Maiden Holdings Ltd chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.85
Dividend & YieldN/A$ (N/A)
Beta 1.16
Market capitalization 182.19M
Operating cash flow -194.51M
ESG Scores unknown

Company description

Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments: Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and excess of loss basis. It also offers auto and credit life insurance products through its insurer partners to retail clients; and a range of legacy services to small insurance companies. The company was founded in 2007 and is headquartered in Pembroke, Bermuda.

Sector: Financial Services - Industry: Insurance—Reinsurance

Financial Ratios
Quick Ratio8.95
Working Capital0.02
Return On Equity0.12
Debt To Equity1.13
Fixed Asset Ratio0.02
Fixed Interest Cover1.58

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -25.11M -560.61M -77.78M -43.42M
Total Cashflows From Investing Activities 32.9M 913.18M 596.04M 464.06M
Net Borrowings
Total Cash From Financing Activities -68.03M -18k -30.13M -138.9M
Change To Operating Activities 670.2M -447.64M -495.87M -357.8M
Issuance Of Stock 31k
Net Income -544.62M -131.9M 41.76M 26.64M
Change In Cash 145.6M -229.82M 28.55M -69.74M
Effect Of Exchange Rate -1.56M -382k 4.41M -470k
Total Cash From Operating Activities 182.29M -1.14B -541.77M -394.43M
Depreciation 4.9M 5.91M 6.24M 3.45M
Change To Account Receivables
Other Cashflows From Financing Activities -166k -166k -166k -166k
Change To Netincome 76.91M -8.35M -16.13M -23.31M
Capital Expenditures

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -449.85M -110.27M 41.66M 26.66M
Net Income -544.62M -131.9M 41.76M 26.64M
Selling General Administrative 59.44M 47.22M 39.12M 36.02M
Gross Profit -370.05M -46.45M 103.53M 66.57M
Ebit -429.49M -93.67M 64.41M 30.55M
Operating Income -429.49M -93.67M 64.41M 30.55M
Interest Expense -19.32M -19.32M -19.32M -19.33M
Income Tax Expense 441k -911k -104k 15k
Total Revenue 2.16B 576.13M 184.12M 98.72M
Cost Of Revenue 2.53B 622.59M 80.59M 32.15M
Total Other Income ExpenseNet -20.36M -16.6M -22.75M -3.89M
Net Income From Continuing Ops -450.29M -109.36M 41.76M 26.64M
Net Income Applicable To Common Shares -570.28M -131.9M 78.57M 116.62M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 4.73B 3.06B 2.42B 1.94B
Total Stockholder Equity 89.28M 42.72M 133.51M 225.05M
Other Current Liabilities 1.29B 220.27M 144.27M 100.13M
Total Assets 5.29B 3.57B 2.95B 2.32B
Common Stock 879k 882k 898k 923k
Other Current Assets 428.54M 1.4B 1.33B 1.26B
Retained Earnings -563.89M -695.79M -615.84M -498.3M
Treasury Stock -97.13M -13.7M -7.68M -46.23M
Cash 200.84M 48.2M 74.04M 26.67M
Total Current Liabilities 1.35B 250.37M 195.63M 144.2M
Other Stockholder Equity -65.62M 17.84M 23.86M -12.21M
Property, Plant, and Equipment 2.34M 1.64M 473k
Total Current Assets 629.38M 1.45B 1.4B 1.29B
Net Tangible Assets 89.28M 42.72M 133.51M 225.05M
Net Receivables
Accounts Payable 855.91M


Insider Transactions

Here are the insider transactions of stock shares related to Maiden Holdings Ltd:

Filer Name Transaction Text Ownership Date Filer Relation Shares
METZ LAWRENCE FSale at price 2.03 per share.D2022-06-21Chief Executive Officer10k
NEFF RAYMOND MICHAELStock Award(Grant) at price 0.00 per share.D2022-06-01Director26.64k
LYONS SIMCHA GStock Award(Grant) at price 0.00 per share.D2022-06-01Director26.64k
NIGRO STEVEN HAROLDStock Award(Grant) at price 0.00 per share.D2022-06-01Director30.74k
THOMAS KEITH AStock Award(Grant) at price 0.00 per share.D2022-06-01Director26.64k
BLANCHARD HOLLY LYNNStock Award(Grant) at price 0.00 per share.D2022-06-01Director26.64k
METZ LAWRENCE FSale at price 2.16 per share.D2022-04-18Chief Executive Officer10k
JARMAN WILLIAM TStock Award(Grant) at price 0.00 per share.D2022-03-31Officer119.05k
METZ LAWRENCE FSale at price 2.54 per share.D2022-03-18Chief Executive Officer10k
HAVERON PATRICK JStock Award(Grant) at price 0.00 per share.D2022-03-15Chief Executive Officer362.35k
METZ LAWRENCE FStock Award(Grant) at price 0.00 per share.D2022-03-15Chief Executive Officer362.35k
JARMAN WILLIAM TStock Award(Grant) at price 0.00 per share.D2022-03-15Officer78.43k
HAVERON PATRICK JStock Award(Grant) at price 0.00 per share.D2021-11-05Chief Executive Officer37.28k
NIGRO STEVEN HAROLDPurchase at price 3.12 per share.D2021-08-13Director15k
METZ LAWRENCE FStock Award(Grant) at price 0.00 per share.D2021-08-06Chief Executive Officer45.05k
THOMAS KEITH ASale at price 3.47 - 3.54 per share.D2021-06-11Director30k
NEFF RAYMOND MICHAELStock Award(Grant) at price 0.00 per share.D2021-06-01Director18.46k
LYONS SIMCHA GStock Award(Grant) at price 0.00 per share.D2021-06-01Director18.46k
NIGRO STEVEN HAROLDStock Award(Grant) at price 0.00 per share.D2021-06-01Director21.31k
THOMAS KEITH AStock Award(Grant) at price 0.00 per share.D2021-06-01Director18.46k
BLANCHARD HOLLY LYNNStock Award(Grant) at price 0.00 per share.D2021-06-01Director18.46k
THOMAS KEITH ASale at price 3.28 per share.D2021-05-18Director15k
LYONS SIMCHA GPurchase at price 3.55 per share.D2021-05-13Director14.09k
HAINES MICHAEL CStock Award(Grant) at price 0.00 per share.D2021-04-23Officer43.86k
JARMAN WILLIAM TStock Award(Grant) at price 0.00 per share.D2021-04-23Officer43.86k
HAVERON PATRICK JStock Award(Grant) at price 0.00 per share.D2021-03-19Chief Executive Officer483.87k
METZ LAWRENCE FStock Award(Grant) at price 0.00 per share.D2021-03-19Chief Executive Officer320.58k
HAVERON PATRICK JStock Award(Grant) at price 0.00 per share.D2021-03-03Chief Executive Officer661.21k
METZ LAWRENCE FStock Award(Grant) at price 0.00 per share.D2021-03-03Chief Executive Officer661.21k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Maiden Holdings Ltd. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Maiden Holdings Ltd

Here is the result of two systematic investment strategies applied to Maiden Holdings Ltd. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Maiden Holdings Ltd

The following chart shows the equity curve of the two systematic investment strategies applied to Maiden Holdings Ltd:

Maiden Holdings Ltd automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 145.93% on the backtest period.

Performance at glance

Performance

145.93 %

Latent gain

3289.49 $

Invested capital

2254.15 $

Annualized return

35.25 %
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Momentum strategy results on Maiden Holdings Ltd

This is the result of two momentum investment strategies applied to Maiden Holdings Ltd. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Maiden Holdings Ltd

The following chart shows all the entries opened by the momentum investment system on Maiden Holdings Ltd:

Maiden Holdings Ltd momentum entries
  • The first momentum investment strategy would give 208.74% of return on Maiden Holdings Ltd. That represents 13583.79$ of latent gain with 6507.45$ of employed capital.
  • The second momentum investment strategy would give 314.85% of return on Maiden Holdings Ltd. That represents 9445.0$ of latent gain with 2999.84$ of employed capital.
Performance at glance (1Q Momentum)

Performance

208.74 %

Latent gain

13583.79 $

Invested capital

6507.45 $

Annualized return

-0.29 %
Performance at glance (2Q Momentum)

Performance

314.85 %

Latent gain

9445.0 $

Invested capital

2999.84 $

Annualized return

86.02 %

Momentum equity curve on Maiden Holdings Ltd

The following chart shows the equity curve of the two momentum strategies applied to Maiden Holdings Ltd:

Maiden Holdings Ltd momentum equity

Note: the dividends potentially given by Maiden Holdings Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Maiden Holdings Ltd

The following chart shows the employed capital evolution of the two momentum strategies on Maiden Holdings Ltd since the beginning:

Maiden Holdings Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Maiden Holdings Ltd

Buy the dip entry openings on Maiden Holdings Ltd

Maiden Holdings Ltd

The performance achieved by the robo-advisor on Maiden Holdings Ltd is -0.61%. That represents -1.54$ of latent gain with 251.02$ of employed capital. The following chart shows Maiden Holdings Ltd stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Maiden Holdings Ltd, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-0.61 %

Latent gain

-1.54 $

Invested capital

251.02 $

Annualized return

-0.29 %

Equity curve of the strategy applied to Maiden Holdings Ltd

The following chart shows the result of the investment strategy applied to Maiden Holdings Ltd:

Maiden Holdings Ltd

Note: the dividends potentially given by Maiden Holdings Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Maiden Holdings Ltd

The following chart shows the employed capital evolution since the beginning of the investment strategy on Maiden Holdings Ltd:

Maiden Holdings Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Maiden Holdings Ltd

In this section, I will compare the three previous investment strategies applied to Maiden Holdings Ltd.

Equity curve comparison on Maiden Holdings Ltd

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Maiden Holdings Ltd investment strategy comparison

Employed capital comparison on Maiden Holdings Ltd

Maiden Holdings Ltd investment comparison

Performance comparison on Maiden Holdings Ltd

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 145.93% 3289.49$ 2254.15$ 35.25%
Momentum 1 quarter 208.74% 13583.79$ 6507.45$ 53.52%
Momentum 2 quarters 314.85% 9445.0$ 2999.84$ 86.02%
Non-directional -0.61% -1.54$ 251.02$ -0.29%
Annualized return comparison

Automatic investment

35.25 %

Momentum 1Q

86.02 %

Momentum 2Q

86.02 %

Non-directional

-0.29 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Maiden Holdings Ltd:

Positive correlations

Most correlated stocks this year

  • Maiden Holdings Ltd

  • Most correlated stocks last 3 months

  • Maiden Holdings Ltd
  • CHINA GOLD INT RESOURCES CORP.

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Maiden Holdings Ltd and the other stocks. There may be false positives or some missing correlated stocks. If the price of Maiden Holdings Ltd does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Maiden Holdings Ltd
    Country Bermuda
    City Pembroke
    Address Ideation House
    Phone
    Website www.maiden.bm
    FullTime employees 52
    Industry Insurance—Reinsurance
    Sector Financial Services
    Exchange XNAS
    Ticker MHLD
    Market www.nasdaq.com

    Maiden Holdings Ltd ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown