Assured Guaranty (AGO) Expected to Announce Earnings on Thursday

Assured Guaranty (NYSE:AGO) will likely be posting its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Assured Guaranty to post earnings of $1.34 per share and revenue of $199.56 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Assured Guaranty Price Performance

AGO opened at $92.20 on Wednesday. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 7.16 and a beta of 1.11. Assured Guaranty has a fifty-two week low of $72.57 and a fifty-two week high of $96.60. The company’s 50-day moving average price is $90.75 and its 200 day moving average price is $86.24. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.29.

Assured Guaranty Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $1.36 annualized dividend and a dividend yield of 1.47%. This is a positive change from Assured Guaranty’s previous quarterly dividend of $0.31. Assured Guaranty’s dividend payout ratio (DPR) is presently 9.63%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Assured Guaranty from a “sell” rating to a “hold” rating in a report on Wednesday, November 13th. UBS Group increased their price objective on shares of Assured Guaranty from $87.00 to $95.00 and gave the company a “neutral” rating in a report on Monday, November 18th. Finally, Keefe, Bruyette & Woods increased their price objective on shares of Assured Guaranty from $92.00 to $105.00 and gave the company an “outperform” rating in a report on Monday, November 18th.

Assured Guaranty Company Profile

Assured Guaranty Ltd., together with its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It operates through two segments: Insurance and Asset Management. The company offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments.