PLMR vs. SPNT, FIHL, HG, HMN, SKWD, MAX, LMND, SAFT, MCY, and HCI
Should you be buying Palomar stock or one of its competitors? The main competitors of Palomar include SiriusPoint (SPNT), Fidelis Insurance (FIHL), Hamilton Insurance Group (HG), Horace Mann Educators (HMN), Skyward Specialty Insurance Group (SKWD), MediaAlpha (MAX), Lemonade (LMND), Safety Insurance Group (SAFT), Mercury General (MCY), and HCI Group (HCI).
SiriusPoint (NYSE:SPNT) and Palomar (NASDAQ:PLMR) are both mid-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, community ranking, earnings, dividends, media sentiment, valuation, profitability and institutional ownership.
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.
SiriusPoint has a beta of 0.95, meaning that its share price is 5% less volatile than the S&P 500. Comparatively, Palomar has a beta of 0.24, meaning that its share price is 76% less volatile than the S&P 500.
In the previous week, Palomar had 5 more articles in the media than SiriusPoint. MarketBeat recorded 6 mentions for Palomar and 1 mentions for SiriusPoint. SiriusPoint's average media sentiment score of 0.79 beat Palomar's score of 0.00 indicating that Palomar is being referred to more favorably in the news media.
Palomar has a consensus target price of $89.17, indicating a potential upside of 2.37%. Given SiriusPoint's higher probable upside, 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.
Palomar received 73 more outperform votes than SiriusPoint when rated by MarketBeat users. Likewise, 58.27% of users gave Palomar an outperform vote while only 20.00% of users gave SiriusPoint an outperform vote.
52.8% of SiriusPoint shares are held by institutional investors. Comparatively, 90.3% of Palomar shares are held by institutional investors. 10.3% of SiriusPoint shares are held by insiders. Comparatively, 4.3% of Palomar shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
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 PLMR 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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