Assured Guaranty (AGO) Projected to Post Earnings on Thursday

Assured Guaranty (NYSE:AGO) is projected to post 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

Shares of NYSE:AGO opened at $90.76 on Tuesday. The firm has a market cap of $4.62 billion, a price-to-earnings ratio of 7.05 and a beta of 1.11. Assured Guaranty has a 1 year low of $72.57 and a 1 year high of $96.60. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.29. The business has a fifty day simple moving average of $90.75 and a 200 day simple moving average of $86.24.

Assured Guaranty Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be given a $0.34 dividend. This is a positive change from Assured Guaranty’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a yield of 1.50%. The ex-dividend date of this dividend is Wednesday, March 5th. Assured Guaranty’s dividend payout ratio is presently 9.63%.

Wall Street Analyst Weigh In

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

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.