NYSE:ARGO Argo Group International - ARGO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Argo Group International Holdings, Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. $27.04 -0.06 (-0.22%) (As of 01/30/2023 12:25 PM ET) Add Compare Share Share Today's Range$26.92▼$27.2750-Day Range$25.12▼$27.6052-Week Range$19.00▼$57.22Volume43,298 shsAverage Volume120,574 shsMarket Capitalization$948.02 millionP/E RatioN/ADividend Yield4.58%Price Target$36.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Argo Group International MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside35.7% Upside$36.75 Price TargetShort InterestHealthy0.71% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.97Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth215.79%From $0.95 to $3.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.09 out of 5 starsFinance Sector30th out of 891 stocksTitle Insurance Industry1st out of 6 stocks 3.3 Analyst's Opinion Consensus RatingArgo Group International has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $36.75, Argo Group International has a forecasted upside of 35.7% from its current price of $27.08.Amount of Analyst CoverageArgo Group International has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.71% of the float of Argo Group International has been sold short.Short Interest Ratio / Days to CoverArgo Group International has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Argo Group International has recently decreased by 13.22%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipArgo Group International is a leading dividend payer. It pays a dividend yield of 4.58%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthArgo Group International does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Argo Group International will have a dividend payout ratio of 41.33% next year. This indicates that Argo Group International will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ARGO. Previous Next 3.9 News and Social Media Coverage News SentimentArgo Group International has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Argo Group International this week, compared to 2 articles on an average week.Search Interest1 people have searched for ARGO on MarketBeat in the last 30 days. MarketBeat Follows2 people have added Argo Group International to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Argo Group International insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Argo Group International is held by insiders.Percentage Held by Institutions89.92% of the stock of Argo Group International is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Argo Group International are expected to grow by 215.79% in the coming year, from $0.95 to $3.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Argo Group International is -4.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Argo Group International is -4.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioArgo Group International has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Argo Group International (NYSE:ARGO) StockArgo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S. Operations and International Operations. It offers primary and excess specialty casualty, general liability, commercial multi-peril, and workers compensation, as well as product, environmental, and auto liability insurance products; management liability, transaction liability, and errors and omissions liability insurance; primary and excess property, inland marine, and auto physical damage insurance; and surety, animal mortality, and ocean marine insurance products. The company also provides directors and officers liability, errors and omissions liability, and employment practices liability insurance; international casualty and motor treaties insurance; professional indemnity and medical malpractice insurance; direct and facultative excess insurance, North American and international binders, and residential collateral protection for lending institutions; and personal accident, aviation, cargo, yachts, and onshore and offshore marine insurance products. It markets its products through wholesale and retail agents, managing general agents, brokers, and third-party intermediaries. The company was founded in 1948 and is headquartered in Pembroke, Bermuda.Read More Receive ARGO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Argo Group International and its competitors with MarketBeat's FREE daily newsletter. Email Address ARGO Stock News HeadlinesJanuary 24, 2023 | marketwatch.comGlobal Medical Lifting Sling Market Size and Outlook 2023 by Market Production, Types, Applications, Trends and Forecast to 2025January 24, 2023 | americanbankingnews.comShort Interest in Argo Group International Holdings, Ltd. (NYSE:ARGO) Declines By 5.1%January 30, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. January 19, 2023 | marketwatch.comTrade Credit Insurance Market Size 2028 Size Estimation, New Investment Opportunities with Top Countries DataDecember 22, 2022 | finance.yahoo.comIs it Time to Add Argo Group (ARGO) Stock to Your Portfolio?December 20, 2022 | finance.yahoo.comShould Value Investors Buy Argo Group (ARGO) Stock?December 12, 2022 | finance.yahoo.comArgo Group Confirms Withdrawal of Nominations by Capital Returns MasterDecember 6, 2022 | wsj.comARGO GROUP INVESTORS: December 19 Plaintiff Deadline in Securities Fraud Class Action -- Contact Lieff CabraserJanuary 30, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 5, 2022 | finance.yahoo.comLeading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend that Argo Shareholders Vote "FOR" All Seven of Argo’s Highly Qualified Director NomineesNovember 29, 2022 | finance.yahoo.comArgo Group Mails Letter to Shareholders Setting the Record Straight on Capital Returns’ Many Naïve and False ClaimsNovember 24, 2022 | benzinga.comArgo Deadline AlertNovember 24, 2022 | benzinga.comARGO LAWSUIT ALERT: Levi & Korsinsky Notifies Argo Group International Holdings, Ltd. Investors of a Class Action Lawsuit and Upcoming DeadlineNovember 22, 2022 | finance.yahoo.comArgo Group International Holdings (NYSE:ARGO) Is Due To Pay A Dividend Of $0.31November 18, 2022 | finance.yahoo.comArgo Files Investor Presentation Highlighting Transformation into a Leading U.S. Specialty Insurer and Comprehensive, Ongoing Strategic Alternatives ProcessNovember 16, 2022 | finance.yahoo.comCORRECTING and REPLACING Argo Group Highlights Comprehensive Ongoing Strategic Review Process in Letter to ShareholdersNovember 15, 2022 | finance.yahoo.comCapital Returns Releases Investor Presentation Describing the Compelling Case for Board Change at Argo GroupNovember 12, 2022 | seekingalpha.comArgo Group International Holdings, Ltd. (ARGO) Q3 2022 Earnings Call TranscriptNovember 12, 2022 | benzinga.comARGO GROUP SHAREHOLDER ALERT BY FORMER LOUISIANA...November 9, 2022 | finance.yahoo.comEnstar Completes Loss Portfolio Transfer With ArgoNovember 9, 2022 | finance.yahoo.comArgo Group Mails Letter to Shareholders Highlighting the Strength of its Refreshed, Highly Qualified BoardNovember 4, 2022 | finance.yahoo.comCCC Intelligent Solutions Holdings Inc. (CCCS) Misses Q3 Earnings EstimatesNovember 2, 2022 | finance.yahoo.comSelective Insurance (SIGI) Q3 Earnings Lag EstimatesNovember 2, 2022 | reuters.comFord's shuttered unit argo lays off 78 employees in Austin -govt noticeNovember 2, 2022 | benzinga.comCLASS ACTION UPDATE for BCS, SQ and ARGO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of ShareholdersNovember 1, 2022 | finance.yahoo.comHanover Insurance Group (THG) Q3 Earnings and Revenues Top EstimatesNovember 1, 2022 | finance.yahoo.comCapital Returns Urges Shareholders to Vote for Change at Argo Group's 2022 Annual General Meeting by Electing Its Two Highly Qualified CandidatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ARGO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Argo Group International and its competitors with MarketBeat's FREE daily newsletter. Email Address ARGO Company Calendar Last Earnings11/07/2022Ex-Dividend for 12/15 Dividend11/29/2022Dividend Payable12/15/2022Today1/30/2023Next Earnings (Estimated)2/28/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Title insurance Sub-IndustryN/A SectorFinance Current SymbolNYSE:ARGO CUSIPN/A CIK1091748 Webwww.argolimited.com Phone(441) 296-5858Fax441-296-6162Employees1,290Year FoundedN/APrice Target and Rating Average Stock Price Forecast$36.75 High Stock Price Forecast$45.00 Low Stock Price Forecast$28.50 Forecasted Upside/Downside+35.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($5.53) Trailing P/E RatioN/A Forward P/E Ratio28.46 P/E GrowthN/ANet Income$6.70 million Net Margins-9.58% Pretax Margin-9.34% Return on Equity2.59% Return on Assets0.36% Debt Debt-to-Equity Ratio0.34 Current Ratio0.56 Quick Ratio0.56 Sales & Book Value Annual Sales$2.13 billion Price / Sales0.44 Cash Flow$2.73 per share Price / Cash Flow9.91 Book Value$45.63 per share Price / Book0.59Miscellaneous Outstanding Shares35,060,000Free Float34,705,000Market Cap$948.02 million OptionableNot Optionable Beta0.99 Key ExecutivesMr. Thomas A. Bradley (Age 66)CEO & Exec. Chairman Comp: $232kMr. Scott Kirk (Age 49)Chief Financial Officer Comp: $1.42MMs. Susan Beth Comparato (Age 54)Chief Admin. Officer Comp: $734.32kMs. Allison D. Kiene R.Ph. ESQ. (Age 56)Gen. Counsel & Sec. Comp: $1.01MMr. Mark H. RoseChief Investment OfficerDavid ChanChief Accounting OfficerGregory CharpentierAVP of Investor Relations & Corp. Fin.Andrew HersomHead of Investor RelationsMr. David SnowdenSr. VP of Group CommunicationsMr. James B. Halliday (Age 73)Sr. VP More ExecutivesKey CompetitorsStewart Information ServicesNYSE:STCInvestors TitleNASDAQ:ITICConnectOne BancorpNASDAQ:CNOBCenterspaceNYSE:CSRThe RMR GroupNASDAQ:RMRView All CompetitorsInsiders & InstitutionsDupont Capital Management CorpSold 813 shares on 1/26/2023Ownership: 0.022%Allspring Global Investments Holdings LLCSold 2,647 shares on 1/23/2023Ownership: 0.034%Clear Harbor Asset Management LLCSold 3,550 shares on 1/20/2023Ownership: 0.088%Pendal Group LtdSold 3,000 shares on 1/19/2023Ownership: 0.057%Diversified Trust CoSold 774 shares on 1/17/2023Ownership: 0.032%View All Institutional Transactions ARGO Stock - Frequently Asked Questions Should I buy or sell Argo Group International stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Argo Group International in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ARGO shares. View ARGO analyst ratings or view top-rated stocks. What is Argo Group International's stock price forecast for 2023? 2 Wall Street research analysts have issued 1 year price objectives for Argo Group International's stock. Their ARGO share price forecasts range from $28.50 to $45.00. On average, they expect the company's share price to reach $36.75 in the next twelve months. This suggests a possible upside of 35.8% 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 shares have increased by 4.7% and is now trading at $27.07. View the best growth stocks for 2023 here. Are investors shorting Argo Group International? Argo Group International saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 270,800 shares, a decrease of 5.1% from the December 15th total of 285,300 shares. Based on an average daily trading volume, of 184,200 shares, the short-interest ratio is currently 1.5 days. Currently, 0.8% of the shares of the stock 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 Tuesday, February 28th 2023. View our ARGO earnings forecast. How were Argo Group International's earnings last quarter? Argo Group International Holdings, Ltd. (NYSE:ARGO) posted its quarterly earnings results on Monday, November, 7th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.13) by $2.57. The firm earned $489 million during the quarter, compared to analyst estimates of $505.60 million. Argo Group International had a negative net margin of 9.58% and a positive trailing twelve-month return on equity of 2.59%. How often does Argo Group International pay dividends? What is the dividend yield for Argo Group International? Argo Group International announced a quarterly dividend on Friday, November 4th. Stockholders of record on Wednesday, November 30th will be paid a dividend of $0.31 per share on Thursday, December 15th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.58%. The ex-dividend date of this dividend is Tuesday, November 29th. Read our dividend analysis for ARGO. 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 4.58%. 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 variety of institutional and retail investors. Top institutional shareholders include Clear Harbor Asset Management LLC (0.09%), Mutual Advisors LLC (0.08%), Pendal Group Ltd (0.06%), First Hawaiian Bank (0.05%), Allspring Global Investments Holdings LLC (0.03%) and Diversified Trust Co (0.03%). Insiders that own company stock include Kevin James Rehnberg, Samuel G Liss and Thomas A Bradley. 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 $27.07. How much money does Argo Group International make? Argo Group International (NYSE:ARGO) has a market capitalization of $949.07 million and generates $2.13 billion in revenue each year. The company earns $6.70 million in net income (profit) each year or ($5.53) on an earnings per share basis. How many employees does Argo Group International have? The company employs 1,290 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 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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