EPS for Third Point Reinsurance Ltd. (TPRE) Expected At $0.67

February 14, 2018 - By Ellis Scott

 EPS for Third Point Reinsurance Ltd. (TPRE) Expected At $0.67
Investors sentiment decreased to 2.24 in 2017 Q3. Its down 0.22, from 2.46 in 2017Q2. It fall, as 10 investors sold Third Point Reinsurance Ltd. shares while 27 reduced holdings. 38 funds opened positions while 45 raised stakes. 79.68 million shares or 8.59% more from 73.38 million shares in 2017Q2 were reported.
Capital Investors reported 0.02% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE). Ajo Limited Partnership holds 0.04% or 566,378 shares in its portfolio. Hbk Invs L P accumulated 50,700 shares. First Tru Advisors L P stated it has 0.01% in Third Point Reinsurance Ltd. (NYSE:TPRE). 956,228 were reported by Northern Corp. Moreover, Barclays Plc has 0% invested in Third Point Reinsurance Ltd. (NYSE:TPRE). Vanguard Grp Inc has invested 0% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE). Pine Brook Road Ltd Partnership owns 1.16M shares for 5.58% of their portfolio. Prelude Capital Mngmt Ltd Liability Company has 200 shares for 0% of their portfolio. 12,848 were reported by Raymond James Associate. Mason Street Advsr Ltd owns 16,028 shares or 0.01% of their US portfolio. Jacobs Levy Equity Mngmt owns 335,689 shares. Dupont Cap Mgmt holds 0.05% or 139,854 shares. Two Sigma Secs Ltd Llc stated it has 0.02% of its portfolio in Third Point Reinsurance Ltd. (NYSE:TPRE). Macquarie Grp Inc Ltd holds 28,261 shares or 0% of its portfolio.

Analysts expect Third Point Reinsurance Ltd. (NYSE:TPRE) to report $0.67 EPS on February, 22.They anticipate $1.12 EPS change or 248.89 % from last quarter’s $-0.45 EPS. TPRE’s profit would be $71.97 million giving it 5.13 P/E if the $0.67 EPS is correct. After having $0.52 EPS previously, Third Point Reinsurance Ltd.’s analysts see 28.85 % EPS growth. The stock increased 1.10% or $0.15 during the last trading session, reaching $13.75. About 709,921 shares traded. Third Point Reinsurance Ltd. (NYSE:TPRE) has risen 10.16% since February 14, 2017 and is uptrending. It has underperformed by 6.54% the S&P500.

Third Point Reinsurance Ltd. (NYSE:TPRE) Ratings Coverage

Among 5 analysts covering Third Point Reinsurance (NYSE:TPRE), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Third Point Reinsurance had 13 analyst reports since August 7, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Third Point Reinsurance Ltd. (NYSE:TPRE) on Thursday, August 3 with “Buy” rating. The company was maintained on Friday, November 10 by Morgan Stanley. As per Monday, October 16, the company rating was downgraded by Keefe Bruyette & Woods. The firm earned “Hold” rating on Monday, December 4 by Keefe Bruyette & Woods. Wood maintained the shares of TPRE in report on Thursday, October 1 with “Market Perform” rating. The stock has “Buy” rating by Keefe Bruyette & Woods on Tuesday, October 10. The rating was maintained by Compass Point on Wednesday, September 2 with “Buy”. The firm earned “Outperform” rating on Monday, May 8 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Friday, September 8.

Third Point Reinsurance Ltd., through its subsidiaries, provides specialty property and casualty reinsurance products to insurance and reinsurance companies in the Americas, Europe, the Middle East, Africa, and Asia. The company has market cap of $1.48 billion. The firm underwrites property, workers compensation, personal automobile, general and professional liability, insurance, extended warranty insurance, and multi-line reinsurance products. It has a 7.75 P/E ratio.

More notable recent Third Point Reinsurance Ltd. (NYSE:TPRE) news were published by: Prnewswire.com which released: “Third Point Reinsurance Ltd. Announces Board Changes” on November 08, 2017, also Reuters.com with their article: “BRIEF-Third Point Reinsurance Ltd says Robert Bredahl appointed as ceo of co …” published on August 08, 2017, Prnewswire.com published: “Third Point Reinsurance Ltd. Announces Changes to Board of Directors” on December 12, 2017. More interesting news about Third Point Reinsurance Ltd. (NYSE:TPRE) were released by: Prnewswire.com and their article: “Third Point Reinsurance Ltd. to Present at the Bank of America Merrill Lynch …” published on February 08, 2018 as well as Prnewswire.com‘s news article titled: “Third Point Reinsurance Ltd. Announces Date for Third Quarter 2017 Earnings …” with publication date: October 26, 2017.

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