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
SymbolNYSE:AGO
CUSIPG0585R10
Phone441-279-5700
Debt
Debt-to-Equity Ratio0.19
Current Ratio0.56
Quick Ratio0.56
Price-To-Earnings
Trailing P/E Ratio10.12
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.74 billion
Price / Sales2.62
Cash Flow$5.3734 per share
Price / Cash7.82
Book Value$58.23 per share
Price / Book0.72
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$730 million
Net Margins37.52%
Return on Equity7.02%
Return on Assets3.33%
Miscellaneous
Employees310
Outstanding Shares108,390,000
Market Cap$4.44 billion
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 declared a quarterly dividend on Wednesday, August 1st. Investors of record on Wednesday, August 15th will be paid a dividend of $0.16 per share on Wednesday, August 29th. This represents a $0.64 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date of this dividend is Tuesday, August 14th. 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 stock buyback program on Saturday, November 4th 2017, which authorizes the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.
How were Assured Guaranty's earnings last quarter?
Assured Guaranty Ltd. (NYSE:AGO) posted its quarterly earnings data on Wednesday, August, 1st. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.74 by $0.08. The financial services provider earned $221 million during the quarter, compared to the consensus estimate of $236.91 million. Assured Guaranty had a net margin of 37.52% and a return on equity of 7.02%. Assured Guaranty's quarterly revenue was down 28.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.16 EPS. 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 12-month target prices for Assured Guaranty's stock. Their forecasts range from $47.00 to $51.00. On average, they expect Assured Guaranty's share price to reach $48.6667 in the next year. This suggests a possible upside of 15.8% from the stock's current price. View Analyst Price Targets for Assured Guaranty.
What is the consensus analysts' recommendation for Assured Guaranty?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Assured Guaranty in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 stories about AGO stock have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Assured Guaranty earned a coverage optimism score of 0.11 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 45.54 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Assured Guaranty.
Who are Assured Guaranty's major shareholders?
Assured Guaranty's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.34%), Putnam Investments LLC (6.07%), Dimensional Fund Advisors LP (3.50%), Fuller & Thaler Asset Management Inc. (1.88%), Boston Partners (1.65%) and Kahn Brothers Group Inc. DE (1.12%). 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 Millennium Management LLC, OppenheimerFunds Inc., Russell Investments Group Ltd., Renaissance Technologies LLC, Wells Fargo & Company MN, Schwab Charles Investment Management Inc., Putnam Investments LLC and Denali Advisors 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.
Which major investors are buying Assured Guaranty stock?
AGO stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Boston Partners, EJF Capital LLC, CarVal Investors LLC, Zweig DiMenna Associates LLC, Federated Investors Inc. PA, Los Angeles Capital Management & Equity Research Inc. and Boston Advisors LLC. 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 $42.02.
How big of a company is Assured Guaranty?
Assured Guaranty has a market capitalization of $4.44 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 (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.
