What is Zacks Research’s Estimate for VRSK FY2024 Earnings?

Verisk Analytics, Inc. (NASDAQ:VRSK) – Equities researchers at Zacks Research dropped their FY2024 earnings per share estimates for shares of Verisk Analytics in a research report issued to clients and investors on Wednesday, November 20th. Zacks Research analyst R. Department now anticipates that the business services provider will post earnings per share of $6.59 for the year, down from their previous estimate 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 earnings results on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, beating the consensus estimate of $1.60 by $0.07. The company had revenue of $725.30 million during the quarter, compared to analysts’ expectations of $722.19 million. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.52 EPS.

Several other research firms have also weighed in on VRSK. Deutsche Bank Aktiengesellschaft lifted their target price on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. Barclays lifted their price objective on Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Wells Fargo & Company raised Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Robert W. Baird raised their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Finally, Royal Bank of Canada upped their price target on shares of Verisk Analytics from $268.00 to $300.00 and gave the company an “outperform” rating in a report on Thursday, October 17th. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $285.80.

Verisk Analytics Stock Performance

Shares of VRSK stock opened at $294.75 on Monday. The stock has a 50-day moving average of $273.66 and a 200-day moving average of $269.24. Verisk Analytics has a one year low of $217.34 and a one year high of $296.10. The stock has a market cap of $41.62 billion, a PE ratio of 45.98, a price-to-earnings-growth ratio of 3.64 and a beta of 0.86. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82.

Institutional Investors Weigh In On Verisk Analytics

Hedge funds and other institutional investors have recently modified their holdings of the company. Marshall Financial Group LLC raised its position in shares of Verisk Analytics by 0.8% in the third quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock valued at $1,322,000 after buying an additional 38 shares in the last quarter. Signaturefd LLC raised its holdings in Verisk Analytics by 1.5% in the 3rd quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock valued at $693,000 after acquiring an additional 38 shares in the last quarter. Brookstone Capital Management raised its holdings in Verisk Analytics by 1.2% in the 2nd quarter. Brookstone Capital Management now owns 3,517 shares of the business services provider’s stock valued at $982,000 after acquiring an additional 41 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Verisk Analytics by 19.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider’s stock valued at $57,000 after acquiring an additional 42 shares during the period. Finally, Ascent Group LLC grew its holdings in shares of Verisk Analytics by 1.8% during the 2nd quarter. Ascent Group LLC now owns 2,465 shares of the business services provider’s stock worth $664,000 after purchasing an additional 43 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Buying and Selling

In other news, CEO Lee Shavel sold 1,000 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $280.71, for a total value of $280,710.00. Following the transaction, the chief executive officer now directly owns 53,163 shares of the company’s stock, valued at $14,923,385.73. This represents a 1.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $286.49, for a total transaction of $57,298.00. Following the sale, the chief financial officer now owns 15,608 shares of the company’s stock, valued at approximately $4,471,535.92. This represents a 1.27 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,400 shares of company stock worth $678,764. Company insiders own 0.40% of the company’s stock.

Verisk Analytics Announces Dividend

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

Verisk Analytics Company Profile

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.