Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) announced a quarterly dividend on Monday, July 27th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.50 per share by the business services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, September 15th.
Verisk Analytics has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 6 consecutive years. Verisk Analytics has a payout ratio of 25.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Verisk Analytics to earn $8.70 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 23.0%.
Verisk Analytics Stock Up 0.4%
Shares of Verisk Analytics stock traded up $0.89 during trading on Wednesday, hitting $213.15. The company’s stock had a trading volume of 3,401,653 shares, compared to its average volume of 2,162,192. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.02 and a current ratio of 1.02. The company has a fifty day simple moving average of $183.95 and a two-hundred day simple moving average of $189.25. The company has a market capitalization of $27.93 billion, a PE ratio of 32.44, a P/E/G ratio of 2.31 and a beta of 0.69. Verisk Analytics has a 52 week low of $155.94 and a 52 week high of $300.93.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on VRSK. Morgan Stanley set a $235.00 target price on shares of Verisk Analytics in a report on Thursday, April 30th. Bank of America cut their price target on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Weiss Ratings raised Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. JPMorgan Chase & Co. lifted their price objective on Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Rothschild & Co Redburn set a $185.00 target price on Verisk Analytics and gave the stock a “neutral” rating in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Verisk Analytics currently has a consensus rating of “Moderate Buy” and an average price target of $234.87.
Get Our Latest Analysis on Verisk Analytics
Verisk Analytics Company Profile
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
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