ARGO - Argo Group International Holdings, Ltd.

NYSE - NYSE Delayed Price. Currency in USD
68.63
-1.02 (-1.46%)
At close: 4:00PM EDT
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Previous Close69.65
Open69.49
Bid68.68 x 1000
Ask70.50 x 800
Day's Range68.49 - 69.49
52 Week Range59.82 - 78.57
Volume55,875
Avg. Volume111,692
Market Cap2.319B
Beta (3Y Monthly)0.61
PE Ratio (TTM)20.40
EPS (TTM)3.36
Earnings DateNov 4, 2019 - Nov 8, 2019
Forward Dividend & Yield1.24 (1.81%)
Ex-Dividend Date2019-08-29
1y Target Est80.67
Trade prices are not sourced from all markets
  • Is Argo Group International Holdings, Ltd.'s (NYSE:ARGO) High P/E Ratio A Problem For Investors?
    Simply Wall St.

    Is Argo Group International Holdings, Ltd.'s (NYSE:ARGO) High P/E Ratio A Problem For Investors?

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll show...

  • Barrons.com

    Argo Group, Gamestop, and Verso

    Voce Capital Management disclosed on Oct. 15 that it held 1,863,557 shares of the property and casualty insurer, equal to 5.4% of Argo’s outstanding stock. Its recommendations include the removal of the five longest-serving directors, the election of independent directors to at least partially fill the vacated seats, and the creation of a special committee that “will respond to the SEC subpoena” and conduct a “comprehensive investigation, with the assistance of an outside law firm, into any misappropriation of corporate assets,” along with any other misconduct.

  • Business Wire

    Voce Comments on SEC Investigation at Argo

    “Earlier this year Voce published a detailed case demonstrating that a culture of indulgence, entrenchment and failed oversight has plagued Argo under the aegis of the current Board. Beginning with a public letter to our fellow shareholders on February 25, 2019 [link], and supported through a number of subsequent communications, including our 131-page white paper, ‘Righting the Ship’ [link] – we chronicled Argo’s decrepit corporate governance, particularly as it relates to the Board’s lack of proper oversight of management and the absence of any delineation between corporate assets and priorities and those of management.

  • Business Wire

    AM Best Affirms Credit Ratings of Argo Group International Holdings, Ltd. and Subsidiaries

    AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of “a” of Argo Re Ltd. and its subsidiaries.

  • Argo Group Gets SEC Subpoena Over Executive Compensation
    Bloomberg

    Argo Group Gets SEC Subpoena Over Executive Compensation

    (Bloomberg) -- Argo Group International Holdings Ltd. has been subpoenaed by U.S. securities regulators about perks for its executives and is conducting an internal review.The U.S. Securities and Exchange Commission is seeking documents focused on Argo’s disclosures about executive compensation, the company said in response to inquiries from Bloomberg News. Its independent directors are conducting a review of its governance and compensation matters, the company said.“The company, working with the assistance of outside counsel, is fully cooperating with the SEC and does not believe that the amounts involved are material to the company’s financial position or results of operations,” Argo said in an emailed statement.Argo rose 1% in trading Wednesday in New York to $68 at 9:30 a.m., giving the company a market value of about $2.3 billion.The investigation comes after an activist investor, Voce Capital Management, accused Argo of misusing corporate assets, including company-owned aircraft and housing. Argo Chief Executive Officer Mark Watson earned roughly $8.4 million in total compensation in 2018, a 180% increase over his 2017 earnings, according to a regulatory filing.Representatives for the SEC and Voce declined to comment.Voce, which had sought five seats on the board, gave up its fight in May, claiming two states refused to let the activist fund solicit proxies in their jurisdiction. Voce owns a 5.5% stake in Argo, making it the company’s fourth largest holder, according to data compiled by Bloomberg.Among Voce’s allegations -- laid out in a February letter -- is that Argo failed to properly disclose the details of its corporate jet program, which Voce estimated costs millions of dollars a year to maintain and traveled dozens of times to airports near Watson’s homes and holiday destinations.Throughout the course of the proxy fight, Voce also raised concerns about the use of corporate apartments in Miami and New York and Argo’s sponsorship of sporting events that were of personal interest to Watson.Argo argued the complaints lodged by Voce had “little regard for the truth,” and pointed to its track record for shareholder returns as a counter to allegations of mismanagement. The insurer argued that Voce backed away from the proxy fight because it lacked the necessary support from shareholders.Argo, based in Pembroke, Bermuda, offers reinsurance and property and casualty insurance.In August, the company disclosed several proposed governance and compensation changes, including reducing the size of its board and ensuring that all directors stand for election each year.(Updates with stock price in paragraph four, additional information in paragraph five.)\--With assistance from Matt Robinson.To contact the reporter on this story: Scott Deveau in New York at sdeveau2@bloomberg.netTo contact the editors responsible for this story: Liana Baker at lbaker75@bloomberg.net, David S. Joachim, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Business Wire

    Argo Provides Information on Independent Board Review of Governance and Compensation Matters

    Argo Group International Holdings, Ltd. (ARGO) (“Argo” or the “Company”) affirms that its independent directors are conducting a review of governance and compensation matters. The Company also announced that it previously received a subpoena from the U.S. Securities and Exchange Commission (the “SEC”) seeking documents primarily with respect to the Company’s disclosure of certain compensation-related perquisites. The Company, working with the assistance of outside counsel, is fully cooperating with the SEC and does not believe that the amounts involved are material to the Company’s financial position or results of operations.

  • Update: Argo Group International Holdings (NYSE:ARGO) Stock Gained 84% In The Last Five Years
    Simply Wall St.

    Update: Argo Group International Holdings (NYSE:ARGO) Stock Gained 84% In The Last Five Years

    When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying...

  • 4 Days To Buy Argo Group International Holdings, Ltd. (NYSE:ARGO) Before The Ex-Dividend Date
    Simply Wall St.

    4 Days To Buy Argo Group International Holdings, Ltd. (NYSE:ARGO) Before The Ex-Dividend Date

    It looks like Argo Group International Holdings, Ltd. (NYSE:ARGO) is about to go ex-dividend in the next 4 days. This...

  • Is Argo Group International Holdings, Ltd.'s (NYSE:ARGO) ROE Of 6.1% Concerning?
    Simply Wall St.

    Is Argo Group International Holdings, Ltd.'s (NYSE:ARGO) ROE Of 6.1% Concerning?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • GuruFocus.com

    Argo Group International Holdings Ltd (ARGO) CFO Jay Stanley Bullock Sold $1 million of Shares

    CFO of Argo Group International Holdings Ltd (30-Year Financial, Insider Trades) Jay Stanley Bullock (insider trades) sold 14,623 shares of ARGO on 08/13/2019 at an average price of $68.72 a share. Continue reading...

  • Argo Group International Holdings, Ltd. (ARGO) Q2 2019 Earnings Call Transcript
    Motley Fool

    Argo Group International Holdings, Ltd. (ARGO) Q2 2019 Earnings Call Transcript

    ARGO earnings call for the period ending June 30, 2019.

  • Argo Group (ARGO) Q2 Earnings Beat Estimates
    Zacks

    Argo Group (ARGO) Q2 Earnings Beat Estimates

    Argo Group (ARGO) delivered earnings and revenue surprises of 92.00% and -0.38%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Argo Group (ARGO) Earnings Expected to Grow: Should You Buy?
    Zacks

    Argo Group (ARGO) Earnings Expected to Grow: Should You Buy?

    Argo Group (ARGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Zacks.com featured highlights include: Suzuki, Malibu Boats, Lenovo and Argo
    Zacks

    Zacks.com featured highlights include: Suzuki, Malibu Boats, Lenovo and Argo

    Zacks.com featured highlights include: Suzuki, Malibu Boats, Lenovo and Argo

  • Hedge Funds Have Never Been This Bullish On Argo Group International Holdings, Ltd. (ARGO)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Argo Group International Holdings, Ltd. (ARGO)

    "The end to the U.S. Government shutdown, reports of progress on China-U.S. trade talks, and the Federal Reserve’s confirmation that it did not plan further interest rate hikes in 2019 allayed investor fears and drove U.S. markets substantially higher in the first quarter of the year. Global markets followed suit pretty much across the board […]

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  • Should You Worry About Argo Group International Holdings, Ltd.'s (NYSE:ARGO) CEO Pay?
    Simply Wall St.

    Should You Worry About Argo Group International Holdings, Ltd.'s (NYSE:ARGO) CEO Pay?

    Mark Watson has been the CEO of Argo Group International Holdings, Ltd. (NYSE:ARGO) since 2000. This report will...