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Last $141.86 USD
Change Today -1.10 / -0.77%
Volume 45.0K
ESGR On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

enstar group ltd (ESGR) Snapshot

Open
$142.51
Previous Close
$142.96
Day High
$144.08
Day Low
$141.74
52 Week High
12/26/14 - $161.94
52 Week Low
05/7/14 - $127.31
Market Cap
2.7B
Average Volume 10 Days
27.5K
EPS TTM
$9.35
Shares Outstanding
15.8M
EX-Date
--
P/E TM
15.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for ENSTAR GROUP LTD (ESGR)

enstar group ltd (ESGR) Related Businessweek News

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enstar group ltd (ESGR) Details

Enstar Group Limited acquires and manages insurance and reinsurance companies in run-off and portfolios of insurance and reinsurance business in run-off. It operates in four segments: Non-Life Run-Off, Atrium, Torus, and Life and Annuities. The Non-Life Run-Off segment engages in the running off property and casualty, and other non-life lines of businesses. It also provides consulting services, including claims inspection, claims validation, and reinsurance asset collection, as well as IT consulting and other services to the insurance and reinsurance industry. The Atrium segment is involved in underwriting various classes, including accident and health, aviation, marine, property, liability, reinsurance, upstream energy, and war and terrorism. The Torus segment is involved in underwriting general property, marine, onshore and offshore energy, construction, power and utility, aviation, space, casualty, healthcare, and workers compensation risks, as well as professional liability and management liability. The life and Annuities segment manages the closed-block of life and annuity business. Enstar Group Limited operates in Bermuda, the United States, the United Kingdom, Continental Europe, Australia, and other international locations. The company was formerly known as Castlewood Holdings Limited and changed its name to Enstar Group Limited as a result of its merger with The Enstar Group, Inc. in January 2007. Enstar Group Limited was founded in 2001 and is headquartered in Hamilton, Bermuda.

1,201 Employees
Last Reported Date: 03/2/15
Founded in 2001

enstar group ltd (ESGR) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $4.4M
Chief Financial Officer and Member of Investm...
Total Annual Compensation: $2.8M
Joint Chief Operating Officer and Executive V...
Total Annual Compensation: $2.9M
Joint Chief Operating Officer, Executive Vice...
Total Annual Compensation: $2.9M
Compensation as of Fiscal Year 2014.

enstar group ltd (ESGR) Key Developments

Enstar Group Limited Reports Consolidated Earnings Results for the Year Ended December 31, 2014

Enstar Group Limited reported consolidated earnings results for the year ended December 31, 2014. For the year, the company reported net earnings of $213.7 million or $11.44 per fully diluted share compared to $208.6 million or $12.49 per fully diluted share for the year ended December 31, 2013.

Enstar Group Limited Announces Amendment and Restatement of Existing Unsecured Revolving Credit Facility; Appoints B. Frederick Becker to the Board of Directors

On February 27, 2015, Enstar Group Limited, and certain of its subsidiaries, as Borrowers and as Guarantors, entered into an amendment and restatement of the Company's existing unsecured $500 million revolving credit facility agreement with National Australia Bank Limited, Barclays Bank PLC, and Royal Bank of Canada, as Mandated Lead Arrangers and Original Lenders, and NAB as Agent, pursuant to the terms of a Restatement Agreement. The Restatement Agreement provides for the restatement of the existing revolving credit facility agreement primarily in order to: (1) increase the size of the existing revolving credit facility from $500 million to $665 million; (2) add Lloyd's Bank plc as a new lender within the facility, and (3) re-allocate the amounts provided by each of the four lenders under the facility such that each lender agrees to provide an equal amount of $166.25 million, on and subject to the terms of the restated facility agreement. On February 25, 2015, the Company appointed B. Frederick Becker to the Board of Directors, effective immediately. Mr. Becker's appointment was recommended to the Board of Directors by Nominating and Governance Committee, which is comprised entirely of independent directors. Mr. Becker, is the Chairman of Clarity Group Inc. Mr. Becker has 35 years of experience within the insurance and healthcare industries. He currently serves as a director of West Virginia Mutual Insurance Company, Barton and Associates Inc., and Dorada Holdings Ltd. (Bermuda). He has been appointed to the Audit, Compensation, and Nominating and Governance Committees.

Enstar Group Limited Receives Non-Compliance Notice From NASDAQ

Due to the resignation of Kenneth LeStrange on December 18, 2014 from the Board of Directors of Enstar Group Limited, which became effective on December 31, 2014, the Company received, as expected, a notification on January 15, 2015 from the NASDAQ Listing Qualifications Department indicating that the Company was no longer in compliance with: (1) Nasdaq Marketplace Rule 5605(b)(1), which requires that a majority of the Company’s Board of Directors be comprised of independent directors, and (2) Nasdaq Marketplace Rule 5605(c)(2)(A), which requires, among other things, that the Audit Committee of the Company’s board of directors be comprised of at least three independent directors. Consistent with Marketplace Rules 5605(b)(1)(A) and 5605(c)(4)(B), NASDAQ has provided the Company a cure period ending June 29, 2015 within which to regain compliance. The Company intends to appoint a new independent director to its board of directors and its Audit Committee within the cure period.

 

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ESGR

Industry Average

Valuation ESGR Industry Range
Price/Earnings 12.5x
Price/Sales 3.2x
Price/Book 1.2x
Price/Cash Flow 10.6x
TEV/Sales NM Not Meaningful
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