Progressive Corp. (PGR)

$211.7

-2.32

(-1.08%)

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Progressive Corp is an insurance company that provides coverage for personal and commercial automobiles, trucks, motorcycles, and recreational vehicles.

Insights on Progressive Corp.

  • Increasing Revenue

    Revenue is up for the last 8 quarters, 11.51B → 17.23B (in $), with an average increase of 5.6% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 4 quarters, 345.4M → 2.33B (in $), with an average increase of 42.5% per quarter

Performance

  • $211.70
    $214.90
    $211.70
    downward going graph

    0.0%

    Downside

    Day's Volatility :1.49%

    Upside

    1.49%

    downward going graph
  • $111.21
    $216.21
    $211.70
    downward going graph

    47.47%

    Downside

    52 Weeks Volatility :48.56%

    Upside

    2.09%

    downward going graph

Returns

PeriodProgressive Corp.Sector (Financials)S&P500
3 Months
19.99%
7.3%
4.1%
6 Months
36.98%
27.7%
19.4%
1 Year
58.06%
24.1%
22.6%
3 Years
114.32%
16.3%
21.3%

Highlights

Market Capitalization
125.3B
Book Value
$37.24
Dividend Share
1.15
Dividend Yield
0.54%
Earnings Per Share (EPS)
9.78
PE Ratio
21.88
PEG Ratio
1.48
Wall Street Target Price
226.87
Profit Margin
8.9%
Operating Margin TTM
17.46%
Return On Assets TTM
5.42%
Return On Equity TTM
29.92%
Revenue TTM
65.0B
Revenue Per Share TTM
111.14
Quarterly Revenue Growth YOY
20.599999999999998%
Gross Profit TTM
1.7B
EBITDA
7.9B
Diluted Eps TTM
9.78
Quarterly Earnings Growth YOY
4.25
EPS Estimate Current Year
11.27
EPS Estimate Next Year
11.81
EPS Estimate Current Quarter
3.21
EPS Estimate Next Quarter
2.27

Analyst Recommendation

Buy
    52%Buy
    43%Hold
    4%Sell
Based on 23 Wall street analysts offering stock ratings for Progressive Corp.(by analysts ranked 0 to 5 stars)
Based on 23 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
12
10
10
Hold
10
10
11
Sell
1
3
3

Analyst Forecast

What analysts predicted

Upside of 7.17%

Current $211.70
Target $226.87

Company Financials

FY18Y/Y Change
Revenue
32.0B
↑ 19.16%
Net Income
2.6B
↑ 64.26%
Net Profit Margin
8.18%
↑ 2.24%
FY19Y/Y Change
Revenue
39.0B
↑ 22.04%
Net Income
4.0B
↑ 51.81%
Net Profit Margin
10.18%
↑ 2.0%
FY20Y/Y Change
Revenue
42.6B
↑ 9.33%
Net Income
5.7B
↑ 43.68%
Net Profit Margin
13.38%
↑ 3.2%
FY21Y/Y Change
Revenue
47.7B
↑ 11.82%
Net Income
3.4B
↓ 41.26%
Net Profit Margin
7.03%
↓ 6.35%
FY22Y/Y Change
Revenue
49.6B
↑ 4.01%
Net Income
721.5M
↓ 78.47%
Net Profit Margin
1.46%
↓ 5.57%
FY23Y/Y Change
Revenue
62.1B
↑ 25.2%
Net Income
3.9B
↑ 440.87%
Net Profit Margin
6.29%
↑ 4.83%
Q4 FY22Q/Q Change
Revenue
13.5B
↑ 5.39%
Net Income
826.4M
↑ 565.91%
Net Profit Margin
6.14%
↑ 5.17%
Q1 FY23Q/Q Change
Revenue
14.3B
↑ 6.2%
Net Income
447.9M
↓ 45.8%
Net Profit Margin
3.13%
↓ 3.01%
Q2 FY23Q/Q Change
Revenue
15.3B
↑ 7.34%
Net Income
345.4M
↓ 22.88%
Net Profit Margin
2.25%
↓ 0.88%
Q3 FY23Q/Q Change
Revenue
15.6B
↑ 1.34%
Net Income
1.1B
↑ 224.64%
Net Profit Margin
7.21%
↑ 4.96%
Q4 FY23Q/Q Change
Revenue
16.9B
↑ 8.55%
Net Income
2.0B
↑ 77.28%
Net Profit Margin
11.77%
↑ 4.56%
Q1 FY24Q/Q Change
Revenue
17.2B
↑ 2.09%
Net Income
2.3B
↑ 17.29%
Net Profit Margin
13.53%
↑ 1.76%
FY18Y/Y Change
Total Assets
46.6B
↑ 20.35%
Total Liabilities
35.8B
↑ 21.54%
FY19Y/Y Change
Total Assets
54.9B
↑ 17.86%
Total Liabilities
41.2B
↑ 15.3%
FY20Y/Y Change
Total Assets
64.1B
↑ 16.76%
Total Liabilities
47.1B
↑ 14.16%
FY21Y/Y Change
Total Assets
71.1B
↑ 10.97%
Total Liabilities
52.9B
↑ 12.41%
FY22Y/Y Change
Total Assets
70.2B
↓ 1.26%
Total Liabilities
54.3B
↑ 2.73%
FY23Y/Y Change
Total Assets
84.3B
↑ 20.06%
Total Liabilities
64.0B
↑ 17.86%
Q4 FY22Q/Q Change
Total Assets
70.2B
↑ 2.01%
Total Liabilities
54.3B
↑ 0.5%
Q1 FY23Q/Q Change
Total Assets
74.5B
↑ 6.1%
Total Liabilities
57.7B
↑ 6.09%
Q2 FY23Q/Q Change
Total Assets
77.2B
↑ 3.57%
Total Liabilities
60.5B
↑ 4.89%
Q3 FY23Q/Q Change
Total Assets
80.1B
↑ 3.76%
Total Liabilities
62.7B
↑ 3.67%
Q4 FY23Q/Q Change
Total Assets
84.3B
↑ 5.29%
Total Liabilities
64.0B
↑ 2.17%
Q1 FY24Q/Q Change
Total Assets
89.1B
↑ 5.69%
Total Liabilities
67.3B
↑ 5.1%
FY18Y/Y Change
Operating Cash Flow
6.3B
↑ 67.29%
Investing Cash Flow
-7.3B
↑ 115.22%
Financing Cash Flow
846.7M
↓ 381.39%
FY19Y/Y Change
Operating Cash Flow
6.3B
↓ 0.37%
Investing Cash Flow
-4.3B
↓ 40.83%
Financing Cash Flow
-1.8B
↓ 309.15%
FY20Y/Y Change
Operating Cash Flow
6.9B
↑ 10.28%
Investing Cash Flow
-6.1B
↑ 41.02%
Financing Cash Flow
-938.8M
↓ 46.99%
FY21Y/Y Change
Operating Cash Flow
7.8B
↑ 12.4%
Investing Cash Flow
-3.1B
↓ 49.0%
Financing Cash Flow
-4.5B
↑ 381.07%
FY22Y/Y Change
Operating Cash Flow
6.8B
↓ 11.76%
Investing Cash Flow
-8.0B
↑ 155.02%
Financing Cash Flow
1.1B
↓ 124.94%
Q3 FY22Q/Q Change
Operating Cash Flow
2.0B
↑ 45.89%
Investing Cash Flow
-7.0B
↑ 405.49%
Financing Cash Flow
-121.0M
↑ 104.05%
Q4 FY22Q/Q Change
Operating Cash Flow
929.6M
↓ 54.15%
Investing Cash Flow
-8.0B
↑ 14.3%
Financing Cash Flow
-78.9M
↓ 34.79%
Q1 FY23Q/Q Change
Operating Cash Flow
2.4B
↑ 163.5%
Investing Cash Flow
-2.3B
↓ 71.38%
Financing Cash Flow
-104.6M
↑ 32.57%
Q2 FY23Q/Q Change
Operating Cash Flow
2.3B
↓ 4.59%
Investing Cash Flow
-2.9B
↑ 25.9%
Financing Cash Flow
420.9M
↓ 502.39%
Q3 FY23Q/Q Change
Operating Cash Flow
3.4B
↑ 46.32%
Investing Cash Flow
-8.5B
↑ 196.35%
Financing Cash Flow
-108.5M
↓ 125.78%

Technicals Summary

Sell

Neutral

Buy

Progressive Corp. is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Progressive Corp.
Progressive Corp.
3.88%
36.98%
58.06%
114.32%
185.09%
Hartford Financial Services Group, Inc.
Hartford Financial Services Group, Inc.
-0.64%
42.11%
43.15%
45.63%
95.22%
Travelers Companies, Inc., The
Travelers Companies, Inc., The
-4.97%
35.71%
19.64%
37.62%
53.99%
Allstate Corporation, The
Allstate Corporation, The
3.73%
41.03%
51.23%
39.89%
81.81%
Chubb Corporation, The
Chubb Corporation, The
-2.24%
18.18%
24.58%
50.5%
77.79%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Progressive Corp.
Progressive Corp.
21.88
21.88
1.48
11.27
0.3
0.05
0.01
37.24
Hartford Financial Services Group, Inc.
Hartford Financial Services Group, Inc.
12.52
12.52
1.41
10.15
0.17
0.03
0.02
50.23
Travelers Companies, Inc., The
Travelers Companies, Inc., The
15.92
15.92
0.82
18.27
0.13
0.02
0.02
109.27
Allstate Corporation, The
Allstate Corporation, The
44.26
NA
3.4
13.19
-0.01
0.0
0.02
60.19
Chubb Corporation, The
Chubb Corporation, The
11.54
11.54
3.53
21.71
0.16
0.03
0.01
146.83
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Progressive Corp.
Progressive Corp.
Buy
$125.3B
185.09%
21.88
8.9%
Hartford Financial Services Group, Inc.
Hartford Financial Services Group, Inc.
Buy
$29.7B
95.22%
12.52
10.2%
Travelers Companies, Inc., The
Travelers Companies, Inc., The
Hold
$49.1B
53.99%
15.92
7.32%
Allstate Corporation, The
Allstate Corporation, The
Buy
$46.2B
81.81%
44.26
-0.33%
Chubb Corporation, The
Chubb Corporation, The
Buy
$102.1B
77.79%
11.54
18.17%

Institutional Holdings

  • Vanguard Group Inc

    8.79%
  • BlackRock Inc

    7.95%
  • JPMorgan Chase & Co

    4.50%
  • State Street Corporation

    4.18%
  • Wellington Management Company LLP

    3.53%
  • Bank of America Corp

    2.63%

Corporate Announcements

  • Progressive Corp. Dividends March,2024

    In the quarter ending March,2024. Progressive Corp. has declared dividend of $0.85

    Read More

Company Information

progressive is a place where collaboration is encouraged, hard work is rewarded and creativity is celebrated. each of our employees has a role in our success and together, we continue to find new and better ways to satisfy our customers and move the insurance industry forward. with over 75 years of business, we ensure more than 13 million customers. people from all walks of life, all fields of business and all 50 states make up our diverse group of 26,000 talented professionals. with six large locations and hundreds of smaller claims and legal offices across the country, we collectively work toward our goal of becoming consumers’ number one choice for auto insurance.

Organization
Progressive Corp.
Employees
61432
CEO
Ms. Susan Patricia Griffith
Industry
Finance

FAQs