ALL vs. PGR, TRV, ACGL, MKL, WRB, ERIE, CINF, FNF, CNA, and ORI
Should you be buying Allstate stock or one of its competitors? The main competitors of Allstate include Progressive (PGR), Travelers Companies (TRV), Arch Capital Group (ACGL), Markel Group (MKL), W. R. Berkley (WRB), Erie Indemnity (ERIE), Cincinnati Financial (CINF), Fidelity National Financial (FNF), CNA Financial (CNA), and Old Republic International (ORI). These companies are all part of the "property & casualty insurance" industry.
Allstate (NYSE:ALL) and Progressive (NYSE:PGR) are both large-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, media sentiment, valuation, profitability, community ranking, dividends, risk and analyst recommendations.
Progressive has a net margin of 8.89% compared to Allstate's net margin of 2.31%. Progressive's return on equity of 29.43% beat Allstate's return on equity.
Progressive has higher revenue and earnings than Allstate. Progressive is trading at a lower price-to-earnings ratio than Allstate, indicating that it is currently the more affordable of the two stocks.
Allstate received 410 more outperform votes than Progressive when rated by MarketBeat users. Likewise, 70.11% of users gave Allstate an outperform vote while only 53.12% of users gave Progressive an outperform vote.
76.5% of Allstate shares are owned by institutional investors. Comparatively, 85.3% of Progressive shares are owned by institutional investors. 1.8% of Allstate shares are owned by insiders. Comparatively, 0.3% of Progressive shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Allstate currently has a consensus price target of $174.59, indicating a potential upside of 5.77%. Progressive has a consensus price target of $215.19, indicating a potential upside of 1.25%. Given Allstate's stronger consensus rating and higher probable upside, research analysts plainly believe Allstate is more favorable than Progressive.
Allstate pays an annual dividend of $3.68 per share and has a dividend yield of 2.2%. Progressive pays an annual dividend of $0.40 per share and has a dividend yield of 0.2%. Allstate pays out 81.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Progressive pays out 4.1% of its earnings in the form of a dividend.
Allstate has a beta of 0.5, indicating that its stock price is 50% less volatile than the S&P 500. Comparatively, Progressive has a beta of 0.35, indicating that its stock price is 65% less volatile than the S&P 500.
In the previous week, Allstate and Allstate both had 11 articles in the media. Progressive's average media sentiment score of 1.23 beat Allstate's score of 1.22 indicating that Progressive is being referred to more favorably in the news media.
Summary
Allstate and Progressive tied by winning 10 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ALL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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