Watford Holdings Ltd., together with its subsidiaries, operates as a property, casualty, and mortgage insurance and reinsurance company worldwide. More Details
Moderate growth potential with imperfect balance sheet.
Share Price & News
How has Watford Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WTRE is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: WTRE's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
1 Year Return
Return vs Industry: WTRE exceeded the US Insurance industry which returned -6.7% over the past year.
Return vs Market: WTRE exceeded the US Market which returned 21% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Watford Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StShould You Take Comfort From Insider Transactions At Watford Holdings Ltd. (NASDAQ:WTRE)?
4 months ago | Simply Wall StReflecting on Watford Holdings' (NASDAQ:WTRE) Share Price Returns Over The Last Year
5 months ago | Simply Wall StWhat Kind Of Shareholders Own Watford Holdings Ltd. (NASDAQ:WTRE)?
Is Watford Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate WTRE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WTRE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WTRE is unprofitable, so we can't compare its PE Ratio to the US Insurance industry average.
PE vs Market: WTRE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WTRE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WTRE is good value based on its PB Ratio (0.8x) compared to the US Insurance industry average (0.9x).
How is Watford Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WTRE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: WTRE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: WTRE's is expected to become profitable in the next 3 years.
Revenue vs Market: WTRE's revenue (9.3% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: WTRE's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if WTRE's Return on Equity is forecast to be high in 3 years time
How has Watford Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WTRE is currently unprofitable.
Growing Profit Margin: WTRE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WTRE is unprofitable, and losses have increased over the past 5 years at a rate of 56.8% per year.
Accelerating Growth: Unable to compare WTRE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WTRE is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (6%).
Return on Equity
High ROE: WTRE has a negative Return on Equity (-1.43%), as it is currently unprofitable.
How is Watford Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: WTRE's short term assets ($1.3B) do not cover its short term liabilities ($1.4B).
Long Term Liabilities: WTRE's short term assets ($1.3B) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: WTRE's debt to equity ratio (61.2%) is considered high.
Reducing Debt: WTRE's debt to equity ratio has increased from 32.2% to 61.2% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable WTRE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WTRE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.5% per year.
What is Watford Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WTRE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WTRE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WTRE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WTRE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WTRE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jon Levy (44 yo)
Mr. Jonathan D. Levy, also known as Jon, serves as President at Watford Re Ltd. He serves as President Watford Holdings Ltd since February 2018. He serves as Chief Executive Officer at Watford Re Ltd since...
CEO Compensation Analysis
Compensation vs Market: Jon's total compensation ($USD2.15M) is about average for companies of similar size in the US market ($USD2.59M).
Compensation vs Earnings: Jon's compensation has increased whilst the company is unprofitable.
|President & CEO||0.58yr||US$2.15m||0.12% |
|Chief Financial Officer||5.33yrs||US$1.27m||0.11% |
|Chief Operating Officer||3.83yrs||no data||0.098% |
|Chief Accounting Officer||3.83yrs||no data||no data|
|Head of U.S Insurance Operations||5.17yrs||no data||0.065% |
|Chief Risk Officer||0.83yr||no data||no data|
Experienced Management: WTRE's management team is considered experienced (3.8 years average tenure).
|Independent Director||3.67yrs||US$140.00k||0.020% |
|Independent Chairman of the Board||6.67yrs||US$175.00k||0.23% |
|Director||6.67yrs||no data||0.55% |
|Independent Director||3.17yrs||US$140.00k||0.020% |
|Independent Director||6.67yrs||US$140.00k||0.020% |
|Director||2.67yrs||no data||0.30% |
|Independent Director||3.5yrs||US$140.00k||0.041% |
Experienced Board: WTRE's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Watford Holdings Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Watford Holdings Ltd.
- Ticker: WTRE
- Exchange: NasdaqGS
- Founded: 2013
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: US$688.885m
- Shares outstanding: 19.89m
- Website: https://www.watfordre.com
Number of Employees
- Watford Holdings Ltd.
- Waterloo House
- 1st Floor
- HM 08
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WTRE||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||Mar 2019|
|2WH||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 2019|
|WTRE.P||NasdaqGS (Nasdaq Global Select)||8.5% CUM RED PFD||US||USD||Jun 2019|
Watford Holdings Ltd., together with its subsidiaries, operates as a property, casualty, and mortgage insurance and reinsurance company worldwide. The company offers casualty reinsurance products, such as ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/01 23:20|
|End of Day Share Price||2020/12/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.