Comparing Allstate (NYSE:ALL) & Greenlight Capital Re (NYSE:GLRE)
Allstate (NYSE:ALL) and Greenlight Capital Re (NASDAQ:GLRE) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, risk, valuation, analyst recommendations, institutional ownership and dividends.
Allstate pays an annual dividend of $2.00 per share and has a dividend yield of 2.0%. Greenlight Capital Re does not pay a dividend. Allstate pays out 24.8% of its earnings in the form of a dividend. Allstate has raised its dividend for 8 consecutive years.
This is a summary of current recommendations for Allstate and Greenlight Capital Re, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Greenlight Capital Re||0||0||0||0||N/A|
Allstate presently has a consensus price target of $102.64, suggesting a potential upside of 2.01%. Given Allstate’s higher possible upside, analysts clearly believe Allstate is more favorable than Greenlight Capital Re.
Institutional and Insider Ownership
77.5% of Allstate shares are owned by institutional investors. Comparatively, 48.5% of Greenlight Capital Re shares are owned by institutional investors. 1.6% of Allstate shares are owned by insiders. Comparatively, 21.4% of Greenlight Capital Re shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Volatility and Risk
Allstate has a beta of 0.81, meaning that its stock price is 19% less volatile than the S&P 500. Comparatively, Greenlight Capital Re has a beta of 1.19, meaning that its stock price is 19% more volatile than the S&P 500.
This table compares Allstate and Greenlight Capital Re’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Greenlight Capital Re||-58.95%||-36.91%||-10.89%|
Valuation & Earnings
This table compares Allstate and Greenlight Capital Re’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Allstate||$39.82 billion||0.84||$2.25 billion||$8.07||12.47|
|Greenlight Capital Re||$183.03 million||1.75||-$350.05 million||N/A||N/A|
Allstate has higher revenue and earnings than Greenlight Capital Re.
Allstate beats Greenlight Capital Re on 10 of the 14 factors compared between the two stocks.
The Allstate Corporation, through its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection, Service Businesses, Allstate Life, and Allstate Benefits segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal lines products, such as renter, condominium, landlord, boat, umbrella, and manufactured home insurance; and commercial lines products under the Allstate, Esurance, and Encompass brand names. The Service Businesses segment provides consumer electronics and appliance protection plans covering TVs, smartphones, and computers; device and mobile data collection services, analytics and customer risk assessment solutions, and telematics services; roadside assistance services, such as towing, jump-start, lockout, fuel delivery, and tire change services; and vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel protection, and paintless dent repair protection services under the SquareTrade, Arity, Allstate Roadside Services, and Allstate Dealer Services brands. The Allstate Life Segment offers term, whole, interest-sensitive, and variable life insurance products, as well as non-proprietary retirement product solutions offered by third-party providers. Its Allstate Benefits segment provides life, accident, critical illness, short-term disability, and other health insurance products. The company sells its products through agencies, as well as directly through contact centers and Internet; and financial specialists, brokers, relationships with wholesale partners, and affinity groups. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.
About Greenlight Capital Re
Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurer worldwide. The company offers various property reinsurance products and services, including automobile physical damage; personal lines, such as homeowners' insurance; 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, mortgage insurance, surety, trade credit, marine, aviation, energy, cyber, and terrorism products. The company markets its products through reinsurance brokers. Greenlight Capital Re, Ltd. was founded in 2004 and is headquartered in Grand Cayman, the Cayman Islands.
Receive News & Ratings for Allstate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allstate and related companies with MarketBeat.com's FREE daily email newsletter.