The price of HG is predicted to go up -7.64%, based on the high correlation periods with RWT. The similarity of these two price pattern on the periods is 90.65%.
HG
RWT
Down: -7.64%Similarity: 90.65%
HG Revenue Forecast
HG EPS Forecast
HG FAQs
What is bull’s view on HG?
HG stock is currently trading at $79.38, with a bullish outlook driven by Bill Ackman’s Pershing Square proposing an $85 per share buyout, representing a 7% upside. The offer reflects confidence in the company’s long-term value, despite historical underperformance in stock price. This move is expected to stabilize investor sentiment and potentially drive further gains.
What is bear's view on HG?
HG stock closed at $19.13 on January 31, 2025, down 1.24%. The bearish view stems from the potential impact of newly announced tariffs, which could increase costs for industries reliant on copper, a key driver for HG. Additionally, technical indicators suggest a downward trend, with resistance near $19.33 and support at $18.90.
What is HG revenue forecast for next quarter?
The market consensus for HG's revenue in the upcoming quarter is projected to be approximately $492.3M USD.
What is HG eps forecast for next quarter?
The market consensus for HG's eps in the upcoming quarter is projected to be approximately $1.121 USD.
Barclays lowered the firm's price target on Hamilton Insurance to $24 from $26 and keeps an Overweight rating on the shares. As Barclays assesses the landscape for the insurance industry heading into 2025, it remains more optimistic on the life insurers as it sees improving free cash flow, benefits from higher interest rates, sizeable excess capital positions, strong group benefits earnings, and potential for further reinsurance and merger transactions. While property and casualty is a very high-quality business over the long term, we are at a tougher part of the underwriting cycle for property coverage, and casualty loss cost trend still poses a risk that will potentially prevent more favorable development, the analyst tells investors in a research note. As a result, the firm is more selective in its stock picks.