Take off with Fidelis Insurance Holdings Ltd (FIHL): Get ready for trading

With 0.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.43 million shares. During the session, the Insurance – Diversified company that operates in wider Financial sector, reached to the highest price of $20.83 whereas the lowest price it dropped to was $20.435. The 52-week range on FIHL shows that it touched its highest point at $21.32 and its lowest point at $11.55 during that stretch. It currently has a 1-year price target of $22.33. With its current market cap of 2.42 billion, FIHL has annualized dividend of $0.30 while the current yield stands at 1.45%. Beta for the stock currently stands at 0.28.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FIHL was up-trending over the past week, with a rise of 3.82%, but this was up by 18.87% over a month. Three-month performance surged to 12.40% while six-month performance rose 26.83%. The stock gained 75.38% in the past year, while it has gained 63.06% so far this year. A look at the trailing 12-month EPS for FIHL yields 3.95 with Next year EPS estimates of 3.68. For the next quarter, that number is 0.81. This implies an EPS growth rate of -14.50% for this year and 23.34% for next year.

Float and Shares Shorts:

At present, 117.91 million FIHL shares are outstanding with a float of 43.94 million shares on hand for trading. On 2024-11-15, short shares totaled 1.74 million, which was 155.99999999999997 higher than short shares on 1728950400. In addition to Mr. Daniel Burrows as the firm’s Group CEO & Executive Director, Mr. Allan Carl Decleir serves as its Group CFO, Bermuda CEO & Executive Director.

Institutional Ownership:

Through their ownership of 0.68313 of FIHL’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FIHL since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FIHL analysts setting a high price target of 26.0 and a low target of 20.0, the average target price over the next 12 months is 22.33333. Based on these targets, FIHL could surge 25.85% to reach the target high and fall by -3.19% to reach the target low. Reaching the average price target will result in a growth of 8.1% from current levels.

Analysts have provided yearly estimates in a range of $3.0645 being high and $2.97446 being low. For FIHL, this leads to a yearly average estimate of $2.98393. The surprise factor in the prior quarter was $0.69. Based on analyst estimates, the high estimate for the next quarter is $1.0 and the low estimate is $0.63. The average estimate for the next quarter is thus $0.87.