WTM
White Mountains Insurance GroupBNYSE / Insurance
Last Price
At close
2026-06-03
Current thesis
WTM still looks like a cautious book-value compounding story: core subsidiaries were operationally solid in Q1, Ark stayed profitable with a 91% combined ratio, HG Global improved written premium and pricing, and management still had roughly $0.8 billion of undeployed capital after recent WTM Partners deployments. The HG Global refinancing can reduce borrowing cost and improve cash flexibility, but that benefit should be monitored in subsequent filings rather than treated as a complete thesis shift.
Posture
Constructive
Lead driver
Momentum
What changed
Momentum remains the lead driver in the composite.
What can break
Ark recorded $25 million of estimated net losses tied to the war in Iran, and management said losses could increase because the war is ongoing.
Momentum
66
Value
64
Sentiment
55
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $2,160.00 · Bull $2,350.00 · Bear $1,900.00
Data freshness
Prices
As of 2026-06-03
Fundamentals
As of 2026-06-02 • Vendor: Data Vendor v1
Scores
As of 2026-06-03 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-16 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-03
Investment thesis
As of 2026-06-03
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Why
Momentum66 · Δ7d -
Value64 · Δ7d +0.5
Sentiment55 · Δ7d -
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
66
34% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Value
64
32% active weight
Current posture
7d trendFlat
Δ7d
+0.5
Δ21d
+0.5
Sentiment
55
33% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Why this grade
Composite grade B. Momentum 66.3 / Value 64.3 / Sentiment 55.1
Fundamentals (TTM)As of 2026-06-02
Fundamentals (TTM)
As of 2026-06-02
Market Cap
$5.08B
Beta
0.36
Shares Out
2.52M
P/E (TTM)
38.0
P/S (TTM)
2.09
P/FCF (TTM)
9.32
Rev YoY
-9.4%
EPS YoY
-36.6%
Gross Margin
-
Op Margin
+15.2%
Net Debt
$369.7M
Current Ratio
-
As of 2026-06-03 • Updated nightlySource: Internal modelMethodology