Arch Capital Group Ltd. (NASDAQ:ACGL – Free Report) – Stock analysts at Zacks Research reduced their Q3 2027 earnings estimates for shares of Arch Capital Group in a research note issued on Wednesday, September 2nd. Zacks Research analyst Team now expects that the insurance provider will earn $2.06 per share for the quarter, down from their prior estimate of $2.07. The consensus estimate for Arch Capital Group’s current full-year earnings is $9.44 per share. Zacks Research also issued estimates for Arch Capital Group’s FY2027 earnings at $9.77 EPS and FY2028 earnings at $10.55 EPS.
A number of other research analysts have also weighed in on ACGL. Citigroup reissued a “market outperform” rating on shares of Arch Capital Group in a research note on Wednesday, July 29th. Atlantic Securities set a $126.00 price objective on Arch Capital Group in a research report on Wednesday, July 15th. UBS Group reiterated a “buy” rating and issued a $120.00 target price (up from $114.00) on shares of Arch Capital Group in a research note on Wednesday, July 8th. Wells Fargo & Company increased their target price on Arch Capital Group from $114.00 to $117.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Finally, JPMorgan Chase & Co. raised their price target on Arch Capital Group from $116.00 to $118.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Seven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Arch Capital Group presently has an average rating of “Hold” and a consensus price target of $111.11.
Arch Capital Group Stock Down 0.4%
ACGL stock opened at $98.21 on Thursday. The stock has a market capitalization of $33.51 billion, a P/E ratio of 7.68, a PEG ratio of 4.86 and a beta of 0.30. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.57 and a current ratio of 0.57. Arch Capital Group has a one year low of $82.44 and a one year high of $107.08. The company has a 50 day moving average price of $100.04 and a two-hundred day moving average price of $96.76.
Arch Capital Group (NASDAQ:ACGL – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The insurance provider reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $4.36 billion. During the same quarter in the prior year, the firm posted $2.58 earnings per share.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Elyxium Wealth LLC acquired a new stake in Arch Capital Group during the fourth quarter worth about $27,000. WealthCollab LLC increased its position in Arch Capital Group by 410.3% during the 3rd quarter. WealthCollab LLC now owns 296 shares of the insurance provider’s stock worth $27,000 after purchasing an additional 238 shares in the last quarter. Torren Management LLC raised its holdings in Arch Capital Group by 66.9% in the second quarter. Torren Management LLC now owns 292 shares of the insurance provider’s stock valued at $28,000 after buying an additional 117 shares during the period. JPL Wealth Management LLC purchased a new stake in Arch Capital Group during the third quarter worth approximately $28,000. Finally, Zions Bancorporation National Association UT increased its position in shares of Arch Capital Group by 390.9% in the fourth quarter. Zions Bancorporation National Association UT now owns 324 shares of the insurance provider’s stock worth $31,000 after acquiring an additional 258 shares in the last quarter. Institutional investors and hedge funds own 89.07% of the company’s stock.
Insiders Place Their Bets
In other Arch Capital Group news, CFO Francois Morin sold 11,010 shares of Arch Capital Group stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $99.32, for a total value of $1,093,513.20. Following the transaction, the chief financial officer owned 184,826 shares in the company, valued at $18,356,918.32. This trade represents a 5.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.30% of the stock is currently owned by corporate insiders.
Arch Capital Group Company Profile
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.
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