Arch Capital Group (ACGL) to Release Earnings on Monday

Arch Capital Group (NASDAQ:ACGL) will release its earnings data after the market closes on Monday, February 12th. Analysts expect Arch Capital Group to post earnings of $1.39 per share for the quarter.

Shares of Arch Capital Group (ACGL) opened at $90.95 on Monday. Arch Capital Group has a 52-week low of $86.58 and a 52-week high of $102.60. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a market cap of $11,902.99, a P/E ratio of 29.34, a price-to-earnings-growth ratio of 1.33 and a beta of 0.62.

A number of brokerages have weighed in on ACGL. BidaskClub upgraded shares of Arch Capital Group from a “strong sell” rating to a “sell” rating in a research report on Tuesday, January 16th. Wells Fargo & Co restated a “hold” rating and issued a $96.00 target price on shares of Arch Capital Group in a research report on Tuesday, January 9th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $101.00 target price on shares of Arch Capital Group in a research report on Wednesday, December 6th. UBS Group restated a “buy” rating on shares of Arch Capital Group in a research report on Monday, October 30th. Finally, Royal Bank of Canada restated a “buy” rating and issued a $113.00 target price on shares of Arch Capital Group in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $100.40.

In other news, CFO Mark Donald Lyons sold 5,500 shares of the firm’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $92.04, for a total transaction of $506,220.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Louis T. Petrillo sold 5,921 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $91.07, for a total transaction of $539,225.47. Following the transaction, the insider now directly owns 43,268 shares of the company’s stock, valued at approximately $3,940,416.76. The disclosure for this sale can be found here. Insiders have sold 65,975 shares of company stock valued at $6,256,989 in the last ninety days. Insiders own 6.60% of the company’s stock.

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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.

Earnings History for Arch Capital Group (NASDAQ:ACGL)

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