Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) – Investment analysts at William Blair boosted their FY2024 earnings estimates for Verisk Analytics in a report issued on Wednesday, October 30th. William Blair analyst A. Nicholas now expects that the business services provider will post earnings of $6.67 per share for the year, up from their previous forecast of $6.51. The consensus estimate for Verisk Analytics’ current full-year earnings is $6.58 per share. William Blair also issued estimates for Verisk Analytics’ Q2 2025 earnings at $1.83 EPS.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.07. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The firm had revenue of $725.30 million for the quarter, compared to analyst estimates of $722.19 million. During the same quarter in the previous year, the company posted $1.52 EPS. The business’s revenue was up 7.0% on a year-over-year basis.
Read Our Latest Stock Analysis on Verisk Analytics
Verisk Analytics Stock Performance
Shares of VRSK stock opened at $274.72 on Friday. The stock has a market capitalization of $39.13 billion, a PE ratio of 42.86, a PEG ratio of 3.50 and a beta of 0.86. The business’s 50 day simple moving average is $268.92 and its 200 day simple moving average is $261.87. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.95. Verisk Analytics has a one year low of $215.32 and a one year high of $287.13.
Hedge Funds Weigh In On Verisk Analytics
A number of hedge funds have recently added to or reduced their stakes in VRSK. International Assets Investment Management LLC bought a new position in Verisk Analytics during the 2nd quarter valued at $31,000. Chilton Capital Management LLC bought a new position in shares of Verisk Analytics during the second quarter valued at about $34,000. Rothschild Investment LLC bought a new position in shares of Verisk Analytics during the second quarter valued at about $41,000. Kings Path Partners LLC bought a new stake in Verisk Analytics in the 2nd quarter worth about $46,000. Finally, Carolina Wealth Advisors LLC bought a new stake in Verisk Analytics in the 3rd quarter worth about $50,000. Institutional investors and hedge funds own 90.00% of the company’s stock.
Insider Buying and Selling at Verisk Analytics
In other news, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total transaction of $54,266.00. Following the completion of the sale, the chief financial officer now directly owns 15,808 shares of the company’s stock, valued at $4,289,184.64. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.40% of the company’s stock.
Verisk Analytics Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.56 annualized dividend and a yield of 0.57%. Verisk Analytics’s payout ratio is 24.34%.
About Verisk Analytics
Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.
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