Analysts expect Arch Capital Group Ltd. (NASDAQ:ACGL) to announce earnings of $1.35 per share for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Arch Capital Group’s earnings. The lowest EPS estimate is $1.21 and the highest is $1.49. Arch Capital Group reported earnings per share of $1.13 during the same quarter last year, which would suggest a positive year over year growth rate of 19.5%. The business is scheduled to issue its next earnings results on Monday, February 12th.

On average, analysts expect that Arch Capital Group will report full-year earnings of $3.23 per share for the current fiscal year, with EPS estimates ranging from $3.10 to $3.38. For the next financial year, analysts anticipate that the company will report earnings of $6.10 per share, with EPS estimates ranging from $5.75 to $6.50. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Arch Capital Group.

Arch Capital Group (NASDAQ:ACGL) last posted its quarterly earnings results on Wednesday, October 25th. The insurance provider reported ($0.79) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.59) by ($0.20). The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Arch Capital Group had a return on equity of 5.57% and a net margin of 9.44%. The company’s quarterly revenue was up 30.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.14 EPS.

A number of research firms have commented on ACGL. BidaskClub downgraded shares of Arch Capital Group from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $101.00 target price on shares of Arch Capital Group in a research report on Wednesday, December 6th. UBS reissued a “buy” rating on shares of Arch Capital Group in a research report on Monday, October 30th. Wells Fargo & Company set a $100.00 target price on shares of Arch Capital Group and gave the company a “hold” rating in a research report on Thursday, October 26th. Finally, Zacks Investment Research raised shares of Arch Capital Group from a “sell” rating to a “hold” rating in a research report on Thursday, October 12th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. Arch Capital Group has an average rating of “Hold” and a consensus target price of $100.80.

In related news, CEO Nicolas Papadopoulo sold 54,554 shares of Arch Capital Group stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $95.53, for a total value of $5,211,543.62. Following the completion of the sale, the chief executive officer now directly owns 147,481 shares in the company, valued at approximately $14,088,859.93. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mark Donald Lyons sold 5,500 shares of Arch Capital Group stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $92.04, for a total transaction of $506,220.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 65,975 shares of company stock worth $6,256,989. Insiders own 6.60% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC lifted its stake in Arch Capital Group by 0.4% during the 2nd quarter. Parallel Advisors LLC now owns 1,356 shares of the insurance provider’s stock valued at $132,000 after acquiring an additional 6 shares during the period. Oppenheimer & Co. Inc. lifted its stake in Arch Capital Group by 2.6% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 3,873 shares of the insurance provider’s stock valued at $361,000 after acquiring an additional 97 shares during the period. Nordea Investment Management AB lifted its stake in Arch Capital Group by 3.1% during the 2nd quarter. Nordea Investment Management AB now owns 3,300 shares of the insurance provider’s stock valued at $308,000 after acquiring an additional 100 shares during the period. Utah Retirement Systems lifted its stake in Arch Capital Group by 0.5% during the 2nd quarter. Utah Retirement Systems now owns 21,054 shares of the insurance provider’s stock valued at $1,964,000 after acquiring an additional 100 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in Arch Capital Group by 3.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,577 shares of the insurance provider’s stock valued at $706,000 after acquiring an additional 237 shares during the period. Institutional investors own 79.50% of the company’s stock.

Arch Capital Group (NASDAQ:ACGL) opened at $89.80 on Friday. The company has a market cap of $11,844.10, a PE ratio of 30.47, a P/E/G ratio of 2.55 and a beta of 0.67. Arch Capital Group has a 12 month low of $84.21 and a 12 month high of $102.60. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.49.

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Arch Capital Group Company Profile

Arch Capital Group Ltd. provides insurance, reinsurance and mortgage insurance. The Company provides a range of property, casualty and mortgage insurance and reinsurance lines. The Company operates in five segments: insurance, reinsurance, mortgage, other and corporate. The insurance segment’s product lines include construction and national accounts; excess and surplus casualty; lenders products; professional lines; programs; property, energy, marine and aviation; travel, accident and health, and other.

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Earnings History and Estimates for Arch Capital Group (NASDAQ:ACGL)

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