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The Progressive Corporation (PGR)

NYSE: PGR · IEX Real-Time Price · USD
95.94
+0.32 (0.34%)
After-hours:Oct 22, 2021 7:32 PM EDT
95.62
0.99 (1.05%)
At close: Oct 22, 4:00 PM
Market Cap55.94B
Revenue (ttm)45.71B
Net Income (ttm)5.47B
Shares Out584.60M
EPS (ttm)6.88
PE Ratio13.90
Forward PE17.04
Dividend$4.90 (5.12%)
Ex-Dividend DateOct 6, 2021
Volume2,542,795
Open94.89
Previous Close94.63
Day's Range94.68 - 96.49
52-Week Range82.12 - 107.47
Beta0.49
AnalystsHold
Price Target96.17 (+0.6%)
Est. Earnings DateJan 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...

IndustryInsurance
Founded1937
CEOSusan Griffith
Employees43,326
Stock ExchangeNYSE
Ticker SymbolPGR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$96.17
(0.58% upside)
Analyst Consensus: Hold

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.

Other symbols:CIDHIFDXREGN
4 days ago - Forbes

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.

1 week ago - Zacks Investment Research

Progressive (PGR) Q3 Earnings Miss Estimates, Premiums Rise

Progressive (PGR) Q3 earnings reflect increase in premiums, offset by higher expenses.

1 week ago - Zacks Investment Research

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?

1 week ago - Zacks Investment Research

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:

1 week ago - GlobeNewsWire

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.

1 week ago - Benzinga

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.

1 week ago - Zacks Investment Research

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.

2 weeks ago - Zacks Investment Research

Progressive's (PGR) Reports Loss in August, Revenues Rise Y/Y

The Progressive Corporation (PGR) August results reflect loss attributable to increase in expenses.

1 month ago - Zacks Investment Research

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:

1 month ago - GlobeNewsWire

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...

1 month ago - Business Wire

3 Value Stocks That Can Protect You From Inflation

If inflation persists and interest rates rise, these three stocks could benefit.

Other symbols:ALLCB
2 months ago - The Motley Fool

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.

2 months ago - Zacks Investment Research

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:

2 months ago - GlobeNewsWire

Tuesday Afternoon Analyst Upgrades and Downgrades: Lululemon, Progressive, Rackspace, Tesla and More

With the trading day more than halfway over, the broad markets were in full retreat.

Other symbols:LULURXTTSLACBSKILVFC
2 months ago - 24/7 Wall Street

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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?”

Other symbols:COODHI
2 months ago - GuruFocus

Progressive (PGR) Q2 Earnings Top Estimates, Premiums Up Y/Y

Progressive (PGR) Q2 earnings reflect increase in premiums, partly offset by higher expenses.

3 months ago - Zacks Investment Research

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?

3 months ago - Zacks Investment Research

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:

3 months ago - GlobeNewsWire

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.

3 months ago - Benzinga

This Low-Risk Stock Is a Long-Term Winner

It has been gaining market share over the past decade, along with excellent returns.

3 months ago - The Motley Fool

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...

Other symbols:ACGLAVGOCNRG
3 months ago - 24/7 Wall Street

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.

3 months ago - Zacks Investment Research