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NASDAQ:ACGL

Arch Capital Group (ACGL) Stock Price, News & Analysis

$97.26
-1.89 (-1.91%)
(As of 06/14/2024 ET)
Today's Range
$97.14
$99.38
50-Day Range
$89.76
$103.36
52-Week Range
$69.49
$103.79
Volume
1.64 million shs
Average Volume
1.82 million shs
Market Capitalization
$36.52 billion
P/E Ratio
7.68
Dividend Yield
N/A
Price Target
$101.33

Arch Capital Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
4.2% Upside
$101.33 Price Target
Short Interest
Healthy
1.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.57
Upright™ Environmental Score
News Sentiment
1.26mentions of Arch Capital Group in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$966,400 Sold Last Quarter
Proj. Earnings Growth
6.43%
From $8.55 to $9.10 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.93 out of 5 stars

Finance Sector

314th out of 871 stocks

Fire, Marine, & Casualty Insurance Industry

23rd out of 55 stocks

ACGL stock logo

About Arch Capital Group Stock (NASDAQ:ACGL)

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products. It also provides property, energy, marine, and aviation insurance; travel insurance; accident, disability, and medical plan insurance coverages; captive insurance programs; employer's liability; contract and commercial surety coverages; and collateral protection, debt cancellation, and service contract reimbursement products. This segment markets its products through a group of licensed independent retail and wholesale brokers. Its Reinsurance segment provides casualty reinsurance for third party liability exposures; marine and aviation; motor reinsurance, whole account multi-line treaties, cyber, trade credit, surety, accident and health, workers' compensation catastrophe, agriculture, trade credit, and political risk products; reinsurance protection for catastrophic losses, and personal lines and commercial property exposures; life reinsurance; casualty clash; and risk management solutions. This segment markets its reinsurance products through brokers. The company's Mortgage segment offers direct mortgage insurance and mortgage reinsurance. The company was founded in 1995 and is based in Pembroke, Bermuda.

ACGL Stock Price History

ACGL Stock News Headlines

Big Money Loves Arch Capital Group
Arch Capital: Q1 Earnings Snapshot
Demystifying Arch Capital Group: Insights From 8 Analyst Reviews
KBW Remains a Buy on Arch Capital Group (ACGL)
See More Headlines
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Company Calendar

Last Earnings
4/29/2024
Today
6/15/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Current Symbol
NASDAQ:ACGL
CUSIP
G0450A10
Employees
6,400
Year Founded
2001

Price Target and Rating

Average Stock Price Target
$101.33
High Stock Price Target
$119.00
Low Stock Price Target
$80.00
Potential Upside/Downside
+4.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
14 Analysts

Profitability

Net Income
$4.44 billion
Pretax Margin
26.44%

Debt

Sales & Book Value

Annual Sales
$13.63 billion
Cash Flow
$8.77 per share
Book Value
$46.96 per share

Miscellaneous

Free Float
359,723,000
Market Cap
$36.52 billion
Optionable
Optionable
Beta
0.60

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Should I Buy Arch Capital Group Stock? ACGL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Arch Capital Group Ltd.:

  • Arch Capital Group Ltd. provides insurance, reinsurance, and mortgage insurance products worldwide, offering a diverse range of coverage options.
  • The company's Insurance segment includes primary and excess casualty coverages, which can provide stability and protection against unforeseen events.
  • Recent developments in the company's offerings have shown innovation and adaptability to market trends, potentially leading to increased profitability.
  • Investors may find the current stock price of Arch Capital Group Ltd. to be attractive, providing a potential opportunity for value investing.
  • Arch Capital Group Ltd. has a strong track record of financial performance, which may instill confidence in investors looking for stability and growth.

Cons

Investors should be bearish about investing in Arch Capital Group Ltd. for these reasons:

  • While the company offers a diverse range of insurance products, increased competition in the industry may lead to pricing pressures and reduced margins.
  • Market volatility and economic uncertainties could impact the company's financial performance, leading to potential risks for investors.
  • Recent developments in the regulatory environment may pose challenges for Arch Capital Group Ltd., affecting its operations and profitability.
  • Investors should carefully consider the potential impact of global events and macroeconomic factors on the company's business outlook and stock performance.
  • Changes in interest rates and investment market conditions could influence the company's investment portfolio and overall financial health, affecting investor returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, June 11, 2024. Please send any questions or comments about these Arch Capital Group pros and cons to contact@marketbeat.com.

ACGL Stock Analysis - Frequently Asked Questions

Should I buy or sell Arch Capital Group stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arch Capital Group in the last twelve months. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ACGL shares.
View ACGL analyst ratings
or view top-rated stocks.

What is Arch Capital Group's stock price target for 2024?

14 equities research analysts have issued 12-month price objectives for Arch Capital Group's stock. Their ACGL share price targets range from $80.00 to $119.00. On average, they predict the company's share price to reach $101.33 in the next twelve months. This suggests a possible upside of 4.2% from the stock's current price.
View analysts price targets for ACGL
or view top-rated stocks among Wall Street analysts.

How have ACGL shares performed in 2024?

Arch Capital Group's stock was trading at $74.27 at the beginning of 2024. Since then, ACGL stock has increased by 31.0% and is now trading at $97.26.
View the best growth stocks for 2024 here
.

Are investors shorting Arch Capital Group?

Arch Capital Group saw a decrease in short interest in the month of May. As of May 31st, there was short interest totaling 4,280,000 shares, a decrease of 7.4% from the May 15th total of 4,620,000 shares. Based on an average daily volume of 1,780,000 shares, the short-interest ratio is currently 2.4 days. Approximately 1.2% of the shares of the company are sold short.
View Arch Capital Group's Short Interest
.

When is Arch Capital Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our ACGL earnings forecast
.

How were Arch Capital Group's earnings last quarter?

Arch Capital Group Ltd. (NASDAQ:ACGL) issued its earnings results on Monday, April, 29th. The insurance provider reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.06 by $0.39. The insurance provider earned $4.09 billion during the quarter, compared to analysts' expectations of $3.77 billion. Arch Capital Group had a trailing twelve-month return on equity of 21.85% and a net margin of 33.65%. The company's revenue for the quarter was up 19.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.73 EPS.

When did Arch Capital Group's stock split?

Arch Capital Group shares split before market open on Thursday, June 21st 2018. The 3-1 split was announced on Wednesday, May 9th 2018. The newly issued shares were distributed to shareholders after the market closes on Wednesday, June 20th 2018. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What is Marc Grandisson's approval rating as Arch Capital Group's CEO?

17 employees have rated Arch Capital Group Chief Executive Officer Marc Grandisson on Glassdoor.com. Marc Grandisson has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Arch Capital Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Arch Capital Group investors own include NVIDIA (NVDA), Alibaba Group (BABA), NextEra Energy (NEE), Boeing (BA), Lululemon Athletica (LULU), Verizon Communications (VZ), QUALCOMM (QCOM), Intel (INTC), Keysight Technologies (KEYS) and Xilinx (XLNX).

Who are Arch Capital Group's major shareholders?

Arch Capital Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.89%), Bamco Inc. NY (5.60%), WCM Investment Management LLC (3.76%), Principal Financial Group Inc. (1.81%), Allspring Global Investments Holdings LLC (1.57%) and Capital World Investors (1.27%). Insiders that own company stock include Brian S Posner, David Gansberg, Francois Morin, John M Pasquesi, Louis T Petrillo, Maamoun Rajeh, Marc Grandisson and Nicolas Papadopoulo.
View institutional ownership trends
.

How do I buy shares of Arch Capital Group?

Shares of ACGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ACGL) was last updated on 6/15/2024 by MarketBeat.com Staff

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