Reviewing Omnichannel Acquisition (NYSE:OCA) and RenaissanceRe (NYSE:RNR)

Omnichannel Acquisition (NYSE:OCAGet Rating) and RenaissanceRe (NYSE:RNRGet Rating) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, risk, valuation, profitability and institutional ownership.

Valuation & Earnings

This table compares Omnichannel Acquisition and RenaissanceRe’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Omnichannel Acquisition N/A N/A $6.93 million N/A N/A
RenaissanceRe $5.28 billion 1.30 -$40.15 million ($4.85) -32.08

Omnichannel Acquisition has higher earnings, but lower revenue than RenaissanceRe.

Volatility and Risk

Omnichannel Acquisition has a beta of -0.02, indicating that its share price is 102% less volatile than the S&P 500. Comparatively, RenaissanceRe has a beta of 0.58, indicating that its share price is 42% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and recommmendations for Omnichannel Acquisition and RenaissanceRe, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Omnichannel Acquisition 0 0 0 0 N/A
RenaissanceRe 0 1 2 0 2.67

RenaissanceRe has a consensus price target of $190.67, indicating a potential upside of 22.53%. Given RenaissanceRe’s higher possible upside, analysts plainly believe RenaissanceRe is more favorable than Omnichannel Acquisition.

Insider & Institutional Ownership

98.2% of RenaissanceRe shares are held by institutional investors. 1.3% of RenaissanceRe shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Omnichannel Acquisition and RenaissanceRe’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Omnichannel Acquisition N/A -46.97% 3.02%
RenaissanceRe -2.68% 4.25% 0.75%

Summary

RenaissanceRe beats Omnichannel Acquisition on 7 of the 10 factors compared between the two stocks.

Omnichannel Acquisition Company Profile (Get Rating)

Omnichannel Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company intends to focus on ‘omnichannel' businesses, such as technology-enabled cross-channel retail and consumer services, including the direct-to-consumer/e-commerce retail, consumer healthcare, consumer marketplaces, consumer services, and related sectors. Omnichannel Acquisition Corp. was incorporated in 2020 and is based in Millburn, New Jersey.

RenaissanceRe Company Profile (Get Rating)

RenaissanceRe Holdings Ltd. provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss retrocessional reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as claims arising from other natural and man-made catastrophes comprising winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. The company distributes its products and services primarily through intermediaries. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.

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