Assured Guaranty Ltd. (AGO)
Market Cap | 4.28B |
Revenue (ttm) | 1.34B |
Net Income (ttm) | 457.00M |
Shares Out | 57.26M |
EPS (ttm) | 7.46 |
PE Ratio | 10.03 |
Forward PE | 14.21 |
Dividend | $1.12 (1.50%) |
Ex-Dividend Date | Nov 14, 2023 |
Volume | 119,790 |
Open | 74.94 |
Previous Close | 74.73 |
Day's Range | 74.21 - 74.97 |
52-Week Range | 45.21 - 75.08 |
Beta | 1.07 |
Analysts | Buy |
Price Target | 69.50 (-7.12%) |
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]
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 StatementsAnalyst 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 -7.12% from the latest price.
News
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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.
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...
Assured Guaranty's Asset Management Business to Combine with Sound Point Capital Management
HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty) today announced an agreement with Sound Point Capital Management, L.P. (Sound Po...
Sound Point Capital to Acquire Assured Investment Management, and Receive $1 Billion Investment Commitment From Assured Guaranty
NEW YORK--(BUSINESS WIRE)--Sound Point Capital Management, LP, a credit-oriented investment manager overseeing approximately $32 billion in total assets, is pleased to announce that it has entered int...
Assured Guaranty Ltd. Reports Results for Fourth Quarter 2022 and Full Year 2022
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 ...
New Assured Guaranty Subsidiary AG Analytics to Develop Muni Fintech Platform
HAMILTON, Bermuda--(BUSINESS WIRE)--To provide broader, more comprehensive and convenient access to municipal credit and portfolio management analytics for the municipal market, Assured Guaranty Ltd. ...
Assured Guaranty Ltd. Raises Quarterly Dividend by 12% to $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, an increase of 12% from the quarterly dividend of $0.25 per common s...