Arch Capital Group (ACGL) Earns Daily Media Sentiment Score of 0.41

News articles about Arch Capital Group (NASDAQ:ACGL) have trended positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Arch Capital Group earned a media sentiment score of 0.41 on Accern’s scale. Accern also gave news articles about the insurance provider an impact score of 46.2359442466455 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of analysts have commented on the stock. BidaskClub upgraded shares of Arch Capital Group from a “sell” rating to a “hold” rating in a research report on Friday, June 30th. Wells Fargo & Company restated a “hold” rating on shares of Arch Capital Group in a research report on Wednesday, July 26th. Keefe, Bruyette & Woods restated a “hold” rating and set a $95.00 price target on shares of Arch Capital Group in a research report on Tuesday, July 4th. Buckingham Research assumed coverage on shares of Arch Capital Group in a research report on Monday, September 11th. They set a “buy” rating and a $106.00 price target on the stock. Finally, Zacks Investment Research downgraded shares of Arch Capital Group from a “hold” rating to a “sell” rating in a research report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $98.13.

Arch Capital Group (ACGL) opened at 99.15 on Wednesday. The stock has a 50 day moving average of $97.45 and a 200 day moving average of $96.11. The stock has a market capitalization of $13.33 billion, a P/E ratio of 18.03 and a beta of 0.66. Arch Capital Group has a 52-week low of $76.47 and a 52-week high of $100.91.

Arch Capital Group (NASDAQ:ACGL) last announced its quarterly earnings results on Wednesday, July 26th. The insurance provider reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.28 billion. Arch Capital Group had a return on equity of 8.76% and a net margin of 15.65%. Arch Capital Group’s revenue was up 22.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.13 EPS. On average, equities research analysts forecast that Arch Capital Group will post $4.66 EPS for the current year.

In related news, CFO Mark Donald Lyons sold 9,967 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $97.31, for a total transaction of $969,888.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Nicolas Papadopoulo sold 38,918 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $97.23, for a total value of $3,783,997.14. Following the sale, the chief executive officer now directly owns 182,035 shares of the company’s stock, valued at $17,699,263.05. The disclosure for this sale can be found here. Over the last three months, insiders have sold 195,579 shares of company stock valued at $18,756,983. 6.60% of the stock is owned by company insiders.

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About Arch Capital Group

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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