Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. More Details
Average dividend payer with moderate growth potential.
Share Price & News
How has Argo Group International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ARGO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ARGO's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ARGO underperformed the US Insurance industry which returned -4.7% over the past year.
Return vs Market: ARGO underperformed the US Market which returned 19.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Argo Group International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StNeed To Know: Argo Group International Holdings, Ltd. (NYSE:ARGO) Insiders Have Been Buying Shares
2 months ago | Simply Wall StDividend Investors: Don't Be Too Quick To Buy Argo Group International Holdings, Ltd. (NYSE:ARGO) For Its Upcoming Dividend
2 months ago | Simply Wall StShould You Buy Argo Group International Holdings, Ltd. (NYSE:ARGO) For Its 3.4% Dividend?
Is Argo Group International Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: ARGO ($45.31) is trading above our estimate of fair value ($40.11)
Significantly Below Fair Value: ARGO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ARGO is unprofitable, so we can't compare its PE Ratio to the US Insurance industry average.
PE vs Market: ARGO is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ARGO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ARGO's PB Ratio (0.9x) is in line with the US Insurance industry average.
How is Argo Group International Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ARGO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: ARGO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ARGO's is expected to become profitable in the next 3 years.
Revenue vs Market: ARGO's revenue (4.2% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: ARGO's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ARGO's Return on Equity is forecast to be low in 3 years time (7.4%).
How has Argo Group International Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARGO is currently unprofitable.
Growing Profit Margin: ARGO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ARGO is unprofitable, and losses have increased over the past 5 years at a rate of 47.8% per year.
Accelerating Growth: Unable to compare ARGO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ARGO is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (5.9%).
Return on Equity
High ROE: ARGO has a negative Return on Equity (-8.48%), as it is currently unprofitable.
How is Argo Group International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: ARGO's short term assets ($4.7B) do not cover its short term liabilities ($8.1B).
Long Term Liabilities: ARGO's short term assets ($4.7B) exceed its long term liabilities ($818.1M).
Debt to Equity History and Analysis
Debt Level: ARGO's debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: ARGO's debt to equity ratio has increased from 22.8% to 23.7% over the past 5 years.
Debt Coverage: ARGO's debt is well covered by operating cash flow (20.1%).
Interest Coverage: Insufficient data to determine if ARGO's interest payments on its debt are well covered by EBIT.
What is Argo Group International Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ARGO's dividend (2.74%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: ARGO's dividend (2.74%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: ARGO's dividends per share have been stable in the past 10 years.
Growing Dividend: ARGO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: ARGO is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: ARGO's dividends in 3 years are forecast to be well covered by earnings (33.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kevin Rehnberg (56 yo)
Mr. Kevin James Rehnberg serves as Director at Argo Group International Holdings, Ltd. since April 16, 2020. Mr. Rehnberg serves as the President of U.S. Operations of Argo Group US, Inc. Mr. Rehnberg has ...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD2.12M) is below average for companies of similar size in the US market ($USD3.88M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||12.67yrs||US$1.03m||0.33% |
|Head of International Operations||no data||US$956.66k||0.019% |
|Chief Investment Officer & Senior VP||no data||no data||no data|
|Chief Administrative Officer||no data||no data||no data|
|Head of Investor Relations||1.58yrs||no data||no data|
|VP, Corporate Counsel & Secretary||no data||no data||no data|
|General Counsel||0.25yr||no data||no data|
|Senior Vice President of Group Corporate Communications||no data||no data||no data|
|Senior VP & Chief Human Resources Officer||1.75yrs||no data||no data|
|Senior Vice President||no data||no data||no data|
|Senior Vice President of U.S. Operations||0.58yr||no data||no data|
Experienced Management: ARGO's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|Independent Director||0.92yr||no data||0.015% |
|Independent Chairman of the Board||0.75yr||US$265.08k||0.051% |
|Independent Director||0.75yr||no data||0.015% |
|Independent Director||10.67yrs||US$221.33k||0.064% |
|Independent Director||1.92yrs||US$208.26k||0.033% |
|Independent Director||9.92yrs||US$285.03k||0.058% |
|Independent Director||3.92yrs||US$179.33k||0.018% |
|Independent Director||1.92yrs||US$348.97k||0.012% |
|Independent Director||0.75yr||no data||0.010% |
|Independent Director||3.92yrs||US$207.33k||0.018% |
Experienced Board: ARGO's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Argo Group International Holdings, Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Argo Group International Holdings, Ltd.
- Ticker: ARGO
- Exchange: NYSE
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$1.572b
- Shares outstanding: 34.68m
- Website: https://www.argolimited.com
Number of Employees
- Argo Group International Holdings, Ltd.
- 110 Pitts Bay Road
- HM 08
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ARGO||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Nov 1986|
|3AR||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 1986|
|ARGO.PRA||NYSE (New York Stock Exchange)||7% DEP SH PFD A||US||USD||Jul 2020|
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 Internationa...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/19 23:26|
|End of Day Share Price||2021/01/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.