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NYSE:TPREThird Point Reinsurance Stock Price, Forecast & News

+0.39 (+5.15 %)
(As of 06/4/2020 04:00 PM ET)
Today's Range
Now: $7.97
50-Day Range
MA: $7.52
52-Week Range
Now: $7.97
Volume334,400 shs
Average Volume561,429 shs
Market Capitalization$756.19 million
P/E RatioN/A
Dividend YieldN/A
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. The company was incorporated in 2011 and is based in Pembroke, Bermuda.
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Third Point Reinsurance logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.39 out of 5 stars

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance



Sales & Book Value

Annual Sales$982.70 million
Cash Flow$2.11 per share
Book Value$15.01 per share


Net Income$200.62 million


Market Cap$756.19 million
Next Earnings Date8/5/2020 (Estimated)

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Third Point Reinsurance (NYSE:TPRE) Frequently Asked Questions

How has Third Point Reinsurance's stock been impacted by COVID-19 (Coronavirus)?

Third Point Reinsurance's stock was trading at $7.76 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TPRE stock has increased by 2.7% and is now trading at $7.97. View which stocks have been most impacted by Coronavirus.

When is Third Point Reinsurance's next earnings date?

Third Point Reinsurance is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Third Point Reinsurance.

How were Third Point Reinsurance's earnings last quarter?

Third Point Reinsurance Ltd (NYSE:TPRE) released its quarterly earnings data on Thursday, May, 7th. The insurance provider reported ($1.99) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($2.10) by $0.11. The insurance provider had revenue of ($38.71) million for the quarter. Third Point Reinsurance had a net margin of 20.42% and a negative return on equity of 8.55%. View Third Point Reinsurance's earnings history.

Has Third Point Reinsurance been receiving favorable news coverage?

News headlines about TPRE stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Third Point Reinsurance earned a coverage optimism score of -5.0 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutThird Point Reinsurance.

Are investors shorting Third Point Reinsurance?

Third Point Reinsurance saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 1,030,000 shares, a decrease of 22.0% from the April 15th total of 1,320,000 shares. Based on an average daily trading volume, of 554,900 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.3% of the shares of the company are sold short. 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), Ring Energy (REI), Ring Energy (REI), Arch Capital Group (ACGL), Bed Bath & Beyond (BBBY), Blue Capital Reinsurance (BCRH), Energy Transfer LP Unit (ET), J C Penney (JCP) and Netflix (NFLX).

Who are Third Point Reinsurance's key executives?

Third Point Reinsurance's management team includes the following 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)

What is Third Point Reinsurance's stock symbol?

Third Point Reinsurance trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPRE."

Who are Third Point Reinsurance's major shareholders?

Third Point Reinsurance's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (12.58%), Wellington Management Group LLP (5.46%), Massachusetts Financial Services Co. MA (4.42%), State Street Corp (2.74%), Nuveen Asset Management LLC (1.71%) and Geode Capital Management LLC (1.16%). Company insiders that own Third Point Reinsurance stock include Christopher S Coleman, Daniel S Loeb, Daniel V Malloy, Justin J Brenden, Nicholas J D Campbell and Sid Sankaran. 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 State of Michigan Retirement System, Wells Fargo & Company MN, BlackRock Inc., AQR Capital Management LLC, Two Sigma Investments LP, Mountain Road Advisors LLC, Morgan Stanley, and Morgan Stanley. View insider buying and selling activity for Third Point Reinsurance.

Which institutional investors are buying Third Point Reinsurance stock?

TPRE stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Massachusetts Financial Services Co. MA, Nuveen Asset Management LLC, AJO LP, Martingale Asset Management L P, State Street Corp, JPMorgan Chase & Co., and Arbiter Partners Capital Management LLC. Company insiders that have bought Third Point Reinsurance stock in the last two years include Christopher S Coleman, Daniel V Malloy, Justin J Brenden, Nicholas J D Campbell, and Sid Sankaran. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Third Point Reinsurance's stock price today?

One share of TPRE stock can currently be purchased for approximately $7.97.

How big of a company is Third Point Reinsurance?

Third Point Reinsurance has a market capitalization of $756.19 million and generates $982.70 million in revenue each year. The insurance provider earns $200.62 million in net income (profit) each year or $2.16 on an earnings per share basis. Third Point Reinsurance employs 31 workers across the globe.

What is Third Point Reinsurance's official website?

The official website for Third Point Reinsurance is 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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff

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