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The Progressive Corporation (PGR)
: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)2.61M
Market Cap
$143.84B
Enterprise Value$156.00B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$3.15B
Price to Earnings (P/E)17.6
Beta0.24
Next Earnings
Apr 10, 2025EPS Estimate
3.57Last Dividend Ex-Date
Jan 10, 2025Dividend Yield0.47%
Share Statistics
EPS (TTM)13.77
Shares Outstanding585,811,500
10 Day Avg. Volume2,601,379
30 Day Avg. Volume2,606,348
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)1.97
Price to Cash Flow (P/CF)7.70
P/FCF Ratio7.60
Enterprise Value/Market Cap1.08
Enterprise Value/Revenue2.17
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$284.60Price Target Upside15.91% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Progressive News
PremiumStock Analysis & Ideas
TipRanks’ ‘Perfect 10’ List: Unveiling 2 High-Scoring Stocks for 2025
Bulls Say, Bears Say
Bulls Say
Financial PerformanceA special dividend of $4.50 per share was announced by Progressive, highlighting its strong excess capital position.
Growth PotentialImproved underwriting heading into year-end demonstrates the effectiveness of the company's strategy and the dominance of Progressive's competitive positioning.
Market PositionSuperior market segmentation and differentiated tech strategy should allow the company to generate better combined ratio and PIF growth when compared to peers.
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 ChallengesProgressive'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
24.66% Mutual Funds
0.52% Other Institutional Investors
54.84% 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 The Progressive Corporation’s price range in the past 12 months?
The Progressive Corporation lowest stock price was $166.92 and its highest was $270.62 in the past 12 months.
What is The Progressive Corporation’s market cap?
The Progressive Corporation’s market cap is $143.84B.
When is The Progressive Corporation’s upcoming earnings report date?
The Progressive Corporation’s upcoming earnings report date is Apr 10, 2025 which is in 82 days.
How were The Progressive Corporation’s earnings last quarter?
The Progressive Corporation 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 The Progressive Corporation overvalued?
According to Wall Street analysts The Progressive Corporation’s price is currently Undervalued.
Does The Progressive Corporation pay dividends?
The Progressive Corporation pays a Quarterly dividend of $5.749 which represents an annual dividend yield of 0.47%. See more information on The Progressive Corporation dividends here
What is The Progressive Corporation’s EPS estimate?
The Progressive Corporation’s EPS estimate is 3.57.
How many shares outstanding does The Progressive Corporation have?
The Progressive Corporation has 585,811,500 shares outstanding.
What happened to The Progressive Corporation’s price movement after its last earnings report?
The Progressive Corporation 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 The Progressive Corporation?
Among the largest hedge funds holding The Progressive Corporation’s share is Viking Global Investors LP. It holds The Progressive Corporation’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:
$284.60 (15.91% Upside)
$284.60 (15.91% Upside)
Blogger Sentiment
Bullish
PGR Sentiment 70%
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 ▲ 1.9%
Last 30 Days ▲ 5.5%
Last 30 Days ▲ 5.5%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.41%
12-Months-Change
Fundamentals
Return on Equity
36.41%
Trailing 12-Months
Asset Growth
24.99%
Trailing 12-Months
Company Description
The Progressive Corporation
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
$284.60
▲(15.91% 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
+20.75%
upgraded a buy rating 23 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 +20.75% per trade.
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