Progressive/PGR
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About Progressive
Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 20 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.
Ticker
PGR
Sector
Financials
Trading on
NYSE
Industry
Insurance
Headquarters
Mayfield, United States
Employees
61,432
Website
www.progressive.com
Progressive Metrics
BasicAdvanced
$123B
Market cap
21.44
P/E ratio
$9.77
EPS
0.35
Beta
$1.15
Dividend rate
0.55%
Dividend yield
Price and volume
Market cap
$123B
Beta
0.35
Dividend rate
$1.15
Financial strength
Current ratio
0.329
Quick ratio
0.24
Long term debt to equity
31.588
Total debt to equity
31.588
Dividend payout ratio (TTM)
12.30%
Interest coverage (TTM)
27.54%
Management effectiveness
Return on assets (TTM)
5.42%
Return on equity (TTM)
29.92%
Valuation
Price to earnings (TTM)
21.44
Price to revenue (TTM)
1.88
Price to book
5.62
Price to tangible book (TTM)
5.62
Price to free cash flow (TTM)
10.1
Dividend yield (TTM)
0.55%
Growth
Revenue change (TTM)
24.93%
Earnings per share change (TTM)
592.69%
3-year revenue growth
13.25%
3-year earnings per share growth
-3.85%
3-year dividend per share growth
-38.32%
What the Analysts think about Progressive
Analyst Ratings
Majority rating from 22 analysts.
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
$2.58
Surprise
-53.77%
21.70%
22.26%
16.82%
-
Progressive News
AllArticlesVideos
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.
Market closedNon-fractional
Upcoming events
Jul
12
Progressive
Dividend·Payment
$0.10
Per share
FAQs
What’s the current market cap for Progressive stock?
Progressive (PGR) has a market cap of $123B as of July 03, 2024.
What is the P/E ratio for Progressive stock?
The price to earnings (P/E) ratio for Progressive (PGR) stock is 21.44 as of July 03, 2024.
Does Progressive stock pay dividends?
Yes, the Progressive (PGR) stock pays dividends to shareholders. As of July 03, 2024, the dividend rate is $1.15 and the yield is 0.55%. Progressive has a payout ratio of 12.3% 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.
Buy or sell Progressive stock
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