Fidelis Insurance (FIHL) Stock Price, News & Analysis

Company Overview

Fidelis Insurance Holdings Limited, together with its subsidiaries, provides insurance and reinsurance products 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. The Reinsurance segment provides property, retrocession, and whole account reinsurance solutions. The Bespoke segment offers customized risk solutions for clients that include credit and political risk, and other risk transfer opportunities, including political violence and terrorism, limited cyber reinsurance, tax liabilities, title, transactional liabilities, and other bespoke solutions. Fidelis Insurance Holdings Limited was incorporated in 2014 and is headquartered in Pembroke, Bermuda.

Key Stats

• Today's Range: $18.21 to $18.65
• 50-Day Range: $16.38 to $18.83
• 52-Week Range: $11.55 to $20.53
• Volume: 350,915 shs
• Average Volume: 604,321 shs
• Market Capitalization: $2.15 billion
• P/E Ratio: 4.42
• Dividend Yield: 2.20%
• Price Target: $19.94
• Consensus Rating: Hold

Fidelis Insurance Stock Analysis - MarketRank™

Fidelis Insurance scored higher than 72% of companies evaluated by MarketBeat, and ranked 415th out of 966 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Fidelis Insurance has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Fidelis Insurance has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 19.05%

Earnings Growth

Earnings for Fidelis Insurance are expected to grow by 19.05% in the coming year, from $2.94 to $3.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Fidelis Insurance is 4.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.28.

Price to Earnings Ratio vs. Sector

The P/E ratio of Fidelis Insurance is 4.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 35.35.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.71% of the float of Fidelis Insurance has been sold short.

Short Interest Ratio / Days to Cover

Fidelis Insurance has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Fidelis Insurance has recently increased by 87.83%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Fidelis Insurance pays a meaningful dividend of 2.21%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Fidelis Insurance is 9.71%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Fidelis Insurance will have a dividend payout ratio of 11.43% next year. This indicates that Fidelis Insurance will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

4.71% of the float of Fidelis Insurance has been sold short.

Short Interest Ratio / Days to Cover

Fidelis Insurance has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Fidelis Insurance has recently increased by 87.83%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.05

News Sentiment

Fidelis Insurance has a news sentiment score of 0.05. 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 lower news sentiment than the 0.65 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Fidelis Insurance this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Fidelis Insurance insiders have not sold or bought any company stock.

Percentage Held by Institutions

81.99% of the stock of Fidelis Insurance is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FIHL Stock Analysis - Frequently Asked Questions

How have FIHL shares performed this year?

Fidelis Insurance's stock was trading at $12.67 at the beginning of the year. Since then, FIHL shares have increased by 43.8% and is now trading at $18.22.
View the best growth stocks for 2024 here.

How were Fidelis Insurance's earnings last quarter?

Fidelis Insurance Holdings Limited (NYSE:FIHL) announced its earnings results on Wednesday, August, 14th. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.69 by $0.15. The business earned $547.10 million during the quarter, compared to analyst estimates of $582.19 million. Fidelis Insurance had a trailing twelve-month return on equity of 15.67% and a net margin of 20.96%.

When did Fidelis Insurance IPO?

Fidelis Insurance (FIHL) raised $210 million in an IPO on Thursday, June 29th 2023. The company issued 15,000,000 shares at a price of $14.00 per share.

Who are Fidelis Insurance's major shareholders?

Fidelis Insurance's top institutional investors include CVC Management Holdings II Ltd. (13.38%), Travelers Companies Inc. (6.11%), American Century Companies Inc. (2.77%) and Federated Hermes Inc. (0.91%).

How do I buy shares of Fidelis Insurance?

Shares of FIHL 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.

Company Calendar

• Last Earnings: 8/14/2024
• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Today: 9/28/2024
• Dividend Payable: 9/30/2024
• Next Earnings (Estimated): 11/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Insurance
• Current Symbol: NYSE:FIHL
• CUSIP: N/A
• CIK: 1636639
• Web: www.fidelisinsurance.com
• Phone: 441-279-2500
• Fax: N/A
• Employees: 77
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $19.94
• High Stock Price Target: $24.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +9.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.12
• Trailing P/E Ratio: 4.42
• Forward P/E Ratio: 6.20
• P/E Growth: N/A
• Net Income: $2.13 billion
• Net Margins: 20.96%
• Pretax Margin: N/A
• Return on Equity: 15.67%
• Return on Assets: 3.43%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 0.65
• Quick Ratio: 0.65

Sales & Book Value

• Annual Sales: $2.15 billion
• Price / Sales: 1.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 117,915,000
• Free Float: N/A
• Market Cap: $2.15 billion
• Optionable: Not Optionable
• Beta: -0.10