NASDAQ:ACGLArch Capital Group Stock Price, Forecast & News

Arch Capital Group's stock was trading at $35.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ACGL stock has decreased by 21.1% and is now trading at $28.31. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arch Capital Group in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Arch Capital Group.

Arch Capital Group is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Arch Capital Group.

Arch Capital Group Ltd. (NASDAQ:ACGL) issued its earnings results on Monday, May, 4th. The insurance provider reported $0.46 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.54 by $0.08. The insurance provider had revenue of $1.90 billion for the quarter, compared to analysts' expectations of $1.52 billion. Arch Capital Group had a net margin of 19.61% and a return on equity of 9.93%. During the same quarter last year, the company earned $0.67 EPS. View Arch Capital Group's earnings history.

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

11 Wall Street analysts have issued 1-year price objectives for Arch Capital Group's shares. Their forecasts range from $29.00 to $55.00. On average, they anticipate Arch Capital Group's stock price to reach $40.64 in the next year. This suggests a possible upside of 43.5% from the stock's current price. View analysts' price targets for Arch Capital Group.

Media coverage about ACGL stock has trended negative this week, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Arch Capital Group earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Arch Capital Group.

Arch Capital Group saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 3,040,000 shares, a decline of 15.8% from the June 15th total of 3,610,000 shares. Based on an average daily trading volume, of 2,740,000 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.8% of the shares of the stock are sold short. View Arch Capital Group's Current Options Chain.

Some companies that are related to Arch Capital Group include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Fidelity National Financial (FNF), Erie Indemnity (ERIE), Cna Financial (CNA), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG), RLI (RLI) and Axis Capital (AXS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Arch Capital Group investors own include Alibaba Group (BABA), NextEra Energy (NEE), NVIDIA (NVDA), Verizon Communications (VZ), Home Depot (HD), Copart (CPRT), Fortinet (FTNT), Xilinx (XLNX), Lululemon Athletica (LULU) and Boeing (BA).

Arch Capital Group trades on the NASDAQ under the ticker symbol "ACGL."

Arch Capital Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own Arch Capital Group stock include Andrew Rippert, Brian S Posner, Francois Morin, John D Vollaro, John M Pasquesi, Louis T Petrillo, Maamoun Rajeh, Marc Grandisson, W Preston Hutchings and Yiorgos Lillikas. View institutional ownership trends for Arch Capital Group.

ACGL stock was bought by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have bought Arch Capital Group stock in the last two years include Brian S Posner, and Marc Grandisson. View insider buying and selling activity for Arch Capital Group.

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

One share of ACGL stock can currently be purchased for approximately $28.31.

Arch Capital Group has a market capitalization of $11.48 billion and generates $6.93 billion in revenue each year. The insurance provider earns $1.64 billion in net income (profit) each year or $2.82 on an earnings per share basis. Arch Capital Group employs 4,300 workers across the globe.

The official website for Arch Capital Group is www.archcapgroup.com.

Arch Capital Group's mailing address is 100 PITTS BAY ROAD WATERLOO HOUSE GROUND FLOOR, PEMBROKE D0, HM 08. The insurance provider can be reached via phone at 441-278-9250 or via email at [email protected]