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Progressive Corp. (PGR)
NYSE:PGR
PGR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$201.34 - $292.99
Previous CloseN/A
Volume867.77K
Average Volume (3M)3.95M
Market Cap
$161.59B
Enterprise Value$147.50B
Total Cash (Recent Filing)$155.10M
Total Debt (Recent Filing)$2.18B
Price to Earnings (P/E)19.1
Beta0.34
Next Earnings
Apr 16, 2025EPS Estimate
4.81Last Dividend Ex-Date
Apr 03, 2025Dividend Yield1.78%
Share Statistics
EPS (TTM)14.43
Shares Outstanding586,236,100
10 Day Avg. Volume4,865,511
30 Day Avg. Volume3,953,936
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)N/A
Price to Sales (P/S)2.12
Price to Cash Flow (P/CF)13.30
P/FCF Ratio13.10
Enterprise Value/Market Cap0.91
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit16.83
Enterprise Value/Ebitda48.56
Forecast
1Y Price Target
$299.07Price Target Upside8.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
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Bulls Say, Bears Say
Bulls Say
Earnings PotentialDespite recent share price decline, the stock has a potential return of 13% on a year-ahead basis, reaffirming the Buy recommendation.
Financial PerformanceOperating income per share significantly outperformed forecasts, delivering $1.73 compared to the expected $1.31.
Underwriting ProfitsThe combined ratio of 82.5% was significantly better than expectations, indicating strong underwriting profits.
Bears Say
Growth ExpectationsPersonal auto policies added did not meet expectations, with both agency and direct additions falling short.
Policy GrowthProgressive net added +239k personal auto customers in Feb compared with the forecast of +487k, indicating weaker growth than expected.
Premium GrowthNet Premium Growth slowed down and did not meet the expected target, which was partly influenced by the number of days in the month.
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Ownership Overview
0.27% Insiders
24.84% Mutual Funds
19.40% Other Institutional Investors
33.45% 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 $201.34 and its highest was $292.99 in the past 12 months.
What is Progressive Corp.’s market cap?
Progressive Corp.’s market cap is $161.59B.
When is Progressive Corp.’s upcoming earnings report date?
Progressive Corp.’s upcoming earnings report date is Apr 16, 2025 which is in 2 days.
How were Progressive Corp.’s earnings last quarter?
Progressive Corp. released its earnings results on Jan 29, 2025. The company reported $3.92 earnings per share for the quarter, beating the consensus estimate of $3.568 by $0.352.
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 1.78%. See more information on Progressive Corp. dividends here
What is Progressive Corp.’s EPS estimate?
Progressive Corp.’s EPS estimate is 4.81.
How many shares outstanding does Progressive Corp. have?
Progressive Corp. has 586,236,100 shares outstanding.
What happened to Progressive Corp.’s price movement after its last earnings report?
Progressive Corp. reported an EPS of $3.92 in its last earnings report, beating expectations of $3.568. Following the earnings report the stock price went up 0.551%.
Which hedge fund is a major shareholder of Progressive Corp.?
Currently, no hedge funds are holding shares in PGR
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Progressive Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$299.07 (8.50% Upside)
$299.07 (8.50% Upside)
Blogger Sentiment
Bullish
PGR Sentiment 94%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days >0.1%
Last 30 Days ▲ 5.4%
Last 30 Days ▲ 5.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.07%
12-Months-Change
Fundamentals
Return on Equity
36.98%
Trailing 12-Months
Asset Growth
20.75%
Trailing 12-Months
Company Description
Progressive Corp.
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 homeowners, other property owners, 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 homeowner general liability, workers' compensation insurance, and other products. 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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PGR Stock 12 Month Forecast
Average Price Target
$299.07
▲(8.50% Upside)
Technical Analysis
Allstate
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Best Analysts Covering PGR
1 Year
1 Year Success Rate
20/20 ratings generated profit
1 Year Average Return
+30.98%
reiterated a buy rating 26 days ago
Copying David Motemaden'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 +30.98% per trade.
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