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

White Mountains Insurance Group (NYSE:WTM) posted its earnings results on Friday. The insurance provider reported $12.44 earnings per share 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 Stock Up 0.5 %

Shares of WTM traded up $9.72 during mid-day trading on Friday, hitting $1,985.94. 6,910 shares of the company’s stock were exchanged, compared to its average volume of 14,176. The company has a market cap of $5.10 billion, a price-to-earnings ratio of 7.86 and a beta of 0.45. White Mountains Insurance Group has a fifty-two week low of $1,583.65 and a fifty-two week high of $2,023.00. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. The stock’s 50-day moving average is $1,921.42 and its 200-day moving average is $1,842.17.

About White Mountains Insurance Group

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.