Progressive Corporation (The)

161.49-2.04-1.25%Vol 2.12M1Y Perf 24.86%
Dec 6th, 2023 16:00 DELAYED
BID159.33 ASK163.57
Open163.05 Previous Close163.53
Pre-Market- After-Market161.49
 - -  - -%
Target Price
123.92 
Analyst Rating
Moderate Buy 2.17
Potential %
-23.26 
Finscreener Ranking
     39.73
Insiders Trans % 3/6/12 mo.
-100/-100/-100 
Value Ranking
+     35.25
Insiders Value % 3/6/12 mo.
-100/-100/-100 
Growth Ranking
★★★     50.06
Insiders Shares Cnt. % 3/6/12 mo.
-100/-100/-100 
Income Ranking
     32.15
Price Range Ratio 52W %
93.71 
Earnings Rating
Strong Buy
Market Cap94.48B 
Earnings Date
24th Jan 2024
Alpha0.02 Standard Deviation0.06
Beta0.43 

Today's Price Range

160.62164.29

52W Range

111.41164.85

5 Year PE Ratio Range

8.8032.50

Summary:

Buy

Technical Indicators: Neutral
Moving Averages: Strong Buy
Performance
1 Week
-1.55%
1 Month
1.82%
3 Months
17.52%
6 Months
23.43%
1 Year
24.86%
3 Years
78.94%
5 Years
154.64%
10 Years
527.56%

TickerPriceChg.Chg.%
PGR161.49-2.0400-1.25
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JNJ156.62-1.9300-1.22
FB196.640.99000.51
GE119.81-0.4200-0.35
JPM156.31-1.6600-1.05
ProfitabilityValueIndustryS&P 500US Markets
-
2.70
-
11.50
-0.29
RevenueValueIndustryS&P 500US Markets
36.12B
61.75
10.57
14.51
DividendsValueIndustryS&P 500US Markets
0.30
0.40
8.45
32.12
Payout ratio52.00
Earnings HistoryEstimateReportedSurprise %
Q03 20231.712.0922.22
Q02 20230.880.50-43.18
Q01 20231.440.65-54.86
Q04 20221.491.500.67
Q03 20221.240.49-60.48
Q02 20220.950.950.00
Q01 20221.241.12-9.68
Q04 20210.991.056.06
Earnings Per EndEstimateRevision %Trend
12/2023 QR2.2910.63Positive
12/2023 FY5.4417.75Positive
3/2024 QR2.1112.83Positive
12/2024 FY8.115.87Positive
Next Report Date24th Jan 2024
Estimated EPS Next Report2.30
Estimates Count10
EPS Growth Next 5 Years %25.80
Volume Overview
Volume2.12M
Shares Outstanding585.04K
Shares Float585.04M
Trades Count35.96K
Dollar Volume342.22M
Avg. Volume2.09M
Avg. Weekly Volume2.03M
Avg. Monthly Volume1.99M
Avg. Quarterly Volume2.24M

Progressive Corporation (The) (NYSE: PGR) stock closed at 163.53 per share at the end of the most recent trading day (a 0.07% change compared to the prior day closing price) with a volume of 1.40M shares and market capitalization of 94.48B. Is a component of S&P 500, Russell 1000 indices and it is traded on NYSE exchange. The company belongs in the Insurance industry, Financial Services sector and employs 43326 people. Progressive Corporation (The) CEO is Susan Patricia Griffith.

The one-year performance of Progressive Corporation (The) stock is 24.86%, while year-to-date (YTD) performance is 24.5%. PGR stock has a five-year performance of 154.64%. Its 52-week range is between 111.41 and 164.85, which gives PGR stock a 52-week price range ratio of 93.71%

Progressive Corporation (The) currently has a PE ratio of 95.50, a price-to-book (PB) ratio of 5.51, a price-to-sale (PS) ratio of 2.14, a price to cashflow ratio of 12.40, a PEG ratio of 3.70, a ROA of 1.21%, a ROC of -% and a ROE of 5.61%. The company’s profit margin is -0.29%, its EBITDA margin is -%, and its revenue ttm is $36.12 Billion , which makes it $61.75 revenue per share.

Of the last four earnings reports from Progressive Corporation (The), there were 2 positive earnings surprise and 2 negative earnings surprise. The company has EPS estimate of $2.30 for the next earnings report. Progressive Corporation (The)’s next earnings report date is 24th Jan 2024.

The consensus rating of Wall Street analysts for Progressive Corporation (The) is Moderate Buy (2.17), with a target price of $123.92, which is -23.26% compared to the current price. The earnings rating for Progressive Corporation (The) stock is Strong Buy (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

Progressive Corporation (The) has a dividend yield of 0.30% with a dividend per share of $0.40 and a payout ratio of 52.00%.

Progressive Corporation (The) has a Buy technical analysis rating based on Technical Indicators (ADX : 7.16, ATR14 : 2.44, CCI20 : 79.17, Chaikin Money Flow : 0.19, MACD : 2.61, Money Flow Index : 53.40, ROC : 2.24, RSI : 61.30, STOCH (14,3) : 84.69, STOCH RSI : 0.30, UO : 54.04, Williams %R : -15.31), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Progressive Corporation (The) in the last 12-months were: Andrew J Quigg (Option Excercise at a value of $0), Andrew J Quigg (Sold 1 821 shares of value $237 386 ), Andrew J. Quigg (Sold 0 shares of value $0 ), Andrew J. Quigg (Sold 5 873 shares of value $903 048 ), Bailo Karen (Option Excercise at a value of $0), Bauer Jonathan (Sold 0 shares of value $0 ), Broz Steven (Sold 0 shares of value $0 ), Broz Steven (Sold 4 646 shares of value $639 657 ), Callahan Patrick (Option Excercise at a value of $0), Callahan Patrick (Sold 3 644 shares of value $475 032 ), Clawson William (Option Excercise at a value of $0), Daniel P. Mascaro (Option Excercise at a value of $0), Daniel P. Mascaro (Sold 12 826 shares of value $1 724 830 ), Devin C. Johnson (Sold 500 shares of value $70 090 ), Devin Johnson (Sold 500 shares of value $70 092 ), Griffith Susan (Option Excercise at a value of $0), Griffith Susan (Sold 132 358 shares of value $20 371 896 ), Jeffrey D. Kelly (Sold 15 000 shares of value $2 250 000 ), John Jo Murphy (Option Excercise at a value of $0), John Jo Murphy (Sold 4 590 shares of value $598 352 ), John Peter Sauerland (Option Excercise at a value of $0), Jonathan S. Bauer (Option Excercise at a value of $0), Karen B. Bailo (Option Excercise at a value of $0), Karen B. Bailo (Sold 5 000 shares of value $644 475 ), Kent Remi (Option Excercise at a value of $0), Lori A. Niederst (Option Excercise at a value of $0), Mariann Wojtkun Marshall (Option Excercise at a value of $0), Mariann Wojtkun Marshall (Sold 472 shares of value $65 388 ), Marshall Mariann (Option Excercise at a value of $0), Marshall Mariann (Sold 471 shares of value $65 314 ), Mascaro Daniel (Sold 0 shares of value $0 ), Mascaro Daniel (Sold 23 636 shares of value $3 611 468 ), Niederst Lori (Sold 0 shares of value $0 ), Niederst Lori (Sold 12 224 shares of value $2 008 158 ), Patrick K. Callahan (Option Excercise at a value of $0), Patrick K. Callahan (Sold 3 644 shares of value $475 032 ), Philip Bleser (Option Excercise at a value of $0), Philip Bleser (Sold 2 000 shares of value $279 720 ), Remi Kent (Option Excercise at a value of $0), Sauerland John (Sold 0 shares of value $0 ), Sauerland John (Sold 48 000 shares of value $6 300 120 ), Sauerland John P (Sold 12 000 shares of value $1 518 120 ), Snyder Barbara (Option Excercise at a value of $0), Steven A. Broz (Option Excercise at a value of $0), Steven A. Broz (Sold 8 890 shares of value $1 170 210 ), Stuart B. Burgdoerfer (Sold 15 000 shares of value $2 327 016 ), Susan Patricia Griffith (Option Excercise at a value of $0), Susan Patricia Griffith (Sold 42 358 shares of value $5 711 796 ), William L. Clawson (Option Excercise at a value of $0)

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
8 (44.44 %)
8 (50.00 %)
6 (37.50 %)
Moderate Buy
1 (5.56 %)
1 (6.25 %)
1 (6.25 %)
Hold
8 (44.44 %)
6 (37.50 %)
6 (37.50 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
1 (6.25 %)
Strong Sell
1 (5.56 %)
1 (6.25 %)
2 (12.50 %)
Summary RatingModerate Buy
2.17
Moderate Buy
2.06
Moderate Buy
2.48

Progressive Corporation (The)

Progressive underwrites private and commercial auto insurance and specialty lines; it has over 20 million personal auto policies in force and is the fourth- largest auto insurer in the United States. Progressive markets its policies through independent insurance agencies in the U.S. 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.

CEO: Susan Patricia Griffith

Telephone: +1 440 461-5000

Address: 6300 Wilson Mills Road, Mayfield Village 44143, OH, US

Number of employees: 43 326

Bearish or Bullish?
WeekMonthThree MonthsSix Months

Bearish Bullish

50%50%

Bearish Bullish

52%48%

Bearish Bullish

53%48%

Bearish Bullish

56%44%

 

TipRanks News for PGR

Mon, 20 Nov 2023 14:25 GMT Progressive (PGR) Gets a Buy from Piper Sandler

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Mon, 20 Nov 2023 12:51 GMT Analysts Offer Insights on Financial Companies: Progressive (PGR), UniCredit SpA (OtherUNCFF) and Skyward Specialty Insurance Group, Inc. (SKWD)

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Sat, 18 Nov 2023 15:40 GMT Analysts Opinions Are Mixed on These Financial Stocks: Progressive (PGR) and JPMorgan Chase & Co. (JPM)

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Mon, 16 Oct 2023 01:20 GMT Analysts Offer Insights on Financial Companies: Progressive (PGR) and Repay Holdings (RPAY)

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Fri, 13 Oct 2023 13:55 GMT Early notable gainers among liquid option names on October 13th

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Fri, 13 Oct 2023 13:30 GMT Analysts Conflicted on These Financial Names: Progressive (PGR) and Citigroup (C)

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Fri, 06 Oct 2023 11:52 GMT Progressive price target raised to $167 from $163 at Jefferies

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Mon, 18 Sep 2023 10:51 GMT Analysts Have Conflicting Sentiments on These Financial Companies: Moodys (MCO), Progressive (PGR) and Central Pacific Financial (CPF)

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Mon, 18 Sep 2023 10:16 GMT Progressive (PGR) Receives a Sell from Citi

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Mon, 18 Sep 2023 09:31 GMT Analysts Offer Insights on Financial Companies: Progressive (PGR) and Charles Schwab (SCHW)

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Thu, 17 Aug 2023 09:30 GMT Analysts Offer Insights on Financial Companies: Progressive (PGR), Eagle Point Credit Company (ECC) and Stoneco (STNE)

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Wed, 16 Aug 2023 13:55 GMT Early notable gainers among liquid option names on August 16th

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Wed, 16 Aug 2023 13:40 GMT Unusually active option classes on open August 16th

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Wed, 19 Jul 2023 11:10 GMT Analysts Conflicted on These Financial Names: Moodys (MCO), Progressive (PGR) and Synchrony Financial (SYF)

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Wed, 19 Jul 2023 03:15 GMT Goldman Sachs upgrades Progressive (PGR) to a Buy

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Thu, 13 Jul 2023 13:46 GMT Progressive (PGR) Receives a Hold from Morgan Stanley

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Wed, 12 Jul 2023 08:10 GMT Analysts Have Conflicting Sentiments on These Financial Companies: Progressive (PGR) and Laurentian Bank (OtherLRCDF)

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