Commitment to shareholder returns makes VRSK a reliable way for investors to compound wealth over the long term.
VRSK grows on the back of acquisitions. Regular dividend payments are boosting investors' morale.
I recommend a hold rating for Verisk Analytics due to its premium valuation compared to peers with similar earnings growth outlooks. VRSK shows strong near-term growth potential, driven by subscription revenue, favorable industry trends, and recent hurricane events. Despite positive growth catalysts, VRSK's current valuation at 38x forward PE is not justified; I expect it to trade down to 35x forward PE.
VRSK's top line benefits from increasing revenues from the Underwriting and Rating, and Claims segments in the third quarter of 2024.
Verisk Analytics, Inc. (NASDAQ:VRSK ) Q3 2024 Results Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Stacey Brodbar - Head of Investor Relations and FP&A Lee Shavel - President and Chief Executive Officer Elizabeth Mann - Chief Financial Officer Saurabh Khemka - Co-President, Underwriting Solutions Rob Newbold - President, Extreme Event Solutions Maroun Mourad - President, Claims Solutions Conference Call Participants Toni Kaplan - Morgan Stanley Ashish Sabadra - RBC Capital Markets Kelsey Zhu - Autonomous Research Surinder Thind - Jefferies Faiza Alwy - Deutsche Bank Andrew Steinerman - J.P. Morgan Jeff Meuler - Robert W.
Verisk Analytics (VRSK) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.60 per share. This compares to earnings of $1.52 per share a year ago.
Verisk beat Wall Street estimates for third-quarter revenue on Wednesday, driven by higher demand for its data analytics products primarily used by property and casualty (P&C) insurers to assess policy risks.
Strong subscription revenues are expected to have driven VRSK's top line in the third quarter of 2024.
Verisk (VRSK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Data and technology company Verisk Analytics Inc. VRSK said Wednesday it estimates the insured losses to onshore property from Hurricane Milton could range from $30 billion to $50 billion.
October 4, 2024 - Verisk (VRSK, Financial) just launched its "Whitespace" in the U.S. Whitespace is a data analytics platform designed to help insurance companies identify and analyze untapped market opportunities. Whitespace was initially launched in the London market and has now expanded to the US.
Verisk (VRSK) reported earnings 30 days ago. What's next for the stock?