About Validus Holdings (NYSE:VR)
Validus Holdings, Ltd. is a holding company. The Company operates through four segments: Validus Re, Talbot, Western World and AlphaCat. Validus Re is a Bermuda-based reinsurance segment focused treaty reinsurance. Validus Re concentrates on first-party property and other reinsurance risks. Talbot is a specialty insurance segment operating within the Lloyd's insurance market through Syndicate 1183. The Talbot segment is focused on a range of marine and energy, political lines, commercial property, financial lines, contingency, accident and health and aviation classes of business. Western World is a specialty excess and surplus lines insurance segment operating within the United States commercial market. AlphaCat is a Bermuda-based investment advisor, managing capital from third parties and the Company in insurance linked securities and other investments in the property catastrophe reinsurance space.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Property & Casualty Reinsurance
- Sub-Industry: Reinsurance
- Symbol: NYSE:VR
- CUSIP: G9319H10
- Web: www.validusholdings.com
- Market Cap: $4.12545 billion
- Outstanding Shares: 79,465,000
- 50 Day Moving Avg: $48.33
- 200 Day Moving Avg: $52.06
- 52 Week Range: $41.15 - $58.76
Sales & Book Value:
- Trailing P/E Ratio: 14.31
- Foreward P/E Ratio: 12.81
- P/E Growth: 222.11
- Annual Revenue: $2.48 billion
- Price / Sales: 1.66
- Book Value: $47.93 per share
- Price / Book: 1.08
- Annual Dividend: $1.52
- Dividend Yield: 2.9%
- EBITDA: $538.06 million
- Net Margins: 11.81%
- Return on Equity: 7.75%
- Return on Assets: 2.55%
- Debt-to-Equity Ratio: 0.44%
- Current Ratio: 1.06%
- Quick Ratio: 1.06%
- Average Volume: 901,515 shs.
- Beta: 0.65
Frequently Asked Questions for Validus Holdings (NYSE:VR)
What is Validus Holdings' stock symbol?
Validus Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "VR."
How often does Validus Holdings pay dividends? What is the dividend yield for Validus Holdings?
Validus Holdings declared a quarterly dividend on Thursday, August 10th. Investors of record on Friday, September 15th will be given a dividend of $0.38 per share on Friday, September 29th. This represents a $1.52 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Thursday, September 14th. View Validus Holdings' Dividend History.
How were Validus Holdings' earnings last quarter?
Validus Holdings, Ltd. (NYSE:VR) posted its quarterly earnings results on Thursday, July, 27th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.10. The business had revenue of $675.27 million for the quarter, compared to analyst estimates of $922.84 million. Validus Holdings had a net margin of 11.81% and a return on equity of 7.75%. During the same quarter in the previous year, the firm posted $0.66 earnings per share. View Validus Holdings' Earnings History.
When will Validus Holdings make its next earnings announcement?
Where is Validus Holdings' stock going? Where will Validus Holdings' stock price be in 2017?
5 analysts have issued 12-month price objectives for Validus Holdings' shares. Their forecasts range from $51.00 to $62.00. On average, they anticipate Validus Holdings' stock price to reach $55.40 in the next twelve months. View Analyst Ratings for Validus Holdings.
Are investors shorting Validus Holdings?
Validus Holdings saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,332,718 shares, an increase of 100.2% from the August 31st total of 665,832 shares. Based on an average daily trading volume, of 2,012,885 shares, the days-to-cover ratio is currently 0.7 days. Approximately 1.7% of the company's shares are sold short.
Who are some of Validus Holdings' key competitors?
Some companies that are related to Validus Holdings include Macro Bank (BMA), Camden Property Trust (CPT), Macerich Company (The) (MAC), Kimco Realty Corporation (KIM), Scor SE (SCRYY), VEREIT (VER), Gaming and Leisure Properties (GLPI), Equity Lifestyle Properties (ELS), Zillow Group (Z), W.P. Carey (WPC), Voya Financial (VOYA), Signature Bank (SBNY), Invitation Home (INVH), MarketAxess Holdings (MKTX), Kilroy Realty Corporation (KRC), Sun Communities (SUI), Ares Capital Corporation (ARCC) and Grupo Financiero Galicia S.A. (GGAL).
Who are Validus Holdings' key executives?
Validus Holdings' management team includes the folowing people:
- Edward Joseph Noonan, Chairman of the Board, Chief Executive Officer
- Kean D. Driscoll, President
- Jeffrey D. Sangster, Chief Financial Officer, Executive Vice President
- Lixin Zeng Ph.D., CFA, Chief Executive Officer of AlphaCat Managers, Ltd.
- Michael R. Moore, Chief Operating Officer, Executive Vice President
- Patrick Boisvert, Executive Vice President, Chief Accounting Officer
- Romel Salam, Executive Vice President, Chief Risk Officer
- Robert F. Kuzloski, Executive Vice President, General Counsel
- Andrew E. Kudera, Executive Vice President, Chief Actuary
- John Joseph Hendrickson, Director - Strategy, Risk Management and Corporate Development, Director
Who owns Validus Holdings stock?
Validus Holdings' stock is owned by a number of of retail and institutional investors. Top institutional investors include State Treasurer State of Michigan (4.78%), Diamond Hill Capital Management Inc. (2.47%), Robeco Institutional Asset Management B.V. (2.12%), Sit Investment Associates Inc. (0.20%), Whittier Trust Co. (0.10%) and APG Asset Management N.V. (0.03%). Company insiders that own Validus Holdings stock include Andrew E Kudera, Christopher E Watson, Edward J Noonan, Jean-Marie Nessi, Jeffrey W Greenberg, Kean Driscoll, Lixin Zeng, Matthew J Grayson, Michael EA Carpenter, Patrick Boisvert, Peter Anthony Bilsby, Robert F Kuzloski and Romel Salam. View Institutional Ownership Trends for Validus Holdings.
Who sold Validus Holdings stock? Who is selling Validus Holdings stock?
Validus Holdings' stock was sold by a variety of institutional investors in the last quarter, including Whittier Trust Co.. Company insiders that have sold Validus Holdings stock in the last year include Andrew E Kudera, Edward J Noonan, Jean-Marie Nessi, Jeffrey W Greenberg, Kean Driscoll, Lixin Zeng, Matthew J Grayson, Michael EA Carpenter, Patrick Boisvert, Peter Anthony Bilsby and Romel Salam. View Insider Buying and Selling for Validus Holdings.
Who bought Validus Holdings stock? Who is buying Validus Holdings stock?
Validus Holdings' stock was purchased by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan, Diamond Hill Capital Management Inc., Sit Investment Associates Inc., APG Asset Management N.V. and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for Validus Holdings.
How do I buy Validus Holdings stock?
Shares of Validus Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Validus Holdings' stock price today?
MarketBeat Community Rating for Validus Holdings (NYSE VR)MarketBeat's community ratings are surveys of what our community members think about Validus Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Validus Holdings stock can currently be purchased for approximately $51.88.
Consensus Ratings for Validus Holdings (NYSE:VR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.40)|
|Consensus Price Target: ||$55.40 (6.78% upside)|Consensus Price Target History for Validus Holdings (NYSE:VR)
Analysts' Ratings History for Validus Holdings (NYSE:VR)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||Barclays PLC||Lower Price Target||Equal Weight||$57.00 -> $53.00||N/A|
|10/12/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$51.00||N/A|
|9/11/2017||Buckingham Research||Initiated Coverage||Buy -> Buy||$52.00||Medium|
|4/28/2017||Deutsche Bank AG||Boost Price Target||Hold||$56.00 -> $59.00||Low|
|1/23/2017||JMP Securities||Boost Price Target||Outperform||$60.00 -> $62.00||N/A|
|6/28/2016||J P Morgan Chase & Co||Initiated Coverage||Overweight||$55.00||N/A|
|5/2/2016||Bank of America Corporation||Upgrade||Underperform -> Neutral||N/A|
Earnings History for Validus Holdings (NYSE:VR)Earnings History by Quarter for Validus Holdings (NYSE VR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||6/30/2017||$0.99||$1.09||$922.84 million||$675.27 million||View||N/A|
|4/26/2017||3/31/2017||$1.17||$0.95||$1.03 billion||$990.80 million||View||N/A|
|2/2/2017||Q416||$0.74||$0.80||$301.35 million||$298.82 million||View||Listen|
|10/27/2016||Q316||$0.81||$1.02||$593.74 million||$327.40 million||View||Listen|
|7/26/2016||Q216||$0.75||$0.66||$576.08 million||$574.47 million||View||Listen|
|4/29/2016||Q116||$1.21||$1.39||$560.34 million||$1.00 billion||View||Listen|
|1/28/2016||Q415||$1.22||$1.24||$611.00 million||$575.88 million||View||Listen|
|10/29/2015||Q315||$0.78||$0.86||$574.12 million||$353.25 million||View||Listen|
|7/28/2015||Q215||$1.16||$1.13||$570.06 million||$672.07 million||View||Listen|
|4/30/2015||Q115||$1.39||$1.52||$594.50 million||$613.61 million||View||Listen|
|1/29/2015||Q414||$1.22||$1.38||$550.83 million||$303.02 million||View||Listen|
|10/30/2014||Q314||$1.15||$0.82||$499.30 million||$328.80 million||View||Listen|
|7/24/2014||Q214||$1.46||$1.39||$495.64 million||$605.10 million||View||Listen|
|4/24/2014||Q114||$1.51||$1.66||$529.61 million||$520.15 million||View||Listen|
|10/25/2013||Q313||$0.82||$1.50||$542.46 million||$317.35 million||View||Listen|
|7/25/2013||Q2 2013||$0.88||$1.03||$539.66 million||$580.90 million||View||Listen|
|4/25/2013||Q1 2013||$1.40||$1.83||$857.20 million||View||Listen|
|1/31/2013||Q4 2012||($1.69)||($1.05)||$478.02 million||View||Listen|
Earnings Estimates for Validus Holdings (NYSE:VR)
2017 EPS Consensus Estimate: $3.73
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Validus Holdings (NYSE:VR)
|Most Recent Dividend:||9/29/2017|
|Dividend Growth:||5.30% (3 Year Average)|
|Payout Ratio:||41.87% (Trailing 12 Months of Earnings) |
506.67% (Based on This Year's Estimates)
37.53% (Based on Next Year's Estimates)
|Track Record:||2 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Validus Holdings (NYSE VR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Validus Holdings (NYSE:VR)
Insider Ownership Percentage: 2.33%Insider Trades by Quarter for Validus Holdings (NYSE:VR)
Institutional Ownership Percentage: 93.51%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/16/2017||Matthew J Grayson||Director||Sell||10,000||$53.09||$530,900.00|| |
|6/15/2017||Matthew J Grayson||Director||Sell||30,000||$52.67||$1,580,100.00|| |
|6/13/2017||Matthew J Grayson||Director||Sell||10,000||$52.74||$527,400.00|| |
|6/2/2017||Patrick Boisvert||Insider||Sell||1,000||$53.40||$53,400.00|| |
|5/25/2017||Matthew J Grayson||Director||Sell||5,000||$53.50||$267,500.00|| |
|5/15/2017||Andrew E Kudera||EVP||Sell||10,000||$52.90||$529,000.00|| |
|5/15/2017||Kean Driscoll||President||Sell||4,151||$52.93||$219,712.43|| |
|5/8/2017||Matthew J Grayson||Director||Sell||3,000||$54.54||$163,620.00|| |
|4/17/2017||Kean Driscoll||CEO||Sell||4,151||$55.13||$228,844.63|| |
|3/22/2017||Peter Anthony Bilsby||CEO||Sell||1,500||$56.20||$84,300.00|| |
|3/15/2017||Kean Driscoll||CEO||Sell||4,151||$56.85||$235,984.35|| |
|3/7/2017||Matthew J Grayson||Director||Sell||637||$57.60||$36,691.20|| |
|2/15/2017||Kean Driscoll||CEO||Sell||4,151||$57.58||$239,014.58|| |
|2/14/2017||Jeffrey W Greenberg||Director||Sell||203,196||$57.40||$11,663,450.40|| |
|2/13/2017||Jeffrey W Greenberg||Director||Sell||424,903||$57.34||$24,363,938.02|| |
|1/17/2017||Kean Driscoll||CEO||Sell||4,151||$56.72||$235,444.72|| |
|1/3/2017||Lixin Zeng||CEO||Sell||4,888||$54.81||$267,911.28|| |
|12/22/2016||Matthew J Grayson||Director||Sell||5,000||$55.20||$276,000.00|| |
|12/15/2016||Kean Driscoll||CEO||Sell||4,151||$53.43||$221,787.93|| |
|12/12/2016||Edward J Noonan||Chairman||Sell||273,000||$55.40||$15,124,200.00|| |
|12/8/2016||Matthew J Grayson||Director||Sell||10,000||$56.05||$560,500.00|| |
|12/7/2016||Michael E.A. Carpenter||Director||Sell||14,031||$55.39||$777,177.09|| |
|11/25/2016||Jean-Marie Nessi||Director||Sell||4,883||$54.93||$268,223.19|| |
|11/15/2016||Kean Driscoll||CEO||Sell||4,151||$53.21||$220,874.71|| |
|11/3/2016||Romel Salam||EVP||Sell||12,481||$51.32||$640,524.92|| |
|10/17/2016||Kean Driscoll||CEO||Sell||4,151||$51.72||$214,689.72|| |
|9/20/2016||Michael E.A. Carpenter||Director||Sell||9,300||$49.60||$461,280.00|| |
|9/16/2016||Jeffrey W Greenberg||Director||Sell||54,872||$49.47||$2,714,517.84|| |
|6/6/2016||Patrick Boisvert||CAO||Sell||1,500||$48.00||$72,000.00|| |
|6/2/2016||Lixin Zeng||CEO||Sell||4,887||$48.36||$236,335.32|| |
|5/4/2016||Andrew E Kudera||EVP||Sell||10,000||$46.72||$467,200.00|| |
|4/7/2016||Christopher E Watson||Director||Sell||381||$46.41||$17,682.21|| |
|3/23/2016||Michael E.A. Carpenter||Director||Sell||3,118||$46.83||$146,015.94|| |
|3/3/2016||Christopher E Watson||Director||Sell||381||$45.58||$17,365.98|| |
|2/17/2016||Matthew J Grayson||Director||Sell||5,250||$44.85||$235,462.50|| |
|2/16/2016||Kean Driscoll||CEO||Sell||2,441||$44.58||$108,819.78|| |
|2/4/2016||Christopher E. Watson||Director||Sell||381||$43.97||$16,752.57|| |
|2/1/2016||Lixin Zeng||CEO||Sell||22,116||$44.07||$974,652.12|| |
|2/1/2016||Matthew J Grayson||Director||Sell||2,500||$44.74||$111,850.00|| |
|1/15/2016||Kean Driscoll||CEO||Sell||2,441||$44.11||$107,672.51|| |
|1/7/2016||Christopher E. Watson||Director||Sell||381||$45.51||$17,339.31|| |
|12/31/2015||Christopher E. Watson||Director||Sell||234||$46.74||$10,937.16|| |
|12/29/2015||Christopher E. Watson||Director||Sell||234||$46.75||$10,939.50|| |
|12/28/2015||Jeffrey W. Greenberg||Director||Sell||193||$46.56||$8,986.08|| |
|12/23/2015||Matthew J. Grayson||Director||Sell||60,021||$46.43||$2,786,775.03|| |
|12/18/2015||Robert F Kuzloski||EVP||Sell||18,260||$45.98||$839,594.80|| |
|12/15/2015||Kean Driscoll||CEO||Sell||2,441||$46.17||$112,700.97|| |
|11/16/2015||Kean Driscoll||CEO||Sell||2,441||$44.59||$108,844.19|| |
|10/15/2015||Kean Driscoll||CEO||Sell||2,441||$43.42||$105,988.22|| |
|9/15/2015||Kean Driscoll||CEO||Sell||2,441||$44.27||$108,063.07|| |
|8/17/2015||Kean Driscoll||CEO||Sell||2,441||$46.51||$113,530.91|| |
|7/15/2015||Kean Driscoll||CEO||Sell||2,441||$44.64||$108,966.24|| |
|6/15/2015||Kean Driscoll||CEO||Sell||2,441||$43.45||$106,061.45|| |
|5/19/2015||Michael E.A. Carpenter||Director||Sell||5,596||$42.72||$239,061.12|| |
|4/15/2015||Kean Driscoll||CEO||Sell||3,274||$43.11||$141,142.14|| |
|3/20/2015||Michael E.A. Carpenter||Director||Sell||7,407||$41.82||$309,760.74|| |
|2/23/2015||Joseph E Consolino||Director||Sell||51,101||$41.64||$2,127,845.64|| |
|2/19/2015||Jeffrey W Greenberg||Director||Sell||27,011||$42.11||$1,137,433.21|| |
|2/17/2015||Jeffrey W Greenberg||Director||Sell||141,322||$42.15||$5,956,722.30|| |
|2/17/2015||Kean Driscoll||CEO||Sell||3,276||$41.98||$137,526.48|| |
|2/12/2015||Jeffrey W Greenberg||Director||Sell||67,872||$42.19||$2,863,519.68|| |
|1/15/2015||Kean Driscoll||CEO||Sell||3,276||$39.00||$127,764.00|| |
|12/23/2014||Jeffrey W Greenberg||Director||Sell||447,793||$41.16||$18,431,159.88|| |
|12/18/2014||Robert F Kuzloski||EVP||Sell||29,208||$40.67||$1,187,889.36|| |
|12/15/2014||Kean Driscoll||CEO||Sell||3,276||$40.81||$133,693.56|| |
|12/9/2014||Jeffrey W Greenberg||Director||Sell||387,707||$42.18||$16,353,481.26|| |
|12/8/2014||Jeffrey W Greenberg||Director||Sell||335,443||$42.20||$14,155,694.60|| |
|11/17/2014||Kean Driscoll||CEO||Sell||3,276||$40.12||$131,433.12|| |
|11/14/2014||Jeffrey W Greenberg||Director||Sell||1,075,000||$39.97||$42,967,750.00|| |
|11/5/2014||Jeffrey W Greenberg||Director||Sell||825,000||$39.55||$32,628,750.00|| |
|11/4/2014||Jeffrey W Greenberg||Director||Sell||350,000||$39.53||$13,835,500.00|| |
|11/3/2014||Jeffrey W Greenberg||Director||Sell||400,000||$39.52||$15,808,000.00|| |
|9/15/2014||Kean Driscoll||CEO||Sell||3,276||$38.76||$126,977.76|| |
|8/15/2014||Kean Driscoll||CEO||Sell||3,276||$38.53||$126,224.28|| |
|8/5/2014||Andrew E Kudera||EVP||Sell||6,500||$36.52||$237,380.00|| |
|7/15/2014||Kean Driscoll||CEO||Sell||3,276||$38.82||$127,174.32|| |
|6/16/2014||Kean Driscoll||CEO||Sell||3,276||$37.10||$121,539.60|| |
|3/3/2014||Kean Driscoll||CEO||Sell||10,953||$36.63||$401,208.39|| |
|2/3/2014||Kean Driscoll||CEO||Sell||10,953||$35.51||$388,941.03|| |
|1/2/2014||Kean Driscoll||CEO||Sell||10,953||$39.08||$428,043.24|| |
|12/6/2013||Lixin Zeng||CEO||Sell||6,492||$40.21||$261,043.32|| |
|12/4/2013||Michael E.A. Carpenter||Director||Sell||4,000||$40.05||$160,200.00|| |
|12/2/2013||Kean Driscoll||CEO||Sell||10,953||$40.16||$439,872.48|| |
|11/1/2013||Kean Driscoll||CEO||Sell||10,952||$39.40||$431,508.80|| |
|10/1/2013||Kean Driscoll||CEO||Sell||10,953||$37.18||$407,232.54|| |
|9/9/2013||John J Hendrickson||Director||Buy||7,000||$35.22||$246,540.00|| |
|9/3/2013||Kean Driscoll||CEO||Sell||10,953||$34.77||$380,835.81|| |
|7/31/2013||Romel Salam||EVP||Sell||7,907||$35.63||$281,726.41|| |
|7/1/2013||Kean Driscoll||CEO||Sell||10,953||$35.90||$393,212.70|| |
|6/21/2013||Alok Singh||Director||Buy||7,500||$33.62||$252,150.00|| |
|5/1/2013||Kean Driscoll||CEO||Sell||10,953||$38.71||$423,990.63|| |
|2/28/2013||John J Hendrickson||Director||Buy||14,000||$35.65||$499,100.00|| |
|2/13/2013||Matthew J Grayson||Director||Buy||5,000||$37.00||$185,000.00|| |
Headline Trends for Validus Holdings (NYSE:VR)
Latest Headlines for Validus Holdings (NYSE:VR)
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Validus Holdings (VR) Chart for Monday, October, 23, 2017