FG Nexus (NASDAQ:FGNX – Get Free Report) is one of 342 publicly-traded companies in the “Financial Services” industry, but how does it weigh in compared to its rivals? We will compare FG Nexus to related businesses based on the strength of its dividends, valuation, institutional ownership, analyst recommendations, earnings, risk and profitability.
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 | -4,888.86% | -95.68% | -75.45% |
| FG Nexus Competitors | -409.62% | -15.98% | -6.09% |
Analyst Recommendations
This is a summary of current ratings and target prices for FG Nexus and its rivals, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| FG Nexus | 1 | 0 | 2 | 0 | 2.33 |
| FG Nexus Competitors | 1968 | 6868 | 11619 | 443 | 2.50 |
FG Nexus presently has a consensus price target of $35.00, indicating a potential upside of 348.72%. As a group, “Financial Services” companies have a potential downside of 1.58%. Given FG Nexus’ higher possible upside, research analysts clearly believe FG Nexus is more favorable than its rivals.
Volatility & Risk
FG Nexus has a beta of 1.09, meaning that its stock price is 9% more volatile than the S&P 500. Comparatively, FG Nexus’ rivals have a beta of 2.49, meaning that their average stock price is 149% more volatile than the S&P 500.
Institutional and Insider Ownership
3.1% of FG Nexus shares are owned by institutional investors. Comparatively, 43.0% of shares of all “Financial Services” companies are owned by institutional investors. 4.1% of FG Nexus shares are owned by company insiders. Comparatively, 21.9% of shares of all “Financial Services” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Earnings and Valuation
This table compares FG Nexus and its rivals revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| FG Nexus | $2.44 million | -$66.74 million | -1.12 |
| FG Nexus Competitors | $9.19 billion | $1.07 billion | 8.03 |
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.
Summary
FG Nexus rivals beat FG Nexus on 11 of the 13 factors compared.
FG Nexus Company Profile
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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