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

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$10.21 -0.12 (-1.16 %)
(As of 01/21/2019 01:06 AM ET)
Previous Close$10.21
Today's Range$10.18 - $10.41
52-Week Range$8.85 - $14.90
Volume480,232 shs
Average Volume591,888 shs
Market Capitalization$961.48 million
P/E Ratio3.88
Dividend YieldN/A
Beta1
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.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone1-441-542-3300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$939.01 million
Cash Flow$2.5848 per share
Book Value$15.47 per share

Profitability

Net Income$277.79 million

Miscellaneous

Employees25
Market Cap$961.48 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 declared that its board has authorized a stock repurchase plan on Thursday, March 1st 2018, which authorizes the company to repurchase $148,300,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.

How were Third Point Reinsurance's earnings last quarter?

Third Point Reinsurance Ltd (NYSE:TPRE) posted its earnings results on Tuesday, November, 6th. The insurance provider reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.05. The insurance provider had revenue of $124.40 million for the quarter. Third Point Reinsurance had a return on equity of 1.50% and a net margin of 3.89%. 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 analysts have issued 1 year target prices for Third Point Reinsurance's stock. Their predictions range from $13.00 to $17.00. On average, they anticipate Third Point Reinsurance's share price to reach $15.00 in the next year. This suggests a possible upside of 46.9% 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 coverage about TPRE stock has trended somewhat negative on Sunday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Third Point Reinsurance earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned media coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

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 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 a variety of of retail and institutional investors. Top institutional investors include 6 Meridian (0.07%), Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.03%) 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, 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 Louisiana State Employees Retirement System, First Hawaiian Bank, State of Alaska Department of Revenue and 6 Meridian. Company insiders that have sold Third Point Reinsurance company stock in the last year include Daniel S Loeb and J Robert Bredahl. 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 $10.21.

How big of a company is Third Point Reinsurance?

Third Point Reinsurance has a market capitalization of $961.48 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 (star star)
Outperform Votes:  197 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  412
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 1/21/2019 by MarketBeat.com Staff

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