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


Progressive Corporation (The) (PGR)

Today's Latest Price: $94.80 USD

1.35 (1.44%)

Updated Jan 15 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 70 in Insurance - Property & Casualty

See all "A" rated Strong Buy stocks

PGR Stock Summary

  • Progressive Corp's market capitalization of $54,724,131,979 is ahead of 95.76% of US-listed equities.
  • Progressive Corp's stock had its IPO on July 9, 1986, making it an older stock than 92.32% of US equities in our set.
  • In terms of volatility of its share price, PGR is more volatile than just 14.47% of stocks we're observing.
  • If you're looking for stocks that are quantitatively similar to Progressive Corp, a group of peers worth examining would be HUM, MMC, DG, EMR, and COF.
  • 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 Stock Price Chart Interactive Chart >

Price chart for PGR

PGR Price/Volume Stats

Current price $94.80 52-week high $102.05
Prev. close $93.45 52-week low $62.18
Day low $92.87 Volume 3,053,200
Day high $95.01 Avg. volume 2,290,330
50-day MA $94.35 Dividend yield 4.85%
200-day MA $88.04 Market Cap 55.51B

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:
$94.80$251.94 166%

We started the process of determining a valid price forecast for Progressive Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Progressive Corp ranked in the 71th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 167.17%. 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 94.59% of its sector Financial Services.
  • The business' balance sheet suggests that 9% of the company's capital is sourced from debt; this is greater than just 24.35% of the free cash flow producing stocks we're observing.
  • PGR's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 36.23% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%161%
1%163%
2%166%
3%168%
4%171%
5%174%

Want more companies with a valuation profile/forecast similar to that of Progressive Corp? See TCPC, PSEC, MMAC, PFX, and TREE.


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.

Short Seller Andrew Left Goes Sour On Lemonade, Says Company Lies To Shareholders

Andrew Left Citron Research’s Andrew Left criticized insurance company Lemonade Inc (NYSE: LMND ) on Friday, saying its stock multiple is based on empty marketing tactics. The Lemonade Bear Case: In a Twitter live video , Left dismissed Lemonade Inc 's claims of bringing new technology to the insurance industry, saying the company's technology is no different from insurers like Progressive Corp. (NYSE: PGR ) or State Farm. "They've been lying to their customers and their shareholders," said the noted short … Full story available on Benzinga.com

Benzinga | January 16, 2021

Progressive Corp (PGR) Dominates Bullish Returns in Ariel Investments’ Port

Ariel Investments, a minority-owned investment company that focuses in small and mid-capitalized US based stocks, published its third-quarter 2020 Investor Letter – a copy of which can be downloaded here. A positive return of 4.56% was recorded by the fund for the 3rd Quarter of 2020, ahead of its Russell 2500 Value benchmark that returned 3.54%. […]

Yahoo | January 15, 2021

Is Progressive Corp (PGR) Stock a Buy For 2021?

Wedgewood Partners recently released its Q4 2020 Investor Letter, a copy of which you can download here. The Fund returned 12.2% for the fourth quarter of 2020. Meanwhile, the benchmark S&P 500 Index and the Russell 1000 Growth Index gained 12.2% and 11.4%, respectively. You should check out Wedgewood Partners’ top 5 stock picks for […]

Yahoo | January 15, 2021

Progressive: The Sleep-Well-At-Night Insurer

Image source Insurers have been one of the surprising beneficiaries of the awful virus that has gripped the world for the past year or so. However, as bad as it has been for humanity, insurance has been a clear winner from the lockdown conditions the virus created. After all, if...

Josh Arnold on Seeking Alpha | January 6, 2021

Nobility Homes, Inc. Announces Sales and Earnings for Its Fiscal Year 2020

OCALA, FL / ACCESSWIRE / January 5, 2021 / Today Nobility Homes, Inc.

Yahoo | January 5, 2021

Read More 'PGR' Stories Here

PGR Price Returns

1-mo 2.56%
3-mo 6.23%
6-mo 12.29%
1-year N/A
3-year 90.23%
5-year 289.12%
YTD 0.56%
2020 41.48%
2019 25.14%
2018 9.39%
2017 61.59%
2016 14.90%

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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