Compare · MTG vs PGR
MTG vs PGR
Side-by-side comparison of MGIC Investment Corporation (MTG) and Progressive Corporation (PGR): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both MTG and PGR operate in Property-Casualty Insurers (Finance), so they compete in similar markets.
- PGR is the larger of the two at $129.12B, about 20.1x MTG ($6.41B).
- Over the past year, MTG is up 12.4% and PGR is down 9.2% - MTG leads by 21.6 points.
- MTG has been more active in the news (12 items in the past 4 weeks vs 7 for PGR).
- PGR has more recent analyst coverage (25 ratings vs 18 for MTG).
MGIC Investment Corporation
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services; and other services for the mortgage finance industry, such as analysis of loan originations and portfolios, and mortgage lead generation services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
Progressive Corporation
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 homes, condos, manufactured homes, 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 place business owner's policies, general and professional liability, and workers' compensation insurance. 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.
Latest MTG
- Director Zandi Mark was granted 28 shares, increasing direct ownership by 0.08% to 33,975 units (SEC Form 4)
- Director Chaplin C Edward was granted 145 shares, increasing direct ownership by 0.33% to 44,868 units (SEC Form 4)
- Director Klein Martin P was granted 36 shares, increasing direct ownership by 0.55% to 6,514 units (SEC Form 4)
- Director Sculley Sheryl L. was granted 130 shares, increasing direct ownership by 0.37% to 35,288 units (SEC Form 4)
- Director Hartzell Jay C. was granted 195 shares, increasing direct ownership by 0.55% to 35,622 units (SEC Form 4)
- Director Culver Curt S was granted 28 shares, increasing direct ownership by 0.13% to 21,668 units (SEC Form 4)
- Director Lowman Teresita M. was granted 189 shares, increasing direct ownership by 0.55% to 34,533 units (SEC Form 4)
- Director O'Leary-Gill Daniela was granted 28 shares, increasing direct ownership by 0.44% to 6,493 units (SEC Form 4)
- Director Thompson Michael Leal was granted 28 shares, increasing direct ownership by 0.15% to 18,587 units (SEC Form 4)
- EVP and General Counsel Maggio Paula C sold $606,000 worth of shares (20,000 units at $30.30) as part of a pre-agreed trading plan, decreasing direct ownership by 12% to 149,620 units (SEC Form 4)
Latest PGR
- Chief Information Officer Broz Steven sold $268,765 worth of Common (1,225 units at $219.40) as part of a pre-agreed trading plan, decreasing direct ownership by 4% to 31,257 units (SEC Form 4)
- Progressive upgraded by Keefe Bruyette with a new price target
- Progressive Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- Progressive Reports July 2026 Results
- Chief Personal Lines Officer Niederst Lori A sold $1,535,979 worth of Common (7,339 units at $209.29) as part of a pre-agreed trading plan, decreasing direct ownership by 15% to 42,567 units (SEC Form 4)
- Progressive Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- SEC Form 10-Q filed by Progressive Corporation
- VP and Chief Financial Officer Quigg Andrew J sold $769,780 worth of Common (3,499 units at $220.00) as part of a pre-agreed trading plan, decreasing direct ownership by 8% to 42,595 units (SEC Form 4)
- Claims President Murphy John Jo sold $1,727,975 worth of Common (8,124 units at $212.70) as part of a pre-agreed trading plan, decreasing direct ownership by 16% to 41,291 units (SEC Form 4)
- President and CEO Griffith Susan Patricia sold $7,942,166 worth of Common (37,338 units at $212.71) as part of a pre-agreed trading plan, decreasing direct ownership by 7% to 522,776 units (SEC Form 4)