NASDAQ:NAVG - Navigators Group Stock Price, News, & Analysis

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$69.59 +0.14 (+0.20 %)
(As of 12/9/2018 03:12 PM ET)
Previous Close$69.59
Today's Range$69.40 - $69.65
52-Week Range$46.25 - $71.45
Volume149,837 shs
Average Volume103,987 shs
Market Capitalization$2.07 billion
P/E Ratio59.99
Dividend Yield0.40%
Beta0.49
The Navigators Group, Inc., together with its subsidiaries, underwrites marine, property and casualty, and professional liability insurance products and services in the United States and internationally. The company operates through the U.S. Insurance, International Insurance, Global Reinsurance, and Corporate segments. It offers marine insurance products comprising cargo, craft, inland marine, and marine liability; fishing vessels, transport, war, hull, and other marine; and protection and indemnity, specie and fine art, craft, and energy liability insurance products. The company also provides commercial retail excess casualty and specialty wholesale excess casualty; general liability; contractors pollution liability, site pollution liability, and integrated casualty; auto, property, life sciences, surety, media, arts and entertainment, and other property and casualty; onshore and offshore energy, and other energy and engineering; and political violence and terrorism insurance products. In addition, it offers directors and officers; architects and engineers, accountants, miscellaneous professional liability, real estate errors and omissions (E&O), and other E&O; and warranties and indemnity insurance products. Further, the company offers accident and health, marine, property and casualty, professional, management liability, auto, general liability, agriculture, surety, and other reinsurance products. The Navigators Group, Inc. distributes its products through international, national, and regional retail and wholesale insurance brokers. The company was founded in 1982 and is headquartered in Stamford, Connecticut.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Current SymbolNASDAQ:NAVG
Previous Symbol
CUSIP63890410
Phone203-905-6090

Debt

Debt-to-Equity Ratio0.23
Current Ratio0.40
Quick Ratio0.40

Price-To-Earnings

Trailing P/E Ratio59.99
Forward P/E Ratio23.83
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.31 billion
Price / Sales1.58
Cash Flow$1.3088 per share
Price / Cash Flow53.17
Book Value$41.55 per share
Price / Book1.67

Profitability

EPS (Most Recent Fiscal Year)$1.16
Net Income$40.49 million
Net Margins6.54%
Return on Equity7.27%
Return on Assets1.65%

Miscellaneous

Employees732
Outstanding Shares29,780,000
Market Cap$2.07 billion
OptionableOptionable

Navigators Group (NASDAQ:NAVG) Frequently Asked Questions

What is Navigators Group's stock symbol?

Navigators Group trades on the NASDAQ under the ticker symbol "NAVG."

How often does Navigators Group pay dividends? What is the dividend yield for Navigators Group?

Navigators Group announced a quarterly dividend on Thursday, November 8th. Stockholders of record on Friday, November 30th will be given a dividend of $0.07 per share on Friday, December 21st. This represents a $0.28 annualized dividend and a dividend yield of 0.40%. The ex-dividend date is Thursday, November 29th. View Navigators Group's Dividend History.

When did Navigators Group's stock split? How did Navigators Group's stock split work?

Navigators Group shares split before market open on Friday, January 20th 2017. The 2-1 split was announced on Tuesday, December 6th 2016. The newly issued shares were payable to shareholders after the market closes on Thursday, January 19th 2017. An investor that had 100 shares of Navigators Group stock prior to the split would have 200 shares after the split.

How were Navigators Group's earnings last quarter?

Navigators Group Inc (NASDAQ:NAVG) issued its quarterly earnings results on Wednesday, November, 7th. The insurance provider reported $0.14 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.66 by $0.52. The insurance provider had revenue of $374.41 million for the quarter, compared to analysts' expectations of $373.96 million. Navigators Group had a net margin of 6.54% and a return on equity of 7.27%. View Navigators Group's Earnings History.

When is Navigators Group's next earnings date?

Navigators Group is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Navigators Group.

What price target have analysts set for NAVG?

3 brokerages have issued 12-month price objectives for Navigators Group's stock. Their forecasts range from $60.00 to $70.00. On average, they expect Navigators Group's share price to reach $65.00 in the next year. This suggests that the stock has a possible downside of 6.6%. View Analyst Price Targets for Navigators Group.

What is the consensus analysts' recommendation for Navigators Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navigators Group in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Navigators Group.

What are Wall Street analysts saying about Navigators Group stock?

Here are some recent quotes from research analysts about Navigators Group stock:
  • 1. According to Zacks Investment Research, "The Navigators Group, Inc. is a holding company with twelve active wholly owned subsidiaries. They primarily write marine, onshore energy, engineering and construction insurance, and a contractors' general liability program. As underwritten by Navigators, marine insurance includes hull, energy, liability and cargo; onshore energy primarily covers property damage with an emphasis on the oil and petrochemical sectors; and engineering and construction primarily covers construction projects including machinery, equipment and loss of use due to delays. " (11/9/2018)
  • 2. Boenning Scattergood analysts commented, "We view the agreement as fair for Navigators’ shareholders. However, Navigators has a 30-day window to seek competing proposals, and we believe the $70 purchase price leaves some room for a higher competing bid. We believe Navigators has an attractive global platform with a long-standing specialization in the marine insurance niche. Over the last two decades, the company has grown by expanding its products to a more diversified book of specialty insurance, including professional liability and assumed reinsurance products. We are making no changes to our estimates or Neutral rating." (8/22/2018)

Has Navigators Group been receiving favorable news coverage?

News coverage about NAVG stock has been trending positive on Sunday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Navigators Group earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave press coverage about the insurance provider a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the next several days.

Who are some of Navigators Group's key competitors?

Who are Navigators Group's key executives?

Navigators Group's management team includes the folowing people:
  • Mr. Stanley Adam Galanski, Pres, CEO & Director (Age 59)
  • Mr. Ciro Michael DeFalco, Exec. VP & CFO (Age 63)
  • Mr. H. Clay Bassett Jr., Sr. VP, Chief Underwriting Officer & Pres of Assumed Reinsurance of Navigators Re (Age 52)
  • Mr. Vincent Christopher Tizzio, Pres of U.S. Insurance (Age 52)
  • Mr. Michael James Casella, Pres of International Insurance (Age 57)

Who are Navigators Group's major shareholders?

Navigators Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.82%), Dimensional Fund Advisors LP (8.35%), Vanguard Group Inc. (8.30%), Diamond Hill Capital Management Inc. (3.98%), Atlanta Capital Management Co. L L C (2.26%) and Renaissance Technologies LLC (1.94%). Company insiders that own Navigators Group stock include Carl L Bach III, Colin Sprott, Patricia H Roberts, R Scott Eisdorfer, Stanley A Galanski and Vincent C Tizzio. View Institutional Ownership Trends for Navigators Group.

Which institutional investors are selling Navigators Group stock?

NAVG stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Advisory Research Inc., Diamond Hill Capital Management Inc., Prudential Financial Inc., Russell Investments Group Ltd., Investment Counselors of Maryland LLC, GSA Capital Partners LLP and AQR Capital Management LLC. Company insiders that have sold Navigators Group company stock in the last year include Carl L Bach III and Colin Sprott. View Insider Buying and Selling for Navigators Group.

Which institutional investors are buying Navigators Group stock?

NAVG stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Spring Creek Capital LLC, FIL Ltd, Water Island Capital LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Walthausen & Co. LLC and Marshall Wace LLP. View Insider Buying and Selling for Navigators Group.

How do I buy shares of Navigators Group?

Shares of NAVG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Navigators Group's stock price today?

One share of NAVG stock can currently be purchased for approximately $69.59.

How big of a company is Navigators Group?

Navigators Group has a market capitalization of $2.07 billion and generates $1.31 billion in revenue each year. The insurance provider earns $40.49 million in net income (profit) each year or $1.16 on an earnings per share basis. Navigators Group employs 732 workers across the globe.

What is Navigators Group's official website?

The official website for Navigators Group is http://www.navg.com.

How can I contact Navigators Group?

Navigators Group's mailing address is 400 ATLANTIC STREET, STAMFORD CT, 06901. The insurance provider can be reached via phone at 203-905-6090 or via email at [email protected]


MarketBeat Community Rating for Navigators Group (NASDAQ NAVG)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  183 (Vote Outperform)
Underperform Votes:  386 (Vote Underperform)
Total Votes:  569
MarketBeat's community ratings are surveys of what our community members think about Navigators Group and other stocks. Vote "Outperform" if you believe NAVG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NAVG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/9/2018 by MarketBeat.com Staff

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