Head to Head Analysis: SiriusPoint (NYSE:SPNT) vs. Fidelis Insurance (NYSE:PLGO)

SiriusPoint (NYSE:SPNT) and Fidelis Insurance (NYSE:PLGO) are both mid-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, analyst recommendations, risk, earnings and profitability.

Earnings and Valuation

This table compares SiriusPoint and Fidelis Insurance”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SiriusPoint	$3.21 billion	0.97	$459.60 million	$4.11	6.55
Fidelis Insurance	$2.18 billion	1.10	$225.50 million	$4.08	6.79

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

Profitability

This table compares SiriusPoint and Fidelis Insurance’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
SiriusPoint	14.93%	15.89%	2.87%
Fidelis Insurance	15.94%	15.26%	2.69%

Institutional & Insider Ownership

52.8% of SiriusPoint shares are owned by institutional investors. Comparatively, 82.0% of Fidelis Insurance shares are owned by institutional investors. 12.2% of SiriusPoint shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Risk & Volatility

SiriusPoint has a beta of 0.6, meaning that its share price is 40% less volatile than the S&P 500. Comparatively, Fidelis Insurance has a beta of 0.24, meaning that its share price is 76% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings for SiriusPoint and Fidelis Insurance, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SiriusPoint	0	3	3	1	2.71
Fidelis Insurance	2	1	4	0	2.29

SiriusPoint presently has a consensus target price of $30.67, suggesting a potential upside of 13.99%. Fidelis Insurance has a consensus target price of $27.00, suggesting a potential downside of 2.58%. Given SiriusPoint’s stronger consensus rating and higher probable upside, research analysts plainly believe SiriusPoint is more favorable than Fidelis Insurance.

Summary

SiriusPoint beats Fidelis Insurance on 10 of the 15 factors compared between the two stocks.

About SiriusPoint

SiriusPoint Ltd. is a Bermuda-based global insurer and reinsurer that provides specialty insurance and reinsurance products to businesses and other organizations. Its offerings span areas such as property and casualty, accident and health, and other specialty risks. The company works with brokers, agents, managing general agents and other distribution partners to underwrite risks across a range of markets. Its business serves clients in the United States and internationally, including in Europe and other regions.

About Fidelis Insurance

Fidelis Insurance Holdings Limited is a specialty insurer and reinsurer focused on providing coverage for complex and less commonly insured risks. Its products span areas such as property, marine, aviation, energy, and other specialty lines, serving businesses and clients in markets around the world. Founded in 2015, the company is headquartered in Bermuda and operates internationally. Fidelis Insurance Holdings is listed on the New York Stock Exchange under the symbol FIHL; PLGO does not appear to be its ticker symbol.