Arch Capital Group Ltd.’s Stock Price Soars to $106.51, Notching a Robust 1.83% Uptick

Arch Capital Group Ltd. (ACGL)

106.51 USD +1.91 (+1.83%) Volume: 1.14M

Arch Capital Group Ltd.’s stock price stands strong at 106.51 USD, marking a positive trading session with a 1.83% hike and a robust trading volume of 1.14M. Reflecting a year-to-date percentage change of +43.41%, ACGL’s stock performance continues to impress investors.

Latest developments on Arch Capital Group Ltd.

Arch Capital Group Ltd. (ACGL) has been making headlines recently as its stock price soared to a 52-week high of $103.82. Analyst estimates and ratings have been positive, with Summit Global Investments holding a $1.05 million position in the company. Wealth Enhancement Advisory Services LLC sold shares, while Arch Capital‘s EVP and CFO sold shares worth over $1.17 million. First Horizon Advisors Inc. also sold shares, contributing to the stock reaching a new 1-year high. Assenagon Asset Management S.A. trimmed its stake in the company, and CFO Francois Morin sold 11,460 shares. Despite these movements, analysts still recommend a “moderate buy” for Arch Capital Group Ltd.

A look at Arch Capital Group Ltd. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Arch Capital Group Ltd. is a Bermuda-based insurance and financial services company that provides reinsurance and insurance products on a worldwide basis. According to Smartkarma Smart Scores, Arch Capital has a mixed outlook for the long-term. While the company scores well in terms of growth potential, with a score of 4 out of 5, its value and resilience scores are lower at 2 each. The dividend score is the lowest at 1, indicating that investors may not see significant returns in this aspect.

Despite the lower scores in some areas, Arch Capital does show promise in terms of momentum, with a score of 3. This suggests that the company may have positive momentum in the market that could lead to future growth opportunities. Overall, investors may want to consider a balanced approach when evaluating Arch Capital for long-term investment potential, taking into account its strengths in growth and momentum, as well as its weaknesses in value, resilience, and dividends.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma