|Bid||79.22 x 800|
|Ask||81.64 x 800|
|Day's Range||79.95 - 81.35|
|52 Week Range||56.71 - 84.96|
|Beta (3Y Monthly)||0.57|
|PE Ratio (TTM)||14.60|
|Earnings Date||Aug 8, 2019|
|Forward Dividend & Yield||0.40 (0.49%)|
|1y Target Est||88.80|
RLI Corp.'s (RLI) Q2 results reflect improved premiums across most of its product lines along with increase in net investment income.
Progressive earnings for the second quarter of 2019 have PGR stock down despite positive results.Source: Shutterstock Progressive (NYSE:PGR) reports earnings per share of $1.66 for the second quarter of the year. This is up 39% from the company's earnings per share of $1.19 from the same time last year. It also has the company beating out Wall Street's earnings per share estimate of $1.43 for the quarter, but that couldn't keep PGR stock from falling today.The Progressive earnings report for the second quarter of 2019 also includes net income of $979.40 million. That's 39% better than the company's net income of $702.40 million reported in the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsProgressive earnings for the second quarter of the year also have net premiums written increasing by 13% to $9.13 billion. The company's net premiums written for the second quarter of 2018 was $8.10 billion.When it comes to net premiums earned for the most recent Progressive earnings report, the numbers come in at $8.83 billion. This is a 16% increase over the company's net premiums earned of $7.63 billion from the second quarter of the previous year. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip So why exactly is PGR stock down even after reporting strong results for the second quarter? Heavy trading may have something to do with it. The stock is seeing much more activity today after releasing its most recent earnings report.PGR stock was down 4% as of Wednesday afternoon. However, the stock is up 42% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading As of this writing, William White did not hold a position in any of the aforementioned securities.The post Progressive Earnings: PGR Stock Falls Despite Q2 Topper appeared first on InvestorPlace.
Progressive (PGR) delivered earnings and revenue surprises of 16.08% and 1.13%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
MAYFIELD VILLAGE, OHIO, July 17, 2019 -- The Progressive Corporation (NYSE:PGR) today reported the following results for June 2019 and the second quarter of 2019:.
Progressive Corp NYSE:PGRView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for PGR with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PGR. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding PGR are favorable, with net inflows of $8.64 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. PGR credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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MAYFIELD VILLAGE, OHIO - June 12, 2019 - The Progressive Corporation (NYSE:PGR) today reported the following results for May 2019: (millions, except per share amounts and ratios; unaudited) ...
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