Comparing Oxbridge Re (OXBR) & Progressive (PGR)

Oxbridge Re (NASDAQ:OXBR) and Progressive (NYSE:PGR) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, profitability, risk, analyst recommendations, institutional ownership, dividends and earnings.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Oxbridge Re and Progressive, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Oxbridge Re 0 0 0 0 N/A
Progressive 1 5 5 1 2.50

Progressive has a consensus target price of $68.62, indicating a potential downside of 1.60%. Given Progressive’s higher probable upside, analysts plainly believe Progressive is more favorable than Oxbridge Re.

Risk and Volatility

Oxbridge Re has a beta of -0.11, indicating that its share price is 111% less volatile than the S&P 500. Comparatively, Progressive has a beta of 0.67, indicating that its share price is 33% less volatile than the S&P 500.

Dividends

Progressive pays an annual dividend of $1.12 per share and has a dividend yield of 1.6%. Oxbridge Re does not pay a dividend. Progressive pays out 42.6% of its earnings in the form of a dividend.

Institutional & Insider Ownership

4.2% of Oxbridge Re shares are owned by institutional investors. Comparatively, 79.9% of Progressive shares are owned by institutional investors. 49.0% of Oxbridge Re shares are owned by company insiders. Comparatively, 0.7% of Progressive shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares Oxbridge Re and Progressive’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Oxbridge Re $23.84 million 0.27 -$20.59 million N/A N/A
Progressive $26.84 billion 1.50 $1.59 billion $2.63 26.29

Progressive has higher revenue and earnings than Oxbridge Re.

Profitability

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

Net Margins Return on Equity Return on Assets
Oxbridge Re -112.46% -164.98% -88.12%
Progressive 9.42% 27.25% 6.69%

Summary

Progressive beats Oxbridge Re on 12 of the 14 factors compared between the two stocks.

About Oxbridge Re

Oxbridge Re Holdings Limited, through its subsidiary, Oxbridge Reinsurance Limited, provides specialty property and casualty reinsurance solutions. It focuses on underwriting fully-collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. The company distributes its products through reinsurance brokers. The company was founded in 2013 and is headquartered in George Town, the Cayman Islands.

About Progressive

The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, and snowmobiles. The company's Commercial Lines segment provides primary liability, physical damage, and other auto-related 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 non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides 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; home, condominium, renters, and other insurance; and general liability and business owner's policies, and workers' compensation insurance. In addition, it offers reinsurance services. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on Internet, and mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

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