SiriusPoint (NYSE:SPNT) and The Hartford Financial Services Group (NYSE:HIG) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, dividends, valuation, earnings, analyst recommendations, risk and institutional ownership.
Earnings & Valuation
This table compares SiriusPoint and The Hartford Financial Services Group’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|SiriusPoint||$889.79 million||1.92||$143.52 million||N/A||N/A|
|The Hartford Financial Services Group||$20.52 billion||1.13||$1.74 billion||$5.78||11.22|
Volatility & Risk
SiriusPoint has a beta of 1.18, suggesting that its share price is 18% more volatile than the S&P 500. Comparatively, The Hartford Financial Services Group has a beta of 1.09, suggesting that its share price is 9% more volatile than the S&P 500.
This is a breakdown of current ratings and recommmendations for SiriusPoint and The Hartford Financial Services Group, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|The Hartford Financial Services Group||0||3||6||0||2.67|
The Hartford Financial Services Group has a consensus target price of $70.64, indicating a potential upside of 8.87%. Given The Hartford Financial Services Group’s higher possible upside, analysts plainly believe The Hartford Financial Services Group is more favorable than SiriusPoint.
Institutional & Insider Ownership
42.3% of SiriusPoint shares are owned by institutional investors. Comparatively, 90.9% of The Hartford Financial Services Group shares are owned by institutional investors. 8.9% of SiriusPoint shares are owned by insiders. Comparatively, 1.6% of The Hartford Financial Services Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
This table compares SiriusPoint and The Hartford Financial Services Group’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|The Hartford Financial Services Group||8.21%||10.43%||2.50%|
SiriusPoint Company Profile
SiriusPoint Ltd. provides specialty property and casualty reinsurance products to insurance and reinsurance companies worldwide. It underwrites homeowners' and commercial, workers' compensation, personal and and commercial automobile, mortgage, and multi-line reinsurance products; professional, transactional, and general liability reinsurance products; and cyber, marine, travel, and extended warranty reinsurance products. 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.
The Hartford Financial Services Group Company Profile
The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, continental Europe, and internationally. Its Commercial Lines segment offers workers' compensation, property, automobile, liability, umbrella, bond, marine, livestock, and reinsurance; and customized insurance products and risk management services, including professional liability, bond, surety, and specialty casualty coverages through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers investment products for retail and retirement accounts; exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers; and investment management and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
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