OakChart

Assured Guaranty Ltd

AGOFinancial·Insurance - Specialty·Bermuda·Mid·NYSE·Nov 11 • 7:27 AM ET

73.79-0.14 (-0.19%)
2026-11-11 14:24 CET
Market cap
3,251.45 USD m
Revenue, TTM
941.00 USD m
Net income, TTM
321.00 USD m
Free cash flow, TTM
361.00 USD m
EPS diluted, TTM
7.06
P/E
10.45
Compare

Price

AGO against its 20, 50 and 200-day averages
2050200beatmiss
70.0075.0080.0085.00849K1.7MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26AGOclose 73.7920-day 71.1350-day 70.91200-day 78.5473.79

20.1% under 92.40 on 17 Dec 2025. Last 15 sessions, 8.9% high to low

Profile

AGO
52-week range, 26% of the way up
67.2492.39

Assured Guaranty Ltd. is a holding company, which engages in the provision of credit protection products to the U.S. and international public finance, and structured finance markets through its subsidiaries. It operates through the Insurance and Asset Management segments. The Insurance segment includes the company's domestic and foreign insurance subsidiaries and their wholly owned subsidiaries that provide credit protection products to the U.S. and international public and structured finance markets. The Asset Management segment consists of the company's Assured Investment Management subsidiaries, which provide asset management services to outside investors as well as to the company's Insurance segment. The company was founded in August 2003 and is headquartered in Hamilton, Bermuda.

IndexRUI
Employees367
IPOApr 23, 2004
Beta0.62
ATR, 14d1.49
Rel volume0.02
Short float6.20%
Insider own6.25%
Inst own93.67%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap3.25B
Enterprise Value-
Income321.00M
Sales941.00M
Book/sh122.92
Cash/sh-
Dividend Est.1.52 (2.06%)
Dividend TTM1.48 (2.01%)
Dividend Ex-DateNov 18, 2026
Dividend Gr. 3/5Y10.79% 11.20%
Payout13.11%
Employees367
IPOApr 23, 2004

Ratios

P/E10.45
Forward P/E10.71
PEG-
P/S3.45
P/B0.60
P/C-
P/FCF8.99
EV/EBITDA-
EV/Sales-
Quick Ratio-
Current Ratio6.31
Debt/Eq0.35
LT Debt/Eq0.35
Option/ShortYes / Yes

Earnings

EPS (ttm)7.06
EPS next Y6.89
EPS next Q1.72
EPS this Y-22.98%
EPS next Y-1.44%
EPS next 5Y-4.97%
EPS past 3/5Y74.41% 19.70%
Sales past 3/5Y4.70% -1.19%
EPS Y/Y TTM-12.50%
Sales Y/Y TTM3.29%
EPS Q/Q-18.74%
Sales Q/Q7.11%
EarningsNov 05 AMC
EPS/Sales Surpr.18.88% 4.03%

Ownership

Insider Own6.25%
Insider Trans-1.82%
Inst Own93.67%
Inst Trans-0.37%
ROA2.64%
ROE5.86%
ROIC4.45%
Gross Margin-
Oper. Margin49.84%
Profit Margin34.11%
SMA203.74%
SMA504.06%
SMA200-6.04%
Trades-

Technical

Shs Outstand43.96M
Shs Float41.23M
Short Float6.20%
Short Ratio5.96
Short Interest2.56M
52W High92.39 -20.14%
52W Low67.24 9.74%
Volatility2.58% 2.06%
ATR (14)1.49
RSI (14)62.27
Beta0.62
Rel Volume0.02
Avg Volume428.74K
Volume332

Performance

Perf Week1.77%
Perf Month5.90%
Perf Quarter-3.12%
Perf Half Y-1.80%
Perf YTD-17.89%
Perf Year-15.92%
Perf 3Y13.30%
Perf 5Y37.98%
Perf 10Y114.82%
Recom1.00
Target Price91.00
Prev Close73.93
Price73.79
Change %-0.19%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 25, 2026UpgradeRRoth CapitalNeutral → Buy$85+15.2%
May 19, 2026UpgradeUUBSNeutral → Buy$94+27.4%
May 08, 2026DowngradeRRoth CapitalBuy → Neutral$80+8.4%
Jul 09, 2024UpgradeKKeefe BruyetteMkt Perform → Outperform$87 → $92+24.7%
Apr 01, 2024DowngradeKKeefe BruyetteOutperform → Mkt Perform$75 → $92+24.7%
Nov 28, 2022InitiatedCCompass PointBuy$84+13.8%
Apr 05, 2022DowngradeUUBSBuy → Neutral$56 → $65-11.9%
Dec 20, 2017ResumedKKeefe BruyetteOutperform$47-36.3%
Feb 28, 2017DowngradeKKeefe BruyetteOutperform → Mkt Perform
Nov 16, 2015ReiteratedMMKM PartnersBuy$35 → $40-45.8%

Peers

Mkt cap
TickerCompanyMkt cap
MBIMBIA Inc243.87M
ESNTEssent Group Ltd5.69B
MTGMGIC Investment Corp5.59B
RDNRadian Group Inc4.65B
ACTEnact Holdings Inc6.21B
NMIHNMI Holdings Inc2.90B
AXSAxis Capital Holdings Ltd7.74B
OSGOctave Specialty Group Inc243.78M
FAFFirst American Financial Corp6.91B
RNRRenaissanceRe Holdings Ltd14.37B

Insider trading

13 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
HOLLY HORNsenior advisor to CEOJun 23 '26Proposed Sale77.576,446500,000Jun 23 03:34 PM
HOLLY HORNFORMER OFFICERJun 16 '26Proposed Sale77.006,493499,967Jun 17 01:08 PM
Radtke LorinDirectorMay 29 '26Sale74.321,04777,8139,307Jun 01 05:09 PM
Lorin RadtkeDirectorMay 29 '26Proposed Sale74.341,04777,834May 29 04:07 PM
Bailenson RobertChief Operating OfficerMay 11 '26Sale78.6250,0003,930,765256,251May 12 04:37 PM
ROBERT BAILENSONOFFICERMay 11 '26Proposed Sale78.0050,0003,900,000May 11 03:44 PM
BORGES FRANCISCO LDirectorMar 30 '26Sale80.22123,7509,927,225176,952Mar 31 04:45 PM
BORGES FRANCISCO LDirectorMar 31 '26Proposed Sale81.39123,75010,072,000Mar 30 01:46 PM
FREDERICO DOMINICPresident/CEO/Deputy ChairmanMar 23 '26Sale81.4129,9982,442,1371,264,295Mar 24 04:41 PM
FREDERICO DOMINICPresident/CEO/Deputy ChairmanMar 20 '26Sale81.0620,0021,621,3621,294,293Mar 23 04:42 PM
FREDERICO DOMINICOfficerMar 20 '26Proposed Sale82.0350,0004,101,500Mar 20 10:29 AM
Radtke LorinDirectorMar 04 '26Sale87.141,219106,2248,297Mar 05 05:56 PM
Lorin RadtkeDirectorMar 04 '26Proposed Sale86.901,219105,931Mar 04 05:01 PM

Held by

AUM
TickerCompanyAUM
IJRiShares Core S&P Small-Cap ETFAUM: 106.63B
VTIVanguard Morningstar Total Stock Market ETFAUM: 689.41B
DFSVUS Small Cap Value Portfolio ETF Class SharesAUM: 8.54B
AVUVAvantis U.S. Small Cap Value ETFAUM: 32.40B
VBVanguard Morningstar Small-Cap ETFAUM: 79.96B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.82B
SDVYFirst Trust SMID Cap Rising Dividend Achievers ETFAUM: 11.32B
FVDFirst Trust Value Line Dividend Index FundAUM: 8.17B
VXFVanguard Extended Market Index ETFAUM: 30.61B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.57B

News

latest 14 of 206
  • Assured Guaranty Beats As Production Accelerates And Brightline Settles, But Lower Buybacks Complicate The Discount-To-Book Story (Earnings Whispers)
  • Assured Guaranty: Q3 Earnings Snapshot (Associated Press)
  • Assured Guaranty Ltd. Reports Results for Third Quarter 2026 (Business Wire)
  • Assured Guaranty Ltd. Declares Quarterly Dividend of $0.38 per Common Share (Business Wire)
  • Assured Guaranty Must Show Its Production Surge Can Survive Tougher Comparisons (Earnings Whispers)
  • Loading…
  • Assured Guaranty Ltd. to Report Third Quarter 2026 Financial Results on November 5, 2026 (Business Wire)
  • Twilio downgraded, Synopsys upgraded: Wall Street's top analyst calls (The Fly)
  • Brightline reworks debt in bankruptcy court but its high-speed trains will keep running in Florida (Associated Press)
  • Assured Guaranty Statement Regarding Brightline Florida Financial Restructuring (Business Wire)
  • Assured Guaranty Guarantees 200 Million of Debt as part of the Refinancing of France's A28 Toll Road (Business Wire)
  • Assured Guaranty Ltd (AGO) (Q2 2026) Earnings Call Highlights: Record Book Value and 48% Surge ... (GuruFocus.com) -8.65%
  • Assured Guaranty: Q2 Earnings Snapshot (Associated Press)
  • Assured Guaranty Ltd. Declares Quarterly Dividend of $0.38 per Common Share (Business Wire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-051.9401.6321.750214205.74
2026Q22026-08-061.2301.5130.874195205.034
2026Q12026-05-072.5001.5071.916261208.634
2025Q42026-02-262.3201.4532.511277205.834
2025Q32025-11-062.5701.4152.167206199.443
2025Q22025-08-071.0101.4792.085281201.543
2025Q12025-05-083.1802.6673.452345236.044
2024Q42025-02-271.2701.3650.347156199.565
2024Q32024-11-112.4201.3373.165269202.574
2024Q22024-08-071.4401.3921.418202193.055
2024Q12024-05-071.9601.3201.891245194.785
2023Q42024-02-275.7501.1836.449327196.154
2023Q32023-11-073.4201.1242.634208186.74
2023Q22023-08-080.6001.0832.080224191.394
2023Q12023-05-091.1201.0181.341190182.544
2022Q42023-02-280.2200.9631.525193176.944

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY5.4105.0155.9601,7391,630
2018FY4.3404.1324.6721,002998.12
2019FY3.9103.7684.002963906.3
2020FY2.9702.8484.1881,115857.74
2021FY6.3203.2605.236848804.75
2022FY4.1405.0061.925757811.44
2023FY10.7806.28012.2991,373815
2024FY7.1006.9566.869872864.56
2025FY9.0808.23810.2601,110921.16
2026FY-6.993--888.95
2027FY-6.893--841.03
2028FY-7.793--878.25

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-06311208.95194.6218.35
2026Q4S2026-10-21301208.28192.6218.35
2026Q4S2026-09-28311208.28192.6218.35
2026Q4S2026-09-11321208.28192.6218.35
2026Q4S2026-08-26220203.25192.6213.9
2026Q4S2026-08-11320209.21192.6221.13
2026Q4S2026-08-07320208.78192.6221.13
2026Q4S2026-07-22310207.78189.6221.13
2026Q4S2026-07-15320207.78189.6221.13
2026Q4S2026-06-25210205.37189.6221.13
2026Q4S2026-05-23310203.34189.6221.13
2026Q4S2026-05-18311203.34189.6221.13
2026Q4S2026-05-08311203.04189.6220.22
2026Q4S2026-03-17301202.37187.6220.22

Estimate history

EPS, annual5.964.6724.0024.1885.2361.92512.2996.86910.2467.0622
Period201720182019202020212022202320242025TTM
EPS, quarterly3.1650.3473.4522.0852.1672.5111.9160.8741.761
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual1527906906982809806899812925941
Period201720182019202020212022202320242025TTM
Sales, quarterly199204297199211218286211226
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual116.021103.67393.27577.54767.51859.01356.21750.50545.18543.957
Period201720182019202020212022202320242025MRQ
Shares, quarterly51.55750.50549.55348.10946.70945.18544.59144.05543.957
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue941.00925.00812.00899.00806.00809.00982.00906.00906.00
Losses, Claims & Reserves66.0056.00-26.00162.0016.00-220.00203.0093.0064.00
Selling, General and Administrative Incl. Other406.00287.00306.00308.00385.00340.00325.00249.0097.00
Operating Income before Interest Expense469.00582.00532.00429.00405.00689.00454.00564.00745.00
Interest Expense88.0089.0091.0090.0081.0087.0085.0089.0094.00
Unusual Expense42.0029.00-12.0014.0021.00198.0022.0039.0034.00
Net Income Before Taxes320.00560.00426.00640.00187.00383.00386.00460.00580.00
Income Taxes35.00119.0096.00-93.0011.0058.0045.0063.0059.00
Consolidated Net Income343.00543.00392.00761.00137.00419.00368.00401.00521.00
Net Income From Continuing Operations324.00503.00376.00739.00124.00389.00362.00402.00521.00
Net Income321.00499.00373.00733.00123.00389.00361.00401.00520.00
EPS (Recurring)7.9110.666.7112.462.157.104.374.274.89
EPS (Basic, Before Extraordinaries)7.1410.377.0012.551.965.294.224.044.73
EPS (Diluted)7.0610.256.8712.301.925.244.194.004.67
Non-Operating Income (Expense)-19.0096.00-27.00315.00-116.00-21.0039.0024.00-37.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense27.2044.0036.0039.0042.0029.0026.2022.1019.00
Price To Earnings Ratio10.4710.476.969.8714.999.307.2312.148.16
Price To Sales Ratio3.194.736.024.964.944.612.765.424.70
Operating Margin49.8462.9265.5247.7250.2585.1746.2362.2582.23
Net Margin34.1153.9545.9481.5415.2648.0836.7644.2657.40
Shares Outstanding43.9645.1850.5156.2259.0167.5277.5593.27103.67
Market Capitalization3,251.453,251.454,581.584,284.513,735.263,506.512,544.594,676.073,968.59
Operating Income after Interest Expense-493.00441.00339.00324.00602.00369.00475.00651.00
Reserves Increase (Decrease)-0.000.000.000.000.000.000.000.00

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue226.00211.00286.00218.00211.00199.00297.00204.00
Losses, Claims & Reserves12.0012.0024.0018.00-30.0028.0040.0028.00
Selling, General and Administrative Incl. Other91.00106.00171.0038.0069.0094.0086.0068.00
Operating Income before Interest Expense123.0093.0091.00162.00172.0077.00171.00108.00
Interest Expense22.0022.0022.0022.0022.0023.0022.0023.00
Operating Income after Interest Expense101.0071.0069.00140.00150.0054.00149.0085.00
Unusual Expense13.009.0016.004.0012.003.0010.00-
Net Income Before Taxes87.0060.0034.00139.00115.00130.00176.0015.00
Income Taxes19.009.00-20.0027.0021.0027.0044.008.00
Consolidated Net Income80.0040.0085.00138.00114.00106.00185.0022.00
Net Income From Continuing Operations78.0039.0088.00119.00105.00103.00176.0018.00
Net Income78.0039.0087.00117.00104.00103.00175.0018.00
EPS (Recurring)1.971.022.162.572.342.133.590.35
EPS (Basic, Before Extraordinaries)1.770.881.942.552.192.113.500.36
EPS (Diluted)1.760.871.922.512.172.083.450.35
Non-Operating Income (Expense)-1.00-2.00-19.003.00-23.0079.0037.00-70.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense6.809.353.407.65-6.803.4011.9034.00
Price To Earnings Ratio10.479.137.8711.029.2110.2212.926.96
Price To Sales Ratio3.193.864.054.534.464.795.025.70
Operating Margin54.4244.0831.8274.3181.5238.6957.5852.94
Net Margin34.5118.4830.4253.6749.2951.7658.928.82
Shares Outstanding43.9644.0644.5945.1846.7148.1149.5550.51
Market Capitalization3,251.453,549.693,662.434,143.824,030.634,275.834,397.724,581.58

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Total Cash389.00126.0097.00108.00122.00164.00169.00104.00144.00
Investments8,487.008,663.009,115.008,365.009,608.0011,543.0011,134.0011,442.0012,097.00
Premium Balance Receivables - Insurance1,572.001,551.001,468.001,301.001,377.001,380.001,286.00904.00915.00
Net Property, Plant & Equipment54.0060.0071.0087.00100.0078.00100.000.00-
Investment in Unconsolidated Affiliates175.00101.00366.005,493.005,271.00208.00120.000.000.00
Deferred Tax Assets246.00262.00250.00114.00195.00217.00254.00297.00395.00
Other Intangible Assets1,253.001,138.001,172.001,375.001,730.001,961.001,479.001,026.001,016.00
Total Assets12,176.0011,901.0012,539.0016,843.0018,403.0015,551.0014,542.0013,773.0014,567.00
Insurance Policy Liabilities - Insurance3,934.003,987.004,034.003,916.004,585.004,823.004,748.004,630.004,756.00
Total Debt1,961.001,938.002,334.006,896.005,869.002,911.002,215.001,750.002,049.00
Long Term Debt1,948.001,925.002,318.006,873.005,846.002,891.002,195.001,750.002,049.00
Provision for Risks Charges0.000.000.000.000.000.000.000.00-
Deferred Tax Liabilities----228.00317.00271.00229.00297.00
Other Liabilities492.00423.00406.00739.001,221.00795.00656.00609.00626.00
Total Liabilities6,387.006,348.006,774.0011,551.0011,903.008,846.007,890.007,218.007,728.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity5,663.005,495.005,713.005,064.006,292.006,643.006,639.006,555.006,839.00
Total Shareholders Equity5,663.005,495.005,713.005,064.006,292.006,643.006,639.006,555.006,839.00
Accumulated Minority Interest126.0058.0052.00228.00208.0062.0013.000.000.00
Total Equity5,789.005,553.005,765.005,292.006,500.006,705.006,652.006,555.006,839.00
Total Liabilities & Stockholders Equity12,176.0011,901.0012,539.0016,843.0018,403.0015,551.0014,542.0013,773.0014,567.00
Book Value Per Share125.33108.80101.6285.8193.1985.6671.1863.2358.95
Tangible Book Value Per Share125.33108.80101.5283.0590.6083.0568.8663.2358.95
Full-Time Employees367361350411407412441312310
Price to Book Ratio0.600.810.820.770.540.370.690.610.58
Return on Assets4.183.085.030.702.292.412.843.685.07
Return on Equity9.026.7113.712.186.015.456.097.7810.94
Return on Invested Capital6.615.079.201.043.203.804.556.278.21
Current Ratio9.2912.7110.169.843.883.113.331.891.51

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations436.00334.00157.00418.00-985.00481.00278.00139.00498.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital--75.00-110.0043.00-1,494.00-2,418.00-1,131.00-648.00-36.00
Cash from Operating Activities361.00259.0047.00461.00-2,479.00-1,937.00-853.00-509.00462.00
Capital Expenditures0.000.000.000.000.000.000.000.000.00
Net Assets From Acquisitions-145.000.000.000.000.000.000.00-145.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.000.00
Purchase or Sale of Investments241.00560.00-109.00114.001,733.00-368.00792.001,145.00164.00
Purchase of Investments-1,703.00-1,744.00-1,911.00-1,626.00-459.00-1,689.00-1,484.00-1,813.00-2,208.00
Sale Or Maturity of Investments1,944.002,304.001,802.001,740.002,192.001,321.002,276.002,958.002,372.00
Other Uses7.000.00-8.00-3.00-3.000.000.00-3.000.00
Other Sources79.0081.0023.00175.0084.0056.0084.00190.00133.00
Cash from Investing Activities182.00641.00780.00286.001,814.0062.00876.001,187.00297.00
Cash Dividends Paid-68.00-68.00-68.00-67.00-64.00-66.00-69.00-74.00-71.00
Change in Capital Stock-261.00-500.00-532.00-199.00-500.00-496.00-446.00-500.00-507.00
Repurchase of Common Pref Stock-261.00-500.00-532.00-199.00-500.00-496.00-446.00-500.00-513.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.006.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.00-16.00-375.00-304.001,507.003,293.00663.00-9.00-217.00
Change in Long Term Debt0.000.000.0015.00-2.00269.00-22.00-4.00-101.00
Issuance of Long Term Debt0.000.000.00345.000.00889.000.000.00-
Reduction of Long Term Debt0.000.000.00-330.00-2.00-620.00-22.00-4.00-101.00
Net Financing Active Other Cash Flow-115.00-32.00-8.00-100.00-405.00-810.00-53.00-19.000.00
Other Financing Activities Uses-117.00-34.00-10.00-100.00-405.00-836.00-53.00-19.000.00
Cash from Financing Activities-460.00-616.00-983.00-670.00538.001,921.0095.00-602.00-795.00
Exchange Rate Effect0.007.00-2.002.00-8.00-2.00-3.003.00-4.00
Net Change in Cash83.00291.00-158.0079.00-135.0044.00115.0079.00-40.00
Free Cash Flow361.00259.0047.00461.00-2,479.00-1,937.00-853.00-509.00462.00
Preferred Dividends (Cash Flow)-----0.00---
Price to Free Cash Flow10.2422.91-11.32----10.90

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Total Cash227.00310.00312.00389.00160.00302.00
Investments8,792.008,930.008,906.008,487.008,758.008,569.00
Net Property, Plant & Equipment0.000.000.0054.000.000.00
Investment in Unconsolidated Affiliates0.000.000.00175.00136.00121.00
Deferred Tax Assets---246.00--
Other Intangible Assets1,874.001,878.001,874.001,253.001,464.001,472.00
Total Assets12,435.0012,641.0012,635.0012,176.0012,101.0012,095.00
Insurance Policy Liabilities - Insurance4,365.004,390.004,398.003,934.003,971.003,990.00
Total Debt1,871.001,878.001,883.001,961.001,852.001,887.00
Long Term Debt1,871.001,878.001,883.001,948.001,852.001,887.00
Provision for Risks Charges0.000.000.000.000.000.00
Other Liabilities771.00791.00790.00492.00541.00489.00
Total Liabilities7,007.007,059.007,071.006,387.006,364.006,366.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity5,403.005,559.005,542.005,663.005,658.005,633.00
Total Shareholders Equity5,403.005,559.005,542.005,663.005,658.005,633.00
Accumulated Minority Interest25.0023.0022.00126.0079.0096.00
Total Equity5,428.005,582.005,564.005,789.005,737.005,729.00
Total Liabilities & Stockholders Equity12,435.0012,641.0012,635.0012,176.0012,101.0012,095.00
Book Value Per Share122.92126.18124.29125.33121.13117.09
Tangible Book Value Per Share122.92126.18124.29125.33121.13117.09
Full-Time Employees---367--
Price to Book Ratio0.600.650.650.740.720.77
Return on Assets2.642.843.384.183.303.87
Return on Equity5.866.277.469.027.068.38
Return on Invested Capital1.070.521.191.561.401.37
Current Ratio6.315.805.709.2911.6310.53

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations92.0040.00190.00114.0055.0078.00
Extraordinary Item0.000.000.000.000.000.00
Cash from Operating Activities92.0040.00190.0039.0055.0078.00
Capital Expenditures0.000.000.000.000.000.00
Net Assets From Acquisitions0.000.00-145.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments-149.00-20.00121.00289.00-77.00215.00
Purchase of Investments-407.00-666.00-313.00-317.00-597.00-471.00
Sale Or Maturity of Investments258.00646.00434.00606.00520.00686.00
Other Uses-1.0039.00-40.009.00-2.00-3.00
Other Sources4.006.004.0065.006.005.00
Cash from Investing Activities-146.0025.00-60.00363.00-73.00217.00
Cash Dividends Paid-17.00-17.00-19.00-15.00-17.00-17.00
Change in Capital Stock-10.00-45.00-75.00-131.00-118.00-131.00
Repurchase of Common Pref Stock-10.00-45.00-75.00-131.00-118.00-131.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.00-3.000.000.000.00
Change in Long Term Debt0.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.00
Net Financing Active Other Cash Flow-4.00-7.00-117.0013.00-5.00-9.00
Other Financing Activities Uses-5.00-8.00-117.0013.00-5.00-10.00
Cash from Financing Activities-31.00-66.00-214.00-149.00-140.00-157.00
Exchange Rate Effect1.00-1.00-2.002.00-3.005.00
Net Change in Cash-84.00-2.00-86.00255.00-161.00143.00
Free Cash Flow92.0040.00190.0039.0055.0078.00
Price to Free Cash Flow10.2413.9712.5821.9320.6326.89

Revenue breakdown

Surety Insurance2024: 872.00M 2025: 1.11B
Bermuda2024: 168.00M 2025: 177.00M
Consolidation, Policy2024: -14.00M 2025: 134.00M
Other Countries2024: 1.00M 2025: 2.00M
United Kingdom2024: 32.00M 2025: 48.00M
United States2024: 685.00M 2025: 749.00M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-306.20%2.6M41.2M427.22K
2026-10-155.91%2.4M41.2M420.30K
2026-09-305.76%2.4M41.2M407.15K
2026-09-155.52%2.3M41.2M377.14K
2026-08-315.48%2.3M41.3M367.41K
2026-08-145.24%2.2M41.2M372.12K
2026-07-314.57%1.9M41.5M406.30K
2026-07-154.64%1.9M41.5M417.91K
2026-06-304.16%1.7M41.5M412.88K
2026-06-154.66%1.9M41.5M387.72K
2026-05-294.50%1.9M41.5M386.46K
2026-05-154.65%1.9M41.5M367.67K
2026-04-304.52%1.9M42.1M311.42K
2026-04-153.50%1.5M41.9M292.33K
2026-03-313.27%1.4M42.1M296.76K
2026-03-133.02%1.3M42.1M313.21K
2026-02-272.86%1.2M42.1M299.38K
2026-02-132.34%1.0M43.2M307.91K
2026-01-302.39%1.0M43.2M328.86K
2026-01-152.46%1.1M43.2M321.84K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call40.0032.2035.900.003.3710.000.000.945-0.1830.013
call45.0026.9030.600.002.7050.000.000.935-0.1770.015
call50.0022.6025.900.002.3860.000.000.922-0.1680.018
call55.0017.0020.900.001.9810.000.000.905-0.1580.020
call60.0012.6015.1013.951.2711.000.000.881-0.1450.024
call65.007.0010.706.271.1192.000.000.841-0.1270.029
call70.003.005.103.500.58063.000.000.751-0.1040.038
call75.000.202.000.900.51735.000.000.456-0.1430.048
call80.000.001.500.100.75561.000.000.286-0.1630.041
call85.000.002.150.201.02345.000.000.226-0.1900.036
call90.000.002.150.001.2520.000.000.196-0.2140.033
call95.000.002.150.001.4550.000.000.175-0.2320.031
call1000.002.150.001.6390.000.000.161-0.2470.030
call1050.001.400.001.7710.000.000.144-0.2480.027
put40.000.001.400.002.7020.000.00-0.054-0.1830.013
put45.000.002.150.002.2670.000.00-0.064-0.1760.015
put50.000.001.450.001.8740.000.00-0.077-0.1670.018
put55.000.002.150.001.5110.000.00-0.094-0.1560.020
put60.000.001.250.051.1692430.00-0.119-0.1430.024
put65.000.000.950.150.8423250.00-0.158-0.1240.029
put70.000.000.900.850.4993120.00-0.249-0.1000.038
put75.001.053.806.800.6601.000.00-0.543-0.1390.048
put80.004.708.400.000.9540.000.00-0.711-0.1580.041
put85.0010.3012.7011.001.0672.000.00-0.772-0.1850.037
put90.0015.2018.600.001.5290.000.00-0.804-0.2080.033
put95.0019.5023.1026.981.61034.000.00-0.824-0.2260.031
put10025.1028.400.001.8930.000.00-0.839-0.2400.030
put10530.0033.200.002.0330.000.00-0.856-0.2400.028

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-068-KCurrent report2026-11-06SEC
2026-11-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-058-KCurrent report2026-11-05SEC
2026-10-023Initial statement of beneficial ownership of securities2026-10-01SEC
2026-08-214Statement of changes in beneficial ownership of securities2026-08-20SEC
2026-08-078-KCurrent report2026-08-07SEC
2026-08-0710-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-068-KCurrent report2026-08-06SEC
2026-07-244Statement of changes in beneficial ownership of securities2026-07-22SEC
2026-07-064Statement of changes in beneficial ownership of securities2026-07-01SEC
2026-06-23144Filing for proposed sale of securities under Rule 144.SEC
2026-06-184Statement of changes in beneficial ownership of securities2026-06-17SEC
2026-06-18SCHEDULE 13GSEC
2026-06-183Initial statement of beneficial ownership of securities2026-06-12SEC
2026-06-17144Filing for proposed sale of securities under Rule 144.SEC
2026-06-014Statement of changes in beneficial ownership of securities2026-05-29SEC
2026-05-29144Filing for proposed sale of securities under Rule 144.SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-28SEC
2026-05-28S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-11SEC
2026-05-11144Filing for proposed sale of securities under Rule 144.SEC
2026-05-088-KCurrent report2026-05-08SEC
2026-05-0810-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-05-078-KCurrent report2026-05-07SEC
2026-05-058-KCurrent report2026-05-01SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-05-01SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-05-01SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-05-01SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-05-01SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-05004.01M2
2026-040000
2026-030014.10M4
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.13.07%
VANGUARD PORTFOLIO MANAGEMENT LLC8.95%
DIMENSIONAL FUND ADVISORS LP6.52%
VANGUARD CAPITAL MANAGEMENT LLC4.33%
STATE STREET CORP3.58%
FIRST TRUST ADVISORS LP3.43%
AMERICAN CENTURY COMPANIES INC3.17%
AQR CAPITAL MANAGEMENT LLC3.15%
REINHART PARTNERS, LLC.2.70%
ROYCE & ASSOCIATES LP2.46%

Funds

Fund% owned
Nuveen Preferred Securities and Income Fund152.09%
Nuveen Preferred & Income Opportunities Fund44.06%
Thompson Bond Fund27.53%
Nuveen Variable Rate Preferred & Income Fund6.77%
iShares Core S&P Small-Cap ETF5.66%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.02%
Nuveen Preferred and Income ETF2.88%
VANGUARD EQUITY INCOME FUND2.75%
Avantis U.S. Small Cap Value ETF2.60%
U.S. SMALL CAP VALUE PORTFOLIO2.18%

OakChart. AGO. Cached 15 minutes.