TD Cowen initiated coverage on Arch Capital with a new price target
$ACGL
Property-Casualty Insurers
Finance
TD Cowen initiated coverage of Arch Capital with a rating of Outperform and set a new price target of $96.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/5/2024 | $120.00 | Equal Weight | Barclays |
| 8/23/2024 | $110.00 → $125.00 | Buy | ROTH MKM |
| 1/10/2024 | $96.00 | Outperform | TD Cowen |
| 12/14/2023 | $88.00 | In-line | Evercore ISI |
| 11/22/2023 | $91.00 | Neutral | Citigroup |
| 10/5/2023 | $81.00 | Buy | Deutsche Bank |
| 9/8/2023 | $80.00 | Neutral | Goldman |
| 6/20/2023 | $92.00 | Overweight | Morgan Stanley |
4 - ARCH CAPITAL GROUP LTD. (0000947484) (Issuer)
4 - ARCH CAPITAL GROUP LTD. (0000947484) (Issuer)
4 - ARCH CAPITAL GROUP LTD. (0000947484) (Issuer)
8-K/A - ARCH CAPITAL GROUP LTD. (0000947484) (Filer)
8-K - ARCH CAPITAL GROUP LTD. (0000947484) (Filer)
13F-HR - ARCH CAPITAL GROUP LTD. (0000947484) (Filer)
SC 13G/A - ARCH CAPITAL GROUP LTD. (0000947484) (Subject)
SC 13G/A - ARCH CAPITAL GROUP LTD. (0000947484) (Subject)
SC 13G/A - ARCH CAPITAL GROUP LTD. (0000947484) (Subject)
Arch will provide scholarships, internships and fellowships to the students of the university Arch Mortgage Insurance Company (Arch MI, the Company) today announced the expansion of its Arch MI Scholars Program to the University of North Carolina Greensboro (UNCG). This scholarship program is designed to provide financial support and job experience for high-achieving students with demonstrated financial need, and the program is centered around the communities local to the Company's headquarters in downtown Greensboro, North Carolina. First announced in 2020, the program began as a partnership with the nation's largest historically black university, North Carolina A&T State University
Longtime Arch executives David Gansberg and Maamoun Rajeh named Presidents of Arch Capital Group Ltd. Arch Capital Group Ltd. (NASDAQ:ACGL, "Arch" or "the Company")) today announced that its Board of Directors (Board) has declared a special cash dividend (special dividend) of $1.9 billion to common shareholders, representing $5.00 per outstanding common share. The special dividend is payable on Dec. 4, 2024, to common shareholders of record on Nov. 18, 2024. "Arch is operating from a position of strength with a long track record of superior performance that is among the best in the insurance industry," Arch CEO Nicolas Papadopoulo said. "As part of our ongoing capital management responsib
Arch Capital Group Ltd. (NASDAQ:ACGL, "Arch, " "our" or "the Company")) announces its 2024 third quarter results. The results included: Net income available to Arch common shareholders of $978 million, or $2.56 per share, representing a 19.0% annualized net income return on average common equity, compared to net income available to Arch common shareholders of $713 million, or $1.88 per share, for the 2023 third quarter. After-tax operating income available to Arch common shareholders(1) of $762 million, or $1.99 per share, representing a 14.8% annualized operating return on average common equity(1), compared to $876 million, or $2.31 per share, for the 2023 third quarter. Pre-tax curr
Arch Insurance North America (Arch Insurance), part of Arch Capital Group Ltd. (NASDAQ:ACGL), today announced that regulatory approval has been obtained for its previously announced acquisition of the U.S. MidCorp and Entertainment insurance businesses of Allianz. Both parties expect to close the transaction on August 1, 2024, subject to customary closing conditions.
On CNBC's “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management said he is staying long on Pfizer Inc. (NYSE:PFE). On July 11, Pfizer announced it will advance the development of Danuglipron. The company selected the once-daily weight loss drug for continued advancement based on an ongoing pharmacokinetic study. Bryn Talkington of Requisite Capital Management named Pacer US Cash Cows 100 ETF (CBOE: COWZ) as her final trade. Don't forget to check out our premarket coverage here Joe Terranova of Virtus Investment Partners picked Arch Capital Group Ltd. (NASDAQ:ACGL), which is a financial stock. Arch Capital Group will release its its second quarter results a
Arch Capital Group (NASDAQ:ACGL) has outperformed the market over the past 10 years by 7.23% on an annualized basis producing an average annual return of 18.11%. Currently, Arch Capital Group has a market capitalization of $36.75 billion. Buying $1000 In ACGL: If an investor had bought $1000 of ACGL stock 10 years ago, it would be worth $5,248.66 today based on a price of $97.87 for ACGL at the time of writing. Arch Capital Group's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's
Longtime Arch executives David Gansberg and Maamoun Rajeh named Presidents of Arch Capital Group Ltd. Arch Capital Group Ltd. (NASDAQ:ACGL, "Arch" or "the Company")) today announced that its Board of Directors (Board) has declared a special cash dividend (special dividend) of $1.9 billion to common shareholders, representing $5.00 per outstanding common share. The special dividend is payable on Dec. 4, 2024, to common shareholders of record on Nov. 18, 2024. "Arch is operating from a position of strength with a long track record of superior performance that is among the best in the insurance industry," Arch CEO Nicolas Papadopoulo said. "As part of our ongoing capital management responsib
Arch Capital Group Ltd. (NASDAQ:ACGL, "Arch, " "our" or "the Company")) announces its 2024 third quarter results. The results included: Net income available to Arch common shareholders of $978 million, or $2.56 per share, representing a 19.0% annualized net income return on average common equity, compared to net income available to Arch common shareholders of $713 million, or $1.88 per share, for the 2023 third quarter. After-tax operating income available to Arch common shareholders(1) of $762 million, or $1.99 per share, representing a 14.8% annualized operating return on average common equity(1), compared to $876 million, or $2.31 per share, for the 2023 third quarter. Pre-tax curr
Arch Capital Group Ltd. (NASDAQ:ACGL, the Company))) today announced it expects to release its 2024 third quarter results after the close of regular stock market hours on Wednesday, October 30. The Company will hold a conference call for investors and analysts at 11 a.m. ET on Thursday, October 31. A live webcast of this call will be available via the Investors section of the Company's website at http://www.archgroup.com/investors. A recording of the webcast will be available in the Investors section of the Company's website approximately two hours after the event concludes and will be archived on the site for one year. About Arch Capital Group Ltd. Arch Capital Group Ltd. (NASDAQ:ACGL)
Barclays initiated coverage of Arch Capital with a rating of Equal Weight and set a new price target of $120.00
ROTH MKM reiterated coverage of Arch Capital with a rating of Buy and set a new price target of $125.00 from $110.00 previously
TD Cowen initiated coverage of Arch Capital with a rating of Outperform and set a new price target of $96.00
Nicolas Papadopoulo Appointed CEO Marc Grandisson to Retire Arch Capital Group Ltd. (NASDAQ:ACGL, "Arch, " "our" or "the Company"))) today announced that Nicolas Papadopoulo has been named Chief Executive Officer and is joining the Board of Directors effective immediately. Papadopoulo has held his current positions of President and Chief Underwriting Officer since 2021 and previously served in various leadership and underwriting roles at the Company beginning in 2001. Marc Grandisson, who has served as CEO since 2018 and has been with Arch since 2001, has decided to retire from the Company. "On behalf of the entire Board, I would like to thank Marc for his leadership and significant con
Arch Capital Group Ltd. (NASDAQ:ACGL) ("Arch" or the "Company") today announced Daniel "Dan" J. Houston and Neal Triplett will join the Company's Board of Directors, effective immediately. Mr. Houston is a seasoned executive with a wealth of experience in the financial services sector. He is Chairman and CEO of Principal Financial Group®, where he is responsible for overall management of the Fortune 500 company across its global lines of business. Mr. Houston also serves as an active member of the Business Roundtable and the Fortune CEO Initiative, as well as the Chair of the Tax Committee for the American Council of Life Insurers. He joined Principal® in 1984 and has held several managem
Arch Insurance North America (Arch Insurance) today announces the appointment of Prabhu Venkataraman as Chief Information Officer. In this role, Venkataraman is responsible for leading technology implementation and services across the segment, with a particular focus on strategic alignment, data enablement and empowering the business. He reports to Prashant Nema, Executive Vice President and Chief Information Officer of Arch Capital Services LLC and Brian First, President of Arch Insurance North America. "Prabhu's addition is another step forward for Arch as we continue to build scalable and enhanced capabilities and invest in our future through our talent," First said. "Prabhu's season