Siriuspoint Net Income vs. Shares Outstanding

SPNT Stock  USD 15.58  0.21  1.37%   
Based on Siriuspoint's profitability indicators, Siriuspoint's profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess Siriuspoint's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2012-03-31
Previous Quarter
113.9 M
Current Value
8.5 M
Quarterly Volatility
93.5 M
 
Yuan Drop
 
Covid
Operating Cash Flow Sales Ratio is likely to gain to 0.35 in 2024, whereas Price To Sales Ratio is likely to drop 0.66 in 2024. At this time, Siriuspoint's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 334.6 M in 2024, despite the fact that Income Tax Expense is likely to grow to (42.8 M).
For Siriuspoint profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Siriuspoint to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Siriuspoint utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Siriuspoint's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Siriuspoint over time as well as its relative position and ranking within its peers.
  

Siriuspoint's Revenue Breakdown by Earning Segment

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For more information on how to buy Siriuspoint Stock please use our How to Invest in Siriuspoint guide.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Siriuspoint. If investors know Siriuspoint will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Siriuspoint listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.92)
Earnings Share
1.6
Revenue Per Share
16.146
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0206
The market value of Siriuspoint is measured differently than its book value, which is the value of Siriuspoint that is recorded on the company's balance sheet. Investors also form their own opinion of Siriuspoint's value that differs from its market value or its book value, called intrinsic value, which is Siriuspoint's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Siriuspoint's market value can be influenced by many factors that don't directly affect Siriuspoint's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Siriuspoint's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siriuspoint is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siriuspoint's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Siriuspoint Shares Outstanding vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Siriuspoint's current stock value. Our valuation model uses many indicators to compare Siriuspoint value to that of its competitors to determine the firm's financial worth.
Siriuspoint is rated third in net income category among its peers. It is rated second in shares outstanding category among its peers creating about  0.45  of Shares Outstanding per Net Income. The ratio of Net Income to Shares Outstanding for Siriuspoint is roughly  2.25 . At this time, Siriuspoint's Net Income is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Siriuspoint by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Siriuspoint Shares Outstanding vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Siriuspoint

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
363.7 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Siriuspoint

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
161.87 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Siriuspoint Shares Outstanding Comparison

Siriuspoint is currently under evaluation in shares outstanding category among its peers.

Siriuspoint Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Siriuspoint, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Siriuspoint will eventually generate negative long term returns. The profitability progress is the general direction of Siriuspoint's change in net profit over the period of time. It can combine multiple indicators of Siriuspoint, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income3.1 M3.3 M
Operating Income-8.9 M-8.5 M
Income Before Tax318.7 M334.6 M
Net Income363.7 M381.9 M
Total Other Income Expense Net-2.2 B-2.1 B
Income Tax Expense-45 M-42.8 M
Net Interest Income-54.8 M-52.1 M
Net Income From Continuing Ops241 M253.1 M
Net Loss-362.5 M-344.4 M
Interest Income14.4 M13.8 M
Change To Netincome426.6 M448 M
Net Income Per Share 2.17  2.28 
Income Quality 1.60  1.68 
Net Income Per E B T 1.11  0.78 

Siriuspoint Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Siriuspoint. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Siriuspoint position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Siriuspoint's important profitability drivers and their relationship over time.

Use Siriuspoint in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Siriuspoint position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Siriuspoint will appreciate offsetting losses from the drop in the long position's value.

Siriuspoint Pair Trading

Siriuspoint Pair Trading Analysis

The ability to find closely correlated positions to Siriuspoint could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Siriuspoint when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Siriuspoint - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Siriuspoint to buy it.
The correlation of Siriuspoint is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Siriuspoint moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Siriuspoint moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Siriuspoint can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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Additional Tools for Siriuspoint Stock Analysis

When running Siriuspoint's price analysis, check to measure Siriuspoint's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Siriuspoint is operating at the current time. Most of Siriuspoint's value examination focuses on studying past and present price action to predict the probability of Siriuspoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siriuspoint's price. Additionally, you may evaluate how the addition of Siriuspoint to your portfolios can decrease your overall portfolio volatility.