SiriusPoint (NYSE:SPNT) & Corebridge Financial (NYSE:CRBG) Head-To-Head Contrast

SiriusPoint (NYSE:SPNT) and Corebridge Financial (NYSE:CRBG) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, risk, valuation and profitability.

Analyst Recommendations

This is a summary of recent recommendations and price targets for SiriusPoint and Corebridge Financial, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SiriusPoint	0	1	2	2	3.20
Corebridge Financial	0	5	9	0	2.64

SiriusPoint currently has a consensus price target of $25.00, suggesting a potential upside of 37.97%. Corebridge Financial has a consensus price target of $39.91, suggesting a potential upside of 25.69%. Given SiriusPoint’s stronger consensus rating and higher probable upside, equities research analysts plainly believe SiriusPoint is more favorable than Corebridge Financial.

Insider and Institutional Ownership

52.8% of SiriusPoint shares are owned by institutional investors. Comparatively, 98.3% of Corebridge Financial shares are owned by institutional investors. 11.7% of SiriusPoint shares are owned by company insiders. Comparatively, 0.3% of Corebridge Financial shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Volatility & Risk

SiriusPoint has a beta of 0.76, indicating that its share price is 24% less volatile than the S&P 500. Comparatively, Corebridge Financial has a beta of 1.02, indicating that its share price is 2% more volatile than the S&P 500.

Profitability

This table compares SiriusPoint and Corebridge Financial’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%
Corebridge Financial	-1.80%	22.06%	0.74%

Earnings & Valuation

This table compares SiriusPoint and Corebridge Financial”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SiriusPoint	$2.60 billion	0.81	$199.90 million	$0.89	20.36
Corebridge Financial	$19.58 billion	0.87	$2.23 billion	($0.61)	-52.05

Corebridge Financial has higher revenue and earnings than SiriusPoint. Corebridge Financial is trading at a lower price-to-earnings ratio than SiriusPoint, indicating that it is currently the more affordable of the two stocks.

Summary

SiriusPoint beats Corebridge Financial on 8 of the 15 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 Corebridge Financial

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. The company operates as a subsidiary of American International Group, Inc.