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Progressive NYSE:PGR Stock Report

Last Price

US$206.41

Market Cap

US$120.9b

7D

4.9%

1Y

48.4%

Updated

18 Mar, 2024

Data

Company Financials +

The Progressive Corporation

NYSE:PGR Stock Report

Market Cap: US$120.9b

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.

PGR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance4/6
Financial Health5/6
Dividends0/6

Narratives

Beta

Narratives bring a range of perspectives from our community.

The Progressive Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Progressive
Historical stock prices
Current Share PriceUS$206.41
52 Week HighUS$207.20
52 Week LowUS$111.41
Beta0.35
1 Month Change9.16%
3 Month Change30.90%
1 Year Change48.42%
3 Year Change129.01%
5 Year Change183.84%
Change since IPO62,207.56%

Recent News & Updates

Recent updates

Progressive Insurance, Regressive Returns?

Jan 23

What You Can Learn From The Progressive Corporation's (NYSE:PGR) P/E

Dec 18
What You Can Learn From The Progressive Corporation's (NYSE:PGR) P/E

Auto Insurer Progressive Speeds By On Revenue And Earnings, As Hold Rating Reaffirmed

Nov 09

The Progressive Corporation: Analysts' Estimates Overly Optimistic (Maintain Strong Sell)

Oct 09

Progressive: Continue To Hold Due To Mixed Q2 2023 Results

Jul 26

Progressive: 2nd-Worst Day Since 2002 Following An EPS Miss, Stock Near Support

Jul 13

The Progressive Corp: Leading Auto Insurer Crashes On Low Dividends And Overvaluation

Jun 21

Progressive posts 13% Y/Y increase in January earned premiums

Feb 15

Progressive Q4 2022 Earnings Preview

Jan 24

The Progressive reduces loss estimates from Hurricane Ian

Dec 21

Progressive posts increased premium for November

Dec 14

LRT Capital - Progressive Corp: Evolving Towards A Duopoly

Nov 09

Progressive: Shares Trending Higher Into Earnings, Profitability Seen Improving

Oct 10

Progressive (NYSE:PGR) Will Pay A Dividend Of $0.10

Sep 16
Progressive (NYSE:PGR) Will Pay A Dividend Of $0.10

Progressive reports profit growth in monthly update

Aug 17

Progressive (NYSE:PGR) Has Announced A Dividend Of $0.10

Aug 12
Progressive (NYSE:PGR) Has Announced A Dividend Of $0.10

Baron Fintech Fund - Progressive Corp.: Rising Interest Rates, A Financial Tailwind

Aug 11

Progressive: Too Pricey For Uncertain Dividend Yields

Jul 20

Progressive Q2 2022 Earnings Preview

Jul 14

Progressive (NYSE:PGR) Will Pay A Dividend Of US$0.10

Jul 03
Progressive (NYSE:PGR) Will Pay A Dividend Of US$0.10

Progressive (NYSE:PGR) Will Pay A Dividend Of US$0.10

Jun 19
Progressive (NYSE:PGR) Will Pay A Dividend Of US$0.10

LRT Capital - Progressive Corp: Unstoppable Cost Advantages

May 06

The Progressive Corporation - An Outstanding Company At A Fair Price

Apr 07

Shareholder Returns

PGRUS InsuranceUS Market
7D4.9%1.1%0.5%
1Y48.4%35.2%29.0%

Return vs Industry: PGR exceeded the US Insurance industry which returned 35.2% over the past year.

Return vs Market: PGR exceeded the US Market which returned 29% over the past year.

Price Volatility

Is PGR's price volatile compared to industry and market?
PGR volatility
PGR Average Weekly Movement2.4%
Insurance Industry Average Movement3.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: PGR's share price has been volatile over the past 3 months.

Volatility Over Time: PGR's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193761,432Tricia Griffithhttps://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

How do Progressive's earnings and revenue compare to its market cap?
PGR fundamental statistics
Market capUS$120.89b
Earnings (TTM)US$3.86b
Revenue (TTM)US$62.08b

31.3x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PGR income statement (TTM)
RevenueUS$62.08b
Cost of RevenueUS$56.56b
Gross ProfitUS$5.52b
Other ExpensesUS$1.66b
EarningsUS$3.86b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)6.60
Gross Margin8.89%
Net Profit Margin6.23%
Debt/Equity Ratio34.0%

How did PGR perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

17%

Payout Ratio

Does PGR pay a reliable dividends?

See PGR dividend history and benchmarks
When do you need to buy PGR by to receive an upcoming dividend?
Progressive dividend dates
Ex Dividend DateApr 03 2024
Dividend Pay DateApr 12 2024
Days until Ex dividend15 days
Days until Dividend pay date24 days

Does PGR pay a reliable dividends?

See PGR dividend history and benchmarks
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