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Market Cap 73.37B P/E 42.93 EPS this Y 82.60% Ern Qtrly Grth 420.50%
Income 5.74B Forward P/E 16.92 EPS next Y 6.30% 50D Avg Chg -2.00%
Sales 65.02B PEG 0.72 EPS past 5Y -7.66% 200D Avg Chg -5.00%
Dividend N/A Price/Book 4.52 EPS next 5Y 26.00% 52W High Chg -16.00%
Recommedations 2.20 Quick Ratio 0.24 Shares Outstanding 585.69M 52W Low Chg 14.00%
Insider Own 0.26% ROA 5.42% Shares Float 583.17M Beta 0.35
Inst Own 87.44% ROE 29.92% Shares Shorted/Prior 4.39M/4.20M Price 125.36
Gross Margin 12.19% Profit Margin 8.90% Avg. Volume 3,081,779 Target Price 226.87
Oper. Margin 17.46% Earnings Date May 6 Volume 3,324,397 Change -1.62%
About Progressive Corporation (The)

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.

Progressive Corporation (The) News
04/18/24 The Progressive Corporation (PGR) Rose on Increased Underwriting Profits
04/17/24 Want to save on your auto insurance? An agent explains how
04/17/24 IMF Raises Global Growth Forecast Amid High Inflation: 5 Picks
04/16/24 Investors Heavily Search The Progressive Corporation (PGR): Here is What You Need to Know
04/15/24 The Zacks Analyst Blog Highlights The Progressive, Toyota Motor, Iron Mountain, Vulcan Materials and Vipshop
04/15/24 Company News for Apr 15, 2024
04/14/24 Could This Be The Mystery Stock Billionaire Warren Buffett Has Been Adding to Berkshire Hathaway's Portfolio?
04/13/24 Progressive First Quarter 2024 Earnings: Beats Expectations
04/12/24 Progressive's (PGR) Q1 Earnings, Revenues Top, Premiums Rise Y/Y
04/12/24 Sticky Inflation Delays Rate Cut Expectations: 5 Low-Beta Picks
04/12/24 The Zacks Analyst Blog Highlights ServiceNow, The Progressive, Analog Devices, The Southern Company and Welltower
04/12/24 Progressive Reports March 2024 Results
04/11/24 Top Research Reports for ServiceNow, Progressive & Analog Devices
04/10/24 Why auto insurance costs are rising at the fastest rate in 47 years
04/09/24 Is a Beat in Store for Progressive (PGR) This Earnings Season?
04/05/24 Progressive (PGR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
04/04/24 Time to Buy These Red-Hot Property and Casualty Insurance Stocks
04/02/24 Top 5 Momentum Stocks for April After a Strong March
04/01/24 3 Powerful Examples of the Zacks Rank
04/01/24 Here's How Much a $1000 Investment in Progressive Made 10 Years Ago Would Be Worth Today
PGR Chatroom

User Image PrecisionSwingTrader Posted - 1 day ago

TRADE CLOSED (Partial) Symbol: $TRV Type: Sell to Close $200 Puts 7/19 Return: + 116.4% Entry Date: 1/19/2024 Entry Cost: 2.62 Entry Size: 0.5% Exit Price: 5.67 Exit Size: 0.15% Rationale: Big gap down at the open -- holding the rest for continuation with a stop at 50% gap retrace $SPY $PGR $ALL $GS

User Image erevnon Posted - 1 day ago

B of A Securities maintains Progressive $PGR at Buy and lowers the price target from $279 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image olddumper Posted - 2 days ago

$ROOT comparing this to an $ALL or $TRV they are growing revenue in the 10% range a year and struggling to turn a profit. Why pay $50Bn for a company that isnt growing or generating profit even at giant scale. Meanwhile you have Root growing ~70% a quarter, with way better unit economics and soon to be profitable, trading at under $1bn. These incumbents better make a move to acquire root now because in 5 years it will probably pass them in market cap. $PGR seems to be the only one staying competitive.

User Image cubie Posted - 2 days ago

@Ollip insurance is hot. maybe $try pop but like $pgr since up so much

User Image MaverikIT Posted - 2 days ago

@IsabellaDC @DonCorleone77 @Wigglyick @RonIsWrong @Cash4freedom @net0trader @Im_not_Mr_Lebowski $PGR

User Image Tommy_Two_Toes Posted - 2 days ago

$PGR

User Image MaverikIT Posted - 2 days ago

@DonCorleone77 @net0trader @Wigglyick @Cash4freedom @RonIsWrong @Im_not_Mr_Lebowski @IsabellaDC $WING er 5/1 $PGR - er 5/7

User Image Implied_Volatitty Posted - 2 days ago

$PGR beast

User Image Thestocktraderhubzee Posted - 2 days ago

WATCHLIST APR 16 2024. $BERY Baird Downgrades Berry Global Gr to Neutral, Lowers Price Target to $65 $CCK Baird Upgrades Crown Holdings to Outperform, Raises Price Target to $90 $NVRO RBC Capital Maintains Outperform on Stryker, Raises Price Target to $386 $PGR Citigroup Maintains Neutral on Progressive, Raises Price Target to $225 $TV B of A Securities Downgrades Grupo Televisa to Neutral, Announces $3.5 Price Target

User Image erevnon Posted - 3 days ago

Citigroup maintains Progressive $PGR at Neutral and raises the price target from $202 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image olddumper Posted - 3 days ago

$ROOT this should be trading at a much higher multiple of revenue compared to $PGR. They are both industry leaders in unit economics but Root is growing many times faster.

User Image IN0V8 Posted - 3 days ago

$PGR Citigroup raises target price to $225 from $202 Jefferies raises target price to $245 from $241

User Image DonCorleone77 Posted - 3 days ago

$PGR Progressive price target raised to $244 from $238 at Wells Fargo Wells Fargo raised the firm's price target on Progressive to $244 from $238 and keeps an Overweight rating on the shares. The firm expected Progressive to trade up more on the strong PIF and margins, but shares should go higher as estimates are revised up. Further, April is another seasonally strong PIF month, so strong growth should continue, Wells said in a research note on Friday.

User Image DiorCapital Posted - 4 days ago

$PGR the trend is your friend

User Image SquawkAlley Posted - 4 days ago

$PGR $GRPN $EBAY https://www.cweb.com/jefferies-sets-new-price-target-for-progressive-corp-pgr-at-245/

User Image JaredSotken Posted - 6 days ago

$PGR @MaverikIT

User Image cubie Posted - 6 days ago

@KingBlxq $aapl $gl $pgr $CPNG $root agx were green, Apple must be not part of "Entire market" huh

User Image epsguid Posted - 6 days ago

$PGR reported earnings of $3.73, consensus was $3.20, Earnings Whisper was $3.30 via @eWhispers #whisperbeat http://eps.sh/d/pgr

User Image trigger_finger Posted - 6 days ago

$PGR Just get down to 204, and we can start a glorious weekend.

User Image MaverikIT Posted - 6 days ago

@net0trader @IsabellaDC @Wigglyick @Cash4freedom @JaredSotken @Im_not_Mr_Lebowski @DonCorleone77 @RonIsWrong I am switching over to $PGR from Geico

User Image MaverikIT Posted - 6 days ago

@JaredSotken @DonCorleone77 @net0trader @Wigglyick @Cash4freedom @RonIsWrong @Im_not_Mr_Lebowski @IsabellaDC but hey, $PGR $MCK doing well $NOC defense$ $THC - ahh - must maintain my healths

User Image mikesterz7 Posted - 6 days ago

$PGR Net premiums written were $19 billion in the quarter, up 18% from $16.1 billion a year ago. Premiums beat our estimate of $17.6 billion.Net premiums earned grew 19% to $16 billion and beat our estimate of $14.4 billion. Consensus Estimate by 2.4% and increased 20.1% year over year.Net realized gain on securities was $115.6 billion compared with $71.8 million in the year-ago quarter. Total expenses of $14.4 billion increased 4% year over year. Policies in force were soft in the Personal Auto segment, increasing 7% from the year-ago month’s figure to 20.4 million. Special Lines improved 8% to 6.1 million.In Progressive’s Personal Auto segment, Direct Auto increased 8% year over year to 11.9 million, while Agency Auto increased 5% to 8.6 million. Progressive’s Commercial Auto segment rose 3% year over year to 1.1 million. The Property business had 3.2 million policies in force, up 10%.

User Image MaverikIT Posted - 6 days ago

@JaredSotken $PGR $ERIE Just added some bitty

User Image MaverikIT Posted - 6 days ago

@DonCorleone77 @net0trader @Wigglyick @Cash4freedom @RonIsWrong @Im_not_Mr_Lebowski @IsabellaDC $ERIE $PGR

User Image cubie Posted - 6 days ago

@jenbunn @simon58 @Alvi722 @mj_ryder @keywestave01 @kindness123 @TraderRapp @tonyctl @tigerknee @lukenight see told ya $gl way better than $jpm $stt $wfc $pgr citi earnings gamble, that's why cubie also lazy to do place ur bets for any them

User Image Estimize Posted - 6 days ago

$PGR beats the Estimize EPS Consensus by $1.03 and the Estimize Revenue Consensus by $1.96B. Reports FQ1 earnings of $4.20 EPS and $18.... http://www.estimize.com/pgr/fq1-2024?utm_content=beat_or_miss&utm_medium=tweet&utm_source=stocktwits

User Image gtrades31 Posted - 6 days ago

$PGR Q1-2024 Earnings 🟢 EPS +18% $ 3.73 (vs 3.17) 🔴 REV -7% $ 16.15B (vs 17.43b) #Progressive #Earnings

User Image OpenOutcrier Posted - 6 days ago

$PGR (+2.4% pre) Progressive GAAP EPS of $3.94 beats by $0.64, net premiums earned of $16.15B misses by $1.06B - SA https://ooc.bz/l/30236

User Image deepbarot Posted - 6 days ago

$PGR They have a conference call?

User Image RocketGo Posted - 6 days ago

$PGR true garbage

Analyst Ratings
UBS Neutral Apr 17, 24
B of A Securities Buy Apr 17, 24
Citigroup Neutral Apr 15, 24
Morgan Stanley Overweight Apr 15, 24
Jefferies Buy Apr 15, 24
Wells Fargo Overweight Apr 11, 24
Morgan Stanley Overweight Apr 11, 24
Keefe, Bruyette & Woods Market Perform Apr 10, 24
JP Morgan Overweight Apr 8, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Quigg Andrew J Chief Strategy Offic.. Chief Strategy Officer Jan 17 Sell 169.24 551 93,251 27,921 01/19/24
Niederst Lori A CRM President CRM President Jan 17 Sell 169.24 1,293 218,827 39,040 01/19/24
Griffith Susan Patricia President and CEO President and CEO Jan 17 Sell 169.24 5,939 1,005,116 465,737 01/19/24
Quigg Andrew J Chief Strategy Offic.. Chief Strategy Officer Jan 03 Sell 162.26 1,210 196,335 27,247 01/04/24
Griffith Susan Patricia President and CEO President and CEO Nov 29 Sell 162.887 90,000 14,659,830 465,735 11/30/23
Quigg Andrew J Chief Strategy Offic.. Chief Strategy Officer Nov 28 Sell 164.28 4,052 665,663 25,769 11/30/23
Niederst Lori A CRM President CRM President Nov 28 Sell 164.28 12,224 2,008,159 39,039 11/30/23
Mascaro Daniel P Vice Pres, Secretary.. Vice Pres, Secretary and CLO Nov 28 Sell 164.28 13,170 2,163,568 31,707 11/30/23
KELLY JEFFREY D Director Director Oct 13 Sell 150.00 15,000 2,250,000 36,809 10/17/23
Mascaro Daniel P Vice Pres, Secretary.. Vice Pres, Secretary and CLO Sep 18 Sell 140.39 1,570 220,412 31,706 09/19/23
Snyder Barbara R Director Director Aug 30 Sell 133.0917 21,731 2,892,216 6,610 09/01/23
Quigg Andrew J Chief Strategy Offic.. Chief Strategy Officer Aug 03 Sell 127.50 5,070 646,425 20,816 08/07/23
Sauerland John P VP and Chief Financi.. VP and Chief Financial Officer Jul 27 Sell 126.51 12,000 1,518,120 309,507 07/28/23
Sauerland John P VP and Chief Financi.. VP and Chief Financial Officer Jun 29 Sell 131.81 12,000 1,581,720 321,507 06/30/23
Bleser Philip Director Director Apr 18 Sell 139.86 2,000 279,720 2,129 04/20/23
Bleser Philip Director Director Apr 18 Option 0 4,771 4,771 04/20/23
Mascaro Daniel P Vice Pres, Secretary.. Vice Pres, Secretary and CLO Mar 24 Sell 136.96 2,806 384,310 33,276 03/27/23
Broz Steven Chief Information Of.. Chief Information Officer Mar 24 Sell 136.96 930 127,373 28,181 03/27/23
Mascaro Daniel P Vice Pres, Secretary.. Vice Pres, Secretary and CLO Feb 24 Sell 141.64 2,806 397,442 36,082 02/28/23
Broz Steven Chief Information Of.. Chief Information Officer Jan 30 Sell 135.50 930 126,015 30,041 02/01/23
Mascaro Daniel P Vice Pres, Secretary.. Vice Pres, Secretary and CLO Dec 19 Sell 126.55 3,930 497,342 38,888 12/20/22
Sauerland John P VP and Chief Financi.. VP and Chief Financial Officer Nov 03 Sell 127.18 25,000 3,179,500 329,033 11/07/22
Mascaro Daniel P Vice Pres, Secretary.. Vice Pres, Secretary and CLO Oct 20 Sell 118.88 3,930 467,198 46,748 10/24/22
Broz Steven Chief Information Of.. Chief Information Officer Oct 20 Sell 118.88 5,170 614,610 36,663 10/24/22
Callahan Patrick K Personal Lines Presi.. Personal Lines President Sep 16 Sell 125.7652 19,068 2,398,091 13,151 09/20/22
Quigg Andrew J Chief Strategy Offic.. Chief Strategy Officer Aug 25 Sell 126.43 3,180 402,047 24,061 08/29/22
Niederst Lori A CRM President CRM President Aug 25 Sell 126.43 10,522 1,330,296 34,409 08/29/22
Broz Steven Chief Information Of.. Chief Information Officer May 04 Sell 112.59 1,067 120,134 31,321 05/05/22
KELLY JEFFREY D Director Director Apr 07 Sell 120.00 10,000 1,200,000 48,720 04/08/22
Callahan Patrick K Personal Lines Presi.. Personal Lines President Mar 22 Sell 112.87 3,231 364,683 13,150 03/24/22
Griffith Susan Patricia President and CEO President and CEO Mar 18 Sell 110.26 46,735 5,153,001 373,134 03/21/22
Broz Steven Chief Information Of.. Chief Information Officer Mar 04 Sell 106.649 1,068 113,901 33,456 03/08/22
Callahan Patrick K Personal Lines Presi.. Personal Lines President Feb 22 Sell 106.82 3,230 345,029 16,381 02/24/22
Broz Steven Chief Information Of.. Chief Information Officer Feb 04 Sell 109.49 1,068 116,935 34,524 02/07/22
Callahan Patrick K Personal Lines Presi.. Personal Lines President Feb 01 Sell 108.25 3,230 349,648 19,611 02/02/22
Quigg Andrew J Chief Strategy Offic.. Chief Strategy Officer Jan 04 Sell 102.24 1,391 142,216 20,174 01/06/22
Griffith Susan Patricia President and CEO President and CEO May 24 Sell 99.17 40,578 4,024,120 413,965 05/24/21
Griffith Susan Patricia President and CEO President and CEO Sep 21 Sell 94.94 33,750 3,204,225 455,314 09/21/20