Third Point Reinsurance Ltd. Common Shares (TPRE): Price and Financial Metrics


Third Point Reinsurance Ltd. Common Shares (TPRE)

Today's Latest Price: $9.76 USD

0.23 (-2.30%)

Updated Jan 21 12:59pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 10 in Insurance - Reinsurance

See all "A" rated Strong Buy stocks

TPRE Stock Summary

  • Of note is the ratio of Third Point Reinsurance Ltd's sales and general administrative expense to its total operating expenses; only 10.35% of US stocks have a lower such ratio.
  • In terms of twelve month growth in earnings before interest and taxes, Third Point Reinsurance Ltd is reporting a growth rate of -140.32%; that's higher than merely 14.04% of US stocks.
  • Revenue growth over the past 12 months for Third Point Reinsurance Ltd comes in at 16.42%, a number that bests 76.48% of the US stocks we're tracking.
  • Stocks that are quantitatively similar to TPRE, based on their financial statements, market capitalization, and price volatility, are PHX, BCEI, AMPY, OPRA, and BRY.
  • TPRE's SEC filings can be seen here. And to visit Third Point Reinsurance Ltd's official web site, go to www.thirdpointre.com.

TPRE Stock Price Chart Interactive Chart >

Price chart for TPRE

TPRE Price/Volume Stats

Current price $9.76 52-week high $11.52
Prev. close $9.99 52-week low $5.64
Day low $9.75 Volume 82,795
Day high $9.99 Avg. volume 286,772
50-day MA $9.52 Dividend yield N/A
200-day MA $8.26 Market Cap 932.36M

Third Point Reinsurance Ltd. Common Shares (TPRE) Company Bio


Third Point Reinsurance Ltd. provides various specialty property and casualty reinsurance products in the Americas, Europe, the Middle East, Africa, and Asia. The company operates in two segments, Property and Casualty Reinsurance, and Catastrophe Risk Management. The company was founded in 2011 and is based in Pembroke, Bermuda.

TPRE Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$9.76$3.04 -70%

We started the process of determining a valid price forecast for Third Point Reinsurance Ltd with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Third Point Reinsurance Ltd ranked in the 25th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Third Point Reinsurance Ltd, consider:

  • Interest coverage, a measure of earnings relative to interest payments, is 6.16; that's higher than 57.35% of US stocks in the Financial Services sector that have positive free cash flow.
  • The company's compound free cash flow growth rate over the past 5.5 years comes in at -0.16%; that's greater than merely 10.05% of US stocks we're applying DCF forecasting to.
  • 88% of the company's capital comes from equity, which is greater than 68.45% of stocks in our cash flow based forecasting set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-70%
1%-70%
2%-70%
3%-69%
4%-69%
5%-69%

HLNE, NMFC, PRA, SLF, and GDOT can be thought of as valuation peers to TPRE, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.


TPRE Latest News Stream


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Latest TPRE News From Around the Web

Below are the latest news stories about Third Point Reinsurance Ltd that investors may wish to consider to help them evaluate TPRE as an investment opportunity.

Activist hedge fund manager Daniel Loeb takes on Intel, plans launch of new VC fund

Third Point, the activist hedge fund run by Daniel Loeb, is busy in the waning days of 2020. First, we learned via Asa Fitch at the Wall Street Journal yesterday that the hedge fund sent a vituperative shareholder letter to Intel chair Omar Ishrak, demanding wide-scale changes in its management after the American chipmaker fell dramatically behind rivals in recent years. As I noted in TechCrunch’s 2020 wrapup of the semiconductor industry, Intel has a make-or-break moment coming next year, and now with even further activist pressure from hedge funds, the push to fix Intel’s underlying problems is intensifying.

Yahoo | December 30, 2020

Intel (INTC) Reportedly Advised by Third Point to Explore Options

Intel (INTC) advised by Third Point LLC to look at strategic alternatives to improve performance.

Yahoo | December 30, 2020

Third point urges intel to explore deal options

Hedge fund Third Point urges Intel to explore deal options. Yahoo Finance's Brian Sozzi, Myles Udland and Julie Hyman discuss. 

Yahoo | December 30, 2020

Activist investor calls for breakup of chipmaker Intel

Intel shares have risen after one of the world’s most prominent activist investors called for a partial breakup of the technology company. Third Point, the activist hedge fund, has urged Intel chairman Omar Ishrak to spin out the company’s computer chip manufacturing business and to undo a series of costly acquisitions. Deals such as Intel’s $16.7bn (£12.3bn) purchase of chipmaker Altera in 2015 should be reversed, the activist fund has said. Shares in Intel rose 6.1pc on Tuesday following a Reuters report on a letter sent by Third Point head Daniel Loeb to Mr Ishrak, the highest one-day rise in the company’s share price in more than eight months. Mr Loeb’s fund has amassed a stake in Intel worth around $1bn. “Without immediate change at Intel, we fear that America’s access to leading-e...

Yahoo | December 30, 2020

Noted Activist Investor Calls on Intel to Explore Strategic Alternatives

Daniel Loeb, the influential activist investor and CEO of hedge fund Third Point, is pushing for changes at chip giant Intel (NASDAQ: INTC). Loeb articulated these in a letter sent to the chairman of the company's board, Omar Ishrak, on Tuesday. Claiming that the company is effectively ceding its once dominant position to Asia-based rivals and onetime customers like Apple, Loeb wrote that Intel's board should "evaluate strategic alternatives."

Yahoo | December 29, 2020

Read More 'TPRE' Stories Here

TPRE Price Returns

1-mo 8.81%
3-mo 19.02%
6-mo 20.35%
1-year -8.79%
3-year -32.22%
5-year -16.51%
YTD 2.52%
2020 -9.51%
2019 9.13%
2018 -34.20%
2017 26.84%
2016 -13.87%

Continue Researching TPRE

Here are a few links from around the web to help you further your research on Third Point Reinsurance Ltd's stock as an investment opportunity:

Third Point Reinsurance Ltd (TPRE) Stock Price | Nasdaq
Third Point Reinsurance Ltd (TPRE) Stock Quote, History and News - Yahoo Finance
Third Point Reinsurance Ltd (TPRE) Stock Price and Basic Information | MarketWatch


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