SiriusPoint (NYSE:SPNT) Hits New 12-Month High – Still a Buy?

Posted by Brenda Bartman on Sep 26th, 2026

SiriusPoint Ltd. (NYSE:SPNT – Get Free Report) hit a new 52-week high during trading on Thursday. The stock traded as high as $26.50 and last traded at $26.1950, with a volume of 938835 shares trading hands. The stock had previously closed at $25.42.

Wall Street Analyst Weigh In

SPNT has been the topic of a number of recent research reports. Weiss Ratings restated a “buy (b+)” rating on shares of SiriusPoint in a research note on Friday, August 7th. Royal Bank Of Canada started coverage on SiriusPoint in a report on Tuesday. They issued an “outperform” rating and a $30.00 price target for the company. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.50.

View Our Latest Research Report on SPNT

SiriusPoint Stock Performance

The firm has a fifty day moving average of $24.28 and a 200 day moving average of $23.28. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of 6.20 and a beta of 0.61. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.58 and a quick ratio of 0.58.

SiriusPoint (NYSE:SPNT – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. The business had revenue of $744.10 million during the quarter, compared to the consensus estimate of $798.95 million. SiriusPoint had a net margin of 15.56% and a return on equity of 15.65%. As a group, sell-side analysts forecast that SiriusPoint Ltd. will post 2.57 EPS for the current year.

Hedge Funds Weigh In On SiriusPoint

Several institutional investors have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in shares of SiriusPoint in the 2nd quarter valued at approximately $271,853,000. Donald Smith & CO. Inc. raised its stake in SiriusPoint by 13.9% during the 4th quarter. Donald Smith & CO. Inc. now owns 8,428,966 shares of the company’s stock worth $184,510,000 after acquiring an additional 1,026,284 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of SiriusPoint by 11.2% during the fourth quarter. Capital Research Global Investors now owns 7,447,968 shares of the company’s stock worth $163,036,000 after purchasing an additional 747,968 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of SiriusPoint by 7.8% in the 2nd quarter. Wellington Management Group LLP now owns 3,342,706 shares of the company’s stock valued at $80,225,000 after purchasing an additional 241,648 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. acquired a new stake in shares of SiriusPoint in the 2nd quarter valued at about $36,047,000. Institutional investors and hedge funds own 52.79% of the company’s stock.

SiriusPoint Company Profile

(Get Free Report)

SiriusPoint Ltd. (NYSE: SPNT) is a global specialty insurance and reinsurance company headquartered in Bermuda. The company provides underwriting capacity and risk-management solutions to businesses, insurers, brokers and managing general agents across a range of specialty markets.

Its business includes property and casualty insurance, property and casualty reinsurance, accident and health coverage, marine and aviation insurance, and other specialty lines. SiriusPoint distributes products through brokers, partnerships and delegated underwriting platforms, with operations and underwriting activities serving clients in the United States, Bermuda, the United Kingdom, Europe and other international markets.

The company was created in 2021 through the combination of Third Point Reinsurance and Sirius International Insurance Group.