Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. The company insures various debt obligations, including bonds issued by the United States state or municipal governmental authorities; and notes issued to finance infrastructure projects. It also insures and reinsures various types of the United States public finance obligations, such as general obligation, tax-backed, municipal utility, transportation, healthcare, higher education, infrastructure, housing revenue, investor-owned utility, and other public finance bonds; and various types of non-United States public finance obligations comprising infrastructure finance, regulated utilities, pooled infrastructure, and other public finance obligations. In addition, the company insures and reinsures various types of the United States and non-United States structured finance obligations, including pooled corporate obligations, residential mortgage-backed securities, insurance securitization obligations, consumer receivables securities, financial products, commercial receivables securities, commercial mortgage-backed securities, and other structured finance securities. 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 founded in 2003 and is headquartered in Hamilton, Bermuda.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Surety insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Current SymbolNYSE:AGO
Previous Symbol
CUSIPG0585R10
Phone441-279-5700
Debt
Debt-to-Equity Ratio0.19
Current Ratio0.49
Quick Ratio0.49
Price-To-Earnings
Trailing P/E Ratio9.28
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.74 billion
Price / Sales2.38
Cash Flow$5.2267 per share
Price / Cash Flow7.50
Book Value$58.23 per share
Price / Book0.67
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$730 million
Net Margins45.37%
Return on Equity7.17%
Return on Assets3.42%
Miscellaneous
Employees310
Outstanding Shares105,670,000
Market Cap$4.15 billion
OptionableOptionable
Assured Guaranty (NYSE:AGO) Frequently Asked Questions
What is Assured Guaranty's stock symbol?
Assured Guaranty trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGO."
How often does Assured Guaranty pay dividends? What is the dividend yield for Assured Guaranty?
Assured Guaranty announced a quarterly dividend on Wednesday, November 7th. Stockholders of record on Wednesday, November 21st will be given a dividend of $0.16 per share on Wednesday, December 5th. This represents a $0.64 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Tuesday, November 20th. View Assured Guaranty's Dividend History.
How will Assured Guaranty's stock buyback program work?
Assured Guaranty declared that its board has authorized a stock buyback plan on Saturday, November 4th 2017, which permits the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its shares are undervalued.
How were Assured Guaranty's earnings last quarter?
Assured Guaranty Ltd. (NYSE:AGO) issued its quarterly earnings data on Thursday, November, 8th. The financial services provider reported $1.47 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.72 by $0.75. The financial services provider earned $274 million during the quarter, compared to the consensus estimate of $240.16 million. Assured Guaranty had a net margin of 45.37% and a return on equity of 7.17%. The company's revenue for the quarter was down 56.0% on a year-over-year basis. During the same period last year, the business posted $1.29 earnings per share. View Assured Guaranty's Earnings History.
When is Assured Guaranty's next earnings date?
What price target have analysts set for AGO?
2 brokers have issued 12 month target prices for Assured Guaranty's stock. Their forecasts range from $48.00 to $51.00. On average, they anticipate Assured Guaranty's stock price to reach $49.50 in the next twelve months. This suggests a possible upside of 26.3% from the stock's current price. View Analyst Price Targets for Assured Guaranty.
What is the consensus analysts' recommendation for Assured Guaranty?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Assured Guaranty in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Assured Guaranty.
Has Assured Guaranty been receiving favorable news coverage?
News coverage about AGO stock has trended very positive recently, according to InfoTrie. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Assured Guaranty earned a news impact score of 3.6 on InfoTrie's scale. They also assigned media coverage about the financial services provider 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 immediate future.
Who are some of Assured Guaranty's key competitors?
Who are Assured Guaranty's key executives?
Assured Guaranty's management team includes the folowing people:
- Mr. Dominic John Frederico, Deputy Chairman, Pres & CEO (Age 65)
- Mr. Robert Adam Bailenson, CFO & Chief Accounting Officer (Age 52)
- Mr. Russell Brown Brewer II, Chief Surveillance Officer (Age 61)
- Mr. Bruce Elliot Stern, Exec. Officer of Gov. & Corp. Affairs (Age 64)
- Mr. James Michael Michener, Sr. Advisor to CEO (Age 65)
Who are Assured Guaranty's major shareholders?
Assured Guaranty's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.72%), BlackRock Inc. (6.30%), Putnam Investments LLC (6.16%), Dimensional Fund Advisors LP (3.44%), Thrivent Financial for Lutherans (3.26%) and AQR Capital Management LLC (3.06%). Company insiders that own Assured Guaranty stock include Dominic Frederico, Howard Albert, Patrick W Kenny, Robert Bailenson, Russell B Brewer II and Stephen Donnarumma. View Institutional Ownership Trends for Assured Guaranty.
Which institutional investors are selling Assured Guaranty stock?
AGO stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Seizert Capital Partners LLC, Philadelphia Financial Management of San Francisco LLC, Capital Returns Management LLC, Connor Clark & Lunn Investment Management Ltd., Bank of Montreal Can, Vanguard Group Inc. and Russell Investments Group Ltd.. Company insiders that have sold Assured Guaranty company stock in the last year include Dominic Frederico, Howard Albert, Patrick W Kenny, Robert Bailenson, Russell B Brewer II and Stephen Donnarumma. View Insider Buying and Selling for Assured Guaranty.
Which institutional investors are buying Assured Guaranty stock?
AGO stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Clearbridge Investments LLC, Rubric Capital Management LP, Man Group plc, EJF Capital LLC, Virginia Retirement Systems ET AL, Zweig DiMenna Associates LLC and JPMorgan Chase & Co.. View Insider Buying and Selling for Assured Guaranty.
How do I buy shares of Assured Guaranty?
Shares of AGO 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, Scottrade, Fidelity and Charles Schwab.
What is Assured Guaranty's stock price today?
One share of AGO stock can currently be purchased for approximately $39.20.
How big of a company is Assured Guaranty?
Assured Guaranty has a market capitalization of $4.15 billion and generates $1.74 billion in revenue each year. Assured Guaranty employs 310 workers across the globe.
What is Assured Guaranty's official website?
How can I contact Assured Guaranty?
Assured Guaranty's mailing address is 30 WOODBOURNE AVENUE, HAMILTON D0, HM08. The financial services provider can be reached via phone at 441-279-5700 or via email at [email protected]
MarketBeat Community Rating for Assured Guaranty (NYSE AGO)
MarketBeat's community ratings are surveys of what our community members think about Assured Guaranty and other stocks. Vote "Outperform" if you believe AGO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AGO will underperform the S&P 500 over the long term. You may vote once every thirty days.
