NYSE:TPRE - Third Point Reinsurance Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $10.41 +0.05 (+0.48 %) (As of 11/15/2018 04:00 PM ET)Previous Close$10.36Today's Range$10.19 - $10.4852-Week Range$10.19 - $17.05Volume729,866 shsAverage Volume653,493 shsMarket Capitalization$967.12 millionP/E Ratio3.95Dividend YieldN/ABeta1.15 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Third 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. Receive TPRE News and Ratings via Email Sign-up to receive the latest news and ratings for TPRE and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Fire, marine, & casualty insurance Sub-IndustryN/A SectorFinance Current SymbolNYSE:TPRE Previous Symbol CUSIPN/A Webwww.thirdpointre.com Phone1-441-542-3300 Debt Debt-to-Equity Ratio0.08 Current Ratio0.77 Quick Ratio0.77 Price-To-Earnings Trailing P/E Ratio3.95 Forward P/E Ratio41.64 P/E Growth2.79 Sales & Book Value Annual Sales$939.01 million Price / Sales1.04 Cash Flow$2.6222 per share Price / Cash3.97 Book Value$16.01 per share Price / Book0.65 Profitability EPS (Most Recent Fiscal Year)$2.63 Net Income$277.79 million Net Margins3.89% Return on Equity1.50% Return on Assets0.54% Miscellaneous Employees25 Outstanding Shares94,170,000Market Cap$967.12 million OptionableOptionable 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 announced that its board has initiated a stock buyback plan on Thursday, March 1st 2018, which authorizes the company to buyback $148,300,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its stock is undervalued. How were Third Point Reinsurance's earnings last quarter? Third Point Reinsurance Ltd (NYSE:TPRE) issued its quarterly earnings data on Tuesday, November, 6th. The insurance provider reported ($0.14) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.19) by $0.05. The insurance provider earned $124.40 million during the quarter. Third Point Reinsurance had a net margin of 3.89% and a return on equity of 1.50%. 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, February 27th 2019. View Earnings Estimates for Third Point Reinsurance. What price target have analysts set for TPRE? 3 Wall Street analysts have issued 12 month target prices for Third Point Reinsurance's stock. Their predictions range from $13.00 to $19.00. On average, they expect Third Point Reinsurance's share price to reach $16.3333 in the next twelve months. This suggests a possible upside of 56.9% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Third Point Reinsurance. Has Third Point Reinsurance been receiving favorable news coverage? News stories about TPRE stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Third Point Reinsurance earned a daily sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the near term. Are investors shorting Third Point Reinsurance? Third Point Reinsurance saw a drop in short interest during the month of October. As of October 15th, there was short interest totalling 1,037,021 shares, a drop of 47.2% from the September 28th total of 1,965,824 shares. Based on an average daily volume of 589,190 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.3% of the company's shares are short sold. View Third Point Reinsurance's Current Options Chain. Who are some of Third Point Reinsurance's key competitors? Some companies that are related to Third Point Reinsurance include Enstar Group (ESGR), Selective Insurance Group (SIGI), Mercury General (MCY), RLI (RLI), National General (NGHC), AmTrust Financial Services (AFSI), White Mountains Insurance Group (WTM), Aspen Insurance (AHL), ProAssurance (PRA), Navigators Group (NAVG), Horace Mann Educators (HMN), Universal Insurance (UVE), Employers (EIG), State Auto Financial (STFC) and Safety Insurance Group (SAFT). 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) Who are Third Point Reinsurance's major shareholders? Third Point Reinsurance's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.64%), Kelso & Company L.P. (6.19%), Dimensional Fund Advisors LP (4.40%), Capital International Investors (4.34%), Man Group plc (2.62%) and Capital World Investors (2.19%). Company insiders that own Third Point Reinsurance stock include 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 selling Third Point Reinsurance stock? TPRE stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Kelso & Company L.P., AQR Capital Management LLC, Robeco Institutional Asset Management B.V., Chicago Equity Partners LLC, JPMorgan Chase & Co., JPMorgan Chase & Co. and BlackRock Inc.. Company insiders that have sold Third Point Reinsurance company stock in the last year include Daniel S Loeb, J Robert Bredahl and Tp Holdings LP Kia. View Insider Buying and Selling for Third Point Reinsurance. Which major investors are buying Third Point Reinsurance stock? TPRE stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Schroder Investment Management Group, Dimensional Fund Advisors LP, Matarin Capital Management LLC, Massachusetts Financial Services Co. MA, Renaissance Technologies LLC, Man Group plc and Russell Investments Group Ltd.. 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 $10.41. How big of a company is Third Point Reinsurance? Third Point Reinsurance has a market capitalization of $967.12 million 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. What is Third Point Reinsurance's official website? The official website for Third Point Reinsurance is http://www.thirdpointre.com. 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: 2.4 out of 5 ( )Outperform Votes: 190 (Vote Outperform)Underperform Votes: 213 (Vote Underperform)Total Votes: 403MarketBeat'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 11/15/2018 by MarketBeat.com StaffFeatured Article: Why do companies engage in swaps?