PLMR vs. SPNT, FIHL, HMN, HG, SKWD, MAX, LMND, SAFT, HCI, and EIG
Should you be buying Palomar stock or one of its competitors? The main competitors of Palomar include SiriusPoint (SPNT), Fidelis Insurance (FIHL), Horace Mann Educators (HMN), Hamilton Insurance Group (HG), Skyward Specialty Insurance Group (SKWD), MediaAlpha (MAX), Lemonade (LMND), Safety Insurance Group (SAFT), HCI Group (HCI), and Employers (EIG).
SiriusPoint (NYSE:SPNT) and Palomar (NASDAQ:PLMR) are both mid-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, valuation, earnings, dividends, institutional ownership, risk, media sentiment, community ranking and analyst recommendations.
In the previous week, Palomar had 15 more articles in the media than SiriusPoint. MarketBeat recorded 15 mentions for Palomar and 0 mentions for SiriusPoint. SiriusPoint's average media sentiment score of 0.87 beat Palomar's score of 0.00 indicating that Palomar is being referred to more favorably in the news media.
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 company insiders. Comparatively, 4.3% of Palomar shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Palomar has a consensus price target of $89.17, indicating a potential upside of 6.34%. Given SiriusPoint's higher possible upside, analysts clearly believe Palomar is more favorable than SiriusPoint.
SiriusPoint has a beta of 0.95, suggesting that its share price is 5% less volatile than the S&P 500. Comparatively, Palomar has a beta of 0.24, suggesting that its share price is 76% less volatile than the S&P 500.
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 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.
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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