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Fidelis Insurance Holdings Ltd. ( (FIHL) ) has shared an update.
Fidelis Insurance Holdings Ltd. reported its financial results for the first quarter of 2025, ending March 31. The company experienced a 13.8% growth in gross premiums written, totaling $1,722.9 million. However, it faced a net loss of $42.5 million, primarily due to the impact of the California wildfires, which led to a combined ratio of 115.6%. Despite these challenges, Fidelis repurchased $41.5 million of common shares, aiming to enhance shareholder value. The company’s CEO, Dan Burrows, highlighted the strength of their balance sheet and expressed confidence in their ability to capitalize on future underwriting opportunities.
The most recent analyst rating on (FIHL) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Fidelis Insurance Holdings Ltd. stock, see the FIHL Stock Forecast page.
Spark’s Take on FIHL Stock
According to Spark, TipRanks’ AI Analyst, FIHL is a Outperform.
Fidelis Insurance Holdings Ltd. has a solid financial position with strong cash flow and balance sheet metrics. However, challenges in revenue consistency and operational issues reflected in the earnings call limit the score. Technical indicators show moderate momentum, and valuation appears reasonable. While the company is positioned well in terms of capital management and premium growth, significant risk factors like adverse segment developments and natural disasters impact its short-term outlook.
To see Spark’s full report on FIHL stock, click here.
More about Fidelis Insurance Holdings Ltd.
Fidelis Insurance Holdings Ltd. operates in the insurance industry, focusing on providing specialty insurance and reinsurance products. The company is based in Pembroke, Bermuda, and is known for its strategic approach to risk management and capital optimization.
Average Trading Volume: 678,516
Technical Sentiment Signal: Buy
Current Market Cap: $1.93B
See more insights into FIHL stock on TipRanks’ Stock Analysis page.