Assured Guaranty rallies after beat and buybacks

Assured Guaranty (AGO +6%) has its tail in the air after reporting operating income of $132M or $0.72 per share against estimates for $0.62, and a boost in book value to $34.45 from $33.83. Adjusted book value of $49.79 rose from $49.58.

The company also repurchased 1.4M shares in Q1 at an average price of $25.92 each. Through May 7, the company has repurchased 3M shares at an average price of $25.19. The float is just over 180M shares.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs