When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Arch Capital (ACGL) continues to gain from business opportunities, rate increases, growth in existing accounts and a solid capital position.
We have narrowed our search to five P&C insurers with strong potential for the rest of 2024. These are: ACGL, ALL, PGR, RLI, ROOT.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Arch Capital (ACGL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Arch Capital Group (ACGL) and Enact Holdings, Inc. (ACT) have performed compared to their sector so far this year.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Arch Capital's (ACGL) Q2 results reflect improved underwriting income across all the segments, new business opportunities, growth in all lines of business and higher invested assets.
The headline numbers for Arch Capital (ACGL) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Arch Capital Group (ACGL) came out with quarterly earnings of $2.57 per share, beating the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $1.92 per share a year ago.
Better pricing, exposure growth, accelerated digitalization and sturdy capital are expected to help ACGL, ALL, PRU and RGA outperform second-quarter earnings estimates.
Evaluate the expected performance of Arch Capital (ACGL) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.