Progressive Corp. (PGR): Price and Financial Metrics
GET POWR RATINGS... FREE!
PGR POWR Grades
- PGR scores best on the Stability dimension, with a Stability rank ahead of 87.3% of US stocks.
- The strongest trend for PGR is in Stability, which has been heading up over the past 179 days.
- PGR ranks lowest in Value; there it ranks in the 15th percentile.
PGR Stock Summary
- PGR has a higher market value than 97.26% of US stocks; more precisely, its current market capitalization is $76,070,763,954.
- PROGRESSIVE CORP's stock had its IPO on July 9, 1986, making it an older stock than 93.03% of US equities in our set.
- With a price/earnings ratio of 91.6, PROGRESSIVE CORP P/E ratio is greater than that of about 94.93% of stocks in our set with positive earnings.
- Stocks with similar financial metrics, market capitalization, and price volatility to PROGRESSIVE CORP are EL, TGT, TRI, HUM, and BKNG.
- 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 Valuation Summary
- In comparison to the median Financial Services stock, PGR's price/sales ratio is 44.83% lower, now standing at 1.6.
- Over the past 243 months, PGR's price/earnings ratio has gone up 73.1.
Below are key valuation metrics over time for PGR.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| PGR | 2022-11-23 | 1.6 | 5.2 | 92.4 | 62.1 |
| PGR | 2022-11-22 | 1.6 | 5.2 | 91.6 | 61.6 |
| PGR | 2022-11-21 | 1.6 | 5.1 | 91.4 | 61.5 |
| PGR | 2022-11-18 | 1.5 | 5.1 | 90.4 | 60.9 |
| PGR | 2022-11-17 | 1.5 | 5.1 | 90.2 | 60.7 |
| PGR | 2022-11-16 | 1.5 | 5.0 | 88.7 | 59.8 |
PGR Growth Metrics
- The 4 year net cashflow from operations growth rate now stands at 122.77%.
- Its year over year price growth rate is now at 6.98%.
- Its 5 year cash and equivalents growth rate is now at 63.6%.
The table below shows PGR's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 48,633 | 6,371.3 | 830.5 |
| 2022-06-30 | 47,712 | 6,715.2 | 824.9 |
| 2022-03-31 | 48,098.3 | 7,649.5 | 2,157.9 |
| 2021-12-31 | 47,702 | 7,761.7 | 3,324 |
| 2021-09-30 | 46,625.7 | 8,856.9 | 4,046 |
| 2021-06-30 | 45,713.7 | 7,965.4 | 5,458.3 |
PGR's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- PGR has a Quality Grade of C, ranking ahead of 73.86% of graded US stocks.
- PGR's asset turnover comes in at 0.686 -- ranking 18th of 133 Insurance stocks.
- ITIC, MTG, and HCI are the stocks whose asset turnover ratios are most correlated with PGR.
The table below shows PGR's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-09-30 | 0.686 | 0.320 | 0.074 |
| 2021-06-30 | 0.697 | 0.361 | 0.101 |
| 2021-03-31 | 0.711 | 0.394 | 0.124 |
| 2020-12-31 | 0.703 | 0.386 | 0.113 |
| 2020-09-30 | 0.719 | 0.371 | 0.105 |
| 2020-06-30 | 0.723 | 0.357 | 0.094 |
PGR Price Target
For more insight on analysts targets of PGR, see our PGR price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $97.08 | Average Broker Recommendation | 1.93 (Hold) |
PGR Stock Price Chart Interactive Chart >
PGR Price/Volume Stats
| Current price | $132.51 | 52-week high | $134.50 |
| Prev. close | $131.26 | 52-week low | $94.11 |
| Day low | $130.00 | Volume | 1,253,200 |
| Day high | $132.79 | Avg. volume | 2,749,392 |
| 50-day MA | $124.85 | Dividend yield | 0.3% |
| 200-day MA | $117.62 | Market Cap | 77.53B |
Progressive Corp. (PGR) Company Bio
The Progressive Corporation is an American insurance company, the third largest insurance carrier and the No. 1 commercial auto insurer in the United States. The company was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is headquartered in Mayfield Village, Ohio, USA. The company insures passenger vehicles, motorcycles, RVs, trailers, boats, PWC, and commercial vehicles. Progressive also provides home, life, pet, and other insurance through select companies. Progressive has expanded internationally as well, offering auto insurance in Australia. (Source:Wikipedia)
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.
Jeff Charney, retired CMO for Progressive Corp., named UnifyWork directorUnifyWork, a Cleveland startup that matches job seekers with jobs, has named Jeff Charney as a director. Charney is an award-winning marketing professional who retired early this year as Progressive Corp.'s (NYSE: PGR) chief marketing officer and then launched an invitation-only marketing industry collective MKHSTRY ("Make History" without its vowels). The platform seeks to turn the traditional jobs board model on its head, using skills and interests — rather than keywords on a resume — to match job seekers with jobs. |
Can Mixed Financials Have A Negative Impact on The Progressive Corporation's 's (NYSE:PGR) Current Price Momentum?Progressive's (NYSE:PGR) stock is up by 5.2% over the past three months. Given that the stock prices usually follow... |
The Progressive Corporation (NYSE:PGR) insiders sold US$3.7m worth of stock last year which shareholders may not want to overlookWhile it’s been a great week for The Progressive Corporation ( NYSE:PGR ) shareholders after stock gained 4.1%, they... |
The Progressive Corporation (NYSE:PGR) insiders sold US$3.7m worth of stock suggesting impending weakness.Many The Progressive Corporation ( NYSE:PGR ) insiders ditched their stock over the past year, which may be of interest... |
Should You Invest in The Progressive Corporation (PGR)?LRT Capital Management, an investment management firm, released its October 2022 investor letter. A copy of the same can be downloaded here. The results in October were excellent, and its LRT Economic Moat strategy returned 7.38%. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022. LRT […] |
PGR Price Returns
| 1-mo | 4.08% |
| 3-mo | 8.34% |
| 6-mo | 10.55% |
| 1-year | 41.72% |
| 3-year | 104.70% |
| 5-year | 188.12% |
| YTD | 29.54% |
| 2021 | 10.84% |
| 2020 | 41.48% |
| 2019 | 25.14% |
| 2018 | 9.39% |
| 2017 | 61.59% |
PGR Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
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
Loading social stream, please wait...