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Progressive (PGR) Competitors

Progressive logo
$256.98 +2.48 (+0.97%)
(As of 11/20/2024 ET)

PGR vs. TRV, ALL, ACGL, CINF, WRB, MKL, ERIE, FNF, CNA, and ORI

Should you be buying Progressive stock or one of its competitors? The main competitors of Progressive include Travelers Companies (TRV), Allstate (ALL), 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.

Progressive vs.

Progressive (NYSE:PGR) and Travelers Companies (NYSE:TRV) are both large-cap finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their community ranking, valuation, risk, institutional ownership, dividends, profitability, analyst recommendations, earnings and media sentiment.

Progressive has a net margin of 11.27% compared to Travelers Companies' net margin of 10.02%. Progressive's return on equity of 33.10% beat Travelers Companies' return on equity.

Company Net Margins Return on Equity Return on Assets
Progressive11.27% 33.10% 7.90%
Travelers Companies 10.02%17.69%3.50%

In the previous week, Progressive had 27 more articles in the media than Travelers Companies. MarketBeat recorded 52 mentions for Progressive and 25 mentions for Travelers Companies. Travelers Companies' average media sentiment score of 1.17 beat Progressive's score of 1.04 indicating that Travelers Companies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progressive
31 Very Positive mention(s)
2 Positive mention(s)
12 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Travelers Companies
21 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Progressive has higher revenue and earnings than Travelers Companies. Travelers Companies is trading at a lower price-to-earnings ratio than Progressive, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progressive$62.11B2.42$3.90B$13.7618.68
Travelers Companies$41.36B1.41$2.99B$19.5013.19

Progressive has a beta of 0.36, indicating that its share price is 64% less volatile than the S&P 500. Comparatively, Travelers Companies has a beta of 0.62, indicating that its share price is 38% less volatile than the S&P 500.

Progressive received 13 more outperform votes than Travelers Companies when rated by MarketBeat users. Likewise, 54.28% of users gave Progressive an outperform vote while only 52.98% of users gave Travelers Companies an outperform vote.

CompanyUnderperformOutperform
ProgressiveOutperform Votes
590
54.28%
Underperform Votes
497
45.72%
Travelers CompaniesOutperform Votes
577
52.98%
Underperform Votes
512
47.02%

85.3% of Progressive shares are owned by institutional investors. Comparatively, 82.5% of Travelers Companies shares are owned by institutional investors. 0.3% of Progressive shares are owned by company insiders. Comparatively, 1.3% of Travelers Companies shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Progressive pays an annual dividend of $0.40 per share and has a dividend yield of 0.2%. Travelers Companies pays an annual dividend of $4.20 per share and has a dividend yield of 1.6%. Progressive pays out 2.9% of its earnings in the form of a dividend. Travelers Companies pays out 21.5% 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. Travelers Companies has increased its dividend for 20 consecutive years. Travelers Companies is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Progressive presently has a consensus target price of $269.81, indicating a potential upside of 4.99%. Travelers Companies has a consensus target price of $247.90, indicating a potential downside of 3.59%. Given Progressive's stronger consensus rating and higher possible upside, equities analysts plainly believe Progressive is more favorable than Travelers Companies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progressive
0 Sell rating(s)
5 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.78
Travelers Companies
4 Sell rating(s)
13 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.13

Summary

Progressive beats Travelers Companies on 15 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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PGR vs. The Competition

MetricProgressiveFire, marine, & casualty insurance IndustryFinance SectorNYSE Exchange
Market Cap$150.54B$45.07B$10.35B$19.85B
Dividend Yield0.16%7.49%10.18%3.52%
P/E Ratio18.6810.3849.6042.73
Price / Sales2.422.033,386.8319.27
Price / Cash37.7419.6030.6817.86
Price / Book7.602.382.895.52
Net Income$3.90B$3.90B$994.27M$986.45M
7 Day Performance-0.19%3.19%-0.05%0.45%
1 Month Performance2.49%9.80%7.13%1.05%
1 Year Performance58.82%58.79%24.11%24.67%

Progressive Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PGR
Progressive
4.7265 of 5 stars
$256.99
+1.0%
$269.81
+5.0%
+61.3%$149.09B$62.11B18.6861,400Analyst Forecast
Analyst Revision
Positive News
TRV
Travelers Companies
4.6429 of 5 stars
$257.12
-0.8%
$247.90
-3.6%
+49.4%$58.86B$41.36B13.1933,300Analyst Downgrade
Insider Trade
Positive News
ALL
Allstate
4.9381 of 5 stars
$197.29
+0.4%
$214.19
+8.6%
+46.5%$52.24B$57.09B12.7853,400Dividend Announcement
Analyst Revision
ACGL
Arch Capital Group
4.3982 of 5 stars
$95.71
+0.0%
$118.38
+23.7%
+13.3%$36.00B$13.63B6.426,400Ex-Dividend
Analyst Forecast
Analyst Revision
CINF
Cincinnati Financial
4.5834 of 5 stars
$151.62
+0.7%
$138.57
-8.6%
+50.4%$23.54B$12.16B7.795,426Dividend Announcement
WRB
W. R. Berkley
4.8262 of 5 stars
$60.94
+1.2%
$63.08
+3.5%
+31.2%$23.22B$12.14B15.618,329
MKL
Markel Group
3.523 of 5 stars
$1,694.12
+1.4%
$1,651.83
-2.5%
+20.1%$21.48B$15.80B7.8121,600Positive News
ERIE
Erie Indemnity
3.6097 of 5 stars
$419.45
+0.7%
N/A+48.0%$19.38B$3.82B38.966,556
FNF
Fidelity National Financial
4.7182 of 5 stars
$60.08
-1.4%
$63.60
+5.9%
+32.1%$16.44B$11.75B21.851,200Positive News
CNA
CNA Financial
3.402 of 5 stars
$48.85
+0.5%
$51.50
+5.4%
+20.1%$13.23B$13.83B10.186,300Ex-Dividend
Analyst Revision
Positive News
ORI
Old Republic International
4.6184 of 5 stars
$37.73
+0.7%
$37.00
-1.9%
+33.1%$9.50B$7.26B13.019,200Positive News

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This page (NYSE:PGR) was last updated on 11/21/2024 by MarketBeat.com Staff
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