Arch Capital Group Ltd. (NASDAQ: ACGL) is 1.03% higher on its value in year-to-date trading and has touched a low of $20.93 and a high of $48.32 in the current 52-week trading range. The ACGL stock was last observed hovering at around $36.24 in the last trading session, with the day’s gains setting it 0.2% off its average median price target of $40.00 for the next 12 months. It is also 22.47% off the consensus price target high of $47.00 offered by 12 analysts, but current levels are -1.22% lower than the price target low of $36.00 for the same period.
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Currently trading at $36.44, the stock is 4.21% and 7.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.45 million and changing 0.55% at the moment leaves the stock 19.88% off its SMA200. ACGL registered -16.42% loss for a year compared to 6-month gain of 29.08%. The firm has a 50-day simple moving average (SMA 50) of $34.45 and a 200-day simple moving average (SMA200) of $31.69.
The stock witnessed a 9.83% loss in the last 1 month and extending the period to 3 months gives it a 15.68%, and is 1.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.29% over the week and 2.81% over the month.
Arch Capital Group Ltd. (ACGL) has around 4300 employees, a market worth around $14.71B and $7.80B in sales. Current P/E ratio is 13.06 and Fwd P/E is 12.85. Profit margin for the company is 14.70%. Distance from 52-week low is 74.10% and -24.59% from its 52-week high. The company has generated returns on investments over the last 12 months (13.10%).
Arch Capital Group Ltd. (ACGL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Arch Capital Group Ltd. (ACGL) is a “Overweight”. 12 analysts offering their recommendations for the stock have an average rating of 2.20, where 4 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Arch Capital Group Ltd. is expected to release its quarterly report on 04/28/2021 and quarterly earnings per share for the current quarter are estimated at $0.48 with sales reaching $1.56B over the same period.The EPS is expected to grow by 124.20% this year, but quarterly earnings will post 23.60% year-over-year. Quarterly sales are estimated to grow 16.50% in year-over-year returns.
Arch Capital Group Ltd. (ACGL) Top Institutional Holders
566 institutions hold shares in Arch Capital Group Ltd. (ACGL), with 11.85M shares held by insiders accounting for 2.93% while institutional investors hold 92.43% of the company’s shares. The shares outstanding are 402.85M, and float is at 394.15M with Short Float at 0.93%. Institutions hold 89.72% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 34.59 million shares valued at $1.01 billion. The investor’s holdings represent 8.52% of the ACGL Shares outstanding. As of Sep 29, 2020, the second largest holder is Artisan Partners Limited Partnership with 32.01 million shares valued at $936.4 million to account for 7.88% of the shares outstanding. The other top investors are Blackrock Inc. which holds 24.08 million shares representing 5.93% and valued at over $704.32 million, while BAMCO Inc. holds 5.23% of the shares totaling 21.26 million with a market value of $621.72 million.
Arch Capital Group Ltd. (ACGL) Insider Activity
A total of 2 insider transactions have happened at Arch Capital Group Ltd. (ACGL) in the last six months, with sales accounting for 1 and purchases happening 1 times. The most recent transaction is an insider purchase by GRANDISSON MARC, the company’s President & CEO. SEC filings show that GRANDISSON MARC bought 23,500 shares of the company’s common stock on May 18 at a price of $24.50 per share for a total of $0.58 million. Following the purchase, the insider now owns 1.9 million shares.
Arch Capital Group Ltd. disclosed in a document filed with the SEC on May 14 that Hutchings W Preston (SVP & Chief Investment Officer) sold a total of 100,000 shares of the company’s common stock. The trade occurred on May 14 and was made at $21.20 per share for $2.12 million. Following the transaction, the insider now directly holds 0.38 million shares of the ACGL stock.
Still, SEC filings show that on May 13, Posner Brian S (Director) acquired 1,000 shares at an average price of $22.16 for $22159.0. The insider now directly holds 103,801 shares of Arch Capital Group Ltd. (ACGL).
Arch Capital Group Ltd. (ACGL): Who are the competitors?
The company’s main competitors (and peers) include Everest Re Group Ltd. (RE) that is trading -13.49% down over the past 12 months. W. R. Berkley Corporation (WRB) is -3.22% down on the 1-year trading charts. Short interest in the company’s stock has fallen -3.26% from the last report on Nov 12, 2020 to stand at a total of 3.8 million short shares sold with a short interest ratio of 1.43.