SPNT Stock Recent News

We first revisit our recommendation of SiriusPoint preferred stock from May of this year. Although SPNT-B has been a big winner for us since May, it is still the most undervalued among “qualified” BB+ rated preferred stocks plus it has a massive reset rate. At the current 5-year treasury note yield, the reset yield on SPNT-B will be 12% and it trades below par.

HAMILTON, Bermuda, Sept. 21, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (NYSE: SPNT) (“SiriusPoint” or the “Company”) today announced that it is planning to release its third quarter 2023 financial results after the market close on Wednesday, November 8, 2023. The Company will also hold a webcast, which can also be accessed as a conference call, to discuss its financial results at 8:30 am (Eastern Time) on Thursday, November 9, 2023.

We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds were down on the week as higher Treasury yields took their toll. We discuss some of the differences between preferreds and funds with a case study of floating-rate NLY.PF and JBBB.

HAMILTON, Bermuda, July 12, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (NYSE: SPNT) (“SiriusPoint” or the “Company”) today announced that it is planning to release its second quarter 2023 financial results after the market close on Wednesday, August 2, 2023. The Company will also hold a webcast, which can also be accessed as a conference call, to discuss its financial results at 8:30 am (Eastern Time) on Thursday, August 3, 2023.

SiriusPoint, a global underwriter of insurance and reinsurance products, offers an attractive investment opportunity in its preferred stock for income-oriented investors. The company's Series B preferred shares, currently trading at $23.07 with a liquidation preference of $25, offer an 8% annual payout and additional potential upside of 8.4%.

The stock of specialty insurer and reinsurer SiriusPoint Ltd. slid 9.4% Friday, after Dan Loeb's hedge fund Third Point Management said it's no longer exploring an acquisition of the company.

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SiriusPoint Ltd. (NYSE:SPNT ) Q1 2023 Results Conference Call May 4, 2023 8:30 AM ET Company Participants Dhruv Gahlaut - Head, IR and Chief Strategy Officer Scott Egan - CEO Steve Yendall - CFO Conference Call Participants Operator Good morning, ladies and gentlemen, and welcome to the SiriusPoint Ltd First Quarter 2023 Earnings Conference Call.

As Warren Buffet says, buy when others are fearful. I will make the case that the level of fear is unwarranted and that this preferred stock is a great value. The fear is that Dan Loeb “might” buy SiriusPoint. I will discuss what happens if he does and what happens if he doesn't and debunk these fears.

HAMILTON, Bermuda, April 19, 2023 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT) today announced that it is planning to release its first quarter 2023 financial results after the market close on Wednesday, May 3, 2023. The Company will also hold a webcast, which can also be accessed as a conference call, to discuss its financial results at 8:30 am (Eastern Time) on Thursday, May 4, 2023.