According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best reinsurance insurance stocks to buy right now are:
1. Greenlight Capital Re (NASDAQ:GLRE)
The Component Grade breakdown for Greenlight Capital Re (NASDAQ:GLRE) is: Value: B, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: B.
Greenlight Capital Re (NASDAQ:GLRE) has a Due Diligence Score of 36, which is 2 points higher than the reinsurance insurance industry average of 34.
GLRE passed 11 out of 33 due diligence checks and has average fundamentals. Greenlight Capital Re has seen its stock return 23.35% over the past year, overperforming other reinsurance insurance stocks by 19 percentage points.
2. Siriuspoint (NYSE:SPNT)
Siriuspoint (NYSE:SPNT) is the #2 top reinsurance insurance stock out of 8 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Siriuspoint (NYSE:SPNT) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: A.
Siriuspoint (NYSE:SPNT) has a Due Diligence Score of 27, which is -7 points lower than the reinsurance insurance industry average of 34. Although this number is below the industry average, our proven quant model rates SPNT as a "B".
SPNT passed 9 out of 33 due diligence checks and has average fundamentals. Siriuspoint has seen its stock return 34.48% over the past year, overperforming other reinsurance insurance stocks by 30 percentage points.
3. Reinsurance Group Of America (NYSE:RGA)
The Component Grade breakdown for Reinsurance Group Of America (NYSE:RGA) is: Value: B, Growth: A, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: A.
Reinsurance Group Of America (NYSE:RGA) has a Due Diligence Score of 42, which is 8 points higher than the reinsurance insurance industry average of 34.
RGA passed 14 out of 38 due diligence checks and has strong fundamentals. Reinsurance Group Of America has seen its stock return 4.8% over the past year, overperforming other reinsurance insurance stocks by 1 percentage points.
Reinsurance Group Of America has an average 1 year
price target of $239.67, an upside of 18.44% from Reinsurance Group Of America's current stock price of $202.35.
Reinsurance Group Of America stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Reinsurance Group Of America, 66.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.