Last $22.87 USD
Change Today -0.02 / -0.09%
Volume 2.9M
AGO On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

assured guaranty ltd (AGO) Snapshot

Open
$22.62
Previous Close
$22.89
Day High
$23.12
Day Low
$22.55
52 Week High
06/20/14 - $26.78
52 Week Low
10/9/13 - $17.80
Market Cap
4.1B
Average Volume 10 Days
4.4M
EPS TTM
$3.78
Shares Outstanding
179.6M
EX-Date
05/19/14
P/E TM
6.1x
Dividend
$0.44
Dividend Yield
1.84%
Current Stock Chart for ASSURED GUARANTY LTD (AGO)

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assured guaranty ltd (AGO) Details

Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It offers insurance that protect holders of debt instruments and other monetary obligations from defaults in scheduled payments, including scheduled interest and principal payments. The company insures various securities, including bonds issued by the United States state or municipal governmental authorities; notes issued to finance international infrastructure projects; and asset-backed securities issued by special purpose entities. It also insures and reinsures various types of the United States public finance obligations, such as general obligation, tax-backed, municipal utility, transportation, healthcare, higher education, housing revenue, infrastructure, investor-owned utility, and other public finance bonds; and various types of non-United States public finance obligations comprising infrastructure finance, regulated utilities, pooled infrastructure, and other public finance obligations. In addition, the company insures and reinsures various types of the United States and non-United States structured finance obligations, including pooled corporate obligations, residential mortgage-backed securities, financial products, consumer receivables securities, commercial mortgage-backed securities, commercial receivables securities, insurance securitization securities, and other structured finance securities. Assured Guaranty Ltd. markets its financial guaranty insurance directly to issuers and underwriters of public finance and structured finance securities, as well as to investors in debt obligations. The company was founded in 2003 and is based in Hamilton, Bermuda.

326 Employees
Last Reported Date: 02/28/14
Founded in 2003

assured guaranty ltd (AGO) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $4.5M
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $1.3M
Chief Operating Officer
Total Annual Compensation: $1.3M
Chief Surveillance Officer
Total Annual Compensation: $1.2M
General Counsel and Secretary
Total Annual Compensation: $1.6M
Compensation as of Fiscal Year 2013.

assured guaranty ltd (AGO) Key Developments

Assured Guaranty Seeks Acquisitions

Assured Guaranty Ltd. (NYSE:AGO) has filed a shelf registration on June 17, 2014. Assured Guaranty intends to use the net proceeds from the sale of the offered securities for general corporate purposes, which may include repayment of indebtedness, expansion of net underwriting capacity, payment of dividends, repurchase of common shares and acquisitions of companies or portfolios of business.

Assured Guaranty Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Assured Guaranty Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net income was $42 million against loss of $144 million a year ago. The main driver of the increase was lower non-economic net unrealized fair value losses on credit derivatives. Operating income was $132 million against $260 million a year ago. Net income per diluted share was $0.23 against loss of $0.74 a year ago. Operating income per diluted share was $0.72 against $1.34 a year ago. Net earned premiums were $132 million against $248 million a year ago. Net investment income was $103 million against $94 million a year ago. Total revenues were $195 million against negative of $176 million a year ago. Income before income taxes was $69 million against loss of $212 million a year ago. Adjusted book value per share increased to $49.79 as at March 31, 2014 against $49.58 as at December 31, 2013. Non-GAAP net earned premiums were $149 million against $266 million a year ago. Non-GAAP net investment income was $99 million against $94 million a year ago. Non-GAAP total revenues were $297 million against $390 million a year ago. Non-GAAP income before income taxes was $180 million against $351 million a year ago. Non-GAAP income was $132 million against $260 million a year ago. Non-GAAP diluted earnings per share were $0.72 against $1.34 a year ago. ROE, excluding unrealized gain on investment portfolio was 3.4% against 13.1% a year ago. Operating ROE was 8.5% against 17.5% a year ago.

Assured Guaranty Ltd. Declares Quarterly Dividend, Payable on June 4, 2014

Assured Guaranty Ltd. declared a quarterly dividend of $0.11 per common share. The dividend is payable on June 4, 2014 to shareholders of record at the close of business on May 21, 2014.

 

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Industry Analysis

AGO

Industry Average

Valuation AGO Industry Range
Price/Earnings 4.3x
Price/Sales 2.1x
Price/Book 0.8x
Price/Cash Flow 4.1x
TEV/Sales 1.2x
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