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)

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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: -0.39
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

3.2

Analyst's Opinion

Consensus Rating
Argo Group International has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.67, Argo Group International has a forecasted upside of 37.9% from its current price of $22.24.
Amount of Analyst Coverage
Argo Group International has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.20% of the float of Argo Group International has been sold short.
Short Interest Ratio / Days to Cover
Argo Group International has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Argo Group International has recently decreased by 0.08%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Leadership
Argo Group International is a leading dividend payer. It pays a dividend yield of 5.62%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Argo Group International does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Argo Group International is 46.10%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Argo Group International will have a dividend payout ratio of 29.52% next year. This indicates that Argo Group International will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ARGO.

1.5

News and Social Media Coverage

News Sentiment
Argo Group International has a news sentiment score of -0.39. 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 lower news sentiment than the 0.66 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for Argo Group International this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for ARGO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
9 people have added Argo Group International to their MarketBeat watchlist in the last 30 days. This is an increase of 125% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Argo Group International insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Argo Group International is held by insiders.
Percentage Held by Institutions
89.02% 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Argo Group International are expected to grow by 7.14% in the coming year, from $3.92 to $4.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Argo Group International is 8.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of Argo Group International is 8.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 148.97.
Price to Book Value per Share Ratio
Argo Group International has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

August 14, 2022 | americanbankingnews.com

Raymond James Lowers Argo Group International (NYSE:ARGO) to Market Perform

August 12, 2022 | americanbankingnews.com

Argo Group International (NYSE:ARGO) Stock Price Down 4.9%

August 12, 2022 | lse.co.uk

Argo Group widens interim loss; business in Ukraine and Argentina hit

August 11, 2022 | finance.yahoo.com

Argo Group International Holdings' (NYSE:ARGO) Dividend Will Be $0.31

August 11, 2022 | americanbankingnews.com

Argo Group International (NYSE:ARGO) Sets New 52-Week Low After Earnings Miss

August 8, 2022 | finance.yahoo.com

Argo Group (ARGO) Q2 Earnings and Revenues Miss Estimates

August 8, 2022 | finance.yahoo.com

Argo Group Reports Second Quarter 2022 Results

August 8, 2022 | finance.yahoo.com

CORRECTING and REPLACING Argo Group Reports Second Quarter 2022 Results

August 6, 2022 | reuters.com

Argo Group International Holdings Ltd

August 2, 2022 | finance.yahoo.com

Hanover Insurance Group (THG) Q2 Earnings and Revenues Beat Estimates

July 18, 2022 | finance.yahoo.com

Travelers (TRV) to Report Q2 Earnings: What's in the Offing?

July 15, 2022 | apnews.com

Kirby McInerney LLP Continues Investigation of Shareholder Claims on Behalf of Argo Group International Holdings, Ltd. (ARGO) Investors

July 11, 2022 | finance.yahoo.com

Argo Group Schedules Second Quarter 2022 Earnings Release and Conference Call

June 21, 2022 | finance.yahoo.com

Why is it a Prudent Move to Invest in Argo Group (ARGO) Stock?

June 8, 2022 | apnews.com

The Law Offices of Frank R. Cruz Announces Investigation of Argo Group International Holdings, Ltd. (ARGO) on Behalf of Investors

June 8, 2022 | finance.yahoo.com

Is Argo Group (ARGO) Stock Undervalued Right Now?

May 23, 2022 | finance.yahoo.com

Is Argo Group (ARGO) a Great Value Stock Right Now?

May 17, 2022 | finance.yahoo.com

RenaissanceRe (RNR) Renews Share Buyback, Gets a Hike to $500M

May 4, 2022 | seekingalpha.com

Argo Group International GAAP EPS of -$0.11, net written premiums of $440.5M

April 27, 2022 | finance.yahoo.com

Arch Capital Group (ACGL) Lags Q1 Earnings and Revenue Estimates

April 15, 2022 | businessinsider.com

Qatar sought Conservative MP as chair of the Qatar APPG ahead of World Cup, sources claim

April 6, 2022 | finance.yahoo.com

Argo Living Soils Corp. Provides Vermicast Production Update

March 28, 2022 | finance.yahoo.com

Here's Why You Should Hold on to Argo Group (ARGO) Stock Now

March 17, 2022 | finance.yahoo.com

Argo Living Soils Corp. Provides Corporate Update

March 15, 2022 | finance.yahoo.com

Capital Returns Calls Upon Argo Group to Hold Its Annual Meeting in Early May, Consistent with Its Historical Practice

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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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

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Title insurance
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:ARGO
CUSIP: N/A
CIK: 1091748
Web: www.argolimited.com
Phone: (441) 296-5858
Fax: 441-296-6162
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

EPS (Most Recent Fiscal Year): $2.69
Trailing P/E Ratio: 8.27
Forward P/E Ratio: 5.67
P/E Growth: N/A
Net Income: $-54,100,000.00
Net Margins: 4.95%
Pretax Margin: 6.52%
Return on Equity: 5.40%
Return on Assets: 0.89%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 0.54
Quick Ratio: 0.54

Sales & Book Value

Annual Sales: $1.89 billion
Price / Sales: 0.41
Cash Flow: $0.18 per share
Price / Cash Flow: 124.60
Book Value: $49.41 per share
Price / Book: 0.45

Miscellaneous

Outstanding Shares: 34,958,000
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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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Argo Group International - ARGO Stock Forecast, Price & News

Argo Group International MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Argo Group International (NYSE:ARGO) Stock

Analysts Set New Price Targets

Argo Group International Stock Up 0.7 %

Argo Group International Announces Dividend

ARGO Stock News Headlines

ARGO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ARGO Stock - Frequently Asked Questions

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

What is Argo Group International's stock price forecast for 2022?

How have ARGO shares performed in 2022?

When is Argo Group International's next earnings date?

How were Argo Group International's earnings last quarter?

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

Is Argo Group International a good dividend stock?

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

What is Argo Group International's stock symbol?

Who are Argo Group International's major shareholders?

How do I buy shares of Argo Group International?

What is Argo Group International's stock price today?

How much money does Argo Group International make?

How many employees does Argo Group International have?

How can I contact Argo Group International?

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