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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
This Could Be THE Watershed Moment of Our Financial Lives (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Former Deutsche Bank Co-CEO Anshu Jain dies
Average 126% gains – NO losers!?   (Ad)pixel
High oil prices help Saudi Aramco earn $88B in first half
Germans urged to cap heat in offices this winter to save gas
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Apple’s Next “Star Product” Could Replace The iPhone? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
This Could Be THE Watershed Moment of Our Financial Lives (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Former Deutsche Bank Co-CEO Anshu Jain dies
Average 126% gains – NO losers!?   (Ad)pixel
High oil prices help Saudi Aramco earn $88B in first half
Germans urged to cap heat in offices this winter to save gas
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Apple’s Next “Star Product” Could Replace The iPhone? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
This Could Be THE Watershed Moment of Our Financial Lives (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Former Deutsche Bank Co-CEO Anshu Jain dies
Average 126% gains – NO losers!?   (Ad)pixel
High oil prices help Saudi Aramco earn $88B in first half
Germans urged to cap heat in offices this winter to save gas
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Apple’s Next “Star Product” Could Replace The iPhone? (Ad)pixel
NYSE:ARGO

Argo Group International - ARGO Stock Forecast, Price & News

$22.24
+0.16 (+0.72%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$21.51
$22.65
50-Day Range
$22.08
$43.73
52-Week Range
$21.51
$61.29
Volume
864,178 shs
Average Volume
230,407 shs
Market Capitalization
$777.47 million
P/E Ratio
8.27
Dividend Yield
5.62%
Price Target
$30.67

Argo Group International MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
37.9% Upside
$30.67 Price Target
Short Interest
Healthy
1.20% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.39mentions of Argo Group International in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.14%
From $3.92 to $4.20 Per Share

Overall MarketRank

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

2.91 out of 5 stars

Finance Sector

107th out of 926 stocks

Title Insurance Industry

1st out of 6 stocks

ARGO stock logo

About Argo Group International (NYSE:ARGO) Stock

Argo 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.

Analysts Set New Price Targets

ARGO has been the subject of a number of research analyst reports. Raymond James downgraded shares of Argo Group International from an "outperform" rating to a "market perform" rating in a research report on Wednesday. Compass Point cut Argo Group International from a "buy" rating to a "neutral" rating and set a $35.00 price objective on the stock. in a research report on Tuesday, August 9th.

Argo Group International Stock Up 0.7 %

Shares of ARGO Stock opened at $22.24 on Friday. The company has a market capitalization of $777.47 million, a price-to-earnings ratio of 8.27 and a beta of 0.91. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.54 and a quick ratio of 0.54. The company's fifty day moving average price is $35.01 and its 200-day moving average price is $40.05. Argo Group International has a one year low of $21.51 and a one year high of $61.29.

Argo Group International (NYSE:ARGO - Get Rating) last posted its quarterly earnings results on Monday, August 8th. The company reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.12 by ($0.23). Argo Group International had a net margin of 4.95% and a return on equity of 5.40%. During the same period in the prior year, the firm earned $1.60 EPS. Sell-side analysts expect that Argo Group International will post 3.92 EPS for the current fiscal year.

Argo Group International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Wednesday, August 31st will be issued a $0.31 dividend. The ex-dividend date of this dividend is Tuesday, August 30th. This represents a $1.24 dividend on an annualized basis and a yield of 5.58%. Argo Group International's dividend payout ratio is presently 46.10%.

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ARGO Stock News Headlines

Argo Group International (NYSE:ARGO) Stock Price Down 4.9%
Argo Group Reports Second Quarter 2022 Results
Argo Group International Holdings Ltd
Is Argo Group (ARGO) Stock Undervalued Right Now?
Is Argo Group (ARGO) a Great Value Stock Right Now?
Argo Living Soils Corp. Provides Corporate Update
See More Headlines
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ARGO Company Calendar

Ex-Dividend for 6/15 Dividend
5/27/2022
Dividend Payable
6/15/2022
Last Earnings
8/08/2022
Today
8/14/2022
Ex-Dividend for 9/15 Dividend
8/30/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Title insurance
Sub-Industry
N/A
Sector
Finance
Employees
1,273
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$30.67
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+37.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-54,100,000.00
Pretax Margin
6.52%

Debt

Sales & Book Value

Annual Sales
$1.89 billion
Cash Flow
$0.18 per share
Book Value
$49.41 per share

Miscellaneous

Free Float
34,524,000
Market Cap
$777.47 million
Optionable
Not Optionable
Beta
0.91

Key Executives

  • Mr. Thomas A. Bradley (Age 65)
    CEO & Exec. Chairman
    Comp: $232k
  • Mr. Scott Kirk (Age 48)
    CFO & Principal Accounting Officer
    Comp: $1.42M
  • Ms. Susan Beth Comparato (Age 53)
    Chief Admin. Officer
    Comp: $734.32k
  • Ms. Allison D. Kiene R.Ph. ESQ. (Age 55)
    Gen. Counsel & Sec.
    Comp: $1.01M
  • Mr. Mark H. Rose
    Chief Investment Officer
  • Gregory Charpentier
    AVP of Investor Relations & Corp. Fin.
  • Andrew Hersom
    Head of Investor Relations
  • Mr. David Snowden
    Sr. VP of Group Communications
  • Mr. James B. Halliday (Age 72)
    Sr. VP
  • Mr. Marsh Duncan
    Pres of Excess & Surplus













ARGO Stock - Frequently Asked Questions

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

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Argo Group International in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 2022?

3 Wall Street analysts have issued twelve-month price objectives for Argo Group International's shares. Their ARGO share price forecasts range from $12.00 to $45.00. On average, they expect the company's share price to reach $30.67 in the next twelve months. This suggests a possible upside of 37.9% 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 2022?

Argo Group International's stock was trading at $58.11 at the beginning of 2022. Since then, ARGO stock has decreased by 61.7% and is now trading at $22.24.
View the best growth stocks for 2022 here
.

When is Argo Group International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our ARGO earnings forecast
.

How were Argo Group International's earnings last quarter?

Argo Group International Holdings, Ltd. (NYSE:ARGO) issued its quarterly earnings data on Monday, August, 8th. The company reported $0.89 EPS for the quarter, missing analysts' consensus estimates of $1.12 by $0.23. Argo Group International had a trailing twelve-month return on equity of 5.40% and a net margin of 4.95%. During the same period in the prior year, the business posted $1.60 earnings per share.

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 Monday, August 8th. Shareholders of record on Wednesday, August 31st will be paid a dividend of $0.31 per share on Thursday, September 15th. This represents a $1.24 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date of this dividend is Tuesday, August 30th.
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 5.62%. ARGO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 46.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARGO will have a dividend payout ratio of 29.52% next year. This indicates that the company will be able to sustain or increase its dividend.
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 retail and institutional investors. Top institutional investors include Pzena Investment Management LLC (3.68%), Frontier Capital Management Co. LLC (3.66%), William Blair Investment Management LLC (2.63%), Kennedy Capital Management Inc. (1.36%), Burgundy Asset Management Ltd. (1.23%) and Northern Trust Corp (1.10%). 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 $22.24.

How much money does Argo Group International make?

Argo Group International (NYSE:ARGO) has a market capitalization of $777.47 million and generates $1.89 billion in revenue each year. The company earns $-54,100,000.00 in net income (profit) each year or $2.69 on an earnings per share basis.

How many employees does Argo Group International have?

The company employs 1,273 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 8/14/2022 by MarketBeat.com Staff

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