ARGO RSI Chart
Last 7 days
-2.0%
Last 30 days
-3.0%
Last 90 days
-3.0%
Trailing 12 Months
3151.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.7B | 1.6B | 1.4B | 1.7B |
2022 | 2.1B | 2.0B | 1.9B | 1.8B |
2021 | 2.0B | 2.1B | 2.1B | 2.1B |
2020 | 1.9B | 1.9B | 1.9B | 1.9B |
2019 | 1.9B | 1.9B | 1.9B | 2.0B |
2018 | 1.8B | 1.8B | 1.9B | 1.8B |
2017 | 1.6B | 1.7B | 1.7B | 1.8B |
2016 | 1.5B | 1.5B | 1.5B | 1.6B |
2015 | 1.5B | 1.5B | 1.5B | 1.5B |
2014 | 1.5B | 1.5B | 1.5B | 1.5B |
2013 | 1.4B | 1.4B | 1.4B | 1.5B |
2012 | 1.3B | 1.3B | 1.3B | 1.3B |
2011 | 1.3B | 1.3B | 1.3B | 1.3B |
2010 | 1.5B | 1.5B | 1.5B | 1.4B |
2009 | 0 | 1.3B | 1.4B | 1.5B |
2008 | 0 | 0 | 0 | 1.2B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Nov 16, 2023 | bailey bernard c | back to issuer | -274,830 | 30.00 | -9,161 | - |
Nov 16, 2023 | kirk scott | back to issuer | -828,090 | 30.00 | -27,603 | chief financial officer |
Nov 16, 2023 | mcfate carol a. | back to issuer | -272,370 | 30.00 | -9,079 | - |
Nov 16, 2023 | comparato susan | back to issuer | -351,090 | 30.00 | -11,703 | chief administrative officer |
Nov 16, 2023 | bradley thomas a | back to issuer | -2,062,200 | 30.00 | -68,740 | chief executive officer |
Nov 16, 2023 | liss samuel g | back to issuer | -460,740 | 30.00 | -15,358 | - |
Nov 16, 2023 | kiene allison | back to issuer | -301,170 | 30.00 | -10,039 | general counsel & secretary |
Nov 16, 2023 | ramji al noor | back to issuer | -305,610 | 30.00 | -10,187 | - |
Nov 16, 2023 | snyder jessica e. | back to issuer | -564,600 | 30.00 | -18,820 | ceo, former president, us ins |
Nov 16, 2023 | lehane dymphna | back to issuer | -316,898 | 30.00 | -10,563 | - |
Which funds bought or sold ARGO recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC Financial Services Group, Inc. | sold off | -100 | -15,248 | - | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | sold off | -100 | -12,356,700 | - | -% |
Mar 11, 2024 | VANGUARD GROUP INC | sold off | -100 | -109,253,000 | - | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | sold off | -100 | -26,712,300 | - | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | sold off | -100 | -476,545 | - | -% |
Feb 16, 2024 | GSA CAPITAL PARTNERS LLP | sold off | -100 | -288,000 | - | -% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | sold off | -100 | -760,000 | - | -% |
Feb 15, 2024 | Baker Avenue Asset Management, LP | sold off | -100 | -16,830 | - | -% |
Feb 15, 2024 | Legal & General Group Plc | sold off | -100 | -974,784 | - | -% |
Feb 15, 2024 | Westchester Capital Management, LLC | sold off | -100 | -6,920,550 | - | -% |
Unveiling Argo Group International Holdings's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Date Filed | Form Type | Document | |
---|---|---|---|
Peers (Alternatives to Argo Group International Holdings)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ARGO | 1.0T | 1.3B | -4.8K | 761.86 | ||||
AJG | 51.3B | 10.1B | 52.89 | 5.1 | ||||
AIG | 50.5B | 46.8B | 13.88 | 1.08 | ||||
TRV | 49.0B | 42.9B | 15.61 | 1.14 | ||||
AFL | 48.0B | 18.7B | 10.31 | 2.57 | ||||
ACGL | 34.8B | 13.6B | 7.82 | 2.55 | ||||
AFG | 10.7B | 7.8B | 12.56 | 1.37 | ||||
MID-CAP | ||||||||
UNM | 9.8B | 12.4B | 7.66 | 0.79 | ||||
AIZ | 9.0B | 11.1B | 14.06 | 0.81 | ||||
LNC | 4.7B | 11.6B | -6.24 | 0.4 | ||||
AEL | 4.4B | 2.8B | 20.89 | 1.55 | ||||
SMALL-CAP | ||||||||
BRP | 1.7B | 1.2B | -18.38 | 1.36 | ||||
AMSF | 973.6M | 306.9M | 15.68 | 3.17 | ||||
AMBC | 650.8M | 269.0M | 144.63 | 2.42 | ||||
AAME | 40.0M | 186.8M | -233.85 | 0.21 |
Argo Group International Holdings News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q4 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 |
Revenue | - | - | - | 651,900,000 | 342,700,000 | 329,900,000 | 401,700,000 | 363,400,000 | 455,000,000 | 454,300,000 | 483,800,000 | 530,700,000 | 528,300,000 | 547,700,000 | 523,600,000 | 520,700,000 | 481,800,000 | 452,700,000 | 434,400,000 | 484,600,000 | 487,400,000 | 488,600,000 |
EBITDA Margin | 0% | -0.13 | -0.13 | - | -0.11 | -0.12 | -0.11 | -0.08 | -0.06 | -0.02 | 0.03 | 0.03 | 0.09 | 0.07 | 0.03 | - | - | - | - | - | - | - |
Interest Expenses | - | - | - | 12,900,000 | 8,700,000 | 8,200,000 | 8,500,000 | 8,100,000 | 6,800,000 | 6,100,000 | 5,800,000 | 5,300,000 | 5,500,000 | 5,700,000 | 5,100,000 | 5,200,000 | 6,900,000 | 7,000,000 | 7,800,000 | 8,400,000 | 7,700,000 | 9,400,000 |
Income Taxes | - | - | - | -11,500,000 | 17,600,000 | -5,800,000 | -8,500,000 | -29,100,000 | -4,000,000 | 12,100,000 | 13,000,000 | -17,500,000 | 5,800,000 | 8,900,000 | 1,400,000 | 800,000 | -3,400,000 | 11,300,000 | -1,000,000 | 500,000 | -1,100,000 | 800,000 |
Earnings Before Taxes | - | - | - | -177,200,000 | -29,300,000 | -3,600,000 | -42,300,000 | -138,300,000 | -52,800,000 | -4,100,000 | 12,000,000 | -132,800,000 | 28,200,000 | 78,700,000 | 31,200,000 | -100,000 | -26,500,000 | 5,900,000 | -25,700,000 | -102,200,000 | -27,100,000 | 27,800,000 |
EBT Margin | 0% | -0.16 | -0.16 | -0.15 | -0.15 | -0.15 | -0.14 | -0.10 | -0.09 | -0.05 | -0.01 | 0.00 | 0.07 | 0.04 | - | - | - | - | - | - | - | - |
Net Income | - | - | - | -165,700,000 | -46,900,000 | 2,200,000 | -33,800,000 | -109,200,000 | -48,800,000 | -16,200,000 | -1,000,000 | -115,300,000 | 22,400,000 | 69,800,000 | 29,800,000 | -900,000 | -23,100,000 | -5,400,000 | -24,700,000 | -102,700,000 | -26,000,000 | 27,000,000 |
Net Income Margin | 0% | -0.16 | -0.16 | -0.14 | -0.13 | -0.12 | -0.12 | -0.10 | -0.09 | -0.06 | -0.01 | 0.00 | 0.06 | 0.04 | - | - | - | - | - | - | - | - |
Free Cashflow | - | - | - | - | 151,900,000 | 74,900,000 | 33,500,000 | -51,900,000 | 62,000,000 | 54,200,000 | -33,500,000 | 53,300,000 | 47,700,000 | -88,300,000 | 62,500,000 | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.8% | 8,503 | 8,440 | 8,187 | 8,204 | 10,034 | 9,859 | 9,876 | 9,981 | 10,318 | 10,518 | 10,368 | 10,349 | 10,466 | 10,722 | 10,378 | 10,178 | 10,509 | 10,434 | 10,153 | 9,943 | 9,558 |
Cash Equivalents | 1133.0% | 792 | 64.00 | 29.00 | 36.00 | 50.00 | 99.00 | 165 | 154 | 146 | 202 | 191 | 157 | 149 | 300 | 188 | 159 | 138 | 145 | 182 | 153 | 140 |
Goodwill | -100.0% | - | 119 | 119 | 119 | 119 | 136 | 147 | 147 | 147 | 147 | 147 | 147 | 147 | 157 | 157 | 161 | 161 | 177 | 177 | 177 | 177 |
Liabilities | -0.9% | 7,206 | 7,268 | 6,952 | 6,960 | 8,802 | 8,534 | 8,415 | 8,370 | 8,583 | 8,631 | 8,470 | 8,528 | 8,608 | 8,873 | 8,671 | 8,564 | 8,745 | 8,559 | 8,242 | 8,078 | 7,812 |
Shareholder's Equity | 10.8% | 1,298 | 1,171 | 1,235 | 1,245 | 1,233 | 1,325 | 1,461 | 1,611 | 1,735 | 1,888 | 1,898 | 1,821 | 1,858 | 1,849 | 1,708 | 1,614 | 1,764 | 1,875 | 1,912 | 1,865 | 1,735 |
Retained Earnings | -99.7% | 1.00 | 321 | 371 | 371 | 407 | 530 | 593 | 622 | 636 | 766 | 757 | 701 | 684 | 698 | 734 | 750 | 794 | 907 | 943 | 928 | 851 |
Additional Paid-In Capital | -96.3% | 51.00 | 1,396 | 1,395 | 1,397 | 1,395 | 1,393 | 1,389 | 1,389 | 1,386 | 1,385 | 1,383 | 1,381 | 1,380 | 1,379 | 1,377 | 1,374 | 1,377 | 1,373 | 1,370 | 1,375 | 1,372 |
Shares Outstanding | -100.0% | - | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 1,038 | - | - | - | 1,287 | - | - | - | 1,797 | - | - | - | 1,152 | - | - | - | 2,437 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q4 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 |
Cashflow From Operations | - | - | - | - | 151,900 | 80,500 | 39,100 | -46,300 | 67,600 | 59,800 | -27,900 | 58,900 | 53,300 | -82,700 | 70,200 | -29,500 | 204,500 | -71,700 | -31,400 | -12,900 | 200,600 | -60,500 |
Share Based Compensation | - | - | - | - | 900 | -2,100 | 1,500 | 3,200 | 3,800 | -600 | 3,200 | 1,600 | 1,900 | 2,200 | 2,300 | 1,000 | 2,300 | 2,500 | 2,900 | 5,200 | 2,900 | 4,200 |
Cashflow From Investing | - | - | - | - | -115,100 | -85,400 | -121,600 | 79,500 | -120,500 | -35,600 | 50,000 | -106,500 | -28,500 | 129,100 | -50,000 | -105,000 | -95,100 | 114,500 | 61,300 | 16,400 | -229,500 | 102,000 |
Cashflow From Financing | - | - | - | - | -2,200 | -2,200 | -2,100 | -13,800 | -13,000 | -10,800 | -14,500 | -13,500 | -13,000 | -13,300 | -13,100 | -13,000 | 6,500 | -9,900 | -10,400 | -10,100 | -9,900 | -11,300 |
Dividend Payments | - | - | - | -100 | - | -200 | - | 10,900 | 11,200 | 10,500 | 10,800 | 11,000 | 10,800 | 11,100 | 10,800 | 10,800 | 10,900 | 10,600 | 10,700 | 10,600 | 9,800 | 11,900 |
Buy Backs | - | - | - | - | 100 | - | 800 | 200 | 700 | 300 | 1,000 | 300 | 100 | 1,000 | 1,400 | 100 | 100 | 700 | 5,800 | 2,600 | 300 | 9,300 |
Consolidated Statements of Income (Loss) - USD ($) $ in Millions | 2 Months Ended | 11 Months Ended | 12 Months Ended | |
---|---|---|---|---|
Dec. 31, 2023 | Nov. 15, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Premiums and other revenue: | ||||
Net earned premiums | $ 162.3 | $ 1,225.9 | $ 1,740.4 | $ 1,910.1 |
Net investment income | 28.6 | 121.3 | 129.8 | 187.6 |
Net investment and other gains (losses): | ||||
Net realized investment and other gains (losses) | 0.1 | (20.4) | (115.9) | 72.4 |
Change in fair value recognized | (0.2) | (0.2) | 3.1 | (40.4) |
Change in allowance for credit losses on fixed maturity securities | (0.2) | (2.1) | (2.5) | 0.6 |
Total net investment and other gains (losses) | (0.3) | (22.7) | (115.3) | 32.6 |
Total revenue | 190.6 | 1,324.5 | 1,754.9 | 2,130.3 |
Expenses: | ||||
Losses and loss adjustment expenses | 94.2 | 1,043.2 | 1,166.9 | 1,314.6 |
Underwriting, acquisition and general expenses | 77.2 | 419.0 | 670.7 | 702.3 |
Non-operating expenses | 13.1 | 41.1 | 51.5 | 43.7 |
Interest expense | 3.5 | 29.8 | 26.8 | 21.6 |
Fee and other (income) expense, net | (0.2) | (0.3) | (1.3) | (2.0) |
Foreign currency exchange (gains) losses | 0.6 | 1.8 | (5.0) | 1.6 |
Impairment of goodwill and intangibles | 0.0 | 0.0 | 28.5 | 43.2 |
Total expenses | 188.4 | 1,534.6 | 1,938.1 | 2,125.0 |
Income (loss) before income taxes | 2.2 | (210.1) | (183.2) | 5.3 |
Income tax provision (benefit) | 1.3 | 0.3 | (8.0) | (1.4) |
Net income (loss) | 0.9 | (210.4) | (175.2) | 6.7 |
Dividends on Series A Preferred stock | 0.0 | 10.5 | 10.5 | 10.5 |
Net income (loss) attributable to common shareholders, diluted | 0.9 | (220.9) | (185.7) | (3.8) |
Net income (loss) attributable to common shareholders, basic | 0.9 | $ (220.9) | $ (185.7) | $ (3.8) |
Net income (loss) attributable to common stockholders per share of common stock: | ||||
Basic (in dollars per share) | $ (6.28) | $ (5.31) | $ (0.11) | |
Diluted (in dollars per share) | (6.28) | (5.31) | (0.11) | |
Dividend declared per common share (in dollars per share) | $ 0 | $ 1.24 | $ 1.24 | |
Weighted average common stock: | ||||
Basic (in shares) | 35,166,679 | 34,980,608 | 34,816,160 | |
Diluted (in shares) | 35,166,679 | 34,980,608 | 34,816,160 | |
Other-than-temporary impairment losses recognized in earnings: | ||||
Net realized investment gains (losses) before other-than-temporary impairment losses | (0.3) | $ (19.8) | $ (79.2) | $ 32.6 |
Other-than-temporary impairment losses on fixed maturities | 0.0 | (2.9) | (36.1) | 0.0 |
Investment impairment losses recognized in earnings | $ 0.0 | $ (2.9) | $ (36.1) | $ 0.0 |
Financial Designation, Predecessor and Successor [Fixed List] | Successor |
Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Investments: | ||
Fixed maturities available-for-sale, at fair value (cost: 2023 - $2,521.5, 2022 - $3,016.4; allowance for expected credit losses: 2023 - $0.2, 2022 - $2.8) | $ 2,585.4 | $ 2,675.5 |
Commercial mortgage loans (cost: 2023 - $144.8, 2022 - $159.9; allowance for expected credit losses: 2023 - $0.2, 2022 - $0.2) | 144.6 | 159.7 |
Equity securities, at fair value (cost: 2023 - $11.7; 2022 - $54.7) | 10.7 | 43.9 |
Other investments (cost: 2023 - $311.0; 2022 - $323.2) | 311.0 | 323.2 |
Short-term investments, at fair value (cost: 2023 - $429.0; 2022 - $449.4) | 429.5 | 449.6 |
Investments | 3,481.2 | 3,651.9 |
Cash, restricted cash and cash equivalents | 791.6 | 50.2 |
Accrued investment income | 20.4 | 18.6 |
Premiums receivable | 230.7 | 292.0 |
Reinsurance recoverables | 2,959.3 | 3,029.1 |
Goodwill | 0.0 | 118.6 |
Other intangible assets, net of accumulated amortization | 180.6 | 0.0 |
Current income taxes receivable, net | 53.1 | 44.9 |
Deferred tax assets, net | 39.1 | 101.2 |
Deferred acquisition costs, net | 7.2 | 107.0 |
Ceded unearned premiums | 356.0 | 375.5 |
Operating lease right-of-use assets | 51.2 | 57.7 |
Other assets | 189.1 | 121.5 |
Value of business acquired, net of accumulated amortization | 143.6 | 0.0 |
Assets held-for-sale | 0.0 | 2,066.2 |
Total assets | 8,503.1 | 10,034.4 |
Liabilities and Stockholders' Equity | ||
Reserves for losses and loss adjustment expenses | 5,544.5 | 5,051.6 |
Unearned premiums | 916.6 | 1,039.9 |
Accrued underwriting expenses and other liabilities | 73.9 | 121.3 |
Ceded reinsurance payable, net | 192.7 | 158.7 |
Funds held | 57.3 | 50.0 |
Senior unsecured fixed rate notes | 128.0 | 140.5 |
Junior subordinated debentures | 241.2 | 258.6 |
Operating lease liabilities | 51.4 | 66.4 |
Liabilities held-for-sale | 0.0 | 1,914.5 |
Total liabilities | 7,205.6 | 8,801.5 |
Commitments and contingencies | ||
Stockholders' equity: | ||
Series A Preferred stock and additional paid-in capital - $1.00 par, 30,000,000 shares authorized; 6,000 and 6,000 shares issued at December 31, 2023 and December 31, 2022, respectively; liquidation preference $25,000 | 137.1 | 144.0 |
Common stock - $1.00 par, 2,000,000,000 and 500,000,000 shares authorized at December 31, 2023 and December 31, 2022, respectively; 1,056,638,730 and 46,379,297 shares issued at December 31, 2023 and December 31, 2022, respectively | 1,056.6 | 46.4 |
Additional paid-in capital | 51.1 | 1,395.4 |
Treasury shares (0 and 11,318,339 shares at December 31, 2023 and December 31, 2022, respectively) | 0.0 | (455.1) |
Retained earnings | 0.9 | 407.3 |
Accumulated other comprehensive gain (loss), net of taxes | 51.8 | (305.1) |
Total stockholders' equity | 1,297.5 | 1,232.9 |
Total liabilities and stockholders' equity | $ 8,503.1 | $ 10,034.4 |