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

Verisk Analytics (NASDAQ:VRSK) is expected to be posting its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect Verisk Analytics to post earnings of $1.60 per share and revenue of $733.55 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Verisk Analytics Stock Up 0.6 %

VRSK stock opened at $297.01 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. The company’s 50 day moving average is $282.97 and its 200 day moving average is $277.62. The stock has a market cap of $41.94 billion, a price-to-earnings ratio of 46.34, a price-to-earnings-growth ratio of 3.37 and a beta of 0.89. Verisk Analytics has a 1-year low of $217.34 and a 1-year high of $298.71.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is 24.34%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Robert W. Baird upped their price objective on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Barclays cut 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 research report on Friday, January 10th. Wells Fargo & Company increased their price target on shares of Verisk Analytics from $313.00 to $325.00 and gave the company an “overweight” rating in a research report on Friday. Royal Bank of Canada reiterated an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a research report on Tuesday, January 7th. Finally, BMO Capital Markets increased their price target on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research report on Friday, November 1st. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $295.33.

Insider Activity

In related news, Director Bruce Edward Hansen sold 1,179 shares of the firm’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $294.95, for a total value of $347,746.05. Following the completion of the sale, the director now owns 13,786 shares of the company’s stock, valued at $4,066,180.70. This trade represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Kathy Card Beckles sold 2,111 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $282.06, for a total value of $595,428.66. Following the completion of the sale, the insider now directly owns 9,066 shares of the company’s stock, valued at $2,557,155.96. The trade was a 18.89 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,469 shares of company stock valued at $1,264,818. 0.40% of the stock is currently owned by company insiders.

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.