RNR vs. RGA, ESGR, GLRE, MHLD, ALL, ACGL, HIG, MKL, WRB, and CINF
Should you be buying RenaissanceRe stock or one of its competitors? The main competitors of RenaissanceRe include Reinsurance Group of America (RGA), Enstar Group (ESGR), Greenlight Capital Re (GLRE), Maiden (MHLD), Allstate (ALL), Arch Capital Group (ACGL), The Hartford Financial Services Group (HIG), Markel Group (MKL), W. R. Berkley (WRB), and Cincinnati Financial (CINF).
Reinsurance Group of America (NYSE:RGA) and RenaissanceRe (NYSE:RNR) are both large-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their media sentiment, profitability, valuation, risk, analyst recommendations, earnings, community ranking, dividends and institutional ownership.
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.
95.1% of Reinsurance Group of America shares are owned by institutional investors. Comparatively, 100.0% of RenaissanceRe shares are owned by institutional investors. 1.4% of Reinsurance Group of America shares are owned by insiders. Comparatively, 1.3% of RenaissanceRe shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
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. Reinsurance Group of America has increased its dividend for 15 consecutive years and RenaissanceRe has increased its dividend for 29 consecutive years.
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.
In the previous week, RenaissanceRe had 8 more articles in the media than Reinsurance Group of America. MarketBeat recorded 20 mentions for RenaissanceRe and 12 mentions for Reinsurance Group of America. Reinsurance Group of America's average media sentiment score of 0.93 beat RenaissanceRe's score of 0.85 indicating that RenaissanceRe is being referred to more favorably in the news media.
Reinsurance Group of America presently has a consensus target price of $215.64, indicating a potential downside of 2.68%. RenaissanceRe has a consensus target price of $263.40, indicating a potential upside of 17.35%. Given Reinsurance Group of America's higher possible upside, analysts plainly believe RenaissanceRe is more favorable than Reinsurance Group of America.
Reinsurance Group of America has a beta of 0.92, indicating that its share price is 8% less volatile than the S&P 500. Comparatively, RenaissanceRe has a beta of 0.38, indicating that its share price is 62% less volatile than the S&P 500.
RenaissanceRe has a net margin of 25.38% compared to RenaissanceRe's net margin of 4.16%. Reinsurance Group of America's return on equity of 28.79% beat RenaissanceRe's return on equity.
Summary
RenaissanceRe beats Reinsurance Group of America on 13 of the 22 factors compared between the two stocks.
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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.
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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