$PLGO

Fidelis Insurance (FIHL) reported Q2 earnings call highlights. Management said Middle East war-related business since the conflict began had a loss ratio below 20%, and the broader war book generated over $1B premium at a sub-20% loss ratio. Quarterly combined ratio was 93.1%, with net favorable prior-year reserve development of $33M. Pelagos returned $73M via buybacks and maintained its dividend, reaffirming a mid-40% overall loss ratio.

Analysts covered Runway Growth Finance Corp (RWAY) and Pelagos Insurance Capital (PLGO). B. Riley Securities’ Sean-Paul Adams kept a Buy on RWAY and set a $11.00 target versus a $6.91 close. Consensus is Hold with a $7.67 target. For PLGO, Evercore ISI’s David Motemaden kept Hold with a $24.00 target versus a $22.56 close; Barclays also Hold at $23.00.

Pelagos Insurance Capital Ltd (PLGO) furnished an SEC Form 6-K — earnings release. Pelagos Insurance Capital Reports Second Quarter 2026 Results Gross premiums written of $1.3 billion, growth of 6.4% from the second quarter of 2025 Growth of 23% in book value per diluted common share including cumulative dividends from June 30, 2025 Second Quarter 2026 Highligh

Pelagos Insurance (NYSE: PLGO) is set to report Q2 results Wednesday after the bell. The company previously reported $610.6 million revenue, down 7.3% year on year, and beat EPS and net premiums earned estimates. Analysts expect revenue to rise 8.6% year on year. PLGO has an average price target of $25.72 versus $24.62.

A Q1 peer roundup in reinsurance highlights results for Everest Group (EG), Pelagos Insurance (PLGO), and RenaissanceRe (RNR). Everest revenue fell to $4.07B (-4.6% YoY) and missed expectations; shares rose 8.4% to $372.96. Pelagos revenue was $610.6M (-7.3%) and beat; shares rose 21.6% to $24.62. RenaissanceRe revenue was $2.19B (-36.8%) and missed; shares rose 4.1% to $323.42.

The article compares Fidelis Insurance (NYSE:PLGO) and Affirmative Insurance (OTCMKTS:AFFM), citing profitability, ownership, valuation, earnings, and analyst views. It says Fidelis has higher revenue and earnings, with 82% institutional ownership. MarketBeat reports PLGO’s consensus price target is $24.33. The article claims Fidelis outperforms on 9 of 9 factors.

On May 26, analysts adjusted price targets across multiple stocks. Royal Bank raised AutoCanada to C$23. JPMorgan cut Array Digital Infrastructure to $54 and Amentum to $31, but raised Analog Devices to $450. Other changes included BofA lifting Ciena to $660 and Cisco to $135, and Stifel trimming CAE to C$47.

Analysts have provided new ratings for several financial companies. Oppenheimer maintained a Buy rating on Gladstone Investment (GAIN) with a $17.00 price target, while Truist Financial maintained a Buy rating on Assurant (AIZ). Goldman Sachs, however, maintained a Sell rating on Pelagos Insurance Capital (PLGO) with an $18.00 price target.

Fidelis Insurance (FIHL) is projected to release its Q1 2026 earnings on Wednesday, May 13th, with analysts forecasting earnings of $0.75 per share and revenue of $903.16 million. The company recently authorized a $400 million share buyback program and paid a quarterly dividend of $0.15, indicating management confidence. Fidelis Insurance previously surpassed EPS estimates but missed revenue targets in the last quarter, and currently holds a "Hold" consensus rating with a target price of $22.64.

Fidelis Insurance Holdings Ltd. shareholders approved a rebrand to Pelagos Insurance Capital Limited, along with governance changes, including the re-election of three Class III directors and the appointment of KPMG as auditor for 2026. The new name and NYSE ticker "PLGO" are expected to be effective in mid-May 2026, aiming to sharpen its capital-focused market positioning. Spark, TipRanks’ AI Analyst, has a "Neutral" rating for FIHL stock, citing mixed financial performance and weak near-term technical momentum, moderated by favorable valuation and positive earnings call commentary.