Progressive Corp's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered fairly valued, ranking 78/118 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 258.04.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Progressive Corp's Score
Industry at a Glance
Industry Ranking
78 / 118
Overall Ranking
290 / 4562
Industry
Insurance
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
25
analysts
Buy
Current Rating
258.035
Target Price
+15.63%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Progressive Corp Highlights
StrengthsRisks
The Progressive Corporation is an insurance holding company, which has insurance and non-insurance subsidiaries and affiliates. The Company’s segments include Personal Lines, Commercial Lines and Other indemnity. The Personal Lines segment writes insurance for personal autos and special lines products. Its special lines of products include recreational vehicles, such as motorcycles, RVs, and watercraft. Its Personal Lines products are sold through both the agency and direct channels. The Commercial Lines segment writes auto-related liability and physical damage insurance, business-related general liability and commercial property insurance predominately for small businesses, and workers’ compensation insurance primarily for the transportation industry. Its reinsurance activity includes both transactions which are regulated and those that are non-regulated. It offers shopping tools and services, such as Name Your Price, Snapshot, and HomeQuote Explorer.
Industry Leader
The company's revenue leads the industry, with the latest annual revenue totaling USD 75.34B.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 51.94% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 75.34B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 33.90%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 33.90%.
Undervalued
The company’s latest PE is 12.46, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 510.37M shares, decreasing 1.17% quarter-over-quarter.
The Progressive Corporation is an insurance holding company, which has insurance and non-insurance subsidiaries and affiliates. The Company’s segments include Personal Lines, Commercial Lines and Other indemnity. The Personal Lines segment writes insurance for personal autos and special lines products. Its special lines of products include recreational vehicles, such as motorcycles, RVs, and watercraft. Its Personal Lines products are sold through both the agency and direct channels. The Commercial Lines segment writes auto-related liability and physical damage insurance, business-related general liability and commercial property insurance predominately for small businesses, and workers’ compensation insurance primarily for the transportation industry. Its reinsurance activity includes both transactions which are regulated and those that are non-regulated. It offers shopping tools and services, such as Name Your Price, Snapshot, and HomeQuote Explorer.
Ticker SymbolPGR
CompanyProgressive Corp
CEOGriffith (Susan Patricia)
Websitehttps://www.progressive.com/
FAQs
What is the current price of Progressive Corp (PGR)?
The current price of Progressive Corp (PGR) is 227.520.
What is the symbol of Progressive Corp?
The ticker symbol of Progressive Corp is PGR.
What is the 52-week high of Progressive Corp?
The 52-week high of Progressive Corp is 292.990.
What is the 52-week low of Progressive Corp?
The 52-week low of Progressive Corp is 199.900.
What is the market capitalization of Progressive Corp?
The market capitalization of Progressive Corp is 133.33B.
What is the net income of Progressive Corp?
The net income of Progressive Corp is 8.46B.
Is Progressive Corp (PGR) currently rated as Buy, Hold, or Sell?
According to analysts, Progressive Corp (PGR) has an overall rating of Buy, with a price target of 258.035.
What is the Earnings Per Share (EPS TTM) of Progressive Corp (PGR)?
The Earnings Per Share (EPS TTM) of Progressive Corp (PGR) is 18.279.