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HG Stock Analysis 2026 - Hamilton Insurance Group, Ltd. AI Rating

HG NYSE Fire, Marine & Casualty Insurance D0 CIK: 0001593275
Recently Updated • Analysis: Apr 11, 2026 • SEC Data: 2025-12-31
STRONG BUY
85% Conf
Pending
Analysis scheduled

📊 HG Key Takeaways

Revenue: $2.9B
Net Margin: 28.9%
Free Cash Flow: $842.4M
Current Ratio: N/A
Debt/Equity: 0.05x
EPS: $5.55
AI Rating: STRONG BUY with 85% confidence

Is HG a Good Investment? Thesis Analysis

Claude

Hamilton Insurance demonstrates exceptional fundamental strength with 28.9% net margins, 29.8% ROE, and outstanding capital efficiency evidenced by 0.05x debt/equity and 40.9x interest coverage. Net income growing 37% YoY while revenue grows 24.7% reveals strong operational leverage; combined with $842.4M free cash flow and fortress balance sheet, the company is positioned to create sustained shareholder value across insurance cycles.

Why Buy HG? Key Strengths

Claude
  • + Exceptional profitability: 28.9% net margin, 28.4% operating margin, 29.8% ROE indicating superior capital allocation
  • + Fortress balance sheet: 0.05x debt/equity ratio, 40.9x interest coverage ratio, $1.1B cash provide substantial financial flexibility
  • + Strong growth with positive operational leverage: 37% net income growth exceeds 24.7% revenue growth; 51.2% EPS growth indicates margin expansion
  • + Excellent cash generation: $842.4M operating cash flow with 29% FCF margin demonstrates converting growth into shareholder distributions

HG Investment Risks to Consider

Claude
  • ! Insurance underwriting cyclicality: pricing and profitability margins compress during soft markets or competitive pressure periods
  • ! Catastrophic exposure: severe natural disasters or unexpected claim severity could materially impact underwriting results
  • ! Growth sustainability: current elevated growth rates (24.7% revenue, 37% net income) may not persist; regression to normative levels likely
  • ! Investment portfolio duration risk: large investment portfolio sensitivity to interest rate movements affects total returns

Key Metrics to Watch

Claude
  • * Combined ratio trend: critical insurance metric measuring underwriting profitability and pricing adequacy relative to claims and expenses
  • * Gross written premiums and policy retention rates: indicate market demand, competitive positioning, and customer loyalty
  • * Loss ratio and loss frequency/severity trends: measure actual claims experience and reserve adequacy

HG Financial Metrics

Revenue
$2.9B
Net Income
$840.0M
EPS (Diluted)
$5.55
Free Cash Flow
$842.4M
Total Assets
$9.6B
Cash Position
$1.1B

💡 AI Analyst Insight

The 29.0% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

HG Profitability Ratios

Gross Margin N/A
Operating Margin 28.4%
Net Margin 28.9%
ROE 29.8%
ROA 8.8%
FCF Margin 29.0%

HG vs Finance Sector

How Hamilton Insurance Group, Ltd. compares to Finance sector averages

Net Margin
HG 28.9%
vs
Sector Avg 25.0%
HG Sector
ROE
HG 29.8%
vs
Sector Avg 12.0%
HG Sector
Current Ratio
HG 0.0x
vs
Sector Avg 1.2x
HG Sector
Debt/Equity
HG 0.1x
vs
Sector Avg 2.0x
HG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is HG Overvalued or Undervalued?

Based on fundamental analysis, Hamilton Insurance Group, Ltd. appears fundamentally strong relative to the Finance sector in 2026.

Return on Equity
29.8%
Sector avg: 12%
Net Profit Margin
28.9%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.05x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

HG Balance Sheet & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.05x
Debt/Assets
70.5%
Interest Coverage
40.86x
Long-term Debt
$149.7M

HG 5-Year Financial Trend & Growth Analysis

HG 5-year financial data: Year 2023: Revenue $1.6B, Net Income $249.8M, EPS $0.61. Year 2024: Revenue $2.3B, Net Income -$29.9M, EPS $-0.95. Year 2025: Revenue $2.9B, Net Income $280.3M, EPS $2.44.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Hamilton Insurance Group, Ltd.'s revenue has grown significantly by 85% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.44 reflects profitable operations.

HG Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
29.0%
Free cash flow / Revenue

HG Quarterly Performance

Quarterly financial performance data for Hamilton Insurance Group, Ltd. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $512.8M $61.0M $0.74
Q2 2025 $587.9M $200.4M $1.20
Q1 2025 $658.6M $181.3M $0.77
Q3 2024 $396.3M $52.6M $0.41
Q2 2024 $357.2M $41.3M $0.35
Q1 2024 $322.4M $53.0M $0.49
Q3 2023 $226.9M $29.1M $-0.38

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

HG Capital Allocation

Operating Cash Flow
$842.4M
Cash generated from operations
Stock Buybacks
$112.5M
Shares repurchased (TTM)
Dividends
None
No dividend program

HG SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for Hamilton Insurance Group, Ltd. (CIK: 0001593275)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 8-K hg-20260402.htm View →
Mar 24, 2026 DEF 14A hg-20260324.htm View →
Mar 4, 2026 4 xslF345X05/wk-form4_1772663467.xml View →
Mar 4, 2026 4 xslF345X05/wk-form4_1772663463.xml View →
Mar 4, 2026 4 xslF345X05/wk-form4_1772663457.xml View →

Frequently Asked Questions about HG

What is the AI rating for HG?

Hamilton Insurance Group, Ltd. (HG) has an AI rating of STRONG BUY with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are HG's key strengths?

Claude: Exceptional profitability: 28.9% net margin, 28.4% operating margin, 29.8% ROE indicating superior capital allocation. Fortress balance sheet: 0.05x debt/equity ratio, 40.9x interest coverage ratio, $1.1B cash provide substantial financial flexibility.

What are the risks of investing in HG?

Claude: Insurance underwriting cyclicality: pricing and profitability margins compress during soft markets or competitive pressure periods. Catastrophic exposure: severe natural disasters or unexpected claim severity could materially impact underwriting results.

What is HG's revenue and growth?

Hamilton Insurance Group, Ltd. reported revenue of $2.9B.

Does HG pay dividends?

Hamilton Insurance Group, Ltd. does not currently pay dividends.

Where can I find HG SEC filings?

Official SEC filings for Hamilton Insurance Group, Ltd. (CIK: 0001593275) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is HG's EPS?

Hamilton Insurance Group, Ltd. has a diluted EPS of $5.55.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is HG a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Hamilton Insurance Group, Ltd. has a STRONG BUY rating with 85% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is HG stock overvalued or undervalued?

Valuation metrics for HG: ROE of 29.8% (sector avg: 12%), net margin of 28.9% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.

Should I buy HG stock in 2026?

Our dual AI analysis gives Hamilton Insurance Group, Ltd. a combined STRONG BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is HG's free cash flow?

Hamilton Insurance Group, Ltd.'s operating cash flow is $842.4M, with capital expenditures of N/A. FCF margin is 29.0%.

How does HG compare to other Finance stocks?

Vs Finance sector averages: Net margin 28.9% (avg: 25%), ROE 29.8% (avg: 12%), current ratio N/A (avg: 1.2).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 11, 2026 | Data as of: 2025-12-31 | Powered by Claude AI