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VRSK $290.73

VRSK target price
290.73
0
220
Verisk Analytics
Type
Public
Traded as NASDAQ: VRSK
NASDAQ-100 Component
S&P 500 Component
Industry Data analytics and risk assessment
Founded 1971
Headquarters Jersey City, New Jersey
Key people
Scott G. Stephenson (Chairman, President and Chief Executive Officer)
Revenue US$2.1 billion (2015)
Net income
US$507.6 million (2015)
Website Verisk Analytics

Verisk Analytics, Inc. is an American data analytics and risk assessment firm based in Jersey City, New Jersey, United States, serving customers worldwide in insurance, natural resources, financial services, government, and risk management. The company uses proprietary data sets and industry expertise to provide predictive analytics and decision support solutions in fraud prevention, actuarial science, insurance coverages, fire protection, catastrophe and weather risk, data management, and other fields.

The company was privately held until its October 6, 2009, initial public offering, which raised $1.9 billion for several of the large insurance companies that were its primary shareholders, making it the largest IPO in the United States for the year 2009. The firm did not raise any funds for itself in the IPO, which was designed to provide an opportunity for the firm's casualty and property insurer owners to sell some or all of their holdings and to provide a market price for those retaining their shares. The 2009 IPO was priced at $22 per share for 85.25 million shares owned by its shareholders, including American International Group, The Hartford and Travelers, making it the largest since the 2008 IPO for Visa Inc. In an action described by investment research company Morningstar as a "vote of confidence" in Verisk, Berkshire Hathaway was the only company among the firm's largest shareholders that did not sell any of its stock in the October 2009 IPO.

The company’s Insurance Services Office (ISO) subsidiary was created in 1971 through the consolidation of various state, regional, and national rating bureaus for various lines of property/casualty insurance. ISO helps insurers with product development, underwriting, and rating. In 2008, Verisk Analytics was established to serve as the parent holding company of ISO. In 2009, Verisk completed its IPO and became a publicly traded company.

Since 2000, the company has acquired about 30 new businesses, which have helped broaden its product offerings. In 2002, it expanded its decision analytics business with the acquisition of AIR Worldwide, a catastrophe modeling firm. In 2004, it entered the healthcare market by acquiring several businesses, through which it offers analytical and reporting systems for health insurers, provider organizations, and self-insured employers. In 2006, the company expanded in the insurance claims sector with the acquisition of Xactware, a provider of estimating software for building repair and construction. In 2010, Verisk acquired 3E Company, a provider of services that help customers comply with government-mandated environmental health and safety requirements.

In 2012, Verisk acquired Argus Information & Advisory Services, a provider of information, competitive benchmarking, scoring solutions, analytics, and customized services to financial institutions and regulators in North America, Latin America, and Europe. Also in 2012, Verisk acquired Aspect Loss Prevention, a provider of loss prevention software and analytic solutions to the retail, entertainment, and food industries; and MediConnect Global, Inc., a provider of proprietary systems and services that facilitate the aggregation and analysis of medical records.

In 2014, Verisk acquired Maplecroft.Net Limited, a provider of global risk analytics and advisory services, and Dart, a provider of benchmarking and advisory solutions to financial services institutions in Australia, New Zealand, and other key Asia-Pacific markets.

In 2015, Verisk acquired Wood Mackenzie, a provider of data analytics and commercial intelligence for the energy, chemicals, metals, and mining verticals, in a deal valued at $2.8 billion.

Verisk also currently owns and operates Atmospheric and Environmental Research (AER), a research agency headquartered in Lexington, Massachusetts. AER conducts environmental studies with a focus on weather and climate research, in order to provide risk assessment and analysis for various clients such as NOAA, NASA, and the United States Armed Forces.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-31 Future report Set alerts
Q2 2022 2022-08-02 1.53 1.53
Q1 2022 2022-05-03 1.34 1.34
Q4 2021 2022-02-22 1.47 1.47
Q3 2021 2021-11-02 1.44 1.44
Q2 2021 2021-08-03 1.17 1.17
Q1 2021 2021-05-04 1.23 1.23
Q4 2020 2021-02-23 1.27 1.27
Q3 2020 2020-11-04 1.32 1.32
Q2 2020 2020-08-04 1.29 1.29

Ratings

2016-06-29 Reiterated Rating Morgan Stanley Overweight
2016-05-04 Reiterated Rating Cantor Fitzgerald Buy $79.00
2016-05-02 Reiterated Rating Morgan Stanley Buy $88.00
2016-04-28 Reiterated Rating Cantor Fitzgerald Buy
2016-04-09 Reiterated Rating Sterne Agee CRT Hold
2016-03-22 Initiated Coverage Sterne Agee CRT Neutral $85.00
2016-02-26 Boost Price Target Evercore ISI Buy $87.00 to $89.00
2015-12-17 Reiterated Rating Barclays Overweight $82.00 to $86.00
2015-12-17 Reiterated Rating Barclays PLC Overweight $82.00 to $86.00
2015-12-02 Reiterated Rating Cantor Fitzgerald Buy $79.00
2015-11-10 Initiated Coverage Cantor Fitzgerald Buy $79.00
2015-11-01 Reiterated Rating Deutsche Bank Hold $75.00
2015-11-01 Reiterated Rating Deutsche Bank AG Hold $75.00
2015-10-29 Lower Price Target Credit Suisse Neutral $85.00 to $80.00
2015-10-29 Lower Price Target BMO Capital Markets Market Perform $85.00 to $78.00
2015-10-29 Lower Price Target Credit Suisse Group AG Neutral $85.00 to $80.00
2015-10-09 Reiterated Rating William Blair Buy
2015-10-02 Reiterated Rating Bank of America Outperform
2015-10-02 Reiterated Rating Bank of America Corp. Outperform
2015-07-21 Initiated Coverage Keefe, Bruyette & Woods Outperform $90.00
2015-06-25 Initiated Coverage Bank of America Buy $86.00
2015-06-15 Initiated Coverage Goldman Sachs Neutral $80.00
2015-06-15 Initiated Coverage Goldman Sachs Group Inc. Neutral $80.00
2015-05-28 Reiterated Rating Robert W. Baird Buy $78.00
2015-05-26 Boost Price Target Deutsche Bank Hold $68.00 to $70.00
2015-05-23 Reiterated Rating Credit Suisse Neutral $81.00
2015-05-07 Reiterated Rating SunTrust Buy $89.00
2015-05-07 Reiterated Rating SunTrust Banks Inc. Buy $89.00
2015-04-30 Boost Price Target Barclays Overweight $80.00 to $82.00
2015-04-30 Downgrade BMO Capital Markets Outperform to Market Perform $80.00
2015-03-12 Upgrade Evercore ISI Hold to Buy $77.00 to $81.00
2015-02-26 Boost Price Target Barclays Overweight $74.00 to $80.00
2015-02-26 Boost Price Target JPMorgan Chase & Co. Overweight $75.00 to $82.00
2015-02-26 Boost Price Target Deutsche Bank Hold $66.00 to $68.00
2015-02-26 Downgrade Raymond James Outperform to Market Perform $26.00
2015-02-26 Downgrade Raymond James Financial Inc. Outperform to Market Perform $26.00
2015-01-28 Reiterated Rating William Blair Outperform
2014-12-17 Reiterated Rating Deutsche Bank Hold $67.00 to $66.00
2014-11-11 Downgrade Deutsche Bank Buy to Hold $68.00 to $67.00
2014-10-27 Reiterated Rating Barclays Overweight $78.00 to $74.00
2014-09-09 Initiated Coverage Credit Suisse Neutral
2014-05-01 Reiterated Rating Deutsche Bank Buy $70.00
2014-04-30 Boost Price Target Morgan Stanley $73.00 to $74.00
2014-02-27 Boost Price Target Keefe, Bruyette & Woods $66.00 to $69.00
2014-02-27 Reiterated Rating Morgan Stanley Overweight $73.00 to $74.00
2014-02-13 Upgrade Morgan Stanley Equal Weight to Overweight $74.00
2014-02-12 Initiated Coverage Wells Fargo & Co. Outperform
2014-02-12 Initiated Coverage Wells Fargo Outperform
2014-01-16 Boost Price Target Barclays Overweight $73.00 to $78.00
2013-12-11 Initiated Coverage Credit Suisse Neutral
2013-12-05 Initiated Coverage Oppenheimer Outperform
2013-12-05 Initiated Coverage Robert W. Baird Outperform
2013-11-07 Boost Price Target Evercore ISI $59.00 to $62.00
2013-11-07 Lower Price Target BMO Capital Markets Outperform $74.00 to $68.00
2013-10-16 Reiterated Rating BMO Capital Markets Buy $74.00
2013-10-16 Boost Price Target Susquehanna Positive $71.00 to $77.00
2013-10-07 Initiated Coverage Raymond James Outperform
2013-09-24 Boost Price Target BMO Capital Markets Outperform $70.00 to $74.00
2013-09-20 Initiated Coverage Goldman Sachs Neutral $68.00 to $66.39
2013-06-28 Initiated Janney Buy
2012-07-16 Resumed William Blair Outperform
2011-04-21 Initiated Brigantine Buy $38
2010-04-09 Initiated Susquehanna Financial Positive
2009-11-19 Initiated William Blair Outperform
2016-06-29 Reiterated Rating Morgan Stanley Overweight
2016-05-04 Reiterated Rating Cantor Fitzgerald Buy $79.00
2016-05-02 Reiterated Rating Morgan Stanley Buy $88.00
2016-04-28 Reiterated Rating Cantor Fitzgerald Buy
2016-04-09 Reiterated Rating Sterne Agee CRT Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Stephenson Scott G CEO and President 0.35%  (574838) VRSK /
IORDANOU CONSTANTINE 0.14%  (227909) ACGL / VRSK /
ROTHKOPF ARTHUR J 0.09%  (148150) VRSK /
LEHMAN JOHN F 0.08%  (127499) BLL / ENS / VRSK /
MILLS ANDREW G 0.05%  (90525) ANET / VRSK /
DELL GLEN A 0.04%  (71200) VRSK /
CIALDELLA VINCENT SVP - AISG 0.04%  (64462) VRSK /
BROWN HYATT J 0.04%  (63945) BRO / ISCA / VRSK /
Anquillare Mark V EVP and CFO 0.04%  (61519) VRSK /
LISS SAMUEL G 0.03%  (49399) VRSK /
Thompson Kenneth E EVP, Gen Counsel and Corp Sec 0.03%  (44165) MEAS / VRSK /
McCarthy Vincent de P. SVP, Corp Dev & Strategy 0.02%  (34037) VRSK /
Thompson Kevin Barry SVP - Insurance Services 0.02%  (32782) VRSK /
McConnell Glenn A. Principal Accounting Officer 0.02%  (29237) VRSK /
Shavel Lee EVP and CFO 0.02%  (27445) ITG / NDAQ / VRSK /
Banerjee Nana Chief Analytics Officer 0.01%  (24967) VRSK /
Rotella Perry SVP, Chief Information Officer 0.01%  (21598) VRSK /
MOTAMED THOMAS F 0.01%  (11357) CNA / VRSK /
Huston Eva F. SVP and CFO 0.01%  (10814) VRSK /
Foskett Christopher M 0.01%  (9389) FDC / VRSK /
WRIGHT DAVID B 0.01%  (8951) GKNT / VRSK /