Fidelis Insurance Holdings Limited (FIHL) To Go Ex-Dividend on June 15th

Fidelis Insurance Holdings Limited (NYSE:FIHL) declared a quarterly dividend on Thursday, May 7th. Stockholders of record on Monday, June 15th will be given a dividend of 0.15 per share on Friday, June 26th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, June 15th.

Fidelis Insurance has a payout ratio of 16.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Fidelis Insurance to earn $4.15 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 14.5%.

Fidelis Insurance Trading Down 0.3%

NYSE:FIHL opened at $20.95 on Friday. The firm has a market cap of $2.02 billion, a P/E ratio of 9.48 and a beta of 0.36. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.35. The stock’s 50 day simple moving average is $19.68 and its 200-day simple moving average is $19.20. Fidelis Insurance has a 12-month low of $14.80 and a 12-month high of $21.50.

Fidelis Insurance (NYSE:FIHL) last released its earnings results on Thursday, February 26th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.13. The business had revenue of $600.90 million for the quarter, compared to analyst estimates of $756.14 million. Fidelis Insurance had a return on equity of 8.62% and a net margin of 9.02%. Equities analysts anticipate that Fidelis Insurance will post 3.19 EPS for the current year.

Hedge Funds Weigh In On Fidelis Insurance

Several institutional investors have recently added to or reduced their stakes in FIHL. Cooperman Leon G increased its stake in Fidelis Insurance by 14.8% during the third quarter. Cooperman Leon G now owns 6,662,469 shares of the company’s stock worth $120,924,000 after acquiring an additional 856,413 shares during the last quarter. LSV Asset Management lifted its position in Fidelis Insurance by 46.1% during the 4th quarter. LSV Asset Management now owns 4,377,732 shares of the company’s stock worth $85,672,000 after acquiring an additional 1,382,352 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Fidelis Insurance by 1.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,823,089 shares of the company’s stock valued at $53,950,000 after purchasing an additional 35,955 shares during the last quarter. Royce & Associates LP boosted its holdings in Fidelis Insurance by 2,333.5% in the third quarter. Royce & Associates LP now owns 1,591,259 shares of the company’s stock valued at $28,881,000 after purchasing an additional 1,525,868 shares during the last quarter. Finally, Loomis Sayles & Co. L P boosted its holdings in Fidelis Insurance by 2.7% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,288,824 shares of the company’s stock valued at $25,222,000 after purchasing an additional 34,066 shares during the last quarter. 81.99% of the stock is currently owned by institutional investors and hedge funds.

About Fidelis Insurance

Fidelis Insurance Holdings Ltd is a Bermuda‐incorporated specialty insurer and reinsurer that underwrites a broad range of liability and property risks. Founded in 2015, the company completed its initial public offering on the New York Stock Exchange in 2016 under the ticker FIHL. Fidelis focuses on providing tailored solutions for complex risks that traditional insurers may find difficult to accommodate, leveraging data analytics and underwriting expertise to structure policies across diverse industry segments.

The company’s product portfolio spans casualty lines—including general liability, excess and umbrella, professional indemnity, and management liability—alongside property, marine, energy and specialty programs.