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Model output · Signal date 2026-10-16

White Mountains Insurance Group Ltd (WTM) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE

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Rating · 90D ▼ Bearish Exact rating locked
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage Bottom 35% of 5172 stocks scored
Rank correlation · 90D 45.0% Spearman, 357 dates
Market Cap $5.16B mid-cap · #23 of 55 peers
Summary

White Mountains Insurance Group Ltd (WTM) stock forecast summary

Our AI ranks White Mountains Insurance Group Ltd outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

White Mountains Insurance Group Ltd is a mid-cap company with a market capitalization of $5.16B. It ranks number 23 by market capitalization among the 55 Fire, Marine & Casualty Insurance issuers in our coverage with a current forecast.

For WTM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 45.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 31.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

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Price

WTM price chart and AI forecast

WTM
Cross-section · 2026-10-16

How WTM ranks among 5172 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

White Mountains Insurance Group Ltd (WTM) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Fire, Marine & Casualty Insurance peers listed below that report each metric.

Valuation & Market

MetricWTMIndustry medianRank
Market Cap $5.16B $2.92B 23/55
P/E Ratio 4.93x 10.02x 47/49
P/B Ratio 0.96x 1.51x 48/54
Dividend Yield 0.24% 1.83% 31/33
EPS $437.19 – –
Book Value/Share $2257.62 – –
Revenue/Share $1604.88 – –

Profitability & Margins

MetricWTMIndustry medianRank
ROE 20.8% 18.8% 19/51
ROA 8.2% 4.0% 9/50
Gross Margin 94.1% – –
Net Margin 29.3% 14.0% 4/51
EBT Margin 34.2% 17.2% 7/51
Tax Rate 9.9% – –

Financial Health

MetricWTMIndustry medianRank
D/E Ratio 1.39x 3.04x 51/55
Financial Leverage 2.55x 4.04x 48/52

Cash Flow

MetricWTMIndustry medianRank
Operating Cash Flow $388M $409M 30/56
OCF Growth YoY -17.5% 2.8% 35/44

Operational Efficiency

MetricWTMIndustry medianRank
Asset Turnover 0.28x 0.29x 27/50

Income Statement

MetricWTMIndustry medianRank
Total Revenue $3.83B $1.75B 22/55
Net Income $1.12B $310M 14/51
Cost of Goods Sold $225M – –

Dividend & Shareholder Information

MetricWTMIndustry medianRank
Dividends Per Share $5.28 – –
Payout Ratio 1.2% 17.2% 31/31
Shares Outstanding 2M – –
Net Income Growth 446.2% 30.4% 1/40
EPS Growth 449.0% 31.9% 1/43

Balance Sheet Highlights (USD millions)

Cash & Short-term Investments$99M0.8% of assets
Total Liabilities$7.51B58.3% of assets
Quarterly Financial Reports

WTM quarterly financials and insider trading

Industry Peers · Fire, Marine & Casualty Insurance

White Mountains Insurance Group Ltd (WTM) industry peers

Companies classified under the same SEC industry code as White Mountains Insurance Group Ltd (Fire, Marine & Casualty Insurance): 56 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
WTM White Mountains Insurance Group Ltd ▼ $5.16B 4.9x 1.0x
BRK-B Berkshire Hathaway Inc ▼ $1.14T 13.3x 4.6x
CB Chubb Ltd ▼ $141.60B 12.7x 1.9x
PGR Progressive Corp/Oh/ ▶ $127.02B 11.0x 3.7x
TRV Travelers Companies, Inc. ▼ $81.25B 10.2x 2.8x
ALL Allstate Corp ▶ $62.68B 5.0x 1.9x
AIG American International Group, Inc. ▼ $42.22B 14.7x 1.0x
HIG Hartford Insurance Group, Inc. ▼ $36.60B 8.8x 1.9x
ACGL Arch Capital Group Ltd. ▼ $34.56B 7.9x 1.4x
WRB Berkley W R Corp ▼ $28.00B 15.5x 2.9x
CINF Cincinnati Financial Corp ▼ $26.28B 8.3x 1.6x
MKL Markel Group Inc. ▼ $22.92B 10.2x 1.2x
L Loews Corp ▼ $22.59B 13.6x 1.3x
EG Everest Group, Ltd. ▶ $14.92B 8.2x 1.0x
RNR Renaissancere Holdings Ltd ▼ $14.59B 6.8x 1.2x
CNA Cna Financial Corp ▶ $12.96B 12.7x 1.2x
AFG American Financial Group Inc ▼ $12.37B 13.0x 2.6x
KNSL Kinsale Capital Group, Inc. ▼ $8.32B 14.8x 4.1x
THG Hanover Insurance Group, Inc. ▼ $8.11B 11.1x 2.2x
AXS Axis Capital Holdings Ltd ▼ $7.68B 7.5x 1.2x
MCY Mercury General Corp ▶ $5.69B 6.1x 2.0x
RLI Rli Corp ▼ $5.60B 12.6x 3.2x
SIGI Selective Insurance Group Inc ▼ $5.31B 11.1x 1.5x
PLMR Palomar Holdings, Inc. ▼ $3.67B 18.8x 3.8x
HG Hamilton Insurance Group, Ltd. ▶ $3.56B 5.6x 1.3x
LMND Lemonade, Inc. ▲ $3.42B – 6.9x
SLDE Slide Insurance Holdings, Inc. ▲ $3.16B 5.6x 2.7x
SPNT Siriuspoint Ltd ▶ $2.92B 6.8x 1.3x
SKWD Skyward Specialty Insurance Group, Inc. ▼ $2.72B 14.3x 2.1x
HCI Hci Group, Inc. ▶ $2.47B 8.5x 2.3x
PLGO Pelagos Insurance Capital Ltd ▶ $2.10B 7.0x 0.9x
HMN Horace Mann Educators Corp /De/ ▶ $1.88B 11.0x 1.3x
SAFT Safety Insurance Group Inc ▼ $1.53B 18.5x 1.7x
KMPR Kemper Corp ▼ $1.46B – 0.7x
UFCS United Fire Group Inc ▶ $1.45B 9.3x 1.5x
UVE Universal Insurance Holdings, Inc. ▶ $1.31B 6.2x 2.1x
ASIC Ategrity Specialty Insurance Co Holdings ▲ $1.31B 14.7x 2.0x
HRTG Heritage Insurance Holdings, Inc. ▶ $1.06B 4.5x 1.9x
HIPO Hippo Holdings Inc. ▶ $931M 7.9x 2.0x
EIG Employers Holdings, Inc. ▶ $920M 62.5x 1.1x
ROOT Root, Inc. ▶ $787M 14.1x –
DGICA Donegal Group Inc ▶ $693M 9.8x 1.0x
TIPT Tiptree Inc. ▼ $623M 17.0x 1.2x
AII American Integrity Insurance Group, Inc. ▲ $539M 5.9x 1.5x
ACIC American Coastal Insurance Corp ▶ $525M 5.4x 1.5x
GLRE Greenlight Capital Re, Ltd. ▶ $484M 6.4x 0.7x
AMSF Amerisafe Inc ▼ $468M 10.0x 1.9x
GBLI Global Indemnity Group, Llc ▲ $355M 13.5x 0.5x
NODK Ni Holdings, Inc. ▶ $302M 185.2x 1.2x
KWY Kingsway Corp ▲ $277M – 21.6x
KINS Kingstone Companies, Inc. ▲ $271M 5.9x 2.1x
JRVR James River Group Holdings, Inc. ▼ $177M 4.6x 0.3x
KG Kestrel Group Ltd ▲ $36M – 0.3x
PRHI Presurance Holdings, Inc. ▲ $30M – 1.1x
OXBR Oxbridge Re Holdings Ltd ▲ $8M – 1.2x
MHLA Maiden Holdings, Ltd. ▶ N/A – –

Where WTM sits on the market map

Finance · Fire, Marine & Casualty Insurance
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FAQ

White Mountains Insurance Group Ltd (WTM) stock forecast FAQ

What is the White Mountains Insurance Group Ltd (WTM) stock forecast?

Our AI ranks White Mountains Insurance Group Ltd outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

How accurate are White Mountains Insurance Group Ltd stock predictions?

For WTM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 45.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 31.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are White Mountains Insurance Group Ltd forecasts updated?

White Mountains Insurance Group Ltd forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are White Mountains Insurance Group Ltd's industry peers?

56 issuers in our coverage, WTM included, share the SEC industry code Fire, Marine & Casualty Insurance. The largest are: Berkshire Hathaway Inc (BRK-B), Chubb Ltd (CB), Progressive Corp/Oh/ (PGR), Travelers Companies, Inc. (TRV), Allstate Corp (ALL), American International Group, Inc. (AIG).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.