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Fidelis Insurance Holdings Ltd. (FIHL)
NYSE:FIHL
RESEARCH TOOLSreports
Fidelis Insurance Holdings Ltd. (FIHL) Stock Price & Analysis
20 Followers
FIHL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.55 - $20.53
Previous Close$17.38
Volume286.38K
Average Volume (3M)651.91K
Market Cap
$2.03B
Enterprise Value$2.48B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$448.20M
Price to Earnings (P/E)4.2
Beta0.27
Next Earnings
Aug 14, 2024EPS Estimate
$0.69Last Dividend Ex-Date
Jun 14, 2024Dividend Yield1.14%
Share Statistics
EPS (TTM)4.08
Shares Outstanding117,914,754
10 Day Avg. Volume609,620
30 Day Avg. Volume651,906
Standard Deviation0.13
R-Squared0.00021
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)0.78
Price to Sales (P/S)0.58
Price to Cash Flow (P/CF)2.40
P/FCF Ratio2.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.76
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$20.50Price Target Upside19.26% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Fidelis Insurance Holdings Ltd. News
PremiumCompany Announcements
Fidelis Launches Major Syndicate at Lloyd’s
PremiumCompany Announcements
Fidelis Insurance Completes Secondary Share OfferingPremiumCompany Announcements
Fidelis Insurance Sets Price for Share Offering
PremiumCompany Announcements
Fidelis Announces Secondary Share Offering
Bulls Say, Bears Say
Bulls Say
Business StrategyFIHL has pivoted its mix of business away from reinsurance and towards primary insurance over the last two years where returns are believed to be more durable.
Financial PerformanceFidelis reported operating EPS of $0.74, beating consensus expectations of $0.61, driven by reserve releases in all three segments, most notably in its largest segment, Specialty.
Market OpportunitiesConditions in several of FIHL’s lines such as Marine and Political risk & violence are firm, suggesting ample opportunities for growth at solid margins.
Bears Say
Investment IncomeNet investment income was negatively impacted by $9 million in realized losses, mainly from the sale of $201.2 million in fixed maturity securities with an average yield of 0.9%.
Market ConditionsThere are signs of price increases moderating within both the standard and E&S market, which is expected to pressure return on equity (ROE).
Premium GrowthNet written premium growth of 17.9% significantly missed the consensus estimate of 33.0%, driven by higher ceding premiums across its portfolio.
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Ownership Overview
0.00%
Insiders
4.37% Mutual Funds
51.21% Other Institutional Investors
44.42% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
FIHL FAQ
What was Fidelis Insurance Holdings Ltd.’s price range in the past 12 months?
Fidelis Insurance Holdings Ltd. lowest stock price was $11.55 and its highest was $20.53 in the past 12 months.
What is Fidelis Insurance Holdings Ltd.’s market cap?
Currently, no data Available
When is Fidelis Insurance Holdings Ltd.’s upcoming earnings report date?
Fidelis Insurance Holdings Ltd.’s upcoming earnings report date is Aug 14, 2024 which is in 21 days.
How were Fidelis Insurance Holdings Ltd.’s earnings last quarter?
Fidelis Insurance Holdings Ltd. released its earnings results on May 09, 2024. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.623 by $0.117.
Is Fidelis Insurance Holdings Ltd. overvalued?
According to Wall Street analysts Fidelis Insurance Holdings Ltd.’s price is currently Undervalued.
Does Fidelis Insurance Holdings Ltd. pay dividends?
Fidelis Insurance Holdings Ltd. pays a Notavailable dividend of $0.1 which represents an annual dividend yield of 1.14%. See more information on Fidelis Insurance Holdings Ltd. dividends here
What is Fidelis Insurance Holdings Ltd.’s EPS estimate?
Fidelis Insurance Holdings Ltd.’s EPS estimate is $0.69.
How many shares outstanding does Fidelis Insurance Holdings Ltd. have?
Fidelis Insurance Holdings Ltd. has 116,898,060 shares outstanding.
What happened to Fidelis Insurance Holdings Ltd.’s price movement after its last earnings report?
Fidelis Insurance Holdings Ltd. reported an EPS of $0.74 in its last earnings report, beating expectations of $0.623. Following the earnings report the stock price went down -4.325%.
Which hedge fund is a major shareholder of Fidelis Insurance Holdings Ltd.?
Among the largest hedge funds holding Fidelis Insurance Holdings Ltd.’s share is Gilder Gagnon Howe & Co LLC.. It holds Fidelis Insurance Holdings Ltd.’s shares valued at 4M.
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Fidelis Insurance Holdings Ltd. Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$20.50 (19.26% Upside)
$20.50 (19.26% Upside)
Blogger Sentiment
Bullish
FIHL Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 206.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 5.8%
Last 30 Days ▼ 5.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.89%
12-Months-Change
Fundamentals
Return on Equity
21.76%
Trailing 12-Months
Asset Growth
19.94%
Trailing 12-Months
Company Description
Fidelis Insurance Holdings Ltd.
Fidelis Insurance Holdings Limited is a Bermuda-based reinsurance company. The Company is a global provider of bespoke and specialty insurance and property reinsurance products. The Company focuses its business on three pillars: bespoke, specialty, and reinsurance. The Bespoke pillar focuses primarily on highly tailored and specialized products, including policies covering credit and political risk, political violence, terrorism, limited cyber reinsurance, tax liabilities, title, transactional liabilities, and other bespoke products. The specialty pillar classes include aviation, energy, space, marine, contingency, and property direct and facultative (D&F). Its reinsurance pillar consists of an actively managed, primarily residential property catastrophe reinsurance book. The reinsurance pillar also includes property retrocession and a limited amount of composite and multi-class asset reinsurance.
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FIHL Company Deck
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FIHL Earnings Call
Q1 2024
0:00 / 0:00
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FIHL Stock 12 Month Forecast
Average Price Target
$20.50
▲(19.26% Upside)
Technical Analysis
Best Analysts Covering FIHL
1 Year
1 Year Success Rate
4/4 ratings generated profit
1 Year Average Return
+24.77%
reiterated a buy rating 4 months ago
Copying Meyer Shields's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +24.77% per trade.
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