How to buy Third Point Reinsurance stock

Third Point Reinsurance Ltd is an insurance-reinsurance business based in the US. Third Point Reinsurance shares (TPRE) are listed on the NYSE and all prices are listed in US Dollars. Third Point Reinsurance employs 35 staff and has a trailing 12-month revenue of around USD$752.9 million.

How to buy shares in Third Point Reinsurance

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Third Point Reinsurance. Find the stock by name or ticker symbol: TPRE. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Third Point Reinsurance reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Third Point Reinsurance, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Third Point Reinsurance. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Third Point Reinsurance share price

Use our graph to track the performance of TPRE stocks over time.

Third Point Reinsurance shares at a glance

• Key figures

Information last updated 2021-02-24.

52-week range	USD$5.64 - USD$10.43
50-day moving average	USD$9.8909
200-day moving average	USD$8.8813
Wall St. target price	USD$13
PE ratio	23.7232
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$0.419

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Is it a good time to buy Third Point Reinsurance stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Third Point Reinsurance Ltd by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Third Point Reinsurance financials

Revenue TTM	USD$752.9 million
Operating margin TTM	6.35%
Gross profit TTM	USD$270.8 million
Return on assets TTM	0.86%
Return on equity TTM	2.76%
Profit margin	5.16%
Book value	$15.413
Market capitalisation	USD$949.6 million

TTM: trailing 12 months

Shorting Third Point Reinsurance shares

There are currently 990,371 Third Point Reinsurance shares held short by investors – that's known as Third Point Reinsurance's "short interest". This figure is 0.2% up from 988,114 last month.

There are a few different ways that this level of interest in shorting Third Point Reinsurance shares can be evaluated.

Third Point Reinsurance's "short interest ratio" (SIR)

Third Point Reinsurance's "short interest ratio" (SIR) is the quantity of Third Point Reinsurance shares currently shorted divided by the average quantity of Third Point Reinsurance shares traded daily (recently around 277414.84593838). Third Point Reinsurance's SIR currently stands at 3.57. In other words for every 100,000 Third Point Reinsurance shares traded daily on the market, roughly 3570 shares are currently held short.

However Third Point Reinsurance's short interest can also be evaluated against the total number of Third Point Reinsurance shares, or, against the total number of tradable Third Point Reinsurance shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Third Point Reinsurance's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Third Point Reinsurance shares in existence, roughly 10 shares are currently held short) or 0.0125% of the tradable shares (for every 100,000 tradable Third Point Reinsurance shares, roughly 13 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Third Point Reinsurance.

Find out more about how you can short Third Point Reinsurance stock.

Third Point Reinsurance share price volatility

Over the last 12 months, Third Point Reinsurance's shares have ranged in value from as little as $5.64 up to $10.43. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Third Point Reinsurance's is 1.166. This would suggest that Third Point Reinsurance's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Third Point Reinsurance overview

Third Point Reinsurance Ltd., through its subsidiaries, provides specialty property and casualty reinsurance products to insurance and reinsurance companies worldwide. It underwrites homeowners' and commercial, workers' compensation, personal automobile, mortgage, and multi-line reinsurance products; professional, transactional, and general liability reinsurance products; and marine, travel, and extended warranty reinsurance products. The company was incorporated in 2011 and is based in Pembroke, Bermuda.

Frequently asked questions

• What percentage of Third Point Reinsurance is owned by insiders or institutions?

  Currently 14.966% of Third Point Reinsurance shares are held by insiders and 71.719% by institutions.

• How many people work for Third Point Reinsurance?

  Latest data suggests 35 work at Third Point Reinsurance.

• When does the fiscal year end for Third Point Reinsurance?

  Third Point Reinsurance's fiscal year ends in December.

• Where is Third Point Reinsurance based?

  Third Point Reinsurance's address is: Point House, Pembroke, Bermuda, HM 08

• What is Third Point Reinsurance's ISIN number?

  Third Point Reinsurance's international securities identification number is: BMG8827U1009

• What is Third Point Reinsurance's CUSIP number?

  Third Point Reinsurance's Committee on Uniform Securities Identification Procedures number is: G8827U100