Arch Capital Group Stock Forecast, Price & News

Arch Capital Group's stock was trading at $35.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ACGL shares have decreased by 14.9% and is now trading at $30.54.
View which stocks have been most impacted by COVID-19.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Arch Capital Group in the last year. There are currently 2 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 Thursday, October 29th 2020.
View our earnings forecast for Arch Capital Group.

Arch Capital Group Ltd. (NASDAQ:ACGL) announced its earnings results on Wednesday, July, 29th. The insurance provider reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.26) by $0.30. The insurance provider had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.49 billion. Arch Capital Group had a return on equity of 6.97% and a net margin of 15.88%. The company's quarterly revenue was up 15.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.77 earnings per share.
View Arch Capital Group's earnings history.

Arch Capital Group's stock split before market open on Thursday, June 21st 2018. The 3-1 split was announced on Wednesday, May 9th 2018. The newly created 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.

10 analysts have issued 1-year price targets for Arch Capital Group's stock. Their forecasts range from $30.00 to $55.00. On average, they expect Arch Capital Group's stock price to reach $41.20 in the next twelve months. This suggests a possible upside of 34.9% from the stock's current price.
View analysts' price targets for Arch Capital Group.

Arch Capital Group saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 3,380,000 shares, an increase of 15.0% from the September 30th total of 2,940,000 shares. Based on an average daily volume of 1,450,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.9% of the shares of the stock are short sold.
View Arch Capital Group's Short Interest.

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

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), The Boeing (BA), Lululemon Athletica (LULU), Verizon Communications (VZ), QUALCOMM (QCOM), Intel (INTC), Keysight Technologies (KEYS) and Xilinx (XLNX).

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

Arch Capital Group's stock is owned by many different institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.25%), Scout Investments Inc. (0.09%), Zweig DiMenna Associates LLC (0.08%), State of New Jersey Common Pension Fund D (0.07%), Envestnet Asset Management Inc. (0.07%) and Nepsis Inc. (0.06%). 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 sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Redpoint Investment Management Pty Ltd, Denali Advisors LLC, FAI Wealth Management, State of New Jersey Common Pension Fund D, Standard Life Aberdeen plc, Scout Investments Inc., and Candriam Luxembourg S.C.A.. Company insiders that have sold Arch Capital Group company stock in the last year include Francois Morin, John D Vollaro, Louis T Petrillo, Maamoun Rajeh, and W Preston Hutchings.
View insider buying and selling activity for Arch Capital Group.

ACGL stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Zweig DiMenna Associates LLC, Envestnet Asset Management Inc., Convergence Investment Partners LLC, Nepsis Inc., Forsta AP Fonden, Nisa Investment Advisors LLC, and DNB Asset Management AS. 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 $30.54.

Arch Capital Group has a market capitalization of $12.40 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]