Our Australian Dividend Outlook and Top Picks 2026 Q3, published on Oct. 30, 2026, contained an error regarding NIB's dividend yield and, as a result, the average yield for the Pick List. The error has been resolved in Dividend Outlook and Top Picks 2026 Q3 (Corrected), published on Nov. 11, 2026.
Industry growth is tied to a steadily increasing population, aging demographics, and a rise in healthcare spending.
There is increasing risk of the regulator refusing to fully pass through higher claims costs as insurers become highly profitable. If participation falls, it would be detrimental to margins.
Metric | NHF | SUN | MPL |
|---|---|---|---|
Price/Earnings (Normalized) | 15.27 | 21.84 | 21.91 |
Price/Book Value | 2.93 | 2.13 | 6.07 |
Price/Sales | 0.90 | 1.44 | 1.61 |
Price/Cash Flow | 16.91 | 14.19 | 32.22 |
Metric | NHF | SUN | MPL |
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 17.78 | 3.81 | 231.26 |
Metric | NHF | SUN | MPL |
|---|---|---|---|
Return on Assets (Normalized) | 11.05% | 3.50% | 13.93% |
Return on Equity (Normalized) | 21.18% | 10.08% | 26.89% |
Return on Invested Capital (Normalized) | 16.84% | 5.61% | 21.20% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Fidelity National Financial Inc FNF | LOCK|qSj | LOCK|Kt | $12B | |||
| Medibank Pvt Ltd ADR MDBKY | — | LOCK|$CSN | $10B | |||
| Axis Capital Holdings Ltd AXS | — | LOCK|?$P | $8B | |||
| First American Financial Corp FAF | LOCK|<@!v%m | LOCK|Ww | $7B | |||
| Enact Holdings Inc ACT | — | LOCK|kY | $6B | |||
| Essent Group Ltd ESNT | — | LOCK|mW | $6B | |||
| MGIC Investment Corp MTG | LOCK|Sr^<p? | LOCK|g^ | $6B | |||
| Radian Group Inc RDN | LOCK|n%B%W< | LOCK|SZ | $5B | |||
| Assured Guaranty Ltd AGO | LOCK|@n>%%p | LOCK|x< | $3B | |||
| NMI Holdings Inc NMIH | — | LOCK|!&# | $3B |
United States