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Progressive Corp. (PGR)
NYSE:PGR
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PGR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$166.92 - $270.62
Previous CloseN/A
Volume867.77K
Average Volume (3M)2.59M
Market Cap
$138.02B
Enterprise Value$156.00B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$3.15B
Price to Earnings (P/E)17.1
Beta0.23
Next Earnings
Apr 10, 2025EPS Estimate
3.58Last Dividend Ex-Date
Jan 10, 2025Dividend Yield0.49%
Share Statistics
EPS (TTM)13.77
Shares Outstanding585,811,500
10 Day Avg. Volume2,361,102
30 Day Avg. Volume2,591,038
Standard Deviation0.07
R-Squared0.11
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.92
Price to Cash Flow (P/CF)7.50
P/FCF Ratio7.40
Enterprise Value/Market Cap1.13
Enterprise Value/Revenue2.17
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$284.94Price Target Upside20.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Progressive News
PremiumStock Analysis & Ideas
TipRanks’ ‘Perfect 10’ List: Unveiling 2 High-Scoring Stocks for 2025
Bulls Say, Bears Say
Bulls Say
Earnings PotentialThere is increasing confidence that consensus is underestimating the true earnings potential in 2025.
Financial PerformanceImproved underwriting heading into year-end demonstrates the effectiveness of the company's strategy and the dominance of Progressive's competitive positioning.
Growth PotentialThe stock is positioned well to grow and continues to take share as rates are stable and margins remain at record-high levels.
Bears Say
Competitive EnvironmentSome investors feel that the industry will see intensified competition heading into middle of 2025, which could make growth more difficult for Progressive.
Loss RatiosThe underlying loss ratio came in at 71.4% missing our 66.8% estimate and higher when compared to 63.9% in September.
Pricing And GrowthPGR's second consecutive month beating on policy counts while missing on total premium growth may be an indication of softening pricing.
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Ownership Overview
0.28% Insiders
24.66% Mutual Funds
0.26% Other Institutional Investors
55.14% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PGR FAQ
What was Progressive Corp.’s price range in the past 12 months?
Progressive Corp. lowest stock price was $166.92 and its highest was $270.62 in the past 12 months.
What is Progressive Corp.’s market cap?
Progressive Corp.’s market cap is $138.02B.
When is Progressive Corp.’s upcoming earnings report date?
Progressive Corp.’s upcoming earnings report date is Apr 10, 2025 which is in 85 days.
How were Progressive Corp.’s earnings last quarter?
Progressive Corp. released its earnings results on Oct 15, 2024. The company reported $4.459 earnings per share for the quarter, beating the consensus estimate of $3.685 by $0.774.
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 $5.749 which represents an annual dividend yield of 0.49%. See more information on Progressive Corp. dividends here
What is Progressive Corp.’s EPS estimate?
Progressive Corp.’s EPS estimate is 3.58.
How many shares outstanding does Progressive Corp. have?
Progressive Corp. has 585,811,500 shares outstanding.
What happened to Progressive Corp.’s price movement after its last earnings report?
Progressive Corp. reported an EPS of $4.459 in its last earnings report, beating expectations of $3.685. Following the earnings report the stock price went down -0.109%.
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 885M.
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Progressive Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$284.94 (20.85% Upside)
$284.94 (20.85% Upside)
Blogger Sentiment
Bullish
PGR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 34.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.2%
Last 30 Days ▲ 5.8%
Last 30 Days ▲ 5.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
43.19%
12-Months-Change
Fundamentals
Return on Equity
29.87%
Trailing 12-Months
Asset Growth
24.99%
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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PGR Company Deck
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PGR Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted Progressive's record-breaking policy growth and strong financial performance across multiple segments. Despite challenges from natural disasters and social inflation, the company demonstrated resilience and strategic planning, positioning itself for continued success into 2025.Read More>---
PGR Stock 12 Month Forecast
Average Price Target
$284.94
▲(20.85% Upside)
Technical Analysis
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Best Analysts Covering PGR
1 Year
1 Year Success Rate
35/37 ratings generated profit
1 Year Average Return
+20.74%
upgraded a buy rating 20 days ago
Copying Charles Peters's trades and holding each position for 1 Year would result in 94.59% of your transactions generating a profit, with an average return of +20.74% per trade.
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