PLGO Stock: Price, Forecast, Financials & AI Analysis
The article provides an AI-driven analysis of Pelagos Insurance Capital Limited (PLGO) stock, covering its price, forecast, and financials. It details the company's business as a specialty insurance and reinsurance provider, offers valuation metrics, and includes recent news about its rebranding and an NYSE market advisory. Despite a projected decline by Wall Street analysts, the article highlights valuation metrics like forward P/E and EV/EBITDA, suggesting potential undervaluation.
Fidelis Insurance Q1 Earnings Call Highlights
Fidelis Insurance, now Pelagos Insurance Capital, reported a strong first quarter of 2026, with executives highlighting significant underwriting profitability, book value growth, and continued share repurchases. The company achieved a combined ratio of 86.6% and saw gross premiums written increase by 7% to $1.8 billion, driven by new underwriting partnerships. Management remains optimistic about mid-single-digit top-line growth for the year and emphasized the benefits of their diversified portfolio and dynamic capital allocation.
Fidelis Insurance rebrands as Pelagos Insurance Capital
Fidelis Insurance Holdings Limited has officially rebranded to Pelagos Insurance Capital Limited, with its shares now trading on the NYSE under the new ticker symbol PLGO. The company, which operates in specialty insurance and reinsurance, reported a market capitalization of $1.8 billion and a 26.71% return over the past year. This strategic rebrand comes after shareholder approval and does not impact operations, team, capital strength, or underwriting strategy.
Pelagos Insurance Capital Finalizes Rebrand and Switches NYSE Ticker to PLGO
Pelagos Insurance Capital Limited, formerly Fidelis Insurance Holdings Limited, has completed its rebrand and shifted its NYSE ticker from FIHL to PLGO, effective May 12, 2026. The Bermuda-based specialty insurer aims for the new name to better reflect its strategy in linking capital to risk and leveraging specialist underwriting partners. The company continues its normal operations, including reporting first-quarter 2026 results soon.
Fidelis Insurance: Q1 Earnings Snapshot
Fidelis Insurance Holdings Ltd. reported a net income of $108 million in its first quarter, with a profit of $1.15 per share. Adjusted earnings were 94 cents per share, and the company posted revenue of $610.6 million, with an adjusted revenue of $612.2 million. This financial report was generated using data from Zacks Investment Research.
Fidelis Insurance: Q1 Earnings Snapshot
Fidelis Insurance Holdings Ltd. (PLGO) reported a net income of $108 million in its first quarter, with a profit of $1.15 per share. Adjusted for non-recurring gains, earnings were 94 cents per share. The company posted adjusted revenue of $612.2 million for the period.
Will Dividend Debut and CVC Exit Change Fidelis Insurance Holdings' (FIHL) Ownership and Capital Story?
Fidelis Insurance Holdings (FIHL) recently announced a quarterly dividend of US$0.15 and completed the repurchase of shares from former principal shareholder CVC Falcon Holdings Limited, simplifying its ownership structure ahead of its rebrand to Pelagos Insurance Capital Limited. These moves are expected to reshape the company's investment narrative by streamlining its shareholder base and focusing on underwriting discipline and catastrophe exposure. Investors are encouraged to consider the potential impact of these changes alongside the company's financial forecasts and exposure to natural catastrophe events.
Pelagos Insurance Capital (Formerly Fidelis Insurance Group) Announces Official Rebrand
Fidelis Insurance Holdings Limited has officially rebranded as Pelagos Insurance Capital, effective May 11, 2026, following shareholder approval. The company's common shares will trade under the new ticker symbol "PLGO" on the NYSE starting May 12, 2026. Pelagos Insurance Capital emphasizes that while the name has changed, its team, expertise, capital strength, and underwriting strategy remain consistent.
Fidelis Insurance Holdings Limited will Change its Ticker to PLGO from FIHL
Fidelis Insurance Holdings Limited announced on May 11, 2026, that it will change its New York Stock Exchange stock ticker symbol from FIHL to PLGO, effective May 12, 2026. This change was reported by S&P Capital IQ. The article also provides a company profile, financial data, and recent news about Fidelis Insurance.
Fidelis' rebrand to Pelagos goes live
Fidelis Insurance Holdings is officially rebranding to Pelagos Insurance Capital. This change follows shareholder approval received at the company's Annual General Meeting on April 28, and the rebrand went live on Monday, May 11, 2026.
Press Release: Pelagos Insurance Capital (Formerly Fidelis Insurance Group) Announces Official Rebrand
Pelagos Insurance Capital, formerly known as Fidelis Insurance Group, has officially announced its rebrand. This change signifies a new strategic direction for the company in the insurance capital market. The rebrand marks a significant milestone in the company's evolution.
Pelagos Insurance Capital emerges as new identity for Fidelis after AGM approval
Fidelis Insurance Holdings Limited has officially rebranded as Pelagos Insurance Capital Limited, effective today, following shareholder approval at its Annual General Meeting on April 28, 2026. This change reflects the firm's evolution as a capital allocator and risk selector in specialty insurance and reinsurance, with its NYSE ticker expected to switch from "FIHL" to "PLGO" on May 12, 2026. Group chief executive Dan Burrows emphasized that the rebrand highlights the company's unique market position and power of connection, while assuring that the team, expertise, capital strength, and underwriting strategy remain unchanged.
Fidelis Insurance rebrands as Pelagos Insurance Capital By Investing.com
Fidelis Insurance Holdings Limited has officially rebranded to Pelagos Insurance Capital Limited, with its common shares now trading on the New York Stock Exchange under the ticker symbol PLGO. The rebrand follows shareholder approval and is intended to better reflect the company's identity, though its operations, team, and strategy remain unchanged. Pelagos Insurance Capital is set to release its Q1 2026 financial results and hold an earnings call soon, following recent financial activity including strong Q4 2025 EPS and a significant share repurchase from CVC Falcon Holdings.
Pelagos Insurance Capital (Formerly Fidelis Insurance Group) Announces Official Rebrand
Fidelis Insurance Holdings Limited has officially rebranded as Pelagos Insurance Capital, effective May 11, 2026, following shareholder approval. The company's ticker symbol on the NYSE is expected to change from "FIHL" to "PLGO" on May 12, 2026. Pelagos Insurance Capital will release its Q1 2026 financial results on May 13, 2026, and hold an earnings call on May 14, 2026.
Will Dividend Debut and CVC Exit Change Fidelis Insurance Holdings' (FIHL) Ownership and Capital Story?
Fidelis Insurance Holdings (FIHL) has declared its first quarterly dividend of US$0.15 per share and repurchased all shares from its former principal shareholder, CVC Falcon Holdings. These actions, alongside its upcoming rebrand to Pelagos Insurance Capital Limited, aim to simplify its ownership structure and potentially reshape its investment narrative, though the company's core focus remains on underwriting discipline and managing catastrophe risks. Current analyst forecasts suggest a fair value for FIHL of $22.39, indicating a 7% upside from its current price.
Fidelis Insurance Holdings Limited will Change its Name to Pelagos Insurance Capital Limited
Fidelis Insurance Holdings Limited announced that it will change its name to Pelagos Insurance Capital Limited, effective May 11, 2026. The company, a Bermuda-based insurance and reinsurance firm, operates with segments for Insurance and Reinsurance. This change follows several recent news items, including dividend announcements, share repurchase deals, and analyst rating adjustments.
Fidelis Insurance Cuts Final Ties With CVC as Director Resigns After Share Buyback
Fidelis Insurance Holdings Ltd. has completed its separation from CVC Falcon Holdings Limited, repurchasing all remaining common shares held by CVC and waiving all of CVC's governance rights. This move, which includes the resignation of CVC's representative Daniel Brand from Fidelis's board, simplifies the insurer's decision-making and alters its shareholder influence. Analysts currently hold a "Hold" rating on FIHL stock with a $21.00 price target, while TipRanks’ AI Analyst, Spark, rates it as "Neutral" due to mixed financial performance and weak near-term technical momentum, offset by favorable valuation and positive earnings call insights.
Fidelis Insurance Holdings Declares $0.15 Quarterly Dividend Ahead of Planned Rebrand
Fidelis Insurance Holdings Ltd. (FIHL), which plans to rebrand as Pelagos Insurance Capital in May 2026, has announced a quarterly dividend of $0.15 per common share. This dividend is payable on June 26, 2026, to shareholders of record as of June 15, 2026, signaling management's confidence and commitment to capital returns. TipRanks' AI Analyst, Spark, rates FIHL as Neutral due to mixed financial performance and weak near-term technical momentum, despite favorable valuation and positive earnings call commentary.
Press Release: Fidelis Insurance Group Declares Quarterly Dividend
The document is a press release from Fidelis Insurance Group announcing the declaration of a quarterly dividend.
Fidelis Insurance Holdings Limited (NYSE:FIHL) Plans Quarterly Dividend of $0.15
Fidelis Insurance Holdings Limited (NYSE:FIHL) has declared a quarterly dividend of $0.15 per share, payable on June 26th to shareholders of record on June 15th. This translates to an annualized dividend of $0.60, representing a yield of 2.9%, which is well-covered by the company's earnings with a payout ratio of 16.0%. Analysts anticipate Fidelis Insurance to post $4.15 EPS next year, ensuring continued dividend coverage.
Fidelis Insurance Cuts Final Ties With CVC as Director Resigns After Share Buyback
Fidelis Insurance Holdings Ltd. (FIHL) has completed the repurchase of all remaining common shares held by CVC Falcon Holdings Limited, effectively ending CVC's ownership. Following this, CVC waived all prior governance and registration rights, and CVC's representative, Daniel Brand, resigned from Fidelis's board and committees. This move signifies a clean break between Fidelis and its former private equity backer, streamlining future decision-making.
Fidelis Insurance Group Declares $0.11 Dividend, Payable June 6, 2026
Fidelis Insurance Group has announced a quarterly dividend of $0.11 per common share. The dividend will be paid on June 6, 2026, to shareholders registered as of May 22, 2026. The company operates as a global provider of specialty insurance and reinsurance products through its subsidiaries.
Fidelis Insurance Holdings Declares $0.15 Quarterly Dividend Ahead of Planned Rebrand
Fidelis Insurance Holdings (FIHL), a Bermuda-based specialty insurer and reinsurer, has declared a quarterly dividend of $0.15 per share, payable on June 26, 2026, to shareholders of record as of June 15, 2026. This announcement comes as the company plans to rebrand as Pelagos Insurance Capital in May 2026. The dividend highlights management's confidence in the company's financial strength and its commitment to returning capital to investors.
Fidelis Insurance (FIHL) Expected to Announce Earnings on Wednesday
Fidelis Insurance (FIHL) is projected to release its Q1 2026 earnings on Wednesday, May 13th, with analysts forecasting earnings of $0.75 per share and revenue of $903.16 million. The company recently authorized a $400 million share buyback program and paid a quarterly dividend of $0.15, indicating management confidence. Fidelis Insurance previously surpassed EPS estimates but missed revenue targets in the last quarter, and currently holds a "Hold" consensus rating with a target price of $22.64.
Fidelis Insurance Holdings (NYSE:FIHL) - Stock Analysis
Fidelis Insurance Holdings (NYSE:FIHL) is trading at a market cap of US$1.8 billion with its stock price at US$21.00, considered 6.2% undervalued by current analyst consensus. The company reported strong Q4 2025 EPS despite revenue shortfalls, and recently announced significant governance changes including a share repurchase from CVC Falcon Holdings Limited. Analysts have raised price targets citing future shareholder return potential from buybacks and stable margins.
A Look At Fidelis Insurance Holdings (FIHL) Valuation After Recent Share Price Strength
Fidelis Insurance Holdings (FIHL) has shown strong recent share performance, with its stock up across various timeframes, closing at US$21.21. The company is currently trading as "undervalued" with a narrative fair value of US$22.39, supported by a strong capital base and capital management. While the positive momentum suggests future growth potential, investors are encouraged to consider the underlying data and potential risks like catastrophe losses or pricing pressure before making investment decisions.
Fidelis Buyback And Bye Law Changes Reframe Capital Return Outlook
Fidelis Insurance Holdings has executed a major share repurchase agreement, ending CVC Falcon Holdings Limited's ownership, and approved amendments to its Bye Laws, signaling significant changes in governance and ownership. These actions raise questions about the company's capital allocation strategy, particularly regarding dividend coverage by free cash flow, and highlight the importance for investors to monitor how these changes will impact future financial decisions and shareholder returns. The buyback aims to support per-share metrics, but the dividend's free cash flow coverage remains a point of concern for income-focused investors.
Fidelis Buyback And Bye Law Changes Reframe Capital Return Outlook
Fidelis Insurance Holdings (NYSE:FIHL) has completed a significant share repurchase agreement with founding shareholder CVC Falcon Holdings Limited, marking CVC's exit and a shift in Fidelis's ownership structure. Concurrently, the company passed amendments to its Bye Laws, signaling changes to its corporate governance. These actions are expected to influence board decisions, capital allocation, and future corporate strategies, prompting investors to monitor how Fidelis balances buybacks, dividends, and overall capital returns.
Fidelis Insurance Holdings stock hits all-time high at 21.43 USD
Fidelis Insurance Holdings (FIHL) stock has reached a new all-time high of $21.43 USD, trading just 1% below its 52-week high with a market capitalization of $1.82 billion. This surge reflects a 35.28% total return over the past year, indicating strong investor confidence. Despite appearing slightly overvalued according to InvestingPro analysis, the company recently reported a robust Q4 2025 EPS of $1.09, exceeding forecasts, and repurchased $163.3 million in common shares from CVC Falcon Holdings Limited.
Fidelis Shareholders Approve Pelagos Insurance Capital Rebrand and Governance Changes
Fidelis Insurance Holdings Ltd. shareholders approved a rebrand to Pelagos Insurance Capital Limited, along with governance changes, including the re-election of three Class III directors and the appointment of KPMG as auditor for 2026. The new name and NYSE ticker "PLGO" are expected to be effective in mid-May 2026, aiming to sharpen its capital-focused market positioning. Spark, TipRanks’ AI Analyst, has a "Neutral" rating for FIHL stock, citing mixed financial performance and weak near-term technical momentum, moderated by favorable valuation and positive earnings call commentary.
How Investors May Respond To Fidelis Insurance (FIHL) Early Junior Notes Redemption And BSX De‑Listing
Fidelis Insurance Holdings (FIHL) recently redeemed its 6.625% Fixed-Rate Junior Notes early, leading to their de-listing from the Bermuda Stock Exchange. This move, alongside a US$400 million share buyback, signifies a reshaping of the company's capital structure. Investors should analyze how these actions impact Fidelis’s balance sheet flexibility and its ability to balance shareholder returns with resilience against large loss events, especially ahead of the upcoming Q1 2026 results.
How Investors May Respond To Fidelis Insurance (FIHL) Early Junior Notes Redemption And BSX De‑Listing
Fidelis Insurance Holdings Ltd. (FIHL) recently completed the early redemption of its 6.625% Fixed-Rate Junior Notes, leading to their de-listing from the Bermuda Stock Exchange. This action is part of a broader capital reshaping, including a US$400 million share buyback program, influencing how investors might view the company's balance sheet flexibility and capital management. While the redemption itself is incremental, it frames the upcoming Q1 2026 results as crucial for assessing Fidelis's balance between shareholder returns and resilience against market risks.
How Investors May Respond To Fidelis Insurance (FIHL) Early Junior Notes Redemption And BSX De‑Listing
Fidelis Insurance Holdings Ltd. recently redeemed its 6.625% Fixed-Rate Junior Notes due April 1, 2041, leading to their de-listing from the Bermuda Stock Exchange. This action is part of a broader capital reshaping, including an enlarged share buyback program, and will frame how investors assess the company's balance sheet flexibility and funding mix. The upcoming Q1 2026 results will be a crucial check on how Fidelis balances shareholder returns with resilience against large loss events and rising expenses.
Fidelis Insurance Holdings Limited (NYSE:FIHL) Receives Consensus Recommendation of "Hold" from Analysts
Fidelis Insurance Holdings Limited (NYSE:FIHL) has received a consensus "Hold" recommendation from analysts, with ten firms covering the stock, resulting in an average one-year price target of $22.64. The company recently reported Q4 EPS of $1.09, beating estimates, but revenue of $600.9 million missed expectations. Fidelis also authorized a $400 million share buyback and pays a quarterly dividend of $0.15, highlighting a focus on shareholder returns.
Fidelis Insurance Holdings Ltd stock hits 52-week high at 20.54 USD By Investing.com
Fidelis Insurance Holdings Ltd (FIHL) stock reached a 52-week high of $20.54, reflecting a strong 28.77% total return over the past year. The company reported better-than-expected Q4 2025 earnings per share of $1.09, though revenue slightly missed projections. Additionally, Fidelis Insurance announced a $163.3 million share repurchase from founding shareholder CVC Falcon Holdings Limited.
Fidelis Insurance Holdings Ltd stock hits 52-week high at 20.54 USD
Fidelis Insurance Holdings Ltd stock has reached a new 52-week high of $20.54, reflecting a strong 28.77% total return over the past year and robust investor confidence. Despite trading at a P/E ratio of 9.55, InvestingPro analysis indicates the stock is overvalued relative to its Fair Value. Recent company news includes Q4 2025 EPS exceeding expectations and a share repurchase agreement with CVC Falcon Holdings.
Need To Know: The Consensus Just Cut Its Fidelis Insurance Holdings Limited (NYSE:FIHL) Estimates For 2026
Analysts have downgraded their revenue and slightly reduced EPS estimates for Fidelis Insurance Holdings Limited (NYSE:FIHL) for 2026, leading to a more cautious outlook for the company. Despite the cuts, the revised forecasts still suggest that Fidelis Insurance's revenue growth will outperform the wider industry. Investors are advised to consider potential warning signs related to earnings quality, though the share price has seen a recent increase.
Need To Know: The Consensus Just Cut Its Fidelis Insurance Holdings Limited (NYSE:FIHL) Estimates For 2026
Analysts have downgraded their 2026 revenue and earnings per share (EPS) estimates for Fidelis Insurance Holdings Limited (NYSE:FIHL), citing a potential admission that previous forecasts were too optimistic. While the stock is up 6.3% in the past week, the revised consensus projects revenues of US$2.6 billion and EPS of US$3.33, a notable reduction from prior expectations. Despite the downgrades, the price target remains unchanged, suggesting analysts don't foresee a long-term impact on the company's valuation.
Fidelis Insurance (NYSE:FIHL) Hits New 52-Week High Following Analyst Upgrade
Fidelis Insurance (NYSE:FIHL) reached a new 52-week high after Barclays increased its price target to $21.00. The company also announced a stock buyback program worth $400 million and pays a quarterly dividend of $0.15. While analyst ratings are mixed, institutional investors hold a significant portion of the company's stock.
Barclays Reaffirms Their Hold Rating on Fidelis Insurance Holdings Ltd. (FIHL)
Barclays analyst Alex Scott has reaffirmed a Hold rating on Fidelis Insurance Holdings Ltd. (FIHL) with a price target of $21.00. This rating aligns with the Street's general consensus of a Hold, with an average price target of $22.40. The company recently reported a quarterly revenue of $600.9 million and a net profit of $117.8 million for the period ending December 31.
Fidelis Insurance Holdings stock hits 52-week high at 20.51 USD
Fidelis Insurance Holdings (FIHL) stock reached a new 52-week high of $20.51, reflecting a 31.38% increase over the past year. Despite being considered slightly overvalued by InvestingPro's Fair Value analysis, the company maintains an attractive P/E ratio of 8.86 and a 3.05% dividend yield. Recent corporate actions include exceeding Q4 2025 EPS estimates and repurchasing shares from CVC Falcon Holdings Limited.
Fidelis Insurance (NYSE:FIHL) Stock Price Expected to Rise, Barclays Analyst Says
Barclays has raised its price target for Fidelis Insurance (NYSE:FIHL) to $21 from $19, maintaining an "equal weight" rating, suggesting a potential upside of 7.44%. The company recently beat EPS estimates but missed revenue expectations, and its board authorized a $400 million share buyback program. Institutional investors hold a significant portion of the stock, which has seen varied ratings from other analysts.
A Look At Fidelis Insurance Holdings (FIHL) Valuation As Analysts See Shares 11% Below Fair Value
Analysts see Fidelis Insurance Holdings (FIHL) stock as undervalued by 11%, with a narrative fair value of $21.67 against its current trading price of $19.29. The company has shown strong 1-year shareholder returns of 33.44% and reported annual revenue of US$2,500.5m, with revenue growth at 11.7% and net income growth at 14.6%. However, potential risks like catastrophe losses or increased competition could impact future performance.
Fidelis Insurance Holdings Ltd Announces Early Redemption of 6.625% Fixed-Rate Junior Notes
Fidelis Insurance Holdings Ltd has announced the early redemption of its 6.625% Fixed-Rate Junior Notes, both the 144A and RegS offerings, which were due April 1, 2041. As a result of this redemption, these securities were delisted from the Bermuda Stock Exchange (BSX) effective April 8, 2026, in accordance with BSX Debt Listing Regulations.
AM Best Affirms Credit Ratings of Fidelis Insurance Holdings Limited and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of "a" (Excellent) for Fidelis Insurance Bermuda Limited, Fidelis Underwriting Limited, and Fidelis Insurance Ireland Designated Activity Company. The Long-Term ICR of "bbb" (Good) for the ultimate holding company, Fidelis Insurance Holdings Limited, has also been affirmed. These ratings reflect Fidelis' very strong balance sheet strength, adequate operating performance, neutral business profile, and appropriate enterprise risk management.
Rising Costs And Thinner Margins Might Change The Case For Investing In Fidelis Insurance (FIHL)
Fidelis Insurance Holdings (FIHL) has experienced rising revenue but also increasing expenses, leading to reduced pre-tax profit margins and a fall in earnings per share. This trend suggests that new business is less profitable, raising concerns about the sustainability of its expansion despite a current share repurchase program. Investors are advised to consider the impact of these rising costs and thinner margins on the company's long-term profitability and compare various analyst viewpoints, as some foresee persistently compressed returns.
JPMorgan Chase & Co. Has $8.97 Million Stock Position in Fidelis Insurance Holdings Limited $FIHL
JPMorgan Chase & Co. significantly reduced its stake in Fidelis Insurance Holdings Limited (NYSE:FIHL) by 47.3% in the third quarter, ending with 494,148 shares valued at approximately $8.97 million. Despite this reduction, Fidelis Insurance recently reported beating Q3 EPS estimates and announced a $400 million share buyback program. The stock currently holds a "Hold" consensus rating from analysts, with an average price target of $22.36.
Fidelis Insurance Holdings Limited (NYSE:FIHL) Receives Average Rating of "Hold" from Analysts
Fidelis Insurance Holdings Limited (NYSE:FIHL) has received an average "Hold" rating from analysts, with a consensus 1-year price target of approximately $22.36. The company recently reported an EPS beat of $1.09 against a $0.96 estimate, although revenue of $600.9M missed the $756.1M estimate. Fidelis Insurance has also approved a $400 million share repurchase program and declared a quarterly dividend of $0.15 per share, representing an annualized yield of about 3.2%.
Book value per share of Fidelis Insurance Holdings Ltd. – FWB:U0K
This article provides the book value per share for Fidelis Insurance Holdings Ltd. (FWB:U0K). It is presented as a financial data point within a larger financial overview on TradingView. The content itself is very minimal, focusing solely on this single metric for the company.
FIHL PE Ratio & Valuation, Is FIHL Overvalued
Fidelis Insurance Holdings Ltd (FIHL) is currently considered undervalued, with a forward PE ratio of 5.56 compared to its five-year average of 5.37. The fair price for FIHL, based on relative valuation, is estimated to be between $29.52 and $37.86, indicating it is undervalued by 35.81% relative to its current price of $18.95. Despite a current P/S ratio that is higher than the industry average, its strong revenue growth suggests this premium might be unsustainable.
