Arch Capital Group (NASDAQ:ACGL) Earns Daily Coverage Optimism Score of 0.08

Headlines about Arch Capital Group (NASDAQ:ACGL) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Arch Capital Group earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the insurance provider an impact score of 85 out of 100, meaning that recent media coverage is very likely to have an effect on the company’s share price in the near term.

These are some of the headlines that may have effected Accern’s scoring:

A number of brokerages have recently weighed in on ACGL. BidaskClub lowered shares of Arch Capital Group from a “hold” rating to a “sell” rating in a research note on Saturday, June 10th. Zacks Investment Research lowered shares of Arch Capital Group from a “hold” rating to a “sell” rating in a research note on Tuesday, June 27th. Wells Fargo & Company reaffirmed a “hold” rating on shares of Arch Capital Group in a research note on Wednesday, April 26th. Keefe, Bruyette & Woods set a $95.00 target price on shares of Arch Capital Group and gave the company a “hold” rating in a research note on Thursday, April 6th. Finally, Deutsche Bank AG lifted their target price on shares of Arch Capital Group from $78.00 to $87.00 and gave the company a “hold” rating in a research note on Thursday, March 30th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $91.50.

Shares of Arch Capital Group (NASDAQ ACGL) opened at 95.23 on Monday. The stock has a market capitalization of $12.76 billion, a PE ratio of 16.14 and a beta of 0.66. Arch Capital Group has a one year low of $68.85 and a one year high of $99.21. The firm’s 50-day moving average is $94.93 and its 200-day moving average is $92.76.

Arch Capital Group (NASDAQ:ACGL) last posted its quarterly earnings results on Tuesday, April 25th. The insurance provider reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.09. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. Arch Capital Group had a net margin of 16.92% and a return on equity of 8.85%. During the same period last year, the firm posted $1.20 EPS. On average, analysts expect that Arch Capital Group will post $5.40 earnings per share for the current fiscal year.

In related news, Director John D. Vollaro sold 2,033 shares of the business’s stock in a transaction on Monday, May 8th. The shares were sold at an average price of $97.32, for a total value of $197,851.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John D. Vollaro sold 2,911 shares of the business’s stock in a transaction on Friday, April 28th. The stock was sold at an average price of $97.26, for a total transaction of $283,123.86. Following the completion of the sale, the director now directly owns 37,650 shares of the company’s stock, valued at approximately $3,661,839. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 166,700 shares of company stock valued at $15,923,004. Insiders own 6.60% of the company’s stock.

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Arch Capital Group Company Profile

Arch Capital Group Ltd. provides insurance, reinsurance and mortgage insurance. The Company provides a range of property, casualty and mortgage insurance and reinsurance lines. The Company operates in five segments: insurance, reinsurance, mortgage, other and corporate. The insurance segment’s product lines include construction and national accounts; excess and surplus casualty; lenders products; professional lines; programs; property, energy, marine and aviation; travel, accident and health, and other.

Insider Buying and Selling by Quarter for Arch Capital Group (NASDAQ:ACGL)

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