ALL vs. PGR, TRV, ACGL, CINF, WRB, MKL, ERIE, FNF, CNA, and ORI
Should you be buying Allstate stock or one of its competitors? The main competitors of Allstate include Progressive (PGR), Travelers Companies (TRV), Arch Capital Group (ACGL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Markel Group (MKL), Erie Indemnity (ERIE), Fidelity National Financial (FNF), CNA Financial (CNA), and Old Republic International (ORI). These companies are all part of the "property & casualty insurance" industry.
Allstate vs.
Allstate (NYSE:ALL) and Progressive (NYSE:PGR) are both large-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their dividends, valuation, earnings, community ranking, analyst recommendations, media sentiment, profitability, institutional ownership and risk.
Allstate presently has a consensus price target of $217.19, suggesting a potential upside of 12.21%. Progressive has a consensus price target of $273.81, suggesting a potential upside of 14.10%. Given Progressive's higher probable upside, analysts plainly believe Progressive is more favorable than Allstate.
Allstate pays an annual dividend of $3.68 per share and has a dividend yield of 1.9%. Progressive pays an annual dividend of $0.40 per share and has a dividend yield of 0.2%. Allstate pays out 23.8% of its earnings in the form of a dividend. Progressive pays out 2.9% 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. Allstate has increased its dividend for 14 consecutive years. Allstate is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Allstate has a beta of 0.5, indicating that its share price is 50% less volatile than the S&P 500. Comparatively, Progressive has a beta of 0.38, indicating that its share price is 62% less volatile than the S&P 500.
76.5% of Allstate shares are owned by institutional investors. Comparatively, 85.3% of Progressive shares are owned by institutional investors. 1.8% of Allstate shares are owned by company insiders. Comparatively, 0.3% of Progressive shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Allstate received 401 more outperform votes than Progressive when rated by MarketBeat users. Likewise, 70.45% of users gave Allstate an outperform vote while only 54.30% of users gave Progressive an outperform vote.
Progressive has a net margin of 11.27% compared to Allstate's net margin of 6.77%. Progressive's return on equity of 33.10% beat Allstate's return on equity.
In the previous week, Allstate and Allstate both had 15 articles in the media. Allstate's average media sentiment score of 0.76 beat Progressive's score of 0.57 indicating that Allstate is being referred to more favorably in the media.
Progressive has higher revenue and earnings than Allstate. Allstate is trading at a lower price-to-earnings ratio than Progressive, indicating that it is currently the more affordable of the two stocks.
Summary
Allstate beats Progressive on 11 of the 21 factors compared between the two stocks.
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This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NYSE:ALL) was last updated on 12/21/2024 by MarketBeat.com Staff