About Platinum Underwriters (NYSE:PTP)
Platinum Underwriters Holdings, Ltd. (Platinum Holdings) is a holding company. Through its reinsurance subsidiaries the Company provides property and marine, casualty and finite risk reinsurance coverage to a diverse clientele of insurers and select reinsurers on a worldwide basis. The Company operates through two licensed reinsurance subsidiaries: Platinum Underwriters Bermuda, Ltd. (Platinum Bermuda), a Bermuda reinsurance company, and Platinum Underwriters Reinsurance, Inc. (Platinum US), a United States reinsurance company. Platinum Bermuda is a wholly owned subsidiary of Platinum Holdings and Platinum US is a wholly owned subsidiary of Platinum Finance. The Company operates in three segments: Property and Marine, Casualty and Finite Risk. The Property and Marine provides insurance coverage against loss of property. Casualty provides coverage for loss or damage to persons or property. The Finite Risk offers non-traditional reinsurance.
Industry, Sector and Symbol
Industry Property & Casualty Reinsurance
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on Equity8.33%
Return on Assets3.89%
Platinum Underwriters (NYSE:PTP) Frequently Asked Questions
What is Platinum Underwriters' stock symbol?
Platinum Underwriters trades on the New York Stock Exchange (NYSE) under the ticker symbol "PTP."
How were Platinum Underwriters' earnings last quarter?
Platinum Underwriters Holdings, Ltd. (NYSE:PTP) issued its earnings results on Wednesday, October, 15th. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.98 by $0.14. The financial services provider earned $150.18 million during the quarter, compared to analysts' expectations of $152.10 million. Platinum Underwriters had a return on equity of 8.33% and a net margin of 24.85%. Platinum Underwriters's quarterly revenue was down 2.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.32 EPS. View Platinum Underwriters' Earnings History.
Who are some of Platinum Underwriters' key competitors?
Some companies that are related to Platinum Underwriters include Firstmerit (FMER), First Niagara Financial Group (FNFG), Cathay General Bancorp (CATY), Derwent London (DLN), Intu Properties (INTU), Intermediate Capital Group (ICP), Fulton Financial (FULT), Alterra Capital (ALTE), Shaftesbury (SHB), Jardine Lloyd Thompson Group (JLT), Phoenix Group (PHNX), NRF Holdco (NRF), HICL Infrastructure (HICL), Ashmore Group (ASHM), IG Group (IGG), EverBank Financial (EVER), Burford Capital (BUR) and Capital & Counties Properties PLC (CAPC).
How do I buy Platinum Underwriters stock?
Shares of Platinum Underwriters can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Platinum Underwriters' stock price today?
One share of Platinum Underwriters stock can currently be purchased for approximately $76.42.
How big of a company is Platinum Underwriters?
Platinum Underwriters has a market capitalization of $1.90 billion.
How can I contact Platinum Underwriters?
Platinum Underwriters' mailing address is WATERLOO HOUSE, 100 PITTS BAY ROAD, PEMBROKE, HM 08, Bermuda. The financial services provider can be reached via phone at +4412957195.
MarketBeat Community Rating for Platinum Underwriters (PTP)MarketBeat's community ratings are surveys of what our community members think about Platinum Underwriters and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Platinum Underwriters (NYSE:PTP) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Platinum Underwriters (NYSE:PTP) Earnings History and Estimates Chart
Platinum Underwriters (NYSE PTP) Earnings History by Quarter
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/15/2014||Q314||$0.98||$1.12||$152.10 million||$150.18 million||View||Listen|
|7/16/2014||Q214||$1.45||$1.34||$158.11 million||$142.90 million||View||N/A|
|4/16/2014||Q114||$1.22||$2.27||$156.91 million||$144.00 million||View||Listen|
|2/5/2014||Q413||$1.19||$1.71||$147.88 million||$149.70 million||View||Listen|
|10/17/2013||Q313||$0.95||$1.32||$155.33 million||$154.20 million||View||Listen|
|7/17/2013||Q2 2013||$1.24||$1.61||$152.43 million||$142.90 million||View||Listen|
|4/17/2013||Q1 2013||$1.34||$2.63||$159.07 million||$159.70 million||View||Listen|
|2/6/2013||Q4 2012||$0.60||$3.67||$161.32 million||$185.48 million||View||Listen|
Platinum Underwriters (NYSE:PTP) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Platinum Underwriters (NYSE:PTP) Dividend Information
|Most Recent Dividend:||3/31/2015|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Trailing 12 Months of Earnings) |
Platinum Underwriters (NYSE:PTP) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Platinum Underwriters (NYSE PTP) Insider Trading and Institutional Ownership History
Platinum Underwriters (NYSE PTP) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/8/2017||Simco Services Inc.||Insider||Buy||62,000||$0.03||$1,860.00|
|7/17/2017||Simco Services Inc.||Insider||Buy||5,000||$0.03||$150.00|
|7/13/2017||Simco Services Inc.||Insider||Buy||1,000||$0.03||$30.00|
|7/10/2017||Simco Services Inc.||Insider||Buy||1,000||$0.03||$30.00|
|7/5/2017||Simco Services Inc.||Insider||Buy||2,000||$0.03||$60.00|
|6/29/2017||Simco Services Inc.||Insider||Buy||1,000||$0.03||$30.00|
|6/28/2017||Simco Services Inc.||Insider||Buy||25,000||$0.03||$750.00|
|6/6/2017||Simco Services Inc.||Insider||Buy||206,000||$0.05||$10,300.00|
|6/1/2017||Simco Services Inc.||Insider||Sell||44,000||$0.05||$2,200.00|
|7/24/2014||Neal J Schmidt||EVP||Sell||3,835||$62.50||$239,687.50|| |
|4/22/2014||Neal Schmidt||EVP||Sell||3,191||$62.44||$199,246.04|| |
|10/31/2013||Kenneth A Kurtzman||EVP||Sell||11,000||$62.52||$687,720.00|| |
|10/30/2013||Kenneth A Kurtzman||EVP||Sell||10,200||$63.06||$643,212.00|| |
|10/24/2013||Michael E Lombardozzi||CEO||Sell||59,524||$61.90||$3,684,535.60|| |
|10/21/2013||Allan Carl Decleir||CFO||Sell||13,124||$61.01||$800,695.24|| |
|10/21/2013||H Elizabeth Mitchell||CEO||Sell||107,573||$61.00||$6,561,953.00|| |
|10/18/2013||Michael E Lombardozzi||CEO||Sell||26,515||$60.91||$1,615,028.65|| |
|10/17/2013||Kenneth A Kurtzman||EVP||Sell||25,000||$61.40||$1,535,000.00|| |
|8/12/2013||Michael Price||CEO||Sell||17,530||$58.30||$1,021,999.00|| |
|8/1/2013||Michael E Lombardozzi||CEO||Sell||30,000||$58.23||$1,746,900.00|| |
|7/31/2013||Michael D Price||CEO||Sell||52,026||$57.52||$2,992,535.52|| |
|7/22/2013||Michael E Lombardozzi||CEO||Sell||30,000||$58.65||$1,759,500.00|| |
|5/29/2013||Kenneth A Kurtzman||EVP||Sell||12,112||$57.40||$695,228.80|| |
Platinum Underwriters (NYSE PTP) News Headlines
|Universal Insurance Holdings, Inc. Subsidiary UPCIC Writes First Homeowners Insurance Policy and Launches Universal Direct in New York|
www.bizjournals.com - October 17 at 6:29 AM
|Analyzing Validus Holdings (VR) and Platinum Underwriters Holdings (PTP)|
www.americanbankingnews.com - October 15 at 10:27 PM
|Universal Insurance Holdings, Inc. Announces Impact from Recent Hurricanes|
www.bizjournals.com - October 11 at 6:51 AM
|Head-To-Head Contrast: Everest Re Group (RE) & Platinum Underwriters Holdings (PTP)|
www.americanbankingnews.com - September 17 at 6:36 PM
|Universal Insurance Holdings, Inc. Highlights Strength of Reinsurance Program|
www.bizjournals.com - September 5 at 8:55 PM
|Universal Insurance Holdings, Inc. To Be Honored by Women Executive Leadership Florida for Advancing Gender Diversity in the Boardroom|
www.bizjournals.com - August 28 at 6:31 PM
|Head-To-Head Contrast: Platinum Underwriters Holdings (PTP) versus Third Point Reinsurance (TPRE)|
www.americanbankingnews.com - August 9 at 7:10 AM
|Head-To-Head Review: Platinum Underwriters Holdings (PTP) and RenaissanceRe Holdings (RNR)|
www.americanbankingnews.com - July 11 at 4:08 PM
|Fitch Affirms RenRe's Ratings; Outlook Stable|
www.reuters.com - February 10 at 1:14 PM
|Tax-Dodge Scrutiny in U.S. Repels Bidders From Bermuda Takeovers|
www.bloomberg.com - May 19 at 8:05 AM
|PLATINUM UNDERWRITERS HOLDINGS LTD Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acqu|
biz.yahoo.com - March 2 at 11:52 AM
|PLATINUM UNDERWRITERS HOLDINGS LTD Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Eve|
biz.yahoo.com - February 27 at 10:49 AM
|PLATINUM UNDERWRITERS HOLDINGS LTD Files SEC form 10-K, Annual Report|
biz.yahoo.com - February 11 at 5:21 PM
|PLATINUM UNDERWRITERS HOLDINGS LTD Files SEC form 8-K, Other Events, Financial Statements and Exhibits|
biz.yahoo.com - February 10 at 10:58 AM
Platinum Underwriters (NYSE:PTP) SEC Filings
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Platinum Underwriters (NYSE:PTP) Income Statement, Balance Sheet and Cash Flow Statement
Platinum Underwriters (NYSE PTP) Stock Chart for Sunday, December, 17, 2017