ACGL Stock Recent News
ACGL LATEST HEADLINES
Arch Capital Group (ACGL) closed the most recent trading day at $94.58, moving +0.61% from the previous trading session.
Arch Capital (ACGL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the latest trading session, Arch Capital Group (ACGL) closed at $93.19, marking a -0.12% move from the previous day.
ACGL continues to gain from business opportunities, rate increases, growth in existing accounts and a solid capital position.
Arch Capital's stock has been volatile, impacted by California wildfire losses, but core business performance remains strong with solid premium growth expected in 2025. The company faces headwinds from tax law changes and potential catastrophe losses, but reinsurance rate hikes and higher investment income offer upside. Arch's diverse portfolio, conservative investment strategy, and strategic capital deployment position it well for long-term profitability, despite near-term challenges.
Arch Capital is poised to gain from new business opportunities, increased exposures, a better renewal rate environment and effective capital deployment.
Arch Capital Group Ltd. (NASDAQ:ACGL ) Q4 2024 Earnings Conference Call February 11, 2025 11:00 AM ET Company Participants Nicolas Papadopoulo - Chief Executive Officer Francois Morin - Chief Financial Officer and Treasurer Conference Call Participants Elyse Greenspan - Wells Fargo Michael Zaremski - BMO Capital Markets Jamminder Bhullar - JPMorgan Wes Carmichael - Autonomous David Motemaden - Evercore ISI Andrew Kligerman - TD Cowen Cave Montazeri - Deutsche Bank Alex Scott - Barclays Andrew Andersen - Jefferies Meyer Shields - Keefe, Bruyette & Woods Brian Meredith - UBS Operator Good day, ladies and gentlemen, and welcome to the Q4 2024 Arch Capital Earnings Conference Call.
ACGL's fourth-quarter results reflect higher premiums written across its Insurance, Reinsurance and Mortgage segments and improved net investment income.
While the top- and bottom-line numbers for Arch Capital (ACGL) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Arch Capital Group (ACGL) came out with quarterly earnings of $2.26 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $2.49 per share a year ago.