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

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$80.64 +0.15 (+0.19 %)
(As of 02/22/2019 06:08 AM ET)
Previous Close$80.49
Today's Range$80.28 - $80.76
52-Week Range$64.54 - $80.76
Volume970,500 shs
Average Volume1.16 million shs
Market Capitalization$14.84 billion
P/E Ratio23.37
Dividend Yield2.04%
Beta0.87
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. This segment offers retail brokerage services, which negotiate and place property/casualty, employer-provided health and welfare insurance, and retirement solutions primarily for middle-market commercial, industrial, public entity, religious, and not-for-profit entities. It also provides consulting, management, and administrative services. This segment's wholesale brokerage operations assist brokers and agents in the placement of specialized and hard-to-place insurance programs. It also 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 offers contract claim settlement, claim administration, loss control, and risk management consulting services for commercial, not-for-profit, and captive and public entities, as well as various other organizations that choose to self-insure their property/casualty coverage's; and for underwriting enterprises, which choose to outsource their property/casualty claims departments. This segment also offers integrated disability management programs, as well as information, risk control consulting, and 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$5.7931 per share
Book Value$24.83 per share

Profitability

Net Income$633.50 million

Miscellaneous

Employees30,400
Market Cap$14.84 billion
Next Earnings Date5/7/2019 (Estimated)
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 declared a quarterly dividend on Wednesday, January 30th. Stockholders 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 dividend yield of 2.13%. The ex-dividend date is Thursday, February 28th. This is a positive change 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) issued its quarterly earnings results on Thursday, January, 31st. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.02. The financial services provider had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.61 billion. Arthur J Gallagher & Co had a net margin of 9.14% and a return on equity of 14.03%. 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 Tuesday, May 7th 2019. View Earnings Estimates for Arthur J Gallagher & Co.

What price target have analysts set for AJG?

11 brokerages have issued 12 month price objectives for Arthur J Gallagher & Co's stock. Their forecasts range from $71.00 to $87.00. On average, they expect Arthur J Gallagher & Co's stock price to reach $79.50 in the next year. This suggests that the stock has a possible downside of 1.4%. View Analyst Price Targets for Arthur J Gallagher & Co.

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arthur J Gallagher & Co in the last year. There are currently 5 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?

Media headlines about AJG stock have been trending positive on Friday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Arthur J Gallagher & Co earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the stock's share price in the next few days.

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), Verizon Communications (VZ), WEC Energy Group (WEC), Altria Group (MO), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), American Airlines Group (AAL), Mcdonald's (MCD) and ConocoPhillips (COP).

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

Arthur J Gallagher & Co's management team includes the folowing people:
  • Mr. J. Patrick Gallagher Jr., Chairman, Pres & CEO (Age 67)
  • Mr. Douglas K. Howell, Corp. VP & Chief Financial Officer (Age 57)
  • Mr. Thomas Joseph Gallagher, Corp. VP and Pres of our Global Property & Casualty Brokerage (Age 60)
  • Mr. Patrick M. Gallagher, Exec. VP of Midwest Region
  • Mr. David R. Long, VP (Age 67)

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 BlackRock Inc. (10.71%), Baillie Gifford & Co. (3.88%), Prudential PLC (2.15%), Victory Capital Management Inc. (1.52%), Oregon Public Employees Retirement Fund (1.45%) and Geode Capital Management LLC (1.39%). 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 Millennium Management LLC, Victory Capital Management Inc., Principal Financial Group Inc., First Trust Advisors LP, Epoch Investment Partners Inc., First Quadrant L P CA, Comerica Bank and Macquarie Group Ltd.. Company insiders that have sold Arthur J Gallagher & Co company stock in the last year include David S Johnson, Frank E Jr English, Kay W Mccurdy, Richard C Cary, 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 BlackRock Inc., Oregon Public Employees Retirement Fund, Lord Abbett & CO. LLC, Geode Capital Management LLC, California Public Employees Retirement System, Retirement Systems of Alabama, United Services Automobile Association and Dearborn Partners LLC. 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 $80.64.

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

Arthur J Gallagher & Co has a market capitalization of $14.84 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:  392 (Vote Outperform)
Underperform Votes:  418 (Vote Underperform)
Total Votes:  810
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 2/22/2019 by MarketBeat.com Staff

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