The Progressive Corporation (PGR)
| 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 |
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?
Progressive (PGR) Q1 earnings reflect increase in expenses, partly offset by improvement in premiums earned.
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...
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:
Progressive (PGR) is poised to grow given its higher premium and underwriting profitability as well as higher return on equity.
Progressive's (PGR) first-quarter earnings are likely to have gained from improved premiums.
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...
NEW ORLEANS, March 29, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
Progressive's (PGR) February results reflect increase in premiums, fee income and service revenues, partially offset by increase in expenses.
MAYFIELD VILLAGE, OHIO, March 17, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for February 2021:
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Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?
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...
Is it a good or bad thing when a stock surpasses resistance at the 200-day simple moving average?
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...
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.
Progressive (PGR) reported earnings 30 days ago. What's next for the stock?
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...
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...
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Progressive's (PGR) January results reflect higher premiums, and net realized gains on securities, offset by an increase in expenses.
Progressive (PGR) to buy Protective Insurance in a bid to enhance its Commercial Lines business.
MAYFIELD VILLAGE, OHIO, Feb. 17, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for January 2021:
The insurance company announced that it had been acquired by a larger player.
Leader in Commercial Auto Insurance Seeks to Expand Capabilities
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.
Progressive (PGR) Q4 earnings reflect improvement in premiums earned.
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?
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.
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:
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.
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.
Progressive's (PGR) fourth-quarter results are likely to reflect improved premiums and lower loss and loss adjustment expenses ratio.
PGR has benefited enormously from COVID conditions. Although earnings will decline in 2021, Progressive is already fairly priced.
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.
Progressive (PGR) is well-poised for growth, riding on solid policies in force, competitive rate and prudent underwriting and a sturdy capital position
Progressive's (PGR) November results reflect higher premiums driving revenues, net realized gains on securities, offset by an increase in expenses.
MAYFIELD VILLAGE, OHIO, Dec. 18, 2020 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for November 2020:
Insurance giant Progressive Corporation (NYSE:PGR) has a lot on the horizon that investors can get excited about.
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.
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...
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...
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 |
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%.
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.