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.
Progressive (NYSE:PGR) and Allstate (NYSE:ALL) are both large-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, media sentiment, institutional ownership, risk, profitability, community ranking and earnings.
In the previous week, Progressive had 8 more articles in the media than Allstate. MarketBeat recorded 20 mentions for Progressive and 12 mentions for Allstate. Allstate's average media sentiment score of 0.94 beat Progressive's score of 0.62 indicating that Progressive is being referred to more favorably in the media.
85.3% of Progressive shares are owned by institutional investors. Comparatively, 76.5% of Allstate shares are owned by institutional investors. 0.3% of Progressive shares are owned by company insiders. Comparatively, 1.8% of Allstate shares are owned by company 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 a beta of 0.34, indicating that its stock price is 66% less volatile than the S&P 500. Comparatively, Allstate has a beta of 0.51, indicating that its stock price is 49% less volatile than the S&P 500.
Progressive has a net margin of 8.89% compared to Progressive's net margin of 2.31%. Allstate's return on equity of 29.43% beat Progressive's return on equity.
Progressive pays an annual dividend of $0.40 per share and has a dividend yield of 0.2%. Allstate pays an annual dividend of $3.68 per share and has a dividend yield of 2.2%. Progressive pays out 4.1% of its earnings in the form of a dividend. 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. Allstate has raised its dividend for 14 consecutive years. Allstate is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
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.
Progressive currently has a consensus price target of $215.19, suggesting a potential upside of 1.88%. Allstate has a consensus price target of $174.59, suggesting a potential upside of 4.22%. Given Progressive's stronger consensus rating and higher possible upside, analysts plainly believe Allstate is more favorable than Progressive.
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.
Summary
Progressive and Allstate tied by winning 11 of the 22 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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