Hamilton Insurance Group (HG) Projected to Post Quarterly Earnings on Wednesday

Hamilton Insurance Group (NYSE:HG) is expected to be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.76 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Hamilton Insurance Group Stock Performance

HG stock opened at $18.55 on Wednesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.77 and a quick ratio of 0.77. The company has a 50 day moving average price of $18.95 and a 200 day moving average price of $18.65. Hamilton Insurance Group has a fifty-two week low of $12.44 and a fifty-two week high of $20.71. The stock has a market capitalization of $1.88 billion, a PE ratio of 4.15 and a beta of 1.02.

Insider Activity

In other news, CAO Brian John Deegan sold 17,500 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $19.18, for a total value of $335,650.00. Following the transaction, the chief accounting officer now owns 20,824 shares of the company’s stock, valued at $399,404.32. This represents a 45.66 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, Barclays cut their price target on Hamilton Insurance Group from $26.00 to $24.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $22.20.

About Hamilton Insurance Group

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.