Is Third Point Reinsurance stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Third Point Reinsurance pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Friday 13th of August 2021 were paid $0.5 per share. Over the last 1 times between 2021 and 2021, Third Point Reinsurance has paid $0.5 with an average of $0.5 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Third Point Reinsurance 10 years ago, but if you had invested on Monday 23rd of September 2019 when the price was $10.02, you would have made a profit of $4.23 per share or 42.22%
Yes, the average daily trading liquidity for Third Point Reinsurance is $533 052 thousand. You should therefore be able to get in and out of your positions relatively fast.
Third Point Reinsurance has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 0.70, the company's ability to pay off the debt is good. Third Point Reinsurance has a good net profit margin of 12.93% and should have high tolerances against inflation.
We have calculated the inflation risk for Third Point Reinsurance to be low [0.1 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 3.73 and is down -0.9 over the last 30 days.