As of April 25, 2023, at 2:45 PM, Assured Guaranty's 15-minute chart has exhibited a KDJ Golden Cross and Bullish Marubozu pattern, indicating a shift in momentum towards an upward trajectory. This suggests that the stock price has potential for further increase, as buyers are in control of the market. Consequently, it is likely that bullish momentum will persist.
Assured Guaranty Ltd. (NYSE:AGO) has seen a significant increase in its stock price and institutional investor activity, with notable acquisitions and positive technical indicators suggesting further upward potential. As of April 25, 2023, at 2:45 PM, the 15-minute chart exhibited a KDJ Golden Cross and Bullish Marubozu pattern, indicating a shift in momentum towards an upward trajectory [1].
Raymond James Financial Inc. acquired 311,746 shares of Assured Guaranty Ltd. during the fourth quarter, valued at approximately $28,060,000 [1]. This move, along with other institutional investors increasing their stakes, signals a growing confidence in the company's prospects. River Road Asset Management LLC raised its position by 67.4%, Reinhart Partners LLC by 2.9%, Royce & Associates LP by 0.9%, Principal Financial Group Inc. by 0.3%, and American Century Companies Inc. by 12.0% [1].
Assured Guaranty Ltd.'s recent quarterly earnings report showed $1.27 EPS, missing analysts' consensus estimates by $0.07, but the company maintained a net margin of 70.37% and a return on equity of 11.58% [1]. The firm also increased its dividend payout to $0.34 per share, representing a $1.36 annualized dividend and a dividend yield of 1.58% [1].
Analysts have provided mixed ratings for Assured Guaranty Ltd. Keefe Bruyette & Co. has a price target of $92.00 with an Outperform rating, while Compass Point Research & Management has a Buy rating with a target of $65.00 [2]. The company's leadership has also seen updates with Marc Livolsi and Evan Boulukos assuming key roles in public finance and secondary markets [2].
Assured Guaranty Ltd. is expected to report its first quarter 2025 financial results on May 8, 2025, with a conference call scheduled for May 9, 2025 [2]. The company's market capitalization stands at $4.31 billion, with a P/E ratio of 6.70 and a beta of 0.84 [1].
References:
[1] https://www.marketbeat.com/instant-alerts/raymond-james-financial-inc-purchases-new-stake-in-assured-guaranty-ltd-nyseago-2025-04-18/
[2] https://quantisnow.com/company/AGO
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