White Mountains Insurance Group (NYSE:WTM) Releases Quarterly Earnings Results

White Mountains Insurance Group (NYSE:WTM) announced its earnings results on Friday. The insurance provider reported $12.44 earnings per share (EPS) for the quarter, Zacks reports. White Mountains Insurance Group had a net margin of 24.72% and a return on equity of 11.57%.

White Mountains Insurance Group Price Performance

WTM stock opened at $1,989.57 on Friday. The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of 7.88 and a beta of 0.45. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group has a 52-week low of $1,583.65 and a 52-week high of $2,023.00. The stock’s fifty day simple moving average is $1,921.42 and its 200-day simple moving average is $1,842.17.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.