Entering text into the input field will update the search result below

Assured Guaranty up 4.5% as accretive buybacks continue

May 08, 2015 9:57 AM ETAssured Guaranty Ltd. (AGO) StockAGOBy: Stephen Alpher, SA News Editor
  • Q1 operating income of $140M or $0.89 per share vs. $132M and $0.72 a year ago.
  • Adjusted book value per share of $54.66 up $1 from start of quarter.
  • Share repurchases of 5.9M shares at an average price of $25.87, a total of $152M. Another $400M of buybacks was authorized this week. Repurchases so far in Q2 of 2M shares for $27.36 each, total of $56M.
  • BTIG reiterates its Buy rating and boosts the price target to $41 from $40, the team there noting the aggressive stock buybacks at well below book value while the market frets over exposure to Puerto Rico.
  • AGO +4.5%

Recommended For You

More Trending News

About AGO Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
AGO--
Assured Guaranty Ltd.
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.