Validus Holdings, Ltd. provides reinsurance coverage, insurance coverage, and insurance linked securities management services worldwide. It operates through three segments: Reinsurance, Insurance, and Asset Management. The Reinsurance segment underwrites property reinsurance products on a catastrophe excess of loss, per risk excess of loss and proportional basis; and aerospace and aviation, agriculture, composite, marine, technical lines, terrorism, trade credit, workers' compensation, and other specialty lines, as well as casualty and financial lines. The Insurance segment underwrites property, accident and health, agriculture, aviation, contingency, marine, and political lines insurance products; bankers blanket bond, commercial crime, computer crime, cyber- crime, professional indemnity, and directors' and officers' insurance products for various financial institutions and other companies; and commercial and institutional risks comprising general, professional, and product liability, as well as miscellaneous malpractice insurance products. This segment also underwrites marine and energy liability, and political risk insurance products, as well as insurance products for repair, maintenance, and upkeep of aircrafts and premises for small companies. The Asset Management segment manages capital for third parties through insurance-linked securities, and other property catastrophe and specialty reinsurance investments. Validus Holdings, Ltd. was founded in 2005 and is based in Pembroke, Bermuda.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryReinsurance
SectorFinance
SymbolNYSE:VR
CUSIPG9319H10
Phone441-278-9000
Debt
Debt-to-Equity Ratio0.54
Current Ratio0.97
Quick Ratio0.97
Price-To-Earnings
Trailing P/E Ratio-63.54
Forward P/E Ratio16.50
P/E Growth1.84
Sales & Book Value
Annual Sales$2.80 billion
Price / Sales1.93
Cash FlowN/A
Price / CashN/A
Book Value$42.92 per share
Price / Book1.58
Profitability
EPS (Most Recent Fiscal Year)($1.07)
Net Income$-47,620,000.00
Net Margins-5.06%
Return on Equity-2.69%
Return on Assets-0.70%
Miscellaneous
Employees1,264
Outstanding Shares79,330,000
Market Cap$5.39 billion
Validus (NYSE:VR) Frequently Asked Questions
What is Validus' stock symbol?
Validus trades on the New York Stock Exchange (NYSE) under the ticker symbol "VR."
How often does Validus pay dividends? What is the dividend yield for Validus?
Validus announced a quarterly dividend on Friday, May 4th. Investors of record on Tuesday, May 15th will be given a dividend of $0.38 per share on Wednesday, May 30th. This represents a $1.52 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date is Monday, May 14th. View Validus' Dividend History.
How were Validus' earnings last quarter?
Validus Holdings, Ltd. (NYSE:VR) announced its quarterly earnings data on Tuesday, May, 1st. The insurance provider reported $0.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.09 by $0.56. The insurance provider earned $1.46 billion during the quarter, compared to analyst estimates of $1.32 billion. Validus had a negative return on equity of 2.69% and a negative net margin of 5.06%. The business's revenue was up 46.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.95 earnings per share. View Validus' Earnings History.
What price target have analysts set for VR?
6 Wall Street analysts have issued 1 year price targets for Validus' shares. Their forecasts range from $50.00 to $52.00. On average, they expect Validus' share price to reach $51.00 in the next twelve months. This suggests that the stock has a possible downside of 25.0%. View Analyst Price Targets for Validus.
What is the consensus analysts' recommendation for Validus?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Validus in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Validus.
Who are some of Validus' key competitors?
Some companies that are related to Validus include Ms&Ad Insurance Group (MSADY), Hartford Financial Services Group (HIG), Markel (MKL), Loews (L), XL Group (XL), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Cna Financial (CNA), Cincinnati Financial (CINF), Arch Capital Group (ACGL), American Financial Group (AFG), Alleghany (Y), W. R. Berkley (WRB), Everest Re Group (RE), RenaissanceRe (RNR) and Kemper (KMPR).
Who are Validus' key executives?
Validus' management team includes the folowing people:
- Mr. Edward Joseph Noonan, Chairman & CEO (Age 59)
- Mr. Kean D. Driscoll, Pres (Age 44)
- Mr. Jeffrey Dean Sangster, Exec. VP & CFO (Age 46)
- Mr. Robert Francis Kuzloski, Exec. VP & Gen. Counsel (Age 54)
- Mr. John Joseph Hendrickson, Director of Strategy, Risk Management & Corp. Devel. and Director (Age 57)
Who are Validus' major shareholders?
Validus' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.17%), Alpine Associates Management Inc. (2.45%), Victory Capital Management Inc. (2.06%), Water Island Capital LLC (1.77%), Gardner Lewis Asset Management L P (1.63%) and Renaissance Technologies LLC (1.61%). Company insiders that own Validus stock 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 Institutional Ownership Trends for Validus.
Which institutional investors are selling Validus stock?
VR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Diamond Hill Capital Management Inc., LSV Asset Management, Bank of America Corp DE, Cowen Inc., Northern Trust Corp, Jennison Associates LLC and Wells Fargo & Company MN. Company insiders that have sold Validus company stock in the last year include Kean Driscoll, Lixin Zeng, Michael EA Carpenter and Peter Anthony Bilsby. View Insider Buying and Selling for Validus.
Which institutional investors are buying Validus stock?
VR stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Natixis, Water Island Capital LLC, Renaissance Technologies LLC, Advisors Asset Management Inc., LMR Partners LLP, Gabelli Funds LLC and GABELLI & Co INVESTMENT ADVISERS INC.. View Insider Buying and Selling for Validus.
How do I buy shares of Validus?
Shares of VR 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 Validus' stock price today?
One share of VR stock can currently be purchased for approximately $67.99.
How big of a company is Validus?
Validus has a market capitalization of $5.39 billion and generates $2.80 billion in revenue each year. The insurance provider earns $-47,620,000.00 in net income (profit) each year or ($1.07) on an earnings per share basis. Validus employs 1,264 workers across the globe.
What is Validus' official website?
How can I contact Validus?
Validus' mailing address is 29 RICHMOND ROAD, PEMBROKE D0, HM08. The insurance provider can be reached via phone at 441-278-9000 or via email at [email protected]
MarketBeat Community Rating for Validus (NYSE VR)
MarketBeat's community ratings are surveys of what our community members think about Validus and other stocks. Vote "Outperform" if you believe VR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VR will underperform the S&P 500 over the long term. You may vote once every thirty days.
