SiriusPoint (SPNT) Projected to Post Earnings on Tuesday

SiriusPoint (NYSE:SPNT) will likely be releasing its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $688.00 million for the quarter.

SiriusPoint (NYSE:SPNT) last posted its earnings results on Tuesday, February 18th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.49). The firm had revenue of $612.80 million during the quarter. SiriusPoint had a net margin of 7.68% and a return on equity of 8.73%.

SiriusPoint Trading Down 4.3 %

NYSE:SPNT opened at $15.98 on Tuesday. The company has a market capitalization of $2.59 billion, a PE ratio of 16.65 and a beta of 0.72. SiriusPoint has a 52-week low of $11.54 and a 52-week high of $17.99. The stock’s 50 day moving average price is $15.51 and its 200 day moving average price is $14.90. The company has a quick ratio of 0.56, a current ratio of 0.57 and a debt-to-equity ratio of 0.37.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SPNT. DOWLING & PARTN raised shares of SiriusPoint from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 6th. Jefferies Financial Group started coverage on shares of SiriusPoint in a research note on Tuesday, April 15th. They issued a “hold” rating and a $17.00 price objective on the stock.

Insider Activity

In other SiriusPoint news, Director Daniel S. Loeb sold 4,106,631 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $13.71, for a total transaction of $56,301,911.01. Following the transaction, the director now owns 9,428,008 shares in the company, valued at approximately $129,257,989.68. The trade was a 30.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 10.32% of the company’s stock.

About SiriusPoint

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 aviation and space, accident and health, casualty, credit, marine and energy, property to insurance and reinsurance companies, government entities, and other risk bearing vehicles.