NYSE:TPRE - Third Point Reinsurance Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$11.43 -0.28 (-2.39 %)
(As of 10/18/2018 02:37 PM ET)
Previous Close$11.71
Today's Range$11.41 - $11.69
52-Week Range$11.41 - $17.10
Volume12,572 shs
Average Volume638,718 shs
Market Capitalization$1.30 billion
P/E Ratio4.45
Dividend YieldN/A
Beta1.09
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
SymbolNYSE:TPRE
CUSIPN/A
Phone1-441-542-3300

Debt

Debt-to-Equity Ratio0.07
Current Ratio0.57
Quick Ratio0.57

Price-To-Earnings

Trailing P/E Ratio4.45
Forward P/E Ratio15.24
P/E Growth1.16

Sales & Book Value

Annual Sales$939.01 million
Price / Sales1.21
Cash Flow$2.2724 per share
Price / Cash5.03
Book Value$15.47 per share
Price / Book0.74

Profitability

EPS (Most Recent Fiscal Year)$2.63
Net Income$277.79 million
Net Margins13.15%
Return on Equity5.66%
Return on Assets1.96%

Miscellaneous

Employees25
Outstanding Shares99,630,000
Market Cap$1.30 billion

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 authorized a stock buyback plan on Thursday, March 1st 2018, which permits the company to repurchase $148,300,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.

How were Third Point Reinsurance's earnings last quarter?

Third Point Reinsurance Ltd (NYSE:TPRE) issued its quarterly earnings data on Tuesday, July, 31st. The insurance provider reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.14. The insurance provider earned $172.67 million during the quarter, compared to the consensus estimate of $122.59 million. Third Point Reinsurance had a net margin of 13.15% and a return on equity of 5.66%. 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, November 14th 2018. View Earnings Estimates for Third Point Reinsurance.

What price target have analysts set for TPRE?

3 brokerages have issued 1-year price targets for Third Point Reinsurance's stock. Their forecasts range from $17.00 to $19.00. On average, they expect Third Point Reinsurance's share price to reach $17.6667 in the next year. This suggests a possible upside of 53.6% 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.

Are investors shorting Third Point Reinsurance?

Third Point Reinsurance saw a increase in short interest during the month of September. As of September 28th, there was short interest totalling 1,965,824 shares, an increase of 54.2% from the September 14th total of 1,274,456 shares. Based on an average daily volume of 1,006,676 shares, the short-interest ratio is currently 2.0 days. Currently, 2.6% of the shares of the stock are sold short. View Third Point Reinsurance's Current Options Chain.

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)

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 shareholders include Kelso & Company L.P. (6.19%) and First Hawaiian Bank (0.02%). 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 Kelso & Company L.P.. 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 bought by a variety of institutional investors in the last quarter, including First Hawaiian Bank. 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 $11.50.

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.

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:  2.3 out of 5 (star star)
Outperform Votes:  187 (Vote Outperform)
Underperform Votes:  211 (Vote Underperform)
Total Votes:  398
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 10/18/2018 by MarketBeat.com Staff

Featured Article: Put Option

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel