Research Analysts Set Expectations for ACGL FY2024 Earnings

Arch Capital Group Ltd. (NASDAQ:ACGL) – Equities researchers at Roth Capital decreased their FY2024 earnings per share (EPS) estimates for Arch Capital Group in a report released on Thursday, October 31st. Roth Capital analyst H. Fong now anticipates that the insurance provider will earn $8.80 per share for the year, down from their previous estimate of $9.30. The consensus estimate for Arch Capital Group’s current full-year earnings is $9.12 per share. Roth Capital also issued estimates for Arch Capital Group’s Q3 2025 earnings at $1.86 EPS, Q4 2025 earnings at $2.59 EPS and Q2 2026 earnings at $2.78 EPS.

Other equities research analysts also recently issued research reports about the stock. Jefferies Financial Group raised their price objective on shares of Arch Capital Group from $114.00 to $134.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. Royal Bank of Canada dropped their target price on Arch Capital Group from $128.00 to $125.00 and set an “outperform” rating on the stock in a research report on Friday. StockNews.com cut Arch Capital Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 24th. TD Cowen boosted their target price on Arch Capital Group from $116.00 to $138.00 and gave the stock a “buy” rating in a research report on Friday, September 20th. Finally, Roth Mkm boosted their target price on Arch Capital Group from $110.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, Arch Capital Group currently has a consensus rating of “Moderate Buy” and an average target price of $120.40.

Arch Capital Group Stock Down 2.6 %

ACGL stock opened at $96.02 on Friday. The stock has a market capitalization of $36.11 billion, a PE ratio of 6.44, a price-to-earnings-growth ratio of 1.94 and a beta of 0.59. The company has a fifty day moving average of $110.43 and a 200-day moving average of $102.70. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.60 and a current ratio of 0.60. Arch Capital Group has a one year low of $72.85 and a one year high of $116.47.

Arch Capital Group (NASDAQ:ACGL) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.05. Arch Capital Group had a return on equity of 19.65% and a net margin of 33.86%. The business had revenue of $4.72 billion during the quarter, compared to the consensus estimate of $4.05 billion. During the same period in the prior year, the company earned $2.31 earnings per share.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ACGL. UMB Bank n.a. purchased a new position in shares of Arch Capital Group in the 2nd quarter worth $30,000. Baldwin Brothers LLC MA boosted its stake in Arch Capital Group by 50.7% in the second quarter. Baldwin Brothers LLC MA now owns 309 shares of the insurance provider’s stock valued at $31,000 after acquiring an additional 104 shares during the period. Rothschild Investment LLC acquired a new position in shares of Arch Capital Group during the second quarter worth approximately $35,000. LRI Investments LLC acquired a new position in shares of Arch Capital Group during the first quarter worth approximately $38,000. Finally, Versant Capital Management Inc boosted its position in shares of Arch Capital Group by 40.3% during the second quarter. Versant Capital Management Inc now owns 456 shares of the insurance provider’s stock worth $46,000 after buying an additional 131 shares during the period. Hedge funds and other institutional investors own 89.07% of the company’s stock.

Insider Activity at Arch Capital Group

In related news, CFO Francois Morin sold 11,460 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $102.46, for a total value of $1,174,191.60. Following the sale, the chief financial officer now owns 221,779 shares of the company’s stock, valued at approximately $22,723,476.34. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.20% of the stock is owned by corporate insiders.

About Arch Capital Group

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.