Arch Capital Group Ltd.’s (ACGL) new business opportunities, rate improvement, growth in existing accounts, favorable estimates and a solid capital position make it worth retaining in one’s portfolio.Growth ProjectionsThe Zacks Consensus Estimate for Arch Capital’s 2024 earnings per share indicates an increase of 1.18% from the year-ago reported number. The consensus estimate for revenues is pegged at $16 billion, implying a year-over-year improvement of 18.5%.The consensus estimate for 2025 earnings per sh ...

Macroeconomic headwinds, which include still-high interest rates, ongoing inflationary pressures, poor economic growth and continuing wars across several parts of the world, are some factors that have been inducing market volatility. Also, potential volatility from natural catastrophe losses, as well as higher reinsurance costs, raises a concern.Despite such negatives, the insurance industry has outperformed the Zacks S&P 500 composite and the Finance sector year to date, riding on its solid fundamentals. T ...

The latest trading session saw Arch Capital Group (ACGL) ending at $102.43, denoting a +0.53% adjustment from its last day's close. This change outpaced the S&P 500's 0.31% loss on the day. Elsewhere, the Dow gained 0.67%, while the tech-heavy Nasdaq lost 1.09%.The property and casualty insurer's shares have seen a decrease of 1.42% over the last month, surpassing the Finance sector's loss of 1.77% and falling behind the S&P 500's gain of 2.73%.The upcoming earnings release of Arch Capital Group will be of ...

Arch Capital Group (ACGL) closed the most recent trading day at $100.80, moving +1.6% from the previous trading session. This change outpaced the S&P 500's 0.25% gain on the day. Elsewhere, the Dow gained 0.15%, while the tech-heavy Nasdaq added 0.03%.Heading into today, shares of the property and casualty insurer had lost 0.96% over the past month, outpacing the Finance sector's loss of 2.3% and lagging the S&P 500's gain of 3.34% in that time.The upcoming earnings release of Arch Capital Group will be of ...

MEMPHIS, Tenn., June 13, 2024 /PRNewswire/ -- Pittco Management, LLC ("Pittco") is pleased to announce its equity investment in Pershing Square through a primary equity sale transaction. Pershing Square Capital Management, L.P. ("PSCM") sold a 10% common equity interest in Pershing Square Holdco, L.P. ("Pershing Square")—a newly formed limited partnership owning 100% of PSCM—to a consortium of strategic investors for $1.045 billion. In addition to Pittco, this consortium includes Arch Capital Group Ltd. (NA ...

Arch Capital Group (ACGL) closed at $99.58 in the latest trading session, marking a -0.99% move from the prior day. This change lagged the S&P 500's daily gain of 0.27%. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq appreciated by 0.88%.The the stock of property and casualty insurer has risen by 2.73% in the past month, leading the Finance sector's loss of 0.29% and undershooting the S&P 500's gain of 2.85%.The upcoming earnings release of Arch Capital Group will be of great inter ...

Arch Capital Group Ltd. (ACGL) , banking on the strength of new business opportunities, rate improvement, growth in existing accounts and a solid capital position, has performed well so far this year and has the potential to retain the momentum ahead.Shares have rallied 35.4% year to date, outperforming the industry’s growth of 15.9%, the Finance sector’s rise of 4% and the Zacks S&P 500 composite’s increase of 12.4%. With a market capitalization of $37.5 billion, the average volume of shares traded in the ...

The latest trading session saw Arch Capital Group (ACGL) ending at $99.68, denoting a -1.17% adjustment from its last day's close. This change lagged the S&P 500's daily gain of 1.19%. On the other hand, the Dow registered a gain of 0.25%, and the technology-centric Nasdaq increased by 1.96%.The property and casualty insurer's stock has climbed by 2.7% in the past month, exceeding the Finance sector's gain of 1.86% and lagging the S&P 500's gain of 3.35%.The investment community will be paying close attenti ...

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It has been about a month since the last earnings report for Arch Capital Group (ACGL) . Shares have added about 9.3% 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 its most recent earnings report in order to get a better handle on the important catalysts. Arch Capital Q1 Earnings Beat on Soli ...