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

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$13.05 -0.35 (-2.61 %)
(As of 09/24/2018 04:00 PM ET)
Previous Close$13.40
Today's Range$12.93 - $13.45
52-Week Range$12.27 - $17.10
Volume609,921 shs
Average Volume649,119 shs
Market Capitalization$1.34 billion
P/E Ratio5.06
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 Ratio0.57
Quick Ratio0.57

Price-To-Earnings

Trailing P/E Ratio5.06
Forward P/E Ratio17.40
P/E Growth1.19

Sales & Book Value

Annual Sales$939.01 million
Price / Sales1.38
Cash Flow$2.5145 per share
Price / Cash5.19
Book Value$15.47 per share
Price / Book0.84

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$1.34 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 initiated a stock buyback program on Thursday, March 1st 2018, which permits the company to repurchase $148,300,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were Third Point Reinsurance's earnings last quarter?

Third Point Reinsurance Ltd (NYSE:TPRE) released its quarterly earnings results on Tuesday, July, 31st. The insurance provider reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.14. The insurance provider had revenue of $172.67 million for the quarter, compared to analysts' expectations of $122.59 million. Third Point Reinsurance had a return on equity of 5.66% and a net margin of 13.15%. 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 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 anticipate Third Point Reinsurance's share price to reach $17.6667 in the next twelve months. This suggests a possible upside of 35.4% 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.

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.75%), Kelso & Company L.P. (9.78%), Dimensional Fund Advisors LP (3.40%), Robeco Institutional Asset Management B.V. (1.66%), Bank of New York Mellon Corp (1.04%) and Bank of New York Mellon Corp (1.04%). 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 institutional investors are selling Third Point Reinsurance stock?

TPRE stock was sold by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, Wells Fargo & Company MN, Russell Investments Group Ltd., Citadel Advisors LLC, Northern Trust Corp, Virginia Retirement Systems ET AL, Bank of New York Mellon Corp and Bank of New York Mellon Corp. 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 institutional 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., BlackRock Inc., Dimensional Fund Advisors LP, James Investment Research Inc., Renaissance Technologies LLC, Robeco Institutional Asset Management B.V., Massachusetts Financial Services Co. MA and Cubist Systematic Strategies LLC. 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 $13.05.

How big of a company is Third Point Reinsurance?

Third Point Reinsurance has a market capitalization of $1.34 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:  2.4 out of 5 (star star)
Outperform Votes:  184 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  391
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 9/24/2018 by MarketBeat.com Staff

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