The Progressive Corporation (PGR)
| Market Cap | 55.94B |
| Revenue (ttm) | 45.71B |
| Net Income (ttm) | 5.47B |
| Shares Out | 584.60M |
| EPS (ttm) | 6.88 |
| PE Ratio | 13.90 |
| Forward PE | 17.04 |
| Dividend | $4.90 (5.12%) |
| Ex-Dividend Date | Oct 6, 2021 |
| Volume | 2,542,795 |
| Open | 94.89 |
| Previous Close | 94.63 |
| Day's Range | 94.68 - 96.49 |
| 52-Week Range | 82.12 - 107.47 |
| Beta | 0.49 |
| Analysts | Hold |
| Price Target | 96.17 (+0.6%) |
| Est. Earnings Date | Jan 26, 2022 |
About PGR
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, 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 insurance for moto...
Financial Performance
In 2020, Progressive's revenue was $42.66 billion, an increase of 9.32% compared to the previous year's $39.02 billion. Earnings were $5.70 billion, an increase of 43.68%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for Progressive stock is "Hold." The 12-month stock price forecast is 96.17, which is an increase of 0.58% from the latest price.
News
These Stocks Are Better Buying Opportunities Compared To Best Buy
We believe that FedEx Corporation stock, Regeneron Pharmaceuticals stock, D.R. Horton Stock, Progressive Corp Stock, and Cigna Corp Stock are currently better valued than Best Buy stock.
Progressive (PGR) Banks on Premium Growth Amid Cost Concerns
Progressive (PGR) holds potential to reap benefits driven by higher premiums from Transportation Network Company business and solid financial position, offset by elevated expenses.
Progressive (PGR) Q3 Earnings Miss Estimates, Premiums Rise
Progressive (PGR) Q3 earnings reflect increase in premiums, offset by higher expenses.
Progressive (PGR) Q3 Earnings and Revenues Lag Estimates
Progressive (PGR) delivered earnings and revenue surprises of -57.58% and -4.66%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Progressive Reports September 2021 Results
MAYFIELD VILLAGE, OHIO, Oct. 14, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for September 2021 and the third quarter of 2021:
Earnings Preview: Progressive
PGR is set to give its latest quarterly earnings report on Thursday, 2021-10-14. Here's what investors need to know before the announcement.
Progressive (PGR) to Report Q3 Earnings: What's in Store?
Progressive's (PGR) third quarter results likely to reflect better premiums and policies in force, partly offset by decline in investment income and higher expenses.
Analysts Estimate Progressive (PGR) to Report a Decline in Earnings: What to Look Out for
Progressive (PGR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Progressive's (PGR) Reports Loss in August, Revenues Rise Y/Y
The Progressive Corporation (PGR) August results reflect loss attributable to increase in expenses.
Progressive Reports August 2021 Results
MAYFIELD VILLAGE, OHIO, Sept. 17, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for August 2021:
AM Best Removes From Under Review With Positive Implications and Upgrades Issuer Credit Ratings of Protective Insuran...
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with positive implications and upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” (Excellent) from “a...
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Progressive's (PGR) July Earnings Decrease Y/Y, Revenues Rise
The Progressive Corporation's (PGR) July earnings decline year over year as improvement in the top line is offset by a rise in expenses.
Progressive Reports July 2021 Results
MAYFIELD VILLAGE, OHIO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for July 2021:
Progressive Announces Quarterly Common and Preferred Share Dividends
MAYFIELD VILLAGE, OHIO, Aug. 09, 2021 (GLOBE NEWSWIRE) -- On August 6, 2021, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share dividend, payable October ...
Progressive Announces Investor Relations Event
MAYFIELD VILLAGE, OHIO, July 28, 2021 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations event on Wednesday, August 4, 2021, beginning a...
The Market's Expensive, but Some Stocks Aren't
Clients and prospects often say to me, “With the market at all-time highs, isn't this a bad time to invest?”
Progressive (PGR) Q2 Earnings Top Estimates, Premiums Up Y/Y
Progressive (PGR) Q2 earnings reflect increase in premiums, partly offset by higher expenses.
Progressive (PGR) Surpasses Q2 Earnings Estimates
Progressive (PGR) delivered earnings and revenue surprises of 29.06% and -2.81%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Progressive Reports June 2021 Results
MAYFIELD VILLAGE, OHIO, July 15, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for June 2021 and the second quarter of 2021:
Progressive's Earnings Outlook
Progressive (NYSE:PGR) will be releasing its next round of earnings this Thursday, July 15. For all of the relevant information, here is your guide for Thursday's Q2 earnings announcement.
This Low-Risk Stock Is a Long-Term Winner
It has been gaining market share over the past decade, along with excellent returns.
BofA Securities Makes Big Midsummer Changes to US 1 List of Top Stock Picks
With the third quarter of 2021 underway and second-quarter earnings reports rolling out in a big way this week, many of the top firms we follow on Wall Street are making some changes to their lists of h...
Progressive (PGR) to Report Q2 Earnings: What's in the Cards?
Progressive's (PGR) second quarter results likely to reflect better premiums and policies in force, partly offset by decline in investment income and higher expenses.