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SBRE Sabre Insurance Group Plc

137.00
0.20 (0.15%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sabre Insurance Group Plc LSE:SBRE London Ordinary Share GB00BYWVDP49 ORD GBP0.001P
  Price Change % Change Share Price Shares Traded Last Trade
  0.20 0.15% 137.00 694,078 16:29:59
Bid Price Offer Price High Price Low Price Open Price
136.60 137.20 138.80 136.80 138.80
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Insurance Carriers, Nec 59.09M 18.07M 0.0723 18.95 342M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:12 UT 31,548 137.00 GBX

Sabre Insurance (SBRE) Latest News

Sabre Insurance (SBRE) Discussions and Chat

Sabre Insurance Forums and Chat

Date Time Title Posts
14/12/202416:58Sabre Ins282

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Sabre Insurance (SBRE) Top Chat Posts

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Posted at 14/12/2024 08:20 by Sabre Insurance Daily Update
Sabre Insurance Group Plc is listed in the Insurance Carriers, Nec sector of the London Stock Exchange with ticker SBRE. The last closing price for Sabre Insurance was 136.80p.
Sabre Insurance currently has 250,000,000 shares in issue. The market capitalisation of Sabre Insurance is £342,500,000.
Sabre Insurance has a price to earnings ratio (PE ratio) of 18.95.
This morning SBRE shares opened at 138.80p
Posted at 09/12/2024 08:16 by rolo7
Video up on share website
Posted at 24/10/2024 19:58 by wish i wasnt in rbs
Numis increase target price to 210 - you pays your money you takes your choice.
Posted at 23/10/2024 09:11 by skinny
FWIW :- RBC cuts Sabre Insurance price target to 180 (200) pence - 'outperform'
Posted at 22/10/2024 10:09 by martinmc123
Sabre Insurance Group posted a strong Q3 trading update which confirmed the business remains on track for record premium income and strong, on-target profit. Gross Written Premium in the 9-month ytd was now up 15% against the same period in 2023 to £186.5m, the business is on-track to deliver record Gross Written Premium for the year. Revenues are being supported by the Group’s decision to continue to increase rates to cover elevated claims inflation, in contrast to the wider market. Its policies continue to be written at target margins which is underpinning profitable growth for this year and positioning Sabre well into 2025. Management maintained their expectation of a profitable out-turn across all product lines so FY24 is shaping up for robust topline growth at healthy margins. Management today reaffirmed profit guidance and continue to anticipate strong year-on-year premium growth and profit in line with current market expectations...

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/SBRE/894
Posted at 22/10/2024 10:07 by martinmc123
4*
Sabre Insurance Group posted a strong Q3 trading update which confirmed the business remains on track for record premium income and strong, on-target profit. Gross Written Premium in the 9-month ytd was now up 15% against the same period in 2023 to £186.5m, the business is on-track to deliver record Gross Written Premium for the year. Revenues are being supported by the Group’s decision to continue to increase rates to cover elevated claims inflation, in contrast to the wider market. Its policies continue to be written at target margins which is underpinning profitable growth for this year and positioning Sabre well into 2025. Management maintained their expectation of a profitable out-turn across all product lines so FY24...from WealthOracle

wealthoracle.co.uk/detailed-result-full/SBRE/894
Posted at 22/3/2024 05:40 by martywidget
'RBC Capital Markets has lifted its target price for Sabre Insurance from 200p to 220p and reiterated an 'outperform' rating after the company's well-received annual results, hailing the company's ability to continue winning volumes profitably.
20 Mar, 2024 16:11
www.sharecast.com/news/broker-recommendations-/broker-tips-sabre-insurance-close-brothers-elementis--16467774.html
Posted at 20/3/2024 18:52 by r9505571
Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results:EPS: UK£0.073 (up from UK£0.041 in FY 2022).Revenue: UK£196.8m (up 23% from FY 2022).Net income: UK£18.1m (up 79% from FY 2022).Profit margin: 9.2% (up from 6.3% in FY 2022). The increase in margin was driven by higher revenue.Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 13%.Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Insurance industry in the United Kingdom.Over the last 3 years on average, earnings per share has fallen by 49% per year but the company's share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Posted at 19/3/2024 22:19 by r9505571
Price target increased by 7.2% to UK£1.81Up from UK£1.69, the current price target is an average from 8 analysts.New target price is 14% above last closing price of UK£1.59.Stock is up 50% over the past year.The company is forecast to post earnings per share of UK£0.064 for next year compared to UK£0.041 last year.
Posted at 18/8/2023 08:15 by wba1
All the points about various inflation drivers abating are fair but are peripheral to the real point. Sabre has been valued historically for producing a COR in the 70s, which is much better (by at least 20 points) than the market. The question is whether you think it can get back to that level (in which case a return to a share price from 200-300 is fair) or whether, like me, you cannot see how that will happen based on the current performance and the GWP growth drivers (in which case the current valuation looks generous, never mind a further increase). I would advise not getting too excited about second hand car values. Damages costs are less important than injury costs and write offs are only a part of damages. Ultimately an insurer value boils down to COR absent non-insurer assets such as rescue networks.
Posted at 03/8/2023 13:16 by wba1
Interesting half year results. I remain deeply unconvinced by Sabre. The headline COR is flattered by the change in accounting practices and the real comparator with past years is the 98% undiscounted figure. Whether discounted under the new rules or undiscounted this years half year number is still worse than at 2022 half year. It seems to me that management is using the change in accounting to pretend that matters are better than they are. The undiscounted COR of 98% compares with the results in the mid-70s that Sabre were producing when a stand out performer and the accident year net loss ratio of 69% compares to figures in the 40s. Given the noises they made a year ago and at full year I would have expected to see more improvement by now. On the positive side, the motorcycle performance has improved faster than I expected (but taxis remains a black hole). The written account growth is interesting but will slow down recovery a little due to new business always performing worse than business already held - so it is swings and roundabouts with long term benefit but shorter term cost.
I do take the point that COR will benefit as the account grows as fixed and semi fixed costs are spread over more premium and the expense ratio reduces. I am also pleasantly surprised at the solvency ratio holding as well as it has.
My overall conclusion is that Sabre has a long way still to go to merit its premium share price compared to either other general insurers or the wider insurance market and the current price remains hard to justify. I may be wrong but this still seems to me to be one for gamblers.
Sabre Insurance share price data is direct from the London Stock Exchange

Sabre Insurance Frequently Asked Questions (FAQ)

What is the current Sabre Insurance share price?
The current share price of Sabre Insurance is 137p.
How many Sabre Insurance shares are in issue?
Sabre Insurance has 250,000,000 shares in issue.
What is the market cap of Sabre Insurance?
The market capitalisation of Sabre Insurance is GBP 342.00 M.
What is the 1 year trading range for Sabre Insurance share price?
Sabre Insurance has traded in the range of 124.40p to 183.60p during the past year.
What is the PE ratio of Sabre Insurance?
The price to earnings ratio of Sabre Insurance is 18.95.
What is the cash to sales ratio of Sabre Insurance?
The cash to sales ratio of Sabre Insurance is 5.80.
What is the reporting currency for Sabre Insurance?
Sabre Insurance reports financial results in GBP.
What is the latest annual turnover for Sabre Insurance?
The latest annual turnover of Sabre Insurance is GBP 59.09M.
What is the latest annual profit for Sabre Insurance?
The latest annual profit of Sabre Insurance is GBP 18.07M.
What is the registered address of Sabre Insurance?
The registered address for Sabre Insurance is SABRE HOUSE, 150 SOUTH STREET, DORKING, SURREY, RH4 2YY.
What is the Sabre Insurance website address?
The website address for Sabre Insurance is www.corporate.sabre.co.uk.
Which industry sector does Sabre Insurance operate in?
Sabre Insurance operates in the INSURANCE CARRIERS, NEC sector.

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