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 Date11/4/2019 (Estimated)
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 Tuesday, August 6th. Stockholders of record on Friday, August 30th will be paid a dividend of $0.31 per share on Friday, September 13th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend is Thursday, August 29th. View Argo Group's Dividend History.
How were Argo Group's earnings last quarter?
Argo Group (NASDAQ:ARGO) announced its quarterly earnings results on Monday, August, 5th. The company reported $0.48 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.23. The firm earned $476.60 million during the quarter, compared to analysts' expectations of $478.43 million. View Argo Group's Earnings History.
When is Argo Group's next earnings date?
What price target have analysts set for ARGO?
4 brokerages have issued 12-month price targets 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 $72.07 in the next year. This suggests a possible upside of 5.0% 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. " (8/12/2019)
- 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?
News coverage about ARGO stock has been trending negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Argo Group earned a news sentiment score of -2.5 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Argo Group.
Who are some of Argo Group's key competitors?
Some companies that are related to Argo Group include National Retail Properties (NNN), Banco Santander Mexico Sa Instcn De (BSMX), American Financial Group (AFG), SEGRO (SGRO), SONY FINL HOLDI/ADR (SNYFY), BARRATT DEVELOP/ADR (BTDPY), SEA (SE), Medical Properties Trust (MPW), AGNC Investment (AGNC), Kimco Realty (KIM), SEI Investments (SEIC), STD LF ABERDEEN/ADR (SLFPY), Store Capital (STOR), Santander Consumer USA (SC) and Credit Acceptance (CACC).
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 many different of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (1.24%), Tributary Capital Management LLC (0.85%), Grace & White Inc. NY (0.36%), Robeco Institutional Asset Management B.V. (0.18%), Strs Ohio (0.17%) and Hennessy Advisors Inc. (0.12%). 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 Peregrine Capital Management LLC, Robeco Institutional Asset Management B.V., Tributary Capital Management LLC, Grace & White Inc. NY and Hennessy Advisors Inc.. Company insiders that have sold Argo Group company stock in the last year include F Sedgwick Browne, Jay Stanley Bullock, Kathleen Nealon, Kevin James Rehnberg, Mark E Watson III and Mural R Josephson. View Insider Buying and Selling for Argo Group.
Which major investors are buying Argo Group stock?
ARGO stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio and Diversified Trust Co. 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 $68.63.
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.
