Swiss Re (OTCMKTS:SSREY – Get Free Report) and SiriusPoint (NYSE:SPNT – Get Free Report) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, analyst recommendations, institutional ownership, valuation, risk and profitability.
Insider & Institutional Ownership
52.8% of SiriusPoint shares are held by institutional investors. 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.
Earnings and Valuation
This table compares Swiss Re and SiriusPoint”s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Swiss Re | $45.60 billion | 1.22 | $3.24 billion | N/A | N/A |
SiriusPoint | $2.60 billion | 0.84 | $199.90 million | $0.89 | 21.10 |
Swiss Re has higher revenue and earnings than SiriusPoint.
Volatility and Risk
Swiss Re has a beta of 0.75, suggesting that its share price is 25% less volatile than the S&P 500. Comparatively, SiriusPoint has a beta of 0.76, suggesting that its share price is 24% less volatile than the S&P 500.
Analyst Ratings
This is a breakdown of recent ratings and target prices for Swiss Re and SiriusPoint, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Swiss Re | 3 | 3 | 1 | 2 | 2.22 |
SiriusPoint | 0 | 1 | 2 | 2 | 3.20 |
SiriusPoint has a consensus price target of $25.00, indicating a potential upside of 33.12%. Given SiriusPoint’s stronger consensus rating and higher possible upside, analysts clearly believe SiriusPoint is more favorable than Swiss Re.
Profitability
This table compares Swiss Re and SiriusPoint’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Swiss Re | N/A | N/A | N/A |
SiriusPoint | 4.38% | 6.57% | 1.05% |
Summary
SiriusPoint beats Swiss Re on 9 of the 12 factors compared between the two stocks.
About Swiss Re
Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions. The Property & Casualty Reinsurance segment underwrites property reinsurance, including property, credit and surety, engineering, aviation, marine, agriculture, retakaful, and facultative reinsurance solutions; and casualty reinsurance, such as liability, motor, worker's compensation, personal accident, management and professional liability, cyber, and facultative reinsurance solutions. The Life & Health Reinsurance segment underwrites life and health insurance products. The Corporate Solutions segment offers standard risk transfer covers and multi-line programs to customized solutions. It serves stock and mutual insurance companies, public sector and governmental entities, mid-sized and large corporations, and individuals. The company was founded in 1863 and is headquartered in Zurich, Switzerland.
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.
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