PGR 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
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
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The Progressive Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$239.97 |
| 52 Week High | US$270.62 |
| 52 Week Low | US$156.06 |
| Beta | 0.39 |
| 1 Month Change | -6.63% |
| 3 Month Change | -7.43% |
| 1 Year Change | 52.11% |
| 3 Year Change | 137.01% |
| 5 Year Change | 232.60% |
| Change since IPO | 72,338.09% |
Recent News & Updates
Recent updates
Auto Insurer Progressive Held Up In Traffic As Valuation Puts Brakes On Rating
Dec 02Here's Why Progressive (NYSE:PGR) Has Caught The Eye Of Investors
Nov 24
Progressive: Skyrocketing Car Insurance Costs Increase Consumer Price Sensitivity
Oct 28Progressive Is A Buy On Its Justified Valuation
Oct 16What The Progressive Corporation's (NYSE:PGR) P/E Is Not Telling You
Oct 04Progressive: A Backbone For Your Portfolio
Sep 25Progressive Corporation: Accumulate This Amazing Performer On Weaknesses
Aug 27If EPS Growth Is Important To You, Progressive (NYSE:PGR) Presents An Opportunity
Aug 26Results: The Progressive Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Jul 18Progressive Is A Buy Ahead Of Earnings
Jul 08Progressive: Innovation Prioritization And Continued Steady Growth Make It A Buy
Jun 29Progressive: Growth Story Already Priced In
Jun 19Investors Appear Satisfied With The Progressive Corporation's (NYSE:PGR) Prospects
Jun 18Progressive: This Winner Has Much More Long-Term Upside
Apr 12Progressive Insurance, Regressive Returns?
Jan 23Auto 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 21Shareholder Returns
| PGR | US Insurance | US Market | |
|---|---|---|---|
| 7D | -4.7% | -2.2% | -2.4% |
| 1Y | 52.1% | 26.1% | 23.3% |
Return vs Industry: PGR exceeded the US Insurance industry which returned 26.1% over the past year.
Return vs Market: PGR exceeded the US Market which returned 23.3% over the past year.
Price Volatility
| PGR volatility | |
|---|---|
| PGR Average Weekly Movement | 3.2% |
| Insurance Industry Average Movement | 4.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PGR has not had significant price volatility in the past 3 months compared to the US market.
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$140.42b |
| Earnings (TTM) | US$8.08b |
| Revenue (TTM) | US$71.96b |
17.4x
P/E Ratio2.0x
P/S RatioIs PGR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PGR income statement (TTM) | |
|---|---|
| Revenue | US$71.96b |
| Cost of Revenue | US$61.01b |
| Gross Profit | US$10.94b |
| Other Expenses | US$2.86b |
| Earnings | US$8.08b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 29, 2025
| Earnings per share (EPS) | 13.80 |
| Gross Margin | 15.21% |
| Net Profit Margin | 11.23% |
| Debt/Equity Ratio | 25.4% |
How did PGR perform over the long term?
See historical performance and comparisonDividends
2.0%
Current Dividend Yield8%
Payout RatioDoes PGR pay a reliable dividends?
See PGR dividend history and benchmarks| Progressive dividend dates | |
|---|---|
| Ex Dividend Date | Jan 09 2025 |
| Dividend Pay Date | Jan 16 2025 |
| Days until Ex dividend | 19 days |
| Days until Dividend pay date | 26 days |
Does PGR pay a reliable dividends?
See PGR dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
The Progressive Corporation is covered by 45 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Alex Scott | Barclays |