American States Water Company vs Progressive Corp — how do they compare? American States Water Company trades at $87.85 (market cap $3.47B), while Progressive Corp trades at $207.95 (market cap $123.45B). The key difference: Progressive Corp is far larger — about 35.6× American States Water Company's market cap, and Progressive Corp pays the higher dividend (6.55%). Which is the better fit depends on your goals.
| AWR | PGR | |
|---|---|---|
Market Cap | $3.47B | $123.45B |
Sector | Utilities | Financials |
52-Week High | $89.28 | $252.68 |
52-Week Low | $70.10 | $190.40 |
Enterprise Value | $4.37B | $131.66B |
Dividend Yield | 2.49% | 6.55% |
Signals from Pluang's Aura AI — not financial advice
AWR trades at $87.95, up 1.59% on the day, with a bullish technical signal from moving averages. The company reported a Q2 2026 EPS beat of $1.09 versus $0.915 expected, driven by water rate increases and revenue growth. Recent news highlights its 71-year dividend growth streak and an 8.2% dividend hike announced in July 2026. Financials show solid profitability with a 20.52% net income margin and ROE of 13.62%, though valuation ratios like P/E of 23.92 are above sector averages.
Outlook is mixed: strong dividend history and earnings growth support income investors, but elevated valuation and mixed analyst consensus (20% buy, 50% hold, 30% sell) suggest limited near-term upside. Key risks include regulatory dependence on rate approvals and potential overvaluation relative to peers.
Progressive (PGR) trades at $207.58, down 2.98% on the day, as technical indicators signal a bearish trend. Fundamentally, the company shows strong revenue growth from $49.6B in 2022 to $87.6B in 2025, with net income margins expanding to 12.85%. Recent Q2 2026 earnings beat estimates at $4.85 per share, though Q1 2026 missed expectations. Analyst consensus remains mixed with a $231.20 price target, representing 11.4% upside potential from current levels.
The stock presents a value opportunity with a P/E of 10.65 below industry averages, supported by robust cash flow generation and expanding profitability. Key risks include competitive pressures in insurance markets and potential margin compression from growth investments. Institutional ownership remains substantial despite recent portfolio adjustments by some funds.
Trailing returns across standard periods
Latest headlines on both assets
American States Water provides water and electric services to over one million people in the U.S. It also manages water and wastewater systems for various military bases under long-term privatization contracts.
Read more on AWR →Progressive underwrites private and commercial auto insurance and specialty lines
Read more on PGR →