PGR vs. TRV, ALL, ACGL, CB, AIG, MUFG, C, SCHW, BLK, and RY
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 Royal Bank of Canada (RY). These companies are all part of the "finance" sector.
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 companies based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, valuation, community ranking, risk, earnings and media sentiment.
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 insiders. Comparatively, 1.3% of Travelers Companies shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
In the previous week, Travelers Companies had 5 more articles in the media than Progressive. MarketBeat recorded 22 mentions for Travelers Companies and 17 mentions for Progressive. Travelers Companies' average media sentiment score of 0.73 beat Progressive's score of 0.55 indicating that Travelers Companies is being referred to more favorably in the news media.
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 1.8%. 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 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 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.
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.
Progressive presently has a consensus target price of $211.88, suggesting a potential downside of 1.80%. Travelers Companies has a consensus target price of $222.65, suggesting a potential upside of 1.90%. Given Travelers Companies' higher probable upside, analysts clearly believe Travelers Companies is more favorable than Progressive.
Travelers Companies received 17 more outperform votes than Progressive when rated by MarketBeat users. Likewise, 54.20% of users gave Travelers Companies an outperform vote while only 52.98% of users gave Progressive an outperform vote.
Summary
Progressive beats Travelers Companies on 11 of the 21 factors compared between the two stocks.
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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 ChartThis 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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