Nomura Holdings Inc vs Progressive Corp — how do they compare? Nomura Holdings Inc trades at $9.4 (market cap $27.46B), while Progressive Corp trades at $207.39 (market cap $123.39B). The key difference: Progressive Corp is far larger — about 4.5× Nomura Holdings Inc's market cap, and Progressive Corp pays the higher dividend (6.55%). Which is the better fit depends on your goals.
| NMR | PGR | |
|---|---|---|
Market Cap | $27.46B | $123.39B |
Sector | Financials | Financials |
52-Week High | $10.04 | $252.68 |
52-Week Low | $6.39 | $190.40 |
Dividend Yield | 3.45% | 6.55% |
Enterprise Value | — | $131.61B |
Trailing returns across standard periods
Latest headlines on both assets
Nomura is Japan's largest broker, about twice the size of rival Daiwa Securities and roughly three times the size of the securities units of the three megabanks. It is also the largest asset-management company in Japan, with a similar size differential compared with its rivals. Despite its topnotch brand name in retail broking and asset management in Japan, Nomura has struggled to compete effectively in the institutional securities business against larger global rivals. In 2008, Nomura bought European and Asian assets of the failed Lehman Brothers, which led to a sharply higher cost base but did not provide commensurate revenue. Nomura has reduced the scale of these businesses but maintains its ambition to compete globally with the top players.
Read more on NMR →Progressive underwrites private and commercial auto insurance and specialty lines
Read more on PGR →