The Progressive Corporation (PGR)

NYSE: PGR · IEX Real-Time Price · USD
206.59
+2.69 (1.32%)
At close: Apr 15, 2024, 4:00 PM
207.95
+1.36 (0.66%)
Pre-market: Apr 16, 2024, 4:09 AM EDT
1.32%
Market Cap 121.00B
Revenue (ttm) 62.11B
Net Income (ttm) 3.86B
Shares Out 585.68M
EPS (ttm) 6.58
PE Ratio 31.40
Forward PE 20.20
Dividend $0.30 (0.15%)
Ex-Dividend Date Apr 3, 2024
Volume 3,841,680
Open 207.76
Previous Close 203.90
Day's Range 205.13 - 208.78
52-Week Range 111.41 - 212.24
Beta 0.35
Analysts Buy
Price Target 207.00 (+0.2%)
Earnings Date Apr 12, 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 $207.0, which is an increase of 0.20% from the latest price.

Price Target
$207.0
(0.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

3 days 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:

3 days ago - GlobeNewsWire

3 Stocks to Sell for 2Q 2024

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

Other symbols: HDWING
13 days 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:

4 weeks 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
4 weeks 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 ...

6 weeks 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...

7 weeks 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
2 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:

2 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:

2 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:

4 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 ...

4 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:

5 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...

5 months ago - CNBC Television

Progressive Announces Investor Relations Call

MAYFIELD VILLAGE, OHIO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations conference call on Wednesday, November 1, 202...

6 months ago - GlobeNewsWire

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...

6 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.

6 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:

6 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:

7 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
7 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
7 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
7 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
8 months ago - Market Watch

Progressive Stock Is S&P 500's Best Performer. Here's Why.

The insurance company says it made strides in net premiums written and net premiums earned in July.

8 months ago - Barrons

Cramer's Stop Trading: Progressive

CNBC's Jim Cramer explains why he is keeping an eye on shares of Progressive Corp.

8 months ago - CNBC Television