Hamilton Insurance Group (NYSE:HG – Get Free Report) and RenaissanceRe (NYSE:RNR – Get Free Report) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends and earnings.
Volatility & Risk
Hamilton Insurance Group has a beta of 0.33, indicating that its share price is 67% less volatile than the S&P 500. Comparatively, RenaissanceRe has a beta of 0.11, indicating that its share price is 89% less volatile than the S&P 500.
Insider and Institutional Ownership
29.2% of Hamilton Insurance Group shares are owned by institutional investors. Comparatively, 100.0% of RenaissanceRe shares are owned by institutional investors. 3.0% of Hamilton Insurance Group shares are owned by insiders. Comparatively, 2.3% of RenaissanceRe shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Valuation and Earnings
This table compares Hamilton Insurance Group and RenaissanceRe”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Hamilton Insurance Group | $3.22 billion | 1.13 | $576.67 million | $5.23 | 7.06 |
| RenaissanceRe | $12.85 billion | 1.11 | $2.68 billion | $34.78 | 10.17 |
RenaissanceRe has higher revenue and earnings than Hamilton Insurance Group. Hamilton Insurance Group is trading at a lower price-to-earnings ratio than RenaissanceRe, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Hamilton Insurance Group and RenaissanceRe’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Hamilton Insurance Group | 16.83% | 24.05% | 6.80% |
| RenaissanceRe | 16.25% | 21.13% | 4.21% |
Analyst Ratings
This is a summary of recent recommendations for Hamilton Insurance Group and RenaissanceRe, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Hamilton Insurance Group | 0 | 3 | 4 | 2 | 2.89 |
| RenaissanceRe | 1 | 12 | 5 | 0 | 2.22 |
Hamilton Insurance Group currently has a consensus target price of $36.62, suggesting a potential downside of 0.87%. RenaissanceRe has a consensus target price of $343.69, suggesting a potential downside of 2.80%. Given Hamilton Insurance Group’s stronger consensus rating and higher probable upside, research analysts plainly believe Hamilton Insurance Group is more favorable than RenaissanceRe.
Summary
Hamilton Insurance Group beats RenaissanceRe on 9 of the 15 factors compared between the two stocks.
About Hamilton Insurance Group
Hamilton Insurance Group, Ltd., through its subsidiaries, provides underwriting specialty insurance and reinsurance risks in Bermuda and internationally. The company operates Hamilton Global Specialty, Hamilton Select, and Hamilton Re underwriting platforms. The company offers casualty reinsurance products, such as commercial motor, general liability, healthcare, multiline, personal motor, professional liability, umbrella and excess casualty, and worker's compensation and employer's liability reinsurance; property reinsurance and insurance; and specialty reinsurance solutions, including accident and health, aviation and space, crisis management, mortgage, financial lines, marine and energy, and multiline specialty. In addition, it offers accident and health, cyber, energy, environmental, financial lines, fine art and specie, kidnap and ransom, mergers and acquisitions, marine and energy liability, political risk and violence, professional liability, property binders, property direct and facultative, professional lines, space, upstream energy, excess casualty, war and terrorism, allied medical, management liability, medical professionals, general liability, products liability and contractors, and small business casualty insurance plans, as well as surety and treaty reinsurance products. The company was incorporated in 2013 and is headquartered in Pembroke, Bermuda.
About RenaissanceRe
RenaissanceRe Holdings Ltd., together with its subsidiaries, provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer’s liability, casualty clash, umbrella or excess casualty, workers’ compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. It distributes products and services primarily through intermediaries. The company invests in and manages funds. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.
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