Greenlight Capital Re (NASDAQ:GLRE – Get Free Report) and Hagerty (NYSE:HGTY – Get Free Report) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, valuation, analyst recommendations, dividends, risk, institutional ownership and earnings.
Valuation & Earnings
This table compares Greenlight Capital Re and Hagerty”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Greenlight Capital Re | $729.78 million | 0.67 | $74.83 million | $1.47 | 10.21 |
| Hagerty | $1.42 billion | 3.33 | $49.02 million | $0.09 | 152.37 |
Profitability
This table compares Greenlight Capital Re and Hagerty’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Greenlight Capital Re | 7.47% | 7.28% | 2.32% |
| Hagerty | 1.81% | 5.15% | 1.58% |
Institutional and Insider Ownership
41.5% of Greenlight Capital Re shares are held by institutional investors. Comparatively, 20.5% of Hagerty shares are held by institutional investors. 24.7% of Greenlight Capital Re shares are held by company insiders. Comparatively, 3.7% of Hagerty shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Volatility & Risk
Greenlight Capital Re has a beta of 0.32, indicating that its share price is 68% less volatile than the S&P 500. Comparatively, Hagerty has a beta of 0.81, indicating that its share price is 19% less volatile than the S&P 500.
Analyst Ratings
This is a breakdown of current recommendations and price targets for Greenlight Capital Re and Hagerty, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Greenlight Capital Re | 0 | 2 | 0 | 0 | 2.00 |
| Hagerty | 0 | 4 | 2 | 1 | 2.57 |
Hagerty has a consensus target price of $14.00, indicating a potential upside of 2.09%. Given Hagerty’s stronger consensus rating and higher possible upside, analysts plainly believe Hagerty is more favorable than Greenlight Capital Re.
Summary
Hagerty beats Greenlight Capital Re on 8 of the 15 factors compared between the two stocks.
About Greenlight Capital Re
Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile physical damage, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, motor liability, professional liability, and worker's compensation; and accident and health, transactional liability, mortgage insurance, surety, trade credit, marine, and energy, as well as other specialty products, such as aviation, crop, cyber, political, and terrorism products. The company markets its products through reinsurance brokers. Greenlight Capital Re, Ltd. was incorporated in 2004 and is headquartered in Grand Cayman, the Cayman Islands.
About Hagerty
Hagerty, Inc. provides insurance agency services worldwide. It offers motor vehicle and boat insurance products; and reinsurance products. The company provides Hagerty Media, which publishes contents through the Hagerty Drivers Club Magazine (HDC), video content, and social media channels; HDC that offers subscription based products and services, including HDC Magazine, automotive enthusiast events, proprietary vehicle valuation tools, emergency roadside services, and special vehicle-related discounts. In addition, it offers HVT, a valuation tool used by the customer to access current and historic pricing data of collector vehicle models. Further, the company offers Hagerty Garage + Social, a platform that provides clubhouses and car storage facilities. Hagerty, Inc. is headquartered in Traverse City, Michigan.
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