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 $121.51B, about 19.5x MTG ($6.23B).
- PGR has been more active in the news (31 items in the past 4 weeks vs 3 for MTG).
- 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
- MGIC Investment Corporation Schedules 2nd Quarter 2026 Earnings Call
- President & COO Miosi Salvatore A sold $846,900 worth of shares (30,000 units at $28.23) as part of a pre-agreed trading plan, decreasing direct ownership by 5% to 530,951 units (SEC Form 4)
- Officer EVP, CFO & CRO Colson Nathaniel H sold $542,000 worth of shares (20,000 units at $27.10) as part of a pre-agreed trading plan, decreasing direct ownership by 6% to 341,226 units (SEC Form 4)
- President & COO Miosi Salvatore A sold $761,400 worth of shares (30,000 units at $25.38) as part of a pre-agreed trading plan, decreasing direct ownership by 5% to 560,951 units (SEC Form 4)
- EVP and General Counsel Maggio Paula C sold $534,940 worth of shares (20,937 units at $25.55) as part of a pre-agreed trading plan, decreasing direct ownership by 11% to 169,620 units (SEC Form 4)
- Director Sculley Sheryl L. was granted 134 shares, increasing direct ownership by 0.38% to 35,158 units (SEC Form 4)
- Director Zandi Mark was granted 29 shares, increasing direct ownership by 0.09% to 33,947 units (SEC Form 4)
- Director O'Leary-Gill Daniela was granted 29 shares, increasing direct ownership by 0.45% to 6,465 units (SEC Form 4)
- Director Hartzell Jay C. was granted 201 shares, increasing direct ownership by 0.57% to 35,427 units (SEC Form 4)
- Director Klein Martin P was granted 37 shares, increasing direct ownership by 0.57% to 6,479 units (SEC Form 4)
Latest PGR
- President and CEO Griffith Susan Patricia gifted 6,043 units of Common, decreasing direct ownership by 1% to 485,438 units (SEC Form 4)
- Progressive Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
- Progressive Reports June 2026 Results
- SEC Form 4 filed by Director Snyder Barbara R
- SEC Form 4 filed by Director Fitt Lawton W
- SEC Form 4 filed by Director Farah Roger N
- SEC Form 4 filed by Director Davis Charles A
- SEC Form 4 filed by Director Craig Pamela J.
- SEC Form 4 filed by Director Bleser Philip
- SEC Form 4 filed by Chief Strategy Officer Witalec Daniel J