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ARGO

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

975.00USD+15.00 (+1.56%)Market Closed

Market Summary

ARGO
USD975.00+15.00
Market Closed
1.56%

ARGO Alerts

  • Big jump in Earnings (Y/Y)

ARGO Stock Price

View Fullscreen

ARGO RSI Chart

ARGO Valuation

Market Cap

1.1T

Price/Earnings (Trailing)

-5.4K

Price/Sales (Trailing)

851.43

EV/EBITDA

-6.7K

Price/Free Cashflow

3.8K

ARGO Price/Sales (Trailing)

ARGO Profitability

EBT Margin

-15.86%

Return on Equity

-14.98%

Return on Assets

-2.43%

Free Cashflow Yield

0.03%

ARGO Fundamentals

ARGO Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

-5.73%

Rev. Growth (Qtr)

100%

ARGO Earnings

Earnings (TTM)

-210.4M

Earnings Growth (Yr)

175.74%

Earnings Growth (Qtr)

100%

Breaking Down ARGO Revenue

Last 30 days

1.6%

Last 90 days

0.5%

Trailing 12 Months

3220.8%

How does ARGO drawdown profile look like?

ARGO Financial Health

ARGO Investor Care

Shares Dilution (1Y)

3188.76%

Diluted EPS (TTM)

-6.28

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20240000
20231.7B1.6B1.4B1.7B
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
200901.3B1.4B1.5B
20080001.2B
Get all data in R, Python etc through our Historical Stock Data APIs
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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
May 03, 2024
HUNTINGTON NATIONAL BANK
unchanged
-
-
60.00
 -%
Feb 07, 2024
Kellner Capital, LLC
sold off
-100
-1,012,000
-
 -%
Nov 14, 2023
Ergoteles LLC
reduced
-48.54
-4,626,680
4,983,160
 7.30%
Oct 23, 2023
Steward Financial Group LLC
new
-
1,000
1,000
 -%
Sep 21, 2023
Jefferies Group LLC
reduced
-4.54
-17,288,600
17,203,900
 0.14%
Aug 10, 2023
PICTET ASSET MANAGEMENT SA
added
137
1,035,180
1,773,250
 -%
Aug 01, 2023
Kistler-Tiffany Companies, LLC
new
-
682
682
 -%
Jul 27, 2023
EA Series Trust
new
-
2,403,620
2,403,620
 0.09%
Mar 17, 2023
American Portfolios Advisors
reduced
-26.37
-2,064
1,290
 -%
Jan 19, 2023
Pendal Group Ltd
reduced
-13.04
74,000
517,000
 -%

1–10 of 23

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

ARGO Alerts

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
May 09, 2024
10-Q
Quarterly Report
Mar 19, 2024
10-K
Annual Report
Feb 26, 2024
8-K
Current Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Argo Group International Holdings)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
ARGO
1.1T
1.3B
 1.56% 3220.84%
-5.4K
851.43
 -10.27% -34.69%
AJG
56.3B
10.6B
 11.80% 20.14%
51.57
5.3
 20.42% -6.05%
AIG
53.5B
48.4B
 11.01% 48.35%
11.07
1.1
 -4.15% -20.63%
TRV
50.3B
42.9B
 6.36% 19.84%
16.03
1.17
 13.52% 12.15%
AFL
50.2B
19.3B
 10.10% 32.07%
9.39
2.6
 3.03% 17.35%
ACGL
37.9B
14.4B
 11.43% 34.12%
7.82
2.63
 32.92% 143.01%
AFG
11.2B
8.0B
 7.21% 13.44%
12.7
1.4
 11.14% 7.56%
MID-CAP
UNM
10.1B
12.6B
 5.84% 14.37%
7.61
0.8
 4.24% -13.40%
AIZ
9.1B
11.4B
 3.23% 33.23%
11.93
0.8
 9.81% 217.29%
LNC
5.1B
11.9B
 12.70% 41.34%
3.81
0.43
 -33.27% 234.43%
AEL
3.9B
3.2B
 -0.20% 45.14%
5.55
1.23
 64.05% -35.60%
SMALL-CAP
BRP
2.0B
1.3B
 23.61% 49.66%
-37.13
1.59
 18.74% 30.90%
AMSF
887.3M
308.9M
 -4.69% -15.41%
14.38
2.87
 3.79% 10.94%
AMBC
818.6M
314.0M
 28.73% 23.89%
14.24
2.61
 -29.20% -88.19%
AAME
35.5M
187.5M
 -11.22% -20.55%
-49.09
0.19
 2.74% 73.83%

Argo Group International Holdings News

Latest updates
Yahoo Movies Canada • 46 hours ago
Analysts Estimate Argo Group (ARGO) to Report a Decline in Earnings: What to Look Out for
Yahoo News UK • 13 May 2024 • 04:15 pm
New Strong Sell Stocks for May 5th
GuruFocus.com • 5 months ago
Symbol Lookup
Business Wire • 5 months ago
AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Argo Group International ...
Insurance Business • 6 months ago
Sale of Argo Group crosses finish line
Reinsurance News • 6 months ago
Brookfield Reinsurance completes acquisition of Argo Group
Insurance Journal • 6 months ago
Brookfield Reinsurance Completes Buy of Argo Group; Snyder Named Argo CEO
Business Wire • 6 months ago
Brookfield Reinsurance Completes $1.1 Billion Acquisition of Argo Group
Royal Gazette • 6 months ago
Brookfield completes Argo deal
Seeking Alpha • 6 months ago
Argo stock ticks higher amid NYSE delisting notice for sale to Brookfield Reinsurance

Argo Group International Holdings Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q42023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q3
Revenue100.0%378,700,000189,350,000-651,900,000342,700,000329,900,000401,700,000363,400,000455,000,000454,300,000483,800,000530,700,000528,300,000547,700,000523,600,000520,700,000481,800,000452,700,000434,400,000484,600,000487,400,000
EBITDA Margin0%-0.13-0.13-0.13--0.11-0.12-0.11-0.08-0.06-0.020.030.030.090.07-------
Interest Expenses-8,700,000--12,900,0008,700,0008,200,0008,500,0008,100,0006,800,0006,100,0005,800,0005,300,0005,500,0005,700,0005,100,0005,200,0006,900,0007,000,0007,800,0008,400,0007,700,000
Income Taxes-1,600,000---11,500,00017,600,000-5,800,000-8,500,000-29,100,000-4,000,00012,100,00013,000,000-17,500,0005,800,0008,900,0001,400,000800,000-3,400,00011,300,000-1,000,000500,000-1,100,000
Earnings Before Taxes-27,200,000---177,200,000-29,300,000-3,600,000-42,300,000-138,300,000-52,800,000-4,100,00012,000,000-132,800,00028,200,00078,700,00031,200,000-100,000-26,500,0005,900,000-25,700,000-102,200,000-27,100,000
EBT Margin0%-0.16-0.16-0.16-0.15-0.15-0.15-0.14-0.10-0.09-0.05-0.010.000.070.04-------
Net Income-25,600,000---165,700,000-46,900,0002,200,000-33,800,000-109,200,000-48,800,000-16,200,000-1,000,000-115,300,00022,400,00069,800,00029,800,000-900,000-23,100,000-5,400,000-24,700,000-102,700,000-26,000,000
Net Income Margin0%-0.16-0.16-0.16-0.14-0.13-0.12-0.12-0.10-0.09-0.06-0.010.000.060.04-------
Free Cashflow-Infinity%-13,700,000---146,300,00074,900,00033,500,000-51,900,00062,000,00054,200,000-33,500,00053,300,00047,700,000-88,300,000-------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.7%8,6478,5038,4408,1878,20410,0349,8599,8769,98110,31810,51810,36810,34910,46610,72210,37810,17810,50910,43410,1539,943
    Cash Equivalents-41.6%46279264.0029.0036.0050.0099.00165154146202191157149300188159138145182153
  Goodwill---119119119119136147147147147147147147157157161161177177177
Liabilities0.5%7,2437,2067,2686,9526,9608,8028,5348,4158,3708,5838,6318,4708,5288,6088,8738,6718,5648,7458,5598,2428,078
Shareholder's Equity8.2%1,4051,2981,1711,2351,2451,2331,3251,4611,6111,7351,8881,8981,8211,8581,8491,7081,6141,7641,8751,9121,865
  Retained Earnings2555.6%24.001.00321371371407530593622636766757701684698734750794907943928
  Additional Paid-In Capital0%51.0051.001,3961,3951,3971,3951,3931,3891,3891,3861,3851,3831,3811,3801,3791,3771,3741,3771,3731,3701,375
Shares Outstanding-1,057-35.0035.0035.0035.0035.0035.0035.0035.0035.0035.00---------
Float----1,038---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/Q2024Q12023Q42023Q42023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q3
Cashflow From Operations-Infinity%-13,700---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
  Share Based Compensation-----900-2,1001,5003,2003,800-6003,2001,6001,9002,2002,3001,0002,3002,5002,9005,2002,900
Cashflow From Investing-Infinity%-512,900----115,100-85,400-121,60079,500-120,500-35,60050,000-106,500-28,500129,100-50,000-105,000-95,100114,50061,30016,400-229,500
Cashflow From Financing-197,400----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
  Dividend Payments-----100--200-10,90011,20010,50010,80011,00010,80011,10010,80010,80010,90010,60010,70010,6009,800
  Buy Backs-----100-8002007003001,0003001001,0001,4001001007005,8002,600300
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ARGO Income Statement

2024-03-31
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Premiums and other revenue:  
Net earned premiums$ 313.7$ 389.9
Net investment income58.829.7
Net investment and other gains (losses):  
Net realized investment and other gains (losses)6.2(21.1)
Change in fair value recognized0.03.3
Change in allowance for credit losses on fixed maturity securities0.0(0.1)
Total net investment and other gains (losses)6.2(17.9)
Total revenue378.7401.7
Expenses:  
Losses and loss adjustment expenses220.0284.6
Underwriting, acquisition and general expenses117.1137.0
Non-operating expenses7.711.6
Interest expense8.78.5
Fee and other (income) expense, net0.0(0.4)
Foreign currency exchange (gains) losses(2.0)2.7
Total expenses351.5444.0
Income (loss) before income taxes27.2(42.3)
Income tax provision (benefit)1.6(8.5)
Net income (loss)25.6(33.8)
Dividends on Series A Preferred stock2.62.6
Net income (loss) attributable to common stockholders23.0(36.4)
Net income (loss) attributable to common stockholders$ 23.0$ (36.4)
Net income (loss) attributable to common stockholders per share of common stock:  
Basic (in dollars per share) $ (1.04)
Diluted (in dollars per share) (1.04)
Dividend declared per common share (in dollars per share) $ 0
Weighted average common stock:  
Basic (in shares) 35,099,968
Diluted (in shares) 35,099,968

ARGO Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Investments:  
Fixed maturities available-for-sale, at fair value (cost: 2024 - $2,370.0, 2023 - $2,521.5; allowance for expected credit losses: 2024 - $0.2, 2023 - $0.2)$ 2,413.4$ 2,585.4
Mortgage loans (cost: 2024 - $171.6, 2023 - $144.8; allowance for expected credit losses: 2024 - $0.5, 2023 - $0.2)171.1144.6
Equity securities, at fair value (cost: 2024 - $9.5; 2023 - $11.7)8.610.7
Other investments (cost: 2024 - $344.4; 2023 - $311.0)344.4311.0
Short-term investments, at fair value (cost: 2024 - $1,073.7; 2023 - $429.0)1,073.6429.5
Total investments4,011.13,481.2
Cash, restricted cash and cash equivalents462.4791.6
Accrued investment income18.020.4
Premiums receivable209.8230.7
Reinsurance recoverables2,933.12,959.3
Other intangible assets, net of accumulated amortization170.3180.6
Current income taxes receivable, net54.253.1
Deferred tax asset, net41.739.1
Deferred acquisition costs, net32.27.2
Ceded unearned premiums353.7356.0
Operating lease right-of-use assets52.851.2
Other assets196.9189.1
Value of business acquired, net of accumulated amortization110.9143.6
Total assets8,647.18,503.1
Liabilities and Stockholders' Equity  
Reserves for losses and loss adjustment expenses5,543.15,544.5
Unearned premiums842.1916.6
Accrued underwriting expenses and other liabilities56.373.9
Ceded reinsurance payable, net229.4192.7
Funds held48.657.3
Borrowing under revolving credit facility100.00.0
Senior unsecured fixed rate notes128.1128.0
Junior subordinated debentures241.6241.2
Operating lease liabilities53.451.4
Total liabilities7,242.67,205.6
Commitments and contingencies (Note 12)
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 March 31, 2024 and December 31, 2023, respectively; liquidation preference $25,000137.1137.1
Common stock - $1.00 par, 2,000,000,000 shares authorized; 1,156,638,730 and 1,056,638,730 shares issued at March 31, 2024 and December 31, 2023, respectively1,156.61,056.6
Additional paid-in capital51.151.1
Retained earnings23.90.9
Accumulated other comprehensive income, net of taxes35.851.8
Total stockholders' equity1,404.51,297.5
Total liabilities and stockholders' equity$ 8,647.1$ 8,503.1

About Argo Group International Holdings

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
 WEBSITEargolimited.com
 INDUSTRYInsurance Property & Casualty
 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 Fri May 17 2024, market cap of Argo Group International Holdings is 1.13 Trillion. 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 Fri May 17 2024, ARGO's PE ratio (Price to Earnings) is -5359.9 and Price to Sales (PS) ratio is 851.43. 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 0.379 (multiply by 100 for percentage) rate of return.