Siriuspoint Ltd

Siriuspoint Ltd

SPNT · NYSE · Financial Services / Insurance - Reinsurance

26.57USD-0.24 (-0.90%)

Price History

Full chart

Market Stats

Previous Close26.81
Open27.03
Day Range26.44 – 27.17
52-Week Range17.39 – 26.50
Volume852.69K
Market Cap2.88B
P/E (TTM)6.12
Forward P/E9.23
EPS4.06
Dividend Yield0.00%
Beta0.61
50-Day Avg24.28
200-Day Avg22.59

About

SiriusPoint Ltd. provides multi-line reinsurance and insurance products and services worldwide. It operates in four segments: Global P&C Programs, Global Reinsurance, Global Accident & Health, and London Market Specialty. Global P&C Programs segment offers programs space, by further strengthening its offering to clients and distribution partners globally. , Global Reinsurance segment provides casualty, property, and other specialties, such as proportional and excess of loss, treaty and facultative, aviation and space, marine and energy and, credit to insurance and reinsurance companies, government entities, and other risk bearing vehicles. London Market Specialty segment provides London casualty, energy, property, and marine leaders services. It provides accident and health, property and casualty, aviation and space, credit, surety, marine and energy, and mortgage. It offers medical insurance products, trip cancellation programs, medical management services, and 24/7 emergency medical and travel assistance services. 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.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Reinsurance
  • CEOMr. Scott Egan ACMA, MBA
  • Employees1.04K
  • HeadquartersPoint Building, Pembroke, Bermuda, HM 08, USA
  • Websitehttps://www.siriuspt.com

Leadership

  • Mr. Scott Egan ACMA, MBACEO & Director · b. 1971
  • Mr. David Evan GovrinGroup President & Chief Executive Officer of Global Reinsurance and London Market Speciality · b. 1964
  • Mr. James John McKinneyCFO & Principal Accounting Officer · b. 1980
  • Mr. Thomas Clifford LeonardoGlobal Head of Accident & Health (A&H) · b. 1971
  • Ms. Emily YooChief Operating Officer
  • Ms. Maria Varvatsoulis TarhanidisChief Investment Officer
  • Mr. Nestor LopezChief Information & Technology Officer · b. 1977
  • Liam BlackledgeInvestor Relations & Strategy Manager
  • Ms. Linda S. LinChief Legal Officer & Corporate Secretary
  • Mr. Philip EnanChief Strategy & Corporate Development Officer

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-233.35M478.79M530.11M577.95M708.54M926.71M377.51M979.07M884.57M2.22B2.17B2.70B2.61B3.21B
Growth (%)--+105.18%+10.72%+9.02%+22.60%+30.79%-59.26%+159.35%-9.65%+151.50%-2.39%+24.44%-3.28%+22.62%
Cost of Revenue-105.36M212.68M427.75M615.02M626.47M571.64M654.52M699.10M8.20M1.71B2.05B1.85B1.89B1.52B
Gross Profit-127.99M266.11M102.37M-37.08M82.07M926.71M377.51M979.07M884.57M510.40M121.30M848.40M728.40M1.69B
Gross Margin-54.85%55.58%19.31%-6.41%11.58%100.00%100.00%100.00%100.00%22.94%5.59%31.39%27.87%52.59%
Operating Expense-27.38M33.04M40.01M53.27M47.60M628.71M690.99M777.74M732.95M465.30M544.00M529.70M495.30M1.14B
Operating Income-1.13M100.62M233.08M62.36M-90.34M34.47M298.00M-313.47M201.33M151.63M45.10M-422.70M318.70M233.10M541.30M
Operating Margin-43.12%48.68%11.76%-15.63%4.86%32.16%-83.04%20.56%17.14%2.03%-19.46%11.79%8.92%16.89%
EBITDA-1.13M100.62M233.08M62.36M-83.11M42.70M298.00M-313.47M201.33M151.63M85.00M-376.00M393.90M314.60M622.50M
EBITDA Margin-43.12%48.68%11.76%-14.38%6.03%32.16%-83.04%20.56%17.14%3.82%-17.31%14.58%12.04%19.42%
Net Income-1.13M99.40M227.31M50.40M-87.39M27.64M277.80M-317.69M200.62M143.52M58.10M-386.80M354.80M199.90M459.60M
Net Income Margin-42.60%47.48%9.51%-15.12%3.90%29.98%-84.15%20.49%16.22%2.61%-17.81%13.13%7.65%14.34%
Interest Expense00007.24M8.23M8.22M8.23M8.23M8.23M34.00M38.60M64.10M69.60M79.70M
Interest Expense % of Total Revenue-0.00%0.00%0.00%1.25%1.16%0.89%2.18%0.84%0.93%1.53%1.78%2.37%2.66%2.49%

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets605.26M1.40B2.16B2.85B3.55B3.90B4.67B3.09B3.44B3.54B10.62B11.04B12.87B12.52B12.57B
Total Liabilities19.84M473.70M649.49M1.30B2.15B2.45B2.90B1.88B2.03B1.97B8.12B8.95B10.34B10.59B10.10B
Total Equity585.42M868.54M1.39B1.45B1.38B1.41B1.66B1.20B1.41B1.56B2.50B2.07B2.51B1.94B2.47B
Cash603.84M34.01M31.63M28.73M20.41M9.95M8.20M104.18M639.41M526.00M999.80M705.30M969.20M682.00M731.20M
Total Debt--441.42M569.65M113.38M113.56M113.73M113.91M114.09M114.30M816.70M778.00M786.20M639.10M688.60M
Net Debt-603.84M-34.01M409.80M540.91M92.97M103.60M105.54M9.73M-525.33M-411.70M-183.10M72.70M-183.00M-42.90M-42.60M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.55M-32.55M9.21M122.43M187.78M4.77M-78.54M13.39M141.11M73.36M1.60M293.30M581.30M74.70M102.40M
Investing Cash Flow--765.97M-397.56M-119.05M-163.88M-53.28M23.05M377.56M786.86M6.11M208.60M-1.30B-332.20M343.60M424.20M
Financing Cash Flow605.40M228.69M385.96M-6.27M-32.22M38.05M53.73M-226.94M12.65M-19.48M24.30M-23.70M-61.50M-625.00M-518.80M
Capital Expenditure00000000000800.00K000
Free Cash Flow-1.55M-32.55M9.21M122.43M187.78M4.77M-78.54M13.39M141.11M73.36M1.60M293.30M581.30M74.70M102.40M
Dividends Paid--1.03M38.00K38.00K38.00K3.22M3.22M2.72M1.29M12.20M16.00M16.00M16.00M16.00M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF--11.23%0.03%0.02%0.80%-4.10%24.08%1.92%1.76%762.50%5.46%2.75%21.42%15.63%

Earnings

Report DateAug 28, 2013Nov 12, 2013Feb 26, 2014May 8, 2014Aug 7, 2014Nov 6, 2014Feb 26, 2015May 7, 2015Aug 5, 2015Nov 3, 2015Feb 25, 2016May 5, 2016Aug 4, 2016Nov 3, 2016Feb 23, 2017May 4, 2017Aug 2, 2017Nov 8, 2017Feb 28, 2018May 9, 2018Jul 31, 2018Nov 6, 2018Feb 27, 2019May 9, 2019Aug 7, 2019Nov 5, 2019Feb 27, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 23, 2021May 10, 2021Aug 5, 2021Nov 3, 2021Feb 24, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 23, 2023May 3, 2023Aug 2, 2023Nov 8, 2023Feb 20, 2024Apr 30, 2024Aug 1, 2024Oct 31, 2024Feb 18, 2025May 5, 2025Aug 4, 2025Oct 30, 2025Feb 18, 2026May 7, 2026Jul 29, 2026Oct 29, 2026
EPS Estimate-0.430.650.420.26-0.03-0.090.480.31-1.890.48-0.500.630.59-0.521.010.690.510.44-0.230.05-0.18-3.071.410.53-0.160.38-2.101.200.902.000.600.30-0.600.27-0.40-0.15-0.300.470.300.100.200.280.350.400.050.360.260.570.510.540.690.650.57
EPS Actual0.260.460.750.370.29-0.06-0.140.470.15-1.880.39-0.490.510.68-0.450.980.710.520.41-0.260.19-0.14-3.241.430.57-0.160.32-1.991.330.731.431.050.37-0.340.88-1.36-0.38-0.61-0.170.780.370.320.500.490.570.03-0.130.490.660.730.700.700.67-
Surprise-6.98%15.38%-11.90%11.54%-100.00%-55.56%-2.08%-51.61%0.53%-18.75%2.00%-19.05%15.25%13.46%-2.97%2.90%1.96%-6.82%-13.04%280.00%22.22%-5.54%1.42%7.55%0.00%-15.79%5.24%10.83%-18.89%-28.50%75.00%23.33%43.33%225.93%-240.00%-153.33%-103.33%-136.17%160.00%270.00%60.00%78.57%40.00%42.50%-43.18%-136.11%88.46%15.79%43.14%29.63%1.45%3.08%-
Timing-Pre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours--After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.88B
Enterprise Value3.01B
Trailing P/E6.12
Forward P/E9.23
Price / Sales0.96
Price / Book1.30
EPS4.06
Book Value19.61
Revenue (TTM)3.00B
Gross Profit (TTM)716.10M
EBITDA445.70M
Profit Margin16.85%
Operating Margin13.60%
Return on Equity23.07%
Return on Assets2.18%
Shares Outstanding116.17M
Shares Float101.86M
Beta0.61
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 1 analystsTarget 28.25
  • Hold
    1

Ownership Breakdown

Institutions
87.31%
Insiders
11.72%
Retail / Other
0.97%

Top Institutional Holders

  • BlackRock Inc
    11.44M9.85%
  • Dimensional Fund Advisors, Inc.
    7.31M6.29%
  • Vanguard Portfolio Management, LLC
    6.71M5.78%
  • Donald Smith & Co Inc
    6.16M5.31%
  • American Century Companies Inc
    5.57M4.79%
  • Vanguard Capital Management, LLC
    4.76M4.10%
  • State Street Corp
    4.35M3.75%
  • Capital World Investors
    3.60M3.10%
  • Victory Capital Management Inc.
    3.53M3.04%
  • Private Management Group Inc
    3.41M2.94%
  • Wellington Management Company LLP
    3.34M2.88%
  • Gilder Gagnon Howe & CO LLC
    2.95M2.54%
  • Geode Capital Management, LLC
    2.64M2.27%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    6.36M5.48%
  • American Funds SMALLCAP World A
    4.83M4.15%
  • Avantis US Small Cap Value ETF
    4.23M3.64%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.37M2.90%
  • Vanguard Small Cap Index
    2.43M2.09%
  • Victory Sycamore Small Company Opp R
    2.40M2.07%
  • iShares Russell 2000 ETF
    1.95M1.68%

Dividends

20211×
0.50Aug 13, 2021