Contrasting Everest Group (NYSE:EG) & Fidelis Insurance (NYSE:FIHL)

Fidelis Insurance (NYSE:FIHL) and Everest Group (NYSE:EG) are both financial services companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, profitability, earnings, analyst recommendations, risk and institutional ownership.

Insider & Institutional Ownership

82.0% of Fidelis Insurance shares are held by institutional investors. Comparatively, 92.6% of Everest Group shares are held by institutional investors. 1.2% of Everest Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Dividends

Fidelis Insurance pays an annual dividend of $0.40 per share and has a dividend yield of 2.2%. Everest Group pays an annual dividend of $8.00 per share and has a dividend yield of 2.0%. Fidelis Insurance pays out 9.7% of its earnings in the form of a dividend. Everest Group pays out 11.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Fidelis Insurance is clearly the better dividend stock, given its higher yield and lower payout ratio.

Volatility & Risk

Fidelis Insurance has a beta of -0.11, suggesting that its share price is 111% less volatile than the S&P 500. Comparatively, Everest Group has a beta of 0.61, suggesting that its share price is 39% less volatile than the S&P 500.

Profitability

This table compares Fidelis Insurance and Everest Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fidelis Insurance	20.96%	15.67%	3.43%
Everest Group	18.36%	24.09%	6.32%

Earnings and Valuation

This table compares Fidelis Insurance and Everest Group”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Fidelis Insurance	$2.15 billion	1.01	$2.13 billion	$4.12	4.47
Everest Group	$15.78 billion	1.10	$2.52 billion	$67.29	5.92

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

Analyst Ratings

This is a summary of recent ratings and recommmendations for Fidelis Insurance and Everest Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fidelis Insurance	0	4	3	0	2.43
Everest Group	0	5	5	1	2.64

Fidelis Insurance currently has a consensus price target of $20.44, suggesting a potential upside of 11.01%. Everest Group has a consensus price target of $439.27, suggesting a potential upside of 10.19%. Given Fidelis Insurance’s higher probable upside, analysts clearly believe Fidelis Insurance is more favorable than Everest Group.

Summary

Everest Group beats Fidelis Insurance on 13 of the 17 factors compared between the two stocks.

About Fidelis Insurance

Fidelis Insurance Holdings Limited, a specialty insurer, provides insurance and reinsurance solutions in Bermuda, the Republic of 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, as well as other risk transfer opportunities, including political violence and terrorism, limited cyber reinsurance, tax liabilities, title, transactional liabilities, and other bespoke solutions. Fidelis Insurance Holdings Limited was incorporated in 2014 and is headquartered in Pembroke, Bermuda.

About Everest Group

Everest Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally. The company operates through two segment, Insurance and Reinsurance. The Reinsurance segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom. The Insurance Operations segment writes property and casualty insurance directly, as well as through brokers, surplus lines, and general agents in the United States, Bermuda, Canada, Europe, South America, Singapore, France, Germany, Spain, Canada, Chile, the United Kingdom, Ireland, and the Netherlands. The company also provides treaty and facultative reinsurance products; admitted and non-admitted insurance products; and accident and health, specialty underwriters, eversports and entertainment, and surety and credit, marine and aviation, as well as structured and property hybrid solutions. In addition, it offers commercial property and casualty insurance products through wholesale and retail brokers, surplus lines brokers, and program administrators. The company was formerly known as Everest Re Group, Ltd. and changed its name to Everest Group, Ltd. in July 2023.Everest Group, Ltd., was founded in 1973 and is headquartered in Hamilton, Bermuda.