Arch Capital Group Ltd. (ACGL)
Market Cap | 34.76B |
Revenue (ttm) | 13.63B |
Net Income (ttm) | 4.40B |
Shares Out | 375.15M |
EPS (ttm) | 11.62 |
PE Ratio | 7.99 |
Forward PE | 11.36 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 87,891 |
Open | 93.04 |
Previous Close | 93.19 |
Day's Range | 92.39 - 93.19 |
52-Week Range | 69.05 - 95.01 |
Beta | 0.57 |
Analysts | Buy |
Price Target | 95.67 (+3.3%) |
Earnings Date | Apr 29, 2024 |
About ACGL
Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella ... [Read more]
Financial Performance
In 2023, ACGL's revenue was $13.63 billion, an increase of 41.83% compared to the previous year's $9.61 billion. Earnings were $4.40 billion, an increase of 206.62%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for ACGL stock is "Buy." The 12-month stock price forecast is $95.67, which is an increase of 3.30% from the latest price.
News
Arch Capital Buys Insurance Businesses Written by Fireman's Fund From Allianz
Shares of Arch Capital Group (ACGL) hit an all-time high Friday after the insurer said its North American unit was purchasing insurance businesses written by Fireman's Fund Insurance from Germany's Al...
Media Release: AGCS to focus on U.S. Large Corporate and Specialty insurance with sale of U.S. MidCorp and Entertainment businesses to Arch Insurance North America
MUNICH & NEW YORK--(BUSINESS WIRE)-- #AGCS--AGCS to focus on US Large Corporate and Specialty insurance with sale of US MidCorp and Entertainment businesses to Arch Insurance North America.
Arch Insurance North America to Acquire Allianz's U.S. MidCorp and Entertainment Insurance Businesses
NEW YORK--(BUSINESS WIRE)--Arch Insurance North America (Arch Insurance), part of Arch Capital Group Ltd. (Nasdaq: ACGL) (Arch), today announces it has entered into a master transaction agreement to a...
Arch Capital Group Ltd. Releases 2023 Sustainability Reports
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL, Arch, the Company) today announced it has released its 2023 Sustainability Report, Sustainability Accounting Standards Board ...
Arch Introduces Participant Accident Coverage for Camps and Child Education Centers Through the Arch APEX℠ Platform
NEW YORK--(BUSINESS WIRE)--Arch Insurance North America (Arch), a provider of specialized insurance and risk management solutions, today unveiled its latest products available through the Arch APEX℠ d...
Arch Capital Group Ltd. to Report 2024 First Quarter Results on April 29
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2024 first quarter results after the close of regular stock market hours on Monday,...
Arch Capital Group Ltd. Reports 2023 Fourth Quarter Results
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL; “Arch,” “our” or “the Company”) announces its 2023 fourth quarter results. The results included: Net income available to Arch...
Final Trades: Verizon, Abbvie, Gilead Sciences and Arch Capital Group
Jenny Harrington, Gilman Hill Asset Management CEO, Jim Lebenthal, chief equity strategist at Cerity Partners, Joe Terranova, senior managing director at Virtus Investment Partners, and Rob Sechan, ma...
Arch Capital Group Ltd. to Report 2023 Fourth Quarter Results on February 14
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2023 fourth quarter results after the close of regular stock market hours on Wednes...
Top 4 Financial Stocks That Could Blast Off This Quarter - Arch Capital Group (NASDAQ:ACGL), AGBA Group Holding (NASDAQ:AGBA)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
Arch Capital Group Ltd. Reports 2023 Third Quarter Results
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL; “Arch,” “our” or “the Company”) announces its 2023 third quarter results. The results included: Net income available to Arch ...
Arch Capital Group Names Seamus Fearon CEO, International Mortgage
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (Arch) today announced Seamus Fearon has been promoted to CEO, International Mortgage for the Global Mortgage Group. In this role, Fearon wi...
Arch Capital Group Ltd. to Report 2023 Third Quarter Results on October 30
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2023 third quarter results after the close of regular stock market hours on Monday,...
Insurance companies in the spotlight as Hurricane Idalia approaches Florida
Stocks with exposure to the insurance and reinsurance businesses were in the spotlight on Wednesday as Florida's upper Gulf Coast prepared for the landfall of Hurricane Idalia as a Category 4 storm. P...
Arch Capital Group Ltd. Reports 2023 Second Quarter Results
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL; “Arch” or “the Company”) announces its 2023 second quarter results. The results included: Net income available to Arch common...
Arch Capital Group Ltd. to Report 2023 Second Quarter Results on July 26
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2023 second quarter results after the close of regular stock market hours on Wednes...
Final Trades: Marriott, Arch Capital & more
The "Halftime Report" traders give their top picks to watch for the second half.
After the S&P's Wednesday jump, Jim Cramer dissects 10 stocks that performed well when the index bottomed out last year
After Wednesday saw the S&P suddenly jump, CNBC's Jim Cramer looked back at ten stocks that performed well even when the index bottomed out last October.
Arch Capital Group Ltd. Reports 2023 First Quarter Results
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL; “Arch” or “the Company”) announces its 2023 first quarter results. The results included: Net income available to Arch common ...
Arch Capital Group Ltd. Releases 2022 Sustainability Reports
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. [NASDAQ: ACGL] has released its 2022 sustainability reports including the 2022 Sustainability Report, Sustainability Accounting Standards Bo...
Arch Capital Group Ltd. to Report 2023 First Quarter Results on April 26
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2023 first quarter results after the close of regular stock market hours on Wednesd...
Arch Capital Group Ltd. Reports 2022 Fourth Quarter Results
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL; “Arch” or “the Company”) announces its 2022 fourth quarter results. The results included: Net income available to Arch common...
The Actuarial Foundation Presents its Formula 2023 Virtual Gala on May 11 - An exciting, live-streamed event celebrating math, education and diversity
SCHAUMBURG, Ill. , Feb. 2, 2023 /PRNewswire/ -- The Actuarial Foundation is excited to announce its Virtual Gala – Multiplying the Power of Math & Diversity.
Arch Insurance North America Announces Lauren Dieterich as Chief Operating Officer
NEW YORK--(BUSINESS WIRE)--Arch Insurance North America (Arch) today announced that Lauren Dieterich has joined the Company as Chief Operating Officer. She reports to Brian First, President of Arch ...
Arch Capital Group Ltd. to Report 2022 Fourth Quarter Results on Feb. 13, 2023
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2022 fourth quarter results after the close of regular stock market hours on Mond...