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

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.

Key Stats

• Today's Range: $18.41 to $18.66
• 50-Day Range: $17.04 to $20.35
• 52-Week Range: $12.44 to $20.71
• Volume: 306,078 shs
• Average Volume: 434,017 shs
• Market Capitalization: $1.89 billion
• P/E Ratio: 4.17
• Dividend Yield: N/A
• Price Target: $21.43
• Consensus Rating: Moderate Buy

Hamilton Insurance Group Stock Analysis - MarketRank™

Hamilton Insurance Group scored higher than 33% of companies evaluated by MarketBeat, and ranked 584th out of 930 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: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Hamilton Insurance Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Hamilton Insurance Group has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -6.95%

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 4.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hamilton Insurance Group is 4.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.30.

Price to Book Value per Share Ratio

Hamilton Insurance Group has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.29% 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 1.7, 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 28.31%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

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

Percentage of Shares Shorted

2.29% 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 1.7, 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 28.31%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

Only 1 people have searched for HG on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

MarketBeat Follows

1 people have added Hamilton Insurance Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hamilton Insurance Group insiders have not sold or bought any 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.

HG Stock Analysis - Frequently Asked Questions

How have HG shares performed this year?

Hamilton Insurance Group's stock was trading at $14.95 on January 1st, 2024. Since then, HG shares have increased by 24.5% and is now trading at $18.62.
View the best growth stocks for 2024 here.

How were Hamilton Insurance Group's earnings last quarter?

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

When did Hamilton Insurance Group IPO?

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 a price of $15.00 per share.

Who are Hamilton Insurance Group's major shareholders?

Top institutional shareholders 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.

How do I buy shares of Hamilton Insurance Group?

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.

What other stocks do shareholders of Hamilton Insurance Group own?

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: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Insurance
• Current Symbol: NYSE:HG
• Previous Symbol: NYSE:HG
• CUSIP: N/A
• CIK: 1593275
• Web: www.hamiltongroup.com
• Phone: 441-405-5200
• Fax: N/A
• Employees: 550
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $21.43
• High Stock Price Target: $26.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: +15.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.47
• Trailing P/E Ratio: 4.17
• Forward P/E Ratio: 4.62
• P/E Growth: N/A
• Net Income: $258.73 million
• Net Margins: 21.88%
• Pretax Margin: 28.66%
• Return on Equity: 21.92%
• Return on Assets: 6.70%

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 0.77
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $2.30 billion
• Price / Sales: 0.82
• Cash Flow: $2.14 per share
• Price / Cash Flow: 8.72
• Book Value: $18.58 per share
• Price / Book: 1.00

Miscellaneous

• Outstanding Shares: 101,393,000
• Free Float: 98,655,000
• Market Cap: $1.89 billion
• Optionable: Optionable
• Beta: N/A