Fidelis Insurance (FIHL) to Release Earnings on Tuesday

Fidelis Insurance (NYSE:FIHL) is scheduled to be announcing its earnings results after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.76 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Fidelis Insurance (NYSE:FIHL) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.15). Fidelis Insurance had a return on equity of 15.67% and a net margin of 20.96%. The company had revenue of $547.10 million for the quarter, compared to analysts’ expectations of $582.19 million. On average, analysts expect Fidelis Insurance to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Fidelis Insurance Stock Down 0.2 %

NYSE:FIHL opened at $16.98 on Tuesday. Fidelis Insurance has a 52 week low of $11.55 and a 52 week high of $20.53. The stock’s fifty day moving average is $17.90 and its two-hundred day moving average is $17.53. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 4.45 and a beta of -0.01. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.18.

Fidelis Insurance Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend was Monday, September 16th. Fidelis Insurance’s payout ratio is 10.47%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. JMP Securities restated a “market outperform” rating and set a $24.00 target price on shares of Fidelis Insurance in a research note on Friday, August 16th. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $24.00 price objective on shares of Fidelis Insurance in a report on Friday, August 16th. Barclays started coverage on Fidelis Insurance in a report on Wednesday, September 4th. They issued an “equal weight” rating and a $21.00 target price for the company. The Goldman Sachs Group initiated coverage on Fidelis Insurance in a research note on Tuesday, September 17th. They issued a “neutral” rating and a $18.50 price objective for the company. Finally, Evercore ISI assumed coverage on Fidelis Insurance in a report on Wednesday, July 17th. They issued an “inline” rating and a $19.00 price objective for the company. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Fidelis Insurance currently has an average rating of “Hold” and an average price target of $20.44.

Fidelis Insurance Company Profile

Fidelis Insurance Holdings Limited, a specialty insurer, provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom. It operates in three segments: Specialty, Reinsurance, and Bespoke segments. The Specialty segment offers aviation and aerospace, energy, marine, property direct and facultative, and other specialty risk solutions.