Hamilton Insurance Group (HG) Scheduled to Post Earnings on Wednesday

Hamilton Insurance Group (NYSE:HG - Get Free Report) is scheduled to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.74 per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Hamilton Insurance Group (NYSE:HG - Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.29. The company had revenue of $587.94 million for the quarter, compared to the consensus estimate of $502.37 million. Hamilton Insurance Group had a net margin of 21.45% and a return on equity of 21.77%. On average, analysts expect Hamilton Insurance Group to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hamilton Insurance Group Stock Performance

Shares of NYSE HG traded up $0.28 during midday trading on Wednesday, reaching $17.65. The company had a trading volume of 213,650 shares, compared to its average volume of 430,095. Hamilton Insurance Group has a 1 year low of $12.44 and a 1 year high of $20.71. The business's 50-day simple moving average is $18.73 and its 200 day simple moving average is $17.09. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.06. The stock has a market cap of $1.80 billion and a P/E ratio of 4.26.

Wall Street Analysts Forecast Growth

HG has been the subject of a number of research reports. Morgan Stanley cut Hamilton Insurance Group from an "overweight" rating to an "equal weight" rating and set a $19.00 price target for the company. in a research report on Monday, August 19th. JMP Securities increased their price objective on shares of Hamilton Insurance Group from $23.00 to $25.00 and gave the stock a "market outperform" rating in a research note on Thursday, August 8th. Keefe, Bruyette & Woods lifted their price target on Hamilton Insurance Group from $21.00 to $22.00 and gave the company an "outperform" rating in a research report on Wednesday, August 14th. Barclays began coverage on Hamilton Insurance Group in a research report on Wednesday, September 4th. They issued an "overweight" rating and a $26.00 price objective on the stock. Finally, Wells Fargo & Company lifted their target price on shares of Hamilton Insurance Group from $20.00 to $21.00 and gave the company an "overweight" rating in a report on Thursday, October 10th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $21.43.

Hamilton Insurance Group Company Profile

Hamilton Insurance Group, Ltd., through its subsidiaries, provides underwriting specialty insurance and reinsurance risks in Bermuda and internationally. The company operates Hamilton Global Specialty, Hamilton Select, and Hamilton Re underwriting platforms. The company offers casualty reinsurance products, such as commercial motor, general liability, healthcare, multiline, personal motor, professional liability, umbrella and excess casualty, and worker's compensation and employer's liability reinsurance; property reinsurance and insurance; and specialty reinsurance solutions, including accident and health, aviation and space, crisis management, mortgage, financial lines, marine and energy, and multiline specialty.