Hamilton Insurance Group, Ltd. Class B (HG) AI Stock Analysis

• Market Cap: $2.53B
• Dividend Yield: N/A
• Average Volume (3M): 392.55K
• Price to Earnings (P/E): 6.0
• Beta (1Y): 0.20
• Revenue Growth: 22.79%
• EPS Growth: -5.17%
• Country: US
• Employees: 600
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Reinsurance
• EPS (TTM): 1.20
• Shares Outstanding: 64,537,770
• 10 Day Avg. Volume: 539,411
• 30 Day Avg. Volume: 392,547
• PEG Ratio: 0.10
• Price to Book (P/B): 0.89
• Price to Sales (P/S): 0.89
• P/FCF Ratio: 2.73
• Enterprise Value/Market Cap: 1.06
• Enterprise Value/Revenue: 0.95
• Enterprise Value/Gross Profit: 2.56
• Enterprise Value/Ebitda: 3.56
• 1Y Price Target: $28.00
• Price Target Upside: 8.78% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): 4.23
• Revenue Forecast (FY): $2.85B

• Rating: 81 Outperform
• Price Target: $30.00 ▲(16.55% Upside)

Hamilton Insurance Group's strong financial performance, undervaluation, and positive earnings call sentiment are the primary drivers of its high score. Technical indicators suggest bullish momentum, though caution is advised due to potential overbought conditions. The company's strategic initiatives and robust growth prospects further enhance its attractiveness.

Positive Factors

Revenue Growth

The significant growth in gross premiums written indicates strong demand and effective market penetration, supporting long-term revenue expansion.

Cash Flow Generation

Robust cash flow growth enhances financial flexibility, enabling strategic investments and shareholder returns, supporting sustainable business operations.

Strategic Leadership

Strengthening leadership through strategic appointments can drive operational efficiency and innovation, enhancing competitive positioning in the market.

Negative Factors

Increased Competition

Rising competition in the property market may pressure margins and limit growth opportunities, challenging the company's market share and profitability.

Higher Expense Ratio

An increasing expense ratio can erode profitability and signal inefficiencies, potentially impacting long-term financial performance if not addressed.

Large Loss Impact

Significant losses from events like the refinery fire can strain financial resources and highlight exposure to risk, affecting future underwriting strategies.

Hamilton Insurance Group, Ltd. Class B Business Overview & Revenue Model

Company Description

Hamilton Insurance Group, Ltd. Class B (HG) is a global insurance and reinsurance company that operates primarily in the property and casualty insurance market. The company focuses on providing innovative risk management solutions and offers a range of products including commercial property, liability, and specialty insurance. With a commitment to leveraging technology and data analytics, Hamilton Insurance Group aims to enhance underwriting capabilities and improve customer experience across its various sectors.

How the Company Makes Money

Hamilton Insurance Group generates revenue primarily through the underwriting of insurance policies and the collection of premiums from policyholders. The company earns income by assessing risk and pricing policies accordingly, allowing them to build a portfolio of insurance products that caters to diverse market needs. Key revenue streams include premiums from commercial property, liability, and specialty insurance lines. Additionally, the company may earn investment income from the premiums collected before claims are paid out, as well as potential returns on investments of its reserves. Strategic partnerships with brokers and other financial institutions enhance distribution channels, contributing to the company's overall earnings by increasing market access and customer reach.

Hamilton Insurance Group, Ltd. Class B Financial Statement Overview

Summary

Hamilton Insurance Group demonstrates solid financial health with strong revenue growth, efficient cost management, and robust cash flow generation. The low leverage and high return on equity further enhance its financial stability. However, slight declines in EBIT and EBITDA margins and increased debt levels should be monitored.

Income Statement

Hamilton Insurance Group shows strong revenue growth with a 27.56% increase in TTM, alongside a solid gross profit margin of 51.8%. The net profit margin is healthy at 15.99%, indicating efficient cost management. However, the EBIT and EBITDA margins have slightly decreased compared to the previous year, suggesting potential cost pressures or increased competition.

Balance Sheet

The company maintains a low debt-to-equity ratio, reflecting prudent financial management and low leverage risk. Return on equity is robust at 17.63%, showcasing effective use of equity to generate profits. The equity ratio indicates a stable financial structure, though the slight increase in total debt warrants monitoring.

Cash Flow

Hamilton Insurance Group's cash flow performance is strong, with a 19.35% growth in free cash flow. The operating cash flow to net income ratio is favorable, indicating good cash generation relative to profits. The free cash flow to net income ratio of 1.0 suggests efficient conversion of profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.80B	2.38B	1.62B	1.29B	1.34B
Gross Profit	1.04B	930.82M	547.29M	203.51M	416.49M
EBITDA	749.09M	660.64M	289.06M	3.90M	291.00M
Net Income	438.41M	400.43M	258.73M	-98.00M	188.18M
Balance Sheet
Total Assets	9.21B	7.80B	6.67B	5.82B	5.61B
Cash, Cash Equivalents and Short-Term Investments	1.42B	1.49B	1.22B	1.08B	1.44B
Total Debt	149.72M	149.94M	149.83M	149.72M	149.88M
Total Liabilities	6.47B	5.47B	4.62B	4.15B	3.82B
Stockholders Equity	2.66B	2.33B	2.05B	1.66B	1.79B
Cash Flow
Free Cash Flow	833.01M	759.30M	283.15M	190.93M	226.53M
Operating Cash Flow	833.01M	759.30M	283.15M	190.93M	226.53M
Investing Cash Flow	-460.26M	-184.16M	-652.09M	133.10M	137.82M
Financing Cash Flow	-359.97M	-362.69M	59.02M	-69.62M	-68.00M

Hamilton Insurance Group, Ltd. Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 25.74
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HG, the sentiment is Positive. The current price of 25.74 is above the 20-day moving average (MA) of 25.14, above the 50-day MA of 24.64, and above the 200-day MA of 21.77, indicating a bullish trend. The MACD of 0.50 indicates Negative momentum. The RSI at 55.76 is Neutral, neither overbought nor oversold. The STOCH value of 36.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HG.

Hamilton Insurance Group, Ltd. Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HG	81 Outperform	$2.53B	5.99	17.62%	―	22.79%	-5.17%
RNR	78 Outperform	$12.12B	7.30	14.98%	0.60%	-3.96%	-48.08%
RGA	76 Outperform	$12.10B	14.23	7.19%	1.95%	2.10%	19.23%
SPNT	75 Outperform	$2.30B	12.59	8.09%	―	7.87%	-4.68%
HCI	73 Outperform	$2.25B	11.09	31.94%	0.80%	8.71%	17.26%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
GLRE	61 Neutral	$439.54M	―	-0.28%	―	5.83%	-101.38%

Hamilton Insurance Group, Ltd. Class B Corporate Events

Hamilton Insurance Group’s Earnings Call Highlights Strong Q3 Performance

Hamilton Insurance Group’s recent earnings call conveyed a generally positive sentiment, underscoring strong financial results and notable premium growth across multiple segments. The company also highlighted successful investment income and strategic leadership appointments. However, challenges such as increased competition in the property market, a higher expense ratio, and a significant large loss were acknowledged.

Hamilton Insurance Group Reports Strong Q3 2025 Results

Hamilton Insurance Group, Ltd., headquartered in Bermuda, operates as a specialty insurance and reinsurance company, offering a diverse range of risk underwriting services globally through its subsidiaries.

Hamilton Insurance Boosts Share Buyback by $150 Million

On November 4, 2025, Hamilton Insurance Group, Ltd. announced that its Board of Directors approved a $150 million increase to its existing share repurchase authorization. This move allows Hamilton to buy back shares through open market transactions or privately negotiated purchases, which could positively impact its market positioning and shareholder value.

The most recent analyst rating on (HG) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Hamilton Insurance Group, Ltd. Class B stock, see the HG Stock Forecast page.

Hamilton Re Amends UBS Reimbursement Agreement

Hamilton Insurance Group, Ltd., through its subsidiary Hamilton Re, Ltd., is involved in the insurance and reinsurance industry, providing financial solutions and support to meet regulatory requirements. On October 20, 2025, Hamilton Re entered into an Amendment and Restatement Agreement with several banks to update its Letter of Credit Facility Agreement, ensuring a $260 million letter of credit to support Lloyd’s Syndicate 4000, expiring in 2029. Additionally, on October 22, 2025, Hamilton Re amended its Reimbursement Agreement with UBS, renewing a letter of credit facility up to $75 million, effective until October 23, 2026, maintaining existing terms.

The most recent analyst rating on (HG) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on Hamilton Insurance Group, Ltd. Class B stock, see the HG Stock Forecast page.