Assured Guaranty Ltd. (NYSE:AGO) to Release Earnings on Tuesday
Assured Guaranty Ltd. (NYSE:AGO) is scheduled to be releasing its earnings data after the market closes on Tuesday, August 1st. Analysts expect Assured Guaranty to post earnings of $0.72 per share for the quarter.
Shares of Assured Guaranty Ltd. (AGO) opened at 45.18 on Tuesday. The firm has a 50 day moving average price of $42.40 and a 200 day moving average price of $40.03. The company has a market capitalization of $5.50 billion, a P/E ratio of 5.23 and a beta of 1.66. Assured Guaranty Ltd. has a one year low of $26.37 and a one year high of $45.38.
A number of research analysts have recently issued reports on the company. UBS AG reissued a “buy” rating and issued a $45.00 price objective (up from $44.00) on shares of Assured Guaranty in a research note on Wednesday, May 17th. BTIG Research reissued a “buy” rating and issued a $49.00 price objective on shares of Assured Guaranty in a research note on Friday, July 14th. BidaskClub raised Assured Guaranty from a “hold” rating to a “buy” rating in a research note on Friday, July 7th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $42.00 price objective on shares of Assured Guaranty in a research note on Tuesday, July 4th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $46.50.
In related news, insider Howard Albert sold 12,000 shares of the business’s stock in a transaction dated Wednesday, May 10th. The stock was sold at an average price of $39.19, for a total value of $470,280.00. Following the completion of the sale, the insider now directly owns 169,314 shares of the company’s stock, valued at approximately $6,635,415.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.62% of the company’s stock.
Assured Guaranty Company Profile
Assured Guaranty Ltd. is a holding company. The Company, through its subsidiaries, provides credit protection products to the United States and international public finance, including infrastructure, and structured finance markets. It applies its credit underwriting judgment, risk management skills and capital markets experience primarily to offer financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments.
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