AJG

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Arthur J. Gallagher stock has delivered a 101.5% return over the past 5 years, yet its current checks send mixed valuation signals, with an intrinsic value estimate from the Excess Returns model pointing to a discount while market multiples lean the other way. A 101.5% 5 year return sets the bar higher for new investors, as a lot of the earlier upside has already played out in the share price. Ongoing acquisitions that expand Gallagher's brokerage and specialty insurance footprint can support expectations for future cash flows. However, integration and leverage pressures may limit how much value investors are willing to ascribe to that growth. With only 2 of 6 valuation checks screening as attractive, Arthur J. Gallagher does not screen as a clear bargain on the broader tests. This is the case even though the Excess Returns model suggests the stock trades about 20.1% below its intrinsic value and headline multiples point to an overvaluation. The issue now is whether Arthur J. Gallagher's current price already reflects this growth and acquisition story or still leaves enough upside relative to its intrinsic value estimate to appeal to new investors. Find out why Arthur J. Gallagher's -16.2% return over the last year is lagging behind its peers. The Excess Returns model estimates what Arthur J. Gallagher can earn above the required return on its equity base. For Gallagher, the inputs reflect a business generating returns on equity that sit above its assumed cost of equity, which is what gives the model its upside. The model uses a Book Value of $92.55 per share and a Stable EPS of $15.46 per share, against an estimated Cost of Equity of $7.63 per share and an Excess Return of $7.83 per share. With an Average Return on Equity of 14.41% and a Stable Book Value of $107.28 per share, this framework produces an intrinsic value estimate of $326.83 per share, implying the stock is 20.1% undervalued versus the current price. Because the recent $13.8b AssuredPartners acquisition and ongoing deal activity build on this equity base, the market may still be applying a discount while it weighs integration and leverage risks. On this Excess Returns view, Arthur J. Gallagher stock currently screens as undervalued relative to the earnings power implied by its equity bas...

ROLLING MEADOWS, Ill., July 9, 2026 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) will release its second quarter 2026 earnings after the market closes on Thursday, July 30, 2026. A printer-friendly format will be available on the company's website shortly thereafter. In conjunction with this release, J. Patrick Gallagher, Jr., Chairman and CEO, will host a conference call on Thursday, July 30, 2026 at 5:15 pm ET/4:15 pm CT. The conference call will be broadcast live through Gallagher's website at www.ajg.com and a conference call replay will be available on the company's website approximately two hours after the broadcast. The replay can be accessed by going to Investor Relations and clicking on Events & Presentations. Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants. Contact:Sara Walsh, CFA(630) 285-3593 - [email protected] View original content:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-announces-second-quarter-2026-earnings-release-and-conference-call-date-302822096.html

Rolling Meadows, Illinois-based Arthur J. Gallagher & Co. (AJG) provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. The company has a market capitalization of $65.4 billion and operates through Brokerage and Risk Management segments. AJG is expected to release its Q2 2026 earnings soon. Ahead of the event, analysts expect the company’s EPS to be $2.86 on a diluted basis, up 22.8% from $2.33 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in only one of its last four quarters, while missing on three occasions. Nasdaq Futures Plunge as Samsung Sparks Chip Selloff AbbVie vs Eli Lilly: 1 Is Clearly the Better Dividend Stock to Buy and Hold for the Next 10 Years The Nasdaq-100 Could Be Forming a Textbook Diamond Top. Here's What to Watch on the QQQ Chart Now. Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2026, analysts project the company’s EPS to be $13.23, up 23.8% from $10.69 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 11.9% year over year (YoY) to $14.80 in fiscal 2027. AJG stock has declined 19.4% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 20.5% rise and the State Street Financial Select Sector SPDR ETF’s (XLF) 6.4% rise during the same time frame. On June 23, AJG stock climbed 3.2% following the company’s acquisition of Cincinnati Benefit Solutions, LLC. The acquired company provides employee benefits services for small businesses in Cincinnati and nearby areas and is based in Ohio. This acquisition expands AJG’s small-group benefits consulting capabilities in Ohio and its nearby regions. Analysts are highly bullish on AJG, with the stock having a “Strong Buy” rating overall. Among the 24 analysts covering the stock, 17 recommend a “Strong Buy,” one recommends a “Moderate Buy,” and six recommend a “Hold.” AJG’s average analyst price target is $269.05, indicating an upside of 5.6% from the current levels. On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article w...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Arthur J. Gallagher (AJG). This company, which is in the Zacks Insurance - Brokerage industry, shows potential for another earnings beat. When looking at the last two reports, this insurance and risk-management company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 1.43%, on average, in the last two quarters. For the most recent quarter, Arthur J. Gallagher was expected to post earnings of $4.4 per share, but it reported $4.47 per share instead, representing a surprise of 1.59%. For the previous quarter, the consensus estimate was $2.35 per share, while it actually produced $2.38 per share, a surprise of 1.28%. For Arthur J. Gallagher, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Arthur J. Gallagher currently has an Earnings ESP of +0.17%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss. Many compani...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Arthur J. Gallagher (AJG) is back in the spotlight after recent updates highlighted improved earnings supported by organic growth in brokerage commissions, supplemental revenues, and a series of acquisitions in a normalizing insurance pricing backdrop. See our latest analysis for Arthur J. Gallagher. At a recent share price of $217.05, Arthur J. Gallagher has seen short term momentum pick up, with a 9.14% 1 month share price return, even as the year to date share price return is down 15.21% and the 1 year total shareholder return is down 30.19%. This is set against a still positive 5 year total shareholder return of 58.23% that reflects a longer record of value creation for investors. If recent insurance sector moves have your attention, it can be useful to widen the lens and review other companies through the 20 top founder-led companies So, with earnings support, acquisition-led growth, and a recent share price that is still down sharply over 1 year despite a solid 5-year record, is Arthur J. Gallagher now a genuine opportunity, or is the market already pricing in its future growth? At a last close of $217.05, the most followed narrative puts Arthur J. Gallagher’s fair value at $265.79, implying meaningful upside if those assumptions play out. Read the complete narrative. Want to see what that efficiency story looks like in numbers? The narrative ties revenue growth, margin expansion, and a rich earnings multiple into one cohesive valuation case. Result: Fair Value of $265.79 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, you still need to factor in risks such as a sharper drop in property insurance pricing or slower acquisition execution, which could pressure revenue, margins, and valuations. Wall Street's queuing for one rocket. While SpaceX counts down to its IPO, other companies tied to the new space race are already in orbit. → 20 Compelling Space Companies watchlist · Global Space Race Investing Ideas screener · Scan the sector by valuation on Rocket Lab's valuation page. The DCF driven fair value narrative presents Arthur J. Gallagher as undervalued. However, the P/E ratio of 34.6x tells a very different story when compared with the US Insurance industry at 10.7x, peers at 17.7x, and a f...

ROLLING MEADOWS, Ill., June 3, 2026 /PRNewswire/ -- Arthur J. Gallagher & Co. will be hosting its regularly scheduled quarterly management meeting on Wednesday, June 17, from 8:00 a.m. until approximately 10:30 a.m. CT. This quarter's meeting will take place virtually via conference call. During the call, the company's operating and financial leaders will present background information and commentary on the company's business operations and financial outlook, and will take questions from the investment community. The conference call will be broadcast live through Gallagher's website at www.ajg.com/irmeeting, and a conference call replay will be available at the same link through June 24, 2026. Any information distributed in conjunction with this meeting will be available on June 17 at 7:45 a.m. CT at https://www.ajg.com/June17materials. Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants. Contact:Sara Walsh(630) 285-3593/ [email protected] View original content:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-to-host-regularly-scheduled-quarterly-investor-meeting-with-management-302790604.html

Wrapping up Q1 earnings, we look at the numbers and key takeaways for the insurance brokers stocks, including Arthur J. Gallagher (NYSE:AJG) and its peers. The insurance brokerage industry, while influenced by insurance pricing cycles, benefits from durable secular tailwinds as rising risk complexity (climate, data privacy), regulatory scrutiny, and insurance pricing inflation. These increase demand for professional risk-management advice. Brokers operate models that rely on commissions and fees tied to premium volumes and growing contributions from recurring advisory, benefits, and compliance services. Scale is a key advantage, enabling better carrier access, stronger data and benchmarking, and efficient deployment of technology and compliance investments, which in turn supports ongoing industry consolidation. The headwinds are labor intensity and wage inflation for producers, regulatory complexity (this cuts both ways, as you can see), and execution risk when integrating new digital tools into legacy workflows. The 5 insurance brokers stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 1.7%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 6.4% since the latest earnings results. Founded in 1927 and operating in approximately 130 countries through direct operations and correspondent networks, Arthur J. Gallagher (NYSE:AJG) provides insurance brokerage, reinsurance, consulting, and third-party claims settlement services to businesses and individuals worldwide. Arthur J. Gallagher reported revenues of $4.75 billion, up 27.7% year on year. This print was in line with analysts’ expectations, but overall, it was a mixed quarter for the company with a narrow beat of analysts’ EPS estimates but revenue in line with analysts’ estimates. "We had a terrific first quarter!" said J. Patrick Gallagher, Jr., Chairman and CEO. Arthur J. Gallagher delivered the weakest performance against analyst estimates of the whole group. Unsurprisingly, the stock is down 1.3% since reporting and currently trades at $203.65. Is now the time to buy Arthur J. Gallagher? Access our full analysis of the earnings results here, it’s free. Founded in 2010 by insurance industry veteran Patrick Ryan, Ryan Specialty (NYSE:RYAN) is a wholesale insurance broker and underwriting manager that helps...

Reinsurance Group of America, Incorporated RGA reported first-quarter 2026 adjusted operating earnings of $6.97 per share, which beat the Zacks Consensus Estimate by 12.6%. The bottom line rose 21.9% from the year-ago quarter. RGA's operating revenues of $6.7 billion beat the Zacks Consensus Estimate by 3.7%. The top line improved 19.9% year over year on higher net investment income, net premiums and other revenues. RGA reported strong first-quarter results, driven by solid growth in Financial Solutions businesses across the United States, EMEA and the Asia/Pacific, along with higher investment income and premium growth. However, higher expenses and weakness in the United States and Latin America Traditional segment partially offset the strong performance. Reinsurance Group of America, Incorporated price-consensus-eps-surprise-chart | Reinsurance Group of America, Incorporated Quote Net premiums of $4.6 billion increased 14.3% year over year and beat the Zacks Consensus Estimates by 2.4%. Investment income improved 19.3% from the prior-year quarter to $1.7 billion and beat the Zacks Consensus Estimates by 7.4%. The increase was driven by a larger average invested asset base and higher earned yields. The average investment yield increased to 4.93% from 4.64% in the prior-year period, driven by higher variable investment income. Total benefits and expenses increased 23.8% year over year to $6.1 billion on higher claims and other policy benefits, interest credited, policy acquisition costs and other insurance expenses, other operating expenses, and Interest credited. U.S. and Latin America: Total pre-tax adjusted operating income was $256 million, which increased 23.7% year over year. The Traditional segment reported a pre-tax adjusted operating income of $138 million, which decreased 1.4% year over year. Net premiums increased 0.6% from the year-ago quarter to $1.9 billion. The Financial Solutions segment’s pre-tax adjusted operating income increased 76% to $118 million. Canada: Total pre-tax adjusted operating income rose 11.6% year over year to $48 million. The Traditional segment delivered a 18.7% year-over-year increase in pre-tax adjusted operating income to $48 million. Net premiums grew 6.3% to $339 million, benefiting from a $2 million favorable impact from foreign currency exchange rates during the quarter. The Financial Solutions segment’s pre-tax ad...

Voya Financial, Inc. VOYA reported first-quarter 2026 adjusted operating earnings of $2.26 per share, which beat the Zacks Consensus Estimate by 11.8%. The bottom line increased 13% year over year. The increase was driven by higher earnings across all segments, led by strong Employee Benefits and Investment Management performance and improved investment income. However, higher corporate expenses and relatively muted growth in the Retirement segment weighed on overall profitability Adjusted operating revenues amounted to $2 billion, which increased 3.1% year over year. Voya Financial, Inc. price-consensus-eps-surprise-chart | Voya Financial, Inc. Quote Net investment income increased 1.6% year over year to $569 million. Meanwhile, fee income of $604 million increased 6% year over year. Premiums totaled $744 million, up 1% from the year-ago quarter. Total benefits and expenses were $1.8 billion, up 0.3% from the year-ago quarter. As of March 31, 2026, VOYA’s assets under management, and assets under administration and advisement totaled $1.1 trillion. Retirement recorded pre-tax adjusted operating earnings of $209 million, which grew slightly from $207 million in the year-ago quarter. The increase was driven by higher assets, contributions from the OneAmerica acquisition and favorable capital market performance Total client assets as of March 31, 2026, were $780 billion, up 12% year over year. Employee Benefits reported a pre-tax adjusted operating earnings of $63 million, which increased 37% year over year. The improvement was driven by higher net underwriting and increased fee-based revenues. Annualized in-force premiums and fees were $3.6 billion, relatively consistent year over year. Investment Management posted pre-tax adjusted operating earnings, excluding noncontrolling interest, of $46 million, which increased 12% year over year. The increase was primarily driven by higher fee-based revenues, benefiting from strong business momentum and positive capital markets. Investment Management generated net inflows of $65 million (excluding divested businesses) during the quarter Corporate incurred pre-tax adjusted operating losses, excluding noncontrolling interest, of $61 million, slightly narrower than the loss of $62 million incurred in the year-ago quarter. Voya Financial exited the quarter with cash and cash equivalents of $969 million, which decreased 21....

Arthur J. Gallagher & Co. AJG reported first-quarter 2026 adjusted net earnings of $4.47 per share, which beat the Zacks Consensus Estimate by 1.6%. The bottom line increased 21.8% on a year-over-year basis. Arthur J. Gallagher’s performance was driven by margin expansion in the Risk Management segment, higher commissions, fees, supplemental revenues, and improved EBITDAC. Total revenues of $4.7 billion beat the Zacks Consensus Estimate by 1.4%. The top line also improved 28.1% year over year, driven by higher commissions, fees, supplemental revenues, and contingent revenues. Arthur J. Gallagher & Co. price-consensus-eps-surprise-chart | Arthur J. Gallagher & Co. Quote While commissions rose 38.9% year over year to $3.1 billion, fees increased 27.7% year over year to $792 million. Arthur J. Gallagher’s total expenses increased 30.2% year over year to $3.7 billion in the reported quarter due to higher compensation, operating, reimbursements, depreciation and amortization. Earnings before interest, tax, depreciation, and amortization and change in estimated acquisition earnout payables (EBITDAC) grew 19.7% from the prior-year quarter to $1.6 billion. Brokerage: Revenues of $4.3 billion increased 29.5% year over year on higher commissions, fees, supplemental revenues, and contingent revenues. Expenses increased 38.4% from the year-ago quarter to $3.1 billion due to higher compensation, operating, depreciation and amortization. Adjusted EBITDAC climbed 15.6% from the year-ago level to $1.6 billion. EBITDAC margin contracted 320 basis points year over year to 40.1%. Risk Management: Revenues were up 13.8% year over year to $470 million, owing to higher fees. Expenses rose 12.6% from the prior-year period to $402 million on higher compensation, operating, reimbursements, and amortization. Adjusted EBITDAC improved 19.4% year over year to $86 million. Margin expanded 30 bps to 21.7%. Corporate: EBITDAC was a negative $91 million compared with a negative $122 million in the year-ago quarter. As of March 31, 2026, total assets were $78.3 billion, up 10.3% from the 2025-end level. At the end of the quarter, cash and cash equivalents of $1.4 billion rose 1.2% from the 2025-end level. As of March 31, 2026, shareholders’ equity rose 1.9% to $23.3 billion from the level on Dec. 31, 2025. The board of directors declared a quarterly cash dividend of 70 cents per share. The...

Arthur J. Gallagher & Co. recently reported first-quarter 2026 results showing revenue of US$4.76 billion and net income of US$822 million, alongside diluted EPS from continuing operations of US$3.16, and affirmed a quarterly dividend of US$0.70 per share payable on June 19, 2026. The quarter’s performance was underpinned by a mix of organic growth and multiple tuck-in acquisitions across brokerage and risk management, underscoring how the firm’s acquisition pipeline and integration capabilities are contributing meaningfully to earnings. We’ll now examine how this acquisition-fueled earnings growth shapes Arthur J. Gallagher’s investment narrative and its prospects for sustained profitability. Capitalize on the AI infrastructure supercycle with our selection of the 37 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. To own Arthur J. Gallagher, you need to be comfortable with a broker that leans heavily on acquisitions to complement steady, fee-based insurance and risk advisory revenue. The Q1 2026 results, with higher revenue and earnings, support the view that dealmaking and integration are working, while also highlighting the key short term swing factor: whether acquisition-driven earnings can offset softer property pricing. The biggest current risk remains an overreliance on M&A if integration or regulatory hurdles slow that earnings contribution. The reaffirmed quarterly dividend of US$0.70 per share is particularly relevant here, as it signals confidence in cash generation even as Gallagher funds an extensive acquisition program. For investors focused on the M&A-led earnings story, this payout decision sits alongside Q1’s nine tuck in deals and US$60 million of annualized acquired revenue as part of the same capital allocation picture, tying near term income directly to the longer term growth thesis. But while earnings are growing, investors should also be aware that a sustained buyer’s market in property pricing could... Read the full narrative on Arthur J. Gallagher (it's free!) Arthur J. Gallagher's narrative projects $20.5 billion revenue and $3.1 billion earnings by 2029. This requires 13.5% yearly revenue growth and about a $1.5 billion earnings increase from $1.6 billion today. Uncover how Arthur J. Gallagher's forecasts yield a $269.63 fair value, a 30% upside to its current price. The most o...

This article first appeared on GuruFocus. Total Revenue Growth: 28% in the first quarter, with organic growth at 5% and M&A contributing 23%. Brokerage Revenue Growth: 30%, with organic growth at 5%. Risk Management Revenue Growth: 14%, with organic growth at 10%. Net Earnings Growth: 12% for combined Brokerage and Risk Management segments. Adjusted EBITA Growth: 18% for combined Brokerage and Risk Management segments. Brokerage Organic Growth: 5%, with supplementals and contingents up nearly 10%. Risk Management Organic Growth: 10%, with M&A adding 2.5 points. Adjusted Revenue, EBITDAC, and EPS: All up 30%. Share Repurchase: Approximately 1.4 million shares for $310 million in the first quarter. Underlying Margin Expansion: 50 basis points in the first quarter. M&A Activity: Nine new tuck-in mergers completed, representing around $60 million of estimated annualized revenue. Cash Taxes Paid: Expected to be around 10% of EBITDAC for the foreseeable future. Warning! GuruFocus has detected 5 Warning Signs with AJG. Is AJG fairly valued? Test your thesis with our free DCF calculator. Release Date: April 30, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Arthur J. Gallagher & Co (NYSE:AJG) reported a strong first quarter with a 28% revenue growth, driven by 5% organic growth and 23% from mergers and acquisitions. The Brokerage segment saw a 30% increase in revenues, with strong growth across retail PC, wholesale, reinsurance, and benefits. The Risk Management segment, Gallagher Bassett, posted a 14% revenue increase, with 10% organic growth. The company achieved 24 consecutive quarters of double-digit adjusted EBITA growth, with a 12% increase in net earnings and 18% in adjusted EBITA. Arthur J. Gallagher & Co (NYSE:AJG) completed nine new tuck-in mergers in the first quarter, representing around $60 million of estimated annualized revenue, with a strong pipeline of over 40 term sheets for future mergers. The insurance rate environment is contributing less to organic growth compared to previous years, with property rates down 7%. The company faces challenges in the property market, with significant rate pressure in cat-exposed and larger risks. There is a bifurcated market in the US excess and surplus market, with competitive pressures in E&S property. Geopolitical developments, such as the conflict in th...