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Third Point Reinsurance (TPRE) Competitors

Third Point Reinsurance logo

TPRE vs. SIGI, THG, WTM, ESGR, KMPR, MCY, LMND, PLMR, SPNT, and FIHL

Should you be buying Third Point Reinsurance stock or one of its competitors? The main competitors of Third Point Reinsurance include Selective Insurance Group (SIGI), The Hanover Insurance Group (THG), White Mountains Insurance Group (WTM), Enstar Group (ESGR), Kemper (KMPR), Mercury General (MCY), Lemonade (LMND), Palomar (PLMR), SiriusPoint (SPNT), and Fidelis Insurance (FIHL). These companies are all part of the "finance" sector.

Third Point Reinsurance vs.

Third Point Reinsurance (NYSE:TPRE) and Selective Insurance Group (NASDAQ:SIGI) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, institutional ownership, dividends, risk, earnings, media sentiment, analyst recommendations, community ranking and profitability.

Third Point Reinsurance has a beta of 1.2, indicating that its share price is 20% more volatile than the S&P 500. Comparatively, Selective Insurance Group has a beta of 0.6, indicating that its share price is 40% less volatile than the S&P 500.

Selective Insurance Group received 51 more outperform votes than Third Point Reinsurance when rated by MarketBeat users. Likewise, 59.92% of users gave Selective Insurance Group an outperform vote while only 47.95% of users gave Third Point Reinsurance an outperform vote.

CompanyUnderperformOutperform
Third Point ReinsuranceOutperform Votes
257
47.95%
Underperform Votes
279
52.05%
Selective Insurance GroupOutperform Votes
308
59.92%
Underperform Votes
206
40.08%

In the previous week, Selective Insurance Group had 10 more articles in the media than Third Point Reinsurance. MarketBeat recorded 10 mentions for Selective Insurance Group and 0 mentions for Third Point Reinsurance. Selective Insurance Group's average media sentiment score of 0.78 beat Third Point Reinsurance's score of 0.00 indicating that Selective Insurance Group is being referred to more favorably in the news media.

Company Overall Sentiment
Third Point Reinsurance Neutral
Selective Insurance Group Positive

70.1% of Third Point Reinsurance shares are held by institutional investors. Comparatively, 82.9% of Selective Insurance Group shares are held by institutional investors. 8.9% of Third Point Reinsurance shares are held by company insiders. Comparatively, 1.5% of Selective Insurance Group shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Selective Insurance Group has a consensus target price of $102.14, indicating a potential upside of 9.43%. Given Selective Insurance Group's stronger consensus rating and higher probable upside, analysts clearly believe Selective Insurance Group is more favorable than Third Point Reinsurance.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Third Point Reinsurance
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Selective Insurance Group
1 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.25

Selective Insurance Group has higher revenue and earnings than Third Point Reinsurance.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Third Point Reinsurance$982.70M1.40$200.62MN/AN/A
Selective Insurance Group$4.72B1.20$365.24M$3.7125.16

Selective Insurance Group has a net margin of 5.01% compared to Third Point Reinsurance's net margin of 0.00%. Selective Insurance Group's return on equity of 8.11% beat Third Point Reinsurance's return on equity.

Company Net Margins Return on Equity Return on Assets
Third Point ReinsuranceN/A 2.86% 1.13%
Selective Insurance Group 5.01%8.11%1.83%

Summary

Selective Insurance Group beats Third Point Reinsurance on 13 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TPRE vs. The Competition

MetricThird Point ReinsuranceFire, Marine, & Casualty Insurance IndustryFinance SectorNYSE Exchange
Market Cap$1.38B$43.54B$11.33B$19.18B
Dividend YieldN/A7.27%5.66%3.63%
P/E Ratio36.9510.4025.8041.26
Price / Sales1.401.5128.1517.51
Price / Cash4.7219.5618.4721.28
Price / Book0.962.282.625.32
Net Income$200.62M$3.90B$1.04B$989.88M

Third Point Reinsurance Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TPRE
Third Point Reinsurance
N/A$14.41
+0.1%
N/A+26.0%$1.38B$982.70M36.9543Analyst Forecast
News Coverage
High Trading Volume
SIGI
Selective Insurance Group
4.0947 of 5 stars
$97.51
+0.8%
$102.14
+4.8%
-5.6%$5.93B$4.23B26.072,650
THG
The Hanover Insurance Group
4.7501 of 5 stars
$154.47
+0.2%
$173.29
+12.2%
+27.9%$5.57B$6.16B15.404,800Analyst Forecast
WTM
White Mountains Insurance Group
2.9054 of 5 stars
$1,929.16
-1.3%
N/A+33.3%$4.96B$2.17B7.741,650Positive News
ESGR
Enstar Group
2.9315 of 5 stars
$323.86
-0.2%
N/A+11.2%$4.93B$1.31B4.91830Analyst Forecast
News Coverage
KMPR
Kemper
4.6459 of 5 stars
$67.87
+0.2%
$79.00
+16.4%
+36.8%$4.35B$4.63B16.128,100Analyst Downgrade
Positive News
MCY
Mercury General
3.8318 of 5 stars
$72.86
-0.4%
N/A+81.7%$4.03B$4.63B7.254,100Analyst Downgrade
LMND
Lemonade
2.9256 of 5 stars
$44.22
+5.5%
$30.43
-31.2%
+144.1%$3.16B$493.20M-14.461,258Insider Trade
High Trading Volume
PLMR
Palomar
2.4444 of 5 stars
$112.22
+2.3%
$111.67
-0.5%
+82.6%$2.97B$375.93M26.05150Insider Trade
SPNT
SiriusPoint
0.7629 of 5 stars
$15.60
+0.3%
N/A+25.7%$2.53B$2.74B9.781,063News Coverage
FIHL
Fidelis Insurance
2.9603 of 5 stars
$18.40
-3.6%
$21.50
+16.8%
+38.7%$2.17B$3.60B4.8277News Coverage

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This page (NYSE:TPRE) was last updated on 12/22/2024 by MarketBeat.com Staff
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