Sun, Mar 1, 2015, 4:02 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Montpelier Re Holdings Ltd. Message Board

  • axpkocop axpkocop Apr 24, 2013 11:57 PM Flag

    Book value per share of $27.49, up 5.6% from 12/ 31/2012

    Operating earnings per common share of $1.18, highlighted by a 62% combined ratio

    Excellent numbers.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • "During the third quarter of 2013, the Company repurchased a total of 1,235,193 shares at an average price of $25.53 per share. During the fourth quarter of 2013, the Company has thus far repurchased an additional 330,176 shares, at an average price per share of $26.66"

      "Fully converted book value per common share was $28.06, an increase of 4.2% from June 30, 2013 and 8.7% from December 31, 2012, after taking into account common share dividends declared during the period.

      Operating income for the quarter was $72 million, or $1.38 per common share, representing a quarterly return on common equity of 5.0%. Net income was $53 million, or $1.02 per common share. The net impact of realized and unrealized losses from investments and foreign exchange, which is included in net income, was $19 million for the quarter."

      MRH is on track to buy back 10% of their outstanding shares this year.

    • So why is the stock down ? And why the insider selling recently ?

      • 1 Reply to reinsurance.icon
      • Why do people drink beer?

        Perhaps MRH is down because it's the old sell on the news-wasn't it selling at a new 5 year high yesterday prior to earnings?

        Personally I believe it's just a hold at current prices but I believe that's true of most stocks. I'd love to buy back some shares I sold between 23-25 but only if I could buy at a 20% discount to book value. As I've said before-I traded into SYA and AIG because they both trade at 40% plus discounts to book. AIG has done rather well but SYA is just keeping up with the market.

        Note --AIG is currently the largest holding in my Roth IRA.

 
MRH
36.04-0.26(-0.72%)Feb 27 4:07 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Aruba Networks, Inc.
NASDAQFri, Feb 27, 2015 4:00 PM EST
Flamel Technologies SA
NASDAQFri, Feb 27, 2015 4:00 PM EST