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ARGO

ARGO - Argo Group International Holdings Stock Price, Fair Value and News

970.00USD-10.00 (-1.02%)Market Closed
Watchlist

Market Summary

USD970.00-10.00
Market Closed
-1.02%

ARGO Stock Price

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ARGO RSI Chart

ARGO Valuation

Market Cap

34.2B

Price/Earnings (Trailing)

-181.99

Price/Sales (Trailing)

23.76

EV/EBITDA

-206.39

Price/Free Cashflow

151.68

ARGO Price/Sales (Trailing)

ARGO Profitability

EBT Margin

-14.85%

Return on Equity

-16.02%

Return on Assets

-2.22%

Free Cashflow Yield

0.66%

ARGO Fundamentals

ARGO Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

-24.68%

Rev. Growth (Qtr)

3.88%

ARGO Earnings

Earnings (TTM)

-187.7M

Earnings Growth (Yr)

3.89%

Earnings Growth (Qtr)

-2.2K%

Breaking Down ARGO Revenue

Last 7 days

-1.5%

Last 30 days

-2.0%

Last 90 days

3129.6%

Trailing 12 Months

3200.4%

How does ARGO drawdown profile look like?

ARGO Financial Health

ARGO Investor Care

Dividend Yield

0.03%

Dividend/Share (TTM)

0.31

Shares Dilution (1Y)

0.46%

Diluted EPS (TTM)

-5.66

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.7B1.6B1.4B0
20222.1B2.0B1.9B1.8B
20212.0B2.1B2.1B2.1B
20201.9B1.9B1.9B1.9B
20191.9B1.9B1.9B2.0B
20181.8B1.8B1.9B1.8B
20171.6B1.7B1.7B1.8B
20161.5B1.5B1.5B1.6B
20151.5B1.5B1.5B1.5B
20141.5B1.5B1.5B1.5B
20131.4B1.4B1.4B1.5B
20121.3B1.3B1.3B1.3B
20111.3B1.3B1.3B1.3B
20101.5B1.5B1.5B1.4B
20091.3B1.4B1.5B1.5B
20080001.2B

Tracking the Latest Insider Buys and Sells of Argo Group International Holdings

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold ARGO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
sold off
-100
-760,000
-
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
sold off
-100
-288,000
-
-%
Feb 15, 2024
BARCLAYS PLC
sold off
-100
-5,899,000
-
-%
Feb 15, 2024
Baker Avenue Asset Management, LP
sold off
-100
-16,830
-
-%
Feb 15, 2024
Farther Finance Advisors, LLC
sold off
-100
-179
-
-%
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
-
-%
Feb 14, 2024
MetLife Investment Management, LLC
sold off
-100
-506,176
-
-%
Feb 14, 2024
Mariner, LLC
sold off
-100
-236,228
-
-%
Feb 14, 2024
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V.
sold off
-100
-29,022,600
-
-%

1–10 of 48

Are Funds Buying or Selling ARGO?

Are funds buying ARGO calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ARGO
No. of Funds

Unveiling Argo Group International Holdings's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
champlain investment partners, llc
0.00%
0
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
0.0%
0
SC 13G/A
Jul 10, 2023
vanguard group inc
10.35%
3,640,467
SC 13G/A
May 01, 2023
fourworld capital management llc
15.68%
5,502,120
SC 13G
Apr 05, 2023
pzena investment management llc
4.7%
1,651,321
SC 13G/A
Mar 24, 2023
voce capital management llc
4.5%
1,578,491
SC 13D/A
Mar 22, 2023
voce capital management llc
6.1%
2,145,721
SC 13D/A
Mar 20, 2023
voce capital management llc
9.5%
3,317,697
SC 13D/A
Feb 14, 2023
voce capital management llc
9.5%
3,317,697
SC 13D/A
Feb 13, 2023
champlain investment partners, llc
5.45%
1,909,990
SC 13G/A

Recent SEC filings of Argo Group International Holdings

View All Filings
Date Filed Form Type Document
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Dec 01, 2023
8-K
Current Report
Nov 27, 2023
15-12G
15-12G
Nov 24, 2023
3
Insider Trading
Nov 24, 2023
3
Insider Trading
Nov 24, 2023
3
Insider Trading
Nov 24, 2023
3
Insider Trading
Nov 16, 2023
4
Insider Trading
Nov 16, 2023
25-NSE
25-NSE

What is the Fair Value of ARGO?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Argo Group International Holdings)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
53.0B
10.1B
1.88% 23.00%
54.64
5.26
17.79% -12.97%
50.7B
41.4B
11.23% 17.09%
16.96
1.23
12.15% 5.24%
48.3B
46.8B
3.76% 14.99%
13.25
1.03
-17.07% -64.55%
46.4B
18.7B
-4.06% 14.27%
9.96
2.48
-2.30% 10.90%
34.2B
1.4B
-2.02% 3200.44%
-181.99
23.76
-25.27% -3.53%
32.0B
12.8B
10.84% 34.09%
10.79
2.5
66.44% 139.38%
MID-CAP
10.6B
7.7B
3.88% -7.53%
12.25
1.38
11.70% -11.46%
9.5B
12.4B
7.43% 14.77%
7.4
0.77
3.29% -2.31%
9.2B
11.1B
5.52% 30.93%
14.35
0.83
9.21% 132.28%
4.6B
11.6B
-1.55% -17.34%
-6.17
0.4
-38.09% -155.38%
4.4B
2.4B
-0.25% 16.81%
6.18
1.8
30.03% -65.62%
SMALL-CAP
1.6B
1.2B
11.58% -9.43%
-15.39
1.36
32.00% -553.83%
969.1M
306.5M
8.27% -6.39%
15.21
3.16
4.48% 66.05%
725.8M
413.5M
-0.25% -2.80%
3.72
1.76
22.34% -40.00%
55.1M
185.3M
-7.28% 1.59%
17.75
0.3
-3.68% -1.30%

Argo Group International Holdings News

Latest updates
Insurance Business3 months ago
Royal Gazette3 months ago
Quartz3 months ago
Insurance Business10 months ago

Argo Group International Holdings Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue3.9%342,700,000329,900,000401,700,000363,400,000455,000,000454,300,000483,800,000530,700,000528,300,000547,700,000523,600,000520,700,000481,800,000452,700,000434,400,000484,600,000487,400,000488,600,000509,400,000401,600,000498,900,000
EBITDA Margin6.2%-0.11-0.12-0.11-0.08-0.06-0.020.030.030.090.070.03----------
Interest Expenses6.1%8,700,0008,200,0008,500,0008,100,0006,800,0006,100,0005,800,0005,300,0005,500,0005,700,0005,100,0005,200,0006,900,0007,000,0007,800,0008,400,0007,700,0009,400,0008,600,0008,500,0007,900,000
Income Taxes403.4%17,600,000-5,800,000-8,500,000-29,100,000-4,000,00012,100,00013,000,000-17,500,0005,800,0008,900,0001,400,000800,000-3,400,00011,300,000-1,000,000500,000-1,100,000800,00013,900,000-16,200,0004,700,000
Earnings Before Taxes-713.9%-29,300,000-3,600,000-42,300,000-138,300,000-52,800,000-4,100,00012,000,000-132,800,00028,200,00078,700,00031,200,000-100,000-26,500,0005,900,000-25,700,000-102,200,000-27,100,00027,800,000101,500,000-59,700,00045,300,000
EBT Margin2.9%-0.15-0.15-0.14-0.10-0.09-0.05-0.010.000.070.040.01----------
Net Income-2231.8%-46,900,0002,200,000-33,800,000-109,200,000-48,800,000-16,200,000-1,000,000-115,300,00022,400,00069,800,00029,800,000-900,000-23,100,000-5,400,000-24,700,000-102,700,000-26,000,00027,000,00087,600,000-43,600,00040,600,000
Net Income Margin-6.7%-0.13-0.12-0.12-0.10-0.09-0.06-0.010.000.060.040.00----------
Free Cashflow102.8%151,900,00074,900,00033,500,000-51,900,00062,000,00054,200,000-33,500,00053,300,00047,700,000-88,300,00062,500,000----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets3.1%8,4408,1878,20410,0349,8599,8769,98110,31810,51810,36810,34910,46610,72210,37810,17810,50910,43410,1539,9439,5589,280
    Cash Equivalents119.1%64.0029.0036.0050.0099.00165154146202191157149300188159138145182153140119
  Goodwill0%119119119119136147147147147147147147157157161161177177177177161
Liabilities4.5%7,2686,9526,9608,8028,5348,4158,3708,5838,6318,4708,5288,6088,8738,6718,5648,7458,5598,2428,0787,8127,462
Shareholder's Equity-5.1%1,1711,2351,2451,2331,3251,4611,6111,7351,8881,8981,8211,8581,8491,7081,6141,7641,8751,9121,8651,7351,818
  Retained Earnings-13.4%321371371407530593622636766757701684698734750794907943928851916
  Additional Paid-In Capital0.1%1,3961,3951,3971,3951,3931,3891,3891,3861,3851,3831,3811,3801,3791,3771,3741,3771,3731,3701,3751,3721,369
Shares Outstanding0.2%35.0035.0035.0035.0035.0035.0035.0035.0035.0035.0035.0035.00---------
Float------1,287---1,797---1,152---2,437---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations88.7%151,90080,50039,100-46,30067,60059,800-27,90058,90053,300-82,70070,200-29,500204,500-71,700-31,400-12,900200,600-60,50055,60070,800105,100
  Share Based Compensation142.9%900-2,1001,5003,2003,800-6003,2001,6001,9002,2002,3001,0002,3002,5002,9005,2002,9004,2004,6003,9003,400
Cashflow From Investing-34.8%-115,100-85,400-121,60079,500-120,500-35,60050,000-106,500-28,500129,100-50,000-105,000-95,100114,50061,30016,400-229,500102,000-31,700-35,000-95,500
Cashflow From Financing0%-2,200-2,200-2,100-13,800-13,000-10,800-14,500-13,500-13,000-13,300-13,100-13,0006,500-9,900-10,400-10,100-9,900-11,300-10,500-10,600-19,100
  Dividend Payments100.0%--200-10,90011,20010,50010,80011,00010,80011,10010,80010,80010,90010,60010,70010,6009,80011,90010,8009,5009,300
  Buy Backs-100-8002007003001,0003001001,0001,4001001007005,8002,6003009,3001,6001,70010,600

ARGO Income Statement

2023-09-30
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Premiums and other revenue:    
Net earned premiums$ 342.7$ 455.0$ 1,062.5$ 1,389.9
Net investment income40.434.0102.9100.9
Net investment and other gains (losses):    
Net realized investment and other gains (losses)7.4(42.3)(21.0)(119.2)
Change in fair value recognized(10.1)(1.1)2.12.5
Change in allowance for credit losses on fixed maturity securities(2.0)(1.3)(2.1)(2.9)
Total net investment and other gains (losses)(4.7)(44.7)(21.0)(119.6)
Total revenue378.4444.31,144.41,371.2
Expenses:    
Losses and loss adjustment expenses280.9298.8806.9858.4
Underwriting, acquisition and insurance expenses116.1161.0364.0494.9
Non-operating expenses5.111.023.533.9
Interest expense8.76.825.418.7
Fee and other (income) expense, net0.20.1(0.3)(1.8)
Foreign currency exchange (gains) losses(3.3)(9.1)0.1(16.5)
Impairment of goodwill and intangibles0.028.50.028.5
Total expenses407.7497.11,219.61,416.1
Income (loss) before income taxes(29.3)(52.8)(75.2)(44.9)
Income tax provision (benefit)17.6(4.0)3.321.1
Net income (loss)(46.9)(48.8)(78.5)(66.0)
Dividends on preferred shares2.62.67.97.9
Net income (loss) attributable to common shareholders(49.5)(51.4)(86.4)(73.9)
Net income (loss) attributable to common shareholders$ (49.5)$ (51.4)$ (86.4)$ (73.9)
Net income (loss) attributable to common shareholders per common share:    
Basic (in dollars per share)$ (1.41)$ (1.47)$ (2.46)$ (2.11)
Diluted (in dollars per share)(1.41)(1.47)(2.46)(2.11)
Dividend declared per common share (in dollars per share)$ 0$ 0.31$ 0.00$ 0.93
Weighted average common shares:    
Basic (in shares)35,197,82435,014,18235,158,41634,955,787
Diluted (in shares)35,197,82435,014,18235,158,41634,955,787

ARGO Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Investments:  
Fixed maturities available-for-sale, at fair value (amortized cost: 2023 - $2,873.2, 2022 - $3,016.4; allowance for expected credit losses: 2023 - $4.4, 2022 - $2.8)$ 2,537.4$ 2,675.5
Commercial mortgage loans (cost: 2023 - $159.9, 2022 - $159.9; allowance for expected credit losses: 2023 - $0.2, 2022 - $0.2)159.7159.7
Equity securities, at fair value (cost: 2023 - $16.2; 2022 - $54.7)11.643.9
Other investments (cost: 2023 - $326.3; 2022 - $323.2)326.3323.2
Short-term investments, at fair value (amortized cost: 2023 - $1,222.7; 2022 - $449.4)1,222.7449.6
Total investments4,257.73,651.9
Cash and restricted cash64.250.2
Accrued investment income20.118.6
Premiums receivable269.7292.0
Reinsurance recoverables2,889.63,029.1
Goodwill118.6118.6
Current income taxes receivable, net45.944.9
Deferred tax asset, net88.4101.2
Deferred acquisition costs, net108.5107.0
Ceded unearned premiums337.4375.5
Operating lease right-of-use assets51.657.7
Other assets187.8121.5
Assets held-for-sale0.02,066.2
Total assets8,439.510,034.4
Liabilities and Shareholders' Equity  
Reserves for losses and loss adjustment expenses5,328.75,051.6
Unearned premiums987.61,039.9
Accrued underwriting expenses and other liabilities261.7121.3
Ceded reinsurance payable, net180.6158.7
Funds held50.850.0
Senior unsecured fixed rate notes140.6140.5
Junior subordinated debentures258.8258.6
Operating lease liabilities59.466.4
Liabilities held-for-sale0.01,914.5
Total liabilities7,268.28,801.5
Commitments and contingencies (Note 14)
Shareholders' equity:  
Preferred shares and additional paid-in capital - $1.00 par, 30,000,000 shares authorized; 6,000 and 6,000 shares issued at September 30, 2023 and December 31, 2022, respectively; liquidation preference $25,000144.0144.0
Common shares - $1.00 par, 500,000,000 shares authorized; 46,520,812 and 46,379,297 shares issued at September 30, 2023 and December 31, 2022, respectively46.546.4
Additional paid-in capital1,396.11,395.4
Treasury shares (11,318,339 and 11,318,339 shares at September 30, 2023 and December 31, 2022, respectively)(455.1)(455.1)
Retained earnings321.1407.3
Accumulated other comprehensive loss, net of taxes(281.3)(305.1)
Total shareholders' equity1,171.31,232.9
Total liabilities and shareholders' equity$ 8,439.5$ 10,034.4
ARGO
Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S. Operations and International Operations. It offers primary and excess specialty casualty, general liability, commercial multi-peril, and workers compensation, as well as product, environmental, and auto liability insurance products; management liability, transaction liability, and errors and omissions liability insurance; primary and excess property, inland marine, and auto physical damage insurance; and surety, animal mortality, and ocean marine insurance products. The company also provides directors and officers liability, errors and omissions liability, and employment practices liability insurance; international casualty and motor treaties insurance; professional indemnity and medical malpractice insurance; direct and facultative excess insurance, North American and international binders, and residential collateral protection for lending institutions; and personal accident, aviation, cargo, yachts, and onshore and offshore marine insurance products. It markets its products through wholesale and retail agents, managing general agents, brokers, and third-party intermediaries. The company was founded in 1948 and is headquartered in Pembroke, Bermuda.
 CEO
 WEBSITEwww.argolimited.com
 EMPLOYEES1206

Argo Group International Holdings Frequently Asked Questions


What is the ticker symbol for Argo Group International Holdings? What does ARGO stand for in stocks?

ARGO is the stock ticker symbol of Argo Group International Holdings. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Argo Group International Holdings (ARGO)?

As of Thu Feb 22 2024, market cap of Argo Group International Holdings is 34.16 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ARGO stock?

You can check ARGO's fair value in chart for subscribers.

What is the fair value of ARGO stock?

You can check ARGO's fair value in chart for subscribers. The fair value of Argo Group International Holdings is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Argo Group International Holdings is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ARGO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Argo Group International Holdings a good stock to buy?

The fair value guage provides a quick view whether ARGO is over valued or under valued. Whether Argo Group International Holdings is cheap or expensive depends on the assumptions which impact Argo Group International Holdings's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ARGO.

What is Argo Group International Holdings's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Feb 22 2024, ARGO's PE ratio (Price to Earnings) is -181.99 and Price to Sales (PS) ratio is 23.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ARGO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Argo Group International Holdings's stock?

In the past 10 years, Argo Group International Holdings has provided 0.382 (multiply by 100 for percentage) rate of return.