Progressive Corp. (PGR): Price and Financial Metrics


Progressive Corp. (PGR): $109.87

0.12 (+0.11%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

PGR POWR Grades


  • PGR scores best on the Stability dimension, with a Stability rank ahead of 82.19% of US stocks.
  • The strongest trend for PGR is in Growth, which has been heading up over the past 157 days.
  • PGR's current lowest rank is in the Growth metric (where it is better than 10.57% of US stocks).

PGR Stock Summary

  • PGR has a higher market value than 95.86% of US stocks; more precisely, its current market capitalization is $64,210,734,380.
  • Progressive Corp's stock had its IPO on July 9, 1986, making it an older stock than 92.27% of US equities in our set.
  • In terms of volatility of its share price, PGR is more volatile than merely 9.73% 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 RELX, JCI, TRI, NOC, and ETN.
  • PGR's SEC filings can be seen here. And to visit Progressive Corp's official web site, go to www.progressive.com.

PGR Valuation Summary

  • PGR's price/earnings ratio is 10.4; this is 5.45% lower than that of the median Financial Services stock.
  • PGR's price/sales ratio has moved down 0.1 over the prior 243 months.
  • Over the past 243 months, PGR's EV/EBIT ratio has gone down 12.6.

Below are key valuation metrics over time for PGR.

Stock Date P/S P/B P/E EV/EBIT
PGR 2020-05-18 1.1 3.1 12.6 10.7
PGR 2019-10-24 1.2 3.1 12.6 10.3
PGR 2010-02-02 0.8 2.1 12.5 9.2
PGR 2004-10-22 1.5 3.4 12.6 8.8
PGR 2004-02-12 1.6 3.8 16.8 11.6
PGR 2004-01-08 1.6 3.9 17.1 11.8

PGR Growth Metrics

    Its 5 year revenue growth rate is now at 81.47%.
  • Its 2 year price growth rate is now at 32.32%.
  • Its 4 year net income to common stockholders growth rate is now at 189.2%.
Over the past 33 months, PGR's revenue has gone up $14,646,700,000.

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
2021-09-30 46,625.7 8,856.9 4,059.4
2021-06-30 45,713.7 7,965.4 5,465
2021-03-31 44,779.9 7,894.3 6,458.6
2020-12-31 42,658.1 6,905.6 5,677.7
2020-09-30 41,983.4 6,486.5 5,057.8
2020-06-30 40,566.7 6,765.5 4,368.7

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 >

Price chart for PGR

PGR Price/Volume Stats

Current price $109.87 52-week high $110.91
Prev. close $109.75 52-week low $84.89
Day low $108.02 Volume 3,228,422
Day high $109.98 Avg. volume 3,422,536
50-day MA $99.27 Dividend yield 0.36%
200-day MA $97.14 Market Cap 64.28B

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 VillageOhioUSA. The company insures passenger vehicles, motorcycles, RVs, trailers, boats, PWC, and commercial vehicles. Progressive also provides homelifepet, and other insurance through select companies. Progressive has expanded internationally as well, offering auto insurance in Australia. (Source:Wikipedia)


PGR Latest News Stream


Event/Time News Detail
Loading, please wait...

PGR Latest Social Stream


Loading social stream, please wait...

View Full PGR Social Stream

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.

Insurers Warn of Increase in Catalytic Converter Theft

Auto insurance industry and consumers struggle with continuing rise in catalytic converter stolen for their precious metals; hybrids, SUVs targeted

Yahoo | January 14, 2022

Progressive Insurance strikes sponsorship deal with Detroit esports organization

Under Immortals' first league championship series naming rights sponsorship, the organization's League of Legends teams will compete as "Immortals Progressive."

Yahoo | January 13, 2022

Immortals and Progressive Insurance℠ Announce Multi-Year League of Legends Naming Rights Deal

Immortals, a Great Lakes-based gaming and esports organization, and Progressive Insurance, the third largest auto insurer in the country, have officially announced an exclusive, multi-year entitlement agreement. Immortals' League of Legends ("LCS") teams will now compete as "Immortals Progressive." This is the esports organization's first ever LCS naming rights sponsorship; Progressive will also serve as the official insurance sponsor of Immortals.

Yahoo | January 13, 2022

Top 10 Stock Picks of Thomas Bancroft’s Makaira Partners

In this article, we discuss the top 10 stock picks of Thomas Bancroft’s Makaira Partners. You can skip our detailed analysis of Bancroft’s history, investment philosophy, and hedge fund performance, and go directly to the Top 5 Stock Picks of Thomas Bancroft’s Makaira Partners. Thomas Bancroft serves as the Managing Partner and Senior Portfolio Manager […]

Yahoo | January 12, 2022

Will Investors Notice Exciting Sign On Progressive''s Chart?

If history is any guide, there may be good fortune ahead for shares of Progressive (NYSE: PGR ). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term Full story available on Benzinga.com

Benzinga | December 31, 2021

Read More 'PGR' Stories Here

PGR Price Returns

1-mo 8.92%
3-mo 18.10%
6-mo 19.62%
1-year N/A
3-year 96.89%
5-year 262.65%
YTD 7.14%
2021 10.84%
2020 41.48%
2019 25.14%
2018 9.40%
2017 61.59%

PGR Dividends

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...
View Full PGR Dividend History

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

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!


Page generated in 0.8423 seconds.