NYSE:AJG - Arthur J Gallagher & Co Stock Price, News, & Analysis

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$81.58 +1.40 (+1.75 %)
(As of 04/23/2019 04:00 PM ET)
Previous Close$80.18
Today's Range$80.29 - $81.64
52-Week Range$64.54 - $81.64
Volume933,637 shs
Average Volume1.12 million shs
Market Capitalization$15.11 billion
P/E Ratio23.65
Dividend Yield2.15%
Beta0.91
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage, consulting, and third party claims settlement and administration services to entities in the United States and internationally. Its Brokerage segment consists of retail and wholesale insurance brokerage operations. It offers brokerage and consulting services to businesses and organizations, including commercial, not-for-profit, and public entities, as well as individuals in the areas of insurance placement, risk of loss management, and management of employer sponsored benefit programs. This segment also assist retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; acts as a brokerage wholesaler, and managing general agent or managing general underwriter distributing specialized insurance coverage's for underwriting enterprises; and performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance. The company's Risk Management segment provides contract claim settlement and administration services for enterprises and public entities; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent insurance brokers and consultants. Arthur J. Gallagher & Co. was founded in 1927 and is headquartered in Rolling Meadows, Illinois.

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Industry, Sector and Symbol

Industry Insurance agents, brokers, & service
Sub-IndustryInsurance Brokers
SectorFinance
CUSIP36357610
Phone630-773-3800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.93 billion
Cash Flow$5.8648 per share
Book Value$24.88 per share

Profitability

Net Income$633.50 million

Miscellaneous

Employees30,400
Market Cap$15.11 billion
Next Earnings Date4/25/2019 (Confirmed)
OptionableOptionable

Arthur J Gallagher & Co (NYSE:AJG) Frequently Asked Questions

What is Arthur J Gallagher & Co's stock symbol?

Arthur J Gallagher & Co trades on the New York Stock Exchange (NYSE) under the ticker symbol "AJG."

How often does Arthur J Gallagher & Co pay dividends? What is the dividend yield for Arthur J Gallagher & Co?

Arthur J Gallagher & Co announced a quarterly dividend on Wednesday, January 30th. Shareholders of record on Friday, March 1st will be paid a dividend of $0.43 per share on Friday, March 15th. This represents a $1.72 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Thursday, February 28th. This is an increase from Arthur J Gallagher & Co's previous quarterly dividend of $0.41. View Arthur J Gallagher & Co's Dividend History.

How were Arthur J Gallagher & Co's earnings last quarter?

Arthur J Gallagher & Co (NYSE:AJG) released its earnings results on Thursday, January, 31st. The financial services provider reported $0.53 EPS for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.02. The financial services provider earned $1.66 billion during the quarter, compared to analyst estimates of $1.61 billion. Arthur J Gallagher & Co had a return on equity of 14.03% and a net margin of 9.14%. View Arthur J Gallagher & Co's Earnings History.

When is Arthur J Gallagher & Co's next earnings date?

Arthur J Gallagher & Co is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Arthur J Gallagher & Co.

How can I listen to Arthur J Gallagher & Co's earnings call?

Arthur J Gallagher & Co will be holding an earnings conference call on Thursday, April 25th at 5:15 PM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for AJG?

10 equities research analysts have issued twelve-month price targets for Arthur J Gallagher & Co's shares. Their forecasts range from $73.00 to $93.00. On average, they expect Arthur J Gallagher & Co's share price to reach $81.5714 in the next twelve months. This suggests that the stock has a possible downside of 0.0%. View Analyst Price Targets for Arthur J Gallagher & Co.

What is the consensus analysts' recommendation for Arthur J Gallagher & Co?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arthur J Gallagher & Co in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Arthur J Gallagher & Co.

What are Wall Street analysts saying about Arthur J Gallagher & Co stock?

Here are some recent quotes from research analysts about Arthur J Gallagher & Co stock:
  • 1. Wells Fargo & Co analysts commented, "We reaffirm our Outperform rating. $ 2018A 2019E 2020E EPS Curr. Prior Curr. Prior Q1 (Mar.) 1.52 1.65 1.71 1.82 Q2 (June) 0.62 0.68 0.74 0.81 Q3 (Sep.) 0.78 0.91 0.90 1.02 Q4 (Dec.) 0.53 0.64 NC 0.75 FY 3.45 3.87 3.97 4.40 4.42 CY 3.45 3.87 4.40 FY P/EPS 21.7x 19.3x 17.0x Rev.(MM) 5,177 5,858 6,522 NA = Not Available, NC = No Change, NE = No Estimate, NM = Not Meaningful V = Volatile Ticker AJG Outstanding: (MM) 183.8 Market Cap.: (MM) $13,734.2 S&P 500: 2,704.10 Avg. $1.64/2.2% LT Debt: (MM) $3,091.4 LT 14.2% 3-5 Yr. Est. Growth Rate: 10.0% CY 2019 Est." (1/31/2019)
  • 2. According to Zacks Investment Research, "Arthur J. Gallagher’s inorganic growth story seems impressive with strategic buyouts. The pipeline remains strong with about $500 million of revenues. Arthur J. Gallagher is also focused on tapping opportunities in the U.K., Australia, New Zealand, Canada and the United States. Moreover, it sets sights on enhancing productivity and quality as part of its value creation strategy. A solid performance is leading to sufficient cash flows and helps the company deploy capital in shareholder-friendly moves. Shares of Arthur J. Gallagher have outperformed the industry in a year’s time. However, escalating expenses are weighing on Arthur J. Gallagher’s margin expansion. A high debt level inducing increase in interest expenses concern. A Zacks Rank #3 and an Earnings ESP of +3.42% makes us reasonably confident of earnings beat when it reports its fourth-quarter results on Jan 31." (1/25/2019)

Has Arthur J Gallagher & Co been receiving favorable news coverage?

News headlines about AJG stock have trended positive this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Arthur J Gallagher & Co earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term.

Are investors shorting Arthur J Gallagher & Co?

Arthur J Gallagher & Co saw a decline in short interest during the month of March. As of March 29th, there was short interest totalling 1,601,483 shares, a decline of 37.3% from the March 15th total of 2,553,487 shares. Based on an average trading volume of 1,188,742 shares, the short-interest ratio is presently 1.3 days. Approximately 0.9% of the company's shares are sold short. View Arthur J Gallagher & Co's Current Options Chain.

Who are some of Arthur J Gallagher & Co's key competitors?

What other stocks do shareholders of Arthur J Gallagher & Co own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Arthur J Gallagher & Co investors own include Cisco Systems (CSCO), QUALCOMM (QCOM), Altria Group (MO), Verizon Communications (VZ), WEC Energy Group (WEC), Micron Technology (MU), Exxon Mobil (XOM), American Airlines Group (AAL), Applied Materials (AMAT) and Intel (INTC).

Who are Arthur J Gallagher & Co's key executives?

Arthur J Gallagher & Co's management team includes the folowing people:
  • Mr. Douglas K. Howell, Corp. VP & Chief Financial Officer (Age 57)
  • Mr. Walter D. Bay, Corp. VP, Gen. Counsel & Sec. (Age 56)
  • Mr. Thomas Joseph Gallagher, Corp. VP and Pres of Global Property & Casualty Brokerage (Age 60)
  • Mr. Scott R. Hudson, Corp. VP, CEO of Risk Management Services & Pres of Risk Management Services (Age 57)
  • Mr. Patrick M. Gallagher, Exec. VP of Midwest Region

Who are Arthur J Gallagher & Co's major shareholders?

Arthur J Gallagher & Co's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fenimore Asset Management Inc. (0.30%), Hexavest Inc. (0.24%), Welch Group LLC (0.19%), Gateway Investment Advisers LLC (0.18%), Chartwell Investment Partners LLC (0.15%) and Moody National Bank Trust Division (0.08%). Company insiders that own Arthur J Gallagher & Co stock include David S Johnson, Douglas K Howell, Elbert O Hand, Frank E Jr English, J Patrick Gallagher Jr, Joel D Cavaness, Kay W Mccurdy, Richard C Cary, Scott R Hudson, Susan E Pietrucha, Thomas Joseph Gallagher, Walter D Bay and William F Ziebell. View Institutional Ownership Trends for Arthur J Gallagher & Co.

Which major investors are selling Arthur J Gallagher & Co stock?

AJG stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Gateway Investment Advisers LLC, Welch Group LLC, Meeder Asset Management Inc., Clear Harbor Asset Management LLC, Union Bankshares Corp, Nisa Investment Advisors LLC and Lawson Kroeker Investment Management Inc. NE. Company insiders that have sold Arthur J Gallagher & Co company stock in the last year include David S Johnson, Douglas K Howell, Frank E Jr English, Kay W Mccurdy, Richard C Cary, Scott R Hudson, Susan E Pietrucha, Walter D Bay and William F Ziebell. View Insider Buying and Selling for Arthur J Gallagher & Co.

Which major investors are buying Arthur J Gallagher & Co stock?

AJG stock was acquired by a variety of institutional investors in the last quarter, including Hexavest Inc., Eagle Global Advisors LLC, Dorsey Wright & Associates, Pennsylvania Trust Co, Quantitative Systematic Strategies LLC, Sciencast Management LP, Mercer Global Advisors Inc. ADV and KAMES CAPITAL plc. Company insiders that have bought Arthur J Gallagher & Co stock in the last two years include J Patrick Gallagher Jr and Thomas Joseph Gallagher. View Insider Buying and Selling for Arthur J Gallagher & Co.

How do I buy shares of Arthur J Gallagher & Co?

Shares of AJG 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 Arthur J Gallagher & Co's stock price today?

One share of AJG stock can currently be purchased for approximately $81.58.

How big of a company is Arthur J Gallagher & Co?

Arthur J Gallagher & Co has a market capitalization of $15.11 billion and generates $6.93 billion in revenue each year. The financial services provider earns $633.50 million in net income (profit) each year or $3.45 on an earnings per share basis. Arthur J Gallagher & Co employs 30,400 workers across the globe.

What is Arthur J Gallagher & Co's official website?

The official website for Arthur J Gallagher & Co is http://www.ajg.com.

How can I contact Arthur J Gallagher & Co?

Arthur J Gallagher & Co's mailing address is 2850 GOLF ROAD, ROLLING MEADOWS IL, 60008. The financial services provider can be reached via phone at 630-773-3800 or via email at [email protected]


MarketBeat Community Rating for Arthur J Gallagher & Co (NYSE AJG)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  400 (Vote Outperform)
Underperform Votes:  433 (Vote Underperform)
Total Votes:  833
MarketBeat's community ratings are surveys of what our community members think about Arthur J Gallagher & Co and other stocks. Vote "Outperform" if you believe AJG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AJG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/23/2019 by MarketBeat.com Staff

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