FIHL Stock Summary and Trading Ideas (Fidelis Insurance Hldgs | NYSE:FIHL)

Fidelis Insurance Holdings Ltd is a global (re)insurance company. It classify the business into three underwriting segments, namely Bespoke, Specialty and Reinsurance. Specialty primarily comprises property D&F, energy, marine and aviation lines. Bespoke primarily comprises credit and political risk and other tailored solutions for clients including transactional liabilities and credit insurance. Reinsurance primarily comprises property reinsurance.

Fidelis Insurance Hldgs trades on the NYSE stock market under the symbol FIHL.

As of December 13, 2024, FIHL stock price declined to $19.08 with 310,782 million shares trading.

FIHL has a beta of 0.56, meaning it tends to be less sensitive to market movements. FIHL has a correlation of 0.04 to the broad based SPY ETF.

FIHL has a market cap of $2.23 billion. This is considered a Mid Cap stock.

Last quarter Fidelis Insurance Hldgs reported $686 million in Revenue and $.92 earnings per share. This beat revenue expectation by $250 million and exceeded earnings estimates by $.20.

The top ETF exchange traded funds that FIHL belongs to (by Net Assets): IWM, AVUV, IWN, BSVO, VTWO.

FIHL has outperformed the market in the last year with a return of +56.0%, while the SPY ETF gained +29.9%. In the last 3 month period, FIHL beat the market returning +10.2%, while SPY returned +7.8%. However, in the most recent 2 weeks FIHL has underperformed the stock market by returning -7.1%, while SPY returned +0.3%.

FIHL support price is $19.03 and resistance is $19.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FIHL shares will trade within this expected range on the day.