Arch Capital Group (ACGLO) Expected to Announce Quarterly Earnings on Tuesday

Arch Capital Group (NASDAQ:ACGLO) will likely be announcing its resultson Tuesday, July 28th. Analysts expect Arch Capital Group to announce earnings of $2.46 per share and revenue of $4.3591 billion for the quarter.

Arch Capital Group Stock Up 0.2%

Shares of Arch Capital Group stock opened at $19.64 on Tuesday. Arch Capital Group has a 12-month low of $18.71 and a 12-month high of $22.20. The company has a 50-day moving average of $19.44 and a two-hundred day moving average of $20.17.

Arch Capital Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.3406 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.9%.

Arch Capital Group Company Profile

Arch Capital Group Ltd, through its operating subsidiaries, is a global provider of insurance, reinsurance, and mortgage insurance products. The company offers property and casualty insurance for commercial and personal lines, including solutions for professional liability, marine, and energy risks. In addition, Arch Capital is active in the mortgage insurance sector, providing primary mortgage guaranty and portfolio reinsurance for residential and commercial mortgages. It also participates in specialty programs, such as political violence, aviation, and cyber coverage.

Founded in 2001 and headquartered in Pembroke, Bermuda, Arch Capital Group has established a presence across North America, Europe, and the Asia-Pacific region.