PGR logo

Progressive (PGR) Stock

Profile

Sector:

Financial Services

Industry:

Insurance - Property & Casualty

Country:

United States

IPO:

17 March 1980

Indexes:

S&P 500

Website:

http://www.progressive.com

Description:

Progressive Corporation is an American insurance company founded in 1965, based in Mayfield, Ohio. Together with its subsidiaries, The Progressive Corporation provides personal and commercial auto insurance, property insurance, and liability insurance primarily in the United States. Personal Lines segment. The segment's services include insurance for personal automobiles, recreational vehicles, as well as specialty vehicles such as motorcycles, ATVs, RVs, jet skis, snowmobiles, and more. Commercial Lines segment - provides services for insuring vehicles, physical damage, liability insurance, and property related to business.

Key Details

Price

$267.11

Market Cap

$156.48 B(Mega cap)

Last Dividend

$0.10

TTM Dividend Yield

0.43%(+79.17% YoY)

Annual Revenue

$62.08 B(+25.20% YoY)

Annual EPS

$6.58(+457.63% YoY)

PE Ratio

19.41(-45.86% YoY)

Annual ROE

21.58%

Annual Debt To Equity

0.34

Beta

0.17

Events Calendar

Earnings

Next earnings date:

Jan 24, 2025

Recent quarterly earnings:

Nov 04, 2024

Recent annual earnings:

Jan 24, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Oct 03, 2024
Splits

Next split:

N/A

Recent split:

Jan 27, 2014

Analyst ratings

Recent major analysts updates

18 Nov '24 B of A Securities
Buy
08 Nov '24 TD Cowen
Hold
06 Nov '24 Evercore ISI Group
Outperform
23 Oct '24 Barclays
Equal-Weight
18 Oct '24 Morgan Stanley
Overweight
16 Oct '24 Keefe, Bruyette & Woods
Outperform
16 Oct '24 B of A Securities
Buy
10 Oct '24 JP Morgan
Overweight
10 Oct '24 B of A Securities
Buy
09 Oct '24 Jefferies
Buy

Screeners with PGR included

Mega cap stocks
S&P 500 companies
S&P 500 companies earnings calendar
S&P 500 companies dividend calendar
Biggest stock losers today
Stocks above SMA 50
Stocks with low beta
S&P 500 companies dividend calendar
Most recommended stocks
Stocks below analysts price target

Market Data

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Current Price

$267.11
PGR price is $267.11

Price YTD Change

+63.13%
PGR price is up +63.13% since January 1st

Price All-time High

$268.50
PGR price is currently -0.52% below its historical high of $268.50

Price Analysts Target

$287.00
PGR price is currently -6.93% lower than the consensus analysts' forecast

Market Cap

$156.48 B
PGR market capitalization is $156.48 billion

Beta

0.17
PGR beta is 0.17

200-day SMA

$224.08
PGR 200-day simple moving average is currently +19.20% above its 200-day simple moving average

14-day RSI

64.97
PGR 14-day relative strength index is 64.97

Dividend

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Last Paid Dividend

$0.10
PGR dividend per share is $0.10

Annual Dividend Per Share

$0.40
PGR annual dividend per share is $0.40

Annual Dividend Sector Rank

17.99%
PGR annual dividend per share is higher than 17.99% of companies in Financial Services sector

TTM Dividend Yield

0.43%
PGR TTM dividend yield is 0.43%

TTM Dividend Yield Sector Rank

2.11%
PGR TTM dividend yield is higher than 2.11% of companies in Financial Services sector

Annual Payout Ratio

7.11%
PGR annual payout ratio is 7.11%

Annual Dividends Paid

$277.60 M
PGR annual dividends paid is $277.60 million

Annual FCF

$10.39 B
PGR annual free cash flow is $10.39 billion

Profitability

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Annual Revenue 3-Year Change

+45.6%
PGR annual revenue is up +45.6% over the past 3 years

Annual Revenue Estimate

$74.79 B
PGR annual revenue is currently -17.00% lower than the consensus analysts' forecast

Annual Net Income 3-Year Change

-31.59%
PGR annual net profit is down -31.59% over the past 3 years

Annual EPS 3-Year Change

-31.88%
PGR annual earnings per share is down -31.88% over the past 3 years

Annual EPS Estimate

$13.15
PGR annual earnings per share is currently -49.95% lower than the consensus analysts' forecast

Efficiency

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Annual Net Margin Sector Rank

25.27%
PGR annual net profit margin is higher than 25.27% of companies in Financial Services sector

Annual ROE

21.58%
PGR annual return on equity is 21.58%

Annual ROA

4.75%
PGR annual return on assets is 4.75%

Annual EBIT

$5.17 B
PGR annual earnings before interest & taxes is $5.17 billion

Annual EBITDA

$5.47 B
PGR annual earnings before interest, taxes, depreciation & amortization is $5.47 billion

Annual Interest Coverage Ratio

19.27
PGR annual interest coverage ratio is 19.27

Valuation

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PE Ratio Sector Rank

61.15%
PGR price to earnings ratio is higher than 61.15% of companies in Financial Services sector

PB Ratio Sector Rank

90.42%
PGR price to book ratio is higher than 90.42% of companies in Financial Services sector

PS Ratio Sector Rank

30.34%
PGR price to sales ratio is higher than 30.34% of companies in Financial Services sector

Enterprise Value

$163.23 B
PGR enterprise value is $163.23 billion

Enterprise Value 1-Year Change

+58.12%
PGR enterprise value is up +58.12% year-on-year

EV/EBITDA

15.08
PGR EV/EBITDA is 15.08

EV/EBITDA Sector Rank

85.52%
PGR EV/EBITDA is higher than 85.52% of companies in Financial Services sector

Liquidity

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Annual Debt To Equity Sector Rank

51.93%
PGR annual debt to equity ratio is higher than 51.93% of companies in Financial Services sector

Annual Total Assets

$88.69 B
PGR annual total assets is $88.69 billion

Annual Current Assets

$79.55 B
PGR annual total current assets is $79.55 billion

Annual Total Liabilities

$68.41 B
PGR annual total liabilities is $68.41 billion

Cash Flow

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Annual CFO 3-Year Change

+54.13%
PGR annual cash flow from operations is up +54.13% over the past 3 years

Annual CFI 3-Year Change

-77.23%
PGR annual cash flow from investing activities is down -77.23% over the past 3 years

Annual CFF 3-Year Change

+108.31%
PGR annual cash flow from financing activities is up +108.31% over the past 3 years

Annual CAPEX

$252.00 M
PGR annual capital expenditures is $252.00 million

Annual CAPEX 3-Year Change

+12.75%
PGR annual capital expenditures is up +12.75% over the past 3 years

Annual FCF

$10.39 B
PGR annual free cash flow is $10.39 billion

Annual FCF 3-Year Change

+55.51%
PGR annual free cash flow is up +55.51% over the past 3 years

Institutional Ownership

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FAQ

  • What is the primary business of Progressive?
  • What is the ticker symbol for Progressive?
  • Does Progressive pay dividends?
  • What sector is Progressive in?
  • What industry is Progressive in?
  • What country is Progressive based in?
  • When did Progressive go public?
  • Is Progressive in the S&P 500?
  • Is Progressive in the NASDAQ 100?
  • Is Progressive in the Dow Jones?
  • When was Progressive's last earnings report?
  • When does Progressive report earnings?
  • Should I buy Progressive stock now?

What is the primary business of Progressive?

Progressive Corporation is an American insurance company founded in 1965, based in Mayfield, Ohio. Together with its subsidiaries, The Progressive Corporation provides personal and commercial auto insurance, property insurance, and liability insurance primarily in the United States. Personal Lines segment. The segment's services include insurance for personal automobiles, recreational vehicles, as well as specialty vehicles such as motorcycles, ATVs, RVs, jet skis, snowmobiles, and more. Commercial Lines segment - provides services for insuring vehicles, physical damage, liability insurance, and property related to business.

What is the ticker symbol for Progressive?

The ticker symbol for Progressive is NYSE:PGR

Does Progressive pay dividends?

Yes, Progressive pays dividends. The last payment was $0.10, with an ex-dividend date on 03 October 2024

What sector is Progressive in?

Progressive is in the Financial Services sector

What industry is Progressive in?

Progressive is in the Insurance - Property & Casualty industry

What country is Progressive based in?

Progressive is headquartered in United States

When did Progressive go public?

Progressive's initial public offering (IPO) was on 17 March 1980

Is Progressive in the S&P 500?

Yes, Progressive is included in the S&P 500 index

Is Progressive in the NASDAQ 100?

No, Progressive is not included in the NASDAQ 100 index

Is Progressive in the Dow Jones?

No, Progressive is not included in the Dow Jones index

When was Progressive's last earnings report?

Progressive's most recent earnings report was on 4 November 2024

When does Progressive report earnings?

The next expected earnings date for Progressive is 24 January 2025

Should I buy Progressive stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions