Progressive/PGR
$207.98
0.47%-
1D1W1MYTD1YMAX
About Progressive
The Progressive Corporation is an insurance holding company, which has insurance and non-insurance subsidiaries and affiliates. The Company’s segments include Personal Lines, Commercial Lines, Property and Other indemnity. The Personal Lines segment writes insurance for personal autos and recreational vehicles. The segment consists of personal auto and special lines products. Commercial Lines segment writes auto-related liability and physical damage insurance, business-related general liability and property insurance predominately for small businesses, and workers’ compensation insurance primarily for the transportation industry. Property segment writes residential property and renters’ insurance in virtually all states, primarily in the independent agency channel and through select agents under its Platinum program. The regulated programs include several mandatory state pools, such as the Michigan Catastrophic Claims Association, Florida Hurricane Catastrophe Fund and others.
Ticker
PGR
Sector
Financials
Trading on
NYSE
Industry
Insurance (Prop. & Casualty)
CEO
Susan Griffith
Employees
61,400
Headquarters
Mayfield village, United States
Website
www.progressive.com
Progressive Metrics
BasicAdvanced
$123B
Market cap
21.41
P/E ratio
$9.77
EPS
0.35
Beta
$0.40
Dividend rate
0.19%
Dividend yield
Price and volume
Market cap
$123B
Beta
0.34759
52-week high
$217.77
52-week low
$111.41
Average daily volume
2.7M
Dividend rate
$0.40
Financial strength
Long term debt to equity
31.588
Total debt to equity
31.588
Dividend payout ratio (TTM)
11.72%
Interest coverage (TTM)
44.94%
Management effectiveness
Return on assets (TTM)
6.63%
Return on equity (TTM)
30.06%
Valuation
Price to earnings (TTM)
21.414
Price to revenue (TTM)
1.885
Price to book
5.619
Price to tangible book (TTM)
5.619
Price to free cash flow (TTM)
10.695
Five year average dividend yield
1.8%
Dividend yield (TTM)
0.19%
Forward dividend yield
0.19%
Growth
Revenue change (TTM)
24.93%
Earnings per share change (TTM)
604.53%
3-year revenue growth
13.34%
3-year earnings per share growth
-12.03%
3-year dividend per share growth
-56.62%
What the Analysts think about Progressive
Analyst Ratings
Majority rating from 22 analysts.
Price Targets
Average projection from 15 analysts.
High $286.00
Low $162.00
$207.98
Current price
$230.67
Average price target
Progressive Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$17B
2.09%
Net income
$2.3B
17.29%
Profit margin
13.52%
14.87%
Progressive Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.40
$2.09
$2.97
$3.75
-
Expected
$0.87
$1.72
$2.43
$3.21
$2.60
Surprise
-53.77%
21.7%
22.26%
16.82%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Upcoming events
FAQs
What’s the current market cap for Progressive stock?
Progressive (PGR) has a market cap of $123B as of May 20, 2024.
What is the P/E ratio for Progressive stock?
The price to earnings (P/E) ratio for Progressive (PGR) stock is 21.41 as of May 20, 2024.
Does Progressive stock pay dividends?
Yes, the Progressive (PGR) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $0.4 and the yield is 0.19%. Progressive has a payout ratio of 11.72% on a trailing twelve-month basis.
When is the next Progressive dividend payment date?
The next Progressive (PGR) dividend payment is scheduled for July 12, 2024.
What is the beta indicator for Progressive?
Progressive (PGR) has a beta rating of 0.35. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.
What is the Progressive stock price target?
The target price for Progressive (PGR) stock is $230.6, which is 10.22% above the current price of $209.22. This is an average based on projections from 15 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.
Buy or sell Progressive stock
Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.