SiriusPoint (SPNT) to Release Quarterly Earnings on Monday

SiriusPoint (NYSE:SPNT) is expected to announce its Q1 2025 earnings results after the market closes on Monday, May 5th. 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 announced its quarterly earnings results on Tuesday, February 18th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.49). The firm had revenue of $612.80 million during the quarter. SiriusPoint had a return on equity of 8.73% and a net margin of 7.68%.

SiriusPoint Stock Up 5.8 %

Shares of SiriusPoint stock opened at $17.92 on Friday. The company has a 50-day simple moving average of $15.99 and a two-hundred day simple moving average of $15.09. The stock has a market capitalization of $2.91 billion, a PE ratio of 18.67 and a beta of 0.72. SiriusPoint has a 52-week low of $11.92 and a 52-week high of $18.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.56 and a current ratio of 0.57.

Insider Activity

In related news, Director Daniel S. Loeb sold 4,106,631 shares of the company’s stock in a transaction 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 completion of the sale, the director now owns 9,428,008 shares in the company, valued at approximately $129,257,989.68. This represents a 30.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on SPNT. Jefferies Financial Group initiated coverage on SiriusPoint in a research report on Tuesday, April 15th. They issued a “hold” rating and a $17.00 price objective on the stock. DOWLING & PARTN raised SiriusPoint from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 6th.

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.