Sapiens International Corporation N.V. (SPNS)

NASDAQ: SPNS · IEX Real-Time Price · USD
34.37
+0.22 (0.64%)
At close: Jul 2, 2024, 4:00 PM
34.40
+0.03 (0.09%)
After-hours: Jul 2, 2024, 4:25 PM EDT
0.64%
Market Cap 1.92B
Revenue (ttm) 524.11M
Net Income (ttm) 65.61M
Shares Out 55.74M
EPS (ttm) 1.17
PE Ratio 29.19
Forward PE 29.59
Dividend $0.54 (1.57%)
Ex-Dividend Date Apr 4, 2024
Volume 73,655
Open 34.27
Previous Close 34.15
Day's Range 33.97 - 34.46
52-Week Range 24.39 - 35.33
Beta 1.22
Analysts Buy
Price Target 35.33 (+2.79%)
Earnings Date Jul 31, 2024

About SPNS

Sapiens International Corporation N.V. provides software solutions for the insurance industry in North America, the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides various solutions for property and casualty commercial and personal lines, life and pensions, and reinsurance fields. It offers IDITSuite, an AI powered, end-to-end insurance software; DigitalSuite, a cloud-native, future-proof digital engagement platform; IDITGo, a pre-configured, data-enriched insurance launch and acceler... [Read more]

Sector Technology
IPO Date May 29, 1992
Employees 5,000
Stock Exchange NASDAQ
Ticker Symbol SPNS
Full Company Profile

Financial Performance

In 2023, SPNS's revenue was $514.58 million, an increase of 8.39% compared to the previous year's $474.74 million. Earnings were $62.44 million, an increase of 18.73%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SPNS stock is "Buy." The 12-month stock price forecast is $35.33, which is an increase of 2.79% from the latest price.

Price Target
$35.33
(2.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sapiens Accelerates Growth for Medical Professional Liability Insurers

Sapiens' expanded offering maximizes business value for MPL insurers, supporting growth and retention   ROCHELLE PARK, N.J. , July 2, 2024 /PRNewswire/ --  Sapiens International Corporation , (NASDAQ:...

16 hours ago - PRNewsWire

Sapiens Launches Its Next-Gen Intelligent Insurance Platform

Sapiens' AI-driven platform enables insurers to embrace the latest innovative technologies to make smarter business decisions and increase automation ROCHELLE PARK, N.J. , June 18, 2024 /PRNewswire/ -...

14 days ago - PRNewsWire

Bangkok Insurance Public Company Limited Goes Live with Sapiens End-to-End P&C Platform

The go-live provides Thailand's leading insurer with accelerated growth, operational efficiency and speed to market UXBRIDGE, England , June 13, 2024 /PRNewswire/ -- Sapiens International Corporation,...

19 days ago - PRNewsWire

Blender Technologies and Sapiens Partner to Expand Global Reach

TEL AVIV, Israel , June 5, 2024 /PRNewswire/ -- Blender Technologies (TASE: BLND), a leading fintech company providing innovative credit and financing solutions, today announced a strategic partnershi...

27 days ago - PRNewsWire

Sapiens to Participate in Upcoming Investor Conferences

ROCHELLE PARK, N.J. , May 21, 2024 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today an...

6 weeks ago - PRNewsWire

Republic Life Insurance Goes Live as Caribbean's First Digital, Direct-to-Consumer Insurer Powered by Sapiens' Insurance Platform

Sapiens' Insurance platform on Microsoft Azure cloud will enable quick launch of products and accelerate market expansion ROCHELLE PARK, N.J. , May 16, 2024 /PRNewswire/ -- Sapiens International Corpo...

6 weeks ago - PRNewsWire

Sapiens Reports First Quarter 2024 Financial Results

ROCHELLE PARK, N.J., May 8, 2024 /PRNewswire/ -- Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today anno...

7 weeks ago - PRNewsWire

Sapiens to Participate in the Needham Technology, Media, & Consumer Conference on May 15, 2024

ROCHELLE PARK, N.J. , May 1, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today anno...

2 months ago - PRNewsWire

Sapiens Unveils Enhanced Reinsurance and Analytics Solution Catering to Evolving Market Demands

Latest version enhances operational efficiency, regulatory reporting, and strategic decision-making with robust business insights ROCHELLE PARK, N.J., April 25, 2024 /PRNewswire/ -- Sapiens Internatio...

2 months ago - PRNewsWire

SAPIENS TO ANNOUNCE FIRST QUARTER OF 2024 FINANCIAL RESULTS ON MAY 8, 2024

ROCHELLE PARK, N.J. , April 24, 2024 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announce...

2 months ago - PRNewsWire

Sapiens Launches IntegrateAI, the Second Release in its DecisionAI Portfolio

IntegrateAI addresses growing market demand for a single, integrated business application that leverages machine learning models in decision management ROCHELLE PARK, N.J. , April 18, 2024 /PRNewswire...

2 months ago - PRNewsWire

Exclusive: Israeli insurance software maker Sapiens explores sale, sources say

Sapiens International , an Israel-headquartered insurance software firm with a market value of nearly $2 billion, is exploring options that include a potential sale, according to people familiar with ...

3 months ago - Reuters

Sapiens Files Annual Report on Form 20-F for the Year Ended December 31, 2023

ROCHELLE PARK, N.J. , March 26, 2024 /PRNewswire/ -- Sapiens International Corporation N.V.

3 months ago - PRNewsWire

SAPIENS DECLARES CASH DIVIDEND OF $15.6 MILLION, OR $0.28 PER SHARE FOR THE SECOND HALF OF 2023

ROCHELLE PARK, N.J., March 25, 2024 /PRNewswire/ -- Sapiens International Corporation N.V.

3 months ago - PRNewsWire

Celent Names Sapiens P&C Claims Solution as 2024 Luminary in EMEA and APAC

Sapiens P&C claims management solution  also received four XCelent awards for excellence in advanced technology and breadth of functionality UXBRIDGE, England , March 21, 2024 /PRNewswire/ -- Sapiens ...

3 months ago - PRNewsWire

Celent Names Sapiens ClaimsPro for P&C in North America as 2024 Luminary

Sapiens received Celent's highest ranking for excellence in advanced technology and breadth of functionality   ROCHELLE PARK, N.J. , March 11, 2024 /PRNewswire/ --  Sapiens International Corporation ,...

4 months ago - PRNewsWire

Sapiens Expands Presence in Canadian Market to Accelerate Growth for Canadian Insurers

By bolstering workforce and expertise in Canada, Sapiens fosters continued growth and innovation for regional customers ROCHELLE PARK, N.J. , March 4, 2024 /PRNewswire/ -- Sapiens International Corpor...

4 months ago - PRNewsWire

Sapiens and DataCrest Forge Partnership to Elevate Underwriting Precision in P&C Sector

The strategic collaboration accelerates operational efficiencies and drives premium growth for P&C insurers ROCHELLE PARK, N.J. , Feb. 26, 2024 /PRNewswire/ -- Sapiens International Corporation (NASDA...

4 months ago - PRNewsWire

UK Insurer BHSF Selects Sapiens SaaS Platform for Digital Transformation and Enhanced Customer Experiences

Sapiens IDITSuite and DigitalSuite unify BHSF's customer journeys with digital-first, highly automated processes on the Microsoft Azure cloud  HOLON, Israel , Feb. 21, 2024 /PRNewswire/ --  Sapiens In...

4 months ago - PRNewsWire

Sapiens Reports Fourth Quarter 2023 Financial Results

HOLON, Israel , Feb. 20, 2024 /PRNewswire/ --  Sapiens International Corporation , (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announ...

4 months ago - PRNewsWire

Cleos Goes Live with Sapiens SCIPSuite for Seamless Launch of New Products

Hosted on Microsoft Azure, Sapiens' platform empowers German pet insurer to launch products faster, easier and more cost-efficiently HOLON, Israel , Feb. 8, 2024 /PRNewswire/ -- Sapiens International ...

5 months ago - PRNewsWire

Sapiens and Binah.ai Partner to Empower Global Life Insurers to Improve Risk Management with AI

The partnership will enable insurers to leverage health and wellness monitoring technology for streamlined underwriting and enhanced user experience HOLON, Israel , Feb. 5, 2024 /PRNewswire/ -- Sapien...

5 months ago - PRNewsWire

Vietnam's Digital Insurer OPES Goes Live with Sapiens P&C Platform on Microsoft Azure

Sapiens IDITSuite for Property & Casualty empowers OPES' digital journey with rapid transformatio n HOLON, Israel, Feb. 1, 2024 /PRNewswire/ -- Sapiens International Corporation, (NASDAQ: SPNS) (TASE:...

5 months ago - PRNewsWire

SAPIENS TO ANNOUNCE FOURTH QUARTER and YEAR-END 2023 FINANCIAL RESULTS ON FEBRUARY 20, 2024

HOLON, Israel , Jan. 23, 2024 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today...

5 months ago - PRNewsWire

Norwegian Insurer Gjensidige Pensjonsforsikring Goes Live with Sapiens CoreSuite for Life & Pensions

Sapiens' solution supports GPF's broad digital strategy to enhance life and pensions coverage and accelerate the roll-out of innovative new products HOLON, Israel , Jan. 9, 2024 /PRNewswire/ -- Sapien...

6 months ago - PRNewsWire