Zacks Research Brokers Decrease Earnings Estimates for ACGL

Arch Capital Group Ltd. (NASDAQ:ACGL) – Zacks Research reduced their Q4 2027 earnings per share estimates for shares of Arch Capital Group in a report released on Monday, March 2nd. Zacks Research analyst Team now anticipates that the insurance provider will earn $2.91 per share for the quarter, down from their previous estimate of $2.93. The consensus estimate for Arch Capital Group’s current full-year earnings is $8.42 per share.

Arch Capital Group (NASDAQ:ACGL) last issued its quarterly earnings results on Monday, February 9th. The insurance provider reported $2.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.34 by $0.64. Arch Capital Group had a net margin of 22.07% and a return on equity of 16.73%. The business had revenue of $4.93 billion during the quarter, compared to analyst estimates of $3.94 billion. During the same quarter in the previous year, the firm earned $2.26 earnings per share.

A number of other research analysts also recently commented on ACGL. Roth Mkm set a $110.00 target price on Arch Capital Group and gave the stock a “buy” rating in a report on Tuesday, December 2nd. Cantor Fitzgerald reissued a “neutral” rating and set a $100.00 price target (up from $97.00) on shares of Arch Capital Group in a research report on Tuesday, February 17th. Barclays set a $104.00 price objective on Arch Capital Group and gave the stock an “equal weight” rating in a research note on Thursday, January 8th. The Goldman Sachs Group restated a “sell” rating and issued a $93.00 price target (up from $84.00) on shares of Arch Capital Group in a research report on Wednesday, January 7th. Finally, JPMorgan Chase & Co. raised their target price on shares of Arch Capital Group from $111.00 to $117.00 and gave the stock a “neutral” rating in a report on Wednesday, January 7th. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $109.20.

Arch Capital Group Price Performance

Shares of ACGL stock opened at $97.07 on Wednesday. The firm has a fifty day moving average of $96.27 and a two-hundred day moving average of $92.89. The firm has a market cap of $34.54 billion, a P/E ratio of 8.35, a P/E/G ratio of 3.96 and a beta of 0.40. Arch Capital Group has a 1-year low of $82.44 and a 1-year high of $103.39. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.53 and a quick ratio of 0.53.

Insider Activity

In other news, insider John M. Pasquesi sold 8,800 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $94.17, for a total value of $828,696.00. Following the sale, the insider owned 289,556 shares of the company’s stock, valued at approximately $27,267,488.52. The trade was a 2.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Maamoun Rajeh sold 47,430 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $96.12, for a total transaction of $4,558,971.60. Following the completion of the sale, the insider directly owned 433,589 shares of the company’s stock, valued at $41,676,574.68. The trade was a 9.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 260,096 shares of company stock valued at $24,530,685 in the last ninety days. Corporate insiders own 4.20% of the company’s stock.

Institutional Investors Weigh In On Arch Capital Group

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank purchased a new position in Arch Capital Group during the 2nd quarter worth approximately $441,551,000. Cooke & Bieler LP purchased a new position in shares of Arch Capital Group during the third quarter valued at $210,856,000. First Trust Advisors LP raised its position in Arch Capital Group by 409.5% during the third quarter. First Trust Advisors LP now owns 2,835,648 shares of the insurance provider’s stock valued at $257,278,000 after buying an additional 2,279,147 shares during the period. AQR Capital Management LLC lifted its stake in Arch Capital Group by 184.1% in the 4th quarter. AQR Capital Management LLC now owns 2,670,628 shares of the insurance provider’s stock worth $256,167,000 after acquiring an additional 1,730,487 shares in the last quarter. Finally, Fiduciary Management Inc. WI purchased a new stake in shares of Arch Capital Group in the fourth quarter worth approximately $106,683,000. Institutional investors and hedge funds own 89.07% of the company’s stock.

About Arch Capital Group

Arch Capital Group Ltd. (NASDAQ: ACGL) is a Bermuda-based insurance and reinsurance holding company that underwrites a broad range of property and casualty, mortgage, and specialty risk products. The company operates through a group of underwriting subsidiaries and platforms to provide insurance, reinsurance and related risk solutions tailored to commercial, institutional and individual clients.

Arch’s product mix includes treaty and facultative reinsurance, primary casualty and property insurance, mortgage insurance and other specialty lines.