Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets.
No risks detected for ARGO from our risk checks.
Argo Group International Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$50.82|
|52 Week High||US$33.55|
|52 Week Low||US$58.61|
|1 Month Change||-6.06%|
|3 Month Change||-2.55%|
|1 Year Change||50.98%|
|3 Year Change||-19.40%|
|5 Year Change||3.59%|
|Change since IPO||238.82%|
Recent News & Updates
|ARGO||US Insurance||US Market|
Return vs Industry: ARGO exceeded the US Insurance industry which returned 42.2% over the past year.
Return vs Market: ARGO exceeded the US Market which returned 35.3% over the past year.
Stable Share Price: ARGO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ARGO's weekly volatility (4%) has been stable over the past year.
About the Company
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 International Operations.
Argo Group International Holdings Fundamentals Summary
|ARGO fundamental statistics|
Is ARGO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ARGO income statement (TTM)|
|Cost of Revenue||US$1.52b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.89|
|Net Profit Margin||3.16%|
How did ARGO perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
Is Argo Group International Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ARGO ($50.82) is trading below our estimate of fair value ($58.43)
Significantly Below Fair Value: ARGO is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ARGO is poor value based on its PE Ratio (27x) compared to the US Insurance industry average (9.5x).
PE vs Market: ARGO is poor value based on its PE Ratio (27x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: ARGO is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: ARGO's PB Ratio (1x) 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 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ARGO's forecast earnings growth (16.9% per year) is above the savings rate (2%).
Earnings vs Market: ARGO's earnings (16.9% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: ARGO's earnings are forecast to grow, but not significantly.
Revenue vs Market: ARGO's revenue (2.8% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: ARGO's revenue (2.8% 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 (8.6%).
How has Argo Group International Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARGO has high quality earnings.
Growing Profit Margin: ARGO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ARGO's earnings have declined by 48.5% per year over the past 5 years.
Accelerating Growth: ARGO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ARGO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (76%).
Return on Equity
High ROE: ARGO's Return on Equity (4%) is considered low.
How is Argo Group International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: ARGO's short term assets ($4.3B) do not cover its short term liabilities ($7.6B).
Long Term Liabilities: ARGO's short term assets ($4.3B) exceed its long term liabilities ($832.5M).
Debt to Equity History and Analysis
Debt Level: ARGO's debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: ARGO's debt to equity ratio has increased from 21.2% to 24.2% over the past 5 years.
Debt Coverage: ARGO's debt is well covered by operating cash flow (35.4%).
Interest Coverage: ARGO's interest payments on its debt are well covered by EBIT (5.8x coverage).
What is Argo Group International Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ARGO's dividend (2.44%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: ARGO's dividend (2.44%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: ARGO's dividends per share have been stable in the past 10 years.
Growing Dividend: ARGO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.5%), ARGO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ARGO's dividends in 3 years are forecast to be well covered by earnings (27.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kevin Rehnberg (57 yo)
Mr. Kevin James Rehnberg serves as Director at Argo Group International Holdings, Ltd. since April 16, 2020. Mr. Rehnberg serves as the President of U.S.Operations of Argo Group US, Inc. Mr. Rehnberg has...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD3.93M) is about average for companies of similar size in the US market ($USD3.68M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
Experienced Management: ARGO's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Experienced Board: ARGO's board of directors are not considered experienced ( 1.6 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Argo Group International Holdings, Ltd.'s employee growth, exchange listings and data sources
- Name: Argo Group International Holdings, Ltd.
- Ticker: ARGO
- Exchange: NYSE
- Founded: 1999
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$1.771b
- Shares outstanding: 34.85m
- Website: https://www.argolimited.com
Number of Employees
- Argo Group International Holdings, Ltd.
- 90 Pitts Bay Road
- HM 08
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 22:03|
|End of Day Share Price||2021/09/24 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.