NYSE:TPRE - Third Point Reinsurance Stock Price, Price Target & More

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$12.75 +0.02 (+0.16 %)
(As of 07/17/2018 01:48 AM ET)
Previous Close$12.80
Today's Range$12.70 - $12.80
52-Week Range$12.27 - $17.10
Volume268,500 shs
Average Volume604,347 shs
Market Capitalization$1.30 billion
P/E Ratio9.24
Dividend YieldN/A
Beta1.11
Third Point Reinsurance logoThird Point Reinsurance Ltd., through its subsidiaries, provides specialty property and casualty reinsurance products to insurance and reinsurance companies worldwide. It underwrites homeowners, workers compensation, personal automobile, mortgage, and multi-line reinsurance; professional, transactional, and general liability reinsurance; and marine, travel, and extended warranty reinsurance products. The company was incorporated in 2011 and is based in Pembroke, Bermuda.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TPRE
CUSIPN/A
Phone1-441-542-3300

Debt

Debt-to-Equity Ratio0.07
Current Ratio0.62
Quick Ratio0.62

Price-To-Earnings

Trailing P/E Ratio9.24
Forward P/E Ratio9.51
P/E Growth0.64

Sales & Book Value

Annual Sales$939.01 million
Price / Sales1.39
Cash Flow$2.5862 per share
Price / Cash4.93
Book Value$15.47 per share
Price / Book0.82

Profitability

EPS (Most Recent Fiscal Year)$2.63
Net Income$277.79 million
Net Margins18.16%
Return on Equity9.08%
Return on Assets3.26%

Miscellaneous

Employees25
Outstanding Shares102,240,000
Market Cap$1,303.61

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Third Point Reinsurance (NYSE:TPRE) Frequently Asked Questions

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 will Third Point Reinsurance's stock buyback program work?

Third Point Reinsurance declared that its board has authorized a share buyback program on Thursday, March 1st 2018, which authorizes the company to repurchase $148,300,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

How were Third Point Reinsurance's earnings last quarter?

Third Point Reinsurance Ltd (NYSE:TPRE) released its quarterly earnings results on Wednesday, May, 9th. The insurance provider reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of ($0.22) by $0.04. The insurance provider had revenue of $140.28 million for the quarter, compared to the consensus estimate of $155.43 million. Third Point Reinsurance had a return on equity of 9.08% and a net margin of 18.16%. View Third Point Reinsurance's Earnings History.

When is Third Point Reinsurance's next earnings date?

Third Point Reinsurance is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Third Point Reinsurance.

What price target have analysts set for TPRE?

3 equities research analysts have issued 1-year target prices for Third Point Reinsurance's shares. Their predictions range from $17.00 to $19.00. On average, they expect Third Point Reinsurance's stock price to reach $17.6667 in the next year. This suggests a possible upside of 38.6% from the stock's current price. View Analyst Ratings for Third Point Reinsurance.

What is the consensus analysts' recommendation for Third Point Reinsurance?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Third Point Reinsurance in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Third Point Reinsurance's key competitors?

Who are Third Point Reinsurance's key executives?

Third Point Reinsurance's management team includes the folowing people:
  • Mr. James Robert Bredahl, Pres, CEO & Director (Age 55)
  • Mr. Christopher S. Coleman, Chief Financial Officer (Age 44)
  • Mr. Manoj K. Gupta, Head of IR & Bus. Devel. (Age 42)
  • Mr. Nicholas James Douglas Campbell, Chief Risk Officer (Age 49)
  • Mr. Daniel V. Malloy III, Chief Exec. Officer of Third Point Reinsurance Company Ltd (Age 58)

Has Third Point Reinsurance been receiving favorable news coverage?

News stories about TPRE stock have been trending positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Third Point Reinsurance earned a daily sentiment score of 0.45 on Accern's scale. They also assigned media stories about the insurance provider an impact score of 46.27 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Third Point Reinsurance's major shareholders?

Third Point Reinsurance's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Kelso & Company L.P. (9.78%) and Xact Kapitalforvaltning AB (0.02%). Company insiders that own Third Point Reinsurance stock include Anthony Urban, Brook Lvr LP Pine, Christopher S Coleman, Daniel S Loeb, Daniel V Malloy, J Robert Bredahl and Tp Holdings LP Kia. View Institutional Ownership Trends for Third Point Reinsurance.

Which major investors are buying Third Point Reinsurance stock?

TPRE stock was acquired by a variety of institutional investors in the last quarter, including Kelso & Company L.P. and Xact Kapitalforvaltning AB. View Insider Buying and Selling for Third Point Reinsurance.

How do I buy shares of Third Point Reinsurance?

Shares of TPRE 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 Third Point Reinsurance's stock price today?

One share of TPRE stock can currently be purchased for approximately $12.75.

How big of a company is Third Point Reinsurance?

Third Point Reinsurance has a market capitalization of $1.30 billion and generates $939.01 million in revenue each year. The insurance provider earns $277.79 million in net income (profit) each year or $2.63 on an earnings per share basis. Third Point Reinsurance employs 25 workers across the globe.

How can I contact Third Point Reinsurance?

Third Point Reinsurance's mailing address is POINT HOUSE 3 WATERLOO LANE, PEMBROKE D0, HM 08. The insurance provider can be reached via phone at 1-441-542-3300 or via email at [email protected]


MarketBeat Community Rating for Third Point Reinsurance (NYSE TPRE)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  161 (Vote Outperform)
Underperform Votes:  184 (Vote Underperform)
Total Votes:  345
MarketBeat's community ratings are surveys of what our community members think about Third Point Reinsurance and other stocks. Vote "Outperform" if you believe TPRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TPRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/17/2018 by MarketBeat.com Staff

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