The Progressive Corporation (PGR) Stock Price, Quote, News & Analysis

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PGR The Progressive Corporation
Stock Price & Overview

$211.184.25 (+2.05%)4:00 PM 05/31/24
NYSE | $USD | Post-Market: $211.95 +0.77 (+0.36%) 7:35 PM

Charts

52 Week Range
111.41
217.77
Day Range
207.22
211.35
EPS (FWD)
11.47
PE (FWD)
18.05
Div Rate (TTM)
$1.15
Yield (TTM)
0.56%
Market Cap
$121.20B
Volume
4,520,787
Prev. Close
$206.93

Quant Ranking

Ratings Summary

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ETFs Holding PGR

PGR Company Profile

The Progressive Corporation logo
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related 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 motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, and pick-up trucks used by small businesses, as well as non-fleet taxis, black-car services, and airport taxis; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks used by light contractors and heavy constructions; log trucks and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance. The company offers policy issuance and claims adjusting services; acts as an agent to homeowners, general liability, workers’ compensation insurance, and other products; and reinsurance services. It sells its products through independent insurance agencies, as well as through mobile applications and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.
Employees
61,432
Founded
1937
Address
  • 6300 Wilson Mills Road
  • Mayfield, OH, 44143
  • United States
Phone Number
440 461 5000

PGR Earnings Per Share

Earnings Estimates

FY
EPS
YoY
PE
Sales
YoY
2024
11.47
+86.03%
18.05
$72.61B
+17.98%
2025
11.95
+4.24%
17.31
$82.01B
+12.94%
2026
13.06
+9.27%
15.84
$91.20B
+11.20%

Earnings Revisions

Rating:
FY1 Up Revisions
18
FY1 Down Revisions
0
0% Down100% Up

Valuation

Rating:
P/E Non-GAAP (FWD)
18.05
P/E GAAP (TTM)
21.18
Price/Book (TTM)
5.56
EV/Sales (TTM)
1.97
EV/EBITDA (TTM)
16.27

Growth

Rating:
Revenue (YoY)
24.93%
Revenue 3 Year (CAGR)
13.25%
EPS Diluted (YoY)
592.69%
EPS Diluted 3 Year (CAGR)
-3.85%
Levered FCF (YoY)
262.28%

Profitability

Rating:
Gross Profit Margin
12.18%
EBIT Margin
11.63%
Net Income Margin
8.90%
Return on Equity
29.92%
Return on Assets
6.15%

Momentum

Rating:
Ticker
3M
6M
9M
1Y
PGR
+9.16%
+26.15%
+54.39%
+61.58%
SP500
+2.73%
+14.62%
+15.96%
+24.49%

52 Week Range

111.41
Last price: 211.18
217.77

Capital Structure

Market Cap
$121.20B
Total Debt
$6.89B
Cash
$1.48B
Other
$493.90M
Enterprise Value
$127.93B

Trading Data

Volume
4.52M
Average Volume (3 months)
2.69M
Previous Close
206.93
Open
207.45
Shares Outstanding (Ticker)
585.70M

PGR Dividends

Dividend Yield (TTM)
0.56%
Annual Payout (TTM)
$1.15
Payout Ratio
12.42%
5 Year Growth Rate (CAGR)
-15.14%
Years of Growth
0 Years
Latest Announced Dividend
$0.10
Ex-Dividend Date
7/3/2024
Payout Date
7/12/2024
Frequency
Quarterly

PGR Dividend Growth History

PGR Ownership

Type
Common Stock Held
% of Shares Outstanding
Market Value
Composition
Institutions
514.43M
87.83%
108.64B
Corporations (Private)
37,422
0.01%
7.90M
Individuals / Insiders
1.75M
0.30%
369.35M
State Owned Shares
670,660
0.11%
141.63M
Public and Other
68.81M
11.75%
14.53B
Total
585.70M
100.00%
123.69B

PGR Peers

Title
CBTRVALLACGL
Company name
Chubb Limited
The Travelers Companies, Inc.
The Allstate Corporation
Arch Capital Group Ltd.
Industry
Property and Casualty InsuranceProperty and Casualty InsuranceProperty and Casualty InsuranceProperty and Casualty Insurance
Market Cap
111.26B
48.66B
43.54B
37.92B
Employees
40,000
33,134
53,200
6,400

Go Premium to see ratings on PGR peers.

Risk

24M Beta
0.42
Altman Z Score
-

Technicals

Title
10D SMA
50D SMA
200D SMA
Simple Moving Average
206.13
208.85
173.44
Last Price vs SMA
+0.39%
-0.92%
+19.31%

PGR Income Statement

Revenue (TTM)
65.02B
Revenue Per Share
111.14
Gross Profit (TTM)
7.92B
EBITDA (TTM)
7.87B
Net Income (TTM)
5.79B
EPS Diluted (TTM)
$9.77
Full Income Statement »

PGR Balance Sheet

Total Cash (MRQ)
1.48B
Total Cash Per Share
0.26
Total Debt (MRQ)
6.89B
Total Debt to Equity (MRQ)
31.59%
Current Ratio (MRQ)
0.33
Quick Ratio (MRQ)
0.24
Full Balance Sheet »

PGR Cash Flow Statement

Cash from Operations (TTM)
12.43B
Cash from Investing (TTM)
-11.69B
Levered Free Cash Flow (TTM)
12.83B
Unlevered Free Cash Flow (TTM)
13.00B
Free Cash Flow / Share (TTM)
$20.74

PGR Long Term Solvency

Total Debt / Equity (MRQ)
31.59
Total Debt / Capital (MRQ)
24.01
LT Debt / Equity (MRQ)
31.59
LT Debt / Total Capital (MRQ)
24.01
Total Liabilities / Total Assets (MRQ)
76.83

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The Progressive Corporation (PGR) Frequently Asked Questions

  • 21 analysts have issued ratings. Wall Street analysts rate PGR as Bullish on average, for a Wall Street consensus of buy. View PGR’s ratings here. 2 Seeking Alpha authors also rated the stock, and their ratings often outperform those of Wall Street analysts. Here are their ratings on PGR
  • The Progressive Corporation is currently listed on NYSE under PGR. One share of PGR stock can currently be purchased for approximately $211.18.
  • The Progressive Corporation’s current P/E Non-GAAP (TTM) sector relative grade is D-. With Seeking Alpha Premium, you can easily view each stock's full value grade, which takes into account key metrics such as P/E ratio, Price/Book, Price/Sales and Enterprise Value to EBITDA. See more detailed value information.
  • The Progressive Corporation is listed on the NYSE as (NYSE:PGR).
  • The Progressive Corporation's stock symbol is PGR and currently trades under NYSE. It’s current price per share is approximately $211.18.
  • 21 Wall Street analysts have issued ratings. Currently, 11 analysts rated PGR as Bullish, 1 rated it Bearish, and 9 rated it Neutral. This suggests a possible increase. View PGR’s analyst predictions. 2 Seeking Alpha authors also rated the stock, and their ratings often outperform those of Wall Street analysts. Here are their ratings on PGR
  • Currently, 11 Wall Street analysts rated PGR as Bullish, while 1 were Bearish, and 9 rated it Neutral. This suggests a consensus of PGR going up. View PGR’s ratings here. 2 Seeking Alpha authors also rated the stock, and their ratings often outperform those of Wall Street analysts. Here are their ratings on PGR
  • A few of The Progressive Corporation’s main competitors are CB, TRV, ALL, ACGL, HIG. View more information about The Progressive Corporation’s competitors here.
  • In the past 6 months, PGR has trended up by 26.15%, and in the past year, PGR has trended up by 61.58%. View PGR’s growth information.
  • The Progressive Corporation’s has been growing its dividend for 0.0 years at a rate of -15.14% per year for the last 5 years (CAGR). You can view The Progressive Corporation’s full dividend history and dividend summary on its Dividend Scorecard page.
  • People who follow The Progressive Corporation (PGR) also follow MMC, ALL, AJG, AON. Read more about PGR’s peers.

People Also Follow

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CB
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TRV
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ALL
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The Allstate Corporation
ACGL
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Arch Capital Group Ltd.
HIG
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The Hartford Financial Services Group, Inc.

ETFs Holding PGR