Brokerages predict that White Mountains Insurance Group, Ltd. (NYSE:WTM) will report earnings per share (EPS) of ($3.41) for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for White Mountains Insurance Group’s earnings. White Mountains Insurance Group posted earnings of $2.58 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 232.2%. The company is expected to issue its next quarterly earnings results on Wednesday, November 1st.

On average, analysts expect that White Mountains Insurance Group will report full-year earnings of ($7.55) per share for the current year. For the next year, analysts anticipate that the business will report earnings of $11.50 per share. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow White Mountains Insurance Group.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Friday, August 4th. The insurance provider reported $2.78 earnings per share for the quarter, topping the consensus estimate of $1.12 by $1.66. White Mountains Insurance Group had a net margin of 9.80% and a return on equity of 1.01%. The firm had revenue of $18.50 million for the quarter, compared to analysts’ expectations of $299.20 million.

Several research firms have weighed in on WTM. ValuEngine upgraded shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research upgraded shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Thursday, July 20th.

Institutional investors and hedge funds have recently bought and sold shares of the business. Public Employees Retirement Association of Colorado raised its holdings in White Mountains Insurance Group by 2.2% in the second quarter. Public Employees Retirement Association of Colorado now owns 137 shares of the insurance provider’s stock worth $119,000 after purchasing an additional 3 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in White Mountains Insurance Group in the second quarter worth $135,000. SG Americas Securities LLC raised its holdings in White Mountains Insurance Group by 15.2% in the first quarter. SG Americas Securities LLC now owns 174 shares of the insurance provider’s stock worth $153,000 after purchasing an additional 23 shares during the period. TLP Group LLC acquired a new stake in White Mountains Insurance Group in the second quarter worth $174,000. Finally, Airain ltd acquired a new stake in White Mountains Insurance Group in the second quarter worth $220,000.

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White Mountains Insurance Group (WTM) opened at 892.59 on Friday. The firm’s 50-day moving average is $865.22 and its 200 day moving average is $864.62. The stock has a market capitalization of $3.82 billion, a PE ratio of 38.48 and a beta of 0.53. White Mountains Insurance Group has a 52-week low of $815.04 and a 52-week high of $948.94.

White Mountains Insurance Group announced that its board has authorized a stock buyback program on Thursday, August 17th that permits the company to repurchase 500,000 outstanding shares. This repurchase authorization permits the insurance provider to repurchase shares of its stock through a dutch auction. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a holding company. The Company’s principal businesses are conducted through its insurance subsidiaries and other affiliates. Its segments include HG Global/BAM and Other Operations. The HG Global/BAM segment consists of the operations of HG Global Ltd. (HG Global) and 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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