Research Analysts Offer Predictions for VRSK FY2024 Earnings

Verisk Analytics, Inc. (NASDAQ:VRSK) – Analysts at Zacks Research reduced their FY2024 earnings per share estimates for Verisk Analytics in a report released on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the business services provider will earn $6.59 per share for the year, down from their prior forecast of $6.60. The consensus estimate for Verisk Analytics’ current full-year earnings is $6.63 per share. Zacks Research also issued estimates for Verisk Analytics’ Q1 2025 earnings at $1.72 EPS, Q2 2025 earnings at $1.81 EPS, Q4 2025 earnings at $1.82 EPS and FY2025 earnings at $7.16 EPS.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.07. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The firm had revenue of $725.30 million during the quarter, compared to the consensus estimate of $722.19 million. During the same period last year, the business posted $1.52 EPS. The business’s revenue was up 7.0% compared to the same quarter last year.

Other equities analysts have also recently issued reports about the company. Evercore ISI reiterated an “in-line” rating and issued a $279.00 target price on shares of Verisk Analytics in a report on Wednesday, October 2nd. Royal Bank of Canada raised their price objective on shares of Verisk Analytics from $268.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday, October 17th. Morgan Stanley boosted their target price on shares of Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 31st. Wells Fargo & Company raised shares of Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Finally, Barclays boosted their price objective on Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. Six equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Verisk Analytics currently has a consensus rating of “Moderate Buy” and a consensus price target of $285.80.

Verisk Analytics Trading Up 0.3 %

VRSK opened at $291.49 on Monday. The company has a fifty day moving average price of $273.11 and a two-hundred day moving average price of $268.91. Verisk Analytics has a 1-year low of $217.34 and a 1-year high of $293.19. The company has a market cap of $41.16 billion, a P/E ratio of 45.47, a price-to-earnings-growth ratio of 3.64 and a beta of 0.86. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.39 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.54%. Verisk Analytics’s dividend payout ratio (DPR) is presently 24.34%.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $286.49, for a total transaction of $57,298.00. Following the sale, the chief financial officer now directly owns 15,608 shares of the company’s stock, valued at $4,471,535.92. This represents a 1.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Lee Shavel sold 1,000 shares of Verisk Analytics stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $280.71, for a total transaction of $280,710.00. Following the completion of the transaction, the chief executive officer now owns 53,163 shares of the company’s stock, valued at $14,923,385.73. The trade was a 1.85 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,400 shares of company stock worth $678,764. Insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On Verisk Analytics

A number of hedge funds and other institutional investors have recently bought and sold shares of VRSK. International Assets Investment Management LLC purchased a new position in shares of Verisk Analytics in the second quarter valued at $31,000. Chilton Capital Management LLC bought a new position in Verisk Analytics in the 2nd quarter worth about $34,000. Ashton Thomas Securities LLC purchased a new position in Verisk Analytics during the 3rd quarter valued at about $34,000. Rothschild Investment LLC bought a new stake in shares of Verisk Analytics during the second quarter valued at about $41,000. Finally, Kings Path Partners LLC bought a new stake in shares of Verisk Analytics during the second quarter valued at about $46,000. Institutional investors own 90.00% of the company’s stock.

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.