NYSE · WTMFinancialsInsurance

White Mountains Insurance Group Ltd. (WTM)

$2,376.30+3.93%
Close Nov 4, 2026 · split-adjusted
Nov 3, 2026$2286.53▲ 20.35% in range
Nov 3, 2025Low $1881.61 · High $2319.41Nov 3, 2026
What changed · written from our data
As of Nov 4, 2026

White Mountains Insurance Group closed at $2,376.30 on Nov 4, up 3.93% — matching its 52-week closing high. Volume of 24.5K shares was 1.06× its 20-day average (close to normal).

Split-adjusted performance: +16.6% over one month, +14.2% over six months, +25.1% over one year.

In the quarter ended Jun 30, 2026, revenue was $844.60M, up 22.5% from a year earlier, with a net margin of 23.0%.

Short interest was 146.9K shares at the Oct 15 settlement, up 5.2% from the prior report (6.3% of float, 7.3 days to cover).

Market cap$5.67B2.4M shares
Revenue · quarter$844.6M+22.5% YoY
Diluted EPS$80.58+68.8% YoY
P/E · TTM5.2×P/S 1.5×
Net margin23.0%Gross 66.7%
Dividend yield0.04%$1 last paid
52-week range1881.61 – 2376.300.0% from high
Volume24.5K1.06× 20-day avg
Volatility · 60d16.4%Annualised
Short % of float6.3%7.3 days to cover
Net cash-$805.0MCash $127.5M
Next earnings—Not scheduled
Split-adjusted performance
1W +7.6%1M +16.6%3M +11.0%6M +14.2%YTD +14.4%1Y +25.1%3Y +64.2%5Y +122.8%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Insurance

Percentile among 129 companies (100 = best)

6-month momentum43
Revenue growth77
Net margin82
Value (low P/E)91
Size56

Industry medians: 6-month return +15.9%, revenue growth +6.7%, net margin 10.3%, P/E 12.6×.

Short interest

Details →
Shares short146.9K+5.2% vs prior
Days to cover7.3Settled Oct 15
% of float6.3%
Short vol. 10d71.0%of daily volume

Closest peers by size in Insurance

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
WTMWhite Mountains Insurance Group$2,376.30+3.93%+14.2%+22.5%23.0%5.2$5.67B
RYANRyan Specialty Holdings$47.54+3.96%+61.8%+4.8%4.7%54.4$5.69BCompare
MTGMGIC Investment$29.13+1.71%+10.3%−2.9%61.7%8.4$5.98BCompare
CNOCNO Financial Group$57.73+0.59%+26.3%+11.6%9.8%18.9$5.29BCompare
SIGISelective Insurance Group$103.20+2.62%+24.3%−2.5%9.5%12.3$6.15BCompare
ESNTEssent Group$69.34+2.41%+12.9%+11.2%68.5%9.2$6.23BCompare
RLIRLI$68.91+3.10%+40.6%−6.3%17.0%16.0$6.32BCompare
MCYMercury General$88.93−13.42%−7.4%+13.8%15.7%5.3$4.93BCompare
ACTEnact Holdings$48.24+1.56%+12.0%+4.1%55.1%9.7$6.63BCompare

Quick answers

What does White Mountains Insurance Group do?
White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services, and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in five areas: property and casualty insurance and reinsurance, municipal bond reinsurance, capital solutions for asset and wealth management firms, property and casualty insurance distribution, and other operations.
What is WTM's market cap?
$5.67B, based on the Nov 4 close of $2,376.30.
What is WTM's P/E ratio?
5.2× trailing-twelve-month earnings of $1.10B.
Does White Mountains Insurance Group pay a dividend?
Yes. The latest regular dividend was $1 per share (ex-date Mar 16), an annualised yield of 0.04%.
How much of WTM is sold short?
146.9K shares, 6.3% of float, as of Oct 15, 2026.
What sector is WTM in?
Financials, in the Insurance industry.

About White Mountains Insurance Group

White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services, and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in five areas: property and casualty insurance and reinsurance, municipal bond reinsurance, capital solutions for asset and wealth management firms, property and casualty insurance distribution, and other operations. The company has four reportable segments: Ark/WM Outrigger, HG Global, Kudu and Distinguished.

HQ: Hanover, NH1,648 employeesListed Oct 23, 1985whitemountains.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology