Fidelis Insurance Holdings Limited (FIHL) To Go Ex-Dividend on March 16th

Fidelis Insurance Holdings Limited (NYSE:FIHL) declared a quarterly dividend on Thursday, February 19th. Shareholders of record on Monday, March 16th will be paid a dividend of 0.15 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Monday, March 16th.

Fidelis Insurance has a dividend payout ratio of 16.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Fidelis Insurance to earn $3.81 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 15.7%.

Fidelis Insurance Stock Performance

Shares of NYSE FIHL traded down $0.01 during midday trading on Friday, reaching $18.68. The company had a trading volume of 418,323 shares, compared to its average volume of 495,416. Fidelis Insurance has a 1 year low of $14.56 and a 1 year high of $20.50. The business’s 50-day simple moving average is $19.15 and its 200 day simple moving average is $18.62. 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 has a market cap of $1.81 billion, a P/E ratio of 8.45 and a beta of 0.25.

Fidelis Insurance (NYSE:FIHL) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.13. The firm had revenue of $600.90 million for the quarter, compared to analyst estimates of $756.14 million. Fidelis Insurance had a net margin of 9.02% and a return on equity of 8.62%. On average, analysts forecast that Fidelis Insurance will post 3.12 earnings per share for the current fiscal year.

Fidelis Insurance declared that its Board of Directors has initiated a stock repurchase program on Friday, February 20th that permits the company to repurchase $400.00 million in shares. This repurchase authorization permits the company to repurchase up to 18% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

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.