Progressive (PGR) Competitors

$208.03
-2.04 (-0.97%)
(As of 04/26/2024 ET)

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

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), Charles Schwab (SCHW), BlackRock (BLK), and The Goldman Sachs Group (GS).

Progressive vs.

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

Travelers Companies received 16 more outperform votes than Progressive when rated by MarketBeat users. Likewise, 54.21% of users gave Travelers Companies an outperform vote while only 52.98% of users gave Progressive an outperform vote.

CompanyUnderperformOutperform
ProgressiveOutperform Votes
551
52.98%
Underperform Votes
489
47.02%
Travelers CompaniesOutperform Votes
567
54.21%
Underperform Votes
479
45.79%

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%

85.3% of Progressive shares are held by institutional investors. Comparatively, 82.5% of Travelers Companies shares are held by institutional investors. 0.3% of Progressive shares are held by insiders. Comparatively, 1.3% of Travelers Companies shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Travelers Companies had 24 more articles in the media than Progressive. MarketBeat recorded 36 mentions for Travelers Companies and 12 mentions for Progressive. Progressive's average media sentiment score of 0.67 beat Travelers Companies' score of 0.49 indicating that Progressive is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progressive
9 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Travelers Companies
16 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Progressive has a beta of 0.35, meaning that its share price is 65% less volatile than the S&P 500. Comparatively, Travelers Companies has a beta of 0.58, meaning that its share price is 42% 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 $4.00 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 29.7% 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 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$62.11B1.96$3.90B$9.7721.29
Travelers Companies$41.36B1.18$2.99B$13.4615.86

Progressive currently has a consensus price target of $211.88, suggesting a potential upside of 1.85%. Travelers Companies has a consensus price target of $223.47, suggesting a potential upside of 4.69%. Given Travelers Companies' higher probable upside, analysts clearly believe Travelers Companies is more favorable than Progressive.

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

Summary

Progressive beats Travelers Companies on 12 of the 21 factors compared between the two stocks.

Get Progressive News Delivered to You Automatically

Sign up to receive the latest news and ratings for PGR and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

PGR vs. The Competition

MetricProgressiveInsurance IndustryFinancial SectorNYSE Exchange
Market Cap$121.84B$18.63B$3.38B$17.54B
Dividend Yield0.19%4.35%4.56%3.54%
P/E Ratio21.29319.42453.8421.72
Price / Sales1.9676.542,205.6010.95
Price / Cash30.708.9748.8317.84
Price / Book5.592.413.504.87
Net Income$3.90B$1.11B$404.99M$964.49M
7 Day Performance-3.10%0.95%1.05%1.90%
1 Month Performance0.59%0.09%5.82%-3.71%
1 Year Performance52.51%16.56%6.95%93.11%

Progressive Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRV
Travelers Companies
4.6772 of 5 stars
$214.35
+0.0%
$223.18
+4.1%
+18.4%$49.08B$41.36B15.9233,300Analyst Report
Insider Selling
ALL
Allstate
4.927 of 5 stars
$175.27
-0.1%
$173.71
-0.9%
+47.6%$46.11B$57.09B-141.3553,400Upcoming Earnings
Short Interest ↓
Analyst Revision
News Coverage
ACGL
Arch Capital Group
4.0284 of 5 stars
$93.78
-0.1%
$96.23
+2.6%
+23.0%$35.18B$13.63B8.076,400Upcoming Earnings
Short Interest ↑
News Coverage
Positive News
CB
Chubb
4.5572 of 5 stars
$249.88
-0.6%
$266.37
+6.6%
+23.3%$101.45B$49.74B11.4540,000Earnings Report
Analyst Report
Short Interest ↑
Analyst Revision
News Coverage
AIG
American International Group
4.6889 of 5 stars
$74.93
0.0%
$80.38
+7.3%
+42.9%$51.02B$46.80B15.0225,200Upcoming Earnings
MUFG
Mitsubishi UFJ Financial Group
3.859 of 5 stars
$10.09
+0.5%
N/A+52.9%$124.49B$68.70B8.14121,800
C
Citigroup
4.919 of 5 stars
$62.66
+2.8%
$62.91
+0.4%
+33.2%$120.00B$156.82B18.54239,000Short Interest ↓
SCHW
Charles Schwab
4.7141 of 5 stars
$75.24
+1.3%
$74.47
-1.0%
+45.0%$133.62B$18.84B31.4833,000Dividend Announcement
Insider Selling
BLK
BlackRock
4.8283 of 5 stars
$766.68
+0.9%
$845.42
+10.3%
+15.1%$114.19B$17.86B19.4819,800Short Interest ↓
GS
The Goldman Sachs Group
4.6973 of 5 stars
$423.72
+1.5%
$434.93
+2.6%
+25.2%$137.51B$108.42B16.5545,300

Related Companies and Tools

This page (NYSE:PGR) was last updated on 4/28/2024 by MarketBeat.com Staff

From Our Partners