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Progressive BOVESPA:P1GR34 Stock Report

Last Price

R$727.77

Market Cap

R$840.3b

7D

-0.6%

1Y

59.3%

Updated

06 Feb, 2025

Data

Company Financials +

The Progressive Corporation

BOVESPA:P1GR34 Stock Report

Market Cap: R$840.3b

P1GR34 Stock Overview

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. More details

P1GR34 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance6/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 21.3% below our estimate of its fair value

Revenue is forecast to grow 11.53% per year

Earnings grew by 119% over the past year

Risk Analysis

No risks detected for P1GR34 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

The Progressive Corporation Competitors

BB Seguridade Participações

BOVESPA:BBSE3

R$76.2b

Chubb

NYSE:CB

US$109.3b

Caixa Seguridade Participações

BOVESPA:CXSE3

R$44.5b

Tokio Marine Holdings

TSE:8766

JP¥9.9t

Price History & Performance

Summary of share price highs, lows and changes for Progressive
Historical stock prices
Current Share PriceUS$727.77
52 Week HighUS$828.41
52 Week LowUS$454.02
Beta0.42
1 Month Change-3.30%
3 Month Change-3.44%
1 Year Change59.34%
3 Year Change155.82%
5 Year Change298.34%
Change since IPO355.71%

Recent News & Updates

Recent updates

Shareholder Returns

P1GR34BR InsuranceBR Market
7D-0.6%1.8%-0.6%
1Y59.3%17.5%-7.3%

Return vs Industry: P1GR34 exceeded the BR Insurance industry which returned 12.1% over the past year.

Return vs Market: P1GR34 exceeded the BR Market which returned -9.5% over the past year.

Price Volatility

Is P1GR34's price volatile compared to industry and market?
P1GR34 volatility
P1GR34 Average Weekly Movement3.9%
Insurance Industry Average Movement4.0%
Market Average Movement5.6%
10% most volatile stocks in BR Market9.7%
10% least volatile stocks in BR Market3.2%

Stable Share Price: P1GR34 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: P1GR34's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193761,432Tricia Griffithwww.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

How do Progressive's earnings and revenue compare to its market cap?
P1GR34 fundamental statistics
Market capR$840.34b
Earnings (TTM)R$48.76b
Revenue (TTM)R$434.05b

17.4x

P/E Ratio

2.0x

P/S Ratio

Is P1GR34 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
P1GR34 income statement (TTM)
RevenueUS$75.34b
Cost of RevenueUS$63.91b
Gross ProfitUS$11.44b
Other ExpensesUS$2.98b
EarningsUS$8.46b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Feb 19, 2025

Earnings per share (EPS)14.45
Gross Margin15.18%
Net Profit Margin11.23%
Debt/Equity Ratio26.9%

How did P1GR34 perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

34%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 15:11
End of Day Share Price 2025/02/06 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Progressive Corporation is covered by 42 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Jay GelbBarclays
Alex ScottBarclays