Several analysts have recently updated their ratings and price targets for The Navigators Group (NASDAQ: NAVG):

  • 10/10/2017 – The Navigators Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “The Navigators Group, Inc. is a holding company with twelve active wholly owned subsidiaries. They primarily write marine, onshore energy, engineering and construction insurance, and a contractors’ general liability program. As underwritten by Navigators, marine insurance includes hull, energy, liability and cargo; onshore energy primarily covers property damage with an emphasis on the oil and petrochemical sectors; and engineering and construction primarily covers construction projects including machinery, equipment and loss of use due to delays. “
  • 10/3/2017 – The Navigators Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $65.00 price target on the stock. According to Zacks, “The Navigators Group, Inc. is a holding company with twelve active wholly owned subsidiaries. They primarily write marine, onshore energy, engineering and construction insurance, and a contractors’ general liability program. As underwritten by Navigators, marine insurance includes hull, energy, liability and cargo; onshore energy primarily covers property damage with an emphasis on the oil and petrochemical sectors; and engineering and construction primarily covers construction projects including machinery, equipment and loss of use due to delays. “
  • 9/29/2017 – The Navigators Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “The Navigators Group, Inc. is a holding company with twelve active wholly owned subsidiaries. They primarily write marine, onshore energy, engineering and construction insurance, and a contractors’ general liability program. As underwritten by Navigators, marine insurance includes hull, energy, liability and cargo; onshore energy primarily covers property damage with an emphasis on the oil and petrochemical sectors; and engineering and construction primarily covers construction projects including machinery, equipment and loss of use due to delays. “
  • 9/26/2017 – The Navigators Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $64.00 price target on the stock. According to Zacks, “The Navigators Group, Inc. is a holding company with twelve active wholly owned subsidiaries. They primarily write marine, onshore energy, engineering and construction insurance, and a contractors’ general liability program. As underwritten by Navigators, marine insurance includes hull, energy, liability and cargo; onshore energy primarily covers property damage with an emphasis on the oil and petrochemical sectors; and engineering and construction primarily covers construction projects including machinery, equipment and loss of use due to delays. “
  • 9/23/2017 – The Navigators Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “The Navigators Group, Inc. is a holding company with twelve active wholly owned subsidiaries. They primarily write marine, onshore energy, engineering and construction insurance, and a contractors’ general liability program. As underwritten by Navigators, marine insurance includes hull, energy, liability and cargo; onshore energy primarily covers property damage with an emphasis on the oil and petrochemical sectors; and engineering and construction primarily covers construction projects including machinery, equipment and loss of use due to delays. “
  • 9/21/2017 – The Navigators Group had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $55.00 price target on the stock.
  • 9/5/2017 – The Navigators Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $62.00 price target on the stock. According to Zacks, “The Navigators Group, Inc. is a holding company with twelve active wholly owned subsidiaries. They primarily write marine, onshore energy, engineering and construction insurance, and a contractors’ general liability program. As underwritten by Navigators, marine insurance includes hull, energy, liability and cargo; onshore energy primarily covers property damage with an emphasis on the oil and petrochemical sectors; and engineering and construction primarily covers construction projects including machinery, equipment and loss of use due to delays. “
  • 9/2/2017 – The Navigators Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “The Navigators Group, Inc. is a holding company with twelve active wholly owned subsidiaries. They primarily write marine, onshore energy, engineering and construction insurance, and a contractors’ general liability program. As underwritten by Navigators, marine insurance includes hull, energy, liability and cargo; onshore energy primarily covers property damage with an emphasis on the oil and petrochemical sectors; and engineering and construction primarily covers construction projects including machinery, equipment and loss of use due to delays. “
  • 8/23/2017 – The Navigators Group was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Shares of The Navigators Group, Inc. (NAVG) traded up 0.04% on Thursday, hitting $58.05. 26,696 shares of the stock traded hands. The company has a market cap of $1.71 billion, a PE ratio of 20.51 and a beta of 0.79. The firm’s 50 day moving average is $56.87 and its 200-day moving average is $54.77. The Navigators Group, Inc. has a 12 month low of $45.38 and a 12 month high of $62.04.

The Navigators Group (NASDAQ:NAVG) last posted its quarterly earnings data on Thursday, August 3rd. The insurance provider reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.08. The firm had revenue of $293.80 million during the quarter, compared to analysts’ expectations of $297.82 million. The Navigators Group had a return on equity of 6.53% and a net margin of 6.86%. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 EPS. Equities analysts predict that The Navigators Group, Inc. will post $2.46 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Thursday, August 24th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date of this dividend was Tuesday, August 22nd. The Navigators Group’s dividend payout ratio is presently 8.48%.

In related news, Director Patricia H. Roberts acquired 1,355 shares of the company’s stock in a transaction that occurred on Friday, August 18th. The stock was purchased at an average price of $55.29 per share, for a total transaction of $74,917.95. Following the transaction, the director now owns 3,951 shares in the company, valued at approximately $218,450.79. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP R Scott Eisdorfer sold 10,985 shares of The Navigators Group stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $56.33, for a total value of $618,785.05. The disclosure for this sale can be found here. In the last quarter, insiders have sold 20,000 shares of company stock valued at $1,123,880. 24.10% of the stock is currently owned by company insiders.

The Navigators Group, Inc is an insurance holding company. The Company is an international insurance company focused on marine insurance. The Company’s segments include U.S. Insurance, International Insurance (Int’l Insurance), Global Reinsurance (GlobalRe) and Corporate. The Company’s Property and Casualty (P&C) insurance business primarily offers general liability coverage, and umbrella and excess liability coverage to commercial enterprises through its U.S.

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