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

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.

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.

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.
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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.

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

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%.

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.

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 ETF (EVNT), Invesco KBW High Dividend Yield Financial ETF (KBWD), iShares US Small Cap Value Factor ETF (SVAL).iShares U.S. Insurance ETF (IAK),

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.

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.

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

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.

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

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.

The company employs 1,224 workers across the globe.

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.