Assured Guaranty (AGO) Expected to Announce Earnings on Thursday

Assured Guaranty (NYSE:AGO - Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $1.34 per share and revenue of $199.56 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Assured Guaranty Trading Down 1.3 %

NYSE AGO traded down $1.20 during trading hours on Friday, hitting $89.83. 276,368 shares of the company's stock were exchanged, compared to its average volume of 221,476. The business's 50 day moving average is $90.74 and its 200-day moving average is $86.00. Assured Guaranty has a 12-month low of $72.57 and a 12-month high of $96.60. The firm has a market capitalization of $4.57 billion, a P/E ratio of 6.98 and a beta of 1.11. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 0.91.

Assured Guaranty Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.51%. This is an increase from Assured Guaranty's previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Wednesday, March 5th. Assured Guaranty's dividend payout ratio (DPR) is 9.63%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. UBS Group raised their price objective on Assured Guaranty from $87.00 to $95.00 and gave the stock a "neutral" rating in a report on Monday, November 18th. Keefe, Bruyette & Woods raised their price objective on Assured Guaranty from $92.00 to $105.00 and gave the stock an "outperform" rating in a report on Monday, November 18th. Finally, StockNews.com upgraded Assured Guaranty from a "sell" rating to a "hold" rating in a report on Wednesday, November 13th.

About Assured Guaranty

Assured Guaranty Ltd., together with its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It operates through two segments: Insurance and Asset Management. The company offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments.