Validus Holdings, Ltd. (NYSE:VR) will be announcing its earnings results after the market closes on Wednesday, October 25th.

Validus Holdings (NYSE:VR) last announced its earnings results on Thursday, July 27th. The insurance provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.10. Validus Holdings had a net margin of 22.77% and a return on equity of 10.71%. The company had revenue of $675.27 million for the quarter, compared to analysts’ expectations of $922.84 million. During the same quarter in the previous year, the company posted $0.66 EPS. On average, analysts expect Validus Holdings to post $0.29 EPS for the current fiscal year and $4.08 EPS for the next fiscal year.

Shares of Validus Holdings, Ltd. (NYSE VR) opened at 51.73 on Wednesday. The firm has a market cap of $4.11 billion, a PE ratio of 14.27 and a beta of 0.65. The firm’s 50-day moving average is $48.04 and its 200 day moving average is $52.16. Validus Holdings, Ltd. has a 52 week low of $41.15 and a 52 week high of $58.76.

The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend was Thursday, September 14th. Validus Holdings’s dividend payout ratio is currently 41.87%.

An institutional investor recently raised its position in Validus Holdings stock. The Manufacturers Life Insurance Company boosted its holdings in Validus Holdings, Ltd. (NYSE:VR) by 10.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,382 shares of the insurance provider’s stock after buying an additional 219 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Validus Holdings were worth $124,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 93.51% of the company’s stock.

A number of research analysts have recently weighed in on the company. Keefe, Bruyette & Woods restated a “hold” rating and issued a $51.00 price target on shares of Validus Holdings in a research report on Thursday, October 12th. Barclays PLC decreased their price objective on Validus Holdings from $57.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Monday. ValuEngine lowered Validus Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Zacks Investment Research raised Validus Holdings from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 5th. Finally, BidaskClub raised Validus Holdings from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 12th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. Validus Holdings has a consensus rating of “Hold” and an average target price of $54.17.

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Validus Holdings Company Profile

Validus Holdings, Ltd. is a holding company. The Company operates through four segments: Validus Re, Talbot, Western World and AlphaCat. Validus Re is a Bermuda-based reinsurance segment focused treaty reinsurance. Validus Re concentrates on first-party property and other reinsurance risks. Talbot is a specialty insurance segment operating within the Lloyd’s insurance market through Syndicate 1183.

Earnings History for Validus Holdings (NYSE:VR)

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