Progressive Corporation (The) (PGR): Price and Financial Metrics


Progressive Corporation (The) (PGR)

Today's Latest Price: $79.23 USD

0.57 (-0.71%)

Updated Jul 2 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 58 in Insurance - Property & Casualty

See all "A" rated Strong Buy stocks

PGR Stock Summary

  • With a market capitalization of $46,888,260,111, Progressive Corp has a greater market value than 96.06% of US stocks.
  • PGR's went public 34 years ago, making it older than 92.42% of listed US stocks we're tracking.
  • In terms of volatility of its share price, PGR is more volatile than only 0.94% of stocks we're observing.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Progressive Corp are DG, ITUB, INFY, HUM, and MMC.
  • Visit PGR's SEC page to see the company's official filings. To visit the company's web site, go to www.progressive.com.
PGR Daily Price Range
PGR 52-Week Price Range

PGR Stock Price Chart Technical Analysis Charts


PGR Price/Volume Stats

Current price $79.23 52-week high $84.96
Prev. close $79.80 52-week low $62.18
Day low $78.80 Volume 2,493,819
Day high $80.49 Avg. volume 3,650,425
50-day MA $77.96 Dividend yield 0.5%
200-day MA $75.79 Market Cap 46.37B

Progressive Corporation (The) (PGR) Company Bio


Progressive Corporation provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes. The company was founded in 1937 and is based in Mayfield Village, Ohio.

PGR Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$79.23$249.13220%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Progressive Corp. To summarize, we found that Progressive Corp ranked in the 72th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 221.5% on a DCF basis. The most interesting components of our discounted cash flow analysis for Progressive Corp ended up being:

  • The company has produced more trailing twelve month cash flow than 93.19% of its sector Financial Services.
  • The business' balance sheet reveals debt to be 11% of the company's capital (with equity being the remaining amount). Approximately merely 22.2% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
  • PGR's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 39.82% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%214%
1%217%
2%220%
3%223%
4%226%
5%229%

CPTA, IVZ, HNNA, HCI, and NGHC can be thought of as valuation peers to PGR, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.


PGR Latest News Stream


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Latest PGR News From Around the Web

Below are the latest news stories about Progressive Corp that investors may wish to consider to help them evaluate PGR as an investment opportunity.

Progressive Stock Could Be Set for a 20% Surge

An ascending triangle chart pattern suggests that shares of the insurance giant are set for a breakout.

Yahoo | June 29, 2020

The Zacks Analyst Blog Highlights: PGR, PLMR, KNSL and EVER

The Zacks Analyst Blog Highlights: PGR, PLMR, KNSL and EVER

Yahoo | June 22, 2020

Progressive's (PGR) May Earnings and Revenues Increase Y/Y

Progressive's (PGR) May results reflect increase in revenues driving higher bottomline.

Yahoo | June 18, 2020

Selling Puts Against Progressive Is Cheap Insurance

Thesis There’s a reason why, when you are looking to buy insurance of any kind, you want to look at a company that has been around for a long time. That’s because you don’t want to purchase insurance from a company that does a lousy job of investing its premiums....

Financial Freedom Institute on Seeking Alpha | June 17, 2020

Progressive May results reflect delayed renewals

Progressive (PGR) May net premiums earned increased 10% to $2.99B from $2.73B a year ago.Combined ratio of 93.7 vs. 91.6.During the month, PGR recognized an increase in renewals, which were delayed from being recognized in March and April, and a decrease in the number of policies canceled during the month.Companywide...

Seeking Alpha | June 17, 2020

Read More 'PGR' Stories Here

PGR Price Returns

1-mo 0.55%
3-mo 4.47%
6-mo 8.20%
1-year -2.39%
3-year 94.82%
5-year 222.11%
YTD 13.11%
2019 25.14%
2018 9.39%
2017 61.59%
2016 14.90%
2015 21.02%

PGR Dividends

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Continue Researching PGR

Here are a few links from around the web to help you further your research on Progressive Corp's stock as an investment opportunity:

Progressive Corp (PGR) Stock Price | Nasdaq
Progressive Corp (PGR) Stock Quote, History and News - Yahoo Finance
Progressive Corp (PGR) Stock Price and Basic Information | MarketWatch


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