FG Financial Group (FGF) & Its Competitors Critical Review

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

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 2.63% 5.32% 1.21%

Analyst Ratings

This is a summary of current ratings and target prices for FG Financial Group and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FG Financial Group 0 0 0 0 N/A
FG Financial Group Competitors 735 3167 2757 162 2.34

As a group, “Fire, marine, & casualty insurance” companies have a potential upside of 14.29%. Given FG Financial Group’s peers higher probable upside, analysts clearly believe FG Financial Group has less favorable growth aspects than its peers.

Valuation and Earnings

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

Gross Revenue Net Income Price/Earnings Ratio
FG Financial Group $7.59 million -$8.51 million -1.68
FG Financial Group Competitors $13.34 billion $2.84 billion -7,858.05

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.

Volatility and Risk

FG Financial Group has a beta of 0.69, suggesting 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, suggesting that their average stock price is 22% less volatile than the S&P 500.

Institutional & Insider 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 company insiders. Comparatively, 13.2% of shares of all “Fire, marine, & casualty insurance” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

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

FG Financial Group Company Profile (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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