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NYSE:AGO

Assured Guaranty (AGO) Stock Price, News & Analysis

$81.02
-0.12 (-0.15%)
(As of 09/20/2024 ET)

About Assured Guaranty Stock (NYSE:AGO)

Key Stats

Today's Range
$80.31
$81.69
50-Day Range
$73.98
$82.52
52-Week Range
$58.27
$96.60
Volume
1.47 million shs
Average Volume
397,196 shs
Market Capitalization
$4.41 billion
P/E Ratio
6.26
Dividend Yield
1.53%
Price Target
$95.33
Consensus Rating
Moderate Buy

Company Overview

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. It insures and reinsures various debt obligations, including bonds issued by the United States state governmental authorities; and notes issued to finance infrastructure projects. In addition, the company insures and reinsures various the U.S. public finance obligations, such as general obligation, tax-backed, municipal utility, transportation, healthcare, higher education, infrastructure, housing revenue, investor-owned utility, renewable energy, and other public finance bonds. Further, the company involved in insuring and reinsuring of non-U.S. public finance obligations comprising regulated utilities, infrastructure finance, sovereign and sub-sovereign, renewable energy bonds, pooled infrastructure, and other public finance obligations; and the U.S. and non-U.S. Structured finance obligations, including residential mortgage-backed securities, life insurance transactions, consumer receivables securities, subscription finance facilities, pooled corporate obligations, and financial products. Additionally, it offers specialty business, such as real estate properties, insurance securitizations, and aircraft residual value insurance (RVI) transactions; and asset management services comprising investment advisory services. It markets its financial guaranty insurance directly to issuers and underwriters of public finance and structured finance securities, as well as to investors in such obligations. Assured Guaranty Ltd. was incorporated in 2003 and is headquartered in Hamilton, Bermuda.

Assured Guaranty Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 94th Percentile

Assured Guaranty scored higher than 94% of companies evaluated by MarketBeat, and ranked 76th out of 905 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Assured Guaranty has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Assured Guaranty has only been the subject of 3 research reports in the past 90 days.

  • Read more about Assured Guaranty's stock forecast and price target.
  • Earnings Growth

    Earnings for Assured Guaranty are expected to grow by 7.14% in the coming year, from $6.30 to $6.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Assured Guaranty is 6.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.19.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Assured Guaranty is 6.26, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 35.67.

  • Price to Book Value per Share Ratio

    Assured Guaranty has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Assured Guaranty's valuation and earnings.
  • Percentage of Shares Shorted

    1.82% of the float of Assured Guaranty has been sold short.
  • Short Interest Ratio / Days to Cover

    Assured Guaranty has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Assured Guaranty has recently increased by 19.40%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Assured Guaranty pays a meaningful dividend of 1.61%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Assured Guaranty does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Assured Guaranty is 9.58%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Assured Guaranty will have a dividend payout ratio of 18.37% next year. This indicates that Assured Guaranty will be able to sustain or increase its dividend.

  • Read more about Assured Guaranty's dividend.
  • Percentage of Shares Shorted

    1.82% of the float of Assured Guaranty has been sold short.
  • Short Interest Ratio / Days to Cover

    Assured Guaranty has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Assured Guaranty has recently increased by 19.40%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Assured Guaranty has a news sentiment score of 0.92. 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 Week

    MarketBeat has tracked 9 news articles for Assured Guaranty this week, compared to 4 articles on an average week.
  • Search Interest

    7 people have searched for AGO on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Assured Guaranty insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,605,110.00 in company stock.

  • Percentage Held by Insiders

    Only 5.10% of the stock of Assured Guaranty is held by insiders.

  • Percentage Held by Institutions

    92.22% of the stock of Assured Guaranty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Assured Guaranty's insider trading history.
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AGO Stock Analysis - Frequently Asked Questions

Assured Guaranty's stock was trading at $74.83 on January 1st, 2024. Since then, AGO stock has increased by 8.3% and is now trading at $81.02.
View the best growth stocks for 2024 here
.

Assured Guaranty Ltd. (NYSE:AGO) released its earnings results on Wednesday, August, 7th. The financial services provider reported $1.44 EPS for the quarter, beating the consensus estimate of $1.39 by $0.05. The business's quarterly revenue was down 43.9% on a year-over-year basis.

Assured Guaranty subsidiaries include these companies: Blue Mountain Capital Management.

Assured Guaranty's top institutional investors include Dimensional Fund Advisors LP (7.74%), Principal Financial Group Inc. (1.70%), Reinhart Partners LLC. (1.67%) and American Century Companies Inc. (1.25%). Insiders that own company stock include Dominic Frederico, Robert Bailenson, Stephen Donnarumma, Howard Albert, G Lawrence Buhl and Laura Bieling.
View institutional ownership trends
.

Shares of AGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Assured Guaranty investors own include Delta Air Lines (DAL), Citigroup (C), Energy Transfer (ET), Bank of America (BAC), Gilead Sciences (GILD), Boeing (BA) and Enterprise Products Partners (EPD).

Company Calendar

Last Earnings
8/07/2024
Ex-Dividend for 9/4 Dividend
8/21/2024
Dividend Payable
9/04/2024
Today
9/20/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Surety insurance
Sub-Industry
Property & Casualty Insurance
CUSIP
G0585R10
Employees
410
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$95.33
High Stock Price Target
$110.00
Low Stock Price Target
$84.00
Potential Upside/Downside
+17.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$739 million
Pretax Margin
54.54%

Debt

Sales & Book Value

Annual Sales
$846 million
Cash Flow
$11.52 per share
Book Value
$102.55 per share

Miscellaneous

Free Float
51,666,000
Market Cap
$4.41 billion
Optionable
Optionable
Beta
1.11

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This page (NYSE:AGO) was last updated on 9/20/2024 by MarketBeat.com Staff
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