Greenlight Capital Re (NASDAQ:GLRE – Get Free Report) and Hagerty (NYSE:HGTY – Get Free Report) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, valuation, risk, institutional ownership, dividends, profitability and earnings.
Insider & Institutional 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 insiders. Comparatively, 3.7% of Hagerty shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Analyst Ratings
This is a breakdown of current ratings and price targets for Greenlight Capital Re and Hagerty, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Greenlight Capital Re | 0 | 2 | 0 | 0 | 2.00 |
| Hagerty | 0 | 5 | 2 | 1 | 2.50 |
Earnings and Valuation
This table compares Greenlight Capital Re and Hagerty”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Greenlight Capital Re | $645.01 million | 0.76 | $74.83 million | $1.47 | 10.24 |
| Hagerty | $1.46 billion | 3.26 | $49.02 million | $0.09 | 153.67 |
Greenlight Capital Re has higher earnings, but lower revenue than Hagerty. Greenlight Capital Re is trading at a lower price-to-earnings ratio than Hagerty, indicating that it is currently the more affordable of the two stocks.
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% |
Risk & Volatility
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.
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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