Hamilton Insurance Group, Ltd. (HG) Stock Price & Analysis
Hamilton Insurance Group, Ltd. (HG) closed at USD 37.11 on Thursday, October 22, 2026, up 1.62% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 36.52; the Oct 22, 2026 session ranged USD 36.46–37.16 on volume of 548,524 shares. Market capitalization is $3.66B, with a 52-week range of USD 22.66–37.31 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:01 UTC.
Also available as compact Markdown for AI agents: nexqual.com/HG.md
Key facts (HG)
- Last four reported quarters (through Jun 30, 2026): revenue $2.99B, net income $863M (28.8% margin) (SEC filings).
- Valuation: P/E 4.2x (avg 4.2x at the last 3 fiscal year-ends), net cash $568M.
- Insider open-market sales, last ~7 months: 7 Form 4 filings, $6.0M; 7 not under a Rule 10b5-1 plan ($6.0M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $3K; 0 by opportunistic insiders, 0 by routine insiders.
- Total return with dividends: 1Y +60.8% vs S&P 500 +14.9%; 5Y +164.7% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 0.91, revenue estimate $0K.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HG)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.33B | $1.23B | $1.57B | $2.33B | $2.91B | $2.99B |
| Net income | $250M | -$29.9M | $280M | $613M | $840M | $863M |
| EPS (diluted) | $1.82 | -$0.95 | $2.44 | $3.67 | $5.55 | — |
| Net margin | 18.7% | -2.4% | 17.8% | 26.3% | 28.9% | 28.8% |
| Revenue growth | — | — | +27.4% | +48.3% | +24.7% | — |
| Cash + short-term investments | $955M | $1.08B | $795M | $996M | $1.06B | — |
| Total debt | — | $150M | $150M | $150M | $150M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (HG)
P/E 4.2x · P/S 1.2x · EV/Sales 1.0x · P/B 1.3x · Earnings yield 23.58% · Buyback yield (TTM) 3.17% · Net cash $568M · EV $3.09B
P/E at fiscal year-ends: Dec 2025 3.4x, Dec 2024 3.4x, Dec 2023 5.7x.
Insider sales (SEC Form 4, open-market, last ~7 months) (HG)
0 of 7 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-10…2026-09-11 | Duffin Timothy James | Chief Underwriting Officer | 57,000 | $2.0M | 22.6% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-03 | Brown David A | Director | 50,000 | $1.8M | 8.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-18 | Brown David A | Director | 37,300 | $1.2M | 6.2% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-15 | Brown David A | Director | 12,700 | $404K | 2.1% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-13 | Levenson Jonathan B. | Group Treasurer | 6,075 | $186K | 13.3% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-08 | Levenson Jonathan B. | Group Treasurer | 3,030 | $93K | 6.2% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-05 | Deegan Brian John | Group Chief Accounting Officer | 11,000 | $338K | 13.4% | No | Too little history (no open-market trades in 2023 or 2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (HG)
1 purchase, $3K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-04-08 | Cooper Bradley E | Director | 99 | $3K | 31.01 | Too little history (no open-market trades in 2023–2025) |
Analysts (HG)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-12 | Wells Fargo | Target lowered | Overweight | $41 → $40 |
| 2026-10-06 | Morgan Stanley | Target lowered | Equal-Weight | $37 → $35 |
| 2026-08-19 | Morgan Stanley | Target raised | Equal-Weight | $34 → $37 |
| 2026-08-12 | Keefe, Bruyette & Woods | Target raised | Outperform | $39 → $40 |
| 2026-08-07 | Citizens | Target raised | Market Outperform | $40 → $42 |
| 2026-07-10 | Citizens | Target raised | Market Outperform | $38 → $40 |
| 2026-07-09 | Wells Fargo | Target raised | Overweight | $37 → $39 |
| 2026-07-08 | Keefe, Bruyette & Woods | Target raised | Outperform | $34 → $39 |
| 2026-07-07 | Barclays | Target raised | Overweight | $37 → $39 |
| 2026-07-06 | Morgan Stanley | Target raised | Equal-Weight | $33 → $34 |
Total return (dividends reinvested) (HG)
| 1Y (from 2025-10-23) | 5Y (from 2023-11-06) | |
|---|---|---|
| Total return | +60.8% | +164.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +61.0% | +38.9% |
| Volatility (annualized) | 26.2% | 29.2% |
| Max drawdown | -12.7% (Apr 2026→Jun 2026) | -18.2% (Mar 2025→Apr 2025) |
HG suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | TS Hamilton Fund | “Additionally, we are contractually required to maintain an investment in the TS Hamilton Fund pursuant to the Commitment Agreement with Two Sigma, which represents a material portion of our investment portfolio, and which Commitment Agreement remains in effect in accordance with its terms even if the TS Hamilton Fund incurs substantial losses or otherwise does not meet our investment objectives.” |
| Partner | Hamilton Re | “The tax partnership is treated as a U.S. corporation for U.S. tax purposes and is registered with the U.S. Internal Revenue Service, such that underwriting and investment income derived from capital allocated to Hamilton Re US are subject to U.S. taxation.” |
Quoted from the company's 10-K filed Feb 25, 2026.
HG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.91 | $0.75 | +20.9% | $0 | 7 |
| Next quarter (ends Dec 2026) | $1.01 | $1.01 | -0.3% | $0 | 6 |
| Current fiscal year (ends Dec 2026) | $5.09 | $4.62 | +10.3% | $3.03B | 7 |
| Next fiscal year (ends Dec 2027) | $4.78 | $4.66 | +2.5% | $3.10B | 7 |
Key Statistics (as of October 23, 2026 at 10:01 UTC)
| Price | USD 37.11 |
|---|---|
| Change | ▲ 1.62% (up) |
| Previous Close | USD 36.52 |
| Open | USD 36.76 |
| Day Range | USD 36.46 – 37.16 |
| 52-Week Range | USD 22.66 – 37.31 |
| Volume | 548,524 shares |
| Market Cap | $3.66B |
| Exchange | NYQ |
Technical Analysis (HG)
Nexqual's technical model rates HG "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 10:01 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 70.7 (overbought) |
| vs SMA50 | Above (USD 34.88) |
| MACD | 0.57 (positive) |
Earnings (HG)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 0.91 |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.56 vs est 1.21 ▲ beat |
| 2026-03-31 | USD 1.64 vs est 1.13 ▲ beat |
| 2025-12-31 | USD 1.65 vs est 1.05 ▲ beat |
| 2025-09-30 | USD 1.2 vs est 0.67 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Financials & Fundamentals (HG)
| Total Revenue | $2.99B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +13.00% |
| Gross Margin | +38.59% |
| Operating Margin | +31.42% |
| Profit Margin | +19.58% |
| ROE | +31.08% |
| Debt / Equity | 0.05 |
| Current Ratio | 1.98 |
| Total Cash | $1.07B |
| Total Debt | $149.80M |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Ownership (HG)
| Insider Ownership | +4.78% |
|---|---|
| Institutional Ownership | +85.32% |
| Shares Outstanding | 65.89M |
| Float | 47.45M |
| Short % of Float | +2.23% |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Leadership (HG)
Hamilton Insurance Group, Ltd. is led by Giuseppina Carmela Albo, CEO & Director, per Nexqual as of October 23, 2026 at 10:01 UTC.
| CEO & Director | Giuseppina Carmela Albo |
|---|---|
| Group CFO & Chief Investment Officer | Craig William Howie |
Major Backers & Investors (HG)
Notable institutional backers of Hamilton Insurance Group, Ltd. include Magnitude Capital, LLC , Wellington Management, Morgan Stanley, according to Nexqual as of October 23, 2026 at 10:01 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Magnitude Capital, LLC | 22.91% |
| Wellington Management | 8.77% |
| Morgan Stanley | 3.15% |
| College Retirement Equities Fd.-College Retirement Equities Fd. - Tota | 2.46% |
| Arrowstreet Capital, Limited Partnership | 2.27% |
| Goldman Sachs | 2.12% |
| Federated Hermes, Inc. | 1.61% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 4.73% |
| Nuveen | 3.6% |
| Dimensional Fund Advisors | 2.69% |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
From Hamilton Insurance Group, Ltd.'s Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- At the center of this technology is the Hamilton Analytics and Risk Platform ("HARP"), our proprietary catastrophe modeling, pricing, and portfolio analytics engine.
- Complementing HARP is Timeflow, our proprietary API‑enabled ("application programming interface") global underwriting submission and triage system.
- Our technology strategy integrates market‑leading commercial platforms with proprietary systems, enabling each business segment to operate efficiently while benefiting from shared services, consistent integration patterns, and centralized capabilities such as an enterprise data architecture, analytics, cybersecurity and operational resilience.
- Our proprietary technology has supported Hamilton's Strategic Transformation, facilitating growth, strengthening underwriting excellence, and enabling the execution of our multi‑year strategy.
Partnerships
- Our total cash and invested assets of $6.2 billion includes $3.4 billion of securities in our fixed maturity trading portfolio and short-term investments, altogether consisting of 55% of our total cash and invested assets, with an average credit rating of Aa3 and 100% of which are investment grade.
- We continuously review our portfolio to optimize underwriting returns and opportunities and drive additional benefits by regular collaboration with our Group Underwriting Committee ("GUC") and, effective January 1, 2026, oversight by our new Group Chief Underwriting Officer ("CUO").
Legal & Regulatory Risks (Item 1A, quoted)
- Compliance with existing regulations and potential changes in the regulatory landscape may have a material adverse effect on our business, financial condition and results of operations.
- Lloyd's supervises Syndicate 4000, including approval of business plans and underwriting capacity. Lloyd's may require plan changes, impose additional capital requirements or levy charges and assessments that could impact our strategy and results. Failure to comply with Lloyd's requirements could result in sanctions, restrictions on underwriting or reputational harm.
- Regulatory actions or investigations, even if ultimately resolved without material findings, could divert management attention, increase legal expenses and harm our reputation.
- Our business is subject to certain laws and regulations relating to sanctions and foreign corrupt practices, the violation of which could adversely affect our business, financial condition and results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SPNT | SiriusPoint Ltd. | USD 25.96 | ▲ 1.09% |
| RNR | RenaissanceRe Holdings Ltd. | USD 362.59 | ▲ 2.12% |
| EG | Everest Group, Ltd. | USD 407.56 | ▲ 3.24% |
| RGA | Reinsurance Group of America, I | USD 272.05 | ▲ 1.07% |
| GLRE | Greenlight Reinsurance, Ltd. | USD 15.3 | ▲ 2.41% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:01 UTC. This page is informational and not investment advice.
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