RNR vs. RGA, ESGR, GLRE, MHLD, ALL, ACGL, HIG, MKL, WRB, and CINF
Should you be buying RenaissanceRe stock or one of its competitors? The main competitors of RenaissanceRe include Reinsurance Group of America (RGA), Enstar Group (ESGR), Greenlight Capital Re (GLRE), Maiden (MHLD), Allstate (ALL), Arch Capital Group (ACGL), The Hartford Financial Services Group (HIG), Markel Group (MKL), W. R. Berkley (WRB), and Cincinnati Financial (CINF).
RenaissanceRe (NYSE:RNR) and Reinsurance Group of America (NYSE:RGA) are both large-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, media sentiment, profitability, analyst recommendations, institutional ownership, earnings, dividends, risk and community ranking.
RenaissanceRe has a net margin of 24.79% compared to Reinsurance Group of America's net margin of 4.16%. RenaissanceRe's return on equity of 27.09% beat Reinsurance Group of America's return on equity.
RenaissanceRe presently has a consensus target price of $249.00, suggesting a potential upside of 9.28%. Reinsurance Group of America has a consensus target price of $202.50, suggesting a potential downside of 3.48%. Given RenaissanceRe's higher probable upside, equities research analysts clearly believe RenaissanceRe is more favorable than Reinsurance Group of America.
In the previous week, Reinsurance Group of America had 6 more articles in the media than RenaissanceRe. MarketBeat recorded 9 mentions for Reinsurance Group of America and 3 mentions for RenaissanceRe. RenaissanceRe's average media sentiment score of 1.00 beat Reinsurance Group of America's score of 0.85 indicating that RenaissanceRe is being referred to more favorably in the media.
100.0% of RenaissanceRe shares are owned by institutional investors. Comparatively, 95.1% of Reinsurance Group of America shares are owned by institutional investors. 1.3% of RenaissanceRe shares are owned by company insiders. Comparatively, 1.4% of Reinsurance Group of America shares are owned 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.
RenaissanceRe has a beta of 0.31, indicating that its stock price is 69% less volatile than the S&P 500. Comparatively, Reinsurance Group of America has a beta of 0.88, indicating that its stock price is 12% less volatile than the S&P 500.
RenaissanceRe pays an annual dividend of $1.56 per share and has a dividend yield of 0.7%. Reinsurance Group of America pays an annual dividend of $3.40 per share and has a dividend yield of 1.6%. RenaissanceRe pays out 3.4% of its earnings in the form of a dividend. Reinsurance Group of America pays out 26.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
RenaissanceRe has higher earnings, but lower revenue than Reinsurance Group of America. RenaissanceRe is trading at a lower price-to-earnings ratio than Reinsurance Group of America, indicating that it is currently the more affordable of the two stocks.
RenaissanceRe received 27 more outperform votes than Reinsurance Group of America when rated by MarketBeat users. However, 51.67% of users gave Reinsurance Group of America an outperform vote while only 51.54% of users gave RenaissanceRe an outperform vote.
Summary
RenaissanceRe beats Reinsurance Group of America on 11 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding RNR 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 NYSE 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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