The Progressive Corporation (PGR)
| Market Cap | 123.65B |
| Revenue (ttm) | 65.05B |
| Net Income (ttm) | 5.74B |
| Shares Out | 585.70M |
| EPS (ttm) | 9.77 |
| PE Ratio | 21.61 |
| Forward PE | 19.44 |
| Dividend | $0.40 (0.19%) |
| Ex-Dividend Date | Jul 3, 2024 |
| Volume | 1,352,941 |
| Open | 208.06 |
| Previous Close | 209.46 |
| Day's Range | 207.48 - 211.22 |
| 52-Week Range | 111.41 - 217.77 |
| Beta | 0.35 |
| Analysts | Buy |
| Price Target | 214.94 (+1.81%) |
| Earnings Date | Jul 16, 2024 |
About PGR
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). This segment's products include personal auto insurance; and special lines products, including i... [Read more]
Financial Performance
In 2023, PGR's revenue was $62.11 billion, an increase of 25.19% compared to the previous year's $49.61 billion. Earnings were $3.86 billion, an increase of 456.41%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for PGR stock is "Buy." The 12-month stock price forecast is $214.94, which is an increase of 1.81% from the latest price.
News
Three-Stock Lunch: Tidewater, Progressive & CRH PLC
Michael Landsberg, CIO of Landsberg Bennett Private Wealth Management, joins 'Power Lunch' to discuss stock plays for three companies: Tidewater, Progressive, and CRH PLC.
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Exactly a month ago, we pointed out that although Nvidia Corp.'s stock had risen 553% from three years earlier, its forward price-to-earnings valuation had declined. With so much in flux, as analysts ...
Progressive Reports May 2024 Results
MAYFIELD VILLAGE, OHIO, June 14, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2024:
S&P Stocks To Trade In June
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Progressive Reports April 2024 Results
MAYFIELD VILLAGE, OHIO, May 15, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended April 30, 2024:
Progressive Announces Investor Relations Call
MAYFIELD VILLAGE, OHIO, April 30, 2024 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations conference call on Tuesday, May 7, 2024, beg...
Progressive's Income Jumps as Insurer Adds More Policies
Shares of Progressive (PGR) gained Friday after the insurance provider posted a more-than-fivefold increase in net income after adding more policies.
Progressive Reports March 2024 Results
MAYFIELD VILLAGE, OHIO, April 12, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended March 31, 2024 and the first quarter of 2024:
3 Stocks to Sell for 2Q 2024
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Progressive Reports February 2024 Results
MAYFIELD VILLAGE, OHIO, March 15, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended February 29, 2024:
TD Cowen's Andrew Kligerman breaks down why drivers are seeing skyrocketing car insurance rates
Andrew Kligerman, TD Cowen managing director, joins 'Power Lunch' to discuss the increase in auto insurance and how it's impacted consumers.
Progressive Announces Quarterly Common Share Dividend
MAYFIELD VILLAGE, OHIO, March 04, 2024 (GLOBE NEWSWIRE) -- On March 1, 2024, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share dividend, payable April ...
Progressive Announces Investor Relations Event
MAYFIELD VILLAGE, OHIO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations event on Tuesday, February 27, 2024, beginnin...
Final Trades: Leidos Holdings, Disney, NextEra Energy and Progressive
Today's 'Halftime Report' Investment Committee, Jenny Harrington, Jim Lebenthal, Joe Terranova, and Steve Weiss give their top picks to watch for the second half.
Progressive Reports January 2024 Results
MAYFIELD VILLAGE, OHIO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended January 31, 2024:
Progressive Reports December 2023 Results
MAYFIELD VILLAGE, OHIO, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for December 2023 and the fourth quarter of 2023:
Progressive Reports November 2023 Results
MAYFIELD VILLAGE, OHIO, Dec. 15, 2023 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for November 2023:
Progressive Announces Dividend Information and 2024 Annual Meeting Record Date
MAYFIELD VILLAGE, OHIO, Dec. 04, 2023 (GLOBE NEWSWIRE) -- On December 1, 2023, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared an annual common share dividend, in the amount ...
Progressive Reports October 2023 Results
MAYFIELD VILLAGE, OHIO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for October 2023:
Progressive CEO Tricia Griffith: We are in the business of trust
Progressive CEO Tricia Griffith joins 'Squawk on the Street' to discuss the state of the overall insurance business, how the higher interest rates are affecting the company's economics, and whether th...
Crash Champions Announces Appointment of Automotive Insurance Industry Veteran Michael Sieger to its Board of Directors
Former Progressive Claims President to Support Crash Champions' Strategic Growth CHICAGO and SANTA MONICA, Calif. , Oct. 24, 2023 /PRNewswire/ -- Crash Champions, LLC ("Crash Champions" or the "Compa...
How Progressive Corp's Stock Leaped Up 8% Following A Stellar Earnings Surprise! - Progressive (NYSE:PGR)
Progressive Corp's PGR recent performance has been remarkable, with earnings far surpassing expectations in the third quarter.
Progressive Reports September 2023 Results
MAYFIELD VILLAGE, OHIO, Oct. 13, 2023 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for September 2023 and the third quarter of 2023: