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

Sign in or create an account to add this stock to your watchlist.
$74.18 -1.17 (-1.55 %)
(As of 12/17/2018 06:05 AM ET)
Previous Close$75.35
Today's Range$73.81 - $75.1550
52-Week Range$62.04 - $79.03
Volume954,954 shs
Average Volume1.18 million shs
Market Capitalization$13.62 billion
P/E Ratio24.24
Dividend Yield2.21%
Beta1.02
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.

Receive AJG News and Ratings via Email

Sign-up to receive the latest news and ratings for AJG and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Insurance agents, brokers, & service
Sub-IndustryInsurance Brokers
SectorFinance
Current SymbolNYSE:AJG
Previous Symbol
CUSIP36357610
Phone630-773-3800

Debt

Debt-to-Equity Ratio0.68
Current Ratio1.09
Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio24.24
Forward P/E Ratio21.63
P/E Growth1.98

Sales & Book Value

Annual Sales$6.16 billion
Price / Sales2.21
Cash Flow$5.2129 per share
Price / Cash Flow14.23
Book Value$23.01 per share
Price / Book3.22

Profitability

EPS (Most Recent Fiscal Year)$3.06
Net Income$463.10 million
Net Margins9.04%
Return on Equity15.50%
Return on Assets4.52%

Miscellaneous

Employees26,800
Outstanding Shares183,650,000
Market Cap$13.62 billion
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, October 24th. Shareholders of record on Friday, December 7th will be paid a dividend of $0.41 per share on Friday, December 21st. This represents a $1.64 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend is Thursday, December 6th. 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 earnings results on Thursday, October, 25th. The financial services provider reported $0.78 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.77 by $0.01. The financial services provider earned $1.78 billion during the quarter, compared to analyst estimates of $1.69 billion. Arthur J Gallagher & Co had a net margin of 9.04% and a return on equity of 15.50%. 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, January 24th 2019. View Earnings Estimates for Arthur J Gallagher & Co.

What price target have analysts set for AJG?

11 equities research analysts have issued twelve-month target prices 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 share price to reach $78.80 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. 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 are adjusting our estimates modestly to reflect the updated CFO commentary, although we are maintaining our 2018, 2019, and 2020 EPS estimate of $3.43, $3.97, and $4.42, respectively. We are maintaining our $85 price based on an 18x multiple on 2019 cash earnings (ex-Clean Energy) and assigning $5/share value to the NPV of its tax credits. We reaffirm our Outperform rating and think AJG is on track to continue reporting industry leading organic growth." (12/11/2018)
  • 2. According to Zacks Investment Research, "Shares of Arthur J. Gallagher have outperformed the industry year to date. The company’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. The company has witnessed its estimates move up 0.3% for 2018 and 0.5% for 2019 in the last 60 days. However, escalating expenses are weighing on the company’s margin expansion. A high debt level inducing increase in interest expenses concern." (12/11/2018)

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

Headlines about AJG stock have trended somewhat positive recently, according to InfoTrie. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news 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 media sentiment score of 1.0 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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

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 66)
  • Mr. Douglas K. Howell, Corp. VP & Chief Financial Officer (Age 56)
  • Mr. Thomas Joseph Gallagher, Corp. VP and Pres of our Global Property & Casualty Brokerage (Age 59)
  • Mr. Patrick M. Gallagher, Exec. VP of Midwest Region
  • Mr. James W. Durkin Jr., Former Non-Exec. officer (Age 68)

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

Arthur J Gallagher & Co's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (10.66%), BlackRock Inc. (8.69%), Baillie Gifford & Co. (3.88%), JPMorgan Chase & Co. (2.01%), Victory Capital Management Inc. (1.76%) and Franklin Resources Inc. (1.03%). 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 Franklin Resources Inc., Mitsubishi UFJ Trust & Banking Corp, Victory Capital Management Inc., Man Group plc, Renaissance Technologies LLC, Janus Henderson Group PLC, Epoch Investment Partners Inc. and Deutsche Bank AG. Company insiders that have sold Arthur J Gallagher & Co company stock in the last year include Douglas K Howell, Elbert O Hand, Frank E Jr English, Kay W Mccurdy, Richard C Cary, Susan E Pietrucha, Thomas Joseph Gallagher, 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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., William Blair Investment Management LLC, First Trust Advisors LP, Point72 Asset Management L.P., Baird Financial Group Inc., Vanguard Group Inc, Los Angeles Capital Management & Equity Research Inc. and Moody National Bank Trust Division. 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 $74.18.

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

Arthur J Gallagher & Co has a market capitalization of $13.62 billion and generates $6.16 billion in revenue each year. The financial services provider earns $463.10 million in net income (profit) each year or $3.06 on an earnings per share basis. Arthur J Gallagher & Co employs 26,800 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:  2.5 out of 5 (star star half star)
Outperform Votes:  383 (Vote Outperform)
Underperform Votes:  398 (Vote Underperform)
Total Votes:  781
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 12/17/2018 by MarketBeat.com Staff

Featured Article: What are earnings reports?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel