Arch Capital (ACGL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Arch Capital (ACGL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Arch Capital Group is a large-cap, diversified insurance firm that has consistently grown book value and subsequent market price over the past decade. The management team at ACGL is highly experienced, now led by its long-term chief underwriter. Factors currently suppressing ACGL's market price are likely temporary headwinds.
In the most recent trading session, Arch Capital Group (ACGL) closed at $96.14, indicating a -0.04% shift from the previous trading day.
Arch Capital Group (ACGL) reachead $95.93 at the closing of the latest trading day, reflecting a +1.43% change compared to its last close.
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.