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NYSE:AJG

Arthur J. Gallagher & Co. (AJG) Stock Price, News & Analysis

$299.08
+1.69 (+0.57%)
(As of 03:37 PM ET)
Today's Range
$298.66
$301.04
50-Day Range
$263.96
$298.81
52-Week Range
$218.63
$301.04
Volume
265,939 shs
Average Volume
816,425 shs
Market Capitalization
$65.35 billion
P/E Ratio
60.54
Dividend Yield
0.80%
Price Target
$276.82

Arthur J. Gallagher & Co. MarketRank™ Stock Analysis

Analyst Rating
Hold
2.19 Rating Score
Upside/​Downside
7.7% Downside
$276.82 Price Target
Short Interest
Healthy
1.23% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
0.88mentions of Arthur J. Gallagher & Co. in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$15.45 M Sold Last Quarter
Proj. Earnings Growth
12.01%
From $10.16 to $11.38 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.38 out of 5 stars

Finance Sector

162nd out of 878 stocks

Insurance Agents, Brokers, & Service Industry

2nd out of 19 stocks

AJG stock logo

About Arthur J. Gallagher & Co. Stock (NYSE:AJG)

Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. It operates in Brokerage and Risk Management segments. The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises. This segment performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers services in the areas of insurance and reinsurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent brokers and consultants. It serves commercial, industrial, public, religious, and nonprofit entities, as well as underwriting enterprises. Arthur J. Gallagher & Co. was founded in 1927 and is headquartered in Rolling Meadows, Illinois.

AJG Stock Price History

AJG Stock News Headlines

Arthur J. Gallagher & Co. (NYSE:AJG) President Sells $2,103,020.00 in Stock
My big AI project…
On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016.
My big AI project…
On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016.
10 Safe Stocks to Buy According to Billionaire Chilton
See More Headlines
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Company Calendar

Ex-Dividend for 6/21 Dividend
6/07/2024
Dividend Payable
6/21/2024
Last Earnings
7/25/2024
Ex-Dividend for 9/20 Dividend
9/06/2024
Today
9/16/2024
Dividend Payable
9/20/2024
Next Earnings (Estimated)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Insurance agents, brokers, & service
Sub-Industry
Insurance Brokers
CUSIP
36357610
Employees
52,000
Year Founded
1927

Price Target and Rating

Average Stock Price Target
$276.82
High Stock Price Target
$310.00
Low Stock Price Target
$252.00
Potential Upside/Downside
-7.7%
Consensus Rating
Hold
Rating Score (0-4)
2.19
Research Coverage
16 Analysts

Profitability

Net Income
$969.50 million
Pretax Margin
12.96%

Debt

Sales & Book Value

Annual Sales
$10.96 billion
Cash Flow
$12.35 per share
Book Value
$50.09 per share

Miscellaneous

Free Float
215,004,000
Market Cap
$65.56 billion
Optionable
Optionable
Beta
0.72

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Should I Buy Arthur J. Gallagher & Co. Stock? AJG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Arthur J. Gallagher & Co.:

  • Arthur J. Gallagher & Co. has a market capitalization of $64.57 billion, indicating a strong presence in the financial services sector.
  • The company's stock price has shown resilience, with a 52-week high of $298.24, suggesting potential for growth.
  • Arthur J. Gallagher & Co. has a current ratio of 1.04, reflecting good liquidity to meet short-term obligations.
  • The company's price-to-earnings ratio of 59.82 may indicate growth potential and investor confidence in future earnings.
  • Recent analyst reports have provided positive outlooks on the stock, with several firms upgrading their price targets, signaling confidence in the company's performance.

Cons

Investors should be bearish about investing in Arthur J. Gallagher & Co. for these reasons:

  • Arthur J. Gallagher & Co. has a beta of 0.72, indicating lower volatility compared to the market, potentially limiting short-term gains.
  • The company's price-to-earnings-growth ratio of 2.46 may suggest that the stock is currently overvalued relative to its growth prospects.
  • Insider selling activity, with notable executives like President Thomas Joseph Gallagher and VP Scott R. Hudson selling significant amounts of shares, could raise concerns about future performance.
  • Despite positive analyst ratings, the stock has received sell ratings from some analysts, indicating differing opinions on the company's outlook.
  • Arthur J. Gallagher & Co. has a debt-to-equity ratio of 0.67, which may raise concerns about the company's leverage and financial stability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these Arthur J. Gallagher & Co. pros and cons to contact@marketbeat.com.

AJG Stock Analysis - Frequently Asked Questions

How have AJG shares performed this year?

Arthur J. Gallagher & Co.'s stock was trading at $224.88 at the beginning of the year. Since then, AJG shares have increased by 33.3% and is now trading at $299.76.
View the best growth stocks for 2024 here
.

How were Arthur J. Gallagher & Co.'s earnings last quarter?

Arthur J. Gallagher & Co. (NYSE:AJG) issued its quarterly earnings results on Thursday, July, 25th. The financial services provider reported $2.26 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.02. The business's quarterly revenue was up 14.3% on a year-over-year basis.
Read the conference call transcript
.

Does Arthur J. Gallagher & Co. have any subsidiaries?

The following companies are subsidiaries of Arthur J. Gallagher & Co.: Optimum Talent, LSG Insurance Partners, The Human Capital Group, Gillis Ellis & Baker Inc., BluePeak Advisors, P2 Group, Cairnstone Financial, and others.

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

Top institutional investors of Arthur J. Gallagher & Co. include Massachusetts Financial Services Co. MA (1.29%), Baillie Gifford & Co. (1.14%), Legal & General Group Plc (0.75%) and Brown Brothers Harriman & Co. (0.67%). Insiders that own company stock include Thomas Joseph Gallagher, Scott R Hudson, Douglas K Howell, William L Bax, David S Johnson, Richard C Cary, William F Ziebell, Patrick Murphy Gallagher, Michael Robert Pesch, Walter D Bay, Kay W Mccurdy, Sherry S Barrat, Christopher E Mead, Joel D Cavaness, Susan E Pietrucha and J Patrick Gallagher Jr.
View institutional ownership trends
.

How do I buy shares of Arthur J. Gallagher & Co.?

Shares of AJG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Arthur J. Gallagher & Co. own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Arthur J. Gallagher & Co. investors own include AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Johnson & Johnson (JNJ), Pfizer (PFE), Walmart (WMT) and JPMorgan Chase & Co. (JPM).

This page (NYSE:AJG) was last updated on 9/16/2024 by MarketBeat.com Staff

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