NYSE:AGO

Assured Guaranty (AGO) Stock Forecast, Price & News

$60.52

-1.34 (-2.17%)

(As of 09/29/2023 ET)

Compare

Today's Range: $60.44
▼
$61.97
50-Day Range: $56.93
▼
$62.77
52-Week Range: $45.21
▼
$67.13

Volume: 229,644 shs
Average Volume: 324,714 shs
Market Capitalization: $3.55 billion

P/E Ratio: 11.87
Dividend Yield: 1.85%
Price Target: $84.00

Assured Guaranty MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 38.8% Upside
$84.00 Price Target
Short Interest: Bearish
2.51% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.38
Upright™ Environmental Score
News Sentiment: 0.31
Based on 3 Articles This Week
Insider Trading: Selling Shares
$2.99 M Sold Last Quarter
Proj. Earnings Growth: 25.97%
From $3.85 to $4.85 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.98 out of 5 stars

Finance Sector

92nd out of 879 stocks

Surety Insurance Industry

1st out of 8 stocks

3.5

Analyst's Opinion

Consensus Rating
Assured Guaranty has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $84.00, Assured Guaranty has a forecasted upside of 38.8% from its current price of $60.52.
Amount of Analyst Coverage
Assured Guaranty has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.51% of the float of Assured Guaranty has been sold short.
Short Interest Ratio / Days to Cover
Assured Guaranty has a short interest ratio ("days to cover") of 5.8.
Change versus previous month
Short interest in Assured Guaranty has recently increased by 24.11%, indicating that investor sentiment is decreasing significantly.

4.2

Dividend Strength

Dividend Yield
Assured Guaranty pays a meaningful dividend of 1.81%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Assured Guaranty has been increasing its dividend for 12 years.
Dividend Coverage
The dividend payout ratio of Assured Guaranty is 21.96%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Assured Guaranty will have a dividend payout ratio of 23.09% next year. This indicates that Assured Guaranty will be able to sustain or increase its dividend.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Assured Guaranty has received a -8.44% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "GHG emissions", and "Equality & human rights". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Vehicle reinsurance services", "Travelling reinsurance services", and "Credit reinsurance services" products. See details.
Environmental Sustainability
The Environmental Impact score for Assured Guaranty is -0.38.

1.3

News and Social Media Coverage

News Sentiment
Assured Guaranty has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Assured Guaranty this week, compared to 3 articles on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Assured Guaranty insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,987,694.00 in company stock.
Percentage Held by Insiders
Only 3.82% of the stock of Assured Guaranty is held by insiders.
Percentage Held by Institutions
88.77% of the stock of Assured Guaranty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Assured Guaranty are expected to grow by 25.97% in the coming year, from $3.85 to $4.85 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Assured Guaranty is 11.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.24.
Price to Earnings Ratio vs. Sector
The P/E ratio of Assured Guaranty is 11.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.23.
Price to Book Value per Share Ratio
Assured Guaranty has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Assured Guaranty (NYSE:AGO) Stock

Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company operates in two segments, Insurance and Asset Management. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. In addition, the company insures and reinsures various debt obligations, including bonds issued by the United States state governmental authorities; and notes issued to finance infrastructure projects. Further, it insures and reinsures various the U.S. public finance obligations, such as general obligation, tax-backed, municipal utility, transportation, healthcare, higher education, infrastructure, housing revenue, investor-owned utility, renewable energy, and other public finance bonds. Additionally, the company is involved in insuring and reinsuring of non-U.S. public finance obligations comprising regulated utilities, infrastructure finance, sovereign and sub-sovereign, renewable energy bonds, pooled infrastructure, and other public finance obligations; and the U.S. and non-U.S. Structured finance obligations, including residential mortgage-backed securities, life insurance transactions, consumer receivables securities, pooled corporate obligations, and financial products. Furthermore, it offers specialty insurance and reinsurance that include life and aircraft residual value insurance transactions; and asset management services comprising investment advisory services. It markets its financial guaranty insurance directly to issuers and underwriters of public finance and structured finance securities, as well as to investors in such obligations. Assured Guaranty Ltd. was incorporated in 2003 and is headquartered in Hamilton, Bermuda.

AGO Price History

30 days | 90 days | 365 days | Advanced Chart

AGO Stock News Headlines

September 27, 2023 | msn.com

Damian Lillard trade: Winners, losers of Bucks-Blazers-Suns blockbuster

September 21, 2023 | americanbankingnews.com

Financial Contrast: Assured Guaranty (NYSE:AGO) and Trisura Group (OTCMKTS:TRRSF)

October 1, 2023 | Goldco (Ad)

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September 20, 2023 | mirror.co.uk

Mum drives to school every day to deliver food to daughter after packed lunches banned

September 20, 2023 | msn.com

Parents’ outrage at ban on packed lunches for reception children at Bean Primary School

August 30, 2023 | benzinga.com

Achieving Growth and Investor Rewards: Assured Guaranty Flourishes with Strong Performance and Rising Profits

August 22, 2023 | seekingalpha.com

Assured Guaranty: Waiting For A Better Valuation

August 16, 2023 | msn.com

Assured Guaranty prices $350M senior notes offering

October 1, 2023 | Goldco (Ad)

Biden's Digital Dollar Nightmare

August 16, 2023 | finance.yahoo.com

Assured Guaranty Announces Pricing of $350 Million Senior Notes Offering

August 15, 2023 | finance.yahoo.com

Kahn Brothers' Q2 2023 Portfolio Update: Top Holdings and Key Trades

August 9, 2023 | finance.yahoo.com

Assured Guaranty (AGO) Misses Q2 Earnings Estimates

August 8, 2023 | finance.yahoo.com

Assured Guaranty Ltd. Reports Results for Second Quarter 2023

August 3, 2023 | finance.yahoo.com

Cigna (CI) Tops Q2 Earnings and Revenue Estimates

August 3, 2023 | finance.yahoo.com

MGIC Investment (MTG) Q2 Earnings and Revenues Surpass Estimates

July 28, 2023 | finance.yahoo.com

Evans Bancorp (EVBN) Q2 Earnings and Revenues Surpass Estimates

July 24, 2023 | finance.yahoo.com

Assured Guaranty Ltd. to Report Second Quarter 2023 Financial Results on August 8, 2023

July 21, 2023 | finance.yahoo.com

Assured Guaranty Sells Full Stake in Assured Healthcare Partners

July 14, 2023 | msn.com

UBS Maintains Assured Guaranty (AGO) Neutral Recommendation

July 12, 2023 | reuters.com

Assured Guaranty has over $10 billion exposure to troubled UK water companies, Financial Times reports

July 12, 2023 | finance.yahoo.com

Assured Guaranty has more than $10bn exposure to troubled UK water companies

July 12, 2023 | finance.yahoo.com

Assured Guaranty has over $10 bln exposure to troubled UK water companies - FT

July 11, 2023 | finance.yahoo.com

Assured Guaranty Hires Marc Livolsi as Managing Director, Public Finance Marketing

July 6, 2023 | money.usnews.com

Should You Sign a Personal Guarantee for a Business Loan?

July 3, 2023 | finance.yahoo.com

Assured Guaranty Completes Business Combination of Asset Management Business with Sound Point Capital Management

May 26, 2023 | finance.yahoo.com

News Flash: Analysts Just Made A Substantial Upgrade To Their Assured Guaranty Ltd. (NYSE:AGO) Forecasts

May 18, 2023 | finance.yahoo.com

Sound Point Names Gunther Stein Chief Investment Officer for U.S. Performing Credit and CLOs

See More Headlines

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AGO Company Calendar

Last Earnings: 8/08/2023
Ex-Dividend for 8/30 Dividend: 8/15/2023
Dividend Payable: 8/30/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/06/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Surety insurance
Sub-Industry: Property & Casualty Insurance
Sector: Finance
Current Symbol: NYSE:AGO
CUSIP: G0585R10
CIK: 1273813
Web: www.assuredguaranty.com
Phone: (441) 279-5700
Fax: 441-279-5701
Employees: 411
Year Founded: 1985

Price Target and Rating

Average Stock Price Forecast: $84.00
High Stock Price Forecast: $84.00
Low Stock Price Forecast: $84.00
Forecasted Upside/Downside: +38.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.10
Trailing P/E Ratio: 11.87
Forward P/E Ratio: 15.72
P/E Growth: N/A
Net Income: $124 million
Net Margins: 31.86%
Pretax Margin: 34.94%
Return on Equity: 4.73%
Return on Assets: 1.50%

Debt

Debt-to-Equity Ratio: 0.31
Current Ratio: 0.97
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $914 million
Price / Sales: 3.88
Cash Flow: $4.45 per share
Price / Cash Flow: 13.60
Book Value: $88.21 per share
Price / Book: 0.69

Miscellaneous

Outstanding Shares: 58,610,000
Free Float: 56,371,000
Market Cap: $3.55 billion
Optionable: Optionable
Beta: 1.10

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Key Executives

Mr. Dominic John Frederico (Age 70)
Deputy Chairman, Pres & CEO
Comp: $4.94M

Mr. Robert Adam Bailenson (Age 57)
Chief Financial Officer
Comp: $3.11M

Ms. Gon Ling Chow (Age 52)
Gen. Counsel & Sec.
Comp: $2.18M

Mr. Stephen John Donnarumma (Age 60)
Chief Credit Officer
Comp: $1.92M

Mr. David Allan Buzen (Age 64)
Sr. Managing Director of Alternative Investments
Comp: $2.43M

Ms. Laura Ann Bieling (Age 56)
Chief Accounting Officer & Controller

Mr. Christopher M. Gibbons
CTO & Head of Information Technology

Kirk Edmunds
Chief Information Officer

Mr. Robert S. Tucker
Sr. Managing Director of Investor Relations & Corp. Communications

Ms. Dawn Lynn Jasiak
Head of Human Capital Management

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AGO Stock - Frequently Asked Questions

Should I buy or sell Assured Guaranty stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Assured Guaranty in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AGO shares.
View AGO analyst ratings or view top-rated stocks.
What is Assured Guaranty's stock price forecast for 2023?: 2 Wall Street analysts have issued 1-year target prices for Assured Guaranty's stock. Their AGO share price forecasts range from $84.00 to $84.00. On average, they expect the company's share price to reach $84.00 in the next year. This suggests a possible upside of 38.8% from the stock's current price.
View analysts price targets for AGO or view top-rated stocks among Wall Street analysts.
How have AGO shares performed in 2023?: Assured Guaranty's stock was trading at $62.26 at the beginning of 2023. Since then, AGO stock has decreased by 2.8% and is now trading at $60.52.
View the best growth stocks for 2023 here.
Are investors shorting Assured Guaranty?: Assured Guaranty saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,390,000 shares, an increase of 24.1% from the August 31st total of 1,120,000 shares. Based on an average trading volume of 241,600 shares, the days-to-cover ratio is presently 5.8 days. Approximately 2.5% of the company's shares are sold short.
View Assured Guaranty's Short Interest.
When is Assured Guaranty's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our AGO earnings forecast.
How were Assured Guaranty's earnings last quarter?: Assured Guaranty Ltd. (NYSE:AGO) released its quarterly earnings data on Tuesday, August, 8th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.14 by $0.54. The financial services provider earned $206 million during the quarter, compared to the consensus estimate of $172.20 million. Assured Guaranty had a net margin of 31.86% and a trailing twelve-month return on equity of 4.73%.
How often does Assured Guaranty pay dividends? What is the dividend yield for Assured Guaranty?: Assured Guaranty announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Wednesday, August 16th will be paid a dividend of $0.28 per share on Wednesday, August 30th. This represents a $1.12 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date is Tuesday, August 15th.
Read our dividend analysis for AGO.
What ETFs hold Assured Guaranty's stock?: ETFs with the largest weight of Assured Guaranty (NYSE:AGO) stock in their portfolio include Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Insurance ETF (KIE), Cambria Shareholder Yield ETF (SYLD), Invesco S&P SmallCap Momentum ETF (XSMO), Harbor Small Cap Explorer ETF (QWST), Putnam Focused Large Cap Value ETF (PVAL), iShares Factors US Value Style ETF (STLV) and SPDR S&P SmallCap 600 ESG ETF (ESIX).

Is Assured Guaranty a good dividend stock?: Assured Guaranty (NYSE:AGO) pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.81%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 21.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AGO will have a dividend payout ratio of 23.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AGO.
What is Piotr Niemczycki's approval rating as Assured Guaranty's CEO?: 4 employees have rated Assured Guaranty Chief Executive Officer Piotr Niemczycki on Glassdoor.com. Piotr Niemczycki has an approval rating of 64% among the company's employees. 64.0% of employees surveyed would recommend working at Assured Guaranty to a friend.
What other stocks do shareholders of Assured Guaranty own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Assured Guaranty investors own include Delta Air Lines (DAL), Citigroup (C), Energy Transfer (ET), Bank of America (BAC), Gilead Sciences (GILD), Boeing (BA), Enterprise Products Partners (EPD), Pfizer (PFE), Intel (INTC) and RTX (RTX).
What is Assured Guaranty's stock symbol?: Assured Guaranty trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGO."
How do I buy shares of Assured Guaranty?: Shares of AGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Assured Guaranty's stock price today?: One share of AGO stock can currently be purchased for approximately $60.52.
How much money does Assured Guaranty make?: Assured Guaranty (NYSE:AGO) has a market capitalization of $3.55 billion and generates $914 million in revenue each year. The financial services provider earns $124 million in net income (profit) each year or $5.10 on an earnings per share basis.
How many employees does Assured Guaranty have?: The company employs 411 workers across the globe.
Does Assured Guaranty have any subsidiaries?: The following companies are subsidiares of Assured Guaranty: Blue Mountain Capital Management.
Read More
How can I contact Assured Guaranty?: Assured Guaranty's mailing address is 30 WOODBOURNE AVENUE, HAMILTON D0, HM 08. The official website for the company is www.assuredguaranty.com. The financial services provider can be reached via phone at (441) 279-5700, via email at rtucker@agltd.com, or via fax at 441-279-5701.

This page (NYSE:AGO) was last updated on 10/1/2023 by MarketBeat.com Staff

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