RGA vs. RNR, ESGR, GLRE, MHLD, MET, MFC, PRU, SLF, PUK, and CRBG
Should you be buying Reinsurance Group of America stock or one of its competitors? The main competitors of Reinsurance Group of America include RenaissanceRe (RNR), Enstar Group (ESGR), Greenlight Capital Re (GLRE), Maiden (MHLD), MetLife (MET), Manulife Financial (MFC), Prudential Financial (PRU), Sun Life Financial (SLF), Prudential (PUK), and Corebridge Financial (CRBG). These companies are all part of the "finance" sector.
RenaissanceRe (NYSE:RNR) and Reinsurance Group of America (NYSE:RGA) are both large-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their community ranking, risk, dividends, earnings, profitability, valuation, media sentiment, institutional ownership and analyst recommendations.
In the previous week, Reinsurance Group of America had 5 more articles in the media than RenaissanceRe. MarketBeat recorded 9 mentions for Reinsurance Group of America and 4 mentions for RenaissanceRe. Reinsurance Group of America's average media sentiment score of 1.00 beat RenaissanceRe's score of 0.83 indicating that RenaissanceRe is being referred to more favorably in the media.
RenaissanceRe has a net margin of 24.79% compared to RenaissanceRe's net margin of 4.16%. Reinsurance Group of America's return on equity of 27.09% beat RenaissanceRe's return on equity.
RenaissanceRe presently has a consensus price target of $249.00, indicating a potential upside of 9.28%. Reinsurance Group of America has a consensus price target of $202.50, indicating a potential downside of 3.48%. Given Reinsurance Group of America's higher probable upside, analysts clearly believe RenaissanceRe is more favorable than Reinsurance Group of America.
100.0% of RenaissanceRe shares are owned by institutional investors. Comparatively, 95.1% of Reinsurance Group of America shares are owned by institutional investors. 1.3% of RenaissanceRe shares are owned by company insiders. Comparatively, 1.4% of Reinsurance Group of America shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
RenaissanceRe pays an annual dividend of $1.56 per share and has a dividend yield of 0.7%. Reinsurance Group of America pays an annual dividend of $3.40 per share and has a dividend yield of 1.6%. RenaissanceRe pays out 3.4% of its earnings in the form of a dividend. Reinsurance Group of America pays out 26.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. RenaissanceRe has increased its dividend for 29 consecutive years and Reinsurance Group of America has increased its dividend for 15 consecutive years.
RenaissanceRe has higher earnings, but lower revenue than Reinsurance Group of America. RenaissanceRe is trading at a lower price-to-earnings ratio than Reinsurance Group of America, indicating that it is currently the more affordable of the two stocks.
RenaissanceRe has a beta of 0.31, suggesting that its share price is 69% less volatile than the S&P 500. Comparatively, Reinsurance Group of America has a beta of 0.88, suggesting that its share price is 12% less volatile than the S&P 500.
RenaissanceRe received 27 more outperform votes than Reinsurance Group of America when rated by MarketBeat users. However, 51.67% of users gave Reinsurance Group of America an outperform vote while only 51.54% of users gave RenaissanceRe an outperform vote.
Summary
RenaissanceRe beats Reinsurance Group of America on 12 of the 22 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding RGA 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 NYSE 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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