White Mountains Insurance Group (NYSE:WTM) Posts 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 return on equity of 11.57% and a net margin of 24.72%.

White Mountains Insurance Group Price Performance

Shares of WTM traded up $9.72 during trading hours on Friday, reaching $1,985.94. The company had a trading volume of 6,910 shares, compared to its average volume of 14,176. The company has a market capitalization of $5.10 billion, a price-to-earnings ratio of 7.86 and a beta of 0.45. White Mountains Insurance Group has a 12-month low of $1,583.65 and a 12-month high of $2,023.00. The firm has a 50 day simple moving average of $1,921.42 and a 200-day simple moving average of $1,842.17. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10.

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.