Wall Street brokerages expect Watford Hldg Ltd (NASDAQ:WTRE) to post earnings per share (EPS) of $0.32 for the current fiscal quarter, according to Zacks. Zero analysts have made estimates for Watford’s earnings. The company is scheduled to announce its next quarterly earnings results on Monday, November 4th.

According to Zacks, analysts expect that Watford will report full-year earnings of $3.84 per share for the current financial year. For the next financial year, analysts expect that the company will post earnings of $3.44 per share. Zacks’ EPS calculations are a mean average based on a survey of analysts that follow Watford.

Watford (NASDAQ:WTRE) last issued its quarterly earnings results on Monday, July 29th. The company reported $0.61 EPS for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.30). The business had revenue of $175.78 million for the quarter.

WTRE has been the subject of several recent analyst reports. Zacks Investment Research reaffirmed a “hold” rating on shares of Watford in a research report on Sunday. JMP Securities began coverage on Watford in a research report on Thursday, May 16th. They issued an “outperform” rating and a $33.00 target price for the company. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $29.20.

Shares of NASDAQ:WTRE traded up $0.28 during midday trading on Friday, reaching $26.16. The company’s stock had a trading volume of 151,213 shares, compared to its average volume of 105,667. The stock has a 50 day moving average of $23.13. Watford has a fifty-two week low of $18.75 and a fifty-two week high of $28.99.

In related news, Director Thomas Miller purchased 4,000 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were purchased at an average price of $19.95 per share, with a total value of $79,800.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Jon D. Levy acquired 1,500 shares of the stock in a transaction dated Wednesday, July 31st. The shares were bought at an average price of $20.99 per share, for a total transaction of $31,485.00. The disclosure for this purchase can be found here. Insiders have purchased a total of 59,700 shares of company stock worth $1,184,930 in the last ninety days.

Institutional investors and hedge funds have recently modified their holdings of the business. BNP Paribas Arbitrage SA purchased a new position in Watford in the 2nd quarter worth $27,000. Bank of Montreal Can bought a new position in shares of Watford during the second quarter valued at about $46,000. Strs Ohio purchased a new stake in Watford during the 2nd quarter valued at about $148,000. Susquehanna International Group LLP purchased a new stake in Watford during the 2nd quarter valued at about $201,000. Finally, Captrust Financial Advisors bought a new position in Watford during the 2nd quarter worth approximately $274,000. 12.35% of the stock is owned by institutional investors and hedge funds.

Watford Company Profile

Watford Holdings Ltd., together with its subsidiaries, operates as a property, casualty, and mortgage insurance and reinsurance company worldwide. The company was founded in 2013 and is headquartered in Pembroke, Bermuda.

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