PGR Stock Overview
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for PGR from our risk checks.
Narratives
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Warren
Based on Analyst Price Targets
Price at publication US$201.87
Updated
The Progressive Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$209.75 |
| 52 Week High | US$212.24 |
| 52 Week Low | US$111.41 |
| Beta | 0.35 |
| 1 Month Change | 2.07% |
| 3 Month Change | 23.28% |
| 1 Year Change | 51.56% |
| 3 Year Change | 109.44% |
| 5 Year Change | 177.45% |
| Change since IPO | 63,215.79% |
Recent News & Updates
Recent updates
Progressive: This Winner Has Much More Long-Term Upside
Apr 12Progressive Insurance, Regressive Returns?
Jan 23What You Can Learn From The Progressive Corporation's (NYSE:PGR) P/E
Dec 18
Auto Insurer Progressive Speeds By On Revenue And Earnings, As Hold Rating Reaffirmed
Nov 09The Progressive Corporation: Analysts' Estimates Overly Optimistic (Maintain Strong Sell)
Oct 09Progressive: Continue To Hold Due To Mixed Q2 2023 Results
Jul 26Progressive: 2nd-Worst Day Since 2002 Following An EPS Miss, Stock Near Support
Jul 13The Progressive Corp: Leading Auto Insurer Crashes On Low Dividends And Overvaluation
Jun 21Progressive posts 13% Y/Y increase in January earned premiums
Feb 15Progressive Q4 2022 Earnings Preview
Jan 24The Progressive reduces loss estimates from Hurricane Ian
Dec 21Progressive posts increased premium for November
Dec 14LRT Capital - Progressive Corp: Evolving Towards A Duopoly
Nov 09Progressive: Shares Trending Higher Into Earnings, Profitability Seen Improving
Oct 10Progressive (NYSE:PGR) Will Pay A Dividend Of $0.10
Sep 16Progressive reports profit growth in monthly update
Aug 17Progressive (NYSE:PGR) Has Announced A Dividend Of $0.10
Aug 12Baron Fintech Fund - Progressive Corp.: Rising Interest Rates, A Financial Tailwind
Aug 11Progressive: Too Pricey For Uncertain Dividend Yields
Jul 20Progressive Q2 2022 Earnings Preview
Jul 14Progressive (NYSE:PGR) Will Pay A Dividend Of US$0.10
Jul 03Progressive (NYSE:PGR) Will Pay A Dividend Of US$0.10
Jun 19Shareholder Returns
| PGR | US Insurance | US Market | |
|---|---|---|---|
| 7D | 3.7% | -1.2% | -3.7% |
| 1Y | 51.6% | 20.7% | 20.5% |
Return vs Industry: PGR exceeded the US Insurance industry which returned 20.7% over the past year.
Return vs Market: PGR exceeded the US Market which returned 20.5% over the past year.
Price Volatility
| PGR volatility | |
|---|---|
| PGR Average Weekly Movement | 2.5% |
| Insurance Industry Average Movement | 4.1% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: PGR has not had significant price volatility in the past 3 months.
Volatility Over Time: PGR's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1937 | 61,432 | Tricia Griffith | www.progressive.com |
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related 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).
The Progressive Corporation Fundamentals Summary
| PGR fundamental statistics | |
|---|---|
| Market cap | US$122.48b |
| Earnings (TTM) | US$5.74b |
| Revenue (TTM) | US$65.02b |
21.4x
P/E Ratio1.9x
P/S RatioIs PGR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PGR income statement (TTM) | |
|---|---|
| Revenue | US$65.02b |
| Cost of Revenue | US$57.10b |
| Gross Profit | US$7.92b |
| Other Expenses | US$2.18b |
| Earnings | US$5.74b |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
May 06, 2024
| Earnings per share (EPS) | 9.80 |
| Gross Margin | 12.18% |
| Net Profit Margin | 8.83% |
| Debt/Equity Ratio | 31.6% |
How did PGR perform over the long term?
See historical performance and comparison