Are Things Looking Up For SiriusPoint Ltd (NYSE: SPNT)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted SiriusPoint reports 89.1% Combined ratio for its Core operations with Net Income up $742m from FY 22.

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Stocks Info

The company is listed on the NYSE and operates within the Insurance – Reinsurance industry segment. At the end of the last regular session, the stock closed at $12.16 and fluctuated between $12.24 as its day high and $12.02 as its day low. The current market capitalization of SiriusPoint Ltd is $2.06B. A total of 0.64 million shares were traded on the day, compared to an average of 684.79K shares.

In the most recent transaction, TAN WEI HAN bought 17,054 shares of SPNT for 8.92 per share on Jun 23 ’23. After the transaction, the Director now owns 18,596 company shares. In a previous transaction on Jun 05 ’23, TAN WEI HAN bought 1,542 shares at 9.00 per share. SPNT shares that Director owns now total 1,542.

Among the insiders who bought shares, Loeb Daniel S acquired of 105 shares on May 25 ’23 at a per-share price of $23.75. This resulted in the Director holding 34,796 shares of SPNT after the transaction. In another insider transaction, Loeb Daniel S bought 728 shares at $23.74 per share on May 24 ’23. Company shares held by the Director now total 34,691.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, SPNT has a high of $12.60 and a low of $6.91.

As of this writing, SPNT has an earnings estimate of $0.35 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.35 per share and a lower estimate of $0.35. The company reported an EPS of $0.32 in the last quarter, which was 60.00% higher than expectations of $0.2.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SPNT’s latest balance sheet shows that the firm has $2.08B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $13.76, while its Total Shareholder’s Equity was $2.50B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SPNT is Buy with a score of 3.00.

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