Latest news with #FIHL
Yahoo
5 days ago
- Business
- Yahoo
Here's What Key Metrics Tell Us About Fidelis Insurance (FIHL) Q2 Earnings
For the quarter ended June 2025, Fidelis Insurance Holdings (FIHL) reported revenue of $582.6 million, up 6.5% over the same period last year. EPS came in at $0.12, compared to $0.54 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $645.23 million, representing a surprise of -9.71%. The company delivered an EPS surprise of +200%, with the consensus EPS estimate being -$0.12. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Fidelis Insurance performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Combined Ratio: 103.7% versus the two-analyst average estimate of 108.9%. Loss Ratio: 55.1% versus 61.8% estimated by two analysts on average. Revenues- Net premiums earned: $538 million versus $597.55 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.4% change. Revenues- Net investment income: $44.6 million compared to the $47.68 million average estimate based on two analysts. The reported number represents a change of -3% year over year. View all Key Company Metrics for Fidelis Insurance here>>> Shares of Fidelis Insurance have returned +7.9% over the past month versus the Zacks S&P 500 composite's +3.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fidelis Insurance Holdings Limited (FIHL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
5 days ago
- Business
- Yahoo
Fidelis Insurance (NYSE:FIHL) Misses Q2 Revenue Estimates
Specialty insurance provider Fidelis Insurance (NYSE:FIHL) fell short of the market's revenue expectations in Q2 CY2025, but sales rose 9.1% year on year to $589.3 million. Its non-GAAP profit of $0.12 per share was significantly above analysts' consensus estimates. Is now the time to buy Fidelis Insurance? Find out in our full research report. Fidelis Insurance (FIHL) Q2 CY2025 Highlights: Net Premiums Earned: $538 million vs analyst estimates of $611.5 million (7.4% year-on-year growth, 12% miss) Revenue: $589.3 million vs analyst estimates of $646.7 million (9.1% year-on-year growth, 8.9% miss) Combined Ratio: 104% vs analyst estimates of 110% (670 basis point beat) Adjusted EPS: $0.12 vs analyst estimates of -$0.33 (significant beat) Book Value per Share: $22.04 vs analyst estimates of $21.68 (1.1% year-on-year growth, 1.7% beat) Market Capitalization: $1.85 billion Dan Burrows, Group Chief Executive Officer of Fidelis Insurance Group, commented: 'We have continued to successfully execute on our strategy of balancing the pursuit of profitable underwriting opportunities with returning meaningful capital to shareholders." Company Overview Founded in Bermuda in 2014 and designed to adapt nimbly to evolving market conditions, Fidelis Insurance (NYSE:FIHL) is a global specialty insurer and reinsurer that provides customized coverage across property, specialty, and bespoke risk solutions. Revenue Growth Insurance companies earn revenue from three primary sources: The core insurance business itself, often called underwriting and represented in the income statement as premiums Income from investing the 'float' (premiums collected upfront not yet paid out as claims) in assets such as fixed-income assets and equities Fees from various sources such as policy administration, annuities, or other value-added services Fidelis Insurance's annualized revenue growth rate of 21.8% over the last two years was incredible for an insurance business. Note: Quarters not shown were determined to be outliers, impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business. This quarter, Fidelis Insurance's revenue grew by 9.1% year on year to $589.3 million, missing Wall Street's estimates. Net premiums earned made up 76.8% of the company's total revenue during the last four years, meaning insurance operations are Fidelis Insurance's largest source of revenue. Note: Quarters not shown were determined to be outliers, impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business. Markets consistently prioritize net premiums earned growth over investment and fee income, recognizing its superior quality as a core indicator of the company's underwriting success and market penetration. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Book Value Per Share (BVPS) Insurance companies are balance sheet businesses, collecting premiums upfront and paying out claims over time. The float–premiums collected but not yet paid out–are invested, creating an asset base supported by a liability structure. Book value per share (BVPS) captures this dynamic by measuring these assets (investment portfolio, cash, reinsurance recoverables) less liabilities (claim reserves, debt, future policy benefits). BVPS is essentially the residual value for shareholders. We therefore consider BVPS very important to track for insurers and a metric that sheds light on business quality because it reflects long-term capital growth and is harder to manipulate than more commonly-used metrics like EPS. Disappointingly for investors, Fidelis Insurance's BVPS grew at a mediocre 11% annual clip over the last two years. Over the next 12 months, Consensus estimates call for Fidelis Insurance's BVPS to grow by 21.4% to $21.68, elite growth rate. Key Takeaways from Fidelis Insurance's Q2 Results It was good to see Fidelis Insurance beat analysts' EPS and combined ratio expectations this quarter. We were also happy its book value per share outperformed Wall Street's estimates. On the other hand, its revenue and net premiums earned fell short. Overall, this print was mixed but still had some key positives. The stock remained flat at $17.51 immediately after reporting. So do we think Fidelis Insurance is an attractive buy at the current price? When making that decision, it's important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it's free.
San Francisco Chronicle
5 days ago
- Business
- San Francisco Chronicle
Fidelis Insurance: Q2 Earnings Snapshot
PEMBROKE, Bermuda (AP) — PEMBROKE, Bermuda (AP) — Fidelis Insurance Holdings Ltd. (FIHL) on Wednesday reported earnings of $19.7 million in its second quarter. The Pembroke, Bermuda-based company said it had net income of 18 cents per share. Earnings, adjusted for non-recurring gains, were 12 cents per share. The insurance and reinsurance company posted revenue of $589.3 million in the period. Its adjusted revenue was $582.6 million. _____
Yahoo
10-08-2025
- Business
- Yahoo
Fidelis Insurance Holdings' (NYSE:FIHL) Shareholders Will Receive A Bigger Dividend Than Last Year
Fidelis Insurance Holdings Limited (NYSE:FIHL) will increase its dividend on the 26th of September to $0.15, which is 50% higher than last year's payment from the same period of $0.10. This makes the dividend yield 2.4%, which is above the industry average. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Fidelis Insurance Holdings' Projections Indicate Future Payments May Be Unsustainable Estimates Indicate Fidelis Insurance Holdings' Could Struggle to Maintain Dividend Payments In The Future Fidelis Insurance Holdings' Future Dividends May Potentially Be At Risk While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Fidelis Insurance Holdings is not generating a profit, but its free cash flows easily cover the dividend, leaving plenty for reinvestment in the business. We generally think that cash flow is more important than accounting measures of profit, so we are fairly comfortable with the dividend at this level. EPS is forecast to rise very quickly over the next 12 months. Assuming the dividend continues along recent trends, we could see the payout ratio reach 222%, which is on the unsustainable side. View our latest analysis for Fidelis Insurance Holdings Fidelis Insurance Holdings Doesn't Have A Long Payment History It's not possible for us to make a backward looking judgement just based on a short payment history. This doesn't mean that the company can't pay a good dividend, but just that we want to wait until it can prove itself. Fidelis Insurance Holdings Could Grow Its Dividend The company's investors will be pleased to have been receiving dividend income for some time. Fidelis Insurance Holdings has impressed us by growing EPS at 8.0% per year over the past five years. Even though the company isn't making a profit, strong earnings growth could turn that around in the near future. As long as the company becomes profitable soon, it is on a trajectory that could see it being a solid dividend payer. In Summary Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. The company is generating plenty of cash, which could maintain the dividend for a while, but the track record hasn't been great. We would probably look elsewhere for an income investment. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. As an example, we've identified 1 warning sign for Fidelis Insurance Holdings that you should be aware of before investing. Is Fidelis Insurance Holdings not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-07-2025
- Business
- Yahoo
Reinsurance Stocks Q1 Recap: Benchmarking Fidelis Insurance (NYSE:FIHL)
Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let's have a look at Fidelis Insurance (NYSE:FIHL) and its peers. This is a cyclical industry, and the sector benefits when there is 'hard market', characterized by strong premium rate increases that outpace loss and cost inflation, resulting in robust underwriting margins. The opposite is true in a 'soft market'. Interest rates also matter, as they determine the yields earned on fixed-income portfolios. The primary headwind remains the immense and concentrated exposure to large-scale catastrophe losses, as the growing impact of climate change challenges traditional risk models and creates significant earnings volatility. Additionally, they face the risk of adverse prior-year reserve development, where claims prove more costly than anticipated, while the eventual influx of new capital from alternative sources threatens to soften the market and compress future returns. The 7 reinsurance stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 4.9%. While some reinsurance stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.2% since the latest earnings results. Fidelis Insurance (NYSE:FIHL) Founded in Bermuda in 2014 and designed to adapt nimbly to evolving market conditions, Fidelis Insurance (NYSE:FIHL) is a global specialty insurer and reinsurer that provides customized coverage across property, specialty, and bespoke risk solutions. Fidelis Insurance reported revenues of $658.4 million, up 26.6% year on year. This print exceeded analysts' expectations by 5.5%. Overall, it was a strong quarter for the company with a narrow beat of analysts' book value per share estimates. Dan Burrows, Group Chief Executive Officer of Fidelis Insurance Group, commented: "During the first quarter, we capitalized on new business opportunities across the portfolio and delivered 14% top-line growth. The strength of our balance sheet also enabled us to repurchase $41.5 million of common shares year-to-date, which at our current valuation, is highly accretive to our book value. Unsurprisingly, the stock is down 6.3% since reporting and currently trades at $15.98. Is now the time to buy Fidelis Insurance? Access our full analysis of the earnings results here, it's free. Best Q1: Hamilton Insurance Group (NYSE:HG) Founded in 2013 and operating through three distinct underwriting platforms across four countries, Hamilton Insurance Group (NYSE:HG) operates global specialty insurance and reinsurance platforms across Lloyd's, Ireland, Bermuda, and the United States. Hamilton Insurance Group reported revenues of $768.8 million, up 16.7% year on year, outperforming analysts' expectations by 28.3%. The business had an exceptional quarter with a solid beat of analysts' EPS and net premiums earned estimates. Hamilton Insurance Group delivered the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 10.1% since reporting. It currently trades at $21.12. Is now the time to buy Hamilton Insurance Group? Access our full analysis of the earnings results here, it's free. Weakest Q1: Everest Group (NYSE:EG) Rebranded from Everest Re in 2023 to reflect its evolution beyond just reinsurance, Everest Group (NYSE:EG) underwrites property and casualty reinsurance and insurance worldwide, serving insurance companies, corporations, and other clients across six continents. Everest Group reported revenues of $4.26 billion, up 3.1% year on year, falling short of analysts' expectations by 4.2%. It was a disappointing quarter as it posted a significant miss of analysts' net premiums earned estimates and a significant miss of analysts' EPS estimates. As expected, the stock is down 3.4% since the results and currently trades at $333.07. Read our full analysis of Everest Group's results here. Arch Capital Group (NASDAQ:ACGL) With roots dating back to 1995 and now operating across insurance markets on six continents, Arch Capital Group (NASDAQ:ACGL) provides specialty insurance, reinsurance, and mortgage insurance services worldwide through its three main business segments. Arch Capital Group reported revenues of $4.67 billion, up 18.6% year on year. This number topped analysts' expectations by 1%. Overall, it was a strong quarter as it also logged a solid beat of analysts' net premiums earned estimates and an impressive beat of analysts' EPS estimates. The stock is down 6.4% since reporting and currently trades at $88.70. Read our full, actionable report on Arch Capital Group here, it's free. Reinsurance Group of America (NYSE:RGA) Operating behind the scenes of the insurance industry since 1973, Reinsurance Group of America (NYSE:RGA) provides life and health reinsurance services to insurance companies, helping them manage risk and meet regulatory requirements. Reinsurance Group of America reported revenues of $5.34 billion, down 17.5% year on year. This print came in 2.9% below analysts' expectations. More broadly, it was a mixed quarter as it also logged a solid beat of analysts' book value per share estimates but a significant miss of analysts' net premiums earned estimates. Reinsurance Group of America had the slowest revenue growth among its peers. The stock is down 2.5% since reporting and currently trades at $194.81. Read our full, actionable report on Reinsurance Group of America here, it's free. Market Update The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. StockStory is growing and hiring equity analyst and marketing roles. 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