Fidelis Insurance (FIHL) to Release Quarterly Earnings on Tuesday

Fidelis Insurance (NYSE:FIHL) is expected to post its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect Fidelis Insurance to post earnings of $0.93 per share and revenue of $661.52 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Fidelis Insurance Stock Down 5.6 %

Shares of NYSE FIHL opened at $14.50 on Friday. Fidelis Insurance has a 52 week low of $13.28 and a 52 week high of $21.32. The business has a 50-day simple moving average of $16.90 and a two-hundred day simple moving average of $17.91. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.17. The company has a market cap of $1.71 billion, a P/E ratio of 3.66 and a beta of 0.48.

Fidelis Insurance Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.76%. Fidelis Insurance’s dividend payout ratio (DPR) is presently 10.10%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. UBS Group dropped their price target on Fidelis Insurance from $25.00 to $23.00 and set a “buy” rating for the company in a research report on Thursday. Barclays dropped their target price on Fidelis Insurance from $20.00 to $18.00 and set an “equal weight” rating for the company in a research report on Thursday. JPMorgan Chase & Co. decreased their price target on Fidelis Insurance from $21.00 to $20.00 and set a “neutral” rating on the stock in a research note on Friday, January 3rd. Keefe, Bruyette & Woods decreased their price target on Fidelis Insurance from $25.00 to $22.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and issued a $16.00 price target (down from $21.00) on shares of Fidelis Insurance in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $20.29.

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.