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

$9.80
+0.07 (+0.72 %)
(As of 08/22/2019 09:23 AM ET)
Today's Range
$9.68
Now: $9.80
$9.82
50-Day Range
$9.40
MA: $10.15
$10.63
52-Week Range
$8.85
Now: $9.80
$13.65
Volume168,284 shs
Average Volume434,464 shs
Market Capitalization$921.59 million
P/E RatioN/A
Dividend YieldN/A
Beta1.07
Third Point Reinsurance Ltd., through its subsidiaries, provides specialty property and casualty reinsurance products to insurance and reinsurance companies worldwide. It underwrites homeowners' and commercial, workers' compensation, personal automobile, mortgage, and multi-line reinsurance products; professional, transactional, and general liability reinsurance products; and marine, travel, and extended warranty reinsurance products. Read More…

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone441-542-3300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$370.01 million
Book Value$14.84 per share

Profitability

Net Income$-317,690,000.00

Miscellaneous

Employees31
Market Cap$921.59 million
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 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 often a sign 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 earnings results on Wednesday, August, 7th. The insurance provider reported $0.57 EPS for the quarter, missing analysts' consensus estimates of $0.68 by $0.11. The insurance provider had revenue of $214.58 million for the quarter. 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 Tuesday, November 5th 2019. View Earnings Estimates for Third Point Reinsurance.

What price target have analysts set for TPRE?

1 Wall Street analysts have issued twelve-month price targets for Third Point Reinsurance's stock. Their predictions range from $13.00 to $13.00. On average, they anticipate Third Point Reinsurance's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 32.7% from the stock's current price. View Analyst Price Targets for Third Point Reinsurance.

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

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

Has Third Point Reinsurance been receiving favorable news coverage?

News stories about TPRE stock have trended positive this week, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Third Point Reinsurance earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media headlines about the insurance provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the near term. View News Stories for Third Point Reinsurance.

Are investors shorting Third Point Reinsurance?

Third Point Reinsurance saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,085,100 shares, an increase of 14.9% from the June 30th total of 944,600 shares. Based on an average daily trading volume, of 523,900 shares, the short-interest ratio is currently 2.1 days. Currently, 1.5% of the shares of the stock are short sold. View Third Point Reinsurance's Current Options Chain.

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

What other stocks do shareholders of Third Point Reinsurance own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Third Point Reinsurance investors own include Greenlight Capital Re (GLRE), Reinsurance Group of America (RGA), Blue Capital Reinsurance (BCRH), Arch Capital Group (ACGL), Bed Bath & Beyond (BBBY), Netflix (NFLX), J C Penney (JCP), Tetraphase Pharmaceuticals (TTPH), Uniti Group (UNIT) and Ford Motor (F).

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 56)
  • Mr. Christopher S. Coleman, Chief Financial Officer (Age 45)
  • Mr. Manoj K. Gupta, Head of IR & Bus. Devel. (Age 43)
  • Mr. Nicholas James Douglas Campbell, Chief Risk Officer (Age 50)
  • Mr. Daniel V. Malloy III, Chief Exec. Officer of Third Point Reinsurance Company Ltd (Age 59)

Who are Third Point Reinsurance's major shareholders?

Third Point Reinsurance's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.83%), Vanguard Group Inc. (8.27%), JPMorgan Chase & Co. (1.71%), Man Group plc (1.70%), D. E. Shaw & Co. Inc. (1.48%) and Nuveen Asset Management LLC (1.44%). Company insiders that own Third Point Reinsurance stock include Daniel S Loeb, Daniel V Malloy, J Robert Bredahl, Nicholas J D Campbell 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 Price T Rowe Associates Inc. MD, Robeco Institutional Asset Management B.V., AQR Capital Management LLC, Bank of America Corp DE, Athanor Capital LP, JPMorgan Chase & Co., Russell Investments Group Ltd. and Wells Fargo & Company MN. View Insider Buying and Selling 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 Nuveen Asset Management LLC, D. E. Shaw & Co. Inc., Renaissance Technologies LLC, Morgan Stanley, Zacks Investment Management, Prudential Financial Inc., Vanguard Group Inc. and Virginia Retirement Systems ET AL. Company insiders that have bought Third Point Reinsurance stock in the last two years include Daniel V Malloy and Nicholas J D Campbell. 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 $9.80.

How big of a company is Third Point Reinsurance?

Third Point Reinsurance has a market capitalization of $921.59 million and generates $370.01 million in revenue each year. The insurance provider earns $-317,690,000.00 in net income (profit) each year or ($3.27) on an earnings per share basis. Third Point Reinsurance employs 31 workers across the globe.View Additional Information About Third Point Reinsurance.

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 3 WATERLOO LANE, PEMBROKE D0, HM 08. The insurance provider can be reached via phone at 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:  226 (Vote Outperform)
Underperform Votes:  247 (Vote Underperform)
Total Votes:  473
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 8/22/2019 by MarketBeat.com Staff

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