Fidelis Insurance (FIHL) to Release Quarterly Earnings on Tuesday

Fidelis Insurance (NYSE:FIHL) is scheduled to be announcing its earnings results after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.76 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Fidelis Insurance (NYSE:FIHL) last posted its quarterly earnings results on Wednesday, August 14th. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.69 by ($0.15). The firm had revenue of $547.10 million during the quarter, compared to analysts’ expectations of $582.19 million. Fidelis Insurance had a net margin of 20.96% and a return on equity of 15.67%. 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 Price Performance

NYSE:FIHL opened at $18.57 on Friday. Fidelis Insurance has a 52 week low of $11.55 and a 52 week high of $20.53. The stock’s fifty day moving average is $17.88 and its two-hundred day moving average is $17.51. The company has a market capitalization of $2.19 billion, a P/E ratio of 4.86 and a beta of -0.01. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.18.

Fidelis Insurance Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, November 29th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.40 annualized dividend and a dividend yield of 2.15%. Fidelis Insurance’s dividend payout ratio is currently 10.47%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Evercore ISI started coverage on shares of Fidelis Insurance in a report on Wednesday, July 17th. They set an “inline” rating and a $19.00 target price on the stock. JMP Securities reiterated a “market outperform” rating and issued a $24.00 target price on shares of Fidelis Insurance in a report on Friday, August 16th. The Goldman Sachs Group assumed coverage on Fidelis Insurance in a report on Tuesday, September 17th. They set a “neutral” rating and a $18.50 price target on the stock. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $24.00 price objective on shares of Fidelis Insurance in a research report on Friday, August 16th. Finally, Barclays started coverage on shares of Fidelis Insurance in a report on Wednesday, September 4th. They issued an “equal weight” rating and a $21.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $20.44.

About Fidelis Insurance

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.