SiriusPoint (SPNT) AI Stock Analysis

• Market Cap: $2.22B
• Dividend Yield: N/A
• Average Volume (3M): 592.43K
• Price to Earnings (P/E): 18.6
• Beta (1Y): 0.46
• Revenue Growth: -5.57%
• EPS Growth: -44.54%
• Country: US
• Employees: 1,012
• Sector: Financial
• Sector Strength: 81
• Industry: Insurance - Reinsurance
• EPS (TTM): 0.49
• Shares Outstanding: 116,588,960
• 10 Day Avg. Volume: 669,516
• 30 Day Avg. Volume: 592,435
• PEG Ratio: -0.25
• Price to Book (P/B): 0.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 755.42
• Enterprise Value/Market Cap: 0.21
• Enterprise Value/Revenue: 0.04
• Enterprise Value/Gross Profit: 0.24
• Enterprise Value/Ebitda: 0.14
• 1Y Price Target: $21.00
• Price Target Upside: 14.13% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 71 Outperform
• Price Target: $21.50 ▲(16.85%Upside)

SiriusPoint's stock score is driven by strong technical momentum and positive earnings call highlights, including consistent underwriting profits and strategic growth. However, challenges in profitability and cash flow, along with valuation concerns, moderate the score.

Positive Factors

Investment Potential

The simplification of capital and ownership structures could attract a larger pool of investors.

Strategy and Risk Management

The company's strategic shift towards specialty insurance and de-risking has been mostly completed, potentially enhancing its market position.

Negative Factors

Financial Leverage Limitations

There is limited scope for the company to further extend its financial and operating leverage, potentially restricting ROE growth.

Valuation Concerns

The current valuation does not fully reflect the company's shift into the insurance sector, which makes up a significant portion of its business.

SiriusPoint Business Overview & Revenue Model

Company Description

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 coverage to various product lines, which includes aviation and space, casualty, contingency, credit and bond, marine and energy, mortgage, and property to insurance and reinsurance companies, government entities, and other risk bearing vehicles. The Insurance & Services segment offers coverage to various product lines comprising accident and health, environmental, workers' compensation, and other lines of business, including a cross section of property and casualty lines. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.

How the Company Makes Money

SiriusPoint makes money primarily through underwriting insurance and reinsurance policies, earning premiums from customers in exchange for assuming risk. The company diversifies its revenue streams by offering a broad portfolio of insurance products, including property and casualty, specialty lines, and accident and health coverage. Additionally, SiriusPoint generates income by investing the premiums received into a variety of financial assets, aiming to earn returns that exceed the cost of claims and operational expenses. Strategic partnerships and collaborations with other insurance entities and intermediaries also play a significant role in expanding the company's market reach and enhancing revenue generation.

SiriusPoint Financial Statement Overview

Summary

SiriusPoint's financial performance is mixed, with a strong balance sheet but challenges in profitability and cash flow. The stable capital structure is countered by fluctuations in EBIT and cash flow, indicating operational difficulties.

Income Statement

SiriusPoint has demonstrated a mixed performance in profitability metrics. Recent years show substantial fluctuations in EBIT and EBITDA margins, with TTM results showing zero EBIT and EBITDA, indicating potential operational challenges. The net profit margin has declined from previous highs, while revenue growth has been inconsistent, demonstrating volatility in business performance.

Balance Sheet

The balance sheet reflects a stable financial position with no total debt, contributing to a favorable debt-to-equity ratio. The equity ratio indicates a reasonable level of equity financing. However, the return on equity has shown variability, reflecting inconsistent profitability. Overall, the balance sheet highlights a sound capital structure with manageable liabilities.

Cash Flow

The company’s cash flow position experienced fluctuations, with TTM free cash flow showing a significant decline compared to previous years. Operating cash flow to net income ratio has weakened, indicating potential inefficiencies in converting income to cash. The free cash flow to net income ratio has also decreased, suggesting challenges in maintaining cash-based profitability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.60B	2.74B	66.00M	2.22B	884.57M
Gross Profit	2.60B	2.74B	66.00M	2.22B	884.57M
EBITDA	302.70M	393.90M	-370.20M	4.64B	0.00
Net Income	199.90M	354.80M	-386.00M	58.10M	143.80M
Balance Sheet
Total Assets	12.52B	12.87B	11.04B	10.62B	3.54B
Cash, Cash Equivalents and Short-Term Investments	6.03B	969.20M	4.33B	2.08B	525.99M
Total Debt	639.10M	786.20M	778.00M	816.70M	114.27M
Total Liabilities	10.59B	10.34B	8.95B	8.12B	1.97B
Stockholders Equity	1.94B	2.51B	2.07B	2.50B	1.56B
Cash Flow
Free Cash Flow	74.70M	581.30M	292.50M	1.60M	73.36M
Operating Cash Flow	74.70M	581.30M	293.30M	1.60M	73.36M
Investing Cash Flow	343.60M	-332.20M	-1.30B	208.60M	6.11M
Financing Cash Flow	-625.00M	-61.50M	-23.70M	24.30M	-19.48M

SiriusPoint Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 18.40
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SPNT, the sentiment is Neutral. The current price of 18.4 is below the 20-day moving average (MA) of 19.53, below the 50-day MA of 19.30, and above the 200-day MA of 15.99, indicating a neutral trend. The MACD of -0.08 indicates Positive momentum. The RSI at 38.23 is Neutral, neither overbought nor oversold. The STOCH value of 5.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SPNT.

SiriusPoint Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HG	79 Outperform	$2.16B	6.47	14.07%	―	35.36%	-3.34%
RGA	76 Outperform	$12.91B	16.61	7.60%	1.82%	1.47%	-7.47%
SKWD	74 Outperform	$2.21B	17.84	16.03%	―	25.88%	9.45%
RNR	73 Outperform	$11.69B	7.59	16.30%	0.67%	32.10%	-30.52%
SPNT	71 Outperform	$2.22B	18.55	7.20%	―	-5.57%	-44.54%
Sector *	69 Neutral	€15.05B	11.71	14.88%	5.91%	7.26%	0.13%
GLRE	65 Neutral	$478.25M	10.29	7.04%	―	5.21%	-57.04%

SiriusPoint Corporate Events

SiriusPoint Holds Annual General Meeting, Elects Directors

On May 20, 2025, SiriusPoint Ltd. held its annual general meeting of shareholders, where three key decisions were made. Shareholders elected two Class III directors, Scott Egan and Sharon M. Ludlow, to serve until 2028. They also approved the compensation for the company’s named executive officers and confirmed PricewaterhouseCoopers LLP as the independent auditor until 2026.

The most recent analyst rating on (SPNT) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on SiriusPoint stock, see the SPNT Stock Forecast page.

SiriusPoint Reports Strong Q1 2025 Financial Results

On May 5, 2025, SiriusPoint Ltd. reported strong financial results for the first quarter of 2025, showcasing a tenth consecutive quarter of underwriting profits and a net income of $58 million. Despite challenges such as the California wildfires, which resulted in $59 million in losses, the company achieved a combined ratio of 95.4% and a 12.9% return on equity, aligning with its target range. The company’s net premiums written grew by 20%, driven by its Insurance & Services segment, and its book value per diluted common share increased by 5.3% from the previous quarter. The positive outlook from AM Best and Fitch reflects SiriusPoint’s solid performance and strategic progress.