Argo Group International Holdings Ltd. engages in underwriting property and casualty insurance and reinsurance. The company operates through following segments: Property, Liability, Professional and Specialty. The Property segment includes both property insurance and reinsurance products. The Liability segment includes a broad range of primary and excess casualty products. The Professional segment includes various professional lines products including errors and omissions, management liability and cyber coverages. The specialty segment includes niche insurance coverages including marine & energy, accident & health and surety product offerings. The company was founded in 1986 and is headquartered in Pembroke, Bermuda.
Industry, Sector and Symbol
Industry Property/Casualty Insurance
Sub-IndustryN/A
SectorFinance
CIKN/A
WebN/A
Phone(441) 296-5858
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date2/24/2020 (Confirmed)
OptionableNot Optionable
Argo Group (NASDAQ:ARGO) Frequently Asked Questions
What is Argo Group's stock symbol?
Argo Group trades on the NASDAQ under the ticker symbol "ARGO."
How often does Argo Group pay dividends? What is the dividend yield for Argo Group?
Argo Group announced a quarterly dividend on Wednesday, February 19th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.31 per share on Monday, March 16th. This represents a $1.24 annualized dividend and a dividend yield of 1.98%. The ex-dividend date of this dividend is Friday, February 28th. View Argo Group's Dividend History.
How were Argo Group's earnings last quarter?
Argo Group (NASDAQ:ARGO) posted its earnings results on Wednesday, November, 6th. The company reported ($0.44) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.36) by $0.08. The business earned $493.60 million during the quarter, compared to analysts' expectations of $483.37 million. View Argo Group's Earnings History.
When is Argo Group's next earnings date?
How can I listen to Argo Group's earnings call?
Argo Group will be holding an earnings conference call on Monday, February 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for ARGO?
4 brokerages have issued 1-year target prices for Argo Group's shares. Their forecasts range from $68.10 to $74.12. On average, they expect Argo Group's stock price to reach $72.56 in the next year. This suggests a possible upside of 15.8% from the stock's current price. View Analyst Price Targets for Argo Group.
What is the consensus analysts' recommendation for Argo Group?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Argo Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Argo Group.
What are Wall Street analysts saying about Argo Group stock?
Here are some recent quotes from research analysts about Argo Group stock:
- 1. According to Zacks Investment Research, "PXRE Group Ltd. provides reinsurance products and services to a worldwide marketplace. They primarily emphasize commercial and personal property and casualty reinsurance risks, and offer both broker-based and direct-writing distribution capabilities. PXRE also provides marine and aerospace reinsurance products and services. " (2/17/2020)
- 2. Boenning Scattergood analysts commented, "We compare ARGO to a peer group of 10 specialty insurers. The peer group is trading at a higher price-to-book multiple than ARGO (1.5x vs. 1.2x), but peers have also generated stronger returns. Relative to expected ROE, ARGO’s shares appear to be undervalued (see chart below). We are maintaining our Outperform rating and our target price of $81.00, which is 1.4 times our 12-months forward BVPS estimate of $58.49." (8/6/2019)
Has Argo Group been receiving favorable news coverage?
Media headlines about ARGO stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Argo Group earned a coverage optimism score of -3.6 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Argo Group.
Who are some of Argo Group's key competitors?
Some companies that are related to Argo Group include Voya Financial (VOYA), Jones Lang LaSalle (JLL), Assurant (AIZ), AerCap (AER), Apartment Investment and Management (AIV), Brookfield Property Partners (BPY), Oaktree Capital Group LLC Unit (OAK), Ares Capital (ARCC), Invesco (IVZ), Hargreaves Lansdown (HL), Kimco Realty (KIM), LPL Financial (LPLA), Credit Acceptance (CACC), Zions Bancorporation NA (ZION) and RAIFFEISEN INTL/ADR (RAIFY).
What other stocks do shareholders of Argo Group own?
Who are Argo Group's key executives?
Argo Group's management team includes the folowing people:
- Mark E. Watson, President, Chief Executive Officer & Director
- Phil Vedell, Head-Global Operations
- Jay Stanley Bullock, Chief Financial Officer & Executive Vice President
- Mark H. Rose, Chief Investment Officer & Senior Vice President
- Nigel Mortimer, President-Argo Insurance Bermuda
Who are Argo Group's major shareholders?
Argo Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Champlain Investment Partners LLC (5.45%), Janus Henderson Group PLC (3.81%), State Street Corp (2.36%), First Trust Advisors LP (2.19%), Lord Abbett & CO. LLC (2.10%) and Goldman Sachs Group Inc. (1.49%). Company insiders that own Argo Group stock include F Sedgwick Browne, Hector Deleon, Jay Stanley Bullock, John R Power Jr, Jose Angel Hernandez, Kathleen Nealon, Kevin James Rehnberg, Mark E Watson III, Mural R Josephson and Thomas A Bradley. View Institutional Ownership Trends for Argo Group.
Which major investors are selling Argo Group stock?
ARGO stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Peregrine Capital Management LLC, AQR Capital Management LLC, Bank of Montreal Can, Jacobs Levy Equity Management Inc., Martingale Asset Management L P, Victory Capital Management Inc. and Acadian Asset Management LLC. Company insiders that have sold Argo Group company stock in the last year include Jay Stanley Bullock, Kathleen Nealon and Kevin James Rehnberg. View Insider Buying and Selling for Argo Group.
Which major investors are buying Argo Group stock?
ARGO stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Champlain Investment Partners LLC, FMR LLC, Janus Henderson Group PLC, Eagle Asset Management Inc., Mesirow Financial Investment Management Equity Management, Wedge Capital Management L L P NC and Pzena Investment Management LLC. Company insiders that have bought Argo Group stock in the last two years include Jose Angel Hernandez and Thomas A Bradley. View Insider Buying and Selling for Argo Group.
How do I buy shares of Argo Group?
Shares of ARGO 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.
What is Argo Group's stock price today?
One share of ARGO stock can currently be purchased for approximately $62.65.
How big of a company is Argo Group?
How can I contact Argo Group?
The company can be reached via phone at (441) 296-5858.
MarketBeat Community Rating for Argo Group (NASDAQ ARGO)
MarketBeat's community ratings are surveys of what our community members think about Argo Group and other stocks. Vote "Outperform" if you believe ARGO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARGO will underperform the S&P 500 over the long term. You may vote once every thirty days.
