AGO · Assured Guaranty Ltd
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 7, 2026TL;DR. AGO reported record per-share valuation metrics and a 22% increase in Q2 adjusted operating income per share, with first-half PVP up 48% year-over-year driven by U.S. public finance and global structured finance, while alternative investments took a $19 million CLO mark-to-market loss.
- + Adjusted operating income per share rose 22% year-over-year in Q2 2026, driven by higher premium income and lower loss expense.
- + Record per-share valuation metrics reached in Q2 2026, with adjusted book value per share at $189.72.
- + Loss expense declined sharply to $4 million in Q2 2026 from $28 million in Q2 2025.
- + Returned $62 million to shareholders in Q2 through $45 million of buybacks and $17 million of dividends.
- − Alternative investments posted a $19 million mark-to-market loss on a CLO equity fund in Q2 2026.
- − Brightline continues to experience liquidity pressure and remains a material credit exposure with risk of further loss development.
- − Equity in earnings of investees swung to a $10 million loss in Q2 2026 from a $2 million gain in Q2 2025 due to CLO losses.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted operating income (loss) non-GAAP | $55M | Second Quarter 2026 filing | — |
| Adjusted operating income (loss) - Corporate Division non-GAAP | -$28M | Second Quarter 2026 filing | — |
| Adjusted operating income (loss) per diluted share non-GAAP | $1.23 | Second Quarter 2026 filing | — |
| Adjusted operating income per diluted share non-GAAP | $1.23 | Second Quarter 2026 filing | — |
| Fixed-maturity securities for Assured Life Re's own account | $22M | Second Quarter 2026 filing | — |
| Funds withheld receivable (MYGA) | $296M | Second Quarter 2026 filing | — |
| Gross par written | $8.35B | Second Quarter 2026 filing | — |
| Gross written premiums (GWP) | $81M | Second Quarter 2026 filing | — |
| MYGA policyholder account value | $256M | Second Quarter 2026 filing | — |
| Penetration of all municipal issuance | 3.3% | second quarter 2026 filing | — |
| Present value of new business production (PVP) non-GAAP | $79M | Second Quarter 2026 filing | +23.4% |
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| Primary par written as a percentage of total U.S. municipal market insured par sold | 51% | second quarter 2026 filing | — |
| PRT reserves | $484M | Second Quarter 2026 filing | — |
| Total Financial Guaranty segment loss expense (benefit) | $5M | Second Quarter 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Insurance - Specialty — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
AGO
this stock
Assured Guaranty Ltd
|
$3.04B | -23.8% | +27.3% | 9.2 | 5.2% |
|
FNF
Fidelity National Financial, Inc.
|
$11.11B | -28.1% | +5.6% | — | 3.9% |
|
AXS
Axis Capital Holdings Ltd
|
$7.02B | -11.4% | +10.2% | 7.1 | 2.7% |
|
FAF
First American Financial Corp
|
$6.77B | +1.7% | +21.6% | 9.2 | 5.9% |
|
ACT
Enact Holdings, Inc.
|
$6.45B | +14.2% | +2.8% | 9.9 | 2.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| AGO | -1.5% | -9.7% | -17.0% | +1.1% | -23.8% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -1.3% | -9.2% | -29.2% | +0.2% | -36.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.