CNO Financial Group (NYSE:CNO) and Hamilton Insurance Group (NYSE:HG) Financial Analysis

CNO Financial Group (NYSE:CNO) and Hamilton Insurance Group (NYSE:HG) are both mid-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, profitability, risk, earnings and dividends.

Volatility & Risk

CNO Financial Group has a beta of 0.82, meaning that its stock price is 18% less volatile than the S&P 500. Comparatively, Hamilton Insurance Group has a beta of 0.58, meaning that its stock price is 42% less volatile than the S&P 500.

Profitability

This table compares CNO Financial Group and Hamilton Insurance Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CNO Financial Group	5.44%	17.65%	1.18%
Hamilton Insurance Group	21.73%	23.19%	6.74%

Insider & Institutional Ownership

95.4% of CNO Financial Group shares are held by institutional investors. Comparatively, 29.2% of Hamilton Insurance Group shares are held by institutional investors. 3.4% of CNO Financial Group shares are held by company insiders. Comparatively, 3.0% of Hamilton Insurance Group shares are held by company 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 summary of current ratings and price targets for CNO Financial Group and Hamilton Insurance Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CNO Financial Group	1	1	3	0	2.40
Hamilton Insurance Group	0	2	6	1	2.89

CNO Financial Group currently has a consensus target price of $47.50, suggesting a potential upside of 0.34%. Hamilton Insurance Group has a consensus target price of $34.00, suggesting a potential upside of 7.76%. Given Hamilton Insurance Group’s stronger consensus rating and higher possible upside, analysts plainly believe Hamilton Insurance Group is more favorable than CNO Financial Group.

Earnings and Valuation

This table compares CNO Financial Group and Hamilton Insurance Group”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CNO Financial Group	$4.49 billion	0.98	$229.30 million	$2.49	19.01
Hamilton Insurance Group	$2.91 billion	1.08	$576.67 million	$6.11	5.16

Hamilton Insurance Group has lower revenue, but higher earnings than CNO Financial Group. Hamilton Insurance Group is trading at a lower price-to-earnings ratio than CNO Financial Group, indicating that it is currently the more affordable of the two stocks.

Summary

Hamilton Insurance Group beats CNO Financial Group on 10 of the 15 factors compared between the two stocks.

About CNO Financial Group

CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, insurance products, and financial services for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face. The company also focuses on sale of voluntary benefit life and health insurance products for businesses, associations, and other membership groups by interacting with customers at their place of employment. In addition, it provides fixed indexed annuities; fixed interest annuities, including fixed rate single and flexible premium deferred annuities; single premium immediate annuities; supplemental health products, such as specified disease, accident, and hospital indemnity products; and long-term care plans primarily to retirees and older self-employed individuals in the middle-income market. Further, the company offers universal life and other interest-sensitive life products; and traditional life policies that include whole life, graded benefit life, term life, and single premium whole life products, as well as graded benefit life insurance products. It markets its products under the Bankers Life, Washington National, and Colonial Penn brand names. The company was founded in 1979 and is headquartered in Carmel, Indiana.

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.