The Progressive Corporation

NYSE:PGR Stock Report

Market Cap: US$125.4b

Progressive Future Growth

Future criteria checks 3/6

Progressive is forecast to grow earnings and revenue by 5.5% and 12.8% per annum respectively. EPS is expected to grow by 5.7% per annum. Return on equity is forecast to be 24.7% in 3 years.

Key information

5.5%

Earnings growth rate

5.7%

EPS growth rate

Insurance earnings growth11.7%
Revenue growth rate12.8%
Future return on equity24.7%
Analyst coverage

Good

Last updated22 Apr 2024

Recent future growth updates

Recent updates

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

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

Earnings and Revenue Growth Forecasts

NYSE:PGR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202691,7847,260N/AN/A2
12/31/202582,9586,8399,676N/A8
12/31/202472,7216,7338,029N/A8
3/31/202465,0215,739N/AN/AN/A
12/31/202362,0823,86510,39110,643N/A
9/30/202358,6612,7078,9199,136N/A
6/30/202355,8821,7147,4557,743N/A
3/31/202352,0488286,5346,796N/A
12/31/202249,5866956,5576,849N/A
9/30/202248,6098316,0716,371N/A
6/30/202247,6878256,4346,715N/A
3/31/202248,0732,1587,3847,650N/A
12/31/202147,6773,3247,5187,762N/A
9/30/202146,6024,0468,6228,857N/A
6/30/202145,6925,4587,7547,965N/A
3/31/202144,7606,4597,6837,894N/A
12/31/202042,6385,6786,6826,906N/A
9/30/202041,9635,0646,2286,487N/A
6/30/202040,5454,3756,4956,766N/A
3/31/202039,0223,5645,6696,019N/A
12/31/201938,9983,9435,8986,262N/A
9/30/201936,2923,1375,8346,217N/A
6/30/201935,2573,2245,8096,176N/A
3/31/201933,8242,9496,1006,406N/A
12/31/201831,9552,5946,0196,285N/A
9/30/201831,0412,9125,5245,735N/A
6/30/201829,3372,2155,0335,218N/A
3/31/201827,9241,8854,2434,400N/A
12/31/201726,8161,592N/A3,757N/A
9/30/201725,8231,399N/A3,680N/A
6/30/201724,9671,374N/A3,184N/A
3/31/201724,1811,197N/A3,018N/A
12/31/201623,4171,031N/A2,733N/A
9/30/201622,690978N/A2,408N/A
6/30/201622,0291,058N/A2,434N/A
3/31/201621,4951,230N/A2,340N/A
12/31/201520,8321,268N/A2,293N/A
9/30/201520,6091,307N/A2,229N/A
6/30/201520,1061,325N/A2,114N/A
3/31/201519,5641,255N/A1,836N/A
12/31/201419,3771,281N/A1,726N/A
9/30/201418,8211,211N/A1,809N/A
6/30/201418,5741,147N/A1,804N/A
3/31/201418,4281,178N/A1,838N/A
12/31/201318,1561,165N/A1,900N/A
9/30/201317,8881,115N/A1,774N/A
6/30/201317,7891,159N/A1,694N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PGR's forecast earnings growth (5.5% per year) is above the savings rate (2.3%).

Earnings vs Market: PGR's earnings (5.5% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: PGR's earnings are forecast to grow, but not significantly.

Revenue vs Market: PGR's revenue (12.8% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: PGR's revenue (12.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PGR's Return on Equity is forecast to be high in 3 years time (24.7%)

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