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Progressive Corp. (PGR)
NYSE:PGR
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PGR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$154.38 - $270.62
Previous Close$251.8
Volume2.50M
Average Volume (3M)2.36M
Market Cap
$147.51B
Enterprise Value$147.51B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)18.3
Beta0.20
Next Earnings
Apr 10, 2025EPS Estimate
$3.43Next Dividend Ex-Date
Jan 09, 2025Dividend Yield0.46%
Share Statistics
EPS (TTM)13.77
Shares Outstanding585,811,503
10 Day Avg. Volume3,005,496
30 Day Avg. Volume2,361,176
Standard Deviation0.06
R-Squared0.10
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)5.43
Price to Sales (P/S)2.05
Price to Cash Flow (P/CF)8.00
P/FCF Ratio7.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.05
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$282.82Price Target Upside13.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Progressive News
Bulls Say, Bears Say
Bulls Say
Dividend And Capital PositionThe $4.50 special dividend highlights its strong excess capital position and more of the same is expected in 2025.
Growth And Market PositionSuperior market segmentation and differentiated tech strategy should allow the company to generate better combined ratio and PIF growth when compared to peers.
Underwriting And ProfitabilityImproved underwriting heading into year-end demonstrates the effectiveness of the company's strategy and the dominance of Progressive's competitive positioning.
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.
Financial PerformanceThe underlying loss ratio came in at 71.4% missing our 66.8% estimate and higher when compared to 63.9% in September.
Growth UncertaintyProgressive's app downloads decelerated further in the final days of November, and that trend continued into December.
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Ownership Overview
0.28% Insiders
24.44% Mutual Funds
19.02% Other Institutional Investors
35.66% 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 $154.38 and its highest was $270.62 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 Apr 10, 2025 which is in 109 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 $4.599 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 $3.43.
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 -0.111%.
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
Moderate Buy
Average Price Target:
$282.82 (13.01% Upside)
$282.82 (13.01% Upside)
Blogger Sentiment
Bullish
PGR Sentiment 100%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 34.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $550.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
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
57.83%
12-Months-Change
Fundamentals
Return on Equity
36.41%
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
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PGR Stock 12 Month Forecast
Average Price Target
$282.82
▲(13.01% Upside)
Technical Analysis
Best Analysts Covering PGR
1 Year
1 Year Success Rate
30/31 ratings generated profit
1 Year Average Return
+33.56%
reiterated a buy rating 3 months ago
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 +33.56% per trade.
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