Hamilton Insurance Group Ltd. (NYSE: HG) is 26.49% higher on its value in year-to-date trading and has touched a low of $12.44 and a high of $18.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HG stock was last observed hovering at around $18.17 in the last trading session, with the day’s gains setting it 0.74%.
Currently trading at $18.91, the stock is 12.49% and 14.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 4.07% at the moment leaves the stock 24.30% off its SMA200. HG registered a gain of 28.29% in past 6-months.
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The stock witnessed a 8.00% loss in the last 1 month and extending the period to 3 months gives it a 17.82%, and is 22.24% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.29% over the week and 3.81% over the month.
Hamilton Insurance Group Ltd. (HG) has around 550 employees, a market worth around $2.00B and $1.97B in sales. Current P/E ratio is 4.45 and Fwd P/E is 5.04. Profit margin for the company is 23.34%. Distance from 52-week low is 52.01% and 2.16% from its 52-week high. The company has generated returns on investments over the last 12 months (19.21%).
Hamilton Insurance Group Ltd. quarterly earnings per share for the current quarter are estimated at $0.57 with sales reaching $464.4M over the same period.The EPS is expected to grow by 56.16% this year, but quarterly earnings will post 46.70% year-over-year.
The shares outstanding are 56.04M, and float is at 51.26M with Short Float at 0.63%.
Hamilton Insurance Group Ltd. (HG) Insider Activity
The most recent transaction is an insider purchase by Patterson Alan Neil, the company’s Director. SEC filings show that Patterson Alan Neil bought 21,135 shares of the company’s common stock on May 16 ’24 at a price of $16.66 per share for a total of $0.35 million. Following the purchase, the insider now owns 21135.0 shares.
Hamilton Insurance Group Ltd. disclosed in a document filed with the SEC on May 16 ’24 that Deegan Brian John (Group Chief Accounting Officer) sold a total of 22,000 shares of the company’s common stock. The trade occurred on May 16 ’24 and was made at $16.70 per share for $0.37 million. Following the transaction, the insider now directly holds 18957.0 shares of the HG stock.
Still, SEC filings show that on Dec 11 ’23, Gauthier John J (Director) acquired 10,000 shares at an average price of $15.41 for $0.15 million. The insider now directly holds 10,000 shares of Hamilton Insurance Group Ltd. (HG).
