Comparing ICC (NASDAQ:ICCH) and Progressive (NYSE:PGR)

ICC (NASDAQ:ICCHGet Rating) and Progressive (NYSE:PGRGet Rating) are both finance companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, earnings, institutional ownership and dividends.

Insider & Institutional Ownership

39.5% of ICC shares are owned by institutional investors. Comparatively, 83.7% of Progressive shares are owned by institutional investors. 24.1% of ICC shares are owned by company insiders. Comparatively, 0.4% of Progressive shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Valuation & Earnings

This table compares ICC and Progressive’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ICC $61.44 million 0.89 $4.14 million $0.96 17.19
Progressive $47.70 billion 1.32 $3.35 billion $3.68 29.30

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

Analyst Recommendations

This is a breakdown of current ratings and price targets for ICC and Progressive, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ICC 0 0 0 0 N/A
Progressive 5 6 3 0 1.86

Progressive has a consensus target price of $108.23, suggesting a potential upside of 0.38%. Given Progressive’s higher possible upside, analysts clearly believe Progressive is more favorable than ICC.

Risk and Volatility

ICC has a beta of 0.27, suggesting that its stock price is 73% less volatile than the S&P 500. Comparatively, Progressive has a beta of 0.5, suggesting that its stock price is 50% less volatile than the S&P 500.

Profitability

This table compares ICC and Progressive’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ICC 4.67% 4.02% 1.51%
Progressive 4.54% 12.85% 3.15%

Summary

Progressive beats ICC on 11 of the 13 factors compared between the two stocks.

About ICC (Get Rating)

ICC Holdings, Inc., together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. The company offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. It markets its products through a network of 186 independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Minnesota, Michigan, Missouri, Ohio, Oregon, Pennsylvania, Tennessee, Utah, and Wisconsin. ICC Holdings, Inc. was founded in 1950 and is headquartered in Rock Island, Illinois.

About Progressive (Get Rating)

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-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 autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type 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 trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

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