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
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-63.28
Forward P/E Ratio16.43
P/E Growth1.83
Sales & Book Value
Annual Sales$2.80 billion
Price / Sales1.92
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
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 declared a quarterly dividend on Friday, May 4th. Stockholders of record on Tuesday, May 15th will be paid a dividend of $0.38 per share on Wednesday, May 30th. This represents a $1.52 annualized dividend and a dividend 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 consensus estimate of $1.09 by $0.56. The insurance provider had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.32 billion. Validus had a negative return on equity of 2.69% and a negative net margin of 5.06%. The company's quarterly revenue was up 46.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.95 EPS. View Validus' Earnings History.
When is Validus' next earnings date?
What price target have analysts set for VR?
6 brokerages have issued 1 year price targets for Validus' stock. Their forecasts range from $50.00 to $52.00. On average, they expect Validus' share price to reach $51.25 in the next twelve months. View Analyst Ratings for Validus.
Who are some of Validus' key competitors?
Some companies that are related to Validus include Hartford Financial Services Group (HIG), Ms&Ad Insurance Group (MSADY), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Loews (L), Markel (MKL), XL Group (XL), Cna Financial (CNA), Cincinnati Financial (CINF), Arch Capital Group (ACGL), American Financial Group (AFG), Everest Re Group (RE), W. R. Berkley (WRB), Alleghany (Y), Hanover Insurance Group (THG) and RenaissanceRe (RNR).
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 & Global Head of Reinsurance (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)
Has Validus been receiving favorable news coverage?
Media headlines about VR stock have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Validus earned a news impact score of 0.05 on Accern's scale. They also gave news headlines about the insurance provider an impact score of 46.66 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Validus' major shareholders?
Validus' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.45%), JPMorgan Chase & Co. (2.95%), Diamond Hill Capital Management Inc. (2.52%), Dimensional Fund Advisors LP (2.48%), Citadel Advisors LLC (2.42%) and Alpine Associates Management Inc. (2.18%). 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 Boston Partners, LSV Asset Management, FIL Ltd, Lord Abbett & CO. LLC, Wells Fargo & Company MN, Pzena Investment Management LLC, American Century Companies Inc. and Victory Capital Management Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Alpine Associates Management Inc., Water Island Capital LLC, Citigroup Inc., P Schoenfeld Asset Management LP, Allianz Asset Management GmbH, Allianz Asset Management GmbH and Vivaldi Asset Management LLC. 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 $67.71.
How big of a company is Validus?
Validus has a market capitalization of $5.38 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.
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 (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.
