Progressive (PGR) Competitors

$209.02
-2.78 (-1.31%)
(As of 05/2/2024 ET)

PGR vs. TRV, ALL, ACGL, CB, AIG, MUFG, C, SCHW, BLK, 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), Charles Schwab (SCHW), BlackRock (BLK), and HDFC Bank (HDB). These companies are all part of the "finance" sector.

Progressive vs.

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

In the previous week, Travelers Companies had 10 more articles in the media than Progressive. MarketBeat recorded 23 mentions for Travelers Companies and 13 mentions for Progressive. Progressive's average media sentiment score of 0.82 beat Travelers Companies' score of 0.72 indicating that Travelers Companies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Travelers Companies
11 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Progressive
8 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Travelers Companies currently has a consensus target price of $223.47, suggesting a potential upside of 4.23%. Progressive has a consensus target price of $211.88, suggesting a potential upside of 1.37%. Given Progressive's higher possible upside, research analysts plainly believe Travelers Companies is more favorable than Progressive.

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

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

Travelers Companies pays an annual dividend of $4.00 per share and has a dividend yield of 1.9%. Progressive pays an annual dividend of $0.40 per share and has a dividend yield of 0.2%. Travelers Companies pays out 29.7% of its earnings in the form of a dividend. Progressive pays out 4.1% 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. Travelers Companies has raised its dividend for 20 consecutive years. Travelers Companies is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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

Company Net Margins Return on Equity Return on Assets
Travelers Companies7.32% 13.94% 2.58%
Progressive 8.89%29.43%6.26%

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

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
Travelers Companies$41.36B1.19$2.99B$13.4615.93
Progressive$62.11B1.97$3.90B$9.7721.39

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

Summary

Travelers Companies and Progressive tied by winning 11 of the 22 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

MetricProgressiveFire, marine, & casualty insurance IndustryFinance SectorNYSE Exchange
Market Cap$122.42B$40.11B$8.78B$17.33B
Dividend Yield0.19%4.18%10.69%3.58%
P/E Ratio21.3915.8260.9825.30
Price / Sales1.971.473,621.2410.76
Price / Cash30.7316.7827.9217.44
Price / Book5.611.802.364.91
Net Income$3.90B$3.97B$1.01B$964.63M
7 Day Performance0.49%1.00%0.33%0.99%
1 Month Performance-0.88%-2.18%-0.76%-2.66%
1 Year Performance67.15%53.39%14.78%99.12%

Progressive Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRV
Travelers Companies
4.7299 of 5 stars
$212.18
-0.3%
$223.47
+5.3%
+18.8%$48.59B$41.36B15.7633,300Insider Selling
ALL
Allstate
4.9206 of 5 stars
$170.04
+0.3%
$173.71
+2.2%
+50.5%$44.73B$57.09B-137.1353,400Earnings Report
Analyst Report
Gap Up
ACGL
Arch Capital Group
4.1645 of 5 stars
$93.54
+2.5%
$96.23
+2.9%
+25.2%$35.09B$13.63B8.056,400Earnings Report
Analyst Report
Analyst Revision
CB
Chubb
4.5382 of 5 stars
$248.62
-0.2%
$266.89
+7.4%
+24.8%$100.94B$49.74B11.0440,000Short Interest ↑
AIG
American International Group
4.7802 of 5 stars
$75.31
-0.6%
$80.38
+6.7%
+50.4%$51.28B$46.80B15.0925,200Earnings Report
Buyback Announcement
Options Volume
News Coverage
Gap Up
MUFG
Mitsubishi UFJ Financial Group
3.8262 of 5 stars
$9.95
-0.2%
N/A+63.6%$122.76B$68.70B8.02121,800
C
Citigroup
4.8889 of 5 stars
$61.33
-1.5%
$62.85
+2.5%
+33.8%$117.46B$156.82B18.14239,000Analyst Report
Options Volume
SCHW
Charles Schwab
4.6958 of 5 stars
$73.94
-0.8%
$74.47
+0.7%
+50.4%$131.32B$18.84B30.9433,000Insider Selling
BLK
BlackRock
4.8581 of 5 stars
$754.90
-0.8%
$845.42
+12.0%
+16.2%$112.43B$17.86B19.1819,800
HDB
HDFC Bank
2.4591 of 5 stars
$57.60
-1.3%
N/A-15.4%$107.12B$49.29B17.67173,222Dividend Increase

Related Companies and Tools

This page (NYSE:PGR) was last updated on 5/3/2024 by MarketBeat.com Staff

From Our Partners