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NYSE:HG

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

$17.25
-0.13 (-0.75%)
(As of 05/31/2024 ET)
Today's Range
$17.21
$17.62
50-Day Range
$12.44
$17.38
52-Week Range
$12.44
$17.62
Volume
493,656 shs
Average Volume
386,177 shs
Market Capitalization
$1.91 billion
P/E Ratio
5.24
Dividend Yield
N/A
Price Target
$20.00

Hamilton Insurance Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
15.9% Upside
$20.00 Price Target
Short Interest
Healthy
1.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.55mentions of Hamilton Insurance Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth
5.54%
From $3.43 to $3.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.05 out of 5 stars

Finance Sector

497th out of 883 stocks

Fire, Marine, & Casualty Insurance Industry

34th out of 54 stocks

HG stock logo

About Hamilton Insurance Group Stock (NYSE:HG)

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.

HG Stock Price History

HG Stock News Headlines

Reviewing Hamilton Insurance Group (HG) and Its Peers
Hamilton Insurance Group Ltd. Cl B
Hamilton Insurance Group, Ltd. Class B (HG) Gets a Buy from KBW
Hamilton Reports 2024 First Quarter Results
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
6/01/2024
Next Earnings (Estimated)
10/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Fax
N/A
Employees
550
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$23.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+15.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$258.73 million
Pretax Margin
25.09%

Debt

Sales & Book Value

Annual Sales
$1.57 billion
Cash Flow
$2.07 per share
Book Value
$20.40 per share

Miscellaneous

Free Float
108,006,000
Market Cap
$1.91 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Ms. Giuseppina Carmela Albo (Age 62)
    CEO & Director
    Comp: $3.07M
  • Mr. Craig William Howie (Age 60)
    Group CFO & Chief Investment Officer
    Comp: $1.86M
  • Ms. Megan Thomas (Age 51)
    Chief Executive Officer of Hamilton Re, Ltd.
    Comp: $1.21M
  • Mr. Adrian Joseph Daws (Age 43)
    Chief Executive Officer of Hamilton Managing Agency Limited
    Comp: $880.4k
  • Mr. Brian Deegan (Age 47)
    Group Chief Accounting Officer
  • Mr. Venkat Krishnamoorthy (Age 55)
    CTO & Chief Data Officer
  • Mr. Jonathan B. Levenson
    Senior Vice President of Finance & Investor Relations.
  • Ms. Gemma Elizabeth Carreiro (Age 43)
    Group General Counsel & Corporate Secretary
  • Mr. Daniel Fisher (Age 54)
    Group Head of Human Resources, Communications & Culture
  • Mr. Keith Bernhard (Age 52)
    Chief Audit Officer

HG Stock Analysis - Frequently Asked Questions

Should I buy or sell Hamilton Insurance Group stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hamilton Insurance Group in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HG shares.
View HG analyst ratings
or view top-rated stocks.

What is Hamilton Insurance Group's stock price target for 2024?

6 brokerages have issued 12 month price targets for Hamilton Insurance Group's stock. Their HG share price targets range from $18.00 to $23.00. On average, they anticipate the company's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 15.9% from the stock's current price.
View analysts price targets for HG
or view top-rated stocks among Wall Street analysts.

How have HG shares performed in 2024?

Hamilton Insurance Group's stock was trading at $14.95 at the beginning of 2024. Since then, HG stock has increased by 15.4% and is now trading at $17.25.
View the best growth stocks for 2024 here
.

Are investors shorting Hamilton Insurance Group?

Hamilton Insurance Group saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 486,400 shares, a decrease of 24.5% from the April 30th total of 644,200 shares. Based on an average daily trading volume, of 364,300 shares, the short-interest ratio is presently 1.3 days. Approximately 1.0% of the company's stock are sold short.
View Hamilton Insurance Group's Short Interest
.

When is Hamilton Insurance Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 21st 2024.
View our HG earnings forecast
.

How were Hamilton Insurance Group's earnings last quarter?

Hamilton Insurance Group, Ltd. (NYSE:HG) released its quarterly earnings results on Wednesday, May, 8th. The company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.08 by $0.30. The business had revenue of $658.65 million for the quarter, compared to the consensus estimate of $464.96 million. Hamilton Insurance Group had a trailing twelve-month return on equity of 18.53% and a net margin of 19.11%.

When did Hamilton Insurance Group IPO?

Hamilton Insurance Group (HG) raised $225 million in an initial public offering (IPO) on Friday, November 10th 2023. The company issued 15,000,000 shares at $15.00 per share.

When did Hamilton Insurance Group's lock-up period expire?

Hamilton Insurance Group's lock-up period expired on Wednesday, May 8th. Hamilton Insurance Group had issued 15,000,000 shares in its IPO on November 10th. The total size of the offering was $225,000,000 based on an initial share price of $15.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the end of the lock-up period.

Who are Hamilton Insurance Group's major shareholders?

Hamilton Insurance Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Acadian Asset Management LLC (0.25%), Sei Investments Co. (0.19%), Vanguard Group Inc. (0.17%), Capstone Investment Advisors LLC (0.15%), BNP Paribas Financial Markets (0.10%) and Quadrature Capital Ltd (0.03%). Insiders that own company stock include Alan Neil Patterson, Brian John Deegan, Doreen Pauline Elizab Richards, Hamilton Investments, Lp, John J Gauthier, Keith Donald Bernhard and William C Freda.
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.

This page (NYSE:HG) was last updated on 6/1/2024 by MarketBeat.com Staff

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