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News Alert: Watford Holdings Ltd. (NASDAQ: WTRE)

PEMBROKE, Bermuda, July 19, 2019 – Shares of Watford Holdings Ltd. (NASDAQ: WTRE) lost -0.45% to $24.36. The stock traded total volume of 49.298K shares lower than the average volume of 140.97K shares.

WATFORD HOLDINGS LTD. (WTRE) reported a net income of $47.60M after payment of $4.90M of preferred dividends for the three months ended March 31, 2019, contrast to a net income of $12.80M after payment of $4.90M of preferred dividends in the same period in 2018. The results included:

Net income available to Watford common shareholders of $47.60M, or $2.10 per share, a 20.8% annualized return on average equity, contrast to a net income of $12.80M, or $0.56 per share, a 5.4% annualized return on average equity for the 2018 first quarter. Net income available to Watford common shareholders of $47.60M, or $2.10 per share, a 20.8% annualized return on average equity, contrast to a net income of $12.80M, or $0.56 per share, a 5.4% annualized return on average equity for the 2018 first quarter. Net investment income of $58.40M, a 2.8% return on average net assets for the 2019 first quarter, contrast to net investment income of $19.50M and a 1.0% return on average net assets for the 2018 first quarter.

WTRE has the market capitalization of $561.10M. Return on investment ratio of the stands at -0.80%. Price to sales ratio was 0.86 while 4.40% of the stock was owned by institutional investors.