|Bid||16.00 x 1000|
|Ask||0.00 x 800|
|Day's range||20.25 - 21.61|
|52-week range||15.25 - 26.90|
|Beta (5Y monthly)||1.00|
|PE ratio (TTM)||5.58|
|Forward dividend & yield||1.36 (6.84%)|
|Ex-dividend date||11 Mar 2020|
|1y target est||N/A|
Arch Capital (ACGL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Arch Capital Group Ltd. [NASDAQ: ACGL] has entered into a share purchase agreement with Natixis regarding the acquisition of a 29.5% stake in Coface, a France-based leader in the global trade credit insurance market.
Arch Capital (ACGL) is poised for growth on improved net premiums attributable to strong segmental performance and solid liquidity position.
Players in the insurance industry are likely to have gained from increase in rate hikes and effect of share buyback, partly offset by catastrophe losses.
On a per-share basis, the Pembroke, Bermuda-based company said it had profit of $1.07. Earnings, adjusted for investment gains, were 67 cents per share. The results surpassed Wall Street expectations. ...