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

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$69.96 0.00 (0.00 %)

(As of 05/27/2019 09:40 AM ET)

Previous Close$69.96

Today's Range$69.96 - $69.96

52-Week Range$56.65 - $71.45

VolumeN/A

Average Volume143,446 shs

Market Capitalization$2.10 billion

P/E Ratio37.41

Dividend Yield0.40%

Beta0.35

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, and Global Reinsurance 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 arts, writing banks and cash in transit risks, 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, life sciences, surety, media, arts and entertainment, and other property and casualty; onshore and offshore energy, and other energy and engineering products that includes power station insurance; 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, as well as cyber and run-off insurance products. Further, the company offers accident and health, management liability, specialty casualty, agriculture, 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

CIK793547

Webhttp://www.navg.com/

Phone203-905-6090

Debt

Debt-to-Equity Ratio0.26

Current Ratio0.39

Quick Ratio0.39

Price-To-Earnings

Trailing P/E Ratio37.41

Forward P/E Ratio69.96

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.44 billion

Price / Sales1.45

Cash Flow$2.0420 per share

Price / Cash Flow34.26

Book Value$41.05 per share

Price / Book1.70

Profitability

EPS (Most Recent Fiscal Year)$1.87

Net Income$34.24 million

Net Margins0.11%

Return on Equity0.50%

Return on Assets0.11%

Miscellaneous

Employees838

Outstanding Shares29,970,000

Market Cap$2.10 billion

Next Earnings Date8/14/2019 (Estimated)

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, May 16th. Stockholders of record on Monday, June 3rd will be paid a dividend of $0.07 per share on Monday, June 24th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date of this dividend is Friday, May 31st. 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 on Friday, January 20th 2017. The 2-1 split was announced on Tuesday, December 6th 2016. The newly created shares were distributed to shareholders after the closing bell 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) posted its quarterly earnings results on Thursday, May, 9th. The insurance provider reported ($0.59) earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by $0.90. The insurance provider had revenue of $401.14 million for the quarter, compared to the consensus estimate of $400.80 million. Navigators Group had a net margin of 0.11% and a return on equity of 0.50%. 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 Wednesday, August 14th 2019. View Earnings Estimates for Navigators Group.

What price target have analysts set for NAVG?

3 brokerages have issued 12-month price targets for Navigators Group's stock. Their forecasts range from $70.00 to $70.00. On average, they expect Navigators Group's stock price to reach $70.00 in the next year. This suggests a possible upside of 0.1% 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. " (4/20/2019)
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?

Media stories about NAVG stock have been trending positive recently, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Navigators Group earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave media headlines about the insurance provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of Navigators Group's key competitors?

Some companies that are related to Navigators Group include RenaissanceRe (RNR), Kemper (KMPR), Axis Capital (AXS), Hanover Insurance Group (THG), Selective Insurance Group (SIGI), RLI (RLI), Enstar Group (ESGR), Mercury General (MCY), White Mountains Insurance Group (WTM), AmTrust Financial Services (AFSI), National General (NGHC), ASPEN INS HOLDI/SH (AHL), ProAssurance (PRA), Kinsale Capital Group (KNSL) and Horace Mann Educators (HMN).

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 Kingstone Companies (KINS), 1347 Property Insurance (PIH), Bank of New York Mellon (BK), First Data (FDC), Marsh & McLennan Companies (MMC), Verizon Communications (VZ), Adamis Pharmaceuticals (ADMP), Aurinia Pharmaceuticals (AUPH), Broadcom (AVGO) and Casa Systems (CASA).

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. Henry Clay Bassett Jr., Sr. VP & Chief Underwriting Officer (Age 53)

Who are Navigators Group's major shareholders?

Navigators Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.95%), Dimensional Fund Advisors LP (7.74%), Water Island Capital LLC (3.78%), Champlain Investment Partners LLC (2.84%), Renaissance Technologies LLC (2.78%) and Northern Trust Corp (2.43%). 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 major investors are selling Navigators Group stock?

NAVG stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Chicago Capital Management LLC, JPMorgan Chase & Co., Dimensional Fund Advisors LP, Comerica Bank, Assenagon Asset Management S.A., OppenheimerFunds Inc. and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Navigators Group.

Which major 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, Morgan Stanley, Renaissance Technologies LLC, Candriam Luxembourg S.C.A., SG Americas Securities LLC, Gabelli Funds LLC, Goldman Sachs Group Inc. and TD Asset Management 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 $69.96.

How big of a company is Navigators Group?

Navigators Group has a market capitalization of $2.10 billion and generates $1.44 billion in revenue each year. The insurance provider earns $34.24 million in net income (profit) each year or $1.87 on an earnings per share basis. Navigators Group employs 838 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 ()
Outperform Votes:		202 (Vote Outperform)
Underperform Votes:		417 (Vote Underperform)
Total Votes:		619

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 5/27/2019 by MarketBeat.com Staff