The Zacks Property and Casualty Insurance industry has performed well so far this year, banking on better pricing, increased exposure, prudent underwriting, streamlined operations, global presence and a solid capital position. The industry has gained 32.1% year to date, outperforming the Finance sector’s rise of 15.1% and the Zacks S&P 500 composite’s increase of 18.4%. The group's Zacks Industry Rank places it in the top 10% of more than 250 Zacks industries and earnings estimates for the current year have ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Arch Capital Group (ACGL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Arch Capital currently has an av ...

Better pricing, prudent underwriting and exposure growth have helped the insurance industry perform well. Redesigning and repricing of products and services to maintain sales and profitability, increased automation, prudent underwriting standards, and an improving rate environment are expected to drive premium growth and boost the industry’s efficiency.Price PerformanceThe insurance industry has outperformed the Zacks S&P 500 composite and the Finance sector in the past year. The insurance industry has rall ...

A month has gone by since the last earnings report for Arch Capital Group (ACGL) . Shares have added about 15.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Arch Capital due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Arch Capital Q2 Earnings Beat, Premiums In ...

Investors in Arch Capital Group Ltd. (ACGL) need to pay close attention to the stock based on moves in the options market lately. That is because the Sept 20, 2024 $60 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

The Zacks Property and Casualty Insurance (P&C) industry is likely to benefit from better pricing, prudent underwriting and exposure growth. Industry players like Arch Capital Group Limited (ACGL) , W.R. Berkley Corporation (WRB) , RLI Corporation (RLI) , Axis Capital Holdings Limited (AXS) and Palomar Holdings (PLMR) are poised to grow despite a rise in catastrophic activities. Given an active catastrophe environment, the policy renewal rate should accelerate. Also, the increasing adoption of technology an ...

Group 1 - Arch Capital Group (ACGL) is currently ranked 2 (Buy) in the Zacks Rank system, indicating strong potential for outperforming the market in the near term [1] - The Zacks Consensus Estimate for ACGL's full-year earnings has increased by 5.2% over the past three months, reflecting improved analyst sentiment [2] - Year-to-date, ACGL has returned 43.4%, significantly outperforming the average return of 14% for Finance companies [2] Group 2 - Arch Capital Group is part of the Insurance - Property and Casualty industry, which is ranked 23 in the Zacks Industry Rank, with a year-to-date gain of 24.6% [3] - In contrast, Enact Holdings, Inc. operates in the Insurance - Multi line industry, currently ranked 53, with a year-to-date increase of 10.8% [3] - Both Arch Capital Group and Enact Holdings, Inc. are expected to maintain solid performance in the Finance sector [3]

Have you been paying attention to shares of Arch Capital Group (ACGL) ? Shares have been on the move with the stock up 8.5% over the past month. The stock hit a new 52-week high of $104.72 in the previous session. Arch Capital Group has gained 40.8% since the start of the year compared to the 14% move for the Zacks Finance sector and the 23.8% return for the Zacks Insurance - Property and Casualty industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it h ...

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?Let's take a look at what these Wall Street heavyweights have to say about Arch Capital Group (ACGL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Arch Capital currently has an average brokerage recom ...