Progressive (PGR) Competitors

$215.76
+2.04 (+0.95%)
(As of 05/10/2024 ET)

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 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 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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progressive
10 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Travelers Companies
8 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progressive$62.11B2.03$3.90B$9.7722.08
Travelers Companies$41.36B1.21$2.99B$13.4616.23

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%

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.

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

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.

CompanyUnderperformOutperform
ProgressiveOutperform Votes
551
52.98%
Underperform Votes
489
47.02%
Travelers CompaniesOutperform Votes
568
54.20%
Underperform Votes
480
45.80%

Summary

Progressive beats Travelers Companies on 11 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$126.37B$39.93B$9.48B$17.83B
Dividend Yield0.19%4.18%6.42%3.46%
P/E Ratio22.0812.7050.5023.15
Price / Sales2.031.643,498.4910.29
Price / Cash31.5417.3228.3218.08
Price / Book5.791.913.056.05
Net Income$3.90B$3.85B$1.00B$967.12M
7 Day Performance3.37%2.38%1.03%1.48%
1 Month Performance6.76%3.47%1.82%0.92%
1 Year Performance61.09%47.92%18.69%122.16%

Progressive Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRV
Travelers Companies
4.5223 of 5 stars
$216.97
+0.5%
$223.47
+3.0%
+19.5%$49.68B$41.36B16.1233,300Analyst Forecast
News Coverage
ALL
Allstate
4.9202 of 5 stars
$168.19
-1.1%
$174.18
+3.6%
+46.0%$44.39B$57.09B37.1353,400Analyst Forecast
ACGL
Arch Capital Group
4.186 of 5 stars
$98.21
+1.1%
$100.67
+2.5%
+29.4%$36.84B$13.63B7.756,400Analyst Downgrade
Insider Selling
Positive News
CB
Chubb
4.5126 of 5 stars
$251.95
0.0%
$266.74
+5.9%
+26.5%$102.31B$49.74B11.1840,000Analyst Forecast
Insider Selling
Analyst Revision
AIG
American International Group
4.85 of 5 stars
$80.28
+0.4%
$80.44
+0.2%
+51.7%$53.28B$46.80B11.9825,200Analyst Forecast
Buyback Announcement
Short Interest ↓
MUFG
Mitsubishi UFJ Financial Group
4.1556 of 5 stars
$10.16
-0.6%
N/A+60.3%$125.29B$68.70B8.19121,800Positive News
C
Citigroup
4.6928 of 5 stars
$62.00
-1.3%
$62.85
+1.4%
+38.0%$118.75B$156.82B18.34239,000
SCHW
Charles Schwab
4.5222 of 5 stars
$75.54
-1.7%
$74.47
-1.4%
+59.5%$134.16B$18.84B31.6133,000Insider Selling
Analyst Revision
BLK
BlackRock
4.4535 of 5 stars
$780.95
+0.8%
$845.42
+8.3%
+24.1%$116.31B$17.86B19.8519,800
RY
Royal Bank of Canada
4.4494 of 5 stars
$101.04
-0.8%
$137.67
+36.2%
+7.3%$142.95B$87.48B12.7391,398Short Interest ↑

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This page (NYSE:PGR) was last updated on 5/12/2024 by MarketBeat.com Staff

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