Arch Capital Group (ACGLN) Expected to Announce Earnings on Tuesday

Arch Capital Group (NASDAQ:ACGLN) is expected to release its resultson Tuesday, April 28th. Analysts expect Arch Capital Group to post earnings of $2.46 per share and revenue of $4.5637 billion for the quarter.

Arch Capital Group Stock Up 0.5%

Shares of NASDAQ ACGLN opened at $17.24 on Friday. The firm’s 50-day moving average price is $17.13 and its 200-day moving average price is $17.29. Arch Capital Group has a 52-week low of $16.30 and a 52-week high of $18.34.

Arch Capital Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Sunday, March 15th were given a dividend of $0.2844 per share. The ex-dividend date was Friday, March 13th. This represents a $1.14 dividend on an annualized basis and a yield of 6.6%.

About Arch Capital Group

Arch Capital Group Ltd is a Bermuda-based financial services company that provides insurance, reinsurance and mortgage insurance products through its subsidiaries. The company underwrites a broad array of property and casualty insurance, specialty insurance, and reinsurance business, designing customized solutions for clients across commercial, personal and specialty markets. Arch’s offerings include commercial casualty and property, directors and officers liability, professional liability, surety, and mortgage insurance products.

In its reinsurance segment, Arch writes treaty and facultative business lines, encompassing property catastrophe, casualty and specialty risks.