TORONTO, May 20, 2025 (GLOBE NEWSWIRE) -- Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the three months ended March 31, 2025. All amounts are stated in U.S. dollars. The Partnership recorded net income of $24.6 million for the three months ended March 31, 2025, compared to net income of $26.3 million in the prior year quarter. Net income was in line with the prior year quarter as higher investment income and valuation gains were offs ...

Group 1: Valuation and Market Performance - RLI Corp. shares are trading at a premium to the Zacks Property and Casualty Insurance industry, with a price-to-book value of 4.28X compared to the industry average of 1.49X and the Finance sector's 4.1X, but at a discount to the Zacks S&P 500 Composite's 7.82X [1] - RLI shares have gained 0.6% in the past year, lagging behind the industry, Finance sector, and Zacks S&P 500 composite returns of 18.7%, 16.2%, and 11%, respectively [2][3] - The stock closed at $74.83, below its 52-week high of $91.14, and is trading below the 50-day and 200-day simple moving averages of $76.04 and $78.11, indicating downward momentum [4] Group 2: Growth Projections - The Zacks Consensus Estimate for RLI's 2025 earnings per share indicates a year-over-year increase of 3.4%, with revenues projected at $1.78 billion, implying a year-over-year improvement of 6.5% [8] - For 2026, the consensus estimates for earnings per share and revenues indicate increases of 3.2% and 5.9%, respectively, from the corresponding 2025 estimates [8] Group 3: Financial Performance and Strategy - RLI's return on equity (ROE) has improved, with a trailing 12 months ROE of 16.2%, significantly higher than the industry average of 7.7% [9] - The company continues to grow through product diversification, a compelling product portfolio, and a conservative underwriting policy, which helps achieve favorable reserve releases despite incurring catastrophe losses [10] - RLI has a strong track record of underwriting profitability, with 29 consecutive years of profitability [11] Group 4: Shareholder Value and Capital Structure - RLI enhances shareholder value through dividend hikes, special dividends, and share buybacks, boasting an impressive dividend track record with regular dividends increased for the last 50 years [12] - The company is strengthening its balance sheet by improving liquidity and leverage, which supports its operations and long-term book value growth [13] Group 5: Conclusion - RLI is recognized as one of the industry's most profitable P&C writers, with a strong local branch network and a focus on specialty insurance lines contributing to its superior profitability [15] - Given its premium valuation, it may be prudent to wait for a better entry point for this stock [16]

First American Financial Corporation (FAF) shares are trading at a discount to the Zacks Property and Casualty Insurance industry. Its forward price-to-book value of 1.23X is lower than the industry average of 1.49X, the Finance sector’s 4.1X and the Zacks S&P 500 Composite’s 7.82X. The insurer has a Value Score of B.Shares of RenaissanceRe Holdings Ltd. (RNR) , NMI Holdings Inc. (NMIH) and Axis Capital Holdings Limited (AXS) are also trading at a discount to the industry average.Image Source: Zacks Investm ...

Kinsale Capital Group, Inc. (KNSL) shares are trading at a premium to the Zacks Property and Casualty Insurance industry. Its price-to-book value of 6.47X is higher than the industry average of 1.52X and the Finance sector’s 4.11X.Shares of The Travelers Companies, Inc. (TRV) and Cincinnati Financial Corporation (CINF) are also trading at a multiple higher than the industry average, while NMI Holdings Inc. (NMIH) shares are trading at a discount.Image Source: Zacks Investment ResearchKinsale Capital shares ...

Reinsurance Group of America, Incorporated (RGA) shares are trading at a discount to the Zacks Life Insurance industry. Its forward price-to-book value of 1.19X is lower than the industry average of 1.80X, the Finance sector’s 4.09X and the Zacks S&P 500 Composite’s 7.75X. RGA has a Value Score of A.The insurer has a market capitalization of $13.64 billion. The average volume of shares traded in the last three months was 0.4 million.Shares of Sun Life Financial Inc. (SLF) and Primerica, Inc. (PRI) are also ...

Core Viewpoint - Legacy Housing Corporation reported a decline in financial performance for the first quarter of 2025, with net revenue decreasing by 17.5% compared to the same period in 2024, despite achieving a record book value of over $500 million [3][7]. Financial Performance - Net revenue for Q1 2025 was $35.7 million, down 17.5% from Q1 2024 [7]. - Income from operations for Q1 2025 was $11.6 million, a decrease of 30.8% from Q1 2024 [7]. - Net income for Q1 2025 was $10.3 million, reflecting a 32.1% decline from Q1 2024 [7]. - Basic earnings per share for Q1 2025 were $0.43, down 30.6% from Q1 2024 [7]. - Book value per share reached $20.87, an increase of 13.1% from Q1 2024 [7][8]. Company Developments - The company simplified its product offerings and introduced a new financing solution for community owners [3]. - Legacy added industry veterans to key manufacturing and retail positions to enhance operations [3]. - The company is optimistic about future performance despite the current challenges [3]. Company Overview - Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses, primarily in the southern United States [5]. - The company is one of the largest producers of manufactured homes in the U.S., offering homes ranging from approximately 395 to 2,667 square feet, with prices between $33,000 and $180,000 [5].

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (TSX-AD.UN) (together, as applicable, with its subsidiaries, “Alaris” or the "Trust") is pleased to announce its results for the three months ended March 31, 2025. The results are prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Stan ...

Sunrise Realty Trust (SUNS) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Company Participants Gabriel Katz - Chief Legal Officer & SecretaryLeonard Tannenbaum - Founder and Executive ChairmanBrian Sedrish - CEOBrandon Hetzel - CFO & TreasurerRandy Binner - Managing DirectorJade Rahmani - Managing DirectorTyler Batory - Executive Director Conference Call Participants Gaurav Mehta - Managing Director, Senior Equity Research Analyst & Real Estate and Financials Operator Thank you for standing by. My name is ...

Company Update FIRST QUARTER 2025 Forward-looking statements 2 When used in this presentation or other written or oral communications, statements that are not historical in nature, including those containing words such as "will," "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "could," "would," "may," the negative of these words or similar expressions, are intended to identify "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, ...

HAMILTON, Bermuda, May 05, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today announced results for its first quarter ended March 31, 2025 Combined ratio of 95.4% in the first quarter for Core business with underwriting income of $29 millionNet premiums written growth of 20%, outpacing gross premiums written growth of 12% in the quarter for Core business, with strong growth from Insurance & ServicesFirst quarter return on equity of 12.9%, within 12-15% ‘across the c ...