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How to buy Argo Group International stock | $43.7
Own Argo Group International stock in just a few minutes.
Fact checked
Argo Group International Holdings, Ltd is an insurance-property & casualty business based in the US. Argo Group International shares (ARGO) are listed on the NYSE and all prices are listed in US Dollars. Argo Group International employs 1,447 staff and has a trailing 12-month revenue of around USD$1.9 billion.
How to buy shares in Argo Group International
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Argo Group International. Find the stock by name or ticker symbol: ARGO. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Argo Group International reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$43.7, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Argo Group International, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Argo Group International. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- ARGO shares summary
- Compare share dealing platforms
- Is ARGO stock a buy or sell?
- Stock performance over time
- Can I short ARGO shares?
- Are ARGO shares over-valued?
- Argo Group International's financials
- How volatile are ARGO shares?
- Does Argo Group International pay a dividend?
- Have ARGO shares ever split?
- Other common questions
Argo Group International share price
Use our graph to track the performance of ARGO stocks over time.Argo Group International shares at a glance
Information last updated 2020-12-27.
| Latest market close | USD$43.7 |
|---|---|
| 52-week range | USD$24.3789 - USD$68.3256 |
| 50-day moving average | USD$42.2715 |
| 200-day moving average | USD$36.8231 |
| Wall St. target price | USD$45.75 |
| PE ratio | 45.2109 |
| Dividend yield | USD$1.24 (2.89%) |
| Earnings per share (TTM) | USD$1.474 |
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Is it a good time to buy Argo Group International stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Argo Group International price performance over time
Historical closes compared with the close of $43.7 from 2020-12-31
| 1 week (2021-01-07) | -4.69% |
|---|---|
| 1 month (2020-12-17) | -1.38% |
| 3 months (2020-10-15) | 22.58% |
| 6 months (2020-07-15) | 26.23% |
| 1 year (2020-01-15) | -36.59% |
|---|---|
| 2 years (2019-01-15) | -34.14% |
| 3 years (2018-01-13) | N/A |
| 5 years (2016-01-15) | 56.13 |
Is Argo Group International under- or over-valued?
Valuing Argo Group International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Argo Group International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Argo Group International's P/E ratio
Argo Group International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 45x. In other words, Argo Group International shares trade at around 45x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Argo Group International's EBITDA
Argo Group International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$102.5 million.
The EBITDA is a measure of a Argo Group International's overall financial performance and is widely used to measure a its profitability.
Argo Group International financials
| Revenue TTM | USD$1.9 billion |
|---|---|
| Gross profit TTM | USD$495.3 million |
| Return on assets TTM | -0.57% |
| Return on equity TTM | -8.41% |
| Profit margin | -8.49% |
| Book value | $49.625 |
| Market capitalisation | USD$1.5 billion |
TTM: trailing 12 months
Shorting Argo Group International shares
There are currently 351,392 Argo Group International shares held short by investors – that's known as Argo Group International's "short interest". This figure is 23.1% up from 285,363 last month.
There are a few different ways that this level of interest in shorting Argo Group International shares can be evaluated.
Argo Group International's "short interest ratio" (SIR)
Argo Group International's "short interest ratio" (SIR) is the quantity of Argo Group International shares currently shorted divided by the average quantity of Argo Group International shares traded daily (recently around 146413.33333333). Argo Group International's SIR currently stands at 2.4. In other words for every 100,000 Argo Group International shares traded daily on the market, roughly 2400 shares are currently held short.
However Argo Group International's short interest can also be evaluated against the total number of Argo Group International shares, or, against the total number of tradable Argo Group International shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Argo Group International's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Argo Group International shares in existence, roughly 10 shares are currently held short) or 0.0103% of the tradable shares (for every 100,000 tradable Argo Group International shares, roughly 10 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Argo Group International.
Find out more about how you can short Argo Group International stock.
Argo Group International share dividends
We're not expecting Argo Group International to pay a dividend over the next 12 months.
Have Argo Group International's shares ever split?
Argo Group International's shares were split on a 115:100 basis on 6 March 2018. So if you had owned 100 shares the day before before the split, the next day you'd have owned 115 shares. This wouldn't directly have changed the overall worth of your Argo Group International shares – just the quantity. However, indirectly, the new 13% lower share price could have impacted the market appetite for Argo Group International shares which in turn could have impacted Argo Group International's share price.
Argo Group International share price volatility
Over the last 12 months, Argo Group International's shares have ranged in value from as little as $24.3789 up to $68.3256. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Argo Group International's is 0.8756. This would suggest that Argo Group International's shares are less volatile than average (for this exchange).
Argo Group International overview
Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S. Operations and International Operations. The U.S. Operations segment underwrites primary and excess specialty casualty, and commercial multi-peril, as well as contract, product, environmental, and auto liability products; and general, auto, management, errors and omissions, and public entity liability, as well as workers compensation, and surety and inland marine risks. This segment distributes its products through a network of wholesale agents and brokers. Its International Operations segment offers coverage for long-tail casualty and general liability; property catastrophe reinsurance, and direct and facultative excess insurance; professional indemnity, directors and officer's liability, and medical malpractice; and North American and international binders, and residential collateral protection for lending institutions. This segment also underwrites risks of general liability, international casualty, and motor treaties; and personal accident, aviation, cargo, yachts, and onshore and offshore marine insurance. This segment distributes its products through brokers and third-party intermediaries. Argo Group International Holdings, Ltd. is headquartered in Pembroke, Bermuda.
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