SiriusPoint (NYSE:SPNT – Get Free Report) and Swiss Re (OTCMKTS:SSREY – Get Free Report) are both finance companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, analyst recommendations, institutional ownership, dividends, profitability, earnings and risk.
Earnings and Valuation
This table compares SiriusPoint and Swiss Re”s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
SiriusPoint | $2.60 billion | 0.83 | $199.90 million | $0.89 | 20.72 |
Swiss Re | $45.60 billion | 1.23 | $3.24 billion | N/A | N/A |
Institutional and Insider Ownership
52.8% of SiriusPoint shares are held by institutional investors. 11.7% of SiriusPoint shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Volatility and Risk
SiriusPoint has a beta of 0.76, indicating that its share price is 24% less volatile than the S&P 500. Comparatively, Swiss Re has a beta of 0.75, indicating that its share price is 25% less volatile than the S&P 500.
Profitability
This table compares SiriusPoint and Swiss Re’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
SiriusPoint | 4.38% | 6.57% | 1.05% |
Swiss Re | N/A | N/A | N/A |
Analyst Recommendations
This is a summary of current ratings and recommmendations for SiriusPoint and Swiss Re, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
SiriusPoint | 0 | 1 | 2 | 2 | 3.20 |
Swiss Re | 2 | 3 | 1 | 2 | 2.38 |
SiriusPoint currently has a consensus target price of $25.00, suggesting a potential upside of 35.57%. Given SiriusPoint’s stronger consensus rating and higher possible upside, equities analysts clearly believe SiriusPoint is more favorable than Swiss Re.
Summary
SiriusPoint beats Swiss Re on 9 of the 12 factors compared between the two stocks.
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.
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.
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