Arch Capital Group (NASDAQ:ACGL) Price Target Raised to $118.00

Arch Capital Group (NASDAQ:ACGLFree Report) had its target price increased by JPMorgan Chase & Co. from $116.00 to $118.00 in a research note issued to investors on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the insurance provider’s stock.

Several other research analysts have also recently commented on ACGL. Citigroup restated a “market outperform” rating on shares of Arch Capital Group in a report on Wednesday, July 29th. Atlantic Securities set a $126.00 price target on shares of Arch Capital Group in a research note on Wednesday, July 15th. Keefe, Bruyette & Woods reduced their price objective on shares of Arch Capital Group from $102.00 to $99.00 and set a “market perform” rating for the company in a research note on Wednesday, July 8th. Weiss Ratings cut Arch Capital Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Finally, Morgan Stanley raised their price objective on Arch Capital Group from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Seven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $111.11.

Check Out Our Latest Report on ACGL

Arch Capital Group Stock Up 0.8%

ACGL stock opened at $98.03 on Tuesday. The business has a 50-day moving average of $97.98 and a 200-day moving average of $96.59. Arch Capital Group has a fifty-two week low of $82.44 and a fifty-two week high of $107.08. The stock has a market capitalization of $33.45 billion, a P/E ratio of 7.66, a P/E/G ratio of 10.21 and a beta of 0.31. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.57 and a quick ratio of 0.57.

Arch Capital Group (NASDAQ:ACGLGet Free Report) last released its quarterly 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 return on equity of 17.06% and a net margin of 24.40%.The firm had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.36 billion. During the same quarter in the prior year, the firm posted $2.58 EPS. On average, sell-side analysts anticipate that Arch Capital Group will post 9.43 earnings per share for the current fiscal year.

Insider Buying and Selling at Arch Capital Group

In related news, Director Brian S. Posner sold 3,000 shares of Arch Capital Group stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $19.66, for a total transaction of $58,980.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ACGL. Geneos Wealth Management Inc. lifted its holdings in shares of Arch Capital Group by 157.9% during the first quarter. Geneos Wealth Management Inc. now owns 673 shares of the insurance provider’s stock worth $65,000 after buying an additional 412 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Arch Capital Group during the second quarter worth about $253,000. CW Advisors LLC increased its position in Arch Capital Group by 6.5% during the second quarter. CW Advisors LLC now owns 3,098 shares of the insurance provider’s stock worth $282,000 after acquiring an additional 189 shares during the period. Jump Financial LLC acquired a new stake in Arch Capital Group in the 2nd quarter worth about $667,000. Finally, Cerity Partners LLC raised its stake in Arch Capital Group by 11.6% in the 2nd quarter. Cerity Partners LLC now owns 47,486 shares of the insurance provider’s stock worth $4,324,000 after purchasing an additional 4,933 shares in the last quarter. 89.07% of the stock is owned by institutional investors and hedge funds.

Arch Capital Group News Roundup

Here are the key news stories impacting Arch Capital Group this week:

  • Positive Sentiment: JPMorgan Chase analyst commentary indicated that ACGL’s stock price is expected to rise, providing a positive signal for investor sentiment. The report did not specify the analyst’s price target in the available details. Arch Capital Group Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says
  • Positive Sentiment: Dowling & Partners issued a forecast related to Arch Capital’s fiscal 2027 earnings. The publication of another broker forecast may support interest in the shares, although the specific estimate was not provided in the available article details. What is DOWLING & PARTN’s Forecast for ACGL FY2027 Earnings?
  • Neutral Sentiment: Zacks Research raised its 2026 EPS forecast for ACGL to $9.35 from $9.25 and lifted its third-quarter 2026 estimate slightly to $1.86 from $1.85. Zacks also projects fiscal 2027 EPS of $9.79 and fiscal 2028 EPS of $10.57, indicating continued earnings growth despite revisions to individual quarters.
  • Negative Sentiment: Zacks lowered several forward estimates: fiscal 2027 EPS fell to $9.79 from $9.99, fiscal 2028 EPS to $10.57 from $10.82, first-quarter 2027 EPS to $2.53 from $2.58, third-quarter 2027 EPS to $2.07 from $2.21, fourth-quarter 2027 EPS to $2.70 from $2.80, and first-quarter 2028 EPS to $2.59 from $2.74. These cuts suggest some moderation in expected profitability.

Arch Capital Group Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Arch Capital Group (NASDAQ:ACGL)

Receive News & Ratings for Arch Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arch Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.