SPNT vs. PLMR, FIHL, HG, SKWD, HMN, LMND, MCY, SAFT, EIG, and HCI
Should you be buying SiriusPoint stock or one of its competitors? The main competitors of SiriusPoint include Palomar (PLMR), Fidelis Insurance (FIHL), Hamilton Insurance Group (HG), Skyward Specialty Insurance Group (SKWD), Horace Mann Educators (HMN), Lemonade (LMND), Mercury General (MCY), Safety Insurance Group (SAFT), Employers (EIG), and HCI Group (HCI). These companies are all part of the "fire, marine, & casualty insurance" industry.
Palomar (NASDAQ:PLMR) and SiriusPoint (NYSE:SPNT) are both mid-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their community ranking, risk, media sentiment, dividends, institutional ownership, earnings, analyst recommendations, profitability and valuation.
90.3% of Palomar shares are held by institutional investors. Comparatively, 52.8% of SiriusPoint shares are held by institutional investors. 4.3% of Palomar shares are held by company insiders. Comparatively, 10.3% of SiriusPoint shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Palomar currently has a consensus target price of $92.83, suggesting a potential upside of 9.73%. Given SiriusPoint's higher possible upside, equities research analysts plainly believe Palomar is more favorable than SiriusPoint.
Palomar has a net margin of 21.78% compared to Palomar's net margin of 11.57%. SiriusPoint's return on equity of 19.94% beat Palomar's return on equity.
In the previous week, Palomar had 10 more articles in the media than SiriusPoint. MarketBeat recorded 14 mentions for Palomar and 4 mentions for SiriusPoint. SiriusPoint's average media sentiment score of 0.89 beat Palomar's score of 0.24 indicating that Palomar is being referred to more favorably in the media.
SiriusPoint has higher revenue and earnings than Palomar. SiriusPoint is trading at a lower price-to-earnings ratio than Palomar, indicating that it is currently the more affordable of the two stocks.
Palomar received 76 more outperform votes than SiriusPoint when rated by MarketBeat users. Likewise, 58.78% of users gave Palomar an outperform vote while only 20.00% of users gave SiriusPoint an outperform vote.
Palomar has a beta of 0.24, suggesting that its share price is 76% less volatile than the S&P 500. Comparatively, SiriusPoint has a beta of 0.95, suggesting that its share price is 5% less volatile than the S&P 500.
Summary
Palomar beats SiriusPoint on 13 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SPNT 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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