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Berkshire Hathaway (BRK.B) Competitors

$414.40
+5.79 (+1.42%)
(As of 05/31/2024 ET)

BRK.B vs. PGR, TRV, ALL, ACGL, MKL, WRB, ERIE, CINF, FNF, and CNA

Should you be buying Berkshire Hathaway stock or one of its competitors? The main competitors of Berkshire Hathaway include Progressive (PGR), Travelers Companies (TRV), Allstate (ALL), Arch Capital Group (ACGL), Markel Group (MKL), W. R. Berkley (WRB), Erie Indemnity (ERIE), Cincinnati Financial (CINF), Fidelity National Financial (FNF), and CNA Financial (CNA). These companies are all part of the "property & casualty insurance" industry.

Berkshire Hathaway vs.

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

Berkshire Hathaway has a net margin of 19.90% compared to Progressive's net margin of 8.89%. Progressive's return on equity of 29.43% beat Berkshire Hathaway's return on equity.

Company Net Margins Return on Equity Return on Assets
Berkshire Hathaway19.90% 7.28% 3.86%
Progressive 8.89%29.43%6.26%

39.3% of Berkshire Hathaway shares are owned by institutional investors. Comparatively, 85.3% of Progressive shares are owned by institutional investors. 6.1% of Berkshire Hathaway shares are owned by insiders. Comparatively, 0.3% of Progressive shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Berkshire Hathaway has a beta of 0.89, suggesting that its stock price is 11% less volatile than the S&P 500. Comparatively, Progressive has a beta of 0.34, suggesting that its stock price is 66% less volatile than the S&P 500.

In the previous week, Progressive had 20 more articles in the media than Berkshire Hathaway. MarketBeat recorded 21 mentions for Progressive and 1 mentions for Berkshire Hathaway. Berkshire Hathaway's average media sentiment score of 1.48 beat Progressive's score of 0.94 indicating that Berkshire Hathaway is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Berkshire Hathaway
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Progressive
12 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Berkshire Hathaway currently has a consensus price target of $432.00, suggesting a potential upside of 4.25%. Progressive has a consensus price target of $215.19, suggesting a potential upside of 1.90%. Given Berkshire Hathaway's stronger consensus rating and higher possible upside, research analysts plainly believe Berkshire Hathaway is more favorable than Progressive.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Berkshire Hathaway
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Progressive
1 Sell rating(s)
8 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.41

Berkshire Hathaway has higher revenue and earnings than Progressive. Berkshire Hathaway 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
Berkshire Hathaway$364.48B2.45$96.22B$33.8812.23
Progressive$62.11B1.99$3.90B$9.7721.62

Progressive received 283 more outperform votes than Berkshire Hathaway when rated by MarketBeat users. However, 67.92% of users gave Berkshire Hathaway an outperform vote while only 53.12% of users gave Progressive an outperform vote.

CompanyUnderperformOutperform
Berkshire HathawayOutperform Votes
271
67.92%
Underperform Votes
128
32.08%
ProgressiveOutperform Votes
554
53.12%
Underperform Votes
489
46.88%

Summary

Berkshire Hathaway beats Progressive on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BRK.B 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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BRK.B vs. The Competition

MetricBerkshire HathawayFire, marine, & casualty insurance IndustryFinance SectorNYSE Exchange
Market Cap$893.11B$40.27B$9.59B$17.80B
Dividend YieldN/A4.77%6.17%3.55%
P/E Ratio12.2312.7645.3823.20
Price / Sales2.452.12180.8511.15
Price / Cash17.7616.9416.3218.95
Price / Book1.551.893.285.90
Net Income$96.22B$3.90B$1.01B$976.46M
7 Day Performance1.72%0.98%0.39%0.62%
1 Month Performance3.97%2.85%3.02%4.79%
1 Year Performance28.25%49.77%17.20%24.00%

Berkshire Hathaway Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PGR
Progressive
4.4861 of 5 stars
$205.18
+0.6%
$215.19
+4.9%
+65.1%$120.17B$65.02B21.0061,400Insider Selling
Analyst Revision
TRV
Travelers Companies
4.6672 of 5 stars
$210.37
-1.4%
$222.65
+5.8%
+27.5%$48.17B$41.36B15.6333,300
ALL
Allstate
4.404 of 5 stars
$164.67
-0.1%
$174.59
+6.0%
+54.5%$43.46B$58.57B36.3553,400Short Interest ↑
ACGL
Arch Capital Group
3.7685 of 5 stars
$102.25
-1.1%
$100.67
-1.5%
+47.2%$38.39B$13.63B8.076,400Short Interest ↑
Analyst Revision
MKL
Markel Group
3.3856 of 5 stars
$1,605.03
-0.8%
$1,520.00
-5.3%
+25.1%$20.87B$15.80B8.6721,600Insider Selling
WRB
W. R. Berkley
4.8733 of 5 stars
$78.57
-0.9%
$90.38
+15.0%
+45.5%$20.09B$12.14B13.938,329Positive News
ERIE
Erie Indemnity
2.0963 of 5 stars
$377.89
-2.8%
N/A+69.3%$19.76B$3.27B40.816,556Short Interest ↑
CINF
Cincinnati Financial
4.3765 of 5 stars
$115.74
-1.6%
$126.00
+8.9%
+21.8%$18.12B$10.01B7.705,426Analyst Revision
FNF
Fidelity National Financial
4.9643 of 5 stars
$50.29
-0.9%
$55.80
+11.0%
+47.7%$13.74B$11.75B16.541,200Positive News
CNA
CNA Financial
2.8845 of 5 stars
$44.55
+1.1%
$46.50
+4.4%
+24.6%$12.09B$13.30B9.736,300Short Interest ↑
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This page (NYSE:BRK.B) was last updated on 6/1/2024 by MarketBeat.com Staff

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