SiriusPoint (SPNT) to Release Earnings on Monday

SiriusPoint (NYSE:SPNT - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Monday, May 5th. Analysts expect SiriusPoint to post earnings of $0.26 per share and revenue of $688.00 million for the quarter.

SiriusPoint (NYSE:SPNT - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.49). SiriusPoint had a return on equity of 8.73% and a net margin of 7.68%. The firm had revenue of $612.80 million for the quarter.

SiriusPoint Stock Performance

NYSE SPNT traded down $0.48 on Friday, reaching $16.12. The stock had a trading volume of 5,974 shares, compared to its average volume of 598,411. The firm has a fifty day moving average of $15.65 and a two-hundred day moving average of $14.94. The company has a market cap of $2.62 billion, a P/E ratio of 16.88 and a beta of 0.72. SiriusPoint has a 1-year low of $11.54 and a 1-year high of $17.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.57 and a quick ratio of 0.56.

Insiders Place Their Bets

In other SiriusPoint news, Director Daniel S. Loeb sold 4,106,631 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $13.71, for a total transaction of $56,301,911.01. Following the sale, the director now directly owns 9,428,008 shares of the company's stock, valued at $129,257,989.68. The trade was a 30.34 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 10.32% of the company's stock.

Analysts Set New Price Targets

SPNT has been the subject of a number of recent research reports. Jefferies Financial Group started coverage on shares of SiriusPoint in a report on Tuesday, April 15th. They issued a "hold" rating and a $17.00 price objective for the company. DOWLING & PARTN upgraded shares of SiriusPoint from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th.

About SiriusPoint

SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides aviation and space, accident and health, casualty, credit, marine and energy, property to insurance and reinsurance companies, government entities, and other risk bearing vehicles.