FY2027 Earnings Forecast for ACGL Issued By DOWLING & PARTN

Arch Capital Group Ltd. (NASDAQ:ACGL) – Analysts at DOWLING & PARTN dropped their FY2027 earnings estimates for Arch Capital Group in a research report issued on Friday, August 7th. DOWLING & PARTN analyst N. Iacoviello now anticipates that the insurance provider will post earnings per share of $10.00 for the year, down from their previous estimate of $10.50. The consensus estimate for Arch Capital Group’s current full-year earnings is $9.40 per share. DOWLING & PARTN also issued estimates for Arch Capital Group’s FY2028 earnings at $10.50 EPS.

Several other analysts have also recently weighed in on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $120.00 price target (up from $115.00) on shares of Arch Capital Group in a research note on Thursday, July 30th. Weiss Ratings cut shares of Arch Capital Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Wells Fargo & Company upped their price objective on shares of Arch Capital Group from $114.00 to $117.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Morgan Stanley upped their price target on Arch Capital Group from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Finally, Atlantic Securities set a $126.00 target price on Arch Capital Group in a report on Wednesday, July 15th. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $110.96.

Arch Capital Group Stock Down 0.2%

Shares of ACGL opened at $98.25 on Tuesday. The stock has a fifty day simple moving average of $97.38 and a two-hundred day simple moving average of $96.47. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $33.53 billion, a PE ratio of 7.68, a price-to-earnings-growth ratio of 10.37 and a beta of 0.31. Arch Capital Group has a 52-week low of $82.44 and a 52-week high of $107.08.

Arch Capital Group (NASDAQ:ACGL) last released its earnings results on Tuesday, July 28th. The insurance provider reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.47 by $0.09. Arch Capital Group had a net margin of 24.40% and a return on equity of 17.06%. The business had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.36 billion. During the same period last year, the company posted $2.58 EPS.

Insider Buying and Selling

In other news, Director Brian S. Posner sold 3,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $19.66, for a total value of $58,980.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Arch Capital Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new position in shares of Arch Capital Group in the 4th quarter valued at about $27,000. WealthCollab LLC increased its holdings in Arch Capital Group by 410.3% in the third quarter. WealthCollab LLC now owns 296 shares of the insurance provider’s stock valued at $27,000 after buying an additional 238 shares in the last quarter. Torren Management LLC boosted its holdings in shares of Arch Capital Group by 66.9% during the second quarter. Torren Management LLC now owns 292 shares of the insurance provider’s stock worth $28,000 after purchasing an additional 117 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in shares of Arch Capital Group during the third quarter worth $28,000. Finally, TD Waterhouse Canada Inc. grew its position in shares of Arch Capital Group by 72.7% in the fourth quarter. TD Waterhouse Canada Inc. now owns 323 shares of the insurance provider’s stock valued at $31,000 after purchasing an additional 136 shares during the period. Hedge funds and other institutional investors own 89.07% of the company’s stock.

About Arch Capital Group

Arch Capital Group Ltd. (NASDAQ: ACGL) is a Bermuda-based insurance and reinsurance holding company that underwrites a broad range of property and casualty, mortgage, and specialty risk products. The company operates through a group of underwriting subsidiaries and platforms to provide insurance, reinsurance and related risk solutions tailored to commercial, institutional and individual clients.

Arch’s product mix includes treaty and facultative reinsurance, primary casualty and property insurance, mortgage insurance and other specialty lines.