Fidelis Insurance Holdings Ltd (NYSE: FIHL) is -7.89% 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 $16.22 in the last trading session, with the day’s gains setting it 0.48%.
Currently trading at $16.70, the stock is -2.40% and 0.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.01 million and changing 2.96% at the moment leaves the stock -3.08% off its SMA200. FIHL registered 3.73% gain for a year compared to 6-month loss of -14.45%.
The stock witnessed a -2.74% gain in the last 1 month and extending the period to 3 months gives it a 7.33%, and is -3.24% down 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 2.80% over the week and 1.85% over the month.
Fidelis Insurance Holdings Ltd (FIHL) has around 98 employees, a market worth around $1.82B and $2.56B in sales. Fwd P/E is 4.49. Profit margin for the company is -0.41%. Distance from 52-week low is 17.85% and -21.67% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.36%).
The EPS is expected to grow by 47.76% this year.
Fidelis Insurance Holdings Ltd (FIHL) Top Institutional Holders
The shares outstanding are 108.90M, and float is at 53.28M with Short Float at 1.20%.
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
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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).
