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
Industry Surety insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNYSE:AGO
CUSIPG0585R10
Phone441-279-5700
Debt
Debt-to-Equity Ratio0.19
Current Ratio0.53
Quick Ratio0.53
Price-To-Earnings
Trailing P/E Ratio7.99
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.74 billion
Price / Sales2.36
Cash Flow$5.2460 per share
Price / Cash6.95
Book Value$58.23 per share
Price / Book0.63
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$730 million
Net Margins40.53%
Return on Equity7.97%
Return on Assets3.76%
Miscellaneous
Employees310
Outstanding Shares112,360,000
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, May 2nd. Investors of record on Wednesday, May 16th will be paid a dividend of $0.16 per share on Wednesday, May 30th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Tuesday, May 15th. View Assured Guaranty's Dividend History.
How will Assured Guaranty's stock buyback program work?
Assured Guaranty announced that its Board of Directors has authorized a share buyback program on Saturday, November 4th 2017, which allows the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.
How were Assured Guaranty's earnings last quarter?
Assured Guaranty Ltd. (NYSE:AGO) issued its quarterly earnings data on Thursday, May, 3rd. The financial services provider reported $1.33 EPS for the quarter, topping the consensus estimate of $0.67 by $0.66. The financial services provider had revenue of $293 million for the quarter, compared to the consensus estimate of $233.87 million. Assured Guaranty had a net margin of 40.53% and a return on equity of 7.97%. The company's quarterly revenue was down 44.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.14 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?
4 equities research analysts have issued 1-year price targets for Assured Guaranty's shares. Their forecasts range from $47.00 to $51.00. On average, they expect Assured Guaranty's share price to reach $48.3333 in the next year. View Analyst Ratings for Assured Guaranty.
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)
Has Assured Guaranty been receiving favorable news coverage?
Media headlines about AGO stock have been trending somewhat negative this week, Accern reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Assured Guaranty earned a media sentiment score of -0.07 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 46.89 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Assured Guaranty's major shareholders?
Assured Guaranty's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.44%), Dimensional Fund Advisors LP (3.48%), Thrivent Financial for Lutherans (3.01%), Principal Financial Group Inc. (1.92%), Principal Financial Group Inc. (1.92%) and Seizert Capital Partners LLC (1.68%). Company insiders that own Assured Guaranty stock include Dominic Frederico and Howard Albert. View Institutional Ownership Trends for Assured Guaranty.
Which major investors are selling Assured Guaranty stock?
AGO stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Schroder Investment Management Group, Chicago Equity Partners LLC, Wells Fargo & Company MN, Dimensional Fund Advisors LP, New York State Common Retirement Fund, Burney Co. and Allianz Asset Management GmbH. 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.
Which major investors are buying Assured Guaranty stock?
AGO stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Principal Financial Group Inc., OppenheimerFunds Inc., Millennium Management LLC, Russell Investments Group Ltd., The Manufacturers Life Insurance Company, Venor Capital Management LP and Thrivent Financial for Lutherans. 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 $36.46.
How big of a company is Assured Guaranty?
Assured Guaranty has a market capitalization of $4.09 billion and generates $1.74 billion in revenue each year. Assured Guaranty employs 310 workers across the globe.
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 (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.
