Fidelis Insurance Holdings Ltd. (FIHL) AI Stock Analysis

• Market Cap: $1.90B
• Dividend Yield: 2.48%
• Average Volume (3M): 463.37K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: 20.42%
• EPS Growth: -110.82%
• Country: US
• Employees: 98
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Diversified
• EPS (TTM): 0.12
• Shares Outstanding: 104,861,824
• 10 Day Avg. Volume: 380,626
• 30 Day Avg. Volume: 463,366
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.40
• Enterprise Value/Revenue: 1.02
• Enterprise Value/Gross Profit: 1.28
• Enterprise Value/Ebitda: -175.63
• 1Y Price Target: $21.00
• Price Target Upside: 15.96% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 66 Neutral
• Price Target: $18.50 ▲(2.15% Upside)

Fidelis Insurance Holdings Ltd. demonstrates strong financial health with robust cash flow and a solid balance sheet, which are the most significant factors in its score. Technical analysis shows moderate bullish momentum, but valuation concerns due to a negative P/E ratio weigh on the score. The earnings call provided a mixed outlook, with growth in premiums but challenges in certain segments.

Positive Factors

Cash Flow Management

Strong cash flow management indicates effective capital allocation and liquidity, enabling the company to invest in growth opportunities and weather economic fluctuations.

Premium Growth

Consistent premium growth reflects effective market penetration and customer retention, supporting long-term revenue expansion and competitive positioning.

Capital Management

Strategic capital management initiatives enhance shareholder value and demonstrate confidence in the company's financial stability and future prospects.

Negative Factors

Combined Ratio Challenges

A high combined ratio indicates underwriting losses, which can strain profitability and necessitate strategic adjustments to improve operational efficiency.

Aviation Sector Challenges

Challenges in the aviation sector may lead to revenue volatility and necessitate strategic shifts to mitigate risks and align pricing with loss experience.

Adverse Development in Insurance Segment

Adverse developments can impact financial performance and require adjustments in risk management practices to prevent future liabilities.

Fidelis Insurance Holdings Ltd. Business Overview & Revenue Model

Company Description

Fidelis Insurance Holdings Ltd. (FIHL) is a prominent insurance and reinsurance company headquartered in Hamilton, Bermuda. The company specializes in providing innovative insurance solutions across various sectors, including property, casualty, and specialty lines. FIHL focuses on delivering tailored coverage and risk management services to clients globally, leveraging its expertise in underwriting and loss prevention.

How the Company Makes Money

Fidelis Insurance Holdings Ltd. generates revenue primarily through the underwriting of insurance and reinsurance policies. The company earns premiums from policyholders, which serve as a key revenue stream. Additionally, FIHL invests the premiums it collects in a diversified portfolio, generating investment income. The company may also engage in strategic partnerships with brokers and other insurance firms to expand its market reach and enhance its product offerings, contributing to its overall earnings. Factors such as effective risk management, claims handling efficiency, and market positioning play significant roles in its profitability.

Fidelis Insurance Holdings Ltd. Financial Statement Overview

Summary

Fidelis Insurance Holdings Ltd. shows a robust financial foundation with strong cash flow management and low financial leverage. Despite revenue fluctuations and operational challenges, the company's balance sheet remains solid, and cash flow metrics are particularly strong, providing ample liquidity.

Income Statement

Fidelis Insurance Holdings Ltd. has experienced volatility in its revenue and net income over the years. The latest annual revenue shows a decline from the previous year, but the company managed to maintain profitability with a net income margin of approximately 4.68% in the latest year. Despite this, the absence of EBIT in the most recent year suggests operational challenges. The company's EBITDA margin stands at 6.45%, indicating moderate operational efficiency.

Balance Sheet

The company maintains a strong equity position with an equity ratio of approximately 20.81%, showcasing a stable financial foundation. The debt-to-equity ratio is low at 0.18, indicating prudent financial leverage and a conservative capital structure. However, a reduction in total assets compared to the previous year highlights the need for careful asset management.

Cash Flow

Fidelis Insurance Holdings Ltd. demonstrates robust cash flow management with a significant operating cash flow to net income ratio of 5.45, reflecting strong cash generation capabilities relative to earnings. The free cash flow has shown substantial growth, indicating effective capital expenditure management and liquidity position. The free cash flow to net income ratio is a healthy 5.41, further supporting the company's strong cash flow stance.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.60B	2.42B	3.59B	1.52B	1.19B	782.60M
Gross Profit	2.08B	266.10M	3.60B	1.52B	1.19B	782.60M
EBITDA	-15.10M	156.20M	2.08B	119.50M	118.60M	154.00M
Net Income	-44.40M	113.30M	2.13B	52.60M	68.30M	126.50M
Balance Sheet
Total Assets	12.99B	11.77B	7.68B	8.31B	7.05B	5.32B
Cash, Cash Equivalents and Short-Term Investments	3.81B	1.11B	1.32B	3.30B	2.83B	2.52B
Total Debt	842.60M	448.90M	514.60M	476.00M	478.30M	456.50M
Total Liabilities	10.67B	9.32B	5.23B	6.33B	5.03B	3.34B
Stockholders Equity	2.32B	2.45B	2.45B	1.98B	2.01B	1.98B
Cash Flow
Free Cash Flow	-350.10M	613.60M	488.80M	722.60M	338.70M	314.10M
Operating Cash Flow	-347.30M	618.20M	495.20M	741.40M	345.80M	316.10M
Investing Cash Flow	474.00M	-475.80M	-834.90M	215.90M	-1.09B	-481.30M
Financing Cash Flow	110.10M	-153.90M	-106.90M	-16.20M	-18.20M	948.00M

Fidelis Insurance Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FIHL, the sentiment is Positive. The current price of 18.11 is below the 20-day moving average (MA) of 18.12, above the 50-day MA of 17.58, and above the 200-day MA of 16.35, indicating a neutral trend. The MACD of 0.19 indicates Positive momentum. The RSI at 52.69 is Neutral, neither overbought nor oversold. The STOCH value of 36.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FIHL.

Fidelis Insurance Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IGIC	79 Outperform	$985.99M	8.13	20.11%	4.50%	9.52%	―
ACGL	78 Outperform	$32.73B	9.08	17.09%	―	23.79%	-32.09%
ORI	76 Outperform	$10.38B	11.83	14.63%	7.47%	14.20%	50.32%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AIG	67 Neutral	$43.04B	14.40	7.61%	2.15%	-33.87%	-5.72%
FIHL	66 Neutral	$1.90B	―	-1.83%	2.48%	20.42%	-110.82%
GSHD	62 Neutral	$2.56B	60.05	―	―	23.49%	60.38%

Fidelis Insurance Holdings Ltd. Corporate Events

Fidelis Insurance Reports Q2 2025 Results Amid Strategic Growth

On August 13, 2025, Fidelis Insurance Holdings Limited announced its financial results for the second quarter ending June 30, 2025. The company reported gross premiums written of $1.2 billion and a net income of $19.7 million for the quarter. Despite facing challenges such as adverse developments from the Russia-Ukraine aviation litigation and California wildfires, Fidelis managed to return significant capital to shareholders, including $99.6 million in the second quarter alone. The company also highlighted its strategic focus on profitable underwriting and capital management, which includes a $200 million renewal of its share repurchase program and an increase in its quarterly dividend.

Fidelis Insurance Expands Capital Management with Dividend Increase and Share Repurchase

On August 6, 2025, Fidelis Insurance Holdings Limited announced significant expansions in its capital management initiatives. The board approved an increase in the quarterly dividend to $0.15 per share and renewed the share repurchase program with an authorization of up to $200 million. This move follows the return of $132.8 million to shareholders in the first half of 2025. CEO Dan Burrows emphasized the company’s strategic focus on maximizing shareholder value and capitalizing on the stock’s discount to net book value. The initiatives reflect Fidelis’s strong capital position and commitment to pursuing attractive underwriting opportunities.

Fidelis Insurance Announces Board Change with Charles Mathias Nomination

On August 5, 2025, Fidelis Insurance Holdings Ltd. announced a change in its board of directors. Hinal Patel, a current director, resigned effective the same day, with Charles Mathias nominated to replace him. Mathias, who has held various leadership roles within the company and the broader insurance industry, is expected to join the board pending approval. This transition reflects the company’s ongoing strategic adjustments and could influence its governance and operational strategies.