NYSE:ARGO Argo Group International (ARGO) Stock Forecast, Price & News $29.35 +0.03 (+0.10%) (As of 06/2/2023 08:47 PM ET) Add Compare Share Share Today's Range$29.34▼$29.4650-Day Range$29.25▼$29.4352-Week Range$19.00▼$44.18Volume246,100 shsAverage Volume590,625 shsMarket Capitalization$1.03 billionP/E RatioN/ADividend Yield4.22%Price Target$37.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Argo Group International MarketRank™ ForecastAnalyst RatingHold1.50 Rating ScoreUpside/Downside27.8% Upside$37.50 Price TargetShort InterestHealthy6.28% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth19.30%From $2.85 to $3.40 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.2.69 out of 5 starsFinance Sector314th out of 871 stocksTitle Insurance Industry4th out of 6 stocks 2.8 Analyst's Opinion Consensus RatingArgo Group International has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.50, Argo Group International has a forecasted upside of 27.8% from its current price of $29.35.Amount of Analyst CoverageArgo Group International has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted6.28% of the outstanding shares of Argo Group International have been sold short.Short Interest Ratio / Days to CoverArgo Group International has a short interest ratio ("days to cover") of 3.3, 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 31.79%, 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 4.20%, 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 36.47% 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 2.8 News and Social Media Coverage News SentimentArgo Group International has a news sentiment score of 1.00. 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 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Argo Group International this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for ARGO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows1 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 19.30% in the coming year, from $2.85 to $3.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Argo Group International is -5.53, 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 -5.53, 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 0.94. 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. 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.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 HeadlinesMay 27, 2023 | americanbankingnews.comArgo Group International (NASDAQ:ARGO) Now Covered by StockNews.comMay 25, 2023 | msn.comArgo Group to join hands with Trisura GroupJune 5, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 13, 2023 | americanbankingnews.comArgo Group International (NASDAQ:ARGO) Receives New Coverage from Analysts at StockNews.comMay 10, 2023 | americanbankingnews.comArgo Group International (NASDAQ:ARGO) Sees Unusually-High Trading VolumeMay 10, 2023 | americanbankingnews.comArgo Group International (NYSE:ARGO) Sees Strong Trading VolumeMay 8, 2023 | finance.yahoo.comArgo Group (ARGO) Reports Q1 Loss, Misses Revenue EstimatesMay 8, 2023 | msn.comArgo Group International Non-GAAP EPS of -$0.31 misses by $1.24, revenue of $401.7M misses by $36.25MJune 5, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 8, 2023 | finance.yahoo.comArgo Group Reports First Quarter 2023 ResultsMay 4, 2023 | msn.comScoot McNairy To ‘Speak No Evil’ For Blumhouse & UniversalMay 4, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Allstate (ALL), Rayonier (RYN) and Zillow Group Class C (Z)May 3, 2023 | americanbankingnews.comShort Interest in Argo Group International Holdings, Ltd. (NYSE:ARGO) Increases By 10.2%May 2, 2023 | finance.yahoo.comCCC Intelligent Solutions Holdings Inc. (CCCS) Matches Q1 Earnings EstimatesMay 2, 2023 | finance.yahoo.comCCC Intelligent Solutions Holdings Inc. (CCCS) Matches Q1 Earnings EstimatesMay 1, 2023 | americanbankingnews.comArgo Group International (ARGO) Set to Announce Earnings on MondayApril 27, 2023 | finance.yahoo.comMidWestOne (MOFG) Lags Q1 Earnings and Revenue EstimatesApril 24, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Argo Group International (NASDAQ:ARGO)April 20, 2023 | finance.yahoo.comArgo Group Schedules First Quarter 2023 Earnings ReleaseApril 19, 2023 | finance.yahoo.comArgo Group Shareholders Approve Proposed Merger with Brookfield ReinsuranceApril 16, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Argo Group International (NYSE:ARGO)April 14, 2023 | americanbankingnews.comArgo Group International (NASDAQ:ARGO) Coverage Initiated by Analysts at StockNews.comApril 13, 2023 | americanbankingnews.comArgo Group International (NYSE:ARGO) Coverage Initiated by Analysts at StockNews.comApril 12, 2023 | americanbankingnews.comArgo Group International (NYSE:ARGO) Coverage Initiated at StockNews.comApril 10, 2023 | americanbankingnews.comArgo Group International (NASDAQ:ARGO) Research Coverage Started at StockNews.comApril 8, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Argo Group International (NYSE:ARGO)April 5, 2023 | americanbankingnews.comArgo Group International (NYSE:ARGO) Earns Hold Rating from Analysts at StockNews.comSee More Headlines ARGO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ARGO Company Calendar Last Earnings5/08/2023Today6/04/2023Next Earnings (Estimated)8/14/2023Fiscal 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) 296-5858Fax441-296-6162Employees1,224Year FoundedN/APrice 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 RatingHold Rating Score (0-4)1.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($6.24) Trailing P/E RatioN/A Forward P/E Ratio10.30 P/E GrowthN/ANet Income$-175,200,000.00 Net Margins-9.98% Pretax Margin-10.44% Return on Equity0.06% Return on Assets0.01% Debt Debt-to-Equity Ratio0.37 Current Ratio0.63 Quick Ratio0.63 Sales & Book Value Annual Sales$1.68 billion Price / Sales0.62 Cash Flow$0.39 per share Price / Cash Flow75.04 Book Value$31.06 per share Price / Book0.94Miscellaneous Outstanding Shares35,169,000Free Float34,742,000Market Cap$1.03 billion OptionableNot Optionable Beta1.03 Key ExecutivesThomas A. BradleyExecutive Chairman & Chief Executive OfficerJessica Elizabeth SynderPresidentScott KirkChief Financial Officer & Executive Vice PresidentMark H. RoseChief Investment Officer & Senior Vice PresidentBarbara L. SutherlandSenior Vice PresidentKey CompetitorsStewart Information ServicesNYSE:STCInvestors TitleNASDAQ:ITICNewmark GroupNASDAQ:NMRKPennyMac Mortgage Investment TrustNYSE:PMTRedfinNASDAQ:RDFNView All CompetitorsInstitutional OwnershipPrelude Capital Management LLCBought 170,056 shares on 6/1/2023Ownership: 0.526%Ameriprise Financial Inc.Sold 433,747 shares on 5/22/2023Ownership: 2.297%Putnam Investments LLCSold 756 shares on 5/22/2023Ownership: 0.051%JPMorgan Chase & Co.Bought 264,412 shares on 5/18/2023Ownership: 0.947%New York State Common Retirement FundSold 6,792 shares on 5/18/2023Ownership: 0.046%View All Institutional Transactions ARGO Stock - Frequently Asked Questions Should I buy or sell Argo Group International stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Argo Group International in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street 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 2023? 2 brokerages have issued twelve-month price objectives for Argo Group International's stock. Their ARGO share price forecasts range from $30.00 to $45.00. On average, they anticipate the company's stock price to reach $37.50 in the next year. 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 start of the year. Since then, ARGO shares have 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 decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,240,000 shares, a decline 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. Currently, 9.7% of the company's shares 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 earnings results on Monday, May, 8th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of $0.80 by $1.11. The firm earned $419.60 million during the quarter, compared to analyst estimates of $461.90 million. Argo Group International had a positive trailing twelve-month return on equity of 0.06% and a negative net margin of 9.98%. 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. Investors 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 annualized dividend and a 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? ETFs with the largest weight of Argo Group International (NYSE:ARGO) stock in their portfolio include First Trust Merger Arbitrage ETF (MARB), AltShares Event-Driven ET (EVNT), Invesco KBW High Dividend Yield Financial ETF (KBWD), iShares US Small Cap Value Factor ETF (SVAL).iShares U.S. Insurance ETF (IAK), 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 variety 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 6/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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