SPNT vs. PLMR, FIHL, HG, HMN, MCY, SKWD, SAFT, HCI, LMND, and EIG
Should you be buying SiriusPoint stock or one of its competitors? The main competitors of SiriusPoint include Palomar (PLMR), Fidelis Insurance (FIHL), Hamilton Insurance Group (HG), Horace Mann Educators (HMN), Mercury General (MCY), Skyward Specialty Insurance Group (SKWD), Safety Insurance Group (SAFT), HCI Group (HCI), Lemonade (LMND), and Employers (EIG). These companies are all part of the "fire, marine, & casualty insurance" industry.
Palomar (NASDAQ:PLMR) and SiriusPoint (NYSE:SPNT) are both mid-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their risk, community ranking, profitability, earnings, dividends, institutional ownership, media sentiment, analyst recommendations and valuation.
In the previous week, Palomar had 5 more articles in the media than SiriusPoint. MarketBeat recorded 7 mentions for Palomar and 2 mentions for SiriusPoint. Palomar's average media sentiment score of 0.95 beat SiriusPoint's score of 0.80 indicating that SiriusPoint is being referred to more favorably in the news media.
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.
90.3% of Palomar shares are owned by institutional investors. Comparatively, 52.8% of SiriusPoint shares are owned by institutional investors. 4.4% of Palomar shares are owned by company insiders. Comparatively, 50.9% of SiriusPoint shares are owned 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.
Palomar has a net margin of 21.07% compared to Palomar's net margin of 13.28%. SiriusPoint's return on equity of 19.35% beat Palomar's return on equity.
Palomar has a beta of 0.21, meaning that its stock price is 79% less volatile than the S&P 500. Comparatively, SiriusPoint has a beta of 0.95, meaning that its stock price is 5% less volatile than the S&P 500.
Palomar presently has a consensus price target of $77.00, suggesting a potential downside of 8.61%. Given SiriusPoint's higher possible upside, equities research analysts clearly believe Palomar is more favorable than SiriusPoint.
Palomar received 69 more outperform votes than SiriusPoint when rated by MarketBeat users. Likewise, 58.33% of users gave Palomar an outperform vote while only 20.00% of users gave SiriusPoint an outperform vote.
Summary
Palomar beats SiriusPoint on 12 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SPNT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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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