Zacks Research Brokers Lower Earnings Estimates for ACGL

Arch Capital Group Ltd. (NASDAQ:ACGLFree Report) – Investment analysts at Zacks Research reduced their Q1 2028 earnings estimates for shares of Arch Capital Group in a research report issued to clients and investors on Friday, July 3rd. Zacks Research analyst Team now forecasts that the insurance provider will post earnings of $2.74 per share for the quarter, down from their previous forecast of $2.75. The consensus estimate for Arch Capital Group’s current full-year earnings is $9.30 per share.

Arch Capital Group (NASDAQ:ACGLGet Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The insurance provider reported $2.50 earnings per share (EPS) for the quarter. The company had revenue of $4.52 billion during the quarter. Arch Capital Group had a net margin of 24.64% and a return on equity of 17.61%.

A number of other research analysts have also recently commented on the stock. Wells Fargo & Company raised their price target on shares of Arch Capital Group from $109.00 to $110.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. cut their target price on Arch Capital Group from $117.00 to $110.00 and set a “neutral” rating for the company in a research report on Monday, April 20th. Weiss Ratings cut Arch Capital Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Citigroup increased their price objective on Arch Capital Group from $120.00 to $122.50 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Mizuho reduced their target price on shares of Arch Capital Group from $102.00 to $101.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $107.19.

View Our Latest Analysis on Arch Capital Group

Arch Capital Group Stock Performance

NASDAQ ACGL opened at $104.00 on Tuesday. Arch Capital Group has a twelve month low of $82.44 and a twelve month high of $104.19. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.15. The stock has a market cap of $36.34 billion, a P/E ratio of 7.99, a PEG ratio of 5.11 and a beta of 0.31. The company’s 50-day simple moving average is $93.93 and its 200 day simple moving average is $95.32.

Insiders Place Their Bets

In other Arch Capital Group news, Director Daniel Joseph Houston bought 5,300 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were bought at an average price of $94.08 per share, for a total transaction of $498,624.00. Following the completion of the acquisition, the director owned 9,915 shares of the company’s stock, valued at approximately $932,803.20. This trade represents a 114.84% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Brian S. Posner sold 3,000 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $19.66, for a total value of $58,980.00. The SEC filing for this sale provides additional information. Company insiders own 3.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ACGL. Elyxium Wealth LLC acquired a new position in shares of Arch Capital Group during the fourth quarter worth approximately $27,000. WealthCollab LLC increased its holdings in shares of Arch Capital Group by 410.3% in the third quarter. WealthCollab LLC now owns 296 shares of the insurance provider’s stock valued at $27,000 after purchasing an additional 238 shares in the last quarter. JPL Wealth Management LLC bought a new position in Arch Capital Group in the 3rd quarter worth approximately $28,000. Grove Bank & Trust bought a new position in Arch Capital Group in the 4th quarter worth approximately $30,000. Finally, Aventura Private Wealth LLC acquired a new position in Arch Capital Group during the 4th quarter worth $30,000. Institutional investors and hedge funds own 89.07% of the company’s stock.

Arch Capital Group Company Profile

(Get Free Report)

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.

Further Reading

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

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