Head-to-Head Analysis: Progressive (NYSE:PGR) & Trean Insurance Group (NASDAQ:TIG)


Progressive ( NYSE:PGR – Get Rating ) and Trean Insurance Group ( NASDAQ:TIG – Get Rating ) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their profitability, dividends, institutional ownership, valuation, earnings, analyst recommendations and risk.

Earnings & Rating

This table compares Progressive and Trean Insurance Group’s top-line revenue, earnings per share and valuation.

Gross income Price/sales ratio Net income Earnings per share Price/earnings ratio
Progressive 47.70 billion dollars 1.48 3.35 billion dollars $3.68 32.70
Trean Insurance Group 217.69 million dollars 1.35 19.33 million dollars $0.43 13.40

Progressive has higher revenue and earnings than Trean Insurance Group. Trean Insurance Group is trading at a lower price-to-earnings ratio than Progressive, indicating that it is currently the more affordable of the two stocks.

profitability

This table compares Progressive and Trean Insurance Group’s net margins, return on equity and return on assets.

Net margins Return on capital Return of assets
Progressive 4.54% 12.85% 3.15%
Trean Insurance Group 9.32% 5.32% 1.53%

Risk and volatility

Progressive has a beta of 0.49, meaning its share price is 51% less volatile than the S&P 500. Comparatively, Trean Insurance Group has a beta of 0.63, meaning its share price its stock is 37% less volatile than the S&P 500.

Internal and institutional ownership

83.7% of Progressive shares are owned by institutional investors. Comparatively, 87.6% of Trean Insurance Group shares are owned by institutional investors. 0.3% of Progressive shares are owned by company insiders. Comparatively, 9.3% of Trean Insurance Group shares are owned by company insiders. Strong institutional ownership is an indicator that foundations, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst recommendations

This is a summary of the latest ratings and recommendations for Progressive and Trean Insurance Group, as reported by MarketBeat.

Appraisals for sale Keep the ratings Buy Ratings Strong shopping reviews Evaluation result
Progressive 5 7 2 0 1.79
Trean Insurance Group 0 2 1 0 2.33

Progressive currently has a consensus target price of $107.23, indicating a potential downside of 10.88%. Trean Insurance Group has a consensus target price of $10.00, indicating a potential upside of 73.61%. Given Trean Insurance Group’s stronger consensus rating and higher possible upside, analysts plainly believe Trean Insurance Group is more favorable than Progressive.

summary

Progressive beats Trean Insurance Group in 8 of the 14 factors compared between the two stocks.

About Progressive (Get rating)

Progressive Corporation, an insurance holding company, offers personal and commercial auto, residential and commercial personal property, general liability and other specialty property and casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines and Property. The Personal Lines segment writes insurance for personal automobiles and recreational vehicles (RVs). The products of this segment include personal vehicle insurance; and specialty lines products, including insurance for motorcycles, ATVs, RVs, watercraft, snowmobiles and related products. The Commercial Lines segment offers auto and personal injury primary liability insurance, as well as business-related general liability and property insurance for cars, vans, pickup trucks and dump trucks used by small businesses; tractors, trailers and straight trucks used primarily by regional haulage and freight forwarding businesses, and long-haul operators; dump trucks, log trucks and garbage trucks used by dirt, sand and gravel, logging and coal-type businesses; and tow and wrecker trucks used in towing services and gas/service station businesses; as well as fleetless and airport taxis, and black car services. The Property segment writes residential property insurance for homeowners, other property owners and renters, and offers personal umbrella insurance and primary and excess flood insurance. The company also provides policy issuance and claims settlement services; and acts as an agent for homeowners’ general liability, workers’ compensation insurance and other products. In addition, it offers reinsurance services. The company sells its products through independent insurance agencies, as well as directly online through mobile devices and over the phone. Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

About Trean Insurance Group (Get rating)

Trean Insurance Group, Inc. guarantees special casualty insurance products in the United States. The company underwrites business, primarily workers’ compensation, accident and health, and medical professional liability products. It also provides a range of services, including issuing carrier services, claims administration and reinsurance brokerage services. The company offers its products through program partners and general managing agents. Trean Insurance Group, Inc. was founded in 1996 and is based in Wayzata, Minnesota.



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