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MHNC
Upturn stock rating

Maiden Holdings North America Ltd ELKS (MHNC)

Upturn stock rating
$17.54
Last Close (24-hour delay)
Profit since last BUY4.28%
upturn advisory
WEAK BUY
BUY since 63 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

10/24/2025: MHNC (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -15.66%
Avg. Invested days 39
Today’s Advisory WEAK BUY
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/24/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 14.45 - 18.39
Updated Date 02/27/2025
52 Weeks Range 14.45 - 18.39
Updated Date 02/27/2025
Dividends yield (FY) 10.65%
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating -
Shares Outstanding -
Shares Floating -
Percent Insiders -
Percent Institutions -

ai summary icon Upturn AI SWOT

Maiden Holdings North America Ltd ELKS

stock logo

Company Overview

overview logo History and Background

Maiden Holdings North America Ltd. (ELKS) was a subsidiary of Maiden Holdings, Ltd., focused on providing reinsurance solutions. Founded with a mission to provide tailored reinsurance solutions. Note that ELKS is now a defunct stock symbol and Maiden Holdings, Ltd. ultimately faced liquidation.

business area logo Core Business Areas

  • Reinsurance Solutions: Provided reinsurance solutions to small and mid-sized insurance companies. These include quota share, excess of loss, and other customized reinsurance programs.

leadership logo Leadership and Structure

Details about its specific leadership team and organizational structure are no longer relevant given its current status and liquidation.

Top Products and Market Share

overview logo Key Offerings

  • Reinsurance: Maiden Holdings provided reinsurance coverage to insurers in various lines of business. Market share data for ELKS is not directly available due to its subsidiary status. Competitors included larger reinsurance players like Everest Re Group (RE), RenaissanceRe Holdings (RNR), and Transatlantic Holdings (TRH).

Market Dynamics

industry overview logo Industry Overview

The reinsurance industry is characterized by a cyclical nature, influenced by catastrophe events, interest rates, and regulatory changes.

Positioning

Maiden aimed to position itself by offering tailored reinsurance solutions. Its competitive advantage was in smaller accounts; it was challenged by its financial standing.

Total Addressable Market (TAM)

The TAM for the reinsurance market is substantial, estimated to be in the hundreds of billions of dollars globally. Maiden Holdings (including ELKS) had a small portion of this market.

Upturn SWOT Analysis

Strengths

  • Experienced Team (Historical)
  • Strong Relationships with Clients (Historical)

Weaknesses

  • High Debt Levels (Historical)
  • Financial Instability (Historical)
  • Regulatory Scrutiny (Historical)

Opportunities

  • Expansion into New Geographies (Historical)
  • Development of New Reinsurance Products (Historical)

Threats

  • Increased Competition
  • Catastrophic Events
  • Changes in Regulation

Competitors and Market Share

competitor logo Key Competitors

  • RE
  • RNR
  • TRH

Competitive Landscape

ELKS faced significant competitive disadvantages due to its smaller size, financial instability, and higher debt compared to larger, more established reinsurers.

Growth Trajectory and Initiatives

Historical Growth: Historical growth was inconsistent, with periods of rapid expansion followed by financial difficulties.

Future Projections: No future projections are available, as the company is no longer operating.

Recent Initiatives: N/A

Summary

Maiden Holdings North America Ltd ELKS struggled financially and faced liquidation. Its key problems were high debt, regulatory scrutiny, and competition. There are no growth prospects as the company is no longer operating. Its tailored reinsurance solutions were overshadowed by its poor performance. Investors should be aware of the risks when investing in companies that might not make it through the test of time.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings (Historical)
  • Company Reports (Historical)
  • Market Analysis Reports (Historical)

Disclaimers:

Data is based on historical information and may not be entirely accurate due to the company's financial difficulties and eventual liquidation. All information is presented for informational purposes only and should not be considered financial advice.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Maiden Holdings North America Ltd ELKS

Exchange NYSE
Headquaters -
IPO Launch date 2013-11-27
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

Maiden Holdings North American Ltd. 7.75% Nts 12/01/2043