Fidelis Insurance (FIHL) Expected to Announce Earnings on Wednesday

Fidelis Insurance (NYSE:FIHL) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 14th. Analysts expect the company to announce earnings of ($0.52) per share and revenue of $578.57 million for the quarter.

Fidelis Insurance (NYSE:FIHL) last posted its quarterly earnings data on Tuesday, February 25th. The company reported ($1.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.93 by ($1.98). The company had revenue of $685.90 million for the quarter, compared to analyst estimates of $661.52 million. Fidelis Insurance had a return on equity of 15.27% and a net margin of 20.17%. On average, analysts expect Fidelis Insurance to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Fidelis Insurance Stock Up 1.0%

FIHL opened at $16.98 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.68 and a quick ratio of 0.68. The business has a 50 day simple moving average of $15.86 and a 200-day simple moving average of $17.01. The stock has a market capitalization of $1.90 billion, a P/E ratio of 4.29 and a beta of 0.28. Fidelis Insurance has a 12 month low of $14.17 and a 12 month high of $21.32.

Fidelis Insurance Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Monday, June 16th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $0.40 annualized dividend and a dividend yield of 2.36%. Fidelis Insurance’s dividend payout ratio is currently 42.55%.

Analysts Set New Price Targets

Several research firms have recently commented on FIHL. UBS Group raised their price target on Fidelis Insurance from $23.00 to $25.00 and gave the company a “buy” rating in a report on Friday, March 7th. Barclays reduced their price target on Fidelis Insurance from $18.00 to $16.00 and set an “equal weight” rating for the company in a report on Friday, April 11th. JPMorgan Chase & Co. reduced their price target on Fidelis Insurance from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, April 8th. Finally, Keefe, Bruyette & Woods reduced their price target on Fidelis Insurance from $22.00 to $20.00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Fidelis Insurance currently has an average rating of “Hold” and a consensus price target of $19.71.

Fidelis Insurance Company Profile

Fidelis Insurance Holdings Limited, a specialty insurer, provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom. It operates in three segments: Specialty, Reinsurance, and Bespoke segments. The Specialty segment offers aviation and aerospace, energy, marine, property direct and facultative, and other specialty risk solutions.