ROOT vs. SPNT, PLMR, FIHL, HG, SKWD, HMN, LMND, SAFT, EIG, and HCI
Should you be buying Root stock or one of its competitors? The main competitors of Root include SiriusPoint (SPNT), Palomar (PLMR), Fidelis Insurance (FIHL), Hamilton Insurance Group (HG), Skyward Specialty Insurance Group (SKWD), Horace Mann Educators (HMN), Lemonade (LMND), Safety Insurance Group (SAFT), Employers (EIG), and HCI Group (HCI). These companies are all part of the "fire, marine, & casualty insurance" industry.
Root (NASDAQ:ROOT) and SiriusPoint (NYSE:SPNT) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, institutional ownership, earnings, valuation, media sentiment, dividends, analyst recommendations, community ranking and risk.
In the previous week, SiriusPoint had 1 more articles in the media than Root. MarketBeat recorded 3 mentions for SiriusPoint and 2 mentions for Root. SiriusPoint's average media sentiment score of 0.71 beat Root's score of 0.55 indicating that SiriusPoint is being referred to more favorably in the news media.
Root received 21 more outperform votes than SiriusPoint when rated by MarketBeat users. Likewise, 25.88% of users gave Root an outperform vote while only 20.00% of users gave SiriusPoint an outperform vote.
Root presently has a consensus price target of $40.75, suggesting a potential downside of 19.85%. Given Root's higher possible upside, analysts plainly believe Root is more favorable than SiriusPoint.
SiriusPoint has a net margin of 11.57% compared to Root's net margin of -17.61%. SiriusPoint's return on equity of 14.59% beat Root's return on equity.
Root has a beta of 2.72, meaning that its stock price is 172% more volatile than the S&P 500. Comparatively, SiriusPoint has a beta of 0.95, meaning that its stock price is 5% less volatile than the S&P 500.
SiriusPoint has higher revenue and earnings than Root. Root is trading at a lower price-to-earnings ratio than SiriusPoint, indicating that it is currently the more affordable of the two stocks.
59.8% of Root shares are held by institutional investors. Comparatively, 52.8% of SiriusPoint shares are held by institutional investors. 11.7% of Root shares are held by company insiders. Comparatively, 10.3% of SiriusPoint shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
SiriusPoint beats Root on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ROOT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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