Fidelis Insurance (NYSE:FIHL - Get Free Report) will issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.76 per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.
Fidelis Insurance (NYSE:FIHL - Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $0.69 by ($0.15). The company had revenue of $547.10 million for the quarter, compared to analyst estimates of $582.19 million. Fidelis Insurance had a return on equity of 15.67% and a net margin of 20.96%. On average, analysts expect Fidelis Insurance to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Fidelis Insurance Stock Performance
Shares of Fidelis Insurance stock traded up $0.68 during trading on Tuesday, reaching $17.67. The company's stock had a trading volume of 299,716 shares, compared to its average volume of 567,645. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.18. The firm has a market cap of $2.08 billion, a PE ratio of 4.45 and a beta of -0.01. The company has a 50-day moving average price of $17.90 and a two-hundred day moving average price of $17.53. Fidelis Insurance has a fifty-two week low of $11.55 and a fifty-two week high of $20.53.
Fidelis Insurance Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, November 29th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.40 annualized dividend and a dividend yield of 2.26%. Fidelis Insurance's dividend payout ratio is presently 10.47%.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on FIHL. Evercore ISI began coverage on shares of Fidelis Insurance in a research note on Wednesday, July 17th. They set an "inline" rating and a $19.00 price objective for the company. JMP Securities reissued a "market outperform" rating and set a $24.00 price target on shares of Fidelis Insurance in a report on Friday, August 16th. Keefe, Bruyette & Woods restated an "outperform" rating and set a $24.00 price objective on shares of Fidelis Insurance in a research report on Friday, August 16th. JPMorgan Chase & Co. lifted their price target on Fidelis Insurance from $18.50 to $20.00 and gave the stock a "neutral" rating in a research report on Thursday, July 11th. Finally, Barclays began coverage on Fidelis Insurance in a research note on Wednesday, September 4th. They issued an "equal weight" rating and a $21.00 price target on the stock. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $20.44.
View Our Latest Stock Report on FIHL
About Fidelis Insurance
(
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Fidelis Insurance Holdings Limited, a specialty insurer, provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom. It operates in three segments: Specialty, Reinsurance, and Bespoke segments. The Specialty segment offers aviation and aerospace, energy, marine, property direct and facultative, and other specialty risk solutions.
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