|Bid||24.26 x 900|
|Ask||26.36 x 800|
|Day's range||24.18 - 24.36|
|52-week range||16.13 - 26.13|
|Beta (5Y monthly)||0.75|
|PE ratio (TTM)||7.78|
|Forward dividend & yield||1.31 (5.43%)|
|Ex-dividend date||12 Mar 2020|
|1y target est||N/A|
Arch Capital Group Ltd. [NASDAQ: ACGL] (the "Company" or "Arch") announced today the pricing of an offering of $1,000,000,000 aggregate principal amount of 3.635% senior notes due 2050 (the "Notes"). The Company intends to use the net proceeds of this offering for general corporate purposes. The offering is expected to close on June 30, 2020, subject to customary closing conditions.
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.