Headlines about Argo Group International Holdings (NASDAQ:AGII) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Argo Group International Holdings earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave media headlines about the insurance provider an impact score of 46.2475171563651 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern’s analysis:
- $424.05 Million in Sales Expected for Argo Group International Holdings, Ltd. (AGII) This Quarter (americanbankingnews.com)
- Argo Group International Holdings, Ltd. (AGII) Expected to Announce Earnings of $0.38 Per Share (americanbankingnews.com)
- Colony Specialty Appoints York as North Region Casualty Manager (insurancejournal.com)
- Loews Corporation (L) and Argo Group International Holdings (AGII) Head-To-Head Survey (americanbankingnews.com)
- Argo Group International Holdings, Ltd. (AGII) Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
Several equities analysts recently commented on the company. Zacks Investment Research lowered Argo Group International Holdings from a “buy” rating to a “hold” rating in a report on Monday, September 11th. BidaskClub raised Argo Group International Holdings from a “strong sell” rating to a “sell” rating in a report on Saturday, August 19th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $70.00 target price on shares of Argo Group International Holdings in a report on Tuesday, July 4th.
Shares of Argo Group International Holdings (AGII) traded up 1.58% during trading on Friday, hitting $61.10. The company’s stock had a trading volume of 184,967 shares. The firm’s 50 day moving average price is $59.75 and its 200-day moving average price is $62.72. The company has a market cap of $1.84 billion, a PE ratio of 11.04 and a beta of 0.82. Argo Group International Holdings has a 52 week low of $54.40 and a 52 week high of $69.03.
Argo Group International Holdings (NASDAQ:AGII) last issued its earnings results on Monday, August 7th. The insurance provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.25. Argo Group International Holdings had a net margin of 10.04% and a return on equity of 6.39%. The business had revenue of $447.10 million for the quarter, compared to analyst estimates of $412.90 million. During the same quarter in the prior year, the business posted $1.20 EPS. The company’s revenue for the quarter was up 15.2% on a year-over-year basis. On average, analysts predict that Argo Group International Holdings will post $3.94 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date was Wednesday, August 30th. Argo Group International Holdings’s dividend payout ratio is presently 19.49%.
In other Argo Group International Holdings news, insider Mark E. Watson III sold 22,246 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $60.19, for a total value of $1,338,986.74. Following the completion of the transaction, the insider now owns 593,661 shares in the company, valued at approximately $35,732,455.59. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 4.86% of the stock is owned by corporate insiders.
About Argo Group International Holdings
Argo Group International Holdings, Ltd. is an underwriter of specialty insurance and reinsurance products in the property and casualty market. The Company operates through four segments: Excess and Surplus Lines, Commercial Specialty, International Specialty and Syndicate 1200. Excess and Surplus Lines segment carriers focus on risks that the standard (admitted) market is unwilling or unable to underwrite.
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