SiriusPoint Ltd. provides specialty property and casualty reinsurance products to insurance and reinsurance companies worldwide. More Details
Adequate balance sheet and fair value.
Share Price & News
How has SiriusPoint's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPNT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SPNT's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SPNT underperformed the US Insurance industry which returned 62.9% over the past year.
Return vs Market: SPNT exceeded the US Market which returned 50.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SiriusPoint's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StInvestors Who Bought SiriusPoint (NYSE:SPNT) Shares A Year Ago Are Now Up 46%
1 month ago | Simply Wall StFranklin Montross Is The Director of SiriusPoint Ltd. (NYSE:SPNT) And They Just Picked Up 42% More Shares
2 months ago | Simply Wall StHave Insiders Been Buying Third Point Reinsurance Ltd. (NYSE:TPRE) Shares?
Is SiriusPoint undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SPNT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SPNT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SPNT is good value based on its PE Ratio (2.3x) compared to the US Insurance industry average (11.3x).
PE vs Market: SPNT is good value based on its PE Ratio (2.3x) compared to the US market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SPNT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPNT is good value based on its PB Ratio (0.7x) compared to the US Insurance industry average (1.2x).
How is SiriusPoint forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SiriusPoint has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has SiriusPoint performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPNT has high quality earnings.
Growing Profit Margin: SPNT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SPNT has become profitable over the past 5 years, growing earnings by 8.5% per year.
Accelerating Growth: SPNT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SPNT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (44.5%).
Return on Equity
High ROE: SPNT's Return on Equity (17.6%) is considered low.
How is SiriusPoint's financial position?
Financial Position Analysis
Short Term Liabilities: SPNT's short term assets ($7.7B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: SPNT's short term assets ($7.7B) exceed its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: SPNT's debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: SPNT's debt to equity ratio has increased from 21.1% to 31.8% over the past 5 years.
Debt Coverage: SPNT's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: SPNT's interest payments on its debt are well covered by EBIT (48.1x coverage).
What is SiriusPoint current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPNT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPNT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SPNT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPNT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SPNT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sid Sankaran (42 yo)
Mr. Siddhartha Sankaran, also known as Sid, serves as the Chairman of the Board at SiriusPoint Ltd. (formerly known as Third Point Reinsurance Ltd.). since August 6, 2020 and also serves as its Chief Execu...
Experienced Management: SPNT's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: SPNT's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SPNT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 70.8%.
SiriusPoint Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: SiriusPoint Ltd.
- Ticker: SPNT
- Exchange: NYSE
- Founded: 2011
- Industry: Reinsurance
- Sector: Insurance
- Market Cap: US$1.675b
- Shares outstanding: 158.14m
- Website: https://www.siriuspt.com
Number of Employees
- SiriusPoint Ltd.
- Point House
- 3 Waterloo Lane
- HM 08
SiriusPoint Ltd. provides specialty property and casualty reinsurance products to insurance and reinsurance companies worldwide. It underwrites homeowners’ and commercial, workers’ compensation, personal a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 23:04|
|End of Day Share Price||2021/05/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.