NYSE:PTP - Platinum Underwriters Stock Price, Price Target & More

$76.42 0.00 (0.00 %)
(As of 04/25/2018 04:00 PM ET)
Previous Close$76.42
Today's RangeN/A
52-Week RangeN/A
VolumeN/A
Average VolumeN/A
Market Capitalization$1.90 billion
P/E RatioN/A
Dividend Yield0.42%
BetaN/A

About Platinum Underwriters (NYSE:PTP)

Platinum Underwriters logoPlatinum 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.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryReinsurance
SectorN/A
SymbolNYSE:PTP
CUSIPG7127P10
Phone+4412957195

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins24.85%
Return on Equity8.33%
Return on Assets3.89%

Miscellaneous

EmployeesN/A
Outstanding SharesN/A

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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 EPS for the quarter, beating the 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 net margin of 24.85% and a return on equity of 8.33%. The business's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.32 EPS. View Platinum Underwriters' Earnings History.

Has Platinum Underwriters been receiving favorable news coverage?

Media headlines about PTP stock have trended positive on Wednesday, according to Accern. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Platinum Underwriters earned a news sentiment score of 0.29 on Accern's scale. They also gave media coverage about the financial services provider an impact score of 45.18 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

How do I buy shares of Platinum Underwriters?

Shares of PTP 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 PTP 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)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  80 (Vote Underperform)
Total Votes:  126
MarketBeat's community ratings are surveys of what our community members think about Platinum Underwriters and other stocks. Vote "Outperform" if you believe PTP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PTP will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Platinum Underwriters (NYSE:PTP) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 4/25/2016 forward)

Earnings

Platinum Underwriters (NYSE:PTP) Earnings History and Estimates Chart

Earnings by Quarter for Platinum Underwriters (NYSE:PTP)

Platinum Underwriters (NYSE PTP) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/15/2014Q314$0.98$1.12$152.10 million$150.18 millionViewListenView Earnings Details
7/16/2014Q214$1.45$1.34$158.11 million$142.90 millionViewN/AView Earnings Details
4/16/2014Q114$1.22$2.27$156.91 million$144.00 millionViewListenView Earnings Details
2/5/2014Q413$1.19$1.71$147.88 million$149.70 millionViewListenView Earnings Details
10/17/2013Q313$0.95$1.32$155.33 million$154.20 millionViewListenView Earnings Details
7/17/2013Q2 2013$1.24$1.61$152.43 million$142.90 millionViewListenView Earnings Details
4/17/2013Q1 2013$1.34$2.63$159.07 million$159.70 millionViewListenView Earnings Details
2/6/2013Q4 2012$0.60$3.67$161.32 million$185.48 millionViewListenView Earnings Details
10/17/2012$0.80$2.54ViewN/AView Earnings Details
7/18/2012$1.18$1.97ViewN/AView Earnings Details
4/18/2012$1.07$1.49ViewN/AView Earnings Details
2/7/2012$0.28$0.19ViewN/AView Earnings Details
10/18/2011($1.66)($1.43)ViewN/AView Earnings Details
7/19/2011($0.25)($0.55)ViewN/AView Earnings Details
4/19/2011($4.68)($4.20)ViewN/AView Earnings Details
2/8/2011$0.70($0.46)ViewN/AView Earnings Details
10/20/2010Q3 2010$1.39$1.30ViewN/AView Earnings Details
7/20/2010Q2 2010$1.45$1.50ViewN/AView Earnings Details
4/21/2010Q1 2010($0.19)$0.21ViewN/AView Earnings Details
2/17/2010Q4 2009$1.51$1.45ViewN/AView Earnings Details
10/21/2009Q3 2009$1.45$1.67ViewN/AView Earnings Details
7/21/2009Q2 2009$1.35$1.69ViewN/AView Earnings Details
4/22/2009Q1 2009$1.33$1.58ViewN/AView Earnings Details
2/18/2009Q4 2008$0.46$0.48ViewN/AView Earnings Details
10/22/2008Q3 2008($0.52)($0.62)ViewN/AView Earnings Details
7/22/2008Q2 2008$1.34$1.82ViewN/AView Earnings Details
4/21/2008Q1 2008$1.22$1.76ViewN/AView Earnings Details
2/19/2008Q4 2007$1.27$1.60ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Platinum Underwriters (NYSE:PTP) Dividend Information

Platinum Underwriters pays an annual dividend of $0.00 per share, with a dividend yield of 0.00%. PTP's most recent quarterly dividend payment was Tuesday, March 31.
Most Recent Dividend:3/31/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:N/A
Dividend Payments by Quarter for Platinum Underwriters (NYSE:PTP)

Platinum Underwriters (NYSE:PTP) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/11/2015quarterly$0.080.42%2/26/20153/2/20153/31/2015
10/21/2014quarterly$0.080.53%11/26/201412/1/201412/31/2014
7/22/2014quarterly$0.080.51%8/28/20149/2/20149/30/2014
4/22/2014quarterly$0.080.5%5/29/20146/2/20146/30/2014
2/11/2014quarterly$0.080.58%2/27/20143/3/20143/31/2014
10/23/2013quarterly$0.080.52%11/27/201312/2/201312/31/2013
7/24/2013quarterly$0.080.56%8/29/20139/3/20139/30/2013
4/24/2013quarterly$0.080.56%5/30/20136/3/20136/28/2013
2/13/2013quarterly$0.080.62%2/27/20133/1/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Platinum Underwriters (NYSE PTP) Insider Trading and Institutional Ownership History

Insider Trading History for Platinum Underwriters (NYSE:PTP)

Platinum Underwriters (NYSE PTP) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/8/2017Simco Services Inc.InsiderBuy62,000$0.03$1,860.00
7/17/2017Simco Services Inc.InsiderBuy5,000$0.03$150.00
7/13/2017Simco Services Inc.InsiderBuy1,000$0.03$30.00
7/10/2017Simco Services Inc.InsiderBuy1,000$0.03$30.00
7/5/2017Simco Services Inc.InsiderBuy2,000$0.03$60.00
6/29/2017Simco Services Inc.InsiderBuy1,000$0.03$30.00
6/28/2017Simco Services Inc.InsiderBuy25,000$0.03$750.00
6/6/2017Simco Services Inc.InsiderBuy206,000$0.05$10,300.00
6/1/2017Simco Services Inc.InsiderSell44,000$0.05$2,200.00
10/27/2014Richard BarnettInsiderBuy10,000$0.1650$1,650.00
7/24/2014Neal J SchmidtEVPSell3,835$62.50$239,687.50View SEC Filing  
4/22/2014Neal SchmidtEVPSell3,191$62.44$199,246.0430,000View SEC Filing  
10/31/2013Kenneth A KurtzmanEVPSell11,000$62.52$687,720.00View SEC Filing  
10/30/2013Kenneth A KurtzmanEVPSell10,200$63.06$643,212.00View SEC Filing  
10/24/2013Michael E LombardozziCEOSell59,524$61.90$3,684,535.60View SEC Filing  
10/21/2013Allan Carl DecleirCFOSell13,124$61.01$800,695.24View SEC Filing  
10/21/2013H Elizabeth MitchellCEOSell107,573$61.00$6,561,953.00View SEC Filing  
10/18/2013Michael E LombardozziCEOSell26,515$60.91$1,615,028.65View SEC Filing  
10/17/2013Kenneth A KurtzmanEVPSell25,000$61.40$1,535,000.00View SEC Filing  
8/12/2013Michael PriceCEOSell17,530$58.30$1,021,999.00100,000View SEC Filing  
8/1/2013Michael E LombardozziCEOSell30,000$58.23$1,746,900.00View SEC Filing  
7/31/2013Michael D PriceCEOSell52,026$57.52$2,992,535.52View SEC Filing  
7/22/2013Michael E LombardozziCEOSell30,000$58.65$1,759,500.00View SEC Filing  
5/29/2013Kenneth A KurtzmanEVPSell12,112$57.40$695,228.80View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Platinum Underwriters (NYSE PTP) News Headlines

Source:
DateHeadline
Partnerre (PRE) & Platinum Underwriters (PTP) Head-To-Head ReviewPartnerre (PRE) & Platinum Underwriters (PTP) Head-To-Head Review
www.americanbankingnews.com - January 4 at 3:28 PM
Universal Insurance Holdings, Inc. Subsidiary UPCIC Writes First Homeowners Insurance Policy and Launches Universal Direct in New YorkUniversal 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)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 HurricanesUniversal 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)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 ProgramUniversal 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 BoardroomUniversal 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)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)Head-To-Head Review: Platinum Underwriters Holdings (PTP) and RenaissanceRe Holdings (RNR)
www.americanbankingnews.com - July 11 at 4:08 PM
Fitch Affirms RenRes Ratings; Outlook StableFitch 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 TakeoversTax-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 AcquPLATINUM 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 EvePLATINUM 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 ReportPLATINUM 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 ExhibitsPLATINUM UNDERWRITERS HOLDINGS LTD Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - February 10 at 10:58 AM

SEC Filings

Platinum Underwriters (NYSE:PTP) SEC Filings

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Social Media

Financials

Platinum Underwriters (NYSE:PTP) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Platinum Underwriters (NYSE PTP) Stock Chart for Wednesday, April, 25, 2018

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This page was last updated on 4/25/2018 by MarketBeat.com Staff

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