Verisk Analytics (VRSK) Projected to Post Quarterly Earnings on Wednesday

Verisk Analytics (NASDAQ:VRSK) will likely be announcing its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.60 per share and revenue of $733.55 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $297.01 on Tuesday. Verisk Analytics has a 1 year low of $217.34 and a 1 year high of $298.71. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market cap of $41.94 billion, a price-to-earnings ratio of 46.34, a PEG ratio of 3.37 and a beta of 0.89. The company has a fifty day moving average price of $282.97 and a 200-day moving average price of $277.62.

Verisk Analytics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.39 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.53%. Verisk Analytics’s payout ratio is 24.34%.

Insider Buying and Selling at Verisk Analytics

In other news, insider Kathy Card Beckles sold 2,111 shares of the stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $282.06, for a total value of $595,428.66. Following the sale, the insider now directly owns 9,066 shares of the company’s stock, valued at approximately $2,557,155.96. This represents a 18.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Bruce Edward Hansen sold 1,179 shares of the stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $272.81, for a total transaction of $321,642.99. Following the completion of the sale, the director now directly owns 13,786 shares in the company, valued at approximately $3,760,958.66. The trade was a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,469 shares of company stock valued at $1,264,818 over the last three months. 0.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on VRSK shares. Robert W. Baird upped their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. BMO Capital Markets boosted their price target on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Royal Bank of Canada reissued an “outperform” rating and issued a $300.00 price target on shares of Verisk Analytics in a report on Tuesday, January 7th. Wells Fargo & Company boosted their price target on shares of Verisk Analytics from $313.00 to $325.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Barclays downgraded shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price target on the stock. in a report on Friday, January 10th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Verisk Analytics presently has an average rating of “Hold” and a consensus price target of $295.33.

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.