Assurant (NYSE: AIZ) and Patriot National (NYSE:PN) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, risk, valuation, profitability and institutional ownership.
This is a summary of current recommendations for Assurant and Patriot National, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Valuation & Earnings
This table compares Assurant and Patriot National’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Assurant||$6.74 billion||0.80||$864.39 million||$7.60||13.16|
|Patriot National||$233.03 million||0.30||$31.71 million||($0.02)||-113.00|
Assurant has higher revenue and earnings than Patriot National. Patriot National is trading at a lower price-to-earnings ratio than Assurant, indicating that it is currently the more affordable of the two stocks.
This table compares Assurant and Patriot National’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Risk & Volatility
Assurant has a beta of 0.77, meaning that its stock price is 23% less volatile than the S&P 500. Comparatively, Patriot National has a beta of 2.74, meaning that its stock price is 174% more volatile than the S&P 500.
Institutional and Insider Ownership
90.4% of Assurant shares are owned by institutional investors. Comparatively, 15.7% of Patriot National shares are owned by institutional investors. 0.8% of Assurant shares are owned by insiders. Comparatively, 59.9% of Patriot National shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Assurant pays an annual dividend of $2.12 per share and has a dividend yield of 2.1%. Patriot National does not pay a dividend. Assurant pays out 27.9% of its earnings in the form of a dividend. Assurant has raised its dividend for 13 consecutive years.
Assurant beats Patriot National on 10 of the 16 factors compared between the two stocks.
Assurant Company Profile
Assurant, Inc. is a provider of risk management solutions in the housing and lifestyle markets. The Company operates in North America, Latin America, Europe and Asia. The Company’s segments include Global Housing, Global Lifestyle and Global Preneed. Through its Global Housing segment, it provides lender-placed homeowners, manufactured housing and flood insurance; renters insurance and related products (multi-family housing business), and field services, valuation services and other property risk management services (mortgage solutions business). Through its Global Lifestyle segment, it provides mobile device protection products and related services and extended service products and related services for consumer electronics and appliances (global connected living business); vehicle protection services, and credit insurance. The Global Preneed segment provides pre-funded funeral insurance and annuity products. Its Global Preneed Segment operates in the United States and Canada.
Patriot National Company Profile
Patriot National, Inc. is an independent national provider of technology-enabled outsourcing solutions that help insurance carriers, employers and other clients mitigate risk and comply with complex regulations. It offers a range of end-to-end insurance related and specialty services. The Company principally offers approximately two types of services: front-end services, such as brokerage, underwriting and policyholder services, and back-end services, such as claims adjudication and administration. It also offers specialty services, including technology outsourcing and other information technology (IT) services, as well as employment pre-screening and background checks. The Company’s brokerage and policyholder services include general agency services and specialty underwriting and policyholder services provided to its insurance carrier clients. The Company’s claims administration services relate to the administration and resolution of workers’ compensation claims.
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