News coverage about White Mountains Insurance Group (NYSE:WTM) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. White Mountains Insurance Group earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media stories about the insurance provider an impact score of 45.6618334824608 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Head-To-Head Survey: Arch Capital Group (ACGL) versus White Mountains Insurance Group (WTM) (americanbankingnews.com)
- White Mountains Announces Preliminary Results Of Its Tender Offer (finance.yahoo.com)
- White Mountains Insurance Group Ltd. breached its 50 day moving average in a Bullish Manner : WTM-US : September 11, 2017 (finance.yahoo.com)
- Brokerages Anticipate White Mountains Insurance Group, Ltd. (WTM) to Post ($3.16) EPS (americanbankingnews.com)
White Mountains Insurance Group (NYSE:WTM) opened at 859.70 on Friday. The firm’s 50-day moving average price is $861.51 and its 200 day moving average price is $872.34. The company has a market capitalization of $3.68 billion, a price-to-earnings ratio of 37.06 and a beta of 0.52. White Mountains Insurance Group has a 12-month low of $813.20 and a 12-month high of $948.94.
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, beating the Zacks’ consensus estimate of $1.12 by $1.66. The business had revenue of $18.50 million during the quarter, compared to the consensus estimate of $299.20 million. White Mountains Insurance Group had a return on equity of 1.01% and a net margin of 9.80%. On average, analysts expect that White Mountains Insurance Group will post ($10.75) earnings per share for the current year.
White Mountains Insurance Group announced that its Board of Directors has approved a share buyback plan on Thursday, August 17th that permits the company to buyback 500,000 outstanding shares. This buyback authorization permits the insurance provider to buy shares of its stock through a dutch auction. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.
WTM has been the topic of several recent analyst reports. ValuEngine upgraded White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Tuesday, June 6th. Zacks Investment Research upgraded White Mountains Insurance Group from a “strong sell” rating to a “hold” rating in a report on Thursday, July 13th.
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 OneBeacon, HG Global/BAM and Other Operations. The OneBeacon segment consists of the operations of OneBeacon Insurance Group, Ltd.
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