FG Nexus (NASDAQ:FGNX – Get Free Report) is one of 350 public companies in the “Financial Services” industry, but how does it contrast to its rivals? We will compare FG Nexus to related businesses based on the strength of its valuation, analyst recommendations, earnings, profitability, dividends, risk and institutional ownership.
Volatility & Risk
FG Nexus has a beta of 1.03, meaning that its share price is 3% more volatile than the S&P 500. Comparatively, FG Nexus’ rivals have a beta of 2.26, meaning that their average share price is 126% more volatile than the S&P 500.
Analyst Ratings
This is a summary of current ratings and recommmendations for FG Nexus and its rivals, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| FG Nexus | 1 | 1 | 3 | 0 | 2.40 |
| FG Nexus Competitors | 1872 | 6708 | 11310 | 405 | 2.50 |
Valuation & Earnings
This table compares FG Nexus and its rivals revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| FG Nexus | $2.41 million | -$66.74 million | 0.53 |
| FG Nexus Competitors | $20.91 billion | $1.04 billion | 8.96 |
FG Nexus’ rivals have higher revenue and earnings than FG Nexus. FG Nexus is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares FG Nexus and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| FG Nexus | N/A | -82.99% | -62.64% |
| FG Nexus Competitors | -425.24% | -21.00% | -6.80% |
Insider and Institutional Ownership
3.1% of FG Nexus shares are owned by institutional investors. Comparatively, 42.4% of shares of all “Financial Services” companies are owned by institutional investors. 4.1% of FG Nexus shares are owned by company insiders. Comparatively, 21.8% of shares of all “Financial Services” companies are owned 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.
Summary
FG Nexus rivals beat FG Nexus on 10 of the 13 factors compared.
About FG Nexus
FG Financial Group, Inc. operates as a reinsurance and investment management holding company in the United States. The company offers specialty property and casualty reinsurance products and services. It also operates a special purpose acquisition company platform (SPAC) that provides various strategic, administrative, and regulatory support services to newly formed SPACs for a monthly fee. The company was formerly known as 1347 Property Insurance Holdings, Inc. and changed its name to FG Financial Group, Inc. in December 2020. The company was incorporated in 2012 and is based in St. Petersburg, Florida.
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