Currently, there are 66.02M common shares owned by the public and among those 57.83M shares have been available to trade.
The company’s stock has a 5-day price change of -2.23% and 16.18% over the past three months. HG shares are trading 8.30% year to date (YTD), with the 12-month market performance up to 23.86% higher. It has a 12-month low price of $15.19 and touched a high of $21.68 over the same period. HG has an average intraday trading volume of 591.62K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.22%, 4.28%, and 8.31% respectively.
Institutional ownership of Hamilton Insurance Group Ltd (NYSE: HG) shares accounts for 51.76% of the company’s 66.02M shares outstanding.
It has a market capitalization of $2.12B and a beta (3y monthly) value of 0.75. The stock’s trailing 12-month PE ratio is 6.47, while the earnings-per-share (ttm) stands at $3.19. The company has a PEG of 0.61 and the debt-to-equity ratio at 0.06. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.16% over the week and 1.84% over the month.
Analysts forecast that Hamilton Insurance Group Ltd (HG) will achieve an EPS of 0.97 for the current quarter, 0.68 for the next quarter and 4.22 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.91 while analysts give the company a high EPS estimate of 0.91. Comparatively, EPS for the current quarter was 1.2 a year ago. Earnings per share for the fiscal year are expected to decrease by -16.20%, and 36.31% over the next financial year.
Looking at the support for the HG, a number of firms have released research notes about the stock. Barclays stated their Overweight rating for the stock in a research note on September 05, 2024, with the firm’s price target at $26. Morgan Stanley coverage for the Hamilton Insurance Group Ltd (HG) stock in a research note released on August 19, 2024 offered a Equal-Weight rating with a price target of $19. Wells Fargo was of a view on April 11, 2024 that the stock is Overweight, while JMP Securities gave the stock Mkt Outperform rating on December 05, 2023, issuing a price target of $21. Citigroup on their part issued Buy rating on December 05, 2023.
