Analyzing Everest Group (NYSE:EG) & SiriusPoint (NYSE:SPNT)

Everest Group (NYSE:EG) and SiriusPoint (NYSE:SPNT) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, dividends, institutional ownership, risk, profitability, analyst recommendations and earnings.

Profitability

This table compares Everest Group and SiriusPoint’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Everest Group	7.95%	9.04%	2.39%
SiriusPoint	7.68%	8.73%	1.56%

Analyst Ratings

This is a summary of recent ratings and target prices for Everest Group and SiriusPoint, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Everest Group	0	6	3	0	2.33
SiriusPoint	0	0	0	1	4.00

Everest Group presently has a consensus price target of $416.50, suggesting a potential upside of 16.24%. Given Everest Group’s higher possible upside, research analysts plainly believe Everest Group is more favorable than SiriusPoint.

Valuation & Earnings

This table compares Everest Group and SiriusPoint”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Everest Group	$17.08 billion	0.90	$1.37 billion	$31.41	11.41
SiriusPoint	$2.61 billion	0.90	$354.80 million	$0.96	15.14

Everest Group has higher revenue and earnings than SiriusPoint. Everest Group is trading at a lower price-to-earnings ratio than SiriusPoint, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Everest Group has a beta of 0.61, indicating that its stock price is 39% less volatile than the S&P 500. Comparatively, SiriusPoint has a beta of 0.87, indicating that its stock price is 13% less volatile than the S&P 500.

Insider and Institutional Ownership

92.6% of Everest Group shares are held by institutional investors. Comparatively, 52.8% of SiriusPoint shares are held by institutional investors. 1.2% of Everest Group shares are held by company insiders. Comparatively, 10.3% of SiriusPoint shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Everest Group beats SiriusPoint on 9 of the 15 factors compared between the two stocks.

About Everest Group

Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents in the United States, Bermuda, Canada, Europe, South America, Singapore, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and accident and health, specialty underwriters, eversports and entertainment, and surety and credit, marine and aviation, as well as structured and property hybrid solutions. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda.

About SiriusPoint

SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides aviation and space, accident and health, casualty, credit, marine and energy, property to insurance and reinsurance companies, government entities, and other risk bearing vehicles. This segment offers medical insurance products, trip cancellation programs, medical management services, and 24/7 emergency medical and travel assistance services. The Insurance & Services segment provides accident and health, marine and energy, property and casualty, mortgage, environmental, workers' compensation, commercial auto lines, professional liability, and other lines of business. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.