XL Group (NYSE:XL) will issue its quarterly earnings data after the market closes on Thursday, February 1st. Analysts expect the company to announce earnings of $0.97 per share for the quarter.
Shares of XL Group (NYSE:XL) opened at $36.61 on Tuesday. XL Group has a 12 month low of $33.77 and a 12 month high of $47.27. The firm has a market cap of $9,388.07, a PE ratio of -29.76, a PEG ratio of 1.12 and a beta of 1.00. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.28.
In other XL Group news, Director John Kcb Vereker sold 2,697 shares of the stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $36.59, for a total value of $98,683.23. Following the completion of the transaction, the director now directly owns 66,455 shares of the company’s stock, valued at $2,431,588.45. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 3.02% of the company’s stock.
A number of brokerages recently commented on XL. Zacks Investment Research downgraded shares of XL Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 13th. Barclays restated a “buy” rating and issued a $42.00 price objective on shares of XL Group in a research report on Tuesday, January 9th. Deutsche Bank downgraded shares of XL Group from a “hold” rating to a “sell” rating and reduced their price objective for the company from $42.00 to $37.00 in a research report on Friday, October 13th. Royal Bank of Canada restated a “buy” rating and issued a $46.00 price objective on shares of XL Group in a research report on Friday, December 8th. Finally, Bank of America reduced their price objective on shares of XL Group from $49.00 to $47.00 and set a “buy” rating for the company in a research report on Thursday, October 12th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $44.50.
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About XL Group
XL Group plc is an insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises. The Company operates through two segments: Insurance and Reinsurance. The Company’s Insurance segment is organized into four product divisions: Global Casualty (Casualty); Global Energy Property, & Construction (EPC); Global Professional (Professional), and Global Specialty (Specialty).
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