Financial Comparison: FG Nexus (FGNX) and Its Rivals

FG Nexus (NASDAQ:FGNX) is one of 347 publicly-traded companies in the “Financial Services” industry, but how does it compare to its rivals? We will compare FG Nexus to related businesses based on the strength of its institutional ownership, analyst recommendations, risk, dividends, profitability, valuation and earnings.

Institutional and Insider Ownership

3.1% of FG Nexus shares are owned by institutional investors. Comparatively, 42.6% of shares of all “Financial Services” companies are owned by institutional investors. 4.1% of FG Nexus shares are owned by insiders. Comparatively, 21.5% of shares of all “Financial Services” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Volatility & Risk

FG Nexus has a beta of 1.03, meaning that its share price is 3% more volatile than the S&P 500. Comparatively, FG Nexus’ rivals have a beta of 2.25, meaning that their average share price is 125% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations and price targets for FG Nexus and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
FG Nexus	1	1	3	0	2.40
FG Nexus Competitors	1904	6789	11475	414	2.51

FG Nexus presently has a consensus price target of $35.00, indicating a potential upside of 344.73%. As a group, “Financial Services” companies have a potential upside of 4.45%. Given FG Nexus’ higher possible upside, equities analysts clearly believe FG Nexus is more favorable than its rivals.

Profitability

This table compares FG Nexus and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
FG Nexus	-4,888.86%	-95.68%	-75.45%
FG Nexus Competitors	-405.47%	-23.13%	-6.41%

Valuation & Earnings

This table compares FG Nexus and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
FG Nexus	$2.41 million	-$66.74 million	-1.13
FG Nexus Competitors	$23.55 billion	$1.05 billion	11.72

FG Nexus’ rivals have higher revenue and earnings than FG Nexus. FG Nexus is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

FG Nexus rivals beat FG Nexus on 11 of the 13 factors compared.

About FG Nexus

FG Financial Group, Inc. operates as a reinsurance and investment management holding company in the United States. The company offers specialty property and casualty reinsurance products and services. It also operates a special purpose acquisition company platform (SPAC) that provides various strategic, administrative, and regulatory support services to newly formed SPACs for a monthly fee. The company was formerly known as 1347 Property Insurance Holdings, Inc. and changed its name to FG Financial Group, Inc. in December 2020. The company was incorporated in 2012 and is based in St. Petersburg, Florida.