Fidelis Insurance Holdings Ltd (NYSE: FIHL) is -1.77% lower on its value in year-to-date trading and has touched a low of $14.17 and a high of $21.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FIHL stock was last observed hovering at around $17.57 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $17.81, the stock is 3.75% and 7.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 1.37% at the moment leaves the stock 3.01% off its SMA200. FIHL registered 7.42% gain for a year compared to 6-month loss of -13.25%. The firm has a 50-day simple moving average (SMA 50) of $16.5452 and a 200-day simple moving average (SMA200) of $17.28995.
The stock witnessed a 6.39% gain in the last 1 month and extending the period to 3 months gives it a 17.25%, and is 5.38% 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 0.92% over the week and 1.53% over the month.
Fidelis Insurance Holdings Ltd (FIHL) has around 98 employees, a market worth around $1.94B and $2.56B in sales. Fwd P/E is 4.76. Profit margin for the company is -0.41%. Distance from 52-week low is 25.69% and -16.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.36%).
with sales reaching $604.62M over the same period.The EPS is expected to grow by 86.87% this year, but quarterly earnings will post 12.57% year-over-year. Quarterly sales are estimated to grow 11.95% in year-over-year returns.
214.0 institutions hold shares in Fidelis Insurance Holdings Ltd (FIHL), with institutional investors hold 89.39% of the company’s shares. The shares outstanding are 108.90M, and float is at 53.28M with Short Float at 1.41%. Institutions hold 76.94% of the Float.
The top institutional shareholder in the company is CVC MANAGEMENT HOLDINGS II LTD. with over 15.78 million shares valued at $$257.41 million. The investor’s holdings represent 13.4789 of the FIHL Shares outstanding. As of 2024-06-30, the second largest holder is CRESTVIEW PARTNERS III GP, L.P. with 9.8 million shares valued at $$159.87 million to account for 8.3715 of the shares outstanding. The other top investors are PINE BROOK ROAD ADVISORS, L.P. which holds 7.21 million shares representing 6.1576 and valued at over $$117.59 million, while TRAVELERS COMPANIES, INC. holds 6.1512 of the shares totaling 7.2 million with a market value of $$117.47 million.
Fidelis Insurance Holdings Ltd (FIHL) Insider Activity
Still, SEC filings show that on Aug 28 ’24, Strickle Jonathan (Officer) Proposed Sale 4,580 shares at an average price of $18.65 for $85417.0. The insider now directly holds shares of Fidelis Insurance Holdings Ltd (FIHL).
