SiriusPoint (SPNT) Stock Price, News & Analysis

Company Overview

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. This segment offers medical insurance products, trip cancellation programs, medical management services, and 24/7 emergency medical and travel assistance services. The Insurance & Services segment provides accident and health, marine and energy, property and casualty, mortgage, environmental, workers' compensation, commercial auto lines, professional liability, and other lines of business. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.

Key Stats

• Today's Range: $15.39 to $15.74
• 50-Day Range: $12.92 to $15.30
• 52-Week Range: $10.34 to $15.74
• Volume: 39,686 shs
• Average Volume: 559,132 shs
• Market Capitalization: $2.52 billion
• P/E Ratio: 9.79
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SiriusPoint Stock Analysis - MarketRank™

SiriusPoint scored higher than 42% of companies evaluated by MarketBeat, and ranked 741st out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for SiriusPoint.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of SiriusPoint is 9.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of SiriusPoint is 9.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.28.

Price to Book Value per Share Ratio

SiriusPoint has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.04% of the float of SiriusPoint has been sold short.

Short Interest Ratio / Days to Cover

SiriusPoint has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SiriusPoint has recently decreased by 11.18%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SiriusPoint does not currently pay a dividend.

Dividend Growth

SiriusPoint does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.04% of the float of SiriusPoint has been sold short.

Short Interest Ratio / Days to Cover

SiriusPoint has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SiriusPoint has recently decreased by 11.18%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.65

News Sentiment

SiriusPoint has a news sentiment score of 1.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for SiriusPoint this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SiriusPoint insiders have not sold or bought any company stock.

Percentage Held by Insiders

10.32% of the stock of SiriusPoint is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

52.79% of the stock of SiriusPoint is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SPNT Stock Analysis - Frequently Asked Questions

How have SPNT shares performed this year?

SiriusPoint's stock was trading at $11.60 at the start of the year. Since then, SPNT stock has increased by 34.2% and is now trading at $15.57.
View the best growth stocks for 2024 here.

How were SiriusPoint's earnings last quarter?

SiriusPoint Ltd. (NYSE:SPNT) released its quarterly earnings results on Wednesday, November, 3rd. The company reported ($0.34) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.60) by $0.26. The firm earned $732.60 million during the quarter. SiriusPoint had a net margin of 11.94% and a trailing twelve-month return on equity of 12.91%.

Who are SiriusPoint's major shareholders?

SiriusPoint's top institutional shareholders include Wellington Management Group LLP (6.09%), Donald Smith & CO. Inc. (4.09%), Private Management Group Inc. (2.68%) and State Street Corp (2.21%).
View institutional ownership trends.

How do I buy shares of SiriusPoint?

Shares of SPNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SiriusPoint own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SiriusPoint investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 11/03/2021
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/18/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Insurance
• Current Symbol: NYSE:SPNT
• CUSIP: N/A
• CIK: 1576018
• Web: www.siriuspt.com
• Phone: (441) 542-3300
• Fax: N/A
• Employees: 1,063
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.59
• Trailing P/E Ratio: 9.62
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $354.80 million
• Net Margins: 11.94%
• Pretax Margin: 9.25%
• Return on Equity: 12.91%
• Return on Assets: 2.45%

Debt

• Debt-to-Equity Ratio: 0.26
• Current Ratio: 0.56
• Quick Ratio: 0.56

Sales & Book Value

• Annual Sales: $2.74 billion
• Price / Sales: 0.90
• Cash Flow: $1.83 per share
• Price / Cash Flow: 8.36
• Book Value: $15.42 per share
• Price / Book: 0.99

Miscellaneous

• Outstanding Shares: 161,870,000
• Free Float: 145,162,000
• Market Cap: $2.48 billion
• Optionable: Optionable
• Beta: 0.94