Verisk Stock Rises 21% Year to Date: What You Should Know

Group 1 - Verisk Analytics, Inc. (VRSK) has experienced a 21% stock gain year to date, outperforming the industry average of 17% [1] - The company's strong earnings performance over the past three quarters has been driven by growth in underwriting & rating and claims [2] - Transitioning to a subscription-based business model is expected to enhance recurring revenues and provide long-term benefits to shareholders [3] Group 2 - Acquisitions are a key component of Verisk's growth strategy, with recent acquisitions like Krug and Mavera enhancing its data and analytics capabilities in Europe [4] - Verisk has consistently rewarded shareholders through dividends and share repurchases, with $196.8 million in dividends and$2.8 billion in share repurchases in 2023 [5] - The company’s steady increase in shareholder returns is likely to boost share prices, especially in uncertain market conditions [5] Group 3 - Verisk currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [6] - Other stocks in the Zacks Business Services sector include AppLovin (APP) and Parsons (PSN), both of which have higher rankings and growth expectations [6][8]