Financial Services -
Insurance - Reinsurance - NYSE - BM
$ 15.47
-3.61 %
$ 2.51 B
Market Cap
14.88
P/E
1. INTRINSIC VALUE
Balance Sheet
SiriusPoint Ltd.
| Current Assets | 8.12 B |
| Cash & Short-Term Investments | 6.03 B |
| Receivables | 2.1 B |
| Other Current Assets | 0 |
| Non-Current Assets | 438 M |
| Long-Term Investments | 574 M |
| PP&E | 0 |
| Other Non-Current Assets | -137 M |
| Current Liabilities | 1.8 B |
| Accounts Payable | 1.8 B |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 76.2 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 76.2 M |
EFFICIENCY
Earnings Waterfall
SiriusPoint Ltd.
| Revenue | 2.6 B |
| Cost Of Revenue | 0 |
| Gross Profit | 2.6 B |
| Operating Expenses | 2.61 B |
| Operating Income | 0 |
| Other Expenses | -202 M |
| Net Income | 202 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
SiriusPoint Ltd.
| Net Income | 202 M |
| Depreciation & Amortization | -49.3 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 20.7 M |
| Change in Working Capital | 0 |
| Others | -204 M |
| Free Cash Flow | 74.7 M |
Wall Street Analysts Price Targets
SiriusPoint Ltd.
SPNT has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.15%
DIVIDEND YIELD
0.5 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
SiriusPoint Ltd.
Sold
0-3 MONTHS
56.3 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
28.9 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Fitch Ratings Revises Outlook on SiriusPoint to Positive Based on Significant Underwriting Performance Improvement
HAMILTON, Bermuda, March 05, 2025 (GLOBE NEWSWIRE) -- Fitch Ratings (Fitch) has today announced that it has affirmed the ratings of SiriusPoint Ltd. (“SiriusPoint” or the “Company”), including its Long-Term Issuer Default Rating at ‘BBB', its senior debt rating at ‘BBB-‘ and its Insurer Financial Strength (IFS) rating at ‘A-‘ (Strong) of SiriusPoint's subsidiaries. It has also revised the Company's Outlook to Positive from Stable.
globenewswire.com
- 1 month ago
SiriusPoint Announces Closing of CM Bermuda Transaction & Completion of Registered Secondary Offering of 4,106,631 Common Shares by Entities Associated with Daniel S. Loeb
HAMILTON, Bermuda, Feb. 27, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint”) (NYSE: SPNT), a global specialty insurer and reinsurer, announced today the closing of its previously announced transaction to repurchase all SiriusPoint common shares and warrants held by CM Bermuda Limited (“CM Bermuda”) for an aggregate purchase price of $733 million.
globenewswire.com
- 1 month ago
SiriusPoint Announces Pricing of Secondary Offering of 4,106,631 Common Shares by Entities Associated with Daniel S. Loeb and Repurchase of 500,000 Shares by SiriusPoint
HAMILTON, Bermuda, Feb. 25, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT) today announced the pricing of its previously announced registered secondary offering by entities associated with Daniel S. Loeb (colllectively, the “Loeb Entities”) of an aggregate of 4,106,631 common shares at a price to the public of $14.00 per share. The offering is expected to close on February 27, 2025, subject to the satisfaction of customary closing conditions.
globenewswire.com
- 1 month ago
SiriusPoint Announces Secondary Offering of 4,106,631 Common Shares by Entities Associated with Daniel S. Loeb and Potential Repurchase of up to 2,000,000 Common Shares by SiriusPoint
HAMILTON, Bermuda, Feb. 25, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT) today announced that entities associated with Daniel S. Loeb (collectively, the “Loeb Entities”) are offering an aggregate of 4,106,631 common shares through a registered secondary offering.
globenewswire.com
- 1 month ago
SiriusPoint Ltd. (SPNT) Q4 2024 Earnings Call Transcript
SiriusPoint Ltd. (NYSE:SPNT ) Q4 2024 Earnings Conference Call February 19, 2025 8:30 AM ET Company Participants Liam Blackledge - Senior Associate, Investor Relations & Strategy Scott Egan - Chief Executive Officer Jim McKinney - Chief Financial Officer Conference Call Participants Operator Good morning, ladies and gentlemen and welcome to SiriusPoint's Fourth Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 1 month ago
SiriusPoint reports ninth consecutive quarter of underwriting profits with FY Core combined ratio of 91.0%
HAMILTON, Bermuda, Feb. 18, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today announced results for its fourth quarter ended December 31, 2024
globenewswire.com
- 1 month ago
SiriusPoint Announces Date for Fourth Quarter and Full Year 2024 Earnings Release
HAMILTON, Bermuda, Feb. 05, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (NYSE: SPNT) (“SiriusPoint” or the “Company”) today announced that it is planning to release its fourth quarter and full year 2024 financial results after the market close on Tuesday, February 18, 2025. The Company will also hold a webcast, which can also be accessed as a conference call, to discuss its financial results at 8:30 am (Eastern Time) on Wednesday, February 19, 2025.
globenewswire.com
- 2 months ago
SiriusPoint Announces Dividend on Series B Preference Shares
HAMILTON, Bermuda, Jan. 29, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a global specialty insurer and reinsurer, has today announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. has approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on or prior to February 28, 2025 to Series B shareholders of record as of February 13, 2025.
globenewswire.com
- 2 months ago
Why Is Insurer SiriusPoint Stock Trading Higher On Tuesday?
SiriusPoint Ltd SPNT stock is trading higher on Tuesday after the specialty insurer and reinsurer announced the repurchase of all SiriusPoint common shares and warrants held by CM Bermuda Limited for $733 million.
benzinga.com
- 3 months ago
SiriusPoint Announces Full Repurchase of CM Bermuda Shares
HAMILTON, Bermuda, Dec. 30, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint”) (NYSE: SPNT), a global specialty insurer and reinsurer, announced today it has entered into an agreement to repurchase all SiriusPoint common shares and warrants held by CM Bermuda Limited (“CM Bermuda”) for an aggregate purchase price of $733 million.
globenewswire.com
- 3 months ago
SiriusPoint Announces Changes to Chief Underwriting Office Leadership to Support Future Growth Strategy
HAMILTON, Bermuda, Nov. 11, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint”) (NYSE: SPNT), a global specialty insurer and reinsurer, has today announced changes to its Chief Underwriting Office leadership to support plans for further growth and profitability in 2025.
globenewswire.com
- 5 months ago
SiriusPoint Ltd. (SPNT) Q3 2024 Earnings Call Transcript
SiriusPoint Ltd. (NYSE:SPNT ) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Liam Blackledge - Investor Relations and Strategy Scott Egan - Chief Executive Officer James McKinney - Chief Financial Officer Conference Call Participants Operator Good morning, ladies and gentlemen and welcome to SiriusPoint's Third Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 5 months ago
8. Profile
Summary
SiriusPoint Ltd. SPNT
COUNTRY
BM
INDUSTRY
Insurance - Reinsurance
MARKET CAP
$ 2.51 B
Dividend Yield
0.15%
Description
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 coverage to various product lines, which includes aviation and space, casualty, contingency, credit and bond, marine and energy, mortgage, and property to insurance and reinsurance companies, government entities, and other risk bearing vehicles. The Insurance & Services segment offers coverage to various product lines comprising accident and health, environmental, workers' compensation, and other lines of business, including a cross section of property and casualty lines. 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.
Contact
Point Building, Pembroke, HM 08
https://www.siriuspt.com
IPO
Date
Aug. 15, 2013
Employees
1012
Officers
Mr. Justin J. Brenden
Executive Vice President & Chief Reserving Actuary
Mr. Evan Michael Cabat
Senior Vice President, Global Controller & Chief Accounting Officer
Mr. Nestor Lopez
Chief Information & Technology Officer
Mr. Nicholas James Douglas Campbell
Global Head of Specialty
Mr. Robin John Llewellyn Gibbs
President & Chief Executive Officer of SiriusPoint International
Mr. David Evan Govrin
Group President & Chief Executive Officer of Global Reinsurance
Mr. James J. McKinney
Chief Financial Officer
Ms. Karen Margaret Caddick
Chief Human Resources Officer
Ms. Linda S. Lin
Chief Legal Officer & Corporate Secretary
Mr. Scott Egan ACMA, MBA
Chief Executive Officer & Director