What is Roth Capital’s Estimate for ACGL FY2024 Earnings?

Arch Capital Group Ltd. (NASDAQ:ACGL) – Investment analysts at Roth Capital lowered their FY2024 earnings estimates for Arch Capital Group in a research note issued on Thursday, October 31st. Roth Capital analyst H. Fong now anticipates that the insurance provider will post earnings of $8.80 per share for the year, down from their previous estimate of $9.30. The consensus estimate for Arch Capital Group’s current full-year earnings is $9.05 per share. Roth Capital also issued estimates for Arch Capital Group’s Q3 2025 earnings at $1.86 EPS, Q4 2025 earnings at $2.59 EPS and Q2 2026 earnings at $2.78 EPS.

A number of other equities research analysts also recently weighed in on the company. TD Cowen raised their price target on Arch Capital Group from $116.00 to $138.00 and gave the company a “buy” rating in a research report on Friday, September 20th. Bank of America boosted their target price on Arch Capital Group from $119.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, October 10th. Barclays assumed coverage on shares of Arch Capital Group in a research report on Wednesday, September 4th. They set an “equal weight” rating and a $120.00 price target on the stock. Royal Bank of Canada cut their price objective on Arch Capital Group from $128.00 to $125.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, JMP Securities upped their target price on Arch Capital Group from $115.00 to $125.00 and gave the company a “market outperform” rating in a report on Tuesday, October 15th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, Arch Capital Group currently has a consensus rating of “Moderate Buy” and an average target price of $120.40.

Arch Capital Group Stock Performance

Arch Capital Group stock opened at $96.02 on Friday. Arch Capital Group has a fifty-two week low of $72.85 and a fifty-two week high of $116.47. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.60 and a current ratio of 0.58. The stock has a market cap of $36.11 billion, a P/E ratio of 6.44, a price-to-earnings-growth ratio of 1.83 and a beta of 0.61. The firm’s fifty day moving average price is $110.43 and its 200-day moving average price is $102.70.

Arch Capital Group (NASDAQ:ACGL) last announced its earnings results on Wednesday, October 30th. The insurance provider reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.05. The business had revenue of $4.72 billion for the quarter, compared to analyst estimates of $4.05 billion. Arch Capital Group had a return on equity of 18.94% and a net margin of 33.86%. During the same period in the prior year, the company earned $2.31 EPS.

Hedge Funds Weigh In On Arch Capital Group

A number of hedge funds have recently bought and sold shares of the company. UMB Bank n.a. bought a new position in shares of Arch Capital Group in the second quarter worth approximately $30,000. Baldwin Brothers LLC MA boosted its stake in Arch Capital Group by 50.7% during the 2nd quarter. Baldwin Brothers LLC MA now owns 309 shares of the insurance provider’s stock valued at $31,000 after purchasing an additional 104 shares during the last quarter. Rothschild Investment LLC bought a new stake in shares of Arch Capital Group in the 2nd quarter worth $35,000. LRI Investments LLC bought a new stake in shares of Arch Capital Group in the 1st quarter worth $38,000. Finally, Versant Capital Management Inc raised its stake in shares of Arch Capital Group by 40.3% in the second quarter. Versant Capital Management Inc now owns 456 shares of the insurance provider’s stock worth $46,000 after purchasing an additional 131 shares during the last quarter. Institutional investors own 89.07% of the company’s stock.

Insider Buying and Selling at Arch Capital Group

In related news, CFO Francois Morin sold 11,460 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $102.46, for a total value of $1,174,191.60. Following the sale, the chief financial officer now owns 221,779 shares in the company, valued at $22,723,476.34. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 4.20% of the company’s stock.

Arch Capital Group Company Profile

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.