Analysts’ Weekly Ratings Updates for Arch Capital Group (ACGL)

Arch Capital Group (NASDAQ: ACGL) has recently received a number of price target changes and ratings updates:

• 1/14/2025 – Arch Capital Group had its price target lowered by analysts at Wells Fargo & Company from $109.00 to $107.00. They now have an “overweight” rating on the stock.
• 1/10/2025 – Arch Capital Group had its price target lowered by analysts at Keefe, Bruyette & Woods from $121.00 to $120.00. They now have an “outperform” rating on the stock.
• 1/6/2025 – Arch Capital Group had its price target lowered by analysts at Barclays PLC from $120.00 to $100.00. They now have an “equal weight” rating on the stock.
• 1/3/2025 – Arch Capital Group had its price target lowered by analysts at JPMorgan Chase & Co. from $110.00 to $106.00. They now have a “neutral” rating on the stock.
• 11/19/2024 – Arch Capital Group had its price target lowered by analysts at Wells Fargo & Company from $118.00 to $109.00. They now have an “overweight” rating on the stock.
• 11/15/2024 – Arch Capital Group had its price target lowered by analysts at Bank of America Co. from $143.00 to $136.00. They now have a “buy” rating on the stock.

Arch Capital Group Stock Performance

Arch Capital Group stock traded up $0.60 during midday trading on Tuesday, hitting $91.43. 894,197 shares of the company were exchanged, compared to its average volume of 1,695,450. The firm has a market capitalization of $34.40 billion, a PE ratio of 6.14, a price-to-earnings-growth ratio of 1.49 and a beta of 0.64. Arch Capital Group Ltd. has a fifty-two week low of $77.53 and a fifty-two week high of $116.47. The business has a fifty day simple moving average of $95.60 and a two-hundred day simple moving average of $101.73. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.58 and a current ratio of 0.58.

Arch Capital Group (NASDAQ:ACGL) last issued its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.99 EPS for the quarter, beating the consensus estimate of $1.94 by $0.05. Arch Capital Group had a return on equity of 18.94% and a net margin of 33.86%. The company had revenue of $4.72 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same period last year, the company earned $2.31 earnings per share. On average, sell-side analysts forecast that Arch Capital Group Ltd. will post 8.99 earnings per share for the current year.

Arch Capital Group Announces Dividend

The company also recently declared a special dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were paid a $5.00 dividend. The ex-dividend date of this dividend was Monday, November 18th.

Hedge Funds Weigh In On Arch Capital Group

A number of institutional investors have recently added to or reduced their stakes in the stock. State Street Corp raised its position in Arch Capital Group by 1.1% in the third quarter. State Street Corp now owns 16,587,446 shares of the insurance provider’s stock valued at $1,855,803,000 after purchasing an additional 172,628 shares during the period. Geode Capital Management LLC raised its holdings in shares of Arch Capital Group by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 10,830,263 shares of the insurance provider’s stock valued at $1,208,307,000 after buying an additional 253,648 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Arch Capital Group by 4.8% in the 3rd quarter. Principal Financial Group Inc. now owns 7,438,738 shares of the insurance provider’s stock valued at $832,246,000 after buying an additional 337,786 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Arch Capital Group by 1.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,124,251 shares of the insurance provider’s stock valued at $573,301,000 after buying an additional 49,426 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Arch Capital Group by 6.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,925,288 shares of the insurance provider’s stock valued at $396,026,000 after buying an additional 244,285 shares during the period. Hedge funds and other institutional investors own 89.07% of the company’s stock.

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.