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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Laser breakthrough could send stock soaring 2,467% (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
Laser breakthrough could send stock soaring 2,467% (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
BREAKING: Tiny biotech successfully treats blindness (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Laser breakthrough could send stock soaring 2,467% (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
Laser breakthrough could send stock soaring 2,467% (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
BREAKING: Tiny biotech successfully treats blindness (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Laser breakthrough could send stock soaring 2,467% (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
Laser breakthrough could send stock soaring 2,467% (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
BREAKING: Tiny biotech successfully treats blindness (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
NYSE:ARGO

Argo Group International (ARGO) Stock Forecast, Price & News

$29.35
+0.01 (+0.03%)
(As of 06/6/2023 ET)
Compare
Today's Range
$29.32
$29.36
50-Day Range
$29.25
$29.43
52-Week Range
$19.00
$43.82
Volume
186,814 shs
Average Volume
583,570 shs
Market Capitalization
$1.03 billion
P/E Ratio
N/A
Dividend Yield
4.22%
Price Target
$37.50

Argo Group International MarketRank™ Forecast

Analyst Rating
Hold
1.50 Rating Score
Upside/​Downside
27.8% Upside
$37.50 Price Target
Short Interest
Healthy
6.28% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
19.30%
From $2.85 to $3.40 Per Share

Overall MarketRank

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

2.59 out of 5 stars

Finance Sector

253rd out of 859 stocks

Title Insurance Industry

3rd out of 6 stocks


ARGO stock logo

About Argo Group International (NYSE:ARGO) Stock

Argo Group International Holdings Ltd. engages in the provision of underwriting property and casualty insurance and reinsurance products. It operates through the following segments: U.S. Operations, International Operations, and Run-off Lines. The U.S. Operations segment include distribution through retail, wholesale, and managing general brokers/agents in the specialty insurance market. The International Operations segment involves in the insurance risks through the broker market, focusing on specialty property insurance, property catastrophe reinsurance, primary/excess casualty, professional liability and marine, and energy insurance. The Run-off Lines segment comprises liabilities associated with discontinued lines previously underwritten by the insurance subsidiaries. The company was founded in 1957 and is headquartered in Pembroke, Bermuda.

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ARGO Stock News Headlines

The Stock That's Brining Lithium Back To America!
The American Energy Crisis Is Very Real And This Stock Is Solving That Problem On U.S Soil
The Stock That's Brining Lithium Back To America!
The American Energy Crisis Is Very Real And This Stock Is Solving That Problem On U.S Soil
Argo Group Reports First Quarter 2023 Results
See More Headlines

ARGO Price History

ARGO Company Calendar

Last Earnings
5/08/2023
Today
6/06/2023
Next Earnings (Estimated)
8/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Title insurance
Sub-Industry
N/A
Sector
Finance
Employees
1,224
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$37.50
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+27.8%
Consensus Rating
Hold
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$-175,200,000.00
Pretax Margin
-10.44%

Debt

Sales & Book Value

Annual Sales
$1.68 billion
Cash Flow
$0.39 per share
Book Value
$31.06 per share

Miscellaneous

Free Float
34,742,000
Market Cap
$1.03 billion
Optionable
Not Optionable
Beta
1.03

Key Executives

  • Thomas A. Bradley
    Executive Chairman & Chief Executive Officer
  • Jessica Elizabeth Synder
    President
  • Scott Kirk
    Chief Financial Officer & Executive Vice President
  • Mark H. Rose
    Chief Investment Officer & Senior Vice President
  • Barbara L. Sutherland
    Senior Vice President













ARGO Stock - Frequently Asked Questions

Should I buy or sell Argo Group International stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Argo Group International in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ARGO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARGO, but not buy additional shares or sell existing shares.
View ARGO analyst ratings
or view top-rated stocks.

What is Argo Group International's stock price forecast for 2023?

2 brokerages have issued 1 year price targets for Argo Group International's shares. Their ARGO share price forecasts range from $30.00 to $45.00. On average, they predict the company's stock price to reach $37.50 in the next twelve months. This suggests a possible upside of 27.8% from the stock's current price.
View analysts price targets for ARGO
or view top-rated stocks among Wall Street analysts.

How have ARGO shares performed in 2023?

Argo Group International's stock was trading at $25.85 at the beginning of 2023. Since then, ARGO stock has increased by 13.5% and is now trading at $29.35.
View the best growth stocks for 2023 here
.

Are investors shorting Argo Group International?

Argo Group International saw a drop in short interest in April. As of April 30th, there was short interest totaling 3,240,000 shares, a drop of 9.0% from the April 15th total of 3,560,000 shares. Based on an average daily volume of 809,900 shares, the days-to-cover ratio is presently 4.0 days. Approximately 9.7% of the shares of the company are short sold.
View Argo Group International's Short Interest
.

When is Argo Group International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our ARGO earnings forecast
.

How were Argo Group International's earnings last quarter?

Argo Group International Holdings, Ltd. (NYSE:ARGO) released its quarterly earnings data on Monday, May, 8th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.80 by $1.11. The firm earned $419.60 million during the quarter, compared to analysts' expectations of $461.90 million. Argo Group International had a negative net margin of 9.98% and a positive trailing twelve-month return on equity of 0.06%.

How often does Argo Group International pay dividends? What is the dividend yield for Argo Group International?

Argo Group International declared a quarterly dividend on Friday, November 4th. Investors of record on Wednesday, November 30th will be given a dividend of $0.31 per share on Thursday, December 15th. This represents a $1.24 annualized dividend and a dividend yield of 4.22%. The ex-dividend date of this dividend is Tuesday, November 29th.
Read our dividend analysis for ARGO
.

What ETFs hold Argo Group International's stock?
Is Argo Group International a good dividend stock?

Argo Group International (NYSE:ARGO) pays an annual dividend of $1.24 per share and currently has a dividend yield of 4.20%. ARGO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for ARGO.

What is Kevin Rehnberg's approval rating as Argo Group International's CEO?

19 employees have rated Argo Group International Chief Executive Officer Kevin Rehnberg on Glassdoor.com. Kevin Rehnberg has an approval rating of 91% among the company's employees. This puts Kevin Rehnberg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What is Argo Group International's stock symbol?

Argo Group International trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARGO."

Who are Argo Group International's major shareholders?

Argo Group International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FourWorld Capital Management LLC (7.84%), BlackRock Inc. (7.40%), Dimensional Fund Advisors LP (6.13%), Pzena Investment Management LLC (4.70%), Corbin Capital Partners L.P. (3.88%) and Van Lanschot Kempen Investment Management N.V. (3.55%).
View institutional ownership trends
.

How do I buy shares of Argo Group International?

Shares of ARGO 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 Argo Group International's stock price today?

One share of ARGO stock can currently be purchased for approximately $29.35.

How much money does Argo Group International make?

Argo Group International (NYSE:ARGO) has a market capitalization of $1.03 billion and generates $1.68 billion in revenue each year. The company earns $-175,200,000.00 in net income (profit) each year or ($6.24) on an earnings per share basis.

How many employees does Argo Group International have?

The company employs 1,224 workers across the globe.

How can I contact Argo Group International?

Argo Group International's mailing address is 110 PITTS BAY ROAD, PEMBROKE D0, HM 08. The official website for the company is www.argolimited.com. The company can be reached via phone at (441) 296-5858, via email at ir@argolimited.com, or via fax at 441-296-6162.

This page (NYSE:ARGO) was last updated on 6/7/2023 by MarketBeat.com Staff

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