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NYSE:HG

Hamilton Insurance Group (HG) Stock Price, News & Analysis

Hamilton Insurance Group logo
$19.17 +0.21 (+1.11%)
(As of 12/20/2024 05:16 PM ET)

About Hamilton Insurance Group Stock (NYSE:HG)

Key Stats

Today's Range
$18.47
$19.34
50-Day Range
$17.04
$19.37
52-Week Range
$12.44
$20.71
Volume
509,054 shs
Average Volume
425,286 shs
Market Capitalization
$1.94 billion
P/E Ratio
4.29
Dividend Yield
N/A
Price Target
$22.60
Consensus Rating
Moderate Buy

Company Overview

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. In addition, it offers accident and health, cyber, energy, environmental, financial lines, fine art and specie, kidnap and ransom, mergers and acquisitions, marine and energy liability, political risk and violence, professional liability, property binders, property direct and facultative, professional lines, space, upstream energy, excess casualty, war and terrorism, allied medical, management liability, medical professionals, general liability, products liability and contractors, and small business casualty insurance plans, as well as surety and treaty reinsurance products. The company was incorporated in 2013 and is headquartered in Pembroke, Bermuda.

Hamilton Insurance Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
40th Percentile Overall Score

HG MarketRank™: 

Hamilton Insurance Group scored higher than 40% of companies evaluated by MarketBeat, and ranked 755th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Hamilton Insurance Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Hamilton Insurance Group has only been the subject of 1 research reports in the past 90 days.

  • Read more about Hamilton Insurance Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Hamilton Insurance Group are expected to decrease by -6.95% in the coming year, from $4.03 to $3.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hamilton Insurance Group is 4.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.43.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hamilton Insurance Group is 4.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.77.

  • Price to Book Value per Share Ratio

    Hamilton Insurance Group has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.27% of the float of Hamilton Insurance Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Hamilton Insurance Group has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hamilton Insurance Group has recently decreased by 3.82%, indicating that investor sentiment is improving.
  • Dividend Yield

    Hamilton Insurance Group does not currently pay a dividend.

  • Dividend Growth

    Hamilton Insurance Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.27% of the float of Hamilton Insurance Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Hamilton Insurance Group has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hamilton Insurance Group has recently decreased by 3.82%, indicating that investor sentiment is improving.
  • News Sentiment

    Hamilton Insurance Group has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Hamilton Insurance Group this week, compared to 3 articles on an average week.
  • Search Interest

    Only 1 people have searched for HG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Hamilton Insurance Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Hamilton Insurance Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $335,650.00 in company stock.

  • Percentage Held by Insiders

    Only 2.70% of the stock of Hamilton Insurance Group is held by insiders.

  • Percentage Held by Institutions

    Only 29.17% of the stock of Hamilton Insurance Group is held by institutions.

  • Read more about Hamilton Insurance Group's insider trading history.
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HG Stock News Headlines

Vladimir Lenin was right…
The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold $3 billion of Amazon… it’s why Nvidia’s CEO just sold $713 million... and it’s why Zuckerberg just sold $1.3 billion in Meta stock. The financial establishment doesn’t want you to know about this… but a controversial new documentary just pulled back the curtain and exposed what’s really going on. It’s called The Final Frontier.
Hamilton Insurance Group Reports Strong Q3 2024 Results
See More Headlines

HG Stock Analysis - Frequently Asked Questions

Hamilton Insurance Group's stock was trading at $14.95 on January 1st, 2024. Since then, HG shares have increased by 28.2% and is now trading at $19.17.
View the best growth stocks for 2024 here
.

Hamilton Insurance Group, Ltd. (NYSE:HG) released its quarterly earnings results on Wednesday, November, 6th. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.05. The company had revenue of $512.84 million for the quarter, compared to the consensus estimate of $515.96 million. Hamilton Insurance Group had a trailing twelve-month return on equity of 21.92% and a net margin of 21.88%.

Hamilton Insurance Group (HG) raised $225 million in an initial public offering on Friday, November 10th 2023. The company issued 15,000,000 shares at $15.00 per share.

Top institutional investors of Hamilton Insurance Group include Wellington Management Group LLP (3.65%), State Street Corp (0.52%), Jacobs Levy Equity Management Inc. (0.48%) and Geode Capital Management LLC (0.47%). Insiders that own company stock include William C Freda, Hamilton Investments, Lp, Doreen Pauline Elizab Richards, Keith Donald Bernhard, Alan Neil Patterson, Brian John Deegan and John J Gauthier.
View institutional ownership trends
.

Shares of HG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Hamilton Insurance Group investors own include JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Tesla (TSLA), Alphabet (GOOG), Netflix (NFLX), Advanced Micro Devices (AMD) and Home Depot (HD).

Company Calendar

Last Earnings
11/06/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Insurance
Fax
N/A
Employees
550
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.60
High Stock Price Target
$26.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+17.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$258.73 million
Pretax Margin
28.66%

Debt

Sales & Book Value

Annual Sales
$2.30 billion
Cash Flow
$2.08 per share
Book Value
$18.58 per share

Miscellaneous

Free Float
98,655,000
Market Cap
$1.94 billion
Optionable
Optionable
Beta
N/A
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This page (NYSE:HG) was last updated on 12/22/2024 by MarketBeat.com Staff
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