Progressive (PGR) Competitors

$209.22
+2.21 (+1.07%)
(As of 05/17/2024 ET)

PGR vs. TRV, ALL, ACGL, CB, AIG, MUFG, C, BLK, SCHW, and HDB

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), Chubb (CB), American International Group (AIG), Mitsubishi UFJ Financial Group (MUFG), Citigroup (C), BlackRock (BLK), Charles Schwab (SCHW), and HDFC Bank (HDB). These companies are all part of the "finance" sector.

Progressive vs.

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

Progressive has a beta of 0.34, indicating that its stock price is 66% less volatile than the S&P 500. Comparatively, Travelers Companies has a beta of 0.6, indicating that its stock price is 40% less volatile than the S&P 500.

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 1.9%. Progressive pays out 4.1% of its earnings in the form of a dividend. Travelers Companies pays out 31.2% 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.

Progressive currently has a consensus price target of $214.88, suggesting a potential upside of 2.70%. Travelers Companies has a consensus price target of $222.65, suggesting a potential upside of 1.34%. Given Progressive's stronger consensus rating and higher probable upside, equities analysts clearly believe Progressive is more favorable than Travelers Companies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progressive
1 Sell rating(s)
8 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.41
Travelers Companies
2 Sell rating(s)
12 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.21

Progressive has a net margin of 8.89% compared to Travelers Companies' net margin of 7.32%. Progressive's return on equity of 29.43% beat Travelers Companies' return on equity.

Company Net Margins Return on Equity Return on Assets
Progressive8.89% 29.43% 6.26%
Travelers Companies 7.32%13.94%2.58%

In the previous week, Progressive had 23 more articles in the media than Travelers Companies. MarketBeat recorded 36 mentions for Progressive and 13 mentions for Travelers Companies. Travelers Companies' average media sentiment score of 0.88 beat Progressive's score of 0.66 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
12 Very Positive mention(s)
3 Positive mention(s)
10 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Travelers Companies
9 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

85.3% of Progressive shares are owned by institutional investors. Comparatively, 82.4% 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, endowments and large money managers believe a stock will outperform the market over the long term.

Travelers Companies received 15 more outperform votes than Progressive when rated by MarketBeat users. Likewise, 54.20% of users gave Travelers Companies an outperform vote while only 53.07% of users gave Progressive an outperform vote.

CompanyUnderperformOutperform
ProgressiveOutperform Votes
553
53.07%
Underperform Votes
489
46.93%
Travelers CompaniesOutperform Votes
568
54.20%
Underperform Votes
480
45.80%

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$62.11B1.97$3.90B$9.7721.41
Travelers Companies$42.90B1.17$2.99B$13.4616.32

Summary

Progressive beats Travelers Companies on 13 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PGR 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$122.54B$40.27B$10.20B$18.08B
Dividend Yield0.19%4.18%5.85%3.44%
P/E Ratio21.4114.1736.9326.13
Price / Sales1.971.51144.2210.64
Price / Cash30.8717.2716.0719.24
Price / Book5.621.923.156.00
Net Income$3.90B$3.85B$1.01B$966.17M
7 Day Performance-3.03%1.24%1.73%1.85%
1 Month Performance-2.55%4.59%4.63%6.59%
1 Year Performance54.91%53.44%19.74%23.69%

Progressive Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRV
Travelers Companies
4.5344 of 5 stars
$217.59
+0.5%
$222.65
+2.3%
+19.8%$49.83B$42.90B16.1733,300
ALL
Allstate
4.809 of 5 stars
$169.08
-0.5%
$174.59
+3.3%
+42.6%$44.62B$57.09B37.3253,400Dividend Announcement
Analyst Upgrade
Analyst Revision
ACGL
Arch Capital Group
4.1671 of 5 stars
$97.90
0.0%
$100.67
+2.8%
+34.1%$36.76B$13.63B7.736,400Analyst Upgrade
Analyst Revision
News Coverage
CB
Chubb
4.673 of 5 stars
$253.19
-0.5%
$266.74
+5.4%
+36.7%$102.81B$49.74B11.2440,000Dividend Increase
Insider Selling
Analyst Revision
News Coverage
AIG
American International Group
4.8107 of 5 stars
$79.42
+0.5%
$81.06
+2.1%
+48.3%$52.71B$46.80B11.8525,200Analyst Downgrade
Short Interest ↓
News Coverage
MUFG
Mitsubishi UFJ Financial Group
3.6658 of 5 stars
$10.41
+1.2%
N/A+46.0%$128.37B$5.66T8.39121,800Upcoming Earnings
News Coverage
C
Citigroup
4.6804 of 5 stars
$63.58
+0.3%
$62.85
-1.1%
+38.1%$121.28B$156.82B18.81239,000
BLK
BlackRock
4.3713 of 5 stars
$802.97
+1.6%
$845.42
+5.3%
+21.3%$119.59B$17.86B20.4119,800Dividend Announcement
Insider Selling
SCHW
Charles Schwab
4.4739 of 5 stars
$77.05
+3.1%
$74.47
-3.3%
+52.2%$136.94B$18.46B32.2433,000Insider Selling
News Coverage
HDB
HDFC Bank
3.1342 of 5 stars
$55.95
+0.1%
N/A-14.8%$104.06B$49.29B17.16173,222Short Interest ↓
News Coverage

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This page (NYSE:PGR) was last updated on 5/19/2024 by MarketBeat.com Staff

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