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White Mountains Insurance Group, Ltd. (WTM)

Financial Services | Insurance - Property & Casualty | Hamilton, Bermuda | NYSE
2,174.96 USD -6.23 (-0.286%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 2,174.96

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 5:07 a.m. EDT

The investment case for White Mountains is currently bifurcated by a stark divergence between its historical business quality and its recent operational performance. The long-term trajectory over the last nine years has been robust, delivering a cumulative gain of over 116% with eight out of nine years showing positive growth, suggesting a fundamentally sound franchise that the market has historically rewarded. However, the most recent annual period marks a significant inflection point with reported revenue contraction of approximately 10.8%, breaking the streak of expansion. This recent decline, combined with a trailing twelve-month revenue drop, creates uncertainty about whether the company can sustain its previous growth engine, capping the long-term conviction at neutral despite the impressive historical run. In the short term, the price action reflects this ambiguity. While the stock recently rallied off its lows to trade near the upper end of its fifty-two-week range, the immediate momentum is tepid. The statistical forecasting model indicates a flat predicted direction for the coming 45 days with only moderate confidence, offering no clear catalyst for a near-term breakout. The low beta suggests the stock will likely remain range-bound until a clearer trend emerges in earnings or capital deployment. The dividend profile remains stable but modest. The company has maintained a consistent $1.00 quarterly payout over the last five years, resulting in a yield of roughly 0.5%. Given the recent revenue headwinds and the fact that the payout ratio appears extremely low relative to earnings (suggesting either massive retained earnings or a specific accounting structure), the yield is insufficient to compensate for the lack of growth or provide a meaningful income buffer. It is a non-core holding for income investors. Overall, the stock sits in a 'wait and see' zone where the long-term brand strength is intact, but the immediate execution risks have introduced enough doubt to prevent a bullish rating.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.039918
AutoETS0.040663
MSTL0.043492
AutoTheta0.055272

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 51%
H-stat 5.80
Ljung-Box p 0.000
Jarque-Bera p 0.168
Excess Kurtosis -1.38
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-03-15
Last Dividend Date 2026-03-15
Debt to Equity Ratio 13.517
Revenue per Share 1124.418
Market Cap 5,386,658,304
Trailing P/E 5.38
Forward P/E 24.17
Beta 0.29
Profit Margins 37.02%
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 0.00045846534
lastDividendValue 1.0
lastDividendDate 2026-03-16
dividendDate 2026-03-25

Info Dump

Attribute Value
52 Week Change 0.1913538
Address1 A.S. Cooper Building
Address2 Suite 601 26 Reid Street
All Time High 2,333.0
All Time Low 24.125
Ask 2,189.0
Ask Size 20
Audit Risk 4
Average Daily Volume10 Day 19,100
Average Daily Volume3 Month 20,408
Average Volume 20,408
Average Volume10Days 19,100
Beta 0.29
Bid 2,175.85
Bid Size 20
Board Risk 3
Book Value 2,197.768
City Hamilton
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country Bermuda
Crypto Tradeable 0
Currency USD
Current Price 2,174.96
Current Ratio 1.589
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 2,201.81
Day Low 2,157.5
Debt To Equity 13.517
Display Name White Mountains Insurance
Dividend Date 1,774,396,800
Dividend Rate 1.0
Dividend Yield 0.05
Earnings Timestamp 1,778,070,600
Earnings Timestamp End 1,786,019,400
Earnings Timestamp Start 1,786,019,400
Ebitda 654,600,000
Ebitda Margins 0.23186001
Enterprise To Ebitda 8.128
Enterprise To Revenue 1.884
Enterprise Value 5,320,333,824
Eps Forward 90.0
Eps Trailing Twelve Months 404.39
Esg Populated 0
Ex Dividend Date 1,773,619,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 441 278 3170
Fifty Day Average 2,094.7307
Fifty Day Average Change 80.22925
Fifty Day Average Change Percent 0.038300507
Fifty Two Week Change Percent 19.13538
Fifty Two Week High 2,333.0
Fifty Two Week High Change -158.04004
Fifty Two Week High Change Percent -0.067741126
Fifty Two Week Low 1,648.0
Fifty Two Week Low Change 526.95996
Fifty Two Week Low Change Percent 0.31975725
Fifty Two Week Range 1,648.0 - 2333.0
Financial Currency USD
First Trade Date Milliseconds 498,922,200,000
Five Year Avg Dividend Yield 0.07
Float Shares 2,366,178
Forward Eps 90.0
Forward P E 24.166222
Free Cashflow 246,350,000
Full Exchange Name NYSE
Full Time Employees 1,648
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.52237
Gross Profits 1,474,800,000
Has Pre Post Market Data 1
Held Percent Insiders 0.031070001
Held Percent Institutions 0.94192004
Implied Shares Outstanding 2,476,670
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 5,386,658,304
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_273887
Most Recent Quarter 1,774,915,200
Net Income To Common 1,025,699,968
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 5,402,087,837
Open 2,192.7
Operating Cashflow 621,200,000
Operating Margins 0.0027200002
Overall Risk 2
Payout Ratio 0.0025
Peg Ratio 0.81
Phone 441 278 3160
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 2,174.96
Post Market Time 1,783,981,120
Previous Close 2,181.19
Price Hint 2
Price To Book 0.9896222
Price To Sales Trailing12 Months 1.9079298
Profit Margins 0.37023997
Quick Ratio 1.131
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -6.22998
Regular Market Change Percent -0.285623
Regular Market Day High 2,201.81
Regular Market Day Low 2,157.5
Regular Market Day Range 2,157.5 - 2201.81
Regular Market Open 2,192.7
Regular Market Previous Close 2,181.19
Regular Market Price 2,174.96
Regular Market Time 1,783,972,815
Regular Market Volume 13,520
Return On Assets 0.03319
Return On Equity 0.19666
Revenue Growth -0.108
Revenue Per Share 1,124.418
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 3
Shares Outstanding 2,476,670
Shares Percent Shares Out 0.0504
Shares Short 124,761
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 90,960
Short Name White Mountains Insurance Group
Short Percent Of Float 0.0519
Short Ratio 5.56
Source Interval 15
Symbol WTM
Total Cash 1,634,700,032
Total Cash Per Share 668.594
Total Debt 834,800,000
Total Revenue 2,823,300,096
Tradeable 0
Trailing Annual Dividend Rate 1.0
Trailing Annual Dividend Yield 0.00045846534
Trailing Eps 404.39
Trailing P E 5.378372
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2,069.1472
Two Hundred Day Average Change 105.812744
Two Hundred Day Average Change Percent 0.051138334
Type Disp Equity
Volume 13,520
Website https://www.whitemountains.com
Zip HM 11