Education
About Us
Working with TipRanks
Follow Us
Siriuspoint Ltd (SPNT)
NYSE:SPNT
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.69Last Year’s EPS
0.49Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong execution across underwriting, double-digit top-line growth, improved underwriting quality, significant capital actions (MGA sales, preferred redemption, buyback) and disciplined volatility management. Management acknowledged pockets of market weakness (property catastrophe rate declines, selective casualty and reinsurance pressures), one-off acquisition cost noise, and near-term lumpiness in fee income and transaction-related tax effects. Overall, positive operational and capital progress outweigh the identified headwinds.Company Guidance
Top-Line Growth
Gross written premiums (core) grew 16% for the year; Q4 core GWP grew 18% (up $134 million year-over-year) and Insurance & Services GWP grew 26% year-to-date to $2.3 billion.
Strong Earnings and Profitability
Operating return on equity was 16.2% for 2025 (three consecutive years of improvement and above the 12%–15% target); Q4 operating ROE was 17.1% and GAAP ROE 44.9% (benefiting from the Armada sale). Net income for 2025 rose 141% to $444 million.
Operating EPS and Book Value Expansion
Operating earnings per share increased 49% year-over-year. Management reported diluted book value per share growth of 28% for the year (CFO noted diluted book value per share excluding AOCI rose 24% to $18.10).
Underwriting Quality and Combined Ratio Improvement
Core combined ratio for Q4 was 92.9%; full-year core attritional combined ratio improved to 91.6% (a 1.5 point improvement versus prior year). Attritional loss ratio improved 0.8 points; OUE improved ~1 point and management expects OUE of 6.5%–7% for 2026.
Accident & Health (A&H) Growth and Strategic Importance
A&H gross written premiums grew 23% to ~ $1 billion in 2025, representing a material portion of the portfolio (management stated ~27% of business mix; CFO noted A&H is ~43% of the Insurance & Services segment GWP). A&H cited as low-volatility, capital-light earnings with >20 years of profitability.
Capital Actions and Balance Sheet Strength
Closed Armada and Arcadian sales for a combined $390 million; BSCR ratio improved to 247% (pro-forma 232% after preferred redemption). Announced intention to repurchase $100 million of common shares (~4% of shares outstanding). Leverage will reduce to an all-time low ~23% after redeeming $200 million of 8% preference shares.
Reserving and Loss Reserve Discipline
Recorded favorable prior-year development for 19 consecutive quarters; Q4 core favorable PYD was $15 million (consolidated $22 million), supporting the company’s prudent reserving track record.
IMG and Fee-Income / M&A Initiatives
IMG valued at $77 million on the balance sheet; completed acquisitions of Assist America and World Nomads (expected ~ $4–5 million EBITDA each after integration). Management expects IMG to generate >$30 million of fee income and >$35 million of EBITDA in 2026 (post-integration).
Investment Portfolio and Liquidity
Net investment income for the year was $275 million; reinvested over $500 million in the quarter with new money yields >4%. Investment portfolio: 81% fixed income, 98% investment grade, average rating AA-, portfolio duration ~3.2 years, and no fixed income defaults reported.
Volatility Management and Reinsurance Protection
Purchased a new property aggregate program (2026 attachment $90 million) and multiline aggregate reinsurance ($100 million annual limit) to limit retained underwriting volatility; 2026 retrocession coverage is more efficient and at lower overall cost than 2025.
SPNT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SPNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 18, 2026 | $20.57 | $22.01 | +7.00% |
Oct 30, 2025 | $18.19 | $18.20 | +0.05% |
Aug 04, 2025 | $19.58 | $18.39 | -6.08% |
May 05, 2025 | $18.18 | $19.54 | +7.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Siriuspoint Ltd (SPNT) report earnings?
Siriuspoint Ltd (SPNT) is schdueled to report earning on May 06, 2026, After Close (Confirmed).
What is Siriuspoint Ltd (SPNT) earnings time?
Siriuspoint Ltd (SPNT) earnings time is at May 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SPNT EPS forecast?
SPNT EPS forecast for the fiscal quarter 2026 (Q1) is 0.69.