Arch Capital Group Ltd. (NASDAQ:ACGL – Free Report) – Research analysts at Zacks Research dropped their Q2 2027 earnings per share estimates for shares of Arch Capital Group in a report issued on Wednesday, September 2nd. Zacks Research analyst Team now forecasts that the insurance provider will earn $2.48 per share for the quarter, down from their previous estimate of $2.49. The consensus estimate for Arch Capital Group’s current full-year earnings is $9.44 per share. Zacks Research also issued estimates for Arch Capital Group’s Q2 2028 earnings at $2.71 EPS.
Arch Capital Group (NASDAQ:ACGL – Get Free Report) last announced its earnings results on Tuesday, July 28th. The insurance provider reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.47 by $0.09. Arch Capital Group had a return on equity of 17.06% and a net margin of 24.40%.The firm had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.36 billion. During the same period in the previous year, the business earned $2.58 EPS.
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Arch Capital Group Price Performance
Shares of NASDAQ ACGL opened at $99.83 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.57 and a current ratio of 0.57. The company has a market cap of $34.06 billion, a PE ratio of 7.81, a P/E/G ratio of 4.84 and a beta of 0.30. The business has a 50-day simple moving average of $100.15 and a two-hundred day simple moving average of $96.78. Arch Capital Group has a fifty-two week low of $82.44 and a fifty-two week high of $107.08.
Insider Activity
In related news, CFO Francois Morin sold 11,010 shares of Arch Capital Group stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $99.32, for a total transaction of $1,093,513.20. Following the completion of the sale, the chief financial officer owned 184,826 shares of the company’s stock, valued at $18,356,918.32. The trade was a 5.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.30% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Arch Capital Group
A number of institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its holdings in shares of Arch Capital Group by 157.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 673 shares of the insurance provider’s stock valued at $65,000 after acquiring an additional 412 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Arch Capital Group during the second quarter worth $253,000. CW Advisors LLC lifted its position in Arch Capital Group by 6.5% during the second quarter. CW Advisors LLC now owns 3,098 shares of the insurance provider’s stock valued at $282,000 after purchasing an additional 189 shares during the period. Jump Financial LLC acquired a new position in Arch Capital Group during the second quarter valued at $667,000. Finally, Cerity Partners LLC lifted its position in Arch Capital Group by 11.6% during the second quarter. Cerity Partners LLC now owns 47,486 shares of the insurance provider’s stock valued at $4,324,000 after purchasing an additional 4,933 shares during the period. 89.07% of the stock is owned by hedge funds and other institutional investors.
About Arch Capital Group
Arch Capital Group Ltd. (NASDAQ: ACGL) is a Bermuda-based insurance and reinsurance holding company that underwrites a broad range of property and casualty, mortgage, and specialty risk products. The company operates through a group of underwriting subsidiaries and platforms to provide insurance, reinsurance and related risk solutions tailored to commercial, institutional and individual clients.
Arch’s product mix includes treaty and facultative reinsurance, primary casualty and property insurance, mortgage insurance and other specialty lines.
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