F&G Annuities & Life (NYSE:FG) vs. SiriusPoint (NYSE:SPNT) Head to Head Analysis
by Kim Johansen · The Markets DailySiriusPoint (NYSE:SPNT – Get Free Report) and F&G Annuities & Life (NYSE:FG – Get Free Report) are both mid-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, valuation, earnings, analyst recommendations, dividends, institutional ownership and risk.
Institutional & Insider Ownership
52.8% of SiriusPoint shares are owned by institutional investors. Comparatively, 95.9% of F&G Annuities & Life shares are owned by institutional investors. 12.2% of SiriusPoint shares are owned by insiders. Comparatively, 2.5% of F&G Annuities & Life shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Volatility & Risk
SiriusPoint has a beta of 0.59, indicating that its share price is 41% less volatile than the S&P 500. Comparatively, F&G Annuities & Life has a beta of 1.19, indicating that its share price is 19% more volatile than the S&P 500.
Analyst Ratings
This is a summary of recent ratings for SiriusPoint and F&G Annuities & Life, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| SiriusPoint | 0 | 3 | 3 | 0 | 2.50 |
| F&G Annuities & Life | 1 | 3 | 0 | 0 | 1.75 |
SiriusPoint presently has a consensus price target of $30.50, suggesting a potential upside of 25.02%. F&G Annuities & Life has a consensus price target of $30.00, suggesting a potential upside of 36.97%. Given F&G Annuities & Life’s higher possible upside, analysts clearly believe F&G Annuities & Life is more favorable than SiriusPoint.
Valuation & Earnings
This table compares SiriusPoint and F&G Annuities & Life”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| SiriusPoint | $3.21 billion | 0.88 | $459.60 million | $4.10 | 5.95 |
| F&G Annuities & Life | $5.73 billion | 0.50 | $265.00 million | $2.93 | 7.48 |
SiriusPoint has higher earnings, but lower revenue than F&G Annuities & Life. SiriusPoint is trading at a lower price-to-earnings ratio than F&G Annuities & Life, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares SiriusPoint and F&G Annuities & Life’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| SiriusPoint | 15.56% | 15.65% | 2.76% |
| F&G Annuities & Life | 6.89% | 10.28% | 0.50% |
Summary
SiriusPoint beats F&G Annuities & Life on 9 of the 14 factors compared between the two stocks.
About SiriusPoint
SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides aviation and space, accident and health, casualty, credit, marine and energy, property to insurance and reinsurance companies, government entities, and other risk bearing vehicles. This segment offers medical insurance products, trip cancellation programs, medical management services, and 24/7 emergency medical and travel assistance services. The Insurance & Services segment provides accident and health, marine and energy, property and casualty, mortgage, environmental, workers' compensation, commercial auto lines, professional liability, and other lines of business. 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.
About F&G Annuities & Life
F&G Annuities & Life, Inc. engages in the provision of fixed annuity and life insurance products. It specializes in life insurance, annuities, retirement planning and wealth transfer. The company was founded in 1959 and is headquartered in Des Moines, IA.