What is William Blair’s Estimate for VRSK FY2024 Earnings?

Verisk Analytics, Inc. (NASDAQ:VRSK) – Investment analysts at William Blair lifted their FY2024 earnings per share estimates for shares of Verisk Analytics in a note issued to investors on Wednesday, October 30th. William Blair analyst A. Nicholas now anticipates that the business services provider will post earnings of $6.67 per share for the year, up from their prior estimate of $6.51. The consensus estimate for Verisk Analytics’ current full-year earnings is $6.58 per share. William Blair also issued estimates for Verisk Analytics’ Q2 2025 earnings at $1.83 EPS.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data 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. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The business had revenue of $725.30 million for the quarter, compared to the consensus estimate of $722.19 million. During the same period in the prior year, the firm earned $1.52 EPS. The business’s revenue for the quarter was up 7.0% on a year-over-year basis.

Several other research firms have also weighed in on VRSK. BMO Capital Markets lifted their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a report on Friday. Royal Bank of Canada lifted their price objective 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. Robert W. Baird increased their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research note on Thursday. Barclays lifted their price target on Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research note on Friday, September 13th. Finally, Evercore ISI reiterated an “in-line” rating and set a $279.00 price target on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Six analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Verisk Analytics presently has a consensus rating of “Moderate Buy” and a consensus price target of $281.08.

Verisk Analytics Stock Up 0.3 %

Verisk Analytics stock opened at $275.48 on Friday. The business’s 50-day moving average price is $269.07 and its 200 day moving average price is $262.24. The company has a quick ratio of 0.95, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. The firm has a market cap of $39.23 billion, a price-to-earnings ratio of 42.98, a price-to-earnings-growth ratio of 3.50 and a beta of 0.86. Verisk Analytics has a 52 week low of $217.34 and a 52 week high of $287.13.

Institutional Trading of Verisk Analytics

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Legal & General Group Plc raised its holdings in Verisk Analytics by 7.4% in the 2nd quarter. Legal & General Group Plc now owns 1,618,266 shares of the business services provider’s stock valued at $436,204,000 after buying an additional 111,364 shares during the period. TD Asset Management Inc boosted its position in shares of Verisk Analytics by 5.5% during the 2nd quarter. TD Asset Management Inc now owns 1,502,614 shares of the business services provider’s stock worth $405,030,000 after purchasing an additional 78,008 shares during the period. GUARDCAP ASSET MANAGEMENT Ltd increased its holdings in Verisk Analytics by 1.1% in the 1st quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 1,137,069 shares of the business services provider’s stock valued at $268,041,000 after purchasing an additional 12,231 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Verisk Analytics by 8.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,103,628 shares of the business services provider’s stock valued at $297,491,000 after purchasing an additional 85,202 shares during the period. Finally, Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of Verisk Analytics by 6.7% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 613,185 shares of the business services provider’s stock valued at $165,284,000 after buying an additional 38,258 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Elizabeth Mann sold 200 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total value of $54,266.00. Following the completion of the sale, the chief financial officer now owns 15,808 shares of the company’s stock, valued at approximately $4,289,184.64. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.40% of the company’s stock.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is 24.34%.

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.