Assured Guaranty Ltd. (AGO)

NYSE: AGO · IEX Real-Time Price · USD
84.93
-0.33 (-0.39%)
Feb 23, 2024, 4:00 PM EST - Market closed
-0.39%
Market Cap 4.86B
Revenue (ttm) 1.34B
Net Income (ttm) 457.00M
Shares Out 57.26M
EPS (ttm) 7.46
PE Ratio 11.38
Forward PE 16.42
Dividend $1.12 (1.32%)
Ex-Dividend Date Mar 5, 2024
Volume 175,580
Open 85.32
Previous Close 85.26
Day's Range 84.84 - 85.65
52-Week Range 45.21 - 85.61
Beta 1.12
Analysts Buy
Price Target 69.50 (-18.17%)
Earnings Date Feb 27, 2024

About AGO

Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company operates in two segments, Insurance and Asset Management. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. In addition, the company insures and reinsures various debt obligations, including bonds issued by the United States state governmental au... [Read more]

Sector Financials
IPO Date Apr 23, 2004
Employees 411
Stock Exchange NYSE
Ticker Symbol AGO
Full Company Profile

Financial Performance

In 2022, AGO's revenue was $723.00 million, a decrease of -14.74% compared to the previous year's $848.00 million. Earnings were $124.00 million, a decrease of -68.12%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for AGO stock is "Buy." The 12-month stock price forecast is $69.5, which is a decrease of -18.17% from the latest price.

Price Target
$69.5
(-18.17% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Assured Guaranty Ltd. Raises Quarterly Dividend by 11% to $0.31 per Common Share

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) today declared a quarterly dividend of $0.31 per common share, an increase of 11% from the quarterly dividend of $0.28 per common s...

4 days ago - Business Wire

Mark Batten Joins Assured Guaranty's Board of Directors

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (Assured Guaranty) announced that Mark C. Batten has been appointed as a non-executive director to Assured Guaranty's Board of Dire...

5 days ago - Business Wire

Assured Guaranty Ltd. to Report Full Year and Fourth Quarter 2023 Financial Results on February 27, 2024

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (the Company) today announced that it will issue its financial results press release for the full year and fourth quarter ended Dec...

12 days ago - Business Wire

Nicholas Proud Named Assured Guaranty's Global Head of Origination

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty) announced that Nicholas Proud has been appointed Global Head of Origination for ...

17 days ago - Business Wire

Assured Guaranty Guarantees €93.7 Million Loan to Metro de Madrid, S.A.

PARIS--(BUSINESS WIRE)--Assured Guaranty (Europe) SA (AGE)*, an indirect subsidiary of Assured Guaranty Ltd. (together with its subsidiaries, Assured Guaranty), announced that it has guaranteed princi...

6 weeks ago - Business Wire

Assured Guaranty Municipal Insures $800 Million of Bonds for JFK International Airport's New Terminal One Project

NEW YORK--(BUSINESS WIRE)--Assured Guaranty Municipal Corp. (AGM)* insured $800 million of senior Special Facilities Revenue Bonds, Series 2023, issued by the New York Transportation Development Corpo...

2 months ago - Business Wire

Assured Guaranty Wraps £140 million Fixed Rate Public Bond Issue for Heathrow Airport

LONDON--(BUSINESS WIRE)--Assured Guaranty UK Limited (AGUK)* announced that it has guaranteed principal and interest payments on £140 million of primary wrapped bonds issued by Heathrow Airport, the U...

3 months ago - Business Wire

Assured Guaranty Announces New Senior Management Positions

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (Assured Guaranty or the Company) announced that, as of January 1, 2024, Chief Financial Officer Robert A. Bailenson will be appoin...

3 months ago - Business Wire

Assured Guaranty Ltd. Reports Results for Third Quarter 2023

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (AGL and, together with its subsidiaries, Assured Guaranty or the Company) announced today its financial results for the three-mon...

3 months ago - Business Wire

Assured Guaranty Ltd. Declares Quarterly Dividend of $0.28 per Common Share

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) today declared a quarterly dividend of $0.28 per common share. The dividend is payable on November 29, 2023 to shareholders of reco...

4 months ago - Business Wire

KBRA Affirms Assured Guaranty AA+ Insurance Financial Strength Ratings with Stable Outlook

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty) announced that Kroll Bond Rating Agency, LLC (KBRA) has affirmed the AA+ insuran...

4 months ago - Business Wire

Assured Guaranty Ltd. to Report Third Quarter 2023 Financial Results on November 7, 2023

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (the Company) today announced that it will issue its financial results press release for the third quarter ended September 30, 2023...

4 months ago - Business Wire

Assured Guaranty Announces Pricing of $350 Million Senior Notes Offering

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) announced that its subsidiary, Assured Guaranty US Holdings Inc. (AGUS), has agreed to sell $350 million of 6.125% Senior Notes du...

6 months ago - Business Wire

Assured Guaranty Ltd. Reports Results for Second Quarter 2023

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (AGL and, together with its subsidiaries, Assured Guaranty or the Company) announced today its financial results for the three-mon...

7 months ago - Business Wire

Assured Guaranty Ltd. to Report Second Quarter 2023 Financial Results on August 8, 2023

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (the Company) today announced that it will issue its financial results press release for the second quarter ended June 30, 2023 aft...

7 months ago - Business Wire

S&P Affirms Assured Guaranty's AA Financial Strength Ratings with Stable Outlook

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty) announced today that S&P Global Ratings (S&P) has affirmed the AA financial stre...

7 months ago - Business Wire

Assured Guaranty Sells Full Stake in Assured Healthcare Partners

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty) announced today that it has transferred the ownership of its entire equity inter...

7 months ago - Business Wire

Assured Guaranty has over $10 billion exposure to troubled UK water companies, Financial Times reports

U.S. insurer Assured Guaranty has amassed more than $10 billion of exposure to some heavily indebted UK water utilities, and could end up paying lenders in the case of defaults, the Financial Times re...

8 months ago - Reuters

Assured Guaranty Hires Marc Livolsi as Managing Director, Public Finance Marketing

NEW YORK--(BUSINESS WIRE)--Assured Guaranty Municipal Corp. (AGM)* and Assured Guaranty Corp. (AGC)* announced today that Marc Livolsi has joined the company as Managing Director, Public Finance Marke...

8 months ago - Business Wire

Assured Guaranty Completes Business Combination of Asset Management Business with Sound Point Capital Management

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty) today announced the completion of the combination of substantially all of Assure...

8 months ago - Business Wire

Assured Guaranty Ltd. Reports Results for First Quarter 2023

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (AGL and, together with its consolidated entities, Assured Guaranty or the Company) announced today its financial results for the ...

10 months ago - Business Wire

Assured Guaranty Ltd. to Report First Quarter 2023 Financial Results on May 9, 2023

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (the Company) today announced that it will issue its financial results press release for the first quarter ended March 31, 2023 aft...

10 months ago - Business Wire

Assured Guaranty Wraps £75 million CPI-Linked Bond Issue for Portsmouth Water Limited

LONDON--(BUSINESS WIRE)--Assured Guaranty UK Limited (AGUK)* announced that it has guaranteed principal and interest payments on a £75 million bond issued by Portsmouth Water Limited, a regulated wate...

11 months ago - Business Wire

Assured Guaranty and Sound Point Join Up to Form CLO Powerhouse

The deal is part of a wave of consolidation driven by insurers and alternative asset managers joining forces.

11 months ago - WSJ

Assured Guaranty stock climbs on Sound Point Capital Management combo

Assured Guaranty Ltd. AGO, -0.77% stock is up 4% in premarket trades after the credit product provider to the financial sector said it's creating the world's fifth largest asset management business th...

11 months ago - Market Watch