PLMR vs. SPNT, FIHL, HG, HMN, SKWD, MAX, LMND, SAFT, MCY, and HCI
Should you be buying Palomar stock or one of its competitors? The main competitors of Palomar include SiriusPoint (SPNT), Fidelis Insurance (FIHL), Hamilton Insurance Group (HG), Horace Mann Educators (HMN), Skyward Specialty Insurance Group (SKWD), MediaAlpha (MAX), Lemonade (LMND), Safety Insurance Group (SAFT), Mercury General (MCY), and HCI Group (HCI).
Palomar (NASDAQ:PLMR) and SiriusPoint (NYSE:SPNT) are both mid-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, earnings, community ranking, media sentiment, valuation, dividends, profitability, risk and analyst recommendations.
Palomar received 73 more outperform votes than SiriusPoint when rated by MarketBeat users. Likewise, 58.27% of users gave Palomar an outperform vote while only 20.00% of users gave SiriusPoint an outperform vote.
90.3% of Palomar shares are held by institutional investors. Comparatively, 52.8% of SiriusPoint shares are held by institutional investors. 4.3% of Palomar 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 company will outperform the market over the long term.
Palomar presently has a consensus target price of $89.17, suggesting a potential upside of 2.37%. Given Palomar's higher probable upside, equities research analysts plainly believe Palomar is more favorable than SiriusPoint.
SiriusPoint has higher revenue and earnings than Palomar. SiriusPoint is trading at a lower price-to-earnings ratio than Palomar, indicating that it is currently the more affordable of the two stocks.
Palomar has a net margin of 21.78% compared to SiriusPoint's net margin of 11.57%. Palomar's return on equity of 19.94% beat SiriusPoint's return on equity.
Palomar has a beta of 0.24, indicating that its stock price is 76% less volatile than the S&P 500. Comparatively, SiriusPoint has a beta of 0.95, indicating that its stock price is 5% less volatile than the S&P 500.
In the previous week, Palomar had 5 more articles in the media than SiriusPoint. MarketBeat recorded 6 mentions for Palomar and 1 mentions for SiriusPoint. Palomar's average media sentiment score of 0.69 beat SiriusPoint's score of 0.00 indicating that Palomar is being referred to more favorably in the media.
Summary
Palomar beats SiriusPoint on 13 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PLMR 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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