RenaissanceRe (NYSE:RNR) Vs. HIG, CINF, MKL, ACGL, L, WRB, CNA, AFG, AFG, and RE
Should you be buying RenaissanceRe stock or one of its competitors? The main competitors of RenaissanceRe include The Hartford Financial Services Group (HIG), Cincinnati Financial (CINF), Markel (MKL), Arch Capital Group (ACGL), Loews (L), W. R. Berkley (WRB), CNA Financial (CNA), American Financial Group (AFG), American Financial Group (AFG), and Everest Re Group (RE). These companies are all part of the "reinsurance" industry.These companies are all part of the "fire, marine, & casualty insurance" industry.
RenaissanceRe vs.
Cincinnati Financial (NASDAQ:CINF) and RenaissanceRe (NYSE:RNR) are both finance companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, community ranking, profitability, valuation, media sentiment, analyst recommendations, earnings, risk and institutional ownership.
Cincinnati Financial has a net margin of 30.25% compared to RenaissanceRe's net margin of 8.54%. Cincinnati Financial's return on equity of 7.71% beat RenaissanceRe's return on equity.
In the previous week, RenaissanceRe had 6 more articles in the media than Cincinnati Financial. MarketBeat recorded 13 mentions for RenaissanceRe and 7 mentions for Cincinnati Financial. Cincinnati Financial's average media sentiment score of 0.36 beat RenaissanceRe's score of -0.11 indicating that Cincinnati Financial is being referred to more favorably in the media.
Cincinnati Financial presently has a consensus target price of $126.80, indicating a potential upside of 4.63%. RenaissanceRe has a consensus target price of $186.60, indicating a potential upside of 26.53%. Given RenaissanceRe's higher probable upside, analysts plainly believe RenaissanceRe is more favorable than Cincinnati Financial.
Cincinnati Financial has a beta of 0.67, suggesting that its stock price is 33% less volatile than the S&P 500. Comparatively, RenaissanceRe has a beta of 0.48, suggesting that its stock price is 52% less volatile than the S&P 500.
RenaissanceRe received 93 more outperform votes than Cincinnati Financial when rated by MarketBeat users. Likewise, 54.40% of users gave RenaissanceRe an outperform vote while only 53.93% of users gave Cincinnati Financial an outperform vote.
Cincinnati Financial has higher revenue and earnings than RenaissanceRe. Cincinnati Financial is trading at a lower price-to-earnings ratio than RenaissanceRe, indicating that it is currently the more affordable of the two stocks.
Cincinnati Financial pays an annual dividend of $2.52 per share and has a dividend yield of 2.1%. RenaissanceRe pays an annual dividend of $1.44 per share and has a dividend yield of 1.0%. Cincinnati Financial pays out 76.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. RenaissanceRe pays out 1,200.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cincinnati Financial has raised its dividend for 39 consecutive years and RenaissanceRe has raised its dividend for 25 consecutive years. Cincinnati Financial is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
66.4% of Cincinnati Financial shares are held by institutional investors. Comparatively, 95.3% of RenaissanceRe shares are held by institutional investors. 8.2% of Cincinnati Financial shares are held by insiders. Comparatively, 1.3% of RenaissanceRe shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Summary
Cincinnati Financial beats RenaissanceRe on 15 of the 21 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding RNR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
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.
RenaissanceRe (NYSE:RNR) vs. Its Competitors
RenaissanceRe Competitors List
