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The Progressive Corporation (PGR)

Stock Price: $92.92 USD -0.84 (-0.90%)
Updated Jun 16, 2021 4:00 PM EDT - Market closed
Market Cap 54.48B
Revenue (ttm) 44.78B
Net Income (ttm) 6.46B
Shares Out 584.90M
EPS (ttm) 11.00
PE Ratio 8.45
Forward PE 15.90
Dividend $4.90
Dividend Yield 5.27%
Trading Day June 16
Last Price $92.92
Previous Close $93.76
Change ($) -0.84
Change (%) -0.90%
Day's Open 93.21
Day's Range 92.13 - 94.48
Day's Volume 4,435,627
52-Week Range 72.54 - 107.58

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MAYFIELD VILLAGE, OHIO, June 16, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for May 2021:

8 hours ago - GlobeNewsWire

Progressive (PGR) is poised to grow given its solid segmental performance, underwriting profitability and growing cash balance

1 week ago - Zacks Investment Research

The shares of Progressive Corporation (NYSE:PGR) are down 4% to trade at $96.34 at last check, after Morgan Stanley downgraded the stock to "underweight," with a price-target cut to $85 from $90.

1 week ago - Schaeffers Research

MAYFIELD VILLAGE, Ohio, June 01, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE: PGR) today announced that it has successfully completed the acquisition of Protective Insurance Corporation (...

Other stocks mentioned: PTVCA, PTVCB
2 weeks ago - GlobeNewsWire

MAYFIELD VILLAGE, OHIO, June 01, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE: PGR) today announced that it has successfully completed the acquisition of Protective Insurance Corporation (...

2 weeks ago - GlobeNewsWire

Insurers faced larger-than-expected losses in the first quarter due to the Texas freeze. Here's why they will be OK.

Other stocks mentioned: LMND
2 weeks ago - The Motley Fool

Progressive's (PGR) April results reflect solid policies in force and higher net premiums earned, offset by rise in expenses and lower net investment income.

3 weeks ago - Zacks Investment Research

MAYFIELD VILLAGE, OHIO, May 19, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for April 2021:

4 weeks ago - GlobeNewsWire

Wedgewood Partners Chief Investment Officer David Rolfe (Trades, Portfolio) disclosed his portfolio for the first quarter of 2021 earlier this week.

Other stocks mentioned: BKNG, BMY, ODFL, PYPL, TPR, V
4 weeks ago - GuruFocus

Progressive has posted impressive margins for years, and is handily beating the S&P 500 in the process.

4 weeks ago - The Motley Fool

Despite gaining more than 50% over the past few months, Allstate's stock still looks super cheap.

Other stocks mentioned: ALL, BX
1 month ago - The Motley Fool

Berkshire Hathaway's ( BRK.A , Financial) ( BRK.B , Financial) GEICO is the second-largest auto insurer in the U.S.

1 month ago - GuruFocus

After stocks sharply rebounded yesterday, the markets climbed for a second consecutive day. Make the most of it with today's top buys from Q.ai's artificial intelligence.

Other stocks mentioned: JBL, LOW, RLGT, TKR
1 month ago - Forbes

MAYFIELD VILLAGE, OHIO, May 10, 2021 (GLOBE NEWSWIRE) -- On May 7, 2021, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share quarterly dividend, payable Ju...

1 month ago - GlobeNewsWire

MAYFIELD VILLAGE, OHIO, April 28, 2021 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations conference call on Wednesday, May 5, 2021, beg...

1 month ago - GlobeNewsWire

The shares of Progressive Corp (NYSE:PGR) are down 0.8% to trade at $97.99 at last check, after a downgrade from Raymond James to "outperform" from "strong buy.

1 month ago - Schaeffers Research

Virgin Galactic Holdings Inc (NYSE:SPCE) shares are trading lower by 11.5% Thursday morning after Richard Branson cut his stake in the company by $150 million. Virgin Galactic is a vertically integrated...

Other stocks mentioned: SPCE
2 months ago - Benzinga

Progressive (PGR) delivered earnings and revenue surprises of -3.37% and -1.80%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Progressive (PGR) Q1 earnings reflect increase in expenses, partly offset by improvement in premiums earned.

2 months ago - Zacks Investment Research

Shares of Progressive (NYSE:PGR) rose 1.5% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 47.86% over the past year to $1.73, which beat the es...

2 months ago - Benzinga

MAYFIELD VILLAGE, OHIO, April 15, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for March and the first quarter of 2021:

2 months ago - GlobeNewsWire

Progressive (PGR) is poised to grow given its higher premium and underwriting profitability as well as higher return on equity.

2 months ago - Zacks Investment Research

Progressive's (PGR) first-quarter earnings are likely to have gained from improved premiums.

2 months ago - Zacks Investment Research

GuruFocus founder Dr. Charlie Tian went live today to present members with a look at some of the new operating data that has been added to the website alongside covering several topics that were briefly...

Other stocks mentioned: WMT
2 months ago - GuruFocus

NEW ORLEANS, March 29, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

2 months ago - PRNewsWire

With the trading day about halfway over, the broad markets were sliding into the weekend.

Other stocks mentioned: DG, SBUX, TAP, TAP.A, ADN, LAZR, RDS.A ...
2 months ago - 24/7 Wall Street

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned financial stocks have grown their book value per share over the past decade through March 19.

Other stocks mentioned: ALL, BK, TD, BRK.A, BRK.B
2 months ago - GuruFocus

Progressive's (PGR) February results reflect increase in premiums, fee income and service revenues, partially offset by increase in expenses.

2 months ago - Zacks Investment Research

MAYFIELD VILLAGE, OHIO, March 17, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for February 2021:

2 months ago - GlobeNewsWire

Some are concerned about inflation as the U.S. passes $5 trillion in fiscal stimulus since the pandemic began last March. Here are four solid stocks you can own to allay those fears.

Other stocks mentioned: CB, GBCI, USB
3 months ago - The Motley Fool

Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.

3 months ago - Zacks Investment Research

Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.

3 months ago - Zacks Investment Research

When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?

3 months ago - Zacks Investment Research

MAYFIELD VILLAGE, Ohio, March 10, 2021 /PRNewswire/ -- (NYSE: PGR) – Progressive Insurance today announced Jeff Charney's intention to retire as Chief Marketing Officer of Progressive, a position he has...

3 months ago - PRNewsWire

Is it a good or bad thing when a stock surpasses resistance at the 200-day simple moving average?

3 months ago - Zacks Investment Research

MAYFIELD VILLAGE, OHIO, March 05, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of The Progressive Corporation (NYSE:PGR) today declared a $0.10 per common share dividend, payable April 15, 2021, to s...

3 months ago - GlobeNewsWire

According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of March 5.

Other stocks mentioned: FB, INTC, LAD, TD
3 months ago - GuruFocus

Progressive (PGR) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Protective Insuran...

3 months ago - Business Wire

MAYFIELD VILLAGE, OHIO, Feb. 23, 2021 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations conference call on Tuesday, March 2, 2021, begi...

3 months ago - GlobeNewsWire

7 Property and Casualty Insurers to Watch as Pricing Improves

Other stocks mentioned: ALL, CB, CINF, MKL, TRV
3 months ago - Zacks Investment Research

Root is looking to shake up the industry with plans to eliminate credit scores from its pricing models entirely by 2025.

Other stocks mentioned: ALL, ROOT
3 months ago - The Motley Fool

Progressive's (PGR) January results reflect higher premiums, and net realized gains on securities, offset by an increase in expenses.

3 months ago - Zacks Investment Research

Progressive (PGR) to buy Protective Insurance in a bid to enhance its Commercial Lines business.

3 months ago - Zacks Investment Research

MAYFIELD VILLAGE, OHIO, Feb. 17, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for January 2021:

3 months ago - GlobeNewsWire

The insurance company announced that it had been acquired by a larger player.

Other stocks mentioned: PTVCA
4 months ago - The Motley Fool

Leader in Commercial Auto Insurance Seeks to Expand Capabilities

4 months ago - GlobeNewsWire

The insurance market covers several areas like auto, home and property. Insurance stocks can be good for value and income investors as they typically come with dividends.

Other stocks mentioned: ALL, ROOT
4 months ago - Benzinga

Other stocks mentioned: ALL, SPGI
4 months ago - GuruFocus

Progressive (PGR) Q4 earnings reflect improvement in premiums earned.

4 months ago - Zacks Investment Research

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... [Read more...]

Industry
Insurance-Property & Casualty
Founded
1937
CEO
Susan Griffith
Employees
43,326
Stock Exchange
NYSE
Ticker Symbol
PGR
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 Forecasts

According to 19 analysts, the average rating for Progressive stock is "Buy." The 12-month stock price forecast is 103.17, which is an increase of 11.03% from the latest price.

Price Target
$103.17
(11.03% upside)
Analyst Consensus: Buy