Wall Street analysts expect Verisk Analytics, Inc. (NASDAQ:VRSK) to announce $1.13 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Seven analysts have made estimates for Verisk Analytics’ earnings. The lowest EPS estimate is $1.10 and the highest is $1.17. Verisk Analytics reported earnings of $1.08 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 4.6%. The company is expected to issue its next quarterly earnings report on Tuesday, October 29th.
On average, analysts expect that Verisk Analytics will report full-year earnings of $4.42 per share for the current financial year, with EPS estimates ranging from $4.36 to $4.50. For the next financial year, analysts forecast that the business will post earnings of $4.89 per share, with EPS estimates ranging from $4.75 to $5.08. Zacks’ earnings per share averages are an average based on a survey of analysts that cover Verisk Analytics.
Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, July 30th. The business services provider reported $1.10 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.10. Verisk Analytics had a return on equity of 33.05% and a net margin of 23.97%. The company had revenue of $652.60 million during the quarter, compared to analysts’ expectations of $642.61 million. During the same quarter last year, the business posted $1.06 EPS. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year.
In other Verisk Analytics news, insider Vincent De P. Mccarthy sold 46,229 shares of Verisk Analytics stock in a transaction on Friday, September 13th. The stock was sold at an average price of $156.87, for a total value of $7,251,943.23. Following the completion of the sale, the insider now owns 53,922 shares of the company’s stock, valued at approximately $8,458,744.14. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Vincent De P. Mccarthy sold 3,591 shares of Verisk Analytics stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $157.85, for a total value of $566,839.35. Following the completion of the sale, the insider now directly owns 36,033 shares of the company’s stock, valued at approximately $5,687,809.05. The disclosure for this sale can be found here. In the last three months, insiders sold 66,670 shares of company stock valued at $10,384,924. Corporate insiders own 2.71% of the company’s stock.
Institutional investors have recently bought and sold shares of the business. Signaturefd LLC increased its holdings in shares of Verisk Analytics by 112.8% in the 1st quarter. Signaturefd LLC now owns 200 shares of the business services provider’s stock worth $27,000 after purchasing an additional 106 shares in the last quarter. Glassman Wealth Services grew its holdings in shares of Verisk Analytics by 43.4% in the first quarter. Glassman Wealth Services now owns 248 shares of the business services provider’s stock worth $33,000 after acquiring an additional 75 shares during the period. Point72 Asset Management L.P. bought a new stake in shares of Verisk Analytics in the second quarter worth $44,000. Commonwealth Bank of Australia grew its holdings in shares of Verisk Analytics by 44.6% in the second quarter. Commonwealth Bank of Australia now owns 337 shares of the business services provider’s stock worth $47,000 after acquiring an additional 104 shares during the period. Finally, Meridian Wealth Management LLC bought a new stake in shares of Verisk Analytics in the first quarter worth $53,000. 91.37% of the stock is owned by institutional investors and hedge funds.
VRSK stock traded up $3.23 on Wednesday, reaching $157.54. 548,314 shares of the company traded hands, compared to its average volume of 741,624. Verisk Analytics has a one year low of $102.74 and a one year high of $164.97. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.77 and a quick ratio of 0.77. The company has a market cap of $25.76 billion, a P/E ratio of 38.33, a price-to-earnings-growth ratio of 3.49 and a beta of 0.70. The firm has a fifty day simple moving average of $158.12 and a 200-day simple moving average of $147.02.
The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date of this dividend was Thursday, September 12th. Verisk Analytics’s payout ratio is 24.33%.
About Verisk Analytics
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
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