Brokerages expect White Mountains Insurance Group Ltd (NYSE:WTM) to announce $2.37 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for White Mountains Insurance Group’s earnings. White Mountains Insurance Group posted earnings of $5.36 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 55.8%. The firm is scheduled to issue its next quarterly earnings results on Wednesday, November 14th.

On average, analysts expect that White Mountains Insurance Group will report full-year earnings of $3.12 per share for the current fiscal year. For the next year, analysts expect that the firm will post earnings of $13.25 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover White Mountains Insurance Group.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Tuesday, August 7th. The insurance provider reported $1.02 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.89. White Mountains Insurance Group had a net margin of 147.61% and a return on equity of 0.59%. The company had revenue of $16.40 million during the quarter.

A number of brokerages have weighed in on WTM. ValuEngine raised shares of White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th. Zacks Investment Research raised shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Monday, July 16th.

Several large investors have recently modified their holdings of the company. Boston Partners grew its position in shares of White Mountains Insurance Group by 1.2% during the 2nd quarter. Boston Partners now owns 160,290 shares of the insurance provider’s stock worth $145,321,000 after buying an additional 1,959 shares during the period. Dimensional Fund Advisors LP grew its position in shares of White Mountains Insurance Group by 25.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 113,510 shares of the insurance provider’s stock worth $102,908,000 after buying an additional 22,927 shares during the period. Victory Capital Management Inc. grew its position in shares of White Mountains Insurance Group by 604.8% during the 2nd quarter. Victory Capital Management Inc. now owns 104,312 shares of the insurance provider’s stock worth $94,571,000 after buying an additional 89,512 shares during the period. Reinhart Partners Inc. grew its position in shares of White Mountains Insurance Group by 1.8% during the 2nd quarter. Reinhart Partners Inc. now owns 41,444 shares of the insurance provider’s stock worth $37,574,000 after buying an additional 731 shares during the period. Finally, Nuance Investments LLC grew its position in shares of White Mountains Insurance Group by 82.9% during the 2nd quarter. Nuance Investments LLC now owns 37,730 shares of the insurance provider’s stock worth $34,206,000 after buying an additional 17,099 shares during the period.

Shares of NYSE WTM opened at $869.60 on Wednesday. White Mountains Insurance Group has a 1-year low of $786.23 and a 1-year high of $980.89. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of -100.88 and a beta of 0.37. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.06.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group Ltd. is an insurance holding company, which engages in the insurance, financial services, and related sectors. It operates through the following segments: HG Global/BAM, MediaAlpha, and Other Operations. The HG Global/BAM segment refers to the White Mountains’s investment in HG Global Limited, and the consolidated results of Build America Mutual Assurance Company (BAM).

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Earnings History and Estimates for White Mountains Insurance Group (NYSE:WTM)

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