Maredin Capital Advisors
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Blue Capital Reinsurance Holdings Considerable Capital Appreciation And Yield Opportunity In New, Underfollowed Reinsurer

Blue Capital Reinsurance Holdings (NYSE:BCRH)

Considerable Capital Appreciation and Yield Opportunity in New, Underfollowed Reinsurer


Buy: $45 Price Target

Current Price: $19.7

Upside Potential: 130% + a 12.5% dividend while you wait


Blue Capital Reinsurance Holdings (ticker: "BCRH") is a closely held, recently IPO'd, non-traditional reinsurance company. Since BCRH only has one quarter of operating history, investors are unable to use algorithms to decipher what the business will look like, and subsequently, what it's worth going forward.

However, because of its relationship with Montpelier (TICKER:MRH), and unique positioning in the reinsurance business, BCRH should enjoy strong profits and dividends long-term. Based on BCRH estimates, statements, and recent quarters' results, the current year's dividend yield...

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