Assured Guaranty (AGO) to Release Earnings on Thursday

Assured Guaranty (NYSE:AGO) is set to post its quarterly earnings results after the market closes on Thursday, February 22nd. Analysts expect Assured Guaranty to post earnings of $0.71 per share for the quarter.

Assured Guaranty (AGO) opened at $36.74 on Thursday. Assured Guaranty has a 12 month low of $32.97 and a 12 month high of $45.73. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $4,086.22, a P/E ratio of 5.29 and a beta of 1.43.

Assured Guaranty declared that its board has approved a stock repurchase plan on Thursday, November 2nd that permits the company to repurchase $300.00 million in outstanding shares. This repurchase authorization permits the financial services provider to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its shares are undervalued.

Several equities analysts recently commented on the company. BTIG Research reiterated a “buy” rating and issued a $50.00 price objective on shares of Assured Guaranty in a research note on Tuesday, February 6th. ValuEngine downgraded Assured Guaranty from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $47.00 price objective on shares of Assured Guaranty in a research note on Wednesday, December 20th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $48.00.

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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.

Earnings History for Assured Guaranty (NYSE:AGO)

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