
HG Stock Forecast & Price Target
HG Analyst Ratings
Bulls say
Hamilton Insurance Group's positive outlook is supported by a recent rating upgrade to A by AM Best, enhancing its competitive positioning for new business opportunities, particularly in the casualty segment, expected to become more evident in 2025. The company's earnings per share (EPS) estimates for 2024, 2025, and 2026 have been raised to $4.08, $3.70, and $4.25, respectively, largely driven by a significant second-quarter performance and a $150 million buyback program that is anticipated to bolster shareholder value. Additionally, a projected gross premium growth of 25% in 2024, particularly in the Bermuda reinsurance segment, coupled with favorable market conditions for both property and casualty reinsurance, reinforces the potential for strong underwriting margins and above-market investment returns.
Bears say
Hamilton Insurance Group's financial outlook appears negative primarily due to its relatively low return on equity (ROE) in comparison to peers, influenced by conservative leverage ratios that limit growth opportunities. Additionally, the company is facing significant risk factors, including potential challenges from pricing pressure within the (re)insurance market due to increased capital influx, which may impact profitability. Furthermore, a projected combined ratio in the low-90s through 2026 suggests possible operational inefficiencies, raising concerns about the company's ability to maintain competitive margins moving forward.
This aggregate rating is based on analysts' research of Hamilton Insurance Group Ltd and is not a guaranteed prediction by Public.com or investment advice.
HG Analyst Forecast & Price Prediction
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