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


Third Point Reinsurance Ltd. Common Shares (TPRE)

Today's Latest Price: $8.44 USD

0.35 (4.33%)

Updated Jun 5 4:10pm

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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; only 7.06% of US stocks have a lower such ratio.
  • With a year-over-year growth in debt of 41.78%, Third Point Reinsurance Ltd's debt growth rate surpasses 76.79% of about US stocks.
  • As for revenue growth, note that TPRE's revenue has grown 18.27% over the past 12 months; that beats the revenue growth of 77.11% of US companies in our set.
  • If you're looking for stocks that are quantitatively similar to Third Point Reinsurance Ltd, a group of peers worth examining would be TUSK, MCF, ERF, BRY, and PTEN.
  • Visit TPRE's SEC page to see the company's official filings. To visit the company's web site, go to www.thirdpointre.com.
TPRE Daily Price Range
TPRE 52-Week Price Range

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TPRE Price/Volume Stats

Current price $8.44 52-week high $11.52
Prev. close $8.09 52-week low $5.64
Day low $8.41 Volume 477,350
Day high $8.68 Avg. volume 534,975
50-day MA $7.52 Dividend yield N/A
200-day MA $9.20 Market Cap 800.80M

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:
$8.44$463.695718%

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 95th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for TPRE, they are:

  • In the past 5.5 years, Third Point Reinsurance Ltd has a compound free cash flow growth rate of 1.28%; that's better than 96% of cash flow producing equities in the Financial Services sector, where it is classified.
  • Third Point Reinsurance Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 1 -- greater than only 24.1% of US stocks with positive free cash flow.
  • Third Point Reinsurance Ltd's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -13.13. This coverage rate is greater than that of merely 6.33% of stocks we're observing for the purpose of forecasting via discounted cash flows.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%5604%
1%5661%
2%5718%
3%5775%
4%5832%
5%5889%

SUNS, NMIH, JRVR, MCC, and AMTD 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.

Hedge Fund Investing Isn’t Just for the Rich. How Regular Folks Can Try It.

Alternative reinsurance stocks represent a leveraged bet on the performance of some of the world’s most famous hedge funds.

Yahoo | June 2, 2020

Third Point Reinsurance (TPRE) Q1 2020 Earnings Call Transcript

Image source: The Motley Fool. Third Point Reinsurance (NYSE: TPRE)Q1 2020 Earnings CallMay 08, 2020, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGreetings, and welcome to the Third Point Reinsurance first-quarter 2020 earnings conference.

Yahoo | May 8, 2020

Third Point Re Announces First Quarter 2020 Earnings Results

Third Point Reinsurance Ltd. ("Third Point Re" or the "Company") (NYSE:TPRE) today announced results for its first quarter ended March 31, 2020.

Yahoo | May 7, 2020

What You Must Know About Third Point Reinsurance Ltd.'s (NYSE:TPRE) Beta Value

Anyone researching Third Point Reinsurance Ltd. (NYSE:TPRE) might want to consider the historical volatility of the...

Yahoo | April 16, 2020

Edited Transcript of TPRE earnings conference call or presentation 28-Feb-20 1:30pm GMT

Q4 2019 Third Point Reinsurance Ltd Earnings Call

Yahoo | March 12, 2020

Read More 'TPRE' Stories Here

TPRE Price Returns

1-mo 14.67%
3-mo -2.31%
6-mo -11.62%
1-year -18.22%
3-year -36.78%
5-year -41.31%
YTD -19.77%
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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