SiriusPoint (SPNT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Have you been paying attention to shares of SiriusPoint (SPNT)? Shares have been on the move with the stock up 11.1% over the past month. The stock hit a new 52-week high of $23.32 in the previous session. SiriusPoint has gained 4.6% since the start of the year compared to the -5.3% move for the Zacks Finance sector and the -9.5% return for the Zacks Insurance - Multi line industry.
The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on February 18, 2026, SiriusPoint reported EPS of $0.7 versus consensus estimate of $0.54.
For the current fiscal year, SiriusPoint is expected to post earnings of $2.53 per share on $3.27 in revenues. This represents a -0.78% change in EPS on a 1.97% change in revenues. For the next fiscal year, the company is expected to earn $2.73 per share on $3.52 in revenues. This represents a year-over-year change of 8.1% and 7.58%, respectively.
SiriusPoint may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
SiriusPoint has a Value Score of A. The stock's Growth and Momentum Scores are D and B, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 9.1X current fiscal year EPS estimates, which is not in-line with the peer industry average of 9.6X. On a trailing cash flow basis, the stock currently trades at 8.8X versus its peer group's average of 9.2X. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making SiriusPoint an interesting choice for value investors.
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, SiriusPoint currently has a Zacks Rank of #1 (Strong Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if SiriusPoint fits the bill. Thus, it seems as though SiriusPoint shares could still be poised for more gains ahead.
Shares of SPNT have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Slide Insurance Holdings, Inc. (SLDE). SLDE has a Zacks Rank of #1 (Strong Buy) and a Value Score of A, a Growth Score of C, and a Momentum Score of F.
Earnings were strong last quarter. Slide Insurance Holdings, Inc. beat our consensus estimate by 41.38%, and for the current fiscal year, SLDE is expected to post earnings of $3.26 per share on revenue of $1.47 billion.
Shares of Slide Insurance Holdings, Inc. have gained 1.4% over the past month, and currently trade at a forward P/E of 5.51X and a P/CF of 4.91X.
The Insurance - Multi line industry may rank in the bottom 60% of all the industries we have in our universe, but there still looks like there are some nice tailwinds for SPNT and SLDE, even beyond their own solid fundamental situation.
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