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Compare · NMIH vs PGR

NMIH vs PGR

Side-by-side comparison of NMI Holdings Inc. (NMIH) and Progressive Corporation (PGR): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both NMIH and PGR operate in Property-Casualty Insurers (Finance), so they compete in similar markets.
  • PGR is the larger of the two at $117.02B, about 42.7x NMIH ($2.74B).
  • Over the past year, NMIH is down 6.1% and PGR is down 25.5% - NMIH leads by 19.4 points.
  • NMIH has been more active in the news (10 items in the past 4 weeks vs 4 for PGR).
  • PGR has more recent analyst coverage (25 ratings vs 21 for NMIH).
PerformanceNMIH-6.06%PGR-25.47%
2025-06-09+0.00%2026-06-09
MetricNMIHPGR
Company
NMI Holdings Inc.
Progressive Corporation
Price
$36.87+2.05%
$202.17+0.96%
Market cap
$2.74B
$117.02B
1M return
-5.12%
+4.30%
1Y return
-6.06%
-25.47%
Industry
Property-Casualty Insurers
Property-Casualty Insurers
Exchange
NASDAQ
NYSE
IPO
2013
News (4w)
10
4
Recent ratings
21
25
NMIH

NMI Holdings Inc.

NMI Holdings, Inc., through its subsidiaries, provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. The company was incorporated in 2011 and is headquartered in Emeryville, California.

PGR

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.

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