Hiscox (HSX) Share Price, News & Analysis

Company Overview

Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It offers commercial insurance for small-and medium-sized businesses; and personal lines cover, including high-value household, fine art, and luxury motor, as well as artwork, antiques, classic cars, jewelry, collectables, and other assets through brokers, partners, and direct-to-consumers. The company also provides property insurance; marine, specialty, and energy insurance; space and aviation insurance; casualty insurance; specialty insurance; terrorism, kidnap, and ransom insurance; and other specialty insurance products. In addition, it offers healthcare and casualty reinsurance services, as well as investment services. Hiscox Ltd was founded in 1901 and is headquartered in Pembroke, Bermuda.

Key Stats

• Today's Range: 1,080 to 1,106
• 50-Day Range: 1,014 to 1,150
• 52-Week Range: 998 to 1,282
• Volume: 1.96 million shs
• Average Volume: 1.56 million shs
• Market Capitalization: £3.68 billion
• P/E Ratio: 690.45
• Dividend Yield: 2.77%
• Price Target: GBX 1,248.33
• Consensus Rating: Hold

Hiscox Stock Analysis - MarketRank™

Hiscox scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Hiscox has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hiscox has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hiscox is 690.45, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 120.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hiscox is 690.45, which means that it is trading at a more expensive P/E ratio than the Financial Services sector average P/E ratio of about 435.42.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Hiscox, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Hiscox has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HSX.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Hiscox pays a meaningful dividend of 2.59%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Hiscox does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hiscox is 1,910.83%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for HSX.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.55

News Sentiment

Hiscox has a news sentiment score of 0.55. 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 news sentiment score is similar to the average news sentiment of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Hiscox this week, compared to 1 article on an average week.

Search Interest

1 people have searched for HSX on MarketBeat in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Hiscox insiders have bought more of their company's stock than they have sold. Specifically, they have bought £102,300 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 0.49% of the stock of Hiscox is held by insiders.

Percentage Held by Institutions

68.16% of the stock of Hiscox is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HSX Stock Analysis - Frequently Asked Questions

How have HSX shares performed this year?

Hiscox's stock was trading at GBX 1,054 at the beginning of 2024. Since then, HSX shares have increased by 2.8% and is now trading at GBX 1,084.
View the best growth stocks for 2024 here.

How do I buy shares of Hiscox?

Shares of HSX stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Hiscox own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hiscox investors own include Anglo American (AAL), Hastings Group Holdings plc (HSTG.L) (HSTG), Renishaw (RSW), Spirent Communications (SPT), Rotork (ROR), Rio Tinto Group (RIO) and Anglo American (NGLOY).

Company Calendar

• Ex-Dividend for 9/24 Dividend: 8/15/2024
• Dividend Payable: 9/24/2024
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Insurance - Property & Casualty
• Sub-Industry: N/A
• Current Symbol: LON:HSX
• CUSIP: N/A
• CIK: N/A
• Web: www.hiscox.com
• Phone: +1-441-2788300
• Fax: N/A
• Employees: 3,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 1,248.33
• High Stock Price Target: GBX 1,275
• Low Stock Price Target: GBX 1,200
• Potential Upside/Downside: +15.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 1.57
• Trailing P/E Ratio: 690.45
• Forward P/E Ratio: 7.64
• P/E Growth: -2.3
• Net Income: £720.80 million
• Net Margins: 19.07%
• Pretax Margin: N/A
• Return on Equity: 23.20%
• Return on Assets: 4.09%

Debt

• Debt-to-Equity Ratio: 20.47
• Current Ratio: 9.29
• Quick Ratio: 0.10

Sales & Book Value

• Annual Sales: £3.78 billion
• Price / Sales: 0.97
• Cash Flow: GBX 327.52 per share
• Price / Cash Flow: 3.31
• Book Value: GBX 976 per share
• Price / Book: 1.11

Miscellaneous

• Outstanding Shares: 339,860,000
• Free Float: N/A
• Market Cap: £3.68 billion
• Optionable: Not Optionable
• Beta: 0.65