About Assured Guaranty (NYSE:AGO)
Assured Guaranty Ltd. is a holding company. The Company, through its subsidiaries, provides credit protection products to the United States and international public finance, including infrastructure, and structured finance markets. It applies its credit underwriting judgment, risk management skills and capital markets experience primarily to offer financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. 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. It guarantees obligations issued principally in the United States and the United Kingdom and also guarantees obligations issued in other countries and regions, including Australia and Western Europe. It also provides other forms of insurance that are in line with its risk profile and benefit from its underwriting experience.
Industry, Sector and Symbol:
- Industry: Property & Casualty Insurance
- Sub-Industry: Property & Casualty Insurance
- Sector: Finance
- Symbol: NYSE:AGO
- CUSIP: G0585R10
- Web: www.assuredguaranty.com
- Debt-to-Equity Ratio: 0.19%
- Current Ratio: 0.56%
- Quick Ratio: 0.56%
Price-To-Earnings:Sales & Book Value:
- Annual Sales: $1.677 billion
- Price / Sales: 2.56
- Cash Flow: $6.60 per share
- Price / Cash: 5.54
- Book Value: $49.89 per share
- Price / Book: 0.73
- Annual Dividend: $0.57
- Dividend Yield: 1.6%
- Trailing EPS: $6.94
- Net Income: $881 million
- Net Margins: 45.38%
- Return on Equity: 10.59%
- Return on Assets: 4.88%
- Employees: 300
- Outstanding Shares: 117,450,000
Frequently Asked Questions for Assured Guaranty (NYSE:AGO)
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 declared a quarterly dividend on Wednesday, November 1st. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.142 per share on Wednesday, November 29th. This represents a $0.57 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date is Tuesday, November 14th. View Assured Guaranty's Dividend History.
How will Assured Guaranty's stock buyback program work?
Assured Guaranty announced that its board has initiated a share buyback program 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. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.
How were Assured Guaranty's earnings last quarter?
Assured Guaranty Ltd. (NYSE:AGO) issued its earnings results on Thursday, November, 2nd. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.51. The financial services provider had revenue of $623 million for the quarter, compared to the consensus estimate of $262.09 million. Assured Guaranty had a return on equity of 10.59% and a net margin of 45.38%. Assured Guaranty's revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.74 EPS. View Assured Guaranty's Earnings History.
When will Assured Guaranty make its next earnings announcement?
Where is Assured Guaranty's stock going? Where will Assured Guaranty's stock price be in 2017?
3 Wall Street analysts have issued 1-year price targets for Assured Guaranty's shares. Their predictions range from $42.00 to $50.00. On average, they expect Assured Guaranty's stock price to reach $47.00 in the next year. View Analyst Ratings for Assured Guaranty.
Who are some of Assured Guaranty's key competitors?
Some companies that are related to Assured Guaranty include Ageas SA (AGS), W.R. Berkley Corporation (WRB), Industrial Alliance Insurance and Financial Services (IAG), Endurance Specialty Holdings (ENH), RSA Insurance Group plc (RSA), First American Corporation (The) (FAF), Erie Indemnity Company (ERIE), Old Republic International Corporation (ORI), Direct Line Insurance Group PLC (DLG), Allied World Assurance Company Holdings Ltd (AWHHF), The Hanover Insurance Group (THG), Radian Group (RDN), Essent Group (ESNT), Hiscox Ltd (HSX), Selective Insurance Group (SIGI), White Mountains Insurance Group (WTM), ProAssurance Corporation (PRA) and Alterra Capital Holdings Ltd (ALTE).
Who are Assured Guaranty's key executives?
Assured Guaranty's management team includes the folowing people:
- Francisco L. Borges, Chairman of the Board (Age 65)
- Dominic J. Frederico, President, Chief Executive Officer, Director (Age 64)
- Robert A. Bailenson, Chief Financial Officer (Age 50)
- Howard W. Albert, Chief Risk Officer, Director (Age 57)
- James M. Michener, General Counsel, Secretary (Age 64)
- Bruce E. Stern, Executive Officer (Age 61)
- Russell B. Brewer II, Chief Surveillance Officer (Age 60)
- G. Lawrence Buhl CPA, Independent Director (Age 70)
- Bonnie L. Howard, Independent Director (Age 63)
- Thomas W. Jones, Independent Director (Age 67)
Who owns Assured Guaranty stock?
Assured Guaranty's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.75%), TimesSquare Capital Management LLC (2.83%), Fine Capital Partners L.P. (1.71%), JPMorgan Chase & Co. (1.51%), Seizert Capital Partners LLC (1.29%) and Boston Partners (1.11%). Company insiders that own Assured Guaranty stock include Dominic Frederico and Howard Albert. View Institutional Ownership Trends for Assured Guaranty.
Who sold Assured Guaranty stock? Who is selling Assured Guaranty stock?
Assured Guaranty's stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Alyeska Investment Group L.P., Sterling Capital Management LLC, Capital Returns Management LLC, Virginia Retirement Systems ET AL, Los Angeles Capital Management & Equity Research Inc., Chicago Equity Partners LLC and Elm Ridge Management LLC. Company insiders that have sold Assured Guaranty company stock in the last year include Dominic Frederico and Howard Albert. View Insider Buying and Selling for Assured Guaranty.
Who bought Assured Guaranty stock? Who is buying Assured Guaranty stock?
Assured Guaranty's stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Wells Fargo & Company MN, APG Asset Management N.V., Kahn Brothers Group Inc. DE, Denali Advisors LLC, Cubist Systematic Strategies LLC, Stevens Capital Management LP and Prudential Financial Inc.. View Insider Buying and Selling for Assured Guaranty.
How do I buy Assured Guaranty stock?
Shares of Assured Guaranty 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 Assured Guaranty stock can currently be purchased for approximately $36.59.
How big of a company is Assured Guaranty?
Assured Guaranty has a market capitalization of $4.29763 billion and generates $1.677 billion in revenue each year. The financial services provider earns $881 million in net income (profit) each year or $6.94 on an earnings per share basis. Assured Guaranty employs 300 workers across the globe.
How can I contact Assured Guaranty?
Assured Guaranty's mailing address is 30 WOODBOURNE AVENUE, HAMILTON BERMUDA D0, HM 08. 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Assured Guaranty (NYSE:AGO) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 1 Hold Rating, 2 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$47.00 (28.45% upside)|
Consensus Price Target History for Assured Guaranty (NYSE:AGO)
Analysts' Ratings History for Assured Guaranty (NYSE:AGO)
(Data available from 11/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/5/2017||MKM Partners||Reiterated Rating||Buy||N/A|
|7/14/2017||BTIG Research||Reiterated Rating||Buy||$49.00||Low|
|7/4/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$42.00||Low|
Earnings History and Estimates Chart for Assured Guaranty (NYSE:AGO)
Earnings History by Quarter for Assured Guaranty (NYSE AGO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/22/2018|| || || || || || || || |
|11/2/2017||Q3||$0.78||$1.29||$262.09 million||$623.00 million||View||N/A|
|8/2/2017||6/30/2017||$0.72||$1.16||$288.15 million||$308.00 million||View||Listen|
|2/23/2017||Q416||$0.68||$1.05||$269.77 million||$470.00 million||View||N/A|
|11/3/2016||Q316||$0.68||$3.83||$263.50 million||$566.00 million||View||N/A|
|8/3/2016||Q216||$0.54||$1.03||$273.70 million||$372.00 million||View||N/A|
|5/4/2016||Q116||$0.64||$0.82||$274.55 million||$245.00 million||View||N/A|
|2/25/2016||Q415||$0.76||$0.83||$160.27 million||$775.00 million||View||Listen|
|11/5/2015||Q315||$0.66||$1.12||$143.90 million||$369.00 million||View||N/A|
|8/5/2015||Q215||$0.63||$1.83||$140.43 million||$695.00 million||View||N/A|
|5/7/2015||Q115||$0.58||$0.89||$135.00 million||$142.00 million||View||N/A|
|2/25/2015||Q414||$0.69||$0.50||$251.00 million||$260.00 million||View||N/A|
|11/6/2014||Q314||$0.59||$1.05||$144.60 million||$274.00 million||View||N/A|
|8/7/2014||Q214||$0.50||$0.56||$203.50 million||$260.00 million||View||N/A|
|5/7/2014||Q114||$0.61||$0.72||$167.60 million||$297.00 million||View||N/A|
|11/11/2013||Q313||$0.63||$0.64||$190.30 million||$297.00 million||View||N/A|
|8/8/2013||Q2 2013||$0.63||$0.52||$202.20 million||$178.00 million||View||N/A|
|5/9/2013||Q1 2013||$0.69||$1.34||$213.80 million||$248.00 million||View||N/A|
|2/27/2013||Q4 2012||$0.70||$0.95||$198.33 million||$229.00 million||View||N/A|
Earnings Estimates for Assured Guaranty (NYSE:AGO)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Assured Guaranty (NYSE:AGO)
|Dividend Growth:||9.10% (3 Year Average)|
|Payout Ratio:||8.21% (Trailing 12 Months of Earnings) |
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Assured Guaranty (NYSE AGO)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Assured Guaranty (NYSE AGO)
Insider Ownership Percentage: 2.62%
Institutional Ownership Percentage: 97.36%
Insider Trades by Quarter for Assured Guaranty (NYSE AGO)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/28/2017||Dominic Frederico||CEO||Sell||1||$37.60||$37.60|| |
|5/10/2017||Howard Albert||Insider||Sell||12,000||$39.19||$470,280.00|| |
|11/7/2016||Howard Albert||Insider||Sell||16,000||$32.00||$512,000.00|| |
|5/13/2016||Dominic Frederico||CEO||Buy||13,000||$25.10||$326,300.00|| |
|11/17/2014||Howard Albert||Insider||Sell||15,000||$24.88||$373,200.00|| |
|3/19/2014||Wilbur Ross, Jr.||Director||Sell||4,000,000||$25.43||$101,720,000.00|| |
|5/31/2013||Ross Group L.P. Wl||Major Shareholder||Sell||4,992,882||$21.94||$109,543,831.08|| |
|5/31/2013||Wilbur L Ross Jr||Director||Sell||5,000,000||$21.94||$109,700,000.00|| |
|5/15/2013||Neil Baron||Director||Sell||3,000||$24.41||$73,230.00|| |
Latest Headlines for Assured Guaranty (NYSE AGO)
|Financial Analysis: MBIA (MBI) versus Assured Guaranty (AGO)|
www.americanbankingnews.com - November 15 at 1:24 AM
|Cook Children's Medical Center -- Moody's Affirms Cook Children's Medical Center's(TX) Aa2 and Aa2/VMIG 1; Outlook Stable|
finance.yahoo.com - November 10 at 7:37 PM
|ETFs with exposure to Assured Guaranty Ltd. : November 9, 2017|
finance.yahoo.com - November 9 at 4:41 PM
|Assured Guaranty Ltd. :AGO-US: Earnings Analysis: Q3, 2017 By the Numbers : November 8, 2017|
finance.yahoo.com - November 8 at 5:50 PM
|Assured Guaranty posts 3Q profit|
finance.yahoo.com - November 6 at 4:19 PM
|Assured Guaranty (AGO) Board Approves Share Buyback Plan|
www.americanbankingnews.com - November 4 at 11:49 AM
|Edited Transcript of AGO earnings conference call or presentation 3-Nov-17 12:00pm GMT|
finance.yahoo.com - November 3 at 8:47 PM
|Assured Guaranty's (AGO) CEO Dominic Frederico on Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - November 3 at 3:34 PM
|ASSURED GUARANTY LTD to Host Earnings Call|
finance.yahoo.com - November 3 at 9:51 AM
|James Michener to Become Senior Advisor to Assured Guaranty CEO|
finance.yahoo.com - November 2 at 8:59 PM
|Assured Guaranty Ltd. (AGO) Releases Earnings Results, Beats Expectations By $0.51 EPS|
www.americanbankingnews.com - November 2 at 8:23 PM
|Assured Guaranty Ltd. Declares Quarterly Dividend of $0.14 (AGO)|
www.americanbankingnews.com - November 2 at 10:56 AM
|Assured Guaranty Ltd. Declares Quarterly Dividend of $0.1425 per Common Share|
finance.yahoo.com - November 1 at 4:02 PM
|Head to Head Survey: Assured Guaranty (AGO) vs. Its Competitors|
www.americanbankingnews.com - October 30 at 5:26 PM
|Assured Guaranty Ltd. (AGO) to Release Quarterly Earnings on Thursday|
www.americanbankingnews.com - October 26 at 4:16 AM
|Assured Guaranty Municipal Holdings: Baby Bond Hunting Recap|
seekingalpha.com - October 24 at 9:38 PM
|Assured Guaranty Wraps Bonds for North Lanarkshire Schools PFI Project|
finance.yahoo.com - October 24 at 2:49 AM
|Critical Comparison: Assured Guaranty (AGO) versus Erie Indemnity (ERIE)|
www.americanbankingnews.com - October 23 at 10:58 AM
|Assured Guaranty (AGO) and Its Peers Head to Head Analysis|
www.americanbankingnews.com - October 20 at 8:32 AM
|Assured Guaranty Ltd. to Report Third Quarter 2017 Financial Results on November 2, 2017|
finance.yahoo.com - October 19 at 9:16 PM
|Assured Guaranty Ltd. From The Perspective Of A Preferred And Note Investor|
seekingalpha.com - October 17 at 4:31 PM
|Featured Company News - Assured Guaranty Pulls Back Lawsuit Against PREPA in View of Devastation Caused by Hurricane Maria|
finance.yahoo.com - October 17 at 4:31 PM
|Assured Guaranty Withdraws Complaint Against PREPA|
finance.yahoo.com - October 13 at 8:37 PM
|Trump Tweets Push Puerto Rico Bonds to New Lows|
finance.yahoo.com - October 12 at 4:19 PM
|Assured Guaranty Ltd. (AGO) Earns Buy Rating from UBS AG|
www.americanbankingnews.com - October 8 at 6:02 PM
|Assured Guaranty Withdraws Complaint Against Puerto Rico’s Fiscal Plan|
finance.yahoo.com - October 7 at 1:58 AM
|Puerto Rico Bonds Tank as Trump Says Debt to be Wiped Out|
finance.yahoo.com - October 6 at 4:08 AM
|Assured Guaranty's (AGO) Buy Rating Reiterated at MKM Partners|
www.americanbankingnews.com - October 5 at 3:38 PM
|Puerto Rico benchmark bond drops to record low after Trump remark|
finance.yahoo.com - October 5 at 1:01 PM
|Puerto Rico Bonds Slide as Trump Says ‘Goodbye’ to Territory’s Debt|
www.wsj.com - October 4 at 2:50 PM
|Puerto Rico bonds collapse after Trump says its debt needs to be wiped out|
finance.yahoo.com - October 4 at 2:50 PM
|Hartford mayor tells bondholders of dire fiscal status|
finance.yahoo.com - October 2 at 3:24 PM
|[$$] As Hartford Mulls Bankruptcy, Bond Insurer Offers to Help Postpone Payments|
finance.yahoo.com - October 2 at 3:24 PM
|[$$] Hartford Downgraded Further Into Junk Status|
finance.yahoo.com - October 2 at 3:24 PM
|Hartford bond insurers hire long-time public finance turnaround pro|
finance.yahoo.com - October 2 at 3:24 PM
|Apparel Producers: Which Are The Best Wealth-Builders Now?|
seekingalpha.com - September 29 at 3:11 PM
|Assured Guaranty Releases Statement Regarding Hartford, Connecticut|
finance.yahoo.com - September 29 at 3:11 PM
|Head to Head Contrast: Assured Guaranty (AGO) vs. The Navigators Group (NAVG)|
www.americanbankingnews.com - September 21 at 6:18 PM
|First American Corporation (The) (FAF) versus Assured Guaranty (AGO) Head-To-Head Contrast|
www.americanbankingnews.com - September 17 at 6:16 AM
|HCI Group (HCII) vs. Assured Guaranty (AGO) Critical Review|
www.americanbankingnews.com - September 15 at 12:20 AM
|IBD Rating Upgrades: Assured Guaranty Flashes Improved Price Strength|
finance.yahoo.com - September 11 at 9:26 PM
|Comparing Arch Capital Group (ACGL) & Assured Guaranty (AGO)|
www.americanbankingnews.com - September 11 at 4:22 AM
|Assured Guaranty (AGO) Reports Acquisition of Minority Interest in Wasmer, Schroeder & Co.|
www.streetinsider.com - September 6 at 3:33 PM
|Assured Guaranty Acquires Interest in Wasmer, Schroeder & Company – Establishing Credit and Investment Management Relationship|
finance.yahoo.com - September 6 at 3:33 PM
|Assured Guaranty Becomes Oversold|
www.nasdaq.com - August 30 at 2:01 AM
|See what the IHS Markit Score report has to say about Assured Guaranty Ltd.|
finance.yahoo.com - August 10 at 1:56 AM
|Assured Guaranty Files Adversary Complaint Challenging PREPA’s Failure to Remit Special Revenue Bond Collateral For the Payment of its Bonds|
finance.yahoo.com - August 8 at 3:35 PM
|Assured Guaranty Ltd. :AGO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017|
finance.yahoo.com - August 7 at 4:33 PM
|Edited Transcript of AGO earnings conference call or presentation 3-Aug-17 12:00pm GMT|
finance.yahoo.com - August 3 at 9:42 PM
|Investor Network: ASSURED GUARANTY LTD to Host Earnings Call|
finance.yahoo.com - August 3 at 4:42 PM
Assured Guaranty (NYSE AGO) Chart for Monday, November, 20, 2017