Corebridge Financial (NYSE:CRBG – Get Free Report) and Old Republic International (NYSE:ORI – Get Free Report) are both finance companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, valuation, dividends, institutional ownership and earnings.
Profitability
This table compares Corebridge Financial and Old Republic International’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Corebridge Financial | -1.80% | 22.06% | 0.74% |
| Old Republic International | 10.31% | 20.95% | 4.45% |
Analyst Recommendations
This is a breakdown of recent ratings and price targets for Corebridge Financial and Old Republic International, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Corebridge Financial | 0 | 3 | 8 | 0 | 2.73 |
| Old Republic International | 0 | 0 | 2 | 0 | 3.00 |
Insider and Institutional Ownership
98.3% of Corebridge Financial shares are held by institutional investors. Comparatively, 70.9% of Old Republic International shares are held by institutional investors. 0.3% of Corebridge Financial shares are held by company insiders. Comparatively, 1.1% of Old Republic International shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Valuation and Earnings
This table compares Corebridge Financial and Old Republic International”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Corebridge Financial | $19.58 billion | 0.94 | $2.23 billion | ($0.61) | -56.11 |
| Old Republic International | $8.23 billion | 1.17 | $852.80 million | $2.92 | 13.26 |
Corebridge Financial has higher revenue and earnings than Old Republic International. Corebridge Financial is trading at a lower price-to-earnings ratio than Old Republic International, indicating that it is currently the more affordable of the two stocks.
Dividends
Corebridge Financial pays an annual dividend of $0.96 per share and has a dividend yield of 2.8%. Old Republic International pays an annual dividend of $1.16 per share and has a dividend yield of 3.0%. Corebridge Financial pays out -157.4% of its earnings in the form of a dividend. Old Republic International pays out 39.7% 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. Corebridge Financial has increased its dividend for 1 consecutive years and Old Republic International has increased its dividend for 45 consecutive years. Old Republic International is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Volatility & Risk
Corebridge Financial has a beta of 1.06, meaning that its share price is 6% more volatile than the S&P 500. Comparatively, Old Republic International has a beta of 0.74, meaning that its share price is 26% less volatile than the S&P 500.
Summary
Old Republic International beats Corebridge Financial on 9 of the 17 factors compared between the two stocks.
About Corebridge Financial
Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. The company operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, private placement variable universal life and annuities products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. The company operates as a subsidiary of American International Group, Inc.
About Old Republic International
Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business. The General Insurance segment offers aviation, commercial auto, commercial multi-peril, commercial property, general liability, home and auto warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, directors and officers, and surety. This segment provides its insurance products to businesses, state and local government, and other institutions in transportation, commercial construction, healthcare, education, retail and wholesale trade, forest products, energy, general manufacturing, and financial services industries. The Title Insurance segment offers lenders' and owners' policies to real estate purchasers and investors based upon searches of the public records. This segment also provides escrow closing and construction disbursement services; and real estate information products, national default management services, and various other services pertaining to real estate transfers and loan transactions. The Republic Financial Indemnity Group Run-off Business segment offers private mortgage insurance coverage that protects mortgage lenders and investors from default related losses on residential mortgage loans made primarily to homebuyers. Old Republic International Corporation was founded in 1923 and is based in Chicago, Illinois.
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