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 superior investment? We will compare the two companies based on the strength of their community ranking, profitability, earnings, valuation, media sentiment, analyst recommendations, risk, institutional ownership and dividends.
Allstate currently has a consensus target price of $174.59, suggesting a potential upside of 4.22%. Progressive has a consensus target price of $215.19, suggesting a potential upside of 1.90%. Given Allstate's stronger consensus rating and higher probable upside, equities research analysts clearly believe Allstate is more favorable than Progressive.
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 endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
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.
Allstate received 409 more outperform votes than Progressive when rated by MarketBeat users. Likewise, 70.09% of users gave Allstate an outperform vote while only 53.12% of users gave Progressive an outperform vote.
Allstate has a beta of 0.51, meaning that its share price is 49% 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.
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.
In the previous week, Progressive had 12 more articles in the media than Allstate. MarketBeat recorded 23 mentions for Progressive and 11 mentions for Allstate. Progressive's average media sentiment score of 0.94 beat Allstate's score of 0.74 indicating that Progressive is being referred to more favorably in the news media.
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.
Summary
Progressive beats Allstate on 11 of the 21 factors compared between the two stocks.
Get Allstate News Delivered to You Automatically
Sign up to receive the latest news and ratings for ALL and its competitors with MarketBeat's FREE daily newsletter.
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.
Allstate Competitors List
Related Companies and Tools
