FG Financial Group (FGF) and The Competition Critical Analysis

FG Financial Group (NASDAQ:FGFGet Rating) is one of 94 publicly-traded companies in the “Fire, marine, & casualty insurance” industry, but how does it compare to its peers? We will compare FG Financial Group to related companies based on the strength of its risk, profitability, earnings, analyst recommendations, institutional ownership, dividends and valuation.

Valuation & Earnings

This table compares FG Financial Group and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
FG Financial Group $7.59 million -$8.51 million -1.82
FG Financial Group Competitors $13.34 billion $2.84 billion -7,477.89

FG Financial Group’s peers have higher revenue and earnings than FG Financial Group. FG Financial Group is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares FG Financial Group and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
FG Financial Group N/A -36.78% -13.71%
FG Financial Group Competitors 2.94% 5.21% 1.19%

Insider and Institutional Ownership

9.4% of FG Financial Group shares are owned by institutional investors. Comparatively, 59.0% of shares of all “Fire, marine, & casualty insurance” companies are owned by institutional investors. 61.5% of FG Financial Group shares are owned by insiders. Comparatively, 13.1% of shares of all “Fire, marine, & casualty insurance” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for FG Financial Group and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FG Financial Group 0 0 0 0 N/A
FG Financial Group Competitors 725 3143 2750 160 2.35

As a group, “Fire, marine, & casualty insurance” companies have a potential upside of 6.49%. Given FG Financial Group’s peers higher possible upside, analysts clearly believe FG Financial Group has less favorable growth aspects than its peers.

Risk & Volatility

FG Financial Group has a beta of 0.69, indicating that its stock price is 31% less volatile than the S&P 500. Comparatively, FG Financial Group’s peers have a beta of 0.78, indicating that their average stock price is 22% less volatile than the S&P 500.

Summary

FG Financial Group peers beat FG Financial Group on 8 of the 10 factors compared.

About FG Financial Group (Get Rating)

FG Financial Group, Inc. operates as a reinsurance and investment management holding company in the United States. The company offers specialty property and casualty reinsurance products and services. It also operates a special purpose acquisition company platform (SPAC) that provides various strategic, administrative, and regulatory support services to newly formed SPACs for a monthly fee. The company was formerly known as 1347 Property Insurance Holdings, Inc. and changed its name to FG Financial Group, Inc. in December 2020. The company was incorporated in 2012 and is based in St. Petersburg, Florida.

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