The Progressive Corporation (PGR)

NYSE: PGR · IEX Real-Time Price · USD
203.91
+0.73 (0.36%)
At close: May 24, 2024, 4:00 PM
202.88
-1.03 (-0.51%)
Pre-market: May 28, 2024, 6:28 AM EDT
0.36%
Market Cap 119.43B
Revenue (ttm) 65.05B
Net Income (ttm) 5.74B
Shares Out 585.70M
EPS (ttm) 9.77
PE Ratio 20.87
Forward PE 19.02
Dividend $0.40 (0.20%)
Ex-Dividend Date Jul 3, 2024
Volume 1,288,512
Open 203.46
Previous Close 203.18
Day's Range 203.91 - 203.91
52-Week Range 111.41 - 217.77
Beta 0.34
Analysts Buy
Price Target 213.88 (+4.89%)
Earnings Date Jul 11, 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]

Sector Financials
Founded 1937
Employees 61,400
Stock Exchange NYSE
Ticker Symbol PGR
Full Company Profile

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 Statements

Analyst Forecast

According to 17 analysts, the average rating for PGR stock is "Buy." The 12-month stock price forecast is $213.88, which is an increase of 4.89% from the latest price.

Price Target
$213.88
(4.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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:

12 days ago - GlobeNewsWire

S&P Stocks To Trade In May

For this month, the cycle/relative strength concept is applied. First, the S&P 500 stocks are ranked from the best performer to the worst by calculating the expected return in that month.

Other symbols: AXPGLHASMUODFLPENNWBA
25 days ago - Forbes

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...

27 days ago - GlobeNewsWire

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.

6 weeks ago - Investopedia

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:

6 weeks ago - GlobeNewsWire

3 Stocks to Sell for 2Q 2024

These stocks look significantly overpriced according to Morningstar's metrics.

Other symbols: HDWING
7 weeks ago - Morningstar

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:

2 months ago - GlobeNewsWire

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.

Other symbols: ALLHIGLMNDTRV
2 months ago - CNBC Television

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 ...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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.

Other symbols: DISLDOSNEE
3 months ago - CNBC Television

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:

3 months ago - GlobeNewsWire

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:

4 months ago - GlobeNewsWire

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:

5 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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:

6 months ago - GlobeNewsWire

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...

7 months ago - CNBC Television

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...

7 months ago - PRNewsWire

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.

7 months ago - Benzinga

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:

8 months ago - GlobeNewsWire

Progressive Reports August 2023 Results

MAYFIELD VILLAGE, OHIO, Sept. 15, 2023 (GLOBE NEWSWIRE) --  The Progressive Corporation (NYSE:PGR) today reported the following results for August 2023:

9 months ago - GlobeNewsWire

The UAW Strike Is Almost Here. Stocks to Buy, Sell, and Watch Carefully.

The labor contract between the United Auto Workers and the Detroit-Three automakers expires Thursday. A deal isn't done and the UAW might declare a strike on Friday.

Other symbols: ALLAPTVBWAFGMMBLYRIVN
9 months ago - Barrons

(TEST) The technical trade: IBM, INTC & PGR

Jessica Inskip, OptionsPlay director of product, joins 'Power Lunch' to discuss the technical support for IBM, Intel Corp and Progressive.

Other symbols: IBMINTC
9 months ago - CNBC Television

Potential UAW strike presents a near-term headwind for auto insurers - JPM

J.P.Morgan on Thursday said supply chain disruptions from a potential United Auto Workers (UAW) union strike would cut new vehicle production, drive up used car prices and put pressure on margins in t...

Other symbols: ALL
9 months ago - Reuters

Insurance companies in the spotlight as Hurricane Idalia approaches Florida

Stocks with exposure to the insurance and reinsurance businesses were in the spotlight on Wednesday as Florida's upper Gulf Coast prepared for the landfall of Hurricane Idalia as a Category 4 storm. P...

Other symbols: ACGLAJGALLAONCBEGRNR
9 months ago - Market Watch