White Mountains Insurance Group - WTM Stock Forecast, Price & News

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through five segments: HG Global/BAM, Ark, NSM, Kudu, and Other Operations. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services. The Ark segment writes a portfolio of reinsurance and insurance, including property, marine and energy, accident and health, casualty, and specialty products. The NSM segment operates as a managing general agent and program administrator for specialty property and casualty insurance to various sectors comprising specialty transportation, real estate, social services, and pet. The Kudu segment provides capital solutions to boutique asset and wealth managers for generational ownership transfers, management buyouts, acquisitions and growth finances, and legacy partner liquidity, as well as strategic assistance to investees. The Other Operations segment offers insurance solutions to travel industry through broker channel and on a direct-to-consumer basis; and manages separate accounts and pooled investment vehicles for insurance-linked securities sectors, including catastrophe bonds, collateralized reinsurance investments, and industry loss warranties of third-party clients. White Mountains Insurance Group, Ltd. was incorporated in 1980 and is headquartered in Hamilton, Bermuda.

White Mountains Insurance Group Price Performance

WTM Stock traded up $15.58 during mid-day trading on Thursday, hitting $1,262.98. The company had a trading volume of 8,467 shares, compared to its average volume of 15,537. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of -8.15 and a beta of 0.43. White Mountains Insurance Group has a 12-month low of $978.51 and a 12-month high of $1,291.50. The company has a quick ratio of 0.72, a current ratio of 0.69 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average price of $1,244.09 and a 200 day moving average price of $1,142.30.

Analysts Set New Price Targets

WTM has been the topic of several research analyst reports. TheStreet upgraded shares of White Mountains Insurance Group from a "c" rating to a "b-" rating in a research note on Monday, June 6th. StockNews.com cut shares of White Mountains Insurance Group from a "hold" rating to a "sell" rating in a research note on Wednesday.

Insiders Place Their Bets

In other White Mountains Insurance Group news, CAO Michaela Hildreth sold 100 shares of the business's stock in a transaction on Tuesday, May 31st. The shares were sold at an average price of $1,270.94, for a total value of $127,094.00. Following the sale, the chief accounting officer now owns 1,563 shares in the company, valued at approximately $1,986,479.22. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.57% of the company's stock.