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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
PGR: Pricing Flexibility and First-Mover Telematics Innovation Offers Steady Growth and Competition
Harnessing Innovation And Expansion To Navigate Challenges And Propel Profitability
The Progressive Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$257.60 |
| 52 Week High | US$260.46 |
| 52 Week Low | US$137.59 |
| Beta | 0.35 |
| 11 Month Change | 6.78% |
| 3 Month Change | 23.68% |
| 1 Year Change | 80.87% |
| 33 Year Change | 184.08% |
| 5 Year Change | 233.46% |
| Change since IPO | 77,659.93% |
Recent News & Updates
Progressive Corporation: Accumulate This Amazing Performer On Weaknesses
Aug 27If EPS Growth Is Important To You, Progressive (NYSE:PGR) Presents An Opportunity
Aug 26
Recent updates
Progressive 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 23What You Can Learn From The Progressive Corporation's (NYSE:PGR) P/E
Dec 18Auto 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 21Progressive posts 13% Y/Y increase in January earned premiums
Feb 15Progressive Q4 2022 Earnings Preview
Jan 24The Progressive reduces loss estimates from Hurricane Ian
Dec 21Progressive posts increased premium for November
Dec 14LRT Capital - Progressive Corp: Evolving Towards A Duopoly
Nov 09Shareholder Returns
| PGR | US Insurance | US Market | |
|---|---|---|---|
| 7D | 0.5% | -0.6% | 1.2% |
| 1Y | 80.9% | 31.9% | 30.2% |
Return vs Industry: PGR exceeded the US Insurance industry which returned 31.9% over the past year.
Return vs Market: PGR exceeded the US Market which returned 30.2% over the past year.
Price Volatility
| PGR volatility | |
|---|---|
| PGR Average Weekly Movement | 3.2% |
| Insurance Industry Average Movement | 4.1% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PGR has not had significant price volatility in the past 3 months.
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$151.83b |
| Earnings (TTM) | US$6.86b |
| Revenue (TTM) | US$67.80b |
22.0x
P/E Ratio2.2x
P/S RatioIs PGR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PGR income statement (TTM) | |
|---|---|
| Revenue | US$67.80b |
| Cost of Revenue | US$58.43b |
| Gross Profit | US$9.38b |
| Other Expenses | US$2.51b |
| Earnings | US$6.86b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Oct 15, 2024
| Earnings per share (EPS) | 11.72 |
| Gross Margin | 13.83% |
| Net Profit Margin | 10.12% |
| Debt/Equity Ratio | 29.5% |
How did PGR perform over the long term?
See historical performance and comparisonDividends
0.4%
Current Dividend Yield10%
Payout RatioDoes PGR pay a reliable dividends?
See PGR dividend history and benchmarks| Progressive dividend dates | |
|---|---|
| Ex Dividend Date | Oct 03 2024 |
| Dividend Pay Date | Oct 11 2024 |
| Days until Ex dividend | 9 days |
| Days until Dividend pay date | 17 days |
Does PGR pay a reliable dividends?
See PGR dividend history and benchmarks