Fidelis Insurance Holdings Limited (FIHL) To Go Ex-Dividend on March 12th

Fidelis Insurance Holdings Limited (NYSE:FIHL) announced a quarterly dividend on Thursday, February 20th, Wall Street Journal reports. Investors of record on Wednesday, March 12th will be paid a dividend of 0.10 per share on Thursday, March 27th. This represents a $0.40 annualized dividend and a dividend yield of 2.76%. The ex-dividend date is Wednesday, March 12th.

Fidelis Insurance Price Performance

Shares of FIHL opened at $14.50 on Friday. The firm has a market cap of $1.71 billion, a PE ratio of 3.66 and a beta of 0.48. Fidelis Insurance has a 52-week low of $13.28 and a 52-week high of $21.32. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.68 and a current ratio of 0.68. The business’s 50 day moving average price is $16.90 and its two-hundred day moving average price is $17.90.

Analyst Upgrades and Downgrades

FIHL has been the topic of several research analyst reports. The Goldman Sachs Group reissued a “sell” rating and set a $16.00 target price (down from $21.00) on shares of Fidelis Insurance in a research note on Wednesday, January 8th. Barclays cut their price objective on shares of Fidelis Insurance from $20.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Thursday. JPMorgan Chase & Co. decreased their target price on Fidelis Insurance from $21.00 to $20.00 and set a “neutral” rating for the company in a research report on Friday, January 3rd. Keefe, Bruyette & Woods cut their price target on Fidelis Insurance from $25.00 to $22.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, UBS Group reduced their price objective on Fidelis Insurance from $25.00 to $23.00 and set a “buy” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $20.29.

Fidelis Insurance Company Profile

Fidelis Insurance Holdings Limited, a specialty insurer, provides insurance and reinsurance solutions in Bermuda, the Republic of Ireland, and the United Kingdom. It operates in three segments: Specialty, Reinsurance, and Bespoke segments. The Specialty segment offers aviation and aerospace, energy, marine, property direct and facultative, and other specialty risk solutions.