The Progressive Corporation (PGR)

NYSE: PGR · IEX Real-Time Price · USD
136.31
+1.34 (0.99%)
Feb 3, 2023, 4:00 PM EST - Market closed
0.99%
Market Cap 79.74B
Revenue (ttm) 48.63B
Net Income (ttm) 830.50M
Shares Out 585.00M
EPS (ttm) 1.41
PE Ratio 96.67
Forward PE 20.04
Dividend $0.40 (0.29%)
Ex-Dividend Date Oct 6, 2022
Volume 1,806,844
Open 135.41
Previous Close 134.97
Day's Range 134.64 - 137.36
52-Week Range 100.81 - 139.18
Beta 0.48
Analysts Hold
Price Target 134.33 (-1.45%)
Earnings Date Feb 27, 2023

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]

Sector Financials
Founded 1937
Employees 49,077
Stock Exchange NYSE
Ticker Symbol PGR
Full Company Profile

Financial Performance

In 2021, PGR's revenue was $47.70 billion, an increase of 11.82% compared to the previous year's $42.66 billion. Earnings were $3.32 billion, a decrease of -41.46%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for PGR stock is "Hold." The 12-month stock price forecast is $134.33, which is a decrease of -1.45% from the latest price.

Price Target
$134.33
(-1.45% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Progressive (PGR) Q4 Earnings Top Estimates, Premiums Rise Y/Y

Progressive's (PGR) Q4 earnings reflect improvement in the top line, offset by higher expenses.

1 week ago - Zacks Investment Research

Progressive (PGR) Q4 Earnings and Revenues Beat Estimates

Progressive (PGR) delivered earnings and revenue surprises of 0.67% and 1.63%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Progressive Reports December 2022 Results

MAYFIELD VILLAGE, OHIO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for December 2022 and the fourth quarter of 2022:

1 week ago - GlobeNewsWire

5 Property & Casualty Insurers to Gain Despite Catastrophe Loss

Frequent catastrophes accelerating policy renewal rate and the resultant upward pricing pressure are likely to boost the performance of Zacks Property and Casualty Insurance industry players like BRK....

Other symbols: CBRETRV
2 weeks ago - Zacks Investment Research

Progressive (PGR) to Report Q4 Results: Wall Street Expects Earnings Growth

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

Here's Why You Should Stay Invested in Progressive (PGR) Stock

A compelling product portfolio, leadership position, healthy policies in force, better pricing and a solid retention ratio continue to drive Progressive (PGR).

3 weeks ago - Zacks Investment Research

3 Reasons Why Progressive (PGR) Is a Great Growth Stock

Progressive (PGR) could produce exceptional returns because of its solid growth attributes.

3 weeks ago - Zacks Investment Research

Progressive Announces Updated Loss Estimates From Hurricane Ian

MAYFIELD VILLAGE, OHIO, Dec. 21, 2022 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE: PGR) today reported updated incurred loss estimates related to Hurricane Ian, which made multiple landfalls...

1 month ago - GlobeNewsWire

Progressive (PGR) November Earnings and Revenues Rise Y/Y

Progressive's (PGR) November earnings reflect higher revenues, partially offset by higher expenses.

1 month ago - Zacks Investment Research

Progressive (PGR) Stock Up 25% YTD: Will the Bull Run Continue?

An attractive product portfolio, leadership position, strength in Vehicle and Property businesses, healthy policies in force, retention and solid capital position continue to drive Progressive (PGR).

1 month ago - Zacks Investment Research

Progressive Reports November 2022 Results and Provides Dividend Information and 2023 Annual Meeting Dates

MAYFIELD VILLAGE, OHIO, Dec. 14, 2022 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for November 2022:

1 month ago - GlobeNewsWire

7 Stocks to Buy to Beat Next Year's Interest Rate Blues

With the Federal Reserve committed to tackling historically high inflation through hawkish monetary policies, it's time for investors to consider the best stocks to buy for rising interest rates. Sure...

Other symbols: ABAFLARCCDFSPSXSRE
2 months ago - InvestorPlace

Progressive (PGR) October Earnings Up Y/Y as Revenues Rise

Progressives (PGR) October earnings reflect higher revenues coupled partially offset by higher expenses.

2 months ago - Zacks Investment Research

7 Recession-Resistant Stocks to Batten Down the Hatches

With fears rising regarding a global economic slowdown, investors should consider recession-resistant stocks to batten down the hatches. Fundamentally, one of the biggest concerns that analysts cited ...

Other symbols: FIVEHDKOKRPGRHI
2 months ago - InvestorPlace

UPDATE -- Progressive Reports October 2022 Results

MAYFIELD VILLAGE, OHIO, Nov. 16, 2022 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for October 2022:

2 months ago - GlobeNewsWire

Progressive Reports October 2022 Results

MAYFIELD VILLAGE, OHIO, Nov. 16, 2022 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for October 2022:

2 months ago - GlobeNewsWire

5 Property & Casualty Insurers to Gain Despite Industry Challenges

Frequent catastrophes accelerating policy renewal rate and the resultant upward pricing pressure are likely to boost the performance of Zacks Property and Casualty Insurance industry players like BRK....

Other symbols: CBPRAWRB
3 months ago - Zacks Investment Research

Progressive Announces Investor Relations Call

MAYFIELD VILLAGE, OHIO, Oct. 26, 2022 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations conference call on Wednesday, November 2, 202...

3 months ago - GlobeNewsWire

Here's what pressuring profitability for auto-insurers, according to Wells Fargo's Greenspan

Elyse Greenspan, Wells Fargo senior research analyst, joins 'Power Lunch' to discuss why AllState should not continue with its stock buybacks, what the challenge really is for the company and more.

Other symbols: ALL
3 months ago - CNBC Television

7 Stocks to Buy This Week

With the major equity indices finally ending in positive territory for the trailing five days last week, enthusiasm for stocks to buy this week increased substantially. Nevertheless, it's important to...

Other symbols: DISNFLXOLLIRTXSMRXOM
3 months ago - InvestorPlace

Progressive (PGR) Q3 Earnings Lag Estimates, Premiums Rise Y/Y

Progressive's (PGR) Q3 earnings reflect improvement in the top line, offset by higher expenses.

4 months ago - Zacks Investment Research

Progressive (PGR) Misses Q3 Earnings and Revenue Estimates

Progressive (PGR) delivered earnings and revenue surprises of -60.48% and 1.23%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Progressive Reports September 2022 Results

MAYFIELD VILLAGE, OHIO, Oct. 13, 2022 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for September 2022 and the third quarter of 2022:

4 months ago - GlobeNewsWire

Final Trades: Progressive, Dollar General, Seagate & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: DGSTXIYH
4 months ago - CNBC Television

Name Your Own Price With This Insurance Giant

One way we can sidestep the recent volatility is to target the pockets of the market that are showing immunity to the downside moves.

Other symbols: IAK
4 months ago - Zacks Investment Research