ROOT vs. SPNT, PLMR, FIHL, HG, SKWD, HMN, LMND, SAFT, EIG, and HCI
Should you be buying Root stock or one of its competitors? The main competitors of Root include SiriusPoint (SPNT), Palomar (PLMR), Fidelis Insurance (FIHL), Hamilton Insurance Group (HG), Skyward Specialty Insurance Group (SKWD), Horace Mann Educators (HMN), Lemonade (LMND), Safety Insurance Group (SAFT), Employers (EIG), and HCI Group (HCI). These companies are all part of the "fire, marine, & casualty insurance" industry.
SiriusPoint (NYSE:SPNT) and Root (NASDAQ:ROOT) are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, earnings, media sentiment, dividends, profitability, risk, institutional ownership and community ranking.
52.8% of SiriusPoint shares are owned by institutional investors. Comparatively, 59.8% of Root shares are owned by institutional investors. 10.3% of SiriusPoint shares are owned by insiders. Comparatively, 11.7% of Root shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
SiriusPoint has a beta of 0.95, suggesting that its share price is 5% less volatile than the S&P 500. Comparatively, Root has a beta of 2.72, suggesting that its share price is 172% more volatile than the S&P 500.
Root received 21 more outperform votes than SiriusPoint when rated by MarketBeat users. Likewise, 25.88% of users gave Root an outperform vote while only 20.00% of users gave SiriusPoint an outperform vote.
In the previous week, SiriusPoint and SiriusPoint both had 2 articles in the media. Root's average media sentiment score of 1.18 beat SiriusPoint's score of 0.93 indicating that SiriusPoint is being referred to more favorably in the media.
SiriusPoint has a net margin of 11.57% compared to SiriusPoint's net margin of -17.61%. Root's return on equity of 14.59% beat SiriusPoint's return on equity.
SiriusPoint has higher revenue and earnings than Root. Root is trading at a lower price-to-earnings ratio than SiriusPoint, indicating that it is currently the more affordable of the two stocks.
Root has a consensus price target of $40.75, indicating a potential downside of 19.85%. Given SiriusPoint's higher possible upside, analysts clearly believe Root is more favorable than SiriusPoint.
Summary
SiriusPoint and Root tied by winning 8 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ROOT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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