SiriusPoint (NYSE:SPNT) Issues Quarterly Earnings Results

SiriusPoint (NYSE:SPNT) posted its earnings results on Tuesday. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.49), Zacks reports. SiriusPoint had a net margin of 11.94% and a return on equity of 12.91%.

SiriusPoint Stock Down 1.3 %

SPNT stock traded down $0.18 during trading on Tuesday, hitting $14.00. 314,824 shares of the company’s stock traded hands, compared to its average volume of 425,630. The business has a fifty day simple moving average of $14.71 and a two-hundred day simple moving average of $14.50. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $2.27 billion, a P/E ratio of 8.80 and a beta of 0.94. SiriusPoint has a 1 year low of $11.27 and a 1 year high of $16.50.

SiriusPoint Company Profile

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.