Fidelis Insurance (FIHL) & Its Rivals Critical Comparison

Fidelis Insurance (NYSE:FIHL) is one of 92 publicly-traded companies in the “Fire, marine, & casualty insurance” industry, but how does it contrast to its competitors? We will compare Fidelis Insurance to similar companies based on the strength of its dividends, institutional ownership, analyst recommendations, profitability, earnings, valuation and risk.

Profitability

This table compares Fidelis Insurance and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fidelis Insurance	59.30%	20.23%	4.22%
Fidelis Insurance Competitors	2.94%	-13.05%	0.63%

Dividends

Fidelis Insurance pays an annual dividend of $0.40 per share and has a dividend yield of 2.1%. Fidelis Insurance pays out 2.1% of its earnings in the form of a dividend. As a group, “Fire, marine, & casualty insurance” companies pay a dividend yield of 1.1% and pay out 13.1% of their earnings in the form of a dividend. Fidelis Insurance is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.

Institutional and Insider Ownership

82.0% of Fidelis Insurance shares are held by institutional investors. Comparatively, 58.1% of shares of all “Fire, marine, & casualty insurance” companies are held by institutional investors. 14.3% of shares of all “Fire, marine, & casualty insurance” companies are held 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.

Analyst Recommendations

This is a summary of current ratings and recommmendations for Fidelis Insurance and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fidelis Insurance	0	4	4	0	2.50
Fidelis Insurance Competitors	655	3230	2995	195	2.39

Fidelis Insurance currently has a consensus price target of $18.00, indicating a potential downside of 5.66%. As a group, “Fire, marine, & casualty insurance” companies have a potential downside of 1.33%. Given Fidelis Insurance’s competitors higher probable upside, analysts plainly believe Fidelis Insurance has less favorable growth aspects than its competitors.

Earnings & Valuation

This table compares Fidelis Insurance and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Fidelis Insurance	$3.60 billion	$2.13 billion	1.00
Fidelis Insurance Competitors	$16.67 billion	$3.09 billion	76.36

Fidelis Insurance’s competitors have higher revenue and earnings than Fidelis Insurance. Fidelis Insurance is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Fidelis Insurance beats its competitors on 8 of the 14 factors compared.

Fidelis Insurance Company Profile

Fidelis Insurance Holdings Limited, together with its subsidiaries, provides insurance and reinsurance products in Bermuda, Ireland, and the United Kingdom. It operates in three segments: Specialty, Reinsurance, and Bespoke segments. The Specialty segment offers aviation and aerospace, energy, marine, property direct and facultative, and other specialty risk solutions. The Reinsurance segment provides property, retrocession, and whole account reinsurance solutions. The Bespoke segment offers customized risk solutions for clients that include credit and political risk, and other risk transfer opportunities. The company is also involved in specialty treaty reinsurance, and surety bonds and guarantees activities; and upstream energy, energy liability, and marine businesses; and provision of product recall and contamination, and marketing services. Fidelis Insurance Holdings Limited was incorporated in 2014 and is headquartered in Pembroke, Bermuda.