Arch Capital Group Ltd. , together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide.
Arch Capital Group stock last closed at $65.61, up 3.9% from the previous day, and has increased 39.15% in one year. It has overperformed other stocks in the Insurance - Diversified industry by 0.51 percentage points. Arch Capital Group stock is currently +59.83% from its 52-week low of $41.05, and -9.23% from its 52-week high of $72.28.
At the moment, there are 371.2M shares of ACGL outstanding. The market capitalization of ACGL is $24.35B. In the last 24 hours, 2.42M ACGL shares were traded.
You will need a brokerage account to access the NASDAQ market and buy ACGL stock.
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
Get $10 towards your purchase of shares by creating an account with eToro today.Open eToro Account
Now that you've picked the right brokerage, the next step is to fill out some personal info so you are able to buy ACGL stock today.
Now that you've finished signing up on stock apps to use, you need to deposit funds:
Watch the walkthrough below if you need help depositing funds into your new investment account.
Once you have decided on the best place to buy Arch Capital Group stock, it's important to research their stock before you buy, so you truly wrap your head around the risk and upside.
WallStreetZen was created to help average investors perform better fundamental analysis.
You can view all of the due diligence checks on ACGL's stock page.
You can use a variety of different financial metrics, analyses, models, and charts to gauge ACGL's true value.
Using relative valuations methods:
You can do more valuation analysis on ACGL's stock here.
Out of 10 sell side analysts who give ratings on ACGL, the consensus analyst rating on ACGL is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Brian Meredith, a top 13% analyst from UBS maintains ACGL with a strong buy rating and raises their ACGL price target from $66.00 to $79.00, on Feb 21, 2023.
Maintaining his Strong Buy rating, Meredith raised his price target on Arch Capital Group Ltd. by 19.7% following the release of the company's Q4 2022 earnings report on 2023/02/13.
The company is well-positioned to take advantage of the favorable property insurance and reinsurance pricing environment, the analyst told investors.
Specifically, Arch Capital will use its "ample excess capital and room" to raise its Probable Maximum Loss* (PML) and drive both revenue and margin improvement coming out of 2023/01/01 renewals**, Meredith said, adding that the company also "has opportunities to grow in specialty lines and through its Lloyd's operations."
* From here: Probable maximum loss (PML) is the maximum loss that an insurer would be expected to incur on a policy. Probable maximum loss (PML) is most often associated with insurance policies on property, such as fire insurance or flood insurance.
** During the Q4 earnings call on 2023/02/16, management commented that the 2023/01/01 renewals, whose pricings were strong, were not included in its Q4 report and will be reflected in Q1 2023 results.
For Q4 2022, Arch Capital reported:
For FY 2022:
Management did not provide guidance in its press release or earnings call.
CFO Francois Morin commented on the earnings call: "Most of our lines of business still benefit from excellent market conditions, both in the US and internationally, and our expectations for the coming year remain very positive."
Meyer Shields, a top 17% analyst from Keefe, Bruyette & Woods maintains ACGL with a buy rating and raises their ACGL price target from $69.00 to $75.00, on Feb 16, 2023.
Elyse Greenspan, a top 4% analyst from Wells Fargo maintains ACGL with a strong buy rating and raises their ACGL price target from $72.00 to $78.00, on Feb 15, 2023.
Mark Dwelle, a top 8% analyst from RBC Capital maintains ACGL with a buy rating and raises their ACGL price target from $70.00 to $74.00, on Feb 15, 2023.
Tracy Benguigui, a top 17% analyst from Barclays maintains ACGL with a strong buy rating and raises their ACGL price target from $72.00 to $77.00, on Feb 15, 2023.
You can dive deeper into what analysts are forecasting on the Arch Capital Group stock forecast page.
Last year, ACGL earnings were $1.44B. In the past 5 year, ACGL's earnings have gone up by 22.74% per year. This was faster than the Insurance - Diversified industry average of 8.04%.
Last year, ACGL revenue was $9.61B. Over the last 5 year, ACGL's revenue has increased by 11.31% per year. This was faster than the Insurance - Diversified industry average of 0.28%.
Learn more about ACGL's earnings and revenue performance here.
Over the last 12 months, insiders at ACGL have bought more shares than they have sold.
David Gansberg, CEO GLOBAL MORTGAGE GROUP of ACGL, was the latest ACGL insider to sell. They sold $295,415.35 worth of ACGL stock on Mar 10, 2023.
Dig into more about who owns ACGL stock here.
No, Arch Capital Group doesn't provide an income stream by paying out dividends.
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
There are two main types of orders:
Hit the Open Trade button and eToro will place the order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Now that you own some ACGL shares, you'll want to keep up with your new investment.
Make a watchlist to keep tabs on your ACGL stock.
To reiterate, here are the 6 steps for buying Arch Capital Group stock:
If you are looking for a place to buy stocks, eToro is our favorite venue.Get Started with eToro Today
If you would like to get notifications regarding your new investment in Arch Capital Group, get started below.
How much does it cost to buy one Arch Capital Group share?
Is now a good time to buy Arch Capital Group stock?
What is the best way to buy Arch Capital Group stock?