Verisk Analytics corporate headquarters in Jersey City, New Jersey
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Type
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Public |
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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
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Scott G. Stephenson (Chairman, President and Chief Executive Officer) |
Revenue | US$2.1 billion (2015) |
Net income
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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.
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 |
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
In VRSK 519 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Vanguard Group, Inc | 17.15M |
BlackRock Inc. | 12.12M |
STATE STREET CORP | 6.46M |
JANUS CAPITAL MANAGEMENT LLC | 6.27M |
PARNASSUS INVESTMENTS /CA | 6.25M |
FMR LLC | 4.16M |
BlackRock Institutional Trust Company, N.A. | 4.14M |
GEODE CAPITAL MANAGEMENT, LLC | 3.67M |
JPMORGAN CHASE & CO | 3.15M |
BROWN ADVISORY INC | 3.06M |
PRICE T ROWE ASSOCIATES INC /MD/ | 3.05M |
BlackRock Fund Advisors | 2.96M |
FLOSSBACH VON STORCH AG | 2.64M |
AKRE CAPITAL MANAGEMENT LLC | 2.44M |
Neuberger Berman Group LLC | 2.02M |
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 / |