Verisk Analytics, Inc. (VRSK) to Issue Quarterly Dividend of $0.45 on December 31st

by · The Cerbat Gem

Verisk Analytics, Inc. (NASDAQ:VRSK – Get Free Report) declared a quarterly dividend on Wednesday, October 22nd. Investors of record on Monday, December 15th will be paid a dividend of 0.45 per share by the business services provider on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, December 15th.

Verisk Analytics has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 6 consecutive years. Verisk Analytics has a dividend payout ratio of 22.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Verisk Analytics to earn $7.25 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 24.8%.

Verisk Analytics Stock Up 0.4%

Verisk Analytics stock traded up $0.85 during trading hours on Friday, hitting $217.14. 1,113,902 shares of the stock traded hands, compared to its average volume of 1,286,444. Verisk Analytics has a one year low of $196.99 and a one year high of $322.92. The firm’s 50-day moving average price is $225.57 and its two-hundred day moving average price is $263.64. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 8.55. The company has a market cap of $30.26 billion, a PE ratio of 33.10, a PEG ratio of 3.40 and a beta of 0.81.

Verisk Analytics (NASDAQ:VRSK – Get Free Report) last announced its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The firm had revenue of $768.30 million during the quarter, compared to analyst estimates of $776.04 million. During the same quarter in the prior year, the company earned $1.67 EPS. The business’s revenue was up 5.9% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, research analysts forecast that Verisk Analytics will post 6.63 EPS for the current year.

About Verisk Analytics

(Get Free Report)

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.

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