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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$137.90 - $260.80
Previous Close$256.98
Volume944.00
Average Volume (3M)2.30K
Market Cap
$150.51B
Enterprise Value$150.51B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)22.0
Beta0.41
Next Earnings
Oct 10, 2024EPS Estimate
$3.54Next Dividend Ex-Date
Oct 03, 2024Dividend Yield0.45%
Share Statistics
EPS (TTM)11.69
Shares Outstanding585,666,665
10 Day Avg. Volume2,979
30 Day Avg. Volume2,300
Standard Deviation0.07
R-Squared0.05
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)6.27
Price to Sales (P/S)2.22
Price to Cash Flow (P/CF)11.50
P/FCF Ratio11.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.22
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$263.00Price Target Upside2.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Progressive News
Bulls Say, Bears Say
Bulls Say
GrowthProgressive net added 402k personal auto policies, expanding its footprint by 1.8% in a single month.
Market ShareProgressive is set up well for potentially 20%+ market share in five years.
ProfitabilityThe durability of Progressive's profitability in an increasingly competitive environment is impressive.
Bears Say
Expense RatioThe expense ratio continues to increase, especially in the direct channel, showing the company's push on the advertising side.
GrowthIncrementally cautious on valuation in light of potential growth downside implied by app tracker.
ValuationWith the stock up ~13% in the past three months, and an increasing number of sell-side analysts moving to 'Buy' or equivalent ratings, the investment thesis is less misunderstood.
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Options Prices
Currently, No data available
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Ownership Overview
8.36% Insiders
26.73% Mutual Funds
38.37% Other Institutional Investors
26.54% 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 $137.90 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 Oct 10, 2024 which is in 14 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 0.45%. See more information on Progressive Corp. dividends here
What is Progressive Corp.’s EPS estimate?
Progressive Corp.’s EPS estimate is $3.54.
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:
$263.00 (2.34% Upside)
$263.00 (2.34% Upside)
Blogger Sentiment
Bullish
GB:0KOC Sentiment 93%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $1.6M 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
81.65%
12-Months-Change
Fundamentals
Return on Equity
34.45%
Trailing 12-Months
Asset Growth
20.13%
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
$263.00
▲(2.34% Upside)
Technical Analysis
Progressive
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American International Group
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Travelers Companies
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Assurant
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Hartford Financial
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Best Analysts Covering 0KOC
1 Year
1 Year Success Rate
31/31 ratings generated profit
1 Year Average Return
+35.25%
reiterated a buy rating 11 days ago
Copying Harry Fong's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +35.25% per trade.
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