White Mountains Insurance Group (NYSE:WTM) Releases Earnings Results

White Mountains Insurance Group (NYSE:WTM - Get Free Report) announced its earnings results on Friday. The insurance provider reported $12.44 earnings per share for the quarter, Zacks reports. White Mountains Insurance Group had a net margin of 24.72% and a return on equity of 11.57%.

White Mountains Insurance Group Stock Performance

NYSE:WTM traded down $9.46 during mid-day trading on Tuesday, reaching $1,900.14. The stock had a trading volume of 7,131 shares, compared to its average volume of 14,155. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of 7.52 and a beta of 0.45. White Mountains Insurance Group has a twelve month low of $1,630.00 and a twelve month high of $2,023.00. The business has a 50 day simple moving average of $1,919.04 and a 200 day simple moving average of $1,847.05.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of White Mountains Insurance Group from a "hold" rating to a "sell" rating in a research note on Monday.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.