White Mountain Insurance Group (WTM, Financial) recently experienced a significant drop in its stock price, falling by 1.25%. The stock is currently priced at $1679.71 per share with a trading volume of 4,437 shares, marking a turnover rate of 0.17%.
According to the latest financial report, White Mountain Insurance Group recorded an operating revenue of $395 million and a net loss of $53.9 million. The company reported an earnings per share (EPS) of -$21.29, and a price-to-earnings (P/E) ratio of 8.75.
Currently, no institutions have rated WTM stock with "buy," "hold," or "sell" recommendations. In the broader insurance sector, stocks have declined by 0.15%. Notable gainers in the sector include Fanhua Holdings Group, Selectquote, Inc., and Reliance Global Group, Inc. Active stocks in the sector include Reliance Global Group, Inc., Heritage Insurance Holdings, Inc., and Tenzai Xiang, with turnover rates of 73.43%, 4.01%, and 1.80% respectively. Stocks with significant price fluctuations include Reliance Global Group Inc C/Wts 01/02/2026 (To Pur Com), Heritage Insurance Holdings, Inc., and Selectquote, Inc. with amplitudes of 96.55%, 18.48%, and 15.63%.
White Mountain Insurance Group specializes in opportunistic and value-driven acquisitions in the insurance, financial services, and related sectors. They manage and operate these businesses through subsidiaries and dispose of them when attractive exit valuations are achievable. The company's operations span four areas: municipal bond insurance, property and casualty insurance and reinsurance, capital solutions for asset and wealth management companies, and other businesses. Their municipal bond insurance business is conducted through their subsidiaries.
