Headlines about Arthur J Gallagher & Co (NYSE:AJG) have trended positive this week, according to Accern. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Arthur J Gallagher & Co earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.6858122061153 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Q1 2018 EPS Estimates for Arthur J Gallagher & Co Increased by Analyst (AJG) (americanbankingnews.com)
- Free Post Earnings Research Report: Arthur J. Gallagher’s Top- and Bottom-Line Outperformed Estimates (finance.yahoo.com)
- Arthur J Gallagher & Co (AJG) General Counsel Sells $105,225.00 in Stock (americanbankingnews.com)
- Insider Selling: Arthur J Gallagher & Co (AJG) VP Sells 11,500 Shares of Stock (americanbankingnews.com)
- Zacks.com highlights: Advance Auto Parts, J.B. Hunt Transport Services, Arthur J. Gallagher, Huntington Bancshares and SS&C Technologies Holdings (finance.yahoo.com)
AJG has been the subject of several recent analyst reports. Wells Fargo & Co set a $74.00 target price on Arthur J Gallagher & Co and gave the company a “buy” rating in a report on Friday, December 8th. Zacks Investment Research raised Arthur J Gallagher & Co from a “hold” rating to a “buy” rating and set a $70.00 target price for the company in a report on Wednesday, December 27th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $77.00 target price on shares of Arthur J Gallagher & Co in a report on Friday, December 22nd. SunTrust Banks reaffirmed a “buy” rating and issued a $75.00 target price on shares of Arthur J Gallagher & Co in a report on Friday, January 26th. Finally, Royal Bank of Canada reaffirmed a “hold” rating and issued a $59.00 target price on shares of Arthur J Gallagher & Co in a report on Tuesday, October 10th. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Arthur J Gallagher & Co has a consensus rating of “Buy” and a consensus target price of $70.67.
Arthur J Gallagher & Co (AJG) traded down $2.30 during mid-day trading on Monday, hitting $66.27. The stock had a trading volume of 1,770,000 shares, compared to its average volume of 999,389. The company has a market capitalization of $11,980.00, a price-to-earnings ratio of 26.09, a PEG ratio of 1.73 and a beta of 1.24. The company has a current ratio of 1.05, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. Arthur J Gallagher & Co has a 52 week low of $53.63 and a 52 week high of $70.55.
Arthur J Gallagher & Co (NYSE:AJG) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.07. Arthur J Gallagher & Co had a return on equity of 13.95% and a net margin of 7.52%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same period in the prior year, the company earned $0.66 earnings per share. Arthur J Gallagher & Co’s revenue was up 15.5% compared to the same quarter last year. equities research analysts anticipate that Arthur J Gallagher & Co will post 3.57 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Friday, March 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.47%. This is a positive change from Arthur J Gallagher & Co’s previous quarterly dividend of $0.39. The ex-dividend date is Thursday, March 1st. Arthur J Gallagher & Co’s dividend payout ratio is 61.42%.
In other Arthur J Gallagher & Co news, General Counsel Walter D. Bay sold 1,500 shares of the stock in a transaction on Monday, January 29th. The stock was sold at an average price of $70.15, for a total transaction of $105,225.00. Following the completion of the transaction, the general counsel now directly owns 13,284 shares of the company’s stock, valued at $931,872.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Thomas Joseph Gallagher sold 11,500 shares of the stock in a transaction on Monday, January 29th. The shares were sold at an average price of $69.80, for a total value of $802,700.00. Following the transaction, the vice president now directly owns 176,305 shares of the company’s stock, valued at $12,306,089. The disclosure for this sale can be found here. Over the last three months, insiders have sold 20,600 shares of company stock valued at $1,404,129. 1.60% of the stock is owned by corporate insiders.
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About Arthur J Gallagher & Co
Arthur J. Gallagher & Co and its subsidiaries are engaged in providing insurance brokerage and consulting services, and third-party claims settlement and administration services to both domestic and international entities. The Company operates through three segments: brokerage, risk management and corporate.
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