Validus Holdings (VR) to Release Quarterly Earnings on Thursday
Validus Holdings (NYSE:VR) will be issuing its Q114 quarterly earnings data on Thursday, April 24th. Analysts expect the company to announce earnings of $1.51 per share and revenue of $522.80 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Validus Holdings (NYSE:VR) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.93 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.56 by $0.63. On average, analysts expect Validus Holdings to post $5.05 EPS for the current fiscal year and $5.25 EPS for the next fiscal year.
Shares of Validus Holdings (NYSE:VR) opened at 37.92 on Wednesday. Validus Holdings has a one year low of $33.40 and a one year high of $40.71. The stock’s 50-day moving average is $37.48 and its 200-day moving average is $38.03. The company has a market cap of $3.540 billion and a P/E ratio of 7.62.
A number of research firms have recently commented on VR. Analysts at Keefe, Bruyette & Woods cut their price target on shares of Validus Holdings from $44.00 to $42.00 in a research note on Monday, February 3rd. Analysts at Zacks downgraded shares of Validus Holdings from an “outperform” rating to a “neutral” rating in a research note on Tuesday, January 28th. They now have a $44.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $41.50.
Validus Holdings, Ltd. is a holding company. The Company, through its subsidiaries, provides reinsurance coverage in the property, marine and specialty lines markets and insurance coverage in the same markets.
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