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White Mountains Insurance Group, Ltd. (WTM)

Financial Services | Insurance - Property & Casualty | Hamilton, Bermuda | NYSE
2,093.13 USD +6.37 (0.305%) ⇧ (Oct. 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★★⯪Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 8:46 a.m. EDT

The long-term investment case is exceptionally strong, driven by a dominant competitive position and a fortress-like balance sheet. Over the last nine years, the business has delivered a cumulative gain of nearly 130%, with eight out of nine years showing positive growth, indicating sustained operational excellence. The current valuation is deeply attractive, trading at less than one times book value despite generating a robust 20% return on equity and healthy profit margins. While the recent price action shows some weakness, closing below its 50-day moving average, the underlying fundamentals remain unambiguously excellent, suggesting the market may be pricing in temporary sector headwinds rather than structural decline. The short-term outlook remains neutral due to this recent price dip and a modest negative forecast from statistical models, which likely reflect near-term volatility rather than a reversal of the long-term trend. Regarding income, the yield is currently around 5%, but the payout ratio is anomalously low at roughly 0.2%, suggesting the dividend is either funded entirely from excess cash reserves or represents a non-sustainable distribution relative to current earnings; consequently, it does not qualify as a high-quality income play despite the attractive headline percentage.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.019176
AutoARIMA0.019178
MSTL0.019664
AutoTheta0.040257

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 58%
H-stat 6.64
Ljung-Box p 0.000
Jarque-Bera p 0.131
Excess Kurtosis -1.40
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-03-15
Last Dividend Date 2026-03-15
Debt to Equity Ratio 14.915
Revenue per Share 1202.349
Market Cap 4,995,717,120
Trailing P/E 4.80
Forward P/E 23.26
Beta 0.28
Profit Margins 37.66%
Website https://www.whitemountains.com

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.05% 0.05% 0.05% 0.06%
Dividend History
Date Dividend Yield %
2026-03-16 1.000 0.045461
2025-03-17 1.000 0.052964
2024-03-08 1.000 0.058041
2023-03-10 1.000 0.072287
2022-03-11 1.000 0.096035
2021-03-12 1.000 0.084746
2020-03-13 1.000 0.119596
2019-03-15 1.000 0.108814
2018-03-16 1.000 0.122539
2017-03-16 1.000 0.110041
2016-03-17 1.000 0.126263
2015-03-12 1.000 0.149203
2014-03-13 1.000 0.173647
2013-03-14 1.000 0.177440
2012-03-22 1.000 0.200602
2011-03-17 1.000 0.283688
2010-03-18 1.000 0.282087
2009-03-12 1.000 0.611359
2008-06-12 2.000 0.443292
2008-03-13 2.000 0.419762
2007-12-13 2.000 0.382066
2007-09-13 2.000 0.378086
2007-06-14 2.000 0.333389
2007-03-15 2.000 0.363636
2006-12-14 2.000 0.337838
2006-09-14 2.000 0.388992
2006-06-15 2.000 0.387222
2006-03-09 2.000 0.360360
2005-12-15 2.000 0.336417
2005-09-15 2.000 0.315956
2005-06-09 2.000 0.309358
2005-03-10 2.000 0.299850
2004-03-11 1.000 0.210084
2003-03-13 1.000 0.311526
2002-03-14 1.000 0.298507
2001-03-15 1.000 0.327761
2000-09-14 0.400 0.240421
2000-06-15 0.400 0.250000
2000-03-09 0.400 0.355556
1999-12-09 0.400 0.340607
1999-09-09 0.400 0.292906
1999-06-10 0.400 0.282686
1999-03-11 0.400 0.308285
1998-12-10 0.400 0.289331
1998-09-10 0.400 0.335782
1998-06-04 0.400 0.270042
1998-03-05 0.400 0.300752
1997-12-04 0.200 0.163599
1997-09-04 0.200 0.188568
1997-06-05 0.200 0.194647
1997-03-07 0.200 0.186263
1996-12-05 0.200 0.217391
1996-09-05 0.200 0.220386
1991-11-21 0.170 0.254682
1991-08-22 0.170 0.266145
1991-05-22 0.170 0.266667
1991-02-21 0.170 0.296296
1990-11-21 0.170 0.360743
1990-08-23 0.170 0.370572
1990-05-23 0.170 0.533333
1990-02-22 0.170 0.548387
1989-11-22 0.150 0.436364
1989-08-24 0.150 0.409556
1989-05-24 0.150 0.454545
1989-02-23 0.150 0.458015
1988-11-23 0.125 0.434783
1988-08-25 0.125 0.398406
1988-05-25 0.125 0.452489
1988-02-25 0.125 0.438596
1987-11-19 0.100 0.357143
1987-08-20 0.100 0.253165
1987-05-20 0.100 0.286738
1987-02-26 0.100 0.245399
1986-11-20 0.075 0.229008
1986-08-21 0.075 0.189873
1986-05-22 0.075 0.203390
Additional Data
dividendRate 1.0
dividendYield 0.05
exDividendDate 2026-03-16
trailingAnnualDividendRate 1.0
trailingAnnualDividendYield 0.0004792118
lastDividendValue 1.0
lastDividendDate 2026-03-16
dividendDate 2026-03-25

Info Dump

Attribute Value
52 Week Change 0.07953918
Address1 A.S. Cooper Building
Address2 Suite 601 26 Reid Street
All Time High 2,333.0
All Time Low 24.125
Ask 2,099.53
Ask Size 10
Audit Risk 4
Average Daily Volume10 Day 18,210
Average Daily Volume3 Month 19,892
Average Volume 19,892
Average Volume10Days 18,210
Beta 0.282
Bid 2,093.69
Bid Size 40
Board Risk 3
Book Value 2,287.971
City Hamilton
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country Bermuda
Crypto Tradeable 0
Currency USD
Current Price 2,093.13
Current Ratio 1.423
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 2,101.495
Day Low 2,079.955
Debt To Equity 14.915
Display Name White Mountains Insurance
Dividend Date 1,774,396,800
Dividend Rate 1.0
Dividend Yield 0.05
Earnings Growth 0.688
Earnings Quarterly Growth 0.623
Earnings Timestamp 1,786,019,400
Earnings Timestamp End 1,793,881,800
Earnings Timestamp Start 1,793,881,800
Ebitda 748,600,000
Ebitda Margins 0.25132
Enterprise To Ebitda 7.527
Enterprise To Revenue 1.892
Enterprise Value 5,634,736,640
Eps Forward 90.0
Eps Trailing Twelve Months 436.5
Esg Populated 0
Ex Dividend Date 1,773,619,200
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 441 278 3170
Fifty Day Average 2,082.7783
Fifty Day Average Change 10.3515625
Fifty Day Average Change Percent 0.004970074
Fifty Two Week Change Percent 7.953918
Fifty Two Week High 2,333.0
Fifty Two Week High Change -239.87012
Fifty Two Week High Change Percent -0.102816164
Fifty Two Week Low 1,830.13
Fifty Two Week Low Change 262.99988
Fifty Two Week Low Change Percent 0.14370558
Fifty Two Week Range 1,830.13 - 2333.0
Financial Currency USD
First Trade Date Milliseconds 498,922,200,000
Five Year Avg Dividend Yield 0.06
Float Shares 2,276,939
Forward Eps 90.0
Forward P E 23.256998
Free Cashflow 687,000,000
Full Exchange Name NYSE
Full Time Employees 1,648
Fullday Change 7.73999
Fullday Change Percent 0.37090945
Fullday Price 2,093.13
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.53335
Gross Profits 1,588,700,032
Has Pre Post Market Data 1
Held Percent Insiders 0.03224
Held Percent Institutions 0.96294
Implied Shares Outstanding 2,386,721
Industry Insurance - Property & Casualty
Industry Disp Insurance - Property & Casualty
Industry Key insurance-property-casualty
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,773,619,200
Last Dividend Value 1.0
Last Fiscal Year End 1,767,139,200
Long Business Summary White Mountains Insurance Group, Ltd. provides insurance services in the United States, the United Kingdom, Bermuda, and internationally. It operates through Ark/WM Outrigger, HG Global, Kudu, Distinguished, and Other Operations segments. The company offers property insurance and reinsurance; specialty insurance and reinsurance consisting of aviation, contingency, cyber, fine art and specie, mortgage, nuclear, political and credit, space, surety, and terrorism and political violence; marine and energy insurance and reinsurance; casualty insurance and reinsurance, such as medical malpractice, and professional and general liability; and accident and health insurance and reinsurance, which includes personal accident, sickness, disability, travel, short-term life, and medical products through brokers, managing general agents (MGA), and reinsurance intermediaries. It also provides municipal bond guarantee reinsurance, which focuses on single risk limits for small-to-medium sized, and public investment grade municipal bonds that are issued to finance public purpose projects, including schools, utilities, and transportation facilities. In addition, the company offers capital solutions for boutique asset and wealth managers for generational ownership transfers, management buyouts, acquisition and growth finance, and legacy partner liquidity; strategic advice; investment management; and specialty electrical contracting services. Further, it operates as a full-service MGA and program administrator for specialty property and casualty insurance for the real estate and hospitality end markets, and start-up programs; and an MGA for leisure travel and global expatriate medical insurance in Israel, the European Union, and Australia. The company was formerly known as Fund American Enterprises Holdings, Inc. and changed its name to White Mountains Insurance Group, Ltd. in 1999. White Mountains Insurance Group, Ltd. was incorporated in 1980 and is headquartered in Hamilton, Bermuda.
Long Name White Mountains Insurance Group, Ltd.
Market us_market
Market Cap 4,995,717,120
Market State POST
Max Age 86,400
Message Board Id finmb_273887
Most Recent Quarter 1,782,777,600
Net Income To Common 1,098,599,936
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 5,162,148,047
Open 2,100.63
Operating Cashflow 388,200,000
Operating Margins 0.36408
Overall Risk 2
Payout Ratio 0.0023
Peg Ratio 0.81
Phone 441 278 3160
Previous Close 2,086.76
Price Hint 2
Price To Book 0.9148411
Price To Sales Trailing12 Months 1.6771468
Profit Margins 0.37664002
Quick Ratio 0.931
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 6.36987
Regular Market Change Percent 0.305252
Regular Market Day High 2,101.495
Regular Market Day Low 2,079.955
Regular Market Day Range 2,079.955 - 2101.495
Regular Market Open 2,100.63
Regular Market Previous Close 2,086.76
Regular Market Price 2,093.13
Regular Market Time 1,791,921,625
Regular Market Volume 16,099
Return On Assets 0.03546
Return On Equity 0.20364
Revenue Growth 0.225
Revenue Per Share 1,202.349
Sand P52 Week Change 0.17502642
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 3
Shares Outstanding 2,386,721
Shares Percent Shares Out 0.0585
Shares Short 139,645
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 131,685
Short Name White Mountains Insurance Group
Short Percent Of Float 0.060399998
Short Ratio 6.85
Source Interval 15
Symbol WTM
Total Cash 1,075,900,032
Total Cash Per Share 456.847
Total Debt 932,499,968
Total Revenue 2,978,700,032
Tradeable 0
Trailing Annual Dividend Rate 1.0
Trailing Annual Dividend Yield 0.0004792118
Trailing Eps 436.5
Trailing P E 4.7952576
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2,127.7493
Two Hundred Day Average Change -34.619385
Two Hundred Day Average Change Percent -0.016270425
Type Disp Equity
Volume 16,099
Website https://www.whitemountains.com
Zip HM 11