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Progressive Corp. (GB:0KOC)
LSE:0KOC
Holding GB:0KOC?
Track your performance easily
0KOC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$149.10 - $260.80
Previous Close$250.38
Volume1.59K
Average Volume (3M)6.09K
Market Cap
$147.20B
Enterprise Value$147.20B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)18.3
Beta0.27
Next Earnings
Nov 05, 2024EPS Estimate
$3.69Last Dividend Ex-Date
Oct 03, 2024Dividend Yield0.46%
Share Statistics
EPS (TTM)13.77
Shares Outstanding585,666,665
10 Day Avg. Volume19,985
30 Day Avg. Volume6,095
Standard Deviation0.07
R-Squared0.05
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)6.39
Price to Sales (P/S)2.17
Price to Cash Flow (P/CF)11.30
P/FCF Ratio11.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.17
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$275.35Price Target Upside9.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
Progressive News
Bulls Say, Bears Say
Bulls Say
Dividend ExpectationA special dividend is expected in Q4, with the possibility of it being multiples of the current model given the strong results.
Financial PerformanceThe 89.1% YTD combined ratio positions them well for balance of the year.
Policy GrowthHealthy policycount growth continues with Progressive net adding 394k personal auto policies in September, surpassing forecasts.
Bears Say
EarningsThe September EPS result was lower than forecasted due to significant losses related to Hurricane Helene.
Expense ManagementPeer Allstate's advertising budget is expected to double, which will likely drive incremental adverse impacts within the Direct marketplace, including higher acquisition costs for PGR.
Financial PerformanceLower investment income and higher catastrophe loss ratios partly offset the positive factors.
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Options Prices
Currently, No data available
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Ownership Overview
0.28% Insiders
24.87% Mutual Funds
0.89% Other Institutional Investors
54.06% Public Companies and
Individual Investors
0KOC FAQ
What was Progressive Corp.’s price range in the past 12 months?
Progressive Corp. lowest share price was $149.10 and its highest was $260.80 in the past 12 months.
What is Progressive Corp.’s market cap?
Currently, no data Available
When is Progressive Corp.’s upcoming earnings report date?
Progressive Corp.’s upcoming earnings report date is Nov 05, 2024 which is in 17 days.
How were Progressive Corp.’s earnings last quarter?
Progressive Corp. released its earnings results on Aug 05, 2024. The company reported $2.648 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.598.
Is Progressive Corp. overvalued?
According to Wall Street analysts Progressive Corp.’s price is currently Undervalued.
Does Progressive Corp. pay dividends?
Progressive Corp. pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 0.46%. See more information on Progressive Corp. dividends here
What is Progressive Corp.’s EPS estimate?
Progressive Corp.’s EPS estimate is $3.69.
How many shares outstanding does Progressive Corp. have?
Progressive Corp. has 585,666,700 shares outstanding.
What happened to Progressive Corp.’s price movement after its last earnings report?
Progressive Corp. reported an EPS of $2.648 in its last earnings report, beating expectations of $2.05. Following the earnings report the stock price went down -2.427%.
Which hedge fund is a major shareholder of Progressive Corp.?
Among the largest hedge funds holding Progressive Corp.’s share is Viking Global Investors LP. It holds Progressive Corp.’s shares valued at 832M.
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Progressive Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$275.35 (9.97% Upside)
$275.35 (9.97% Upside)
Blogger Sentiment
Bullish
GB:0KOC Sentiment 100%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $2.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
58.76%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
25.27%
Trailing 12-Months
Company Description
Progressive Corp.
The Progressive Corporation is one of the leading auto insurers in the United States. The company also offers residential property insurance, reinsurance, and other specialty property-casualty insurance and related services. Its Personal Lines business unit covers insurance for personal automobiles, recreational and other vehicles. Under the Commercial Lines division, Progressive writes primary liability and physical damage insurance for automobiles owned by small businesses. Its Property segment offers residential property insurance for homeowners, renters and other property owners.
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0KOC Company Deck
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0KOC Earnings Call
Q2 2024
0:00 / 0:00
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0KOC Stock 12 Month Forecast
Average Price Target
$275.35
▲(9.97% Upside)
Technical Analysis
Best Analysts Covering 0KOC
1 Year
1 Year Success Rate
30/31 ratings generated profit
1 Year Average Return
+34.03%
reiterated a buy rating last month
Copying Harry Fong's trades and holding each position for 1 Year would result in 96.77% of your transactions generating a profit, with an average return of +34.03% per trade.
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