Third Point Reinsurance Ltd. is a holding company. Through the Company's reinsurance subsidiaries, it provides property and casualty reinsurance coverage to insurance and reinsurance companies. The Company's segments include Property and Casualty Reinsurance, and Corporate. The Company's investable assets are managed by its investment manager, Third Point LLC. The Company also writes reinsurance contracts that provide protection against adverse development on loss reserves. Through Third Point LLC, the Company makes investments globally in all sectors, and in equity, credit, commodity, currency, options and other instruments. The Company also acts as the underwriter for the majority of the premium that it underwrites. The Company writes reinsurance contracts covering product lines, such as property, workers' compensation, auto, general liability, professional liability, credit and financial lines, and multi-line.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Property & Casualty Reinsurance
- Sub-Industry: N/A
- Symbol: NYSE:TPRE
- CUSIP: N/A
- Web: www.thirdpointre.com
Capitalization:- Market Cap: $1.53 billion
- Outstanding Shares: 104,926,000
Average Prices:- 50 Day Moving Avg: $13.93
- 200 Day Moving Avg: $12.51
- 52 Week Range: $11.05 - $14.70
P/E:- Trailing P/E Ratio: 8.46
- Foreward P/E Ratio: 6.77
- P/E Growth: 0.37
Sales & Book Value:- Annual Revenue: $861.79 million
- Price / Sales: 1.77
- Book Value: $14.31 per share
- Price / Book: 1.02
Profitability:- Net Margins: 21.30%
- Return on Equity: 12.53%
- Return on Assets: 4.55%
Debt:- Debt-to-Equity Ratio: 0.07%
- Current Ratio: 0.61%
- Quick Ratio: 0.61%
Misc:- Average Volume: 616,929 shs.
- Beta: 1.22
- Short Ratio: 1.88
Frequently Asked Questions for Third Point Reinsurance (NYSE:TPRE)
What is Third Point Reinsurance's stock symbol?
Third Point Reinsurance trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPRE."
How were Third Point Reinsurance's earnings last quarter?
Third Point Reinsurance Ltd. (NYSE:TPRE) released its earnings results on Thursday, November, 3rd. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.10. The firm earned $216.54 million during the quarter, compared to the consensus estimate of $158.35 million. Third Point Reinsurance had a net margin of 21.30% and a return on equity of 12.53%. View Third Point Reinsurance's Earnings History.
When will Third Point Reinsurance make its next earnings announcement?
Where is Third Point Reinsurance's stock going? Where will Third Point Reinsurance's stock price be in 2017?
3 analysts have issued 12 month price targets for Third Point Reinsurance's shares. Their predictions range from $15.00 to $15.00. On average, they anticipate Third Point Reinsurance's share price to reach $15.00 in the next year. View Analyst Ratings for Third Point Reinsurance.
Who are some of Third Point Reinsurance's key competitors?
Some companies that are related to Third Point Reinsurance include Mercury General Corporation (MCY), Ashmore Group (AJMPF), Piedmont Office Realty Trust (PDM), Cathay General Bancorp (CATY), Washington Federal (WAFD), Brandywine Realty Trust (BDN), EastGroup Properties (EGP), Capital Trust (BXMT), Selective Insurance Group (SIGI), Federated Investors (FII), BBVA Banco Frances S.A. (BFR), First Financial Bankshares (FFIN), Education Realty Trust (EDR), Physicians Realty Trust (DOC), BancorpSouth (BXS), AmTrust Financial Services (AFSI), Interactive Brokers Group (IBKR) and Columbia Property Trust (CXP).
Who are Third Point Reinsurance's key executives?
Third Point Reinsurance's management team includes the folowing people:
- John R. Berger, Chairman of the Board, Chief Executive Officer of Third Point Reinsurance (USA) Ltd
- J. Robert Bredahl, President, Chief Executive Officer, Chief Executive Officer of Third Point Reinsurance Company Ltd.
- Christopher S. Coleman, Chief Financial Officer
- Thomas C. Wafer, President - Third Point Re USA
- Janice R. Weidenborner, Executive Vice President, Group General Counsel
- Yan Leclerc, Chief Accounting Officer
- Manoj K. Gupta, Head - Investor Relations and Business Development, Executive Vice President, Underwriting of Third Point Reinsurance (USA) Ltd
- Daniel V. Malloy, Chief Underwriting Officer of Third Point Reinsurance Company Ltd
- Jonathan Norton, Chief Reserving Actuary
- Steven E. Fass, Lead Independent Director
Who owns Third Point Reinsurance stock?
Third Point Reinsurance's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Kelso & Company L.P. (23.83%), Cambiar Investors LLC (0.72%), Russell Investments Group Ltd. (0.26%), Aviance Capital Partners LLC (0.11%), Legato Capital Management LLC (0.05%) and NN Investment Partners Holdings N.V. (0.03%). Company insiders that own Third Point Reinsurance stock include Anthony Urban, Brook Lvr LP Pine, Christopher S Coleman, Daniel V Malloy, J Robert Bredahl and John R Berger. View Institutional Ownership Trends for Third Point Reinsurance.
Who sold Third Point Reinsurance stock? Who is selling Third Point Reinsurance stock?
Third Point Reinsurance's stock was sold by a variety of institutional investors in the last quarter, including Cambiar Investors LLC. Company insiders that have sold Third Point Reinsurance stock in the last year include Anthony Urban, Brook Lvr LP Pine, Christopher S Coleman, Daniel V Malloy and J Robert Bredahl. View Insider Buying and Selling for Third Point Reinsurance.
Who bought Third Point Reinsurance stock? Who is buying Third Point Reinsurance stock?
Third Point Reinsurance's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Legato Capital Management LLC, NN Investment Partners Holdings N.V., Campbell & CO Investment Adviser LLC, Fox Run Management L.L.C. and Aviance Capital Partners LLC. View Insider Buying and Selling for Third Point Reinsurance.
How do I buy Third Point Reinsurance stock?
Shares of Third Point Reinsurance can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Third Point Reinsurance's stock price today?
One share of Third Point Reinsurance stock can currently be purchased for approximately $14.55.
MarketBeat Community Rating for Third Point Reinsurance (NYSE TPRE)MarketBeat's community ratings are surveys of what our community members think about Third Point Reinsurance 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.
Consensus Ratings for Third Point Reinsurance (NYSE:TPRE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.33) |
| Consensus Price Target: | $15.00 (3.09% upside) |
Analysts' Ratings History for Third Point Reinsurance (NYSE:TPRE)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/7/2017 | Morgan Stanley | Reiterated Rating | Equal Weight | $14.00 -> $15.00 | Medium |  |
| 5/15/2017 | Keefe, Bruyette & Woods | Upgrade | Mkt Perform -> Outperform | | Medium | |
| 11/4/2016 | J P Morgan Chase & Co | Reiterated Rating | Hold | $15.00 | N/A | |
| 2/29/2016 | Compass Point | Lower Price Target | Buy | $16.00 -> $15.00 | N/A | |
(Data available from 7/28/2015 forward)
Earnings History for Third Point Reinsurance (NYSE:TPRE)Earnings History by Quarter for Third Point Reinsurance (NYSE TPRE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/2/2017 | | $0.70 | | | | | N/A | |
| 2/23/2017 | Q416 | ($0.52) | ($0.45) | $93.25 million | $156.32 million | View | N/A | |
| 11/3/2016 | Q316 | $0.58 | $0.68 | $158.35 million | $216.54 million | View | N/A | |
| 8/4/2016 | Q216 | $0.62 | $0.51 | $197.10 million | $196.90 million | View | N/A | |
| 5/5/2016 | Q116 | ($0.50) | ($0.49) | $229.70 million | $197.20 million | View | N/A | |
| 2/25/2016 | Q415 | $0.49 | $0.39 | $152.30 million | $195.92 million | View | Listen | |
| 11/3/2015 | Q315 | ($1.87) | ($1.88) | $159.90 million | $15.65 million | View | N/A | |
| 8/5/2015 | Q215 | $0.28 | $0.29 | $181.65 million | $159.19 million | View | N/A | |
| 5/7/2015 | | $0.48 | $0.47 | | $203.99 million | View | N/A | |
| 2/26/2015 | Q414 | ($0.09) | ($0.14) | $186.70 million | $183.60 million | View | N/A | |
| 11/6/2014 | Q314 | ($0.01) | ($0.06) | $51.70 million | $110.50 million | View | N/A | |
| 8/7/2014 | | $0.26 | $0.29 | | $119.24 million | View | N/A | |
| 5/8/2014 | Q413 | $0.42 | $0.37 | $112.00 million | $123.30 million | View | N/A | |
| 11/12/2013 | Q313 | $0.43 | $0.46 | $89.08 million | $119.70 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Third Point Reinsurance (NYSE:TPRE)Current Year EPS Consensus Estimate: $2.59 EPS
Next Year EPS Consensus Estimate: $2.15 EPS
Dividend History for Third Point Reinsurance (NYSE:TPRE)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Third Point Reinsurance (NYSE:TPRE)Insider Ownership Percentage: 36.93%
Institutional Ownership Percentage: 68.72%
Insider Trades by Quarter for Third Point Reinsurance (NYSE:TPRE)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/21/2017 | J. Robert Bredahl | Insider | Sell | 80,000 | $14.11 | $1,128,800.00 | |
| 5/31/2017 | Christopher S. Coleman | CFO | Sell | 5,000 | $13.00 | $65,000.00 | |
| 5/26/2017 | Christopher S. Coleman | CFO | Sell | 5,000 | $12.75 | $63,750.00 | |
| 5/25/2017 | Daniel V. Malloy | Insider | Sell | 20,000 | $12.65 | $253,000.00 | |
| 2/3/2017 | Brook Lvr L.P. Pine | Major Shareholder | Sell | 699,942 | $11.54 | $8,077,330.68 | |
| 1/20/2017 | Brook Lvr L.P. Pine | Major Shareholder | Sell | 25,825 | $11.16 | $288,207.00 | |
| 1/18/2017 | Brook Lvr L.P. Pine | Major Shareholder | Sell | 6,200 | $11.31 | $70,122.00 | |
| 1/17/2017 | Brook Lvr L.P. Pine | Major Shareholder | Sell | 31,055 | $11.30 | $350,921.50 | |
| 1/13/2017 | Brook Lvr L.P. Pine | Major Shareholder | Sell | 50,309 | $11.42 | $574,528.78 | |
| 1/12/2017 | Brook Lvr L.P. Pine | Major Shareholder | Sell | 291,638 | $11.51 | $3,356,753.38 | |
| 9/15/2016 | Anthony Urban | Insider | Sell | 225,000 | $12.36 | $2,781,000.00 | |
| 8/14/2015 | Anthony Urban | Insider | Sell | 39,442 | $13.95 | $550,215.90 | |
| 8/13/2015 | John R Berger | CEO | Buy | 30,000 | $13.96 | $418,800.00 | |
| 7/1/2015 | Daniel S Loeb | Major Shareholder | Buy | 2,840,898 | $10.00 | $28,408,980.00 | |
| 10/27/2014 | Daniel S Loeb | Major Shareholder | Buy | 1,857,704 | $5.00 | $9,288,520.00 | |
| 8/13/2014 | Anthony Urban | EVP | Sell | 60,000 | $15.03 | $901,800.00 | |
| 3/3/2014 | Joshua Targoff | Director | Buy | 40,000 | $15.09 | $603,600.00 | |
| 12/5/2013 | Neil Mcconachie | Director | Buy | 25,500 | $17.17 | $437,835.00 | |
| 8/20/2013 | Christopher S Coleman | CAO | Buy | 25,000 | $12.50 | $312,500.00 | |
| 8/20/2013 | Michael Mcknight | Insider | Buy | 43,000 | $12.50 | $537,500.00 | |
| 8/20/2013 | Tonya L Marshall | EVP | Buy | 32,000 | $12.50 | $400,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Third Point Reinsurance (NYSE:TPRE)
Latest Headlines for Third Point Reinsurance (NYSE:TPRE)
| Source: |
|
| Date | Headline |
|---|
 | Third Point Reinsurance Ltd. (TPRE) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 26 at 7:49 AM |
 | Third Point Reinsurance Ltd. Announces Date for Second Quarter 2017 Earnings Release
finance.yahoo.com - July 20 at 8:52 AM |
| Third Point Reinsurance Ltd (TPRE) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - July 18 at 7:22 PM |
| Analyzing Third Point Reinsurance (TPRE) & Everest Re Group (RE)
www.americanbankingnews.com - July 18 at 10:49 AM |
 | Why Third Point Reinsurance (TPRE) Could Be an Impressive Growth Stock
www.zacks.com - July 11 at 8:36 AM |
| Zacks Investment Research Upgrades Third Point Reinsurance Ltd. (NYSE:TPRE) to "Buy"
www.americanbankingnews.com - July 8 at 7:50 AM |
| Third Point Reinsurance Ltd. (TPRE) Receives Equal Weight Rating from Morgan Stanley
www.americanbankingnews.com - July 7 at 7:54 AM |
| BidaskClub Lowers Third Point Reinsurance Ltd. (NYSE:TPRE) to Hold
www.americanbankingnews.com - July 1 at 3:10 PM |
| Brokerages Anticipate Third Point Reinsurance Ltd. (TPRE) Will Post Earnings of $0.52 Per Share
www.americanbankingnews.com - June 28 at 10:08 PM |
| Third Point Reinsurance Ltd. (TPRE) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - June 23 at 5:06 PM |
| Third Point Reinsurance Ltd. (TPRE) Upgraded by BidaskClub to Buy
www.americanbankingnews.com - June 23 at 3:54 PM |
| Third Point Reinsurance Ltd. (TPRE) Insider Sells $1,128,800.00 in Stock
www.americanbankingnews.com - June 22 at 7:28 PM |
| Third Point Reinsurance Ltd. (TPRE) Given $14.75 Consensus Target Price by Analysts
www.americanbankingnews.com - June 22 at 12:24 PM |
| ETFs with exposure to Third Point Reinsurance Ltd. : June 14, 2017
finance.yahoo.com - June 15 at 2:30 AM |
| Third Point Reinsurance Ltd (TPRE) Rating Lowered to Buy at ValuEngine
www.americanbankingnews.com - June 2 at 11:40 PM |
| Third Point Reinsurance Ltd (TPRE) Expected to Post Earnings of $0.52 Per Share
www.americanbankingnews.com - June 2 at 8:32 PM |
| ETFs with exposure to Third Point Reinsurance Ltd. : June 2, 2017
finance.yahoo.com - June 2 at 3:31 PM |
| Third Point Reinsurance Ltd. :TPRE-US: Earnings Analysis: Q1, 2017 By the Numbers : June 1, 2017
finance.yahoo.com - June 2 at 2:27 AM |
| Third Point Reinsurance Ltd (TPRE) CFO Christopher S. Coleman Sells 5,000 Shares
www.americanbankingnews.com - June 1 at 8:33 PM |
| Third Point Reinsurance Ltd (TPRE) Upgraded to "Outperform" by Keefe, Bruyette & Woods
www.americanbankingnews.com - May 28 at 9:32 PM |
| Insider Selling: Third Point Reinsurance Ltd (TPRE) Insider Sells 20,000 Shares of Stock
www.americanbankingnews.com - May 25 at 7:44 PM |
| Third Point Reinsurance Ltd. – Value Analysis (NYSE:TPRE) : May 22, 2017
finance.yahoo.com - May 22 at 7:16 PM |
| Third Point Reinsurance Ltd. breached its 50 day moving average in a Bullish Manner : TPRE-US : May 19, 2017
finance.yahoo.com - May 19 at 1:17 PM |
| $0.38 EPS Expected for Third Point Reinsurance Ltd (TPRE) This Quarter
www.americanbankingnews.com - May 9 at 10:06 AM |
 | Keefe, Bruyette & Woods Upgrades Third Point Reinsurance (TPRE) to Outperform
www.streetinsider.com - May 8 at 9:55 AM |
| Should Value Investors Pick Third Point Reinsurance (TPRE) Stock?
www.zacks.com - May 8 at 9:55 AM |
| Third Point Reinsurance Ltd. breached its 50 day moving average in a Bearish Manner : TPRE-US : May 8, 2017
finance.yahoo.com - May 8 at 9:55 AM |
| Third Point Reinsurance Ltd (TPRE) Upgraded at TheStreet
www.americanbankingnews.com - May 7 at 11:52 PM |
| Edited Transcript of TPRE earnings conference call or presentation 5-May-17 12:30pm GMT
finance.yahoo.com - May 6 at 9:13 AM |
 | Third Point Reinsurance's (TPRE) CEO John Berger on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 11:38 PM |
| Third Point Reinsurance posts 1Q profit
finance.yahoo.com - May 5 at 8:21 AM |
| Third Point Re Reports First Quarter 2017 Earnings Results
finance.yahoo.com - May 5 at 12:41 AM |
| Third Point Reinsurance (TPRE) Given Daily News Sentiment Rating of 0.27
www.americanbankingnews.com - May 3 at 8:34 PM |
| Third Point Reinsurance Ltd (TPRE) Scheduled to Post Quarterly Earnings on Thursday
www.americanbankingnews.com - May 2 at 3:36 PM |
| Third Point Reinsurance (TPRE) Earning Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 26 at 5:12 PM |
| Third Point Reinsurance Ltd. breached its 50 day moving average in a Bullish Manner : TPRE-US : April 26, 2017
finance.yahoo.com - April 26 at 8:43 AM |
| Third Point Reinsurance (TPRE) Earns Daily News Impact Score of 0.27
www.americanbankingnews.com - April 22 at 2:25 PM |
 | Third Point Reinsurance Ltd. Announces Date for First Quarter 2017 Earnings ...
www.prnewswire.com - April 22 at 11:13 AM |
| Third Point Reinsurance Ltd. Announces Date for First Quarter 2017 Earnings Release
finance.yahoo.com - April 20 at 10:34 PM |
| Third Point Reinsurance (TPRE) Receiving Somewhat Positive Media Coverage, Analysis Shows
www.americanbankingnews.com - April 19 at 9:45 AM |
| Third Point Reinsurance Ltd (TPRE) Expected to Post Earnings of $0.79 Per Share
www.americanbankingnews.com - April 18 at 2:56 PM |
| Third Point Reinsurance Ltd. Appoints David Govrin Executive Vice President, Underwriting for Third Point Reinsurance (USA) Ltd.
finance.yahoo.com - April 10 at 7:47 PM |
| A.M. Best Affirms Credit Ratings of Third Point Reinsurance Ltd. and Its Subsidiaries
finance.yahoo.com - March 28 at 8:12 PM |
| Third Point Reinsurance Ltd (TPRE) Receives Consensus Rating of “Hold” from Brokerages
www.americanbankingnews.com - March 9 at 3:39 PM |
| Edited Transcript of TPRE earnings conference call or presentation 24-Feb-17 1:30pm GMT
finance.yahoo.com - February 25 at 3:49 AM |
| THIRD POINT REINSURANCE LTD. Files SEC form 10-K, Annual Report
biz.yahoo.com - February 25 at 3:49 AM |
 | Loeb Embraces Trump ‘Paradigm Shift,’ Says Stocks Not Overvalued
www.bloomberg.com - February 24 at 11:08 AM |
| Q4 2016 Third Point Reinsurance Ltd Earnings Release - After Market Close
us.rd.yahoo.com - February 23 at 10:21 PM |
| THIRD POINT REINSURANCE LTD. Files SEC form 8-K, Results of Operations and Financial Condition
us.rd.yahoo.com - February 23 at 10:21 PM |
 | Third Point Re Reports Fourth Quarter 2016 Earnings Results
us.rd.yahoo.com - February 23 at 10:21 PM |
Third Point Reinsurance (TPRE) Chart for Friday, July, 28, 2017
