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.
Reinsurance Group of America (NYSE:RGA) and RenaissanceRe (NYSE:RNR) are both large-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, media sentiment, risk, analyst recommendations, community ranking, earnings, dividends and profitability.
RenaissanceRe has a net margin of 25.38% compared to Reinsurance Group of America's net margin of 4.16%. RenaissanceRe's return on equity of 28.79% beat Reinsurance Group of America's return on equity.
Reinsurance Group of America currently has a consensus price target of $215.64, suggesting a potential downside of 3.21%. RenaissanceRe has a consensus price target of $263.40, suggesting a potential upside of 17.20%. Given RenaissanceRe's higher probable upside, analysts plainly believe RenaissanceRe is more favorable than Reinsurance Group of America.
Reinsurance Group of America has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500. Comparatively, RenaissanceRe has a beta of 0.38, suggesting that its stock price is 62% less volatile than the S&P 500.
95.1% of Reinsurance Group of America shares are held by institutional investors. Comparatively, 100.0% of RenaissanceRe shares are held by institutional investors. 1.4% of Reinsurance Group of America shares are held by company insiders. Comparatively, 1.3% of RenaissanceRe shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
RenaissanceRe received 22 more outperform votes than Reinsurance Group of America when rated by MarketBeat users. However, 52.04% of users gave Reinsurance Group of America an outperform vote while only 51.38% of users gave RenaissanceRe an outperform vote.
Reinsurance Group of America pays an annual dividend of $3.40 per share and has a dividend yield of 1.5%. RenaissanceRe pays an annual dividend of $1.56 per share and has a dividend yield of 0.7%. Reinsurance Group of America pays out 26.4% of its earnings in the form of a dividend. RenaissanceRe pays out 3.4% 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.
In the previous week, RenaissanceRe had 8 more articles in the media than Reinsurance Group of America. MarketBeat recorded 21 mentions for RenaissanceRe and 13 mentions for Reinsurance Group of America. RenaissanceRe's average media sentiment score of 0.93 beat Reinsurance Group of America's score of 0.85 indicating that RenaissanceRe is being referred to more favorably in the news media.
RenaissanceRe has lower revenue, but higher earnings 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.
Summary
RenaissanceRe beats Reinsurance Group of America on 12 of the 21 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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