Assured Guaranty (NYSE:AGO) vs. Corebridge Financial (NYSE:CRBG) Head-To-Head Comparison

Assured Guaranty (NYSE:AGO) and Corebridge Financial (NYSE:CRBG) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, dividends, institutional ownership, valuation, analyst recommendations, profitability and earnings.

Dividends

Assured Guaranty pays an annual dividend of $1.52 per share and has a dividend yield of 2.0%. Corebridge Financial pays an annual dividend of $1.00 per share and has a dividend yield of 3.7%. Assured Guaranty pays out 17.5% of its earnings in the form of a dividend. Corebridge Financial pays out 181.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Assured Guaranty has raised its dividend for 7 consecutive years and Corebridge Financial has raised its dividend for 1 consecutive years.

Profitability

This table compares Assured Guaranty and Corebridge Financial’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Assured Guaranty	40.45%	6.98%	3.25%
Corebridge Financial	1.20%	18.44%	0.59%

Analyst Recommendations

This is a summary of recent recommendations and price targets for Assured Guaranty and Corebridge Financial, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Assured Guaranty	0	2	3	0	2.60
Corebridge Financial	1	5	8	1	2.60

Assured Guaranty currently has a consensus target price of $92.33, suggesting a potential upside of 18.77%. Corebridge Financial has a consensus target price of $35.92, suggesting a potential upside of 34.45%. Given Corebridge Financial’s higher possible upside, analysts plainly believe Corebridge Financial is more favorable than Assured Guaranty.

Risk & Volatility

Assured Guaranty has a beta of 0.81, suggesting that its share price is 19% less volatile than the S&P 500. Comparatively, Corebridge Financial has a beta of 1.18, suggesting that its share price is 18% more volatile than the S&P 500.

Insider & Institutional Ownership

92.2% of Assured Guaranty shares are owned by institutional investors. Comparatively, 98.3% of Corebridge Financial shares are owned by institutional investors. 5.7% of Assured Guaranty shares are owned by insiders. Comparatively, 0.3% of Corebridge Financial shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Assured Guaranty and Corebridge Financial”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Assured Guaranty	$1.11 billion	3.10	$503.00 million	$8.71	8.93
Corebridge Financial	$20.46 billion	0.60	-$366.00 million	$0.55	48.57

Assured Guaranty has higher earnings, but lower revenue than Corebridge Financial. Assured Guaranty is trading at a lower price-to-earnings ratio than Corebridge Financial, indicating that it is currently the more affordable of the two stocks.

Summary

Corebridge Financial beats Assured Guaranty on 9 of the 17 factors compared between the two stocks.

About Assured Guaranty

Assured Guaranty Ltd., together with its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It operates through two segments: Insurance and Asset Management. The company offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. It insures and reinsures various debt obligations, including bonds issued by the United States state governmental authorities; and notes issued to finance infrastructure projects. In addition, the company insures and reinsures various the U.S. public finance obligations, such as general obligation, tax-backed, municipal utility, transportation, healthcare, higher education, infrastructure, housing revenue, investor-owned utility, renewable energy, and other public finance bonds. Further, the company involved in insuring and reinsuring of non-U.S. public finance obligations comprising regulated utilities, infrastructure finance, sovereign and sub-sovereign, renewable energy bonds, pooled infrastructure, and other public finance obligations; and the U.S. and non-U.S. Structured finance obligations, including residential mortgage-backed securities, life insurance transactions, consumer receivables securities, subscription finance facilities, pooled corporate obligations, and financial products. Additionally, it offers specialty business, such as real estate properties, insurance securitizations, and aircraft residual value insurance (RVI) transactions; and asset management services comprising investment advisory services. It markets its financial guaranty insurance directly to issuers and underwriters of public finance and structured finance securities, as well as to investors in such obligations. Assured Guaranty Ltd. was incorporated in 2003 and is headquartered in Hamilton, Bermuda.

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.