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

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$69.76 -0.14 (-0.20 %)
(As of 02/22/2019 01:38 PM ET)
Previous Close$69.90
Today's Range$69.73 - $69.91
52-Week Range$53.25 - $71.45
Volume74,044 shs
Average Volume153,045 shs
Market Capitalization$2.08 billion
P/E Ratio60.14
Dividend Yield0.40%
Beta0.37
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.31 billion
Cash Flow$1.3066 per share
Book Value$41.55 per share

Profitability

Net Income$40.49 million

Miscellaneous

Employees732
Market Cap$2.08 billion
Next Earnings DateN/A
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 declared a quarterly dividend on Friday, February 15th. Stockholders of record on Monday, February 25th will be given a dividend of $0.07 per share on Monday, March 11th. This represents a $0.28 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend is Friday, February 22nd. View Navigators Group's Dividend History.

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

Shares of Navigators Group 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 issued 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 earnings results on Wednesday, November, 7th. The insurance provider reported $0.14 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.66 by $0.52. The insurance provider had revenue of $374.41 million for the quarter, compared to the consensus estimate of $373.96 million. Navigators Group had a return on equity of 7.27% and a net margin of 6.54%. View Navigators Group's Earnings History.

What price target have analysts set for NAVG?

3 analysts have issued 12 month target prices for Navigators Group's shares. Their predictions range from $70.00 to $70.00. On average, they anticipate Navigators Group's stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 0.3% from the stock's current price. 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. " (1/15/2019)
  • 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?

Press coverage about NAVG stock has been trending somewhat positive on Friday, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Navigators Group earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned news stories about the insurance provider a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days.

Who are some of Navigators Group's key competitors?

What other stocks do shareholders of Navigators Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Navigators Group investors own include Marsh & McLennan Companies (MMC), NVIDIA (NVDA), Bank of New York Mellon (BK), Tesla (TSLA), Rent-A-Center (RCII), First Data (FDC), Endocyte (ECYT), Whiting Petroleum (WLL), Micron Technology (MU) and AmerisourceBergen (ABC).

Who are Navigators Group's key executives?

Navigators Group's management team includes the folowing people:
  • Mr. Stanley Adam Galanski, Pres, CEO & Director (Age 60)
  • Mr. Terence Norman Deeks, Founder & Director (Age 79)
  • Mr. Ciro Michael DeFalco, Exec. VP & CFO (Age 64)
  • Mr. H. Clay Bassett Jr., Sr. VP, Chief Underwriting Officer & Pres of Assumed Reinsurance of Navigators Re (Age 53)
  • Mr. Vincent Christopher Tizzio, Pres of U.S. Insurance (Age 53)

Who are Navigators Group's major shareholders?

Navigators Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.02%), Dimensional Fund Advisors LP (8.29%), Diamond Hill Capital Management Inc. (3.87%), Northern Trust Corp (2.42%), Atlanta Capital Management Co. L L C (2.16%) and Water Island Capital LLC (1.80%). 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 Spring Creek Capital LLC, Millennium Management LLC, Comerica Bank, Citigroup Inc., Prudential Financial Inc., TD Asset Management Inc., Natixis Advisors L.P. and Squarepoint Ops 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 acquired by a variety of institutional investors in the last quarter, including Water Island Capital LLC, Gardner Lewis Asset Management L P, Bank of America Corp DE, Gabelli Funds LLC, Candriam Luxembourg S.C.A., Kassirer Asset Management Corp, Assenagon Asset Management S.A. and BlackRock Inc.. 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 $69.76.

How big of a company is Navigators Group?

Navigators Group has a market capitalization of $2.08 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:  191 (Vote Outperform)
Underperform Votes:  397 (Vote Underperform)
Total Votes:  588
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 2/22/2019 by MarketBeat.com Staff

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