Hiscox (HCXLF) Expected to Post Quarterly Earnings on Wednesday

Hiscox (OTCMKTS:HCXLF) is expected to issue its resultson Wednesday, August 5th. Analysts expect the company to announce earnings of $0.7110 per share and revenue of $2.7313 billion for the quarter.

Hiscox Price Performance

HCXLF stock opened at $24.50 on Monday. Hiscox has a twelve month low of $17.20 and a twelve month high of $25.26. The business’s 50-day moving average price is $24.47 and its 200-day moving average price is $21.37.

Analysts Set New Price Targets

HCXLF has been the subject of several analyst reports. Morgan Stanley reissued an “overweight” rating on shares of Hiscox in a report on Friday, May 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Hiscox in a report on Monday, May 11th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Hiscox Company Profile

Hiscox Ltd is an internationally focused specialist insurer that provides a broad range of property and casualty insurance products to both personal and commercial clients. Through its retail division, the company offers high-net-worth home and art insurance, professional indemnity, cyber liability, and small business solutions. Hiscox also operates a Lloyd’s syndicate to underwrite specialty lines such as kidnap and ransom, marine, and political risk, and maintains a reinsurance and ILS (insurance-linked securities) business based in Bermuda.

The company’s product suite for private clients includes tailored coverage for fine art, collectibles, home contents, and motor vehicles, while its commercial arm serves niche sectors such as technology, media, healthcare, and financial institutions.