|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's range||24.35 - 24.55|
|52-week range||16.13 - 26.13|
|Beta (5Y monthly)||0.68|
|PE ratio (TTM)||7.83|
|Earnings date||27 Jul 2020 - 31 Jul 2020|
|Forward dividend & yield||1.31 (5.43%)|
|Ex-dividend date||12 Mar 2020|
|1y target est||N/A|
Arch Capital Group Ltd. (NASDAQ:ACGL) announced today that due to the public health impact of the COVID-19 pandemic and to support the health and well-being of its shareholders, employees and directors, as well as their families and communities, it will move the originally planned in-person 2020 Annual Meeting of Shareholders (the "Annual Meeting") at the Company’s principal executive office, to a virtual meeting via a live webcast.
On March 11, 2020, the World Health Organization declared a pandemic in relation to the outbreak of COVID-19. The outbreak is causing unprecedented social disruption, global economic volatility, reduced liquidity of capital markets and intervention by various governments around the world. Arch Capital Group Ltd. [NASDAQ: ACGL; "the Company"] expects impacts on incurred losses and premium volumes on its business given increased market volatility and uncertainty.
Arch Capital Group Ltd. [NASDAQ: ACGL] announced that it expects to release its 2020 first quarter results after the close of regular stock market hours on Monday, May 4, 2020. The Company will hold a conference call for investors and analysts at 11:00 a.m. Eastern Time on Tuesday, May 5, 2020.
Arch Capital (ACGL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Arch Capital (ACGL) is poised for growth on improved net premiums attributable to strong segmental performance and solid liquidity position.
Players in the insurance industry are likely to have gained from increase in rate hikes and effect of share buyback, partly offset by catastrophe losses.