Arch Capital Group (ACGLN) Expected to Release Quarterly Earnings on Tuesday

Arch Capital Group (NASDAQ:ACGLN) is expected to be issuing its resultson Tuesday, July 28th. Analysts expect Arch Capital Group to post earnings of $2.46 per share and revenue of $4.3591 billion for the quarter.

Arch Capital Group Trading Up 0.1%

Arch Capital Group stock opened at $16.46 on Tuesday. Arch Capital Group has a one year low of $15.65 and a one year high of $18.34. The stock has a fifty day moving average of $16.31 and a 200 day moving average of $16.92.

Arch Capital Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.2844 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Tuesday, September 15th.

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.