Shares of Arch Capital have moved -2.7% today, and are now trading at a price of $78.12. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 1,073,880 compared to the stock's average volume of 1,906,904.
Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. Based in Pembroke, Bermuda the company has 5,800 full time employees and a market cap of $29,152,198,656.
The company is now trading -18.38% away from its average analyst target price of $95.71 per share. The 14 analysts following the stock have set target prices ranging from $79.0 to $103.0, and on average give Arch Capital a rating of buy.
Over the last 52 weeks, ACGL stock has risen 33.1%, which amounts to a 16.9% difference compared to the S&P 500. The stock's 52 week high is $90.65 whereas its 52 week low is $59.86 per share. Based on Arch Capital's average net margin growth of 8.9% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2023 | 12,731,808 | 2,971,423 | 23 | 53.33 |
2022 | 9,614,808 | 1,482,423 | 15 | -37.5 |
2021 | 9,249,980 | 2,239,462 | 24 | 41.18 |
2020 | 8,508,509 | 1,465,711 | 17 | -29.17 |
2019 | 6,925,967 | 1,693,300 | 24 | 71.43 |
2018 | 5,450,568 | 757,971 | 14 |