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

Hamilton Insurance Group (NYSE:HG) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect Hamilton Insurance Group to post earnings of $0.76 per share for the quarter. Persons 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 data 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 had revenue of $495.16 million during the quarter, compared to analyst estimates 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 Trading Up 1.4 %

Hamilton Insurance Group stock opened at $14.29 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.07. Hamilton Insurance Group has a 12-month low of $12.44 and a 12-month high of $16.35. The company has a 50-day simple moving average of $13.67.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HG. Morgan Stanley reduced their price target on Hamilton Insurance Group from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Monday, April 15th. JMP Securities restated a “market outperform” rating and issued a $22.00 price target on shares of Hamilton Insurance Group in a research report on Monday, April 15th. Finally, Wells Fargo & Company upgraded shares of Hamilton Insurance Group from an “equal weight” rating to an “overweight” rating and set a $16.00 price target on the stock in a report on Thursday, April 11th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Hamilton Insurance Group has an average rating of “Buy” and an average target price of $19.00.

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.