Verisk Analytics, Inc. (NASDAQ:VRSK) Receives Average Rating of “Hold” from Analysts

Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) have earned a consensus rating of “Hold” from the eighteen analysts that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $282.1429.

VRSK has been the subject of a number of recent analyst reports. Barclays upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and decreased their target price for the company from $310.00 to $275.00 in a research report on Thursday, October 30th. Argus cut shares of Verisk Analytics from a “buy” rating to a “hold” rating in a report on Friday, November 14th. Seaport Res Ptn upgraded shares of Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Evercore ISI cut their target price on Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a research report on Thursday, October 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Verisk Analytics in a research report on Monday, December 8th.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, Director Sabra R. Purtill purchased 450 shares of the business’s stock in a transaction on Friday, October 31st. The stock was bought at an average cost of $217.95 per share, with a total value of $98,077.50. Following the acquisition, the director owned 1,327 shares of the company’s stock, valued at $289,219.65. The trade was a 51.31% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.99, for a total transaction of $238,689.00. Following the transaction, the chief executive officer owned 77,807 shares of the company’s stock, valued at approximately $16,883,340.93. This trade represents a 1.39% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders purchased 1,450 shares of company stock valued at $314,663 and sold 2,000 shares valued at $452,871. 0.46% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. UMB Bank n.a. boosted its stake in shares of Verisk Analytics by 0.4% during the 2nd quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock worth $2,809,000 after acquiring an additional 35 shares in the last quarter. NBT Bank N A NY lifted its holdings in shares of Verisk Analytics by 11.4% during the second quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock valued at $106,000 after purchasing an additional 35 shares during the last quarter. Tranquility Partners LLC boosted its position in shares of Verisk Analytics by 1.1% in the 2nd quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock valued at $1,006,000 after purchasing an additional 35 shares during the period. EWA LLC increased its stake in Verisk Analytics by 3.6% in the 2nd quarter. EWA LLC now owns 1,105 shares of the business services provider’s stock worth $344,000 after purchasing an additional 38 shares in the last quarter. Finally, Accretive Wealth Partners LLC raised its holdings in Verisk Analytics by 0.8% during the 2nd quarter. Accretive Wealth Partners LLC now owns 4,548 shares of the business services provider’s stock worth $1,417,000 after buying an additional 38 shares during the period. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Up 0.4%

Shares of Verisk Analytics stock opened at $217.14 on Friday. The business’s fifty day moving average price is $225.57 and its two-hundred day moving average price is $263.27. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.19. The company has a market capitalization of $30.26 billion, a P/E ratio of 33.10, a PEG ratio of 3.41 and a beta of 0.81. Verisk Analytics has a 1-year low of $196.99 and a 1-year high of $322.92.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.02. The company had revenue of $768.30 million during the quarter, compared to analysts’ expectations of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.67 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, research analysts forecast that Verisk Analytics will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, December 15th. Verisk Analytics’s payout ratio is presently 27.44%.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.