FG Nexus (NASDAQ:FGNX – Get Free Report) is one of 347 public companies in the “Financial Services” industry, but how does it weigh in compared to its peers? We will compare FG Nexus to related businesses based on the strength of its earnings, valuation, dividends, institutional ownership, analyst recommendations, risk and profitability.
Profitability
This table compares FG Nexus and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| FG Nexus | -4,888.86% | -95.68% | -75.45% |
| FG Nexus Competitors | -405.47% | -23.13% | -6.41% |
Volatility and 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’ peers have a beta of 2.25, meaning that their average share price is 125% more volatile than the S&P 500.
Insider & Institutional Ownership
Analyst Ratings
This is a summary of current recommendations for FG Nexus and its peers, 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 | 1904 | 6789 | 11475 | 414 | 2.51 |
FG Nexus presently has a consensus price target of $35.00, suggesting a potential upside of 344.73%. As a group, “Financial Services” companies have a potential upside of 4.45%. Given FG Nexus’ higher probable upside, equities research analysts clearly believe FG Nexus is more favorable than its peers.
Earnings & Valuation
This table compares FG Nexus and its peers top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| FG Nexus | $2.41 million | -$66.74 million | -1.13 |
| FG Nexus Competitors | $23.55 billion | $1.05 billion | 11.72 |
FG Nexus’ peers have higher revenue and earnings than FG Nexus. FG Nexus is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
FG Nexus peers beat FG Nexus on 11 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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