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The Progressive Corporation (PGR)

Stock Price: $98.76 USD -1.64 (-1.63%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
Pre-market: $98.25 -0.51 (-0.52%) Apr 19, 4:01 AM
Market Cap 57.79B
Revenue (ttm) 42.66B
Net Income (ttm) 5.68B
Shares Out 584.90M
EPS (ttm) 11.00
PE Ratio 8.98
Forward PE 16.86
Dividend $4.90
Dividend Yield 4.96%
Trading Day April 16
Last Price $98.76
Previous Close $100.40
Change ($) -1.64
Change (%) -1.63%
Day's Open 100.26
Day's Range 98.68 - 100.61
Day's Volume 2,914,223
52-Week Range 67.86 - 101.49

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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?

3 days ago - Zacks Investment Research

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

3 days 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...

3 days 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:

3 days ago - GlobeNewsWire

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

5 days ago - Zacks Investment Research

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

6 days 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
1 week ago - GuruFocus

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

2 weeks 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 ...
4 weeks 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
4 weeks ago - GuruFocus

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

1 month 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:

1 month 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
1 month 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.

1 month 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.

1 month 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?

1 month 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...

1 month ago - PRNewsWire

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

1 month 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...

1 month 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
1 month ago - GuruFocus

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

1 month 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...

1 month 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...

1 month ago - GlobeNewsWire

7 Property and Casualty Insurers to Watch as Pricing Improves

Other stocks mentioned: ALL, CB, CINF, MKL, TRV
1 month 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
1 month ago - The Motley Fool

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

2 months ago - Zacks Investment Research

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

2 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:

2 months ago - GlobeNewsWire

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

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

Leader in Commercial Auto Insurance Seeks to Expand Capabilities

2 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
2 months ago - Benzinga

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

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

2 months ago - Zacks Investment Research

Progressive (PGR) delivered earnings and revenue surprises of 8.93% and -6.15%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Shares of Progressive (NYSE:PGR) were flat after the company reported Q4 results. Quarterly Results Earnings per share were down 13.26% year over year to $1.57, which missed the estimate of $1.66.

2 months ago - Benzinga

MAYFIELD VILLAGE, OHIO, Jan. 27, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for December 2020 and the fourth quarter of 2020:

2 months ago - GlobeNewsWire

On Wednesday, January 27, Progressive (NYSE:PGR) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

2 months ago - Benzinga

Progressive is an ideal type of investment and a well-run business, according to Warren Buffett. The company delivered an earnings surprise of 10.65% in the recent quarter's earnings report.

2 months ago - Seeking Alpha

Progressive's (PGR) fourth-quarter results are likely to reflect improved premiums and lower loss and loss adjustment expenses ratio.

2 months ago - Zacks Investment Research

Better pricing and underwriting practice, exposure growth and sturdy capital are expected to help these insurers outperform Q4 earnings estimates.

Other stocks mentioned: ACGL, ALL, TRV, UIHC, WRB
3 months ago - Zacks Investment Research

PGR has benefited enormously from COVID conditions. Although earnings will decline in 2021, Progressive is already fairly priced.

3 months ago - Seeking Alpha

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 Dec. 28.

Other stocks mentioned: HD, SCHW, TD, USB
3 months ago - GuruFocus

Progressive (PGR) is well-poised for growth, riding on solid policies in force, competitive rate and prudent underwriting and a sturdy capital position

3 months ago - Zacks Investment Research

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned stocks have grown their book value per share over the past decade through Dec. 21.

Other stocks mentioned: AFL, GL, SIGI, BRK.A, BRK.B
3 months ago - GuruFocus

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

3 months ago - Zacks Investment Research

MAYFIELD VILLAGE, OHIO, Dec. 18, 2020 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for November 2020: 

4 months ago - GlobeNewsWire

Insurance giant Progressive Corporation (NYSE:PGR) has a lot on the horizon that investors can get excited about.

4 months ago - Schaeffers Research

Investors seeking opportunities amid growing companies may want to consider the following three stocks, as their share prices are trading lower than their Peter Lynch Fair Values.

Other stocks mentioned: ITOCY, REGN
4 months ago - GuruFocus

MAYFIELD VILLAGE, OHIO, Dec. 04, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of The Progressive Corporation (NYSE:PGR) today declared a quarterly common share dividend, in the amount of $0.10 per sh...

4 months ago - GlobeNewsWire

The following insurance companies have grown their earnings per share over a five-year period. According to the GuruFocus discounted cash flow calculator as of Nov. 4, all of them also trade with a marg...

Other stocks mentioned: CINF, GL, SIGI
4 months ago - GuruFocus

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 102.60, which is an increase of 3.89% from the latest price.

Price Target
$102.60
(3.89% upside)
Analyst Consensus: Buy