Head to Head Contrast: Corebridge Financial (NYSE:CRBG) and Everest Group (NYSE:EG)

Corebridge Financial (NYSE:CRBG) and Everest Group (NYSE:EG) are both large-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, earnings, profitability, analyst recommendations, risk, institutional ownership and dividends.

Dividends

Corebridge Financial pays an annual dividend of $0.96 per share and has a dividend yield of 3.0%. Everest Group pays an annual dividend of $8.00 per share and has a dividend yield of 2.2%. Corebridge Financial pays out -157.4% of its earnings in the form of a dividend. Everest Group pays out 42.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Corebridge Financial has raised its dividend for 1 consecutive years and Everest Group has raised its dividend for 1 consecutive years. Corebridge Financial is clearly the better dividend stock, given its higher yield and lower payout ratio.

Volatility & Risk

Corebridge Financial has a beta of 1.02, meaning that its stock price is 2% more volatile than the S&P 500. Comparatively, Everest Group has a beta of 0.48, meaning that its stock price is 52% less volatile than the S&P 500.

Insider & Institutional Ownership

98.3% of Corebridge Financial shares are owned by institutional investors. Comparatively, 92.6% of Everest Group shares are owned by institutional investors. 0.3% of Corebridge Financial shares are owned by company insiders. Comparatively, 1.1% of Everest Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Corebridge Financial and Everest Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Corebridge Financial	-1.80%	22.06%	0.74%
Everest Group	4.56%	5.89%	1.49%

Earnings & Valuation

This table compares Corebridge Financial and Everest Group”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Corebridge Financial	$19.58 billion	0.89	$2.23 billion	($0.61)	-52.80
Everest Group	$17.28 billion	0.88	$1.37 billion	$18.84	19.19

Corebridge Financial has higher revenue and earnings than Everest Group. Corebridge Financial is trading at a lower price-to-earnings ratio than Everest Group, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of current ratings for Corebridge Financial and Everest Group, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corebridge Financial	0	4	8	0	2.67
Everest Group	1	8	6	0	2.33

Corebridge Financial currently has a consensus price target of $40.80, suggesting a potential upside of 26.67%. Everest Group has a consensus price target of $386.67, suggesting a potential upside of 6.95%. Given Corebridge Financial’s stronger consensus rating and higher probable upside, equities analysts plainly believe Corebridge Financial is more favorable than Everest Group.

Summary

Corebridge Financial beats Everest Group on 11 of the 16 factors compared between the two stocks.

About Corebridge Financial

Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. The company operates as a subsidiary of American International Group, Inc.

About Everest Group

Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents in the United States, Bermuda, Canada, Europe, South America, Singapore, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and accident and health, specialty underwriters, eversports and entertainment, and surety and credit, marine and aviation, as well as structured and property hybrid solutions. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda.