View ValuationThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsArgo Group International Holdings 将来の成長Future 基準チェック /36Argo Group International Holdingsの収益は年間2.8%で減少すると予測されていますが、年間利益は年間127.7%で増加すると予測されています。EPS は年間 増加すると予測されています。自己資本利益率は 3 年後に5.2% 127.8%なると予測されています。主要情報127.7%収益成長率127.77%EPS成長率Insurance 収益成長2.2%収益成長率-2.8%将来の株主資本利益率5.20%アナリストカバレッジLow最終更新日10 Nov 2023今後の成長に関する最新情報Price Target Changed • Jul 08Price target decreased to US$45.25Down from US$55.00, the current price target is an average from 4 analysts. New target price is 33% above last closing price of US$34.11. Stock is down 34% over the past year. The company is forecast to post earnings per share of US$2.72 next year compared to a net loss per share of US$0.11 last year.Major Estimate Revision • Feb 10Consensus forecasts updatedThe consensus outlook for 2021 has been updated. Expected to report loss instead of -US$0.53 instead of US$4.24 per share profit previously forecast. . Revenue forecast unchanged at US$2.12b Insurance industry in the US expected to see average net income decline 3.3% next year. Consensus price target down from US$70.00 to US$53.75. Share price fell 24% to US$42.82 over the past week.Price Target Changed • Feb 09Price target decreased to US$53.75Down from US$66.50, the current price target is an average from 5 analysts. New target price is 20% above last closing price of US$44.76. Stock is up 5.9% over the past year. The company is forecast to post earnings per share of US$3.02 next year compared to a net loss per share of US$1.70 last year.Price Target Changed • Nov 04Price target increased to US$67.50Up from US$63.00, the current price target is an average from 5 analysts. New target price is 15% above last closing price of US$58.90. Stock is up 61% over the past year. The company is forecast to post earnings per share of US$3.59 next year compared to a net loss per share of US$1.70 last year.Price Target Changed • Aug 04Price target increased to US$66.50Up from US$60.00, the current price target is an average from 5 analysts. New target price is 25% above last closing price of US$53.11. Stock is up 60% over the past year.すべての更新を表示Recent updatesお知らせ • Nov 29Argo Group International Holdings, Ltd. Files Form 15Argo Group International Holdings, Ltd. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $1.00 per share.お知らせ • Nov 18+ 3 more updatesBrookfield Reinsurance Ltd. (NYSE:BNRE) completed the acquisition of Argo Group International Holdings, Ltd. from Voce Capital Management, LLC, Pzena Investment Management LLC and other shareholders.Brookfield Reinsurance Ltd. (NYSE:BNRE) entered into a definitive agreement to acquire Argo Group International Holdings, Ltd. from Voce Capital Management, LLC, Pzena Investment Management LLC and other shareholders for $1.1 billion on February 8, 2023. The consideration will be paid in cash. As part of the agreement, each issued and outstanding Argo common share will be converted into the right to receive $30.00 in cash at closing of the merger, funded by existing cash on hand and liquidity available to Brookfield Reinsurance. Under the terms of the merger agreement, Argo has agreed to suspend the payment of dividends on its common shares through the closing of the transaction. J. Daniel Plants, a member of the Argo Board of Directors (the “Board”) and Chairman of its Strategic Review Committee, has notified the company of his intention to step down from the Board, effective immediately. The transaction is subject to approval by Argo Group International Holdings, Ltd shareholders and other closing conditions customary for a transaction of this type, including receipt of insurance regulatory approvals in relevant jurisdictions and the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Brookfield Reinsurance Ltd and Argo Group International Holdings, Ltd boards of directors unanimously approved the merger agreement. Argo Group has agreed to pay Goldman Sachs a transaction fee of approximately $10.5 million. In connection with the merger, on March 8, 2023, Argo and Brookfield Reinsurance filed required notifications with the Department of Justice’s Antitrust Division and the Federal Trade Commission under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”). The applicable waiting period under the HSR Act expired on April 7, 2023. As of April 19, 2023, shareholders of Argo approved the merger. The transaction is expected to close in the second half of 2023. Andrew Jamieson, Drew Dutton, Dylan Sanders, Caroline Geiger, Josh Herzka, Michael Bolotin, Eric Juergens, Susan Reagan Gittes, Michael Snypes and Keith Slattery of Debevoise & Plimpton LLP acted as legal advisors to Brookfield Reinsurance Ltd. Goldman Sachs & Co. LLC acted as financial advisor and fairness opinion provider to Argo Group International Holdings, Ltd. Freed, Todd E, Hough, Jessica A, and Lewis, Patrick J of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisors to Argo Group International Holdings, Ltd. Eleazer Klein and Adriana Schwartz of Schulte Roth & Zabel LLP acted as legal advisors to Voce Capital Management, LLC. Brookfield Reinsurance Ltd. (NYSE:BNRE) completed the acquisition of Argo Group International Holdings, Ltd. from Voce Capital Management, LLC, Pzena Investment Management LLC and other shareholders on November 16, 2023. In connection with closing, Jessica Snyder will assume the role of chief executive officer of Argo, succeeding Thomas Bradley who has announced his intention to retire upon closing. Argo's common shares have ceased trading on the New York Stock Exchange.お知らせ • Nov 17Argo Group International Holdings, Ltd.(NYSE:ARGO) dropped from S&P Global BMI IndexArgo Group International Holdings, Ltd.(NYSE:ARGO) dropped from S&P Global BMI IndexReported Earnings • Nov 10Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: US$1.41 loss per share (improved from US$1.47 loss in 3Q 2022). Revenue: US$378.4m (down 15% from 3Q 2022). Net loss: US$49.5m (loss narrowed 3.7% from 3Q 2022). Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 08Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: US$0.014 loss per share (improved from US$0.54 loss in 2Q 2022). Revenue: US$364.3m (down 18% from 2Q 2022). Net loss: US$500.0k (loss narrowed 97% from 2Q 2022). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Jul 26Argo Group International Holdings, Ltd. to Report Q2, 2023 Results on Aug 07, 2023Argo Group International Holdings, Ltd. announced that they will report Q2, 2023 results After-Market on Aug 07, 2023Reported Earnings • May 10First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: US$1.04 loss per share (further deteriorated from US$0.10 loss in 1Q 2022). Revenue: US$401.7m (down 17% from 1Q 2022). Net loss: US$36.4m (loss widened US$32.8m from 1Q 2022). Revenue missed analyst estimates by 8.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Insurance industry in the US are expected to grow by 5.9%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Lead Independent Director Bernard Bailey was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 01Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: US$5.31 loss per share (further deteriorated from US$0.11 loss in FY 2021). Revenue: US$1.75b (down 18% from FY 2021). Net loss: US$185.7m (loss widened US$181.9m from FY 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is expected to decline by 4.6% p.a. on average during the next 2 years, while revenues in the Insurance industry in the US are expected to grow by 5.5%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 16Argo Group International Holdings, Ltd. to Report Q4, 2022 Results on Feb 27, 2023Argo Group International Holdings, Ltd. announced that they will report Q4, 2022 results After-Market on Feb 27, 2023お知らせ • Feb 14Argo Group International Holdings, Ltd. Announces J. Daniel Plants Steps Down from Board of DirectorsArgo Group International Holdings, Ltd. (announced that J. Daniel Plants, a member of the Argo Board of Directors and Chairman of its Strategic Review Committee, has notified the company of his intention to step down from the Board, effective immediately. Mr. Plants is Founder and Chief Investment Officer of Voce Capital Management LLC, Argo’s largest shareholder. He was appointed to the Board on August 4, 2022.お知らせ • Feb 10Brookfield Reinsurance Ltd. entered into a definitive agreement to acquire Argo Group International Holdings, Ltd. from Voce Capital Management, LLC and other shareholders for $1.1 billion.Brookfield Reinsurance Ltd. entered into a definitive agreement to acquire Argo Group International Holdings, Ltd. from Voce Capital Management, LLC and other shareholders for $1.1 billion on February 8, 2023. The consideration will be paid in cash. As part of the agreement, each issued and outstanding Argo common share will be converted into the right to receive $30.00 in cash at closing of the merger, funded by existing cash on hand and liquidity available to Brookfield Reinsurance. Under the terms of the merger agreement, Argo has agreed to suspend the payment of dividends on its common shares through the closing of the transaction. The transaction is subject to approval by Argo Group International Holdings, Ltd shareholders and other closing conditions customary for a transaction of this type, including receipt of insurance regulatory approvals in relevant jurisdictions and the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Brookfield Reinsurance Ltd and Argo Group International Holdings, Ltd boards of directors unanimously approved the merger agreement. The transaction is expected to close in the second half of 2023. Andrew Jamieson, Drew Dutton, Dylan Sanders, Caroline Geiger, Josh Herzka, Michael Bolotin, Eric Juergens, Susan Reagan Gittes, Michael Snypes and Keith Slattery of Debevoise & Plimpton LLP acted as legal advisor to Brookfield Reinsurance Ltd. Goldman Sachs & Co. LLC acted as financial advisor to Argo Group International Holdings, Ltd. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to Argo Group International Holdings, Ltd.Seeking Alpha • Feb 08Argo Group trades higher on proposed acquisition by Brookfield ReinsuranceArgo Group International Holdings (NYSE:ARGO) shares were trading ~6% up pre-market on a proposed acquisition by Brookfield Reinsurance (NYSE:BNRE). BNRE is set to acquire Argo in an all-cash transaction valued at ~$1.1B. Each issued and outstanding Argo share will be converted into a right to receive $30 in cash at the close of the merger. The transaction will be funded with existing cash on hand and liquidity available to Brookfield Reinsurance. The consideration per Argo share represents a 6.7% premium to the company's Feb. 7 closing share price. The boards of both the companies have approved the merger agreement. The merger is expected to close in H1. In connection with the merger, Argo has agreed to suspend any dividend payment on its shares. Source: Press ReleaseSeeking Alpha • Jan 12Arch Capital enters auction for Argo Group - reportArch Capital (NASDAQ:ACGL) has entered into a sales process for Argo Group's (NYSE:ARGO). Arch Capital (ACGL) is said to have made a late entry for a potential purchase of insurer Argo (ARGO) as the "thinly contested process struggles to reach a conclusion," according to an Inside P&C report from Thursday. The report also said talks with Core Specialty and Enstar (ESGR) "grind on." Argo (ARGO) fell 6.7% on low volume in early trading on Thursday. The update comes after Insurance Insider in September said that Argo (ARGO) is said to have restarted a sales process. Argo's adviser Goldman Sachs is said to have approached potential buyers about their interest. In April Argo said its board had started an exploration of strategic alternatives, including a potential sale or merger.Upcoming Dividend • Nov 22Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 15 December 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.8%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (2.2%).分析記事 • Nov 21Argo Group International Holdings (NYSE:ARGO) Will Pay A Dividend Of $0.31Argo Group International Holdings, Ltd. ( NYSE:ARGO ) will pay a dividend of $0.31 on the 15th of December. The...Reported Earnings • Nov 08Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: US$1.47 loss per share (down from US$0.57 profit in 3Q 2021). Revenue: US$444.3m (down 16% from 3Q 2021). Net loss: US$51.4m (down 360% from profit in 3Q 2021). Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Revenue is expected to decline by 4.1% p.a. on average during the next 3 years, while revenues in the Insurance industry in the US are expected to grow by 5.5%. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.分析記事 • Nov 07Argo Group International Holdings (NYSE:ARGO) Has Announced A Dividend Of $0.31Argo Group International Holdings, Ltd.'s ( NYSE:ARGO ) investors are due to receive a payment of $0.31 per share on...Seeking Alpha • Nov 04Argo Group International declares $0.31 dividendArgo Group International (NYSE:ARGO) declares $0.31/share quarterly dividend, in line with previous. Forward yield 5.18% Payable Dec. 15; for shareholders of record Nov. 30; ex-div Nov. 29. See ARGO Dividend Scorecard, Yield Chart, & Dividend Growth.Seeking Alpha • Sep 13Argo Group gains on report of restarted sales processInsurance company Argo Group (NYSE:ARGO) rose 2.7% on a report that it's restarted a sales process. Argo's (ARGO) adviser Goldman Sachs is said to have approached potential buyers about their interest, according to an Insurance Insider report. Recall in April Argo said its board had started an exploration of strategic alternatives, including a potential sale or merger. Developing story ...Seeking Alpha • Aug 29Argo Group International goes ex-dividend tomorrowArgo Group International (NYSE:ARGO) had declared $0.31/share quarterly dividend, in line with previous. Payable Sept. 15; for shareholders of record Aug. 31; ex-div Aug. 30. See ARGO Dividend Scorecard, Yield Chart, & Dividend Growth.分析記事 • Aug 25Argo Group International Holdings (NYSE:ARGO) Is Due To Pay A Dividend Of $0.31Argo Group International Holdings, Ltd.'s ( NYSE:ARGO ) investors are due to receive a payment of $0.31 per share on...Upcoming Dividend • Aug 23Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 15 September 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 6.1%. Within top quartile of American dividend payers (4.1%). Higher than average of industry peers (2.3%).分析記事 • Aug 11Argo Group International Holdings (NYSE:ARGO) Is Paying Out A Dividend Of $0.31Argo Group International Holdings, Ltd. ( NYSE:ARGO ) has announced that it will pay a dividend of $0.31 per share on...Reported Earnings • Aug 10Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: US$0.54 loss per share (down from US$1.93 profit in 2Q 2021). Revenue: US$443.2m (down 19% from 2Q 2021). Net loss: US$18.9m (down 128% from profit in 2Q 2021). Revenue missed analyst estimates by 15%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 1.6%, compared to a 1.7% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.Seeking Alpha • Aug 05Argo Group International declares $0.31 dividendArgo Group International (NYSE:ARGO) declares $0.31/share quarterly dividend, in line with previous. Forward yield 3.92% Payable Sept. 15; for shareholders of record Aug. 31; ex-div Aug. 30.Price Target Changed • Jul 08Price target decreased to US$45.25Down from US$55.00, the current price target is an average from 4 analysts. New target price is 33% above last closing price of US$34.11. Stock is down 34% over the past year. The company is forecast to post earnings per share of US$2.72 next year compared to a net loss per share of US$0.11 last year.Seeking Alpha • Mar 10Argo Group Has To Rebuild Confidence After Renewed Concerns About Underwriting And ReservesSizable adverse reserve developments in the fourth quarter not only hit reported results but seriously damaged investor confidence in the turnaround story. A significant portion of the developments was tied to discontinued or rehabilitated business lines, but underwriting problems are seldom a one-off event and it will take time to rebuild confidence. Management continues to execute on a cogent turnaround plan, with real progress on the expense side, but the end-markets are likely to get less accommodating. If Argo can generate long-term core earnings growth in the high-single digits, without further significant adverse developments, the shares offer solid upside, but it's going to take time.分析記事 • Feb 24Argo Group International Holdings' (NYSE:ARGO) Dividend Will Be US$0.31Argo Group International Holdings, Ltd. ( NYSE:ARGO ) will pay a dividend of US$0.31 on the 15th of March. The dividend...Reported Earnings • Feb 24Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: US$0.14 loss per share (up from US$1.70 loss in FY 2020). Revenue: US$2.13b (up 13% from FY 2020). Net loss: US$4.70m (loss narrowed 92% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 76%. Over the next year, revenue is forecast to stay flat compared to a 1.9% decline forecast for the insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Feb 10Consensus forecasts updatedThe consensus outlook for 2021 has been updated. Expected to report loss instead of -US$0.53 instead of US$4.24 per share profit previously forecast. . Revenue forecast unchanged at US$2.12b Insurance industry in the US expected to see average net income decline 3.3% next year. Consensus price target down from US$70.00 to US$53.75. Share price fell 24% to US$42.82 over the past week.Price Target Changed • Feb 09Price target decreased to US$53.75Down from US$66.50, the current price target is an average from 5 analysts. New target price is 20% above last closing price of US$44.76. Stock is up 5.9% over the past year. The company is forecast to post earnings per share of US$3.02 next year compared to a net loss per share of US$1.70 last year.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to US$44.76, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Insurance industry in the US. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$74.17 per share.Buying Opportunity • Jan 19Now 20% undervaluedOver the last 90 days, the stock is up 6.3%. The fair value is estimated to be US$72.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% per annum over the last 3 years. The company has become profitable over the last year.Upcoming Dividend • Nov 22Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 29 November 2021. Payment date: 15 December 2021. Trailing yield: 2.1%. Lower than top quartile of American dividend payers (3.5%). In line with average of industry peers (2.3%).Price Target Changed • Nov 04Price target increased to US$67.50Up from US$63.00, the current price target is an average from 5 analysts. New target price is 15% above last closing price of US$58.90. Stock is up 61% over the past year. The company is forecast to post earnings per share of US$3.59 next year compared to a net loss per share of US$1.70 last year.Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS US$0.57 (vs US$0.91 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$528.3m (up 9.3% from 3Q 2020). Net income: US$19.8m (up US$51.4m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 23Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 15 September 2021. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (3.6%). In line with average of industry peers (2.3%).Seeking Alpha • Aug 14Argo Group: Strategic Repositioning Coming Along, Shares Still UndervaluedArgo announced better than expected second quarter results; while the majority of the earnings beat was driven by the investment portfolio, underwriting income was still better than expected. Argo is leaning into a hard market, using strong rates to write E&S business in its new core markets like professional lines, casualty, construction, and surety. Argo may not return to double-digit ROEs until 2023 or 2024, which is a negative for sentiment, but the underwriting profitability of the new U.S. core operations is attractive. Long-term core earnings growth of around 9% and a 10% ROE in 2023 can both support a fair value in the low $60s today and longer-term annualized returns in the double digits.Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS US$1.93 (vs US$0.18 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$547.7m (up 20% from 2Q 2020). Net income: US$67.1m (up US$73.5m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Price Target Changed • Aug 04Price target increased to US$66.50Up from US$60.00, the current price target is an average from 5 analysts. New target price is 25% above last closing price of US$53.11. Stock is up 60% over the past year.分析記事 • Jan 28Argo Group International Holdings'(NYSE:ARGO) Share Price Is Down 34% Over The Past Year.While it may not be enough for some shareholders, we think it is good to see the Argo Group International Holdings...Is New 90 Day High Low • Jan 07New 90-day high: US$46.12The company is up 24% from its price of US$37.05 on 08 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$39.26 per share.分析記事 • Dec 22Need To Know: Argo Group International Holdings, Ltd. (NYSE:ARGO) Insiders Have Been Buying SharesIt is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...Is New 90 Day High Low • Dec 05New 90-day high: US$44.12The company is up 18% from its price of US$37.31 on 04 September 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$15.25 per share.業績と収益の成長予測NYSE:ARGO - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20251,43470N/AN/A112/31/20241,46850N/AN/A212/31/20231,506-77N/AN/A19/30/20231,528-198219225N/A6/30/20231,594-200134141N/A3/31/20231,673-218113120N/A12/31/20221,755-1864753N/A9/30/20221,902-192156158N/A6/30/20221,986-121157144N/A3/31/20222,091-3592N/A12/31/20212,130-4100100N/A9/30/20212,120111711N/A6/30/20212,07466137163N/A3/31/20211,979-7148174N/A12/31/20201,890-595272N/A9/30/20201,854-1646689N/A6/30/20201,859-1646385N/A3/31/20201,895-1307196N/A12/31/20191,961-14153183N/A9/30/20191,88851247266N/A6/30/20191,899117134171N/A3/31/20191,874130170203N/A12/31/20181,80157270302N/A9/30/20181,85513698144N/A6/30/20181,79534222254N/A3/31/20181,78338323356N/A12/31/20171,77450134165N/A9/30/20171,72054258284N/A6/30/20171,698171N/A188N/A3/31/20171,619156N/A94N/A12/31/20161,577147N/A182N/A9/30/20161,529155N/A198N/A6/30/20161,493135N/A220N/A3/31/20161,508132N/A307N/A12/31/20151,491163N/A283N/A9/30/20151,496182N/A295N/A6/30/20151,493191N/A249N/A3/31/20151,476202N/A114N/A12/31/20141,490183N/A131N/A9/30/20141,513171N/A75N/A6/30/20141,497158N/A73N/A3/31/20141,494151N/A127N/A12/31/20131,478143N/A0N/A9/30/20131,42291N/A-36N/A6/30/20131,40573N/A-37N/A3/31/20131,35665N/A-47N/A12/31/20121,33152N/A31N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ARGOは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 2.2% ) よりも高い成長率であると考えられます。収益対市場: ARGO今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: ARGO今後 3 年以内に収益を上げることが予想されます。収益対市場: ARGOの収益は今後 3 年間で減少すると予想されています (年間-2.8% )。高い収益成長: ARGOの収益は今後 3 年間で減少すると予測されています (年間-2.8% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ARGOの 自己資本利益率 は、3年後には低くなると予測されています ( 5.2 %)。成長企業の発掘7D1Y7D1Y7D1YInsurance 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/11/17 13:01終値2023/11/15 00:00収益2023/09/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Argo Group International Holdings, Ltd. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Matthew CarlettiCitizens JMP Securities, LLCCasey AlexanderCompass Point Research & Trading, LLCBijan MoazamiGuggenheim Securities, LLC7 その他のアナリストを表示
Price Target Changed • Jul 08Price target decreased to US$45.25Down from US$55.00, the current price target is an average from 4 analysts. New target price is 33% above last closing price of US$34.11. Stock is down 34% over the past year. The company is forecast to post earnings per share of US$2.72 next year compared to a net loss per share of US$0.11 last year.
Major Estimate Revision • Feb 10Consensus forecasts updatedThe consensus outlook for 2021 has been updated. Expected to report loss instead of -US$0.53 instead of US$4.24 per share profit previously forecast. . Revenue forecast unchanged at US$2.12b Insurance industry in the US expected to see average net income decline 3.3% next year. Consensus price target down from US$70.00 to US$53.75. Share price fell 24% to US$42.82 over the past week.
Price Target Changed • Feb 09Price target decreased to US$53.75Down from US$66.50, the current price target is an average from 5 analysts. New target price is 20% above last closing price of US$44.76. Stock is up 5.9% over the past year. The company is forecast to post earnings per share of US$3.02 next year compared to a net loss per share of US$1.70 last year.
Price Target Changed • Nov 04Price target increased to US$67.50Up from US$63.00, the current price target is an average from 5 analysts. New target price is 15% above last closing price of US$58.90. Stock is up 61% over the past year. The company is forecast to post earnings per share of US$3.59 next year compared to a net loss per share of US$1.70 last year.
Price Target Changed • Aug 04Price target increased to US$66.50Up from US$60.00, the current price target is an average from 5 analysts. New target price is 25% above last closing price of US$53.11. Stock is up 60% over the past year.
お知らせ • Nov 29Argo Group International Holdings, Ltd. Files Form 15Argo Group International Holdings, Ltd. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $1.00 per share.
お知らせ • Nov 18+ 3 more updatesBrookfield Reinsurance Ltd. (NYSE:BNRE) completed the acquisition of Argo Group International Holdings, Ltd. from Voce Capital Management, LLC, Pzena Investment Management LLC and other shareholders.Brookfield Reinsurance Ltd. (NYSE:BNRE) entered into a definitive agreement to acquire Argo Group International Holdings, Ltd. from Voce Capital Management, LLC, Pzena Investment Management LLC and other shareholders for $1.1 billion on February 8, 2023. The consideration will be paid in cash. As part of the agreement, each issued and outstanding Argo common share will be converted into the right to receive $30.00 in cash at closing of the merger, funded by existing cash on hand and liquidity available to Brookfield Reinsurance. Under the terms of the merger agreement, Argo has agreed to suspend the payment of dividends on its common shares through the closing of the transaction. J. Daniel Plants, a member of the Argo Board of Directors (the “Board”) and Chairman of its Strategic Review Committee, has notified the company of his intention to step down from the Board, effective immediately. The transaction is subject to approval by Argo Group International Holdings, Ltd shareholders and other closing conditions customary for a transaction of this type, including receipt of insurance regulatory approvals in relevant jurisdictions and the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Brookfield Reinsurance Ltd and Argo Group International Holdings, Ltd boards of directors unanimously approved the merger agreement. Argo Group has agreed to pay Goldman Sachs a transaction fee of approximately $10.5 million. In connection with the merger, on March 8, 2023, Argo and Brookfield Reinsurance filed required notifications with the Department of Justice’s Antitrust Division and the Federal Trade Commission under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”). The applicable waiting period under the HSR Act expired on April 7, 2023. As of April 19, 2023, shareholders of Argo approved the merger. The transaction is expected to close in the second half of 2023. Andrew Jamieson, Drew Dutton, Dylan Sanders, Caroline Geiger, Josh Herzka, Michael Bolotin, Eric Juergens, Susan Reagan Gittes, Michael Snypes and Keith Slattery of Debevoise & Plimpton LLP acted as legal advisors to Brookfield Reinsurance Ltd. Goldman Sachs & Co. LLC acted as financial advisor and fairness opinion provider to Argo Group International Holdings, Ltd. Freed, Todd E, Hough, Jessica A, and Lewis, Patrick J of Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisors to Argo Group International Holdings, Ltd. Eleazer Klein and Adriana Schwartz of Schulte Roth & Zabel LLP acted as legal advisors to Voce Capital Management, LLC. Brookfield Reinsurance Ltd. (NYSE:BNRE) completed the acquisition of Argo Group International Holdings, Ltd. from Voce Capital Management, LLC, Pzena Investment Management LLC and other shareholders on November 16, 2023. In connection with closing, Jessica Snyder will assume the role of chief executive officer of Argo, succeeding Thomas Bradley who has announced his intention to retire upon closing. Argo's common shares have ceased trading on the New York Stock Exchange.
お知らせ • Nov 17Argo Group International Holdings, Ltd.(NYSE:ARGO) dropped from S&P Global BMI IndexArgo Group International Holdings, Ltd.(NYSE:ARGO) dropped from S&P Global BMI Index
Reported Earnings • Nov 10Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2023 results: US$1.41 loss per share (improved from US$1.47 loss in 3Q 2022). Revenue: US$378.4m (down 15% from 3Q 2022). Net loss: US$49.5m (loss narrowed 3.7% from 3Q 2022). Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 08Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: US$0.014 loss per share (improved from US$0.54 loss in 2Q 2022). Revenue: US$364.3m (down 18% from 2Q 2022). Net loss: US$500.0k (loss narrowed 97% from 2Q 2022). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 26Argo Group International Holdings, Ltd. to Report Q2, 2023 Results on Aug 07, 2023Argo Group International Holdings, Ltd. announced that they will report Q2, 2023 results After-Market on Aug 07, 2023
Reported Earnings • May 10First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: US$1.04 loss per share (further deteriorated from US$0.10 loss in 1Q 2022). Revenue: US$401.7m (down 17% from 1Q 2022). Net loss: US$36.4m (loss widened US$32.8m from 1Q 2022). Revenue missed analyst estimates by 8.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is expected to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Insurance industry in the US are expected to grow by 5.9%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Lead Independent Director Bernard Bailey was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 01Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: US$5.31 loss per share (further deteriorated from US$0.11 loss in FY 2021). Revenue: US$1.75b (down 18% from FY 2021). Net loss: US$185.7m (loss widened US$181.9m from FY 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is expected to decline by 4.6% p.a. on average during the next 2 years, while revenues in the Insurance industry in the US are expected to grow by 5.5%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 16Argo Group International Holdings, Ltd. to Report Q4, 2022 Results on Feb 27, 2023Argo Group International Holdings, Ltd. announced that they will report Q4, 2022 results After-Market on Feb 27, 2023
お知らせ • Feb 14Argo Group International Holdings, Ltd. Announces J. Daniel Plants Steps Down from Board of DirectorsArgo Group International Holdings, Ltd. (announced that J. Daniel Plants, a member of the Argo Board of Directors and Chairman of its Strategic Review Committee, has notified the company of his intention to step down from the Board, effective immediately. Mr. Plants is Founder and Chief Investment Officer of Voce Capital Management LLC, Argo’s largest shareholder. He was appointed to the Board on August 4, 2022.
お知らせ • Feb 10Brookfield Reinsurance Ltd. entered into a definitive agreement to acquire Argo Group International Holdings, Ltd. from Voce Capital Management, LLC and other shareholders for $1.1 billion.Brookfield Reinsurance Ltd. entered into a definitive agreement to acquire Argo Group International Holdings, Ltd. from Voce Capital Management, LLC and other shareholders for $1.1 billion on February 8, 2023. The consideration will be paid in cash. As part of the agreement, each issued and outstanding Argo common share will be converted into the right to receive $30.00 in cash at closing of the merger, funded by existing cash on hand and liquidity available to Brookfield Reinsurance. Under the terms of the merger agreement, Argo has agreed to suspend the payment of dividends on its common shares through the closing of the transaction. The transaction is subject to approval by Argo Group International Holdings, Ltd shareholders and other closing conditions customary for a transaction of this type, including receipt of insurance regulatory approvals in relevant jurisdictions and the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Brookfield Reinsurance Ltd and Argo Group International Holdings, Ltd boards of directors unanimously approved the merger agreement. The transaction is expected to close in the second half of 2023. Andrew Jamieson, Drew Dutton, Dylan Sanders, Caroline Geiger, Josh Herzka, Michael Bolotin, Eric Juergens, Susan Reagan Gittes, Michael Snypes and Keith Slattery of Debevoise & Plimpton LLP acted as legal advisor to Brookfield Reinsurance Ltd. Goldman Sachs & Co. LLC acted as financial advisor to Argo Group International Holdings, Ltd. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to Argo Group International Holdings, Ltd.
Seeking Alpha • Feb 08Argo Group trades higher on proposed acquisition by Brookfield ReinsuranceArgo Group International Holdings (NYSE:ARGO) shares were trading ~6% up pre-market on a proposed acquisition by Brookfield Reinsurance (NYSE:BNRE). BNRE is set to acquire Argo in an all-cash transaction valued at ~$1.1B. Each issued and outstanding Argo share will be converted into a right to receive $30 in cash at the close of the merger. The transaction will be funded with existing cash on hand and liquidity available to Brookfield Reinsurance. The consideration per Argo share represents a 6.7% premium to the company's Feb. 7 closing share price. The boards of both the companies have approved the merger agreement. The merger is expected to close in H1. In connection with the merger, Argo has agreed to suspend any dividend payment on its shares. Source: Press Release
Seeking Alpha • Jan 12Arch Capital enters auction for Argo Group - reportArch Capital (NASDAQ:ACGL) has entered into a sales process for Argo Group's (NYSE:ARGO). Arch Capital (ACGL) is said to have made a late entry for a potential purchase of insurer Argo (ARGO) as the "thinly contested process struggles to reach a conclusion," according to an Inside P&C report from Thursday. The report also said talks with Core Specialty and Enstar (ESGR) "grind on." Argo (ARGO) fell 6.7% on low volume in early trading on Thursday. The update comes after Insurance Insider in September said that Argo (ARGO) is said to have restarted a sales process. Argo's adviser Goldman Sachs is said to have approached potential buyers about their interest. In April Argo said its board had started an exploration of strategic alternatives, including a potential sale or merger.
Upcoming Dividend • Nov 22Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 15 December 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.8%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (2.2%).
分析記事 • Nov 21Argo Group International Holdings (NYSE:ARGO) Will Pay A Dividend Of $0.31Argo Group International Holdings, Ltd. ( NYSE:ARGO ) will pay a dividend of $0.31 on the 15th of December. The...
Reported Earnings • Nov 08Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: US$1.47 loss per share (down from US$0.57 profit in 3Q 2021). Revenue: US$444.3m (down 16% from 3Q 2021). Net loss: US$51.4m (down 360% from profit in 3Q 2021). Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Revenue is expected to decline by 4.1% p.a. on average during the next 3 years, while revenues in the Insurance industry in the US are expected to grow by 5.5%. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
分析記事 • Nov 07Argo Group International Holdings (NYSE:ARGO) Has Announced A Dividend Of $0.31Argo Group International Holdings, Ltd.'s ( NYSE:ARGO ) investors are due to receive a payment of $0.31 per share on...
Seeking Alpha • Nov 04Argo Group International declares $0.31 dividendArgo Group International (NYSE:ARGO) declares $0.31/share quarterly dividend, in line with previous. Forward yield 5.18% Payable Dec. 15; for shareholders of record Nov. 30; ex-div Nov. 29. See ARGO Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Sep 13Argo Group gains on report of restarted sales processInsurance company Argo Group (NYSE:ARGO) rose 2.7% on a report that it's restarted a sales process. Argo's (ARGO) adviser Goldman Sachs is said to have approached potential buyers about their interest, according to an Insurance Insider report. Recall in April Argo said its board had started an exploration of strategic alternatives, including a potential sale or merger. Developing story ...
Seeking Alpha • Aug 29Argo Group International goes ex-dividend tomorrowArgo Group International (NYSE:ARGO) had declared $0.31/share quarterly dividend, in line with previous. Payable Sept. 15; for shareholders of record Aug. 31; ex-div Aug. 30. See ARGO Dividend Scorecard, Yield Chart, & Dividend Growth.
分析記事 • Aug 25Argo Group International Holdings (NYSE:ARGO) Is Due To Pay A Dividend Of $0.31Argo Group International Holdings, Ltd.'s ( NYSE:ARGO ) investors are due to receive a payment of $0.31 per share on...
Upcoming Dividend • Aug 23Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 15 September 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 6.1%. Within top quartile of American dividend payers (4.1%). Higher than average of industry peers (2.3%).
分析記事 • Aug 11Argo Group International Holdings (NYSE:ARGO) Is Paying Out A Dividend Of $0.31Argo Group International Holdings, Ltd. ( NYSE:ARGO ) has announced that it will pay a dividend of $0.31 per share on...
Reported Earnings • Aug 10Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: US$0.54 loss per share (down from US$1.93 profit in 2Q 2021). Revenue: US$443.2m (down 19% from 2Q 2021). Net loss: US$18.9m (down 128% from profit in 2Q 2021). Revenue missed analyst estimates by 15%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 1.6%, compared to a 1.7% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.
Seeking Alpha • Aug 05Argo Group International declares $0.31 dividendArgo Group International (NYSE:ARGO) declares $0.31/share quarterly dividend, in line with previous. Forward yield 3.92% Payable Sept. 15; for shareholders of record Aug. 31; ex-div Aug. 30.
Price Target Changed • Jul 08Price target decreased to US$45.25Down from US$55.00, the current price target is an average from 4 analysts. New target price is 33% above last closing price of US$34.11. Stock is down 34% over the past year. The company is forecast to post earnings per share of US$2.72 next year compared to a net loss per share of US$0.11 last year.
Seeking Alpha • Mar 10Argo Group Has To Rebuild Confidence After Renewed Concerns About Underwriting And ReservesSizable adverse reserve developments in the fourth quarter not only hit reported results but seriously damaged investor confidence in the turnaround story. A significant portion of the developments was tied to discontinued or rehabilitated business lines, but underwriting problems are seldom a one-off event and it will take time to rebuild confidence. Management continues to execute on a cogent turnaround plan, with real progress on the expense side, but the end-markets are likely to get less accommodating. If Argo can generate long-term core earnings growth in the high-single digits, without further significant adverse developments, the shares offer solid upside, but it's going to take time.
分析記事 • Feb 24Argo Group International Holdings' (NYSE:ARGO) Dividend Will Be US$0.31Argo Group International Holdings, Ltd. ( NYSE:ARGO ) will pay a dividend of US$0.31 on the 15th of March. The dividend...
Reported Earnings • Feb 24Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: US$0.14 loss per share (up from US$1.70 loss in FY 2020). Revenue: US$2.13b (up 13% from FY 2020). Net loss: US$4.70m (loss narrowed 92% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 76%. Over the next year, revenue is forecast to stay flat compared to a 1.9% decline forecast for the insurance industry in the US. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Feb 10Consensus forecasts updatedThe consensus outlook for 2021 has been updated. Expected to report loss instead of -US$0.53 instead of US$4.24 per share profit previously forecast. . Revenue forecast unchanged at US$2.12b Insurance industry in the US expected to see average net income decline 3.3% next year. Consensus price target down from US$70.00 to US$53.75. Share price fell 24% to US$42.82 over the past week.
Price Target Changed • Feb 09Price target decreased to US$53.75Down from US$66.50, the current price target is an average from 5 analysts. New target price is 20% above last closing price of US$44.76. Stock is up 5.9% over the past year. The company is forecast to post earnings per share of US$3.02 next year compared to a net loss per share of US$1.70 last year.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to US$44.76, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Insurance industry in the US. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$74.17 per share.
Buying Opportunity • Jan 19Now 20% undervaluedOver the last 90 days, the stock is up 6.3%. The fair value is estimated to be US$72.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% per annum over the last 3 years. The company has become profitable over the last year.
Upcoming Dividend • Nov 22Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 29 November 2021. Payment date: 15 December 2021. Trailing yield: 2.1%. Lower than top quartile of American dividend payers (3.5%). In line with average of industry peers (2.3%).
Price Target Changed • Nov 04Price target increased to US$67.50Up from US$63.00, the current price target is an average from 5 analysts. New target price is 15% above last closing price of US$58.90. Stock is up 61% over the past year. The company is forecast to post earnings per share of US$3.59 next year compared to a net loss per share of US$1.70 last year.
Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS US$0.57 (vs US$0.91 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$528.3m (up 9.3% from 3Q 2020). Net income: US$19.8m (up US$51.4m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 23Upcoming dividend of US$0.31 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 15 September 2021. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (3.6%). In line with average of industry peers (2.3%).
Seeking Alpha • Aug 14Argo Group: Strategic Repositioning Coming Along, Shares Still UndervaluedArgo announced better than expected second quarter results; while the majority of the earnings beat was driven by the investment portfolio, underwriting income was still better than expected. Argo is leaning into a hard market, using strong rates to write E&S business in its new core markets like professional lines, casualty, construction, and surety. Argo may not return to double-digit ROEs until 2023 or 2024, which is a negative for sentiment, but the underwriting profitability of the new U.S. core operations is attractive. Long-term core earnings growth of around 9% and a 10% ROE in 2023 can both support a fair value in the low $60s today and longer-term annualized returns in the double digits.
Reported Earnings • Aug 04Second quarter 2021 earnings released: EPS US$1.93 (vs US$0.18 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$547.7m (up 20% from 2Q 2020). Net income: US$67.1m (up US$73.5m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Price Target Changed • Aug 04Price target increased to US$66.50Up from US$60.00, the current price target is an average from 5 analysts. New target price is 25% above last closing price of US$53.11. Stock is up 60% over the past year.
分析記事 • Jan 28Argo Group International Holdings'(NYSE:ARGO) Share Price Is Down 34% Over The Past Year.While it may not be enough for some shareholders, we think it is good to see the Argo Group International Holdings...
Is New 90 Day High Low • Jan 07New 90-day high: US$46.12The company is up 24% from its price of US$37.05 on 08 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$39.26 per share.
分析記事 • Dec 22Need To Know: Argo Group International Holdings, Ltd. (NYSE:ARGO) Insiders Have Been Buying SharesIt is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
Is New 90 Day High Low • Dec 05New 90-day high: US$44.12The company is up 18% from its price of US$37.31 on 04 September 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$15.25 per share.