Pelagos Insurance Capital/$PLGO
Pelagos shares rise after Q3 revenue beat expectations and the company reported premium growth, alongside a higher dividend and expanded share-repurchase authorisation, despite lower net earnings.
4 hours agoLightyear AI
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Pelagos Insurance Capital
Pelagos Insurance Capital Ltd operates in the specialty insurance and reinsurance sector. Its activities include capital allocation, risk selection, and the deployment of capital through underwriting partnerships across insurance and reinsurance markets. The company manages a diversified portfolio and works with underwriting partners to provide insurance and reinsurance solutions to clients and brokers.
- Ticker
- $PLGO
- Sector
- Finance
- Primary listing
- NYSE
- Employees
- 108
- Headquarters
- Pembroke, Bermuda
PLGO Metrics
BasicAdvanced
$2.3B
6.72
$4.16
0.29
$0.60
2.15%
Price and volume
Market cap
$2.3B
Beta
0.29
52-week high
$28.85
52-week low
$17.87
Average daily volume
395K
Dividend rate
$0.60
Financial strength
Current ratio
1.098
Quick ratio
0.649
Long term debt to equity
0.324
Total debt to equity
0.324
Dividend payout ratio (TTM)
14.00%
Interest coverage (TTM)
9.12%
Profitability
Gross margin (TTM)
25.19%
Net profit margin (TTM)
15.94%
Operating margin (TTM)
20.68%
Effective tax rate (TTM)
12.83%
Revenue per employee (TTM)
$23,270,000
Management effectiveness
Return on assets (TTM)
2.41%
Return on equity (TTM)
17.64%
Valuation
Price to earnings (TTM)
6.72
Price to revenue (TTM)
1.062
Price to book
1.04
Price to tangible book (TTM)
1.04
Price to free cash flow (TTM)
4.237
Free cash flow yield (TTM)
23.60%
Free cash flow per share (TTM)
6.601
Dividend yield (TTM)
2.15%
Forward dividend yield
2.15%
Growth
Revenue change (TTM)
-3.61%
Earnings per share change (TTM)
-1,145.94%
3-year revenue growth (CAGR)
13.31%
3-year earnings per share growth (CAGR)
-29.47%
What the Analysts think about PLGO
Analyst ratings (Buy, Hold, Sell) for Pelagos Insurance Capital stock.
Analyst projections of the future price of Pelagos Insurance Capital stock.
Bulls say / Bears say
For the first nine months, underwriting income rose to $146 million from $10.4 million and the combined ratio improved to 92.4% from 99.5%; catastrophe and large losses also fell to $350 million from $465 million. Favourable reserve development helped the comparison, so not all of the improvement necessarily reflects current-year underwriting. (Business Wire)
Gross premiums written grew 6.4% in the first nine months, with management attributing growth to its expanding underwriting-partner network and expecting full-year growth at the high end of its mid-single-digit range. New partners have already supplied more than $400 million of premium outside the main partnership, giving the company another route to grow. (Business Wire, Investing.com)
Pelagos returned $400.5 million to shareholders in the first nine months and has raised its quarterly dividend to $0.22 while renewing a $400 million share-buyback authorisation. This offers investors a direct return of capital alongside the company’s growth plans. (Pelagos Insurance Capital, Business Wire)
Catastrophe and large losses more than doubled year on year to $115.9 million in the third quarter, mainly from conflicts in the Black Sea and Middle East affecting Marine. The combined ratio worsened to 91.5% from 79.0%, while annualised operating return on equity fell to 15.3% from 21.4%. (Business Wire)
Investment results were a drag: Pelagos recorded $27.4 million of net realised and unrealised investment losses in the quarter, while net investment income slipped to $44.6 million from $45.9 million. Continued market swings could add volatility to reported earnings and book value. (Business Wire)
The underwriting-partner network remains concentrated: around 90% of premium was still sourced through The Fidelis Partnership, with newer partners accounting for about 10% of year-to-date gross premiums. That leaves diversification and further growth dependent on successfully expanding newer relationships. (Global Reinsurance, Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 12 Nov 2026.
PLGO Financial Performance
Revenues and expenses
PLGO Earnings Performance
Company profitability
Upcoming events
PLGO News
AllArticlesVideos
Funds containing PLGO
Fund name | Fund size | $PLGO weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | $5B | 0.05% |
SPDR Russell 2000 US Small Cap£R2SC | $5B | 0.05% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.