|Bid||62.47 x 1200|
|Ask||62.48 x 1100|
|Day's Range||61.82 - 62.63|
|52 Week Range||41.84 - 62.99|
|PE Ratio (TTM)||23.03|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Before software developers at Progressive Corp. wrote a line of code last year to build a chatbot version of Flo, the insurer’s quirky character in the white apron, they spent a few days at a conference center discussing how to render in algorithms a mascot that has represented Progressive for a decade. A jokey persona might work on TV but could deter business online, where customer attention can flit away in seconds, says Dan Witalec, Progressive's personal lines direct acquisition leader. Artificial intelligence tools, now easier to use and more affordable, let companies in retail, finance, insurance, health care and other industries deploy text-based chatbots like Flo to help customers get quick answers and conduct transactions.
Zacks.com featured highlights include: AMC, Progressive, Interpublic Group, State Street and Broadridge Financial
Progressive (PGR) consistently raises optimism among investors with premium growth, diverse product offering and a robust capital position. However, exposure to cat loss remains a concern.
Stock markets are concerned that higher inflationary expectations will lead to the central bank raising the interest rate aggressively to stabilize the economy.
Zacks.com featured highlights include: Ulta, Century Communities, NVIDIA, Cheniere and Progressive
Earnings growth interests all, right from the top brass to research analysts. And why not? If the company doesn’t make money, it won’t be able to stand the test of time. Take a company’s revenues over a given period of time, deduct production cost and you will have earnings!Source: Shutterstock
The Progressive Corporation (NYSE:PGR) is currently trading at a trailing P/E of 19.1x, which is higher than the industry average of 15.2x. While PGR might seem like a stock toRead More...
The Sell-in-May (SIM) period is a well-known time interval of seasonal weakness. This SIM period has tended to be a bit weaker at this point in the election cycle, year 2 years after the election, as 2018 is. Seasonal patterns can be quite strong in some stocks.
What are the 10 Largest Property and Casualty Insurance Companies in 2018? Let’s find out. Property and casualty insurance helps protect people from the unexpected. Given that the unexpected happens all the time and sometimes when you least expect it, property and casualty insurance is often essential. Although there are many subcategories of property and casualty […]
This calls for investing in banks, insurance and brokerage houses as such institutions will see a ramp up in profits on quicker-than-forecasted rate hikes. Oil prices near a three-and-a-half-year high and American companies paying a significant amount for purchasing raw materials indicate an upsurge in inflation that could easily derail economic growth in the near term.
Strengthening inflation prospects pushed bond yields higher and prompted the Federal Reserve to step up the pace of monetary tightening from two to three additional rate hikes this year.
Zacks.com highlights: Zebra Technologies, Stryker, Progressive, Interpublic Group and CBRE Group
The Mayfield Village, Ohio-based company said it had net income of $1.22 per share. The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research ...
For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more valuable than looking at a single earnings announcement in one point in time.Read More...
Billionaire Warren Buffett is known as one of the greatest investors in the world. When talking about Warren Buffett, we focus on his stock portfolio, but we often overlook one important sector that Buffett’s Berkshire Hathaway is thriving in and which is one of the cornerstones of the company – insurance. Berkshire Hathaway has three insurance subsidiaries: […]