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Progressive Corp. (PGR)
NYSE:PGR
PGR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$186.94 - $270.79
Previous CloseN/A
Volume867.77K
Average Volume (3M)2.54M
Market Cap
$154.61B
Enterprise Value$147.71B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)18.3
Beta0.21
Next Earnings
Apr 10, 2025EPS Estimate
4.06Last Dividend Ex-Date
Jan 10, 2025Dividend Yield1.86%
Share Statistics
EPS (TTM)13.77
Shares Outstanding585,811,500
10 Day Avg. Volume2,309,187
30 Day Avg. Volume2,535,729
Standard Deviation0.06
R-Squared0.12
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.15
Price to Cash Flow (P/CF)8.40
P/FCF Ratio8.30
Enterprise Value/Market Cap0.96
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit2.38
Enterprise Value/Ebitda13.84
Forecast
1Y Price Target
$287.64Price Target Upside7.46% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceProgressive's personal auto policycount growth exceeded forecasts, marking the best-ever growth for a December, which is typically the weakest growth month of the year.
Long-term ValueProgressive shares are considered to be transitioning from being 'fundamentally cheap' to historically attractive, implying potential long-term value.
MarginsThe combined ratio was very strong at 84.1%, compared to the expectation of 89.5%.
Bears Say
EarningsRecent pricing cuts in Florida are seen as a negative headline to many, translating to an ~7% EPS hit.
Market ShareThe auto PIF adds of 210K was below expectations.
Premium GrowthPremium growth in property insurance declined, possibly due to weaker seasonality and efforts to reduce exposure in catastrophe-prone areas.
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Ownership Overview
0.27% Insiders
24.68% Mutual Funds
19.27% Other Institutional Investors
34.43% 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 $186.94 and its highest was $270.79 in the past 12 months.
What is Progressive Corp.’s market cap?
Progressive Corp.’s market cap is $154.61B.
When is Progressive Corp.’s upcoming earnings report date?
Progressive Corp.’s upcoming earnings report date is Apr 10, 2025 which is in 48 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 $4.599 which represents an annual dividend yield of 1.86%. See more information on Progressive Corp. dividends here
What is Progressive Corp.’s EPS estimate?
Progressive Corp.’s EPS estimate is 4.06.
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 $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
Neutral
1
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Analyst Consensus
Strong Buy
Average Price Target:
$287.64 (7.46% Upside)
$287.64 (7.46% Upside)
Blogger Sentiment
Bullish
PGR Sentiment 95%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 15.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $952.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 12.1%
Last 30 Days ▲ 12.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.52%
12-Months-Change
Fundamentals
Return on Equity
29.87%
Trailing 12-Months
Asset Growth
19.75%
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 Stock 12 Month Forecast
Average Price Target
$287.64
▲(7.46% Upside)
Technical Analysis
Allstate
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American International Group
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Cincinnati Financial
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Hartford Financial
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Travelers Companies
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Best Analysts Covering PGR
1 Year
1 Year Success Rate
36/37 ratings generated profit
1 Year Average Return
+20.91%
upgraded a buy rating 2 months ago
Copying Charles Peters's trades and holding each position for 1 Year would result in 97.30% of your transactions generating a profit, with an average return of +20.91% per trade.
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