Hamilton Insurance (US:HG) ZACKSยท2024-10-04 23:20Company Overview - Hamilton Insurance closed at $18.75, with a daily increase of 0.7%, underperforming the S&P 500 which gained 0.9% [1] - Over the past month, Hamilton Insurance shares have decreased by 3.67%, while the Finance sector gained 0.34% and the S&P 500 increased by 3.15% [1] Upcoming Financial Results - Hamilton Insurance is set to announce its earnings on November 6, 2024, with an expected EPS of $0.74, reflecting an increase of 80.49% from the same quarter last year [2] - The Zacks Consensus Estimate projects net sales of $519.32 million, up 31.05% from the previous year [2] Full Year Projections - For the full year, earnings are projected at $4.21 per share and revenue at $2.33 billion, indicating increases of 72.54% and 48.24% respectively from the prior year [3] Analyst Estimates and Market Sentiment - Recent changes to analyst estimates for Hamilton Insurance indicate a positive outlook, suggesting analyst optimism regarding the company's business and profitability [3] - The Zacks Rank system, which assesses these estimate changes, currently rates Hamilton Insurance as 2 (Buy) [5] Valuation Metrics - Hamilton Insurance has a Forward P/E ratio of 4.42, which is a discount compared to the industry average Forward P/E of 10.39 [6] - The Insurance - Multi line industry is part of the Finance sector and holds a Zacks Industry Rank of 65, placing it in the top 26% of over 250 industries [6]