After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Arthur J. Gallagher & Co. (AJG) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $189.03. The Arthur J. Gallagher & Co. has recorded 29,307 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Arthur J. Gallagher & Co. to Host Regularly Scheduled Quarterly Investor Meeting with Management.
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Stocks Info
AJG belongs to the Financial sector of the NYSE while operating in the Insurance Brokers industry. At the end of the last regular session, the stock closed at $189.03 and fluctuated between $189.32 as its day high and $186.53 as its day low. The current market capitalization of Arthur J. Gallagher & Co. is $39.67B. A total of 0.9 million shares were traded on the day, compared to an average of 739.64K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, AJG has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 62,900 and the disposition of 35,085 shares. Over the last 12 months, there were 72 BUYs and 74 SELLs from insiders. Insiders purchased 611,453 shares during that period but sold 465,440.
In the most recent transaction, McCurdy Kay W sold 182 shares of AJG for 196.59 per share on Feb 08. After the transaction, the Director now owns 31,091 company shares. In a previous transaction on Dec 01, McCurdy Kay W sold 750 shares at 199.00 per share. AJG shares that Director owns now total 31,273.
Among the insiders who sold shares, HOWELL DOUGLAS K disposed of 4,700 shares on Nov 30 at a per-share price of $196.32. This resulted in the VP & Chief Financial Officer holding 88,123 shares of AJG after the transaction. In another insider transaction, BARRAT SHERRY S sold 505 shares at $198.59 per share on Nov 30. Company shares held by the Director now total 21,613.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Arthur J. Gallagher & Co. pays an annual dividend of $2.20, resulting in a dividend yield of 1.16%, and it has a price to earnings (P/E) ratio of 36.37. AJG’s most recent ex-dividend date was 3/2/2023 when it declared a $0.55 quarterly dividend that was paid in cash on 3/17/2023. Previously, the company paid the dividend on 12/16/2022 with an ex-dividend date of 12/1/2022. The AJG stock dividend was $0.51 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AJG in the last 3 months, the mean price target is $217.53 with high estimates of $233.00 and low estimates of $176.00. In terms of 52-week highs and lows, AJG has a high of $202.37 and a low of $148.24.
As of this writing, AJG has an earnings estimate of $3.02 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $3.14 per share and a lower estimate of $2.84. The company reported an EPS of $1.72 in the last quarter, which was 3.60% higher than expectations of $1.66.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 19 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AJG is Underweight with a score of 4.31. A total of 13 analysts rated the stock as Buy while 2 rated it as Overweight while 3 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.
