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Progressive NYSE:PGR Stock Report

Last Price

US$257.02

Market Cap

US$149.1b

7D

-1.7%

1Y

58.1%

Updated

20 Nov, 2024

Data

Company Financials +

The Progressive Corporation

NYSE:PGR Stock Report

Market Cap: US$149.1b

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

PGR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance6/6
Financial Health5/6
Dividends0/6

Community Narratives

Create a narrative

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$257.02
52 Week HighUS$263.85
52 Week LowUS$149.14
Beta0.37
11 Month Change2.50%
3 Month Change6.99%
1 Year Change58.06%
33 Year Change168.74%
5 Year Change251.41%
Change since IPO77,484.85%

Recent News & Updates

Progressive: Skyrocketing Car Insurance Costs Increase Consumer Price Sensitivity

Oct 28

Progressive Is A Buy On Its Justified Valuation

Oct 16

What The Progressive Corporation's (NYSE:PGR) P/E Is Not Telling You

Oct 04
What The Progressive Corporation's (NYSE:PGR) P/E Is Not Telling You

Recent updates

Progressive: Skyrocketing Car Insurance Costs Increase Consumer Price Sensitivity

Oct 28

Progressive Is A Buy On Its Justified Valuation

Oct 16

What The Progressive Corporation's (NYSE:PGR) P/E Is Not Telling You

Oct 04
What The Progressive Corporation's (NYSE:PGR) P/E Is Not Telling You

Progressive: A Backbone For Your Portfolio

Sep 25

Progressive Corporation: Accumulate This Amazing Performer On Weaknesses

Aug 27

If EPS Growth Is Important To You, Progressive (NYSE:PGR) Presents An Opportunity

Aug 26
If EPS Growth Is Important To You, Progressive (NYSE:PGR) Presents An Opportunity

Results: The Progressive Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Jul 18
Results: The Progressive Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Progressive Is A Buy Ahead Of Earnings

Jul 08

Progressive: Innovation Prioritization And Continued Steady Growth Make It A Buy

Jun 29

Progressive: Growth Story Already Priced In

Jun 19

Investors Appear Satisfied With The Progressive Corporation's (NYSE:PGR) Prospects

Jun 18
Investors Appear Satisfied With The Progressive Corporation's (NYSE:PGR) Prospects

Progressive: This Winner Has Much More Long-Term Upside

Apr 12

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

Shareholder Returns

PGRUS InsuranceUS Market
7D-1.7%-0.5%-1.0%
1Y58.1%30.1%30.3%

Return vs Industry: PGR exceeded the US Insurance industry which returned 30.1% over the past year.

Return vs Market: PGR exceeded the US Market which returned 30.3% over the past year.

Price Volatility

Is PGR's price volatile compared to industry and market?
PGR volatility
PGR Average Weekly Movement2.7%
Insurance Industry Average Movement4.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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

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?
PGR fundamental statistics
Market capUS$149.09b
Earnings (TTM)US$8.08b
Revenue (TTM)US$71.96b

18.6x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PGR income statement (TTM)
RevenueUS$71.96b
Cost of RevenueUS$61.01b
Gross ProfitUS$10.94b
Other ExpensesUS$2.86b
EarningsUS$8.08b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)13.80
Gross Margin15.21%
Net Profit Margin11.23%
Debt/Equity Ratio25.4%

How did PGR perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

8%

Payout Ratio