Health

SiriusPoint (NYSE:SPNT) vs. MetLife (NYSE:MET) Critical Analysis

SiriusPoint (NYSE:SPNT) vs. MetLife (NYSE:MET) Critical Analysis

SiriusPoint (NYSE:SPNT – Get Free Report) and MetLife (NYSE:MET – Get Free Report) are both finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, profitability, risk, earnings, analyst recommendations and valuation.
Analyst Recommendations
This is a breakdown of current recommendations and price targets for SiriusPoint and MetLife, as reported by MarketBeat.com.
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SiriusPoint presently has a consensus price target of $25.00, suggesting a potential upside of 39.95%. MetLife has a consensus price target of $94.64, suggesting a potential upside of 15.40%. Given SiriusPoint’s stronger consensus rating and higher possible upside, analysts plainly believe SiriusPoint is more favorable than MetLife.
Earnings and Valuation
This table compares SiriusPoint and MetLife”s top-line revenue, earnings per share and valuation.
MetLife has higher revenue and earnings than SiriusPoint. MetLife is trading at a lower price-to-earnings ratio than SiriusPoint, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
SiriusPoint has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500. Comparatively, MetLife has a beta of 0.87, suggesting that its share price is 13% less volatile than the S&P 500.
Insider & Institutional Ownership
52.8% of SiriusPoint shares are held by institutional investors. Comparatively, 95.0% of MetLife shares are held by institutional investors. 10.3% of SiriusPoint shares are held by insiders. Comparatively, 0.4% of MetLife shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Profitability
This table compares SiriusPoint and MetLife’s net margins, return on equity and return on assets.
Summary
MetLife beats SiriusPoint on 8 of the 15 factors compared between the two stocks.
About SiriusPoint
(Get Free Report)
SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides aviation and space, accident and health, casualty, credit, marine and energy, property to insurance and reinsurance companies, government entities, and other risk bearing vehicles. This segment offers medical insurance products, trip cancellation programs, medical management services, and 24/7 emergency medical and travel assistance services. The Insurance & Services segment provides accident and health, marine and energy, property and casualty, mortgage, environmental, workers’ compensation, commercial auto lines, professional liability, and other lines of business. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.
About MetLife
(Get Free Report)
MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide. It operates through six segments: Retirement and Income Solutions; Group Benefits; Asia; Latin America; Europe, the Middle East and Africa; and MetLife Holdings. The company offers life, dental, group short-and long-term disability, individual disability, pet insurance, accidental death and dismemberment, vision, and accident and health coverages, as well as prepaid legal plans; administrative services-only arrangements to employers; and general and separate account, and synthetic guaranteed interest contracts, as well as private floating rate funding agreements. It also provides pension risk transfers, institutional income annuities, structured settlements, and capital markets investment products; and other products and services, such as life insurance products and funding agreements for funding postretirement benefits, as well as company, bank, or trust-owned life insurance used to finance nonqualified benefit programs for executives. In addition, it provides fixed, indexed-linked, and variable annuities; pension products; regular savings products; whole and term life, endowments, universal and variable life, and group life products; longevity reinsurance solutions; credit insurance products; and protection against long-term health care services. MetLife, Inc. was incorporated in 1999 and is based in New York, New York.