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


Third Point Reinsurance Ltd. Common Shares (TPRE)

Today's Latest Price: $8.20 USD

0.13 (1.61%)

Updated Oct 23 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 8 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; merely 6.65% 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 -72.62%; that's higher than only 24.57% of US stocks.
  • Revenue growth over the past 12 months for Third Point Reinsurance Ltd comes in at 20.66%, a number that bests 79.77% of the US stocks we're tracking.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Third Point Reinsurance Ltd are TUSK, PDCE, SGOC, BRY, and NES.
  • 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 $8.20 52-week high $11.52
Prev. close $8.07 52-week low $5.64
Day low $8.11 Volume 189,274
Day high $8.29 Avg. volume 442,348
50-day MA $8.00 Dividend yield N/A
200-day MA $8.28 Market Cap 778.34M

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:
$8.20$2.9 -63%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Third Point Reinsurance Ltd. To summarize, we found that Third Point Reinsurance Ltd ranked in the 24th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Third Point Reinsurance Ltd ended up being:

  • Interest coverage, a measure of earnings relative to interest payments, is -4.12 -- which is good for besting only 6.46% of its peer stocks (US stocks in the Financial Services sector with positive cash flow).
  • The company's compound free cash flow growth rate over the past 5.45 years comes in at -0.09%; that's greater than merely 15.32% of US stocks we're applying DCF forecasting to.
  • Third Point Reinsurance Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-64%
1%-64%
2%-63%
3%-63%
4%-63%
5%-62%

For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TPRE, try NICK, WTRE, LNC, HLNE, and FDS.


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.

What to Expect in 2021: Reinsurance Market Moving From ‘Timid’ to ‘Hard’

Speaking at one of the many virtual conferences that took place in early September, Dan Malloy, chief executive officer of Bermuda-based Third Point Reinsurance, offered an anecdotal view of the reinsurance market from a broker he knows. “It isn’t a …

Insurance Journal | September 18, 2020

Third Point Reinsurance reports Q2 results

Third Point Reinsurance (TPRE): Q2 GAAP EPS of $1.33.Revenue of $278.02M (+29.6% Y/Y)Press Release...

Seeking Alpha | August 7, 2020

Third Point Re and Sirius Group Agree to Merger in Deal Worth $788M

Third Point Reinsurance and Sirius International Insurance Group, a global multi-line insurer and reinsurer, announced they have entered into a definitive agreement for Third Point Re and Sirius Group to combine in a cash and stock transaction worth $788 million. …

Insurance Journal | August 7, 2020

AM Best Places Credit Ratings of Third Point Reinsurance Ltd. and Its Subsidiaries Under Review with Developing Implications

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Third Point Reinsurance Company Ltd. (Bermuda) and Third Point Reinsurance (USA) Ltd. (Bermuda). AM Best also has placed under review with developing implications the Long-Term ICRs of “bbb-” of Third Point Re (USA) Holdings, Inc. (TP USA) (Wilmington, DE) and its ultimate holding company,

Business Wire | August 7, 2020

Third Point Reinsurance Ltd. Announces Date for Second Quarter 2020 Earnings Release

Third Point Reinsurance Ltd. (NYSE: TPRE) ("Company") today announced that it is planning to release its second quarter 2020 financial results after the market close on Thursday, August 6, 2020. The Company will also hold a conference call to discuss its financial results at 8:30 am (Eastern Time) on Friday, August 7, 2020.

Yahoo | July 24, 2020

Read More 'TPRE' Stories Here

TPRE Price Returns

1-mo 20.23%
3-mo 1.11%
6-mo 6.77%
1-year -12.95%
3-year -50.15%
5-year -40.92%
YTD -22.05%
2019 9.13%
2018 -34.20%
2017 26.84%
2016 -13.87%
2015 -7.45%

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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