Greenlight Capital Re (NASDAQ:GLRE) and SiriusPoint (NYSE:SPNT) Head to Head Review

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

Profitability

This table compares Greenlight Capital Re and SiriusPoint’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Greenlight Capital Re	8.56%	8.26%	2.62%
SiriusPoint	14.93%	15.89%	2.87%

Risk & Volatility

Greenlight Capital Re has a beta of 0.28, meaning that its share price is 72% less volatile than the S&P 500. Comparatively, SiriusPoint has a beta of 0.6, meaning that its share price is 40% less volatile than the S&P 500.

Insider and Institutional Ownership

41.5% of Greenlight Capital Re shares are held by institutional investors. Comparatively, 52.8% of SiriusPoint shares are held by institutional investors. 24.7% of Greenlight Capital Re shares are held by company insiders. Comparatively, 12.2% of SiriusPoint shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares Greenlight Capital Re and SiriusPoint”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Greenlight Capital Re	$729.78 million	0.72	$74.83 million	$1.70	9.65
SiriusPoint	$3.35 billion	0.93	$459.60 million	$4.11	6.58

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

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Greenlight Capital Re and SiriusPoint, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Greenlight Capital Re	0	1	1	0	2.50
SiriusPoint	0	3	3	1	2.71

SiriusPoint has a consensus target price of $30.67, suggesting a potential upside of 13.45%. Given SiriusPoint’s stronger consensus rating and higher probable upside, analysts plainly believe SiriusPoint is more favorable than Greenlight Capital Re.

Summary

SiriusPoint beats Greenlight Capital Re on 13 of the 15 factors compared between the two stocks.

About Greenlight Capital Re

Greenlight Capital Re, Ltd. is a specialty property and casualty reinsurer based in the Cayman Islands. Through its reinsurance subsidiaries, the company works with insurers and other businesses to provide coverage for risks they seek to transfer or share. Its business includes property and casualty reinsurance across a range of lines, with underwriting tailored to clients’ risk profiles. Greenlight Re serves customers in multiple markets, including through operations in the Cayman Islands and Ireland.

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.