28-Mar-2024
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Marc Livolsi to Lead Assured Guaranty's Public Finance New Issue Marketing and Business Development
Business Wire (Mon, 18-Mar 10:30 AM ET)
Assured Guaranty Hires Melissa Gribble to Lead Business Development in Australia
Business Wire (Mon, 4-Mar 2:00 PM ET)
Assured Guaranty Ltd. Raises Quarterly Dividend by 11% to $0.31 per Common Share
Business Wire (Wed, 21-Feb 7:00 AM ET)
Mark Batten Joins Assured Guaranty's Board of Directors
Business Wire (Tue, 20-Feb 7:45 AM ET)
Business Wire (Tue, 13-Feb 7:30 AM ET)
Nicholas Proud Named Assured Guaranty's Global Head of Origination
Business Wire (Thu, 8-Feb 7:00 AM ET)
Assured Guaranty Ltd. provides credit protection products to the United States and international public finance and structured finance markets, and manages assets across collateralized loan obligations as well as opportunity funds and liquid funds that build on its corporate credit, asset-based finance, municipal and healthcare experience. The company is operating in two segments Insurance segment and the Asset Management segment. The majority of the revenue earned by the company from the Insurance segment.
Assured Guaranty Ltd. trades on the NYSE stock market under the symbol AGO.
As of March 28, 2024, AGO stock price declined to $87.25 with 770,286 million shares trading.
AGO has a beta of 0.68, meaning it tends to be less sensitive to market movements. AGO has a correlation of 0.18 to the broad based SPY ETF.
AGO has a market cap of $4.84 billion. This is considered a Mid Cap stock.
Last quarter Assured Guaranty Ltd. reported $83 million in Revenue and $5.75 earnings per share. This fell short of revenue expectation by $-3 million and exceeded earnings estimates by $4.57.
In the last 3 years, AGO stock traded as high as $96.60 and as low as $41.10.
The top ETF exchange traded funds that AGO belongs to (by Net Assets): IJR, VTI, VB, VBR, VXF.
AGO has outperformed the market in the last year with a return of +85.4%, while the SPY ETF gained +33.6%. In the last 3 month period, AGO beat the market returning +17.2%, while SPY returned +10.1%. However, in the most recent 2 weeks AGO has underperformed the stock market by returning -3.8%, while SPY returned +1.7%.
AGO support price is $86.06 and resistance is $88.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGO stock will trade within this expected range on the day.