Beazley (LON:BEZ) Sets New 52-Week High - Still a Buy?

Beazley plc (LON:BEZ - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 926.50 ($11.98) and last traded at GBX 926 ($11.97), with a volume of 14019370 shares changing hands. The stock had previously closed at GBX 916.54 ($11.85).Beazley Price PerformanceThe company has a fifty day moving average price of GBX 859.12 and a two-hundred day moving average price of GBX 811.38. The firm has a market cap of £7.06 billion, a price-to-earnings ratio of 5.75, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. Beazley (LON:BEZ - Get Free Report) last posted its quarterly earnings results on Tuesday, March 4th. The company reported GBX 137 ($1.77) earnings per share (EPS) for the quarter. Beazley had a net margin of 22.82% and a return on equity of 32.60%. On average, research analysts expect that Beazley plc will post 101.6172507 earnings per share for the current fiscal year. Beazley Increases DividendThe firm also recently announced a dividend, which will be paid on Friday, May 2nd. Stockholders of record on Thursday, March 20th will be issued a GBX 25 ($0.32) dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a dividend yield of 2.77%. This is a positive change from Beazley's previous dividend of $14.20. Beazley's dividend payout ratio is presently 8.76%. Beazley declared that its board has authorized a stock buyback plan on Tuesday, March 4th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its shares are undervalued. Insider ActivityIn related news, insider Adrian Cox sold 27,772 shares of the company's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of GBX 902 ($11.66), for a total value of £250,503.44 ($323,898.94). 2.31% of the stock is currently owned by corporate insiders. About Beazley (Get Free Report)Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.Read MoreFive stocks we like better than Beazley2 Fintech Stocks to Buy Now and 1 to Avoid3 Buyable Stocks With Solid Bottoms Ready to ReboundHow to Plot Fibonacci Price Inflection Levels Advantage+ Shopping: Meta's Fast Growing $20 Billion AI-Ads StarThe 3 Best Fintech Stocks to Buy NowRobotaxi News: What Tesla and Lyft Headlines Mean for SharesThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Beazley Right Now?Before you consider Beazley, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Beazley wasn't on the list.While Beazley currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here