Zacks Research Has Bearish Forecast for ACGL FY2027 Earnings

Arch Capital Group Ltd. (NASDAQ:ACGL) – Equities research analysts at Zacks Research lowered their FY2027 earnings per share estimates for shares of Arch Capital Group in a research note issued to investors on Wednesday, June 24th. Zacks Research analyst Team now expects that the insurance provider will post earnings per share of $9.99 for the year, down from their prior estimate of $10.00. The consensus estimate for Arch Capital Group’s current full-year earnings is $9.30 per share.

Arch Capital Group (NASDAQ:ACGL) last posted its quarterly earnings data on Tuesday, March 31st. The insurance provider reported $2.50 EPS for the quarter. The company had revenue of $4.52 billion during the quarter. Arch Capital Group had a net margin of 24.64% and a return on equity of 17.61%.

A number of other equities analysts also recently weighed in on ACGL. JPMorgan Chase & Co. cut their price target on shares of Arch Capital Group from $117.00 to $110.00 and set a “neutral” rating on the stock in a research note on Monday, April 20th. Morgan Stanley set a $105.00 price objective on shares of Arch Capital Group in a research note on Friday, May 1st. Mizuho dropped their price objective on Arch Capital Group from $102.00 to $101.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Wells Fargo & Company upped their price objective on Arch Capital Group from $109.00 to $110.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Barclays increased their target price on Arch Capital Group from $104.00 to $106.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 8th. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Arch Capital Group has an average rating of “Hold” and an average price target of $106.81.

Arch Capital Group Price Performance

ACGL opened at $94.83 on Thursday. Arch Capital Group has a 1 year low of $82.44 and a 1 year high of $103.39. The company’s 50 day simple moving average is $93.69 and its 200 day simple moving average is $94.99. The stock has a market capitalization of $33.13 billion, a PE ratio of 7.28, a P/E/G ratio of 4.69 and a beta of 0.32. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.55 and a current ratio of 0.55.

Hedge Funds Weigh In On Arch Capital Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Daymark Wealth Partners LLC lifted its stake in shares of Arch Capital Group by 3.4% in the fourth quarter. Daymark Wealth Partners LLC now owns 3,211 shares of the insurance provider’s stock worth $308,000 after acquiring an additional 106 shares in the last quarter. Keel Point LLC increased its holdings in Arch Capital Group by 4.6% during the 3rd quarter. Keel Point LLC now owns 2,524 shares of the insurance provider’s stock worth $229,000 after purchasing an additional 112 shares during the last quarter. Legacy Advisors LLC increased its holdings in Arch Capital Group by 1.2% during the 4th quarter. Legacy Advisors LLC now owns 9,551 shares of the insurance provider’s stock worth $916,000 after purchasing an additional 112 shares during the last quarter. Twin Capital Management Inc. raised its position in shares of Arch Capital Group by 1.4% in the 1st quarter. Twin Capital Management Inc. now owns 8,177 shares of the insurance provider’s stock valued at $785,000 after purchasing an additional 116 shares in the last quarter. Finally, V Square Quantitative Management LLC raised its position in shares of Arch Capital Group by 1.3% in the 1st quarter. V Square Quantitative Management LLC now owns 9,453 shares of the insurance provider’s stock valued at $907,000 after purchasing an additional 123 shares in the last quarter. 89.07% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Brian S. Posner sold 3,000 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $19.66, for a total transaction of $58,980.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Daniel Joseph Houston bought 5,300 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was purchased at an average price of $94.08 per share, with a total value of $498,624.00. Following the completion of the purchase, the director directly owned 9,915 shares of the company’s stock, valued at approximately $932,803.20. This trade represents a 114.84% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 3.30% of the company’s stock.

Arch Capital Group Company Profile

Arch Capital Group Ltd. (NASDAQ: ACGL) is a Bermuda-based insurance and reinsurance holding company that underwrites a broad range of property and casualty, mortgage, and specialty risk products. The company operates through a group of underwriting subsidiaries and platforms to provide insurance, reinsurance and related risk solutions tailored to commercial, institutional and individual clients.

Arch’s product mix includes treaty and facultative reinsurance, primary casualty and property insurance, mortgage insurance and other specialty lines.