Arthur J. Gallagher & Co. (NYSE: AJG) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted Arthur J. Gallagher & Co. To Host Regularly Scheduled Quarterly Investor Meeting With Management.

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Stocks Info

Arthur J. Gallagher & Co. is listed on the NYSE in the Financial sector while operating in the Insurance Brokers industry. The current market capitalization of Arthur J. Gallagher & Co. is $54.57B. A total of 0.94 million shares were traded on the day, compared to an average of 956.66K shares.

In the most recent transaction, HOWELL DOUGLAS K sold 5,000 shares of AJG for 239.15 per share on Feb 15 ’24. After the transaction, the VP & Chief Financial Officer now owns 90,942 company shares. In a previous transaction on Feb 14 ’24, HOWELL DOUGLAS K sold 7,000 shares at 238.63 per share. AJG shares that VP & Chief Financial Officer owns now total 95,942.

Among the insiders who sold shares, Mead Christopher E disposed of 3,700 shares on Feb 14 ’24 at a per-share price of $237.59. This resulted in the VICE PRESIDENT holding 10,816 shares of AJG after the transaction. In another insider transaction, GALLAGHER THOMAS JOSEPH sold 12,309 shares at $237.65 per share on Feb 08 ’24. Company shares held by the VICE PRESIDENT now total 322,797.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Arthur J. Gallagher & Co. pays an annual dividend of $2.25, resulting in a dividend yield of 0.89%, and it has a price to earnings (P/E) ratio of 56.70. AJG’s most recent ex-dividend date was 2/29/2024 when it declared a $0.60 quarterly dividend that was paid in cash on 3/15/2024. Previously, the company paid the dividend on 12/15/2023 with an ex-dividend date of 11/30/2023. The AJG stock dividend was $0.55 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, AJG has a high of $254.00 and a low of $174.45.

As of this writing, AJG has an earnings estimate of $3.46 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $3.56 per share and a lower estimate of $3.41. The company reported an EPS of $2 in the last quarter, which was 2.60% higher than expectations of $1.95.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. AJG’s latest balance sheet shows that the firm has $402.60M in Cash & Short Term Investments as of fiscal 2021. There were $6.59B in debt and $16.73B in liabilities at the time. Its Book Value Per Share was $49.72, while its Total Shareholder’s Equity was $8.56B.

Analysts Opinion

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. Currently, 0 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 Buy with a score of 4.00.

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