NYSE:HG

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

$16.15
+0.04 (+0.25%)
(As of 10:45 AM ET)
Today's Range
$15.95
$16.30
50-Day Range
$12.44
$16.10
52-Week Range
$12.44
$16.58
Volume
39,597 shs
Average Volume
267,156 shs
Market Capitalization
$1.78 billion
P/E Ratio
4.91
Dividend Yield
N/A
Price Target
$19.80

Hamilton Insurance Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
22.5% Upside
$19.80 Price Target
Short Interest
Healthy
1.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.75mentions of Hamilton Insurance Group in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
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.

2.50 out of 5 stars

Finance Sector

1796th out of 2,641 stocks

Fire, Marine, & Casualty Insurance Industry

115th out of 159 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

Hamilton Insurance Group (NYSE:HG) PT Raised to $19.00
Hamilton Insurance Group, Ltd. Class B (HG) Gets a Buy from KBW
Hamilton Reports 2024 First Quarter Results
Hamilton Reports 2023 Fourth Quarter Results
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Today
5/14/2024
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
$19.80
High Stock Price Target
$23.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+23.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$258.73 million
Pretax Margin
25.09%

Debt

Sales & Book Value

Annual Sales
$1.57 billion
Cash Flow
$2.09 per share
Book Value
$18.58 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.77 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?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hamilton Insurance Group in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street 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?

5 brokerages have issued 12-month target prices for Hamilton Insurance Group's shares. Their HG share price targets range from $18.00 to $23.00. On average, they predict the company's share price to reach $19.80 in the next year. This suggests a possible upside of 22.5% 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 the year. Since then, HG shares have increased by 8.1% and is now trading at $16.16.
View the best growth stocks for 2024 here
.

Are investors shorting Hamilton Insurance Group?

Hamilton Insurance Group saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 644,200 shares, an increase of 9.4% from the April 15th total of 589,100 shares. Based on an average daily volume of 324,600 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.4% of the shares of the company 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) issued its quarterly earnings results on Wednesday, March, 6th. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.58. The business earned $495.16 million during the quarter, compared to the consensus estimate of $412.55 million. Hamilton Insurance Group had a net margin of 19.11% and a trailing twelve-month return on equity of 18.53%.

When did Hamilton Insurance Group IPO?

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

When did the company'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 initial public offering on November 10th. The total size of the offering was $225,000,000 based on an initial share price of $15.00. Since the end of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

Who are Hamilton Insurance Group's major shareholders?

Hamilton Insurance Group's stock is owned by many different 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 Swiss National Bank (0.03%). Insiders that own company stock include 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 5/14/2024 by MarketBeat.com Staff

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