Headquartered in Waterloo House, Pembroke Fiscal year ends December NASDAQ: ACGL archgroup.com
Arch Capital Group Ltd. is a Bermuda-based, publicly listed holding company and S&P 500 constituent with approximately $27.3 billion in capital and $49.2 billion in investable assets. The company provides insurance, reinsurance, and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. Its insurance segment focuses on specialty commercial lines including property, casualty, professional liability, workers compensation, and commercial automobile, primarily in North America, Bermuda, the U.K., continental Europe, and Australia. The reinsurance segment writes casualty, specialty, property catastrophe, property excluding catastrophe, and marine and aviation lines globally. The mortgage segment underwrites U.S. primary mortgage insurance predominantly on loans sold to Fannie Mae and Freddie Mac, U.S. credit risk transfer reinsurance, and international mortgage insurance and reinsurance covering loans primarily in Australia and Europe. Arch also holds strategic investments in Somers Group Holdings Ltd. and Coface SA. The company maintains an investment portfolio with an average credit quality of AA-/Aa3 and has cumulatively repurchased over $11 billion of its own shares. Updated
Arch Capital beat expectations on both lines for a fourth straight quarter despite catastrophe losses, and management has only $725 million of buyback authorization left after repurchasing $1.43 billion in the quarter.
Pre-Market Stock Futures: Futures are trading mixed after a slow start to the week, ahead of the 3rd-quarter earnings season, which kicks off today with four large-cap financial stocks reporting, and for…
Monday's top analyst upgrades and downgrades included Adobe, Apple, Arch Capital, ChargePoint, CSX, Digital Ocean, First Solar, Gilead Sciences, Lucid, Shopify and Snowflake.
Wednesday's top analyst upgrades and downgrades included Allstate, Archer Daniels Midland, Avis Budget, Baidu, Centene, Lemonade, Melco Resorts & Entertainment, Palantir Technologies, Peabody Energy, Philip Morris, Shopify and Zscaler.
BofA has published its list of top picks in each of the 11 market sectors. Only 2 stocks have returned from last year's list.
Monday’s top analyst upgrades and downgrades included Applied Materials, Autodesk, BJ's Wholesale Club, Bluebird Bio, Domino’s Pizza, eBay, Foot Locker, Kohl's, Nasdaq, Salesforce, Snowflake, Southern, Teradyne, UDR and ZTO Express.
24/7 Wall St. looks at some big analyst upgrades and downgrades that we have seen so far on Monday, including Couchbase, CS Disco, Instructure, Paycor and Planet Fitness.
BofA Securities has added a leading insurance company to its US 1 List of high-conviction stock picks. Plus, the three highest-yielding stocks on the list have better payouts than the puny 30-year…
Tuesday's top analyst upgrades and downgrades included Airbnb, American Express, Arch Capital, Carlyle, Darden Restaurants, Facebook, Eli Lilly and Nio.
The top analyst upgrades, downgrades and other research calls from Monday include BlackRock, Chevron, Disney, Intel, Kinder Morgan and Zillow.
The top analyst upgrades, downgrades and other research calls from Thursday include Booking Holdings, Borg Warner, Delphi, Pandora, Ralph Lauren and Southwest Airlines.
The top analyst upgrades, downgrades and other research calls from Monday include GrubHub, Kroger, Newell Brands, Seagate, Snap, Sony, WEX and FireEye.
While the selling was robust, it certainly wasn’t extraordinary, and it should be expected given the big run in the markets this year.
The top analyst upgrades, downgrades and initiations seen on Thursday morning include Apple, AT&T, Autodesk, Bluebird Bio, Monsanto and Sarepta Therapeutics.
Wednesday's top analyst upgrades, downgrades and initiations include Aegerion Pharmaceuticals, Amazon.com, EMC, McDonald's, MetLife, Microsoft, SanDisk and Tyco International.
Thursday's top analyst upgrades, downgrades and initiations include Bankrate, Eli Lilly, Embraer, Oracle and Southwest Airlines.
Arch Capital Group Ltd. is a Bermuda-based, publicly listed holding company and S&P 500 constituent with approximately $27.3 billion in capital and $49.2 billion in investable assets. The company provides insurance, reinsurance, and mortgage insurance on a worldwide basis through its wholly owned subsidiaries.
24/7 Wall St.'s 12-month price target for ACGL is $125.23, rated Buy. The Wall Street consensus target is $112.84. ACGL price prediction →
