Pelagos Insurance Capital Debuts PLGO Ticker, Eyes Q1 EPS $0.74 on $903M Revenue
Pelagos Insurance Capital Limited completed its name change from Fidelis Insurance Holdings on May 11 and began trading under the PLGO ticker on May 12. It will report Q1 2026 results after market close on May 13, with analysts forecasting EPS of $0.74 on $903.16 million revenue.
1. Rebranding and Ticker Launch
Pelagos Insurance Capital completed its legal name change from Fidelis Insurance Holdings on May 11, and its shares began trading under the new PLGO ticker on May 12. The rebrand follows shareholder approval and reflects the company’s focus on connecting investor capital with insurance risk.
2. Q1 2026 Earnings Preview
The company is set to release first-quarter 2026 financial results after market close on May 13, followed by an earnings call at 9:00 a.m. ET on May 14. Investors will look for insights into underwriting discipline and capital allocation trends in the upcoming report.
3. Analyst Expectations
Analysts forecast EPS of $0.74 and revenue of $903.16 million for the quarter ended March 31, 2026. These figures provide a baseline for evaluating performance under the new brand and ticker.
4. Valuation Metrics and Market Outlook
Shares trade at a trailing P/E of 9.67, a P/S of 0.70 and a debt-to-equity ratio of 0.36, while operating cash flow for the past year was -$408.3 million. Investors will assess whether Pelagos can maintain disciplined underwriting and capital allocation in a competitive reinsurance market.