Hamilton Insurance Group (HG) Set to Announce Quarterly Earnings on Wednesday

Hamilton Insurance Group (NYSE:HG) will be announcing its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.76 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Hamilton Insurance Group (NYSE:HG) last released its quarterly earnings results on Wednesday, March 6th. The company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.58. The company had revenue of $495.16 million for the quarter, compared to the consensus estimate of $412.55 million. On average, analysts expect Hamilton Insurance Group to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hamilton Insurance Group Stock Up 1.4 %

NYSE HG opened at $14.29 on Tuesday. Hamilton Insurance Group has a 52 week low of $12.44 and a 52 week high of $16.35. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a 50-day moving average of $13.67.

Wall Street Analyst Weigh In

A number of research firms have commented on HG. JMP Securities restated a “market outperform” rating and set a $22.00 target price on shares of Hamilton Insurance Group in a research note on Monday, April 15th. Wells Fargo & Company raised shares of Hamilton Insurance Group from an “equal weight” rating to an “overweight” rating and set a $16.00 price objective for the company in a research note on Thursday, April 11th. Finally, Morgan Stanley lowered their target price on shares of Hamilton Insurance Group from $21.00 to $20.00 and set an “overweight” rating on the stock in a research note on Monday, April 15th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $19.00.

Hamilton Insurance Group Company Profile

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.