PGR - The Progressive Corporation

NYSE - NYSE Delayed Price. Currency in USD
76.01
+0.23 (+0.30%)
At close: 4:03PM EDT

76.01 0.00 (0.00%)
After hours: 5:09PM EDT

Stock chart is not supported by your current browser
Previous Close75.78
Open75.91
Bid76.01 x 900
Ask76.04 x 800
Day's Range75.23 - 76.61
52 Week Range56.71 - 84.96
Volume3,830,743
Avg. Volume2,832,215
Market Cap44.794B
Beta (3Y Monthly)0.64
PE Ratio (TTM)13.87
EPS (TTM)5.48
Earnings DateOct 16, 2019
Forward Dividend & Yield0.40 (0.53%)
Ex-Dividend Date2019-10-04
1y Target Est88.80
Trade prices are not sourced from all markets
  • P&C Insurance Industry's Near-Term Prospects Encouraging
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    P&C Insurance Industry's Near-Term Prospects Encouraging

    P&C; Insurance Industry's Near-Term Prospects Encouraging

  • GlobeNewswire

    Progressive Announces Chief Investment Officer Transition

    The Progressive Corporation (PGR) today announced Jonathan Bauer as its new Chief Investment Officer, effective January 3, 2020, following the previously announced retirement of William Cody. Mr. Cody will be retiring after 23 ½ years at Progressive, including nearly 17 years as Chief Investment Officer. Jonathan Bauer joined Progressive Capital Management in 2006 and over the years has managed across a broad swath of Progressive’s investment categories.

  • Is The Progressive (PGR) Stock Outpacing Its Finance Peers This Year?
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    Is The Progressive (PGR) Stock Outpacing Its Finance Peers This Year?

    Is (PGR) Outperforming Other Finance Stocks This Year?

  • Should Value Investors Buy Progressive (PGR) Stock?
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    Should Value Investors Buy Progressive (PGR) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • 3 Reasons Growth Investors Will Love Progressive (PGR)
    Zacks

    3 Reasons Growth Investors Will Love Progressive (PGR)

    Progressive (PGR) possesses solid growth attributes, which could help it handily outperform the market.

  • Progressive's August Earnings Decrease, Revenues Rise Y/Y
    Zacks

    Progressive's August Earnings Decrease, Revenues Rise Y/Y

    Progressive's (PGR) August earnings reflect improvement in the top line offset by higher expenses.

  • Company News For Sep 16, 2019
    Zacks

    Company News For Sep 16, 2019

    Companies in the news are: GECC, TSN, LL, PGR

  • Zacks

    Stocks Clinch Three-Peat With Another Positive Week

    Stocks Clinch Three-Peat With Another Positive Week

  • Did The Progressive Corporation's (NYSE:PGR) Recent Earnings Growth Beat The Trend?
    Simply Wall St.

    Did The Progressive Corporation's (NYSE:PGR) Recent Earnings Growth Beat The Trend?

    For long term investors, improvement in profitability and outperformance against the industry can be important...

  • Dow Surpasses 27,000 on Friday
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    Dow Surpasses 27,000 on Friday

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  • GlobeNewswire

    Progressive Reports August 2019 Results

    MAYFIELD VILLAGE, OHIO, Sept. 13, 2019 -- The Progressive Corporation (NYSE:PGR) today reported the following results for August 2019:    August August  (millions, except per.

  • Progressive (PGR) Dips More Than Broader Markets: What You Should Know
    Zacks

    Progressive (PGR) Dips More Than Broader Markets: What You Should Know

    Progressive (PGR) closed the most recent trading day at $76.74, moving -0.84% from the previous trading session.

  • Insurers in Focus as Concerns Over Hurricane Dorian Loom
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    Insurers in Focus as Concerns Over Hurricane Dorian Loom

    As Hurricane Dorian devastates causing huge cat loss, we focus on few insurers and reinsurers how the share price moves and impact financial results.

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    What Makes Allstate (ALL) an Attractive Investment Option

    Allstate's (ALL) well-performing Property and Casualty segment and growing Service business poise it well for growth.

  • Progressive Drafts Baker Mayfield
    PR Newswire

    Progressive Drafts Baker Mayfield

    To that end, we tossed out the typical 'athlete-as-spokesperson' model and took a more modern, content-rich and episodic approach that's characteristic of today's network shows," said Jeff Charney, Progressive's Chief Marketing Officer.

  • Can The Progressive Corporation's (NYSE:PGR) ROE Continue To Surpass The Industry Average?
    Simply Wall St.

    Can The Progressive Corporation's (NYSE:PGR) ROE Continue To Surpass The Industry Average?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • Progressive (PGR) Gains But Lags Market: What You Should Know
    Zacks

    Progressive (PGR) Gains But Lags Market: What You Should Know

    Progressive (PGR) closed at $77.30 in the latest trading session, marking a +0.74% move from the prior day.

  • GuruFocus.com

    Progressive Corp (PGR) President and CEO Susan Patricia Griffith Sold $1.7 million of Shares

    President and CEO of Progressive Corp (30-Year Financial, Insider Trades) Susan Patricia Griffith (insider trades) sold 22,500 shares of PGR on 08/15/2019 at an average price of $76.47 a share. Continue reading...

  • Can Anything Stop Progressive Stock’s Ascent?
    InvestorPlace

    Can Anything Stop Progressive Stock’s Ascent?

    Progressive (NYSE:PGR) is certainly a well-know fixture for consumers. It's the No. 3 auto insurer in the country and has a foothold in the home insurance market.Source: Shutterstock What many don't realize is PGR has been in the insurance business since 1965 and is one of the most consistent leaders in incorporating new technology into the property & casualty (P&C) sector.Up until recently, insurers were enjoying an ideal market. Slow, steady growth and low interest rates meant consumers were comfortable, and looking to upgrade cars, houses, jet skis, motorcycles, and the like.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Cheap Dividend Stocks to Load Up On And the strong dollar was very helpful since Progressive, like all insurers, has to keep a chunk of the cash it gets from premiums in cash or cash alternatives like U.S. Treasury bonds so it can pay out any potential losses.The rest of cash it can invest to help boost its returns. Insuring more things that are newer means more premium growth, which means more money to invest.When you have falling rates on Treasuries, you have rising prices, which means PGR is making money on its cash equivalents. And when the stock market is strong, it means PGR is making money on its investments.In Q2, which was reported in mid-July, PGR's net investment income was up 43% compared to the same quarter last year. Its unrealized equity gains were up $505 million, compared to a $102 million loss last year.The auto insurance line grew premiums 15% year over year, and including all lines, business was up 12%. This includes losses from the Midwest floods and the fires out West.There was also a recent report from the Swiss Re Institute that insured losses in the first half of 2019 were down 30%. That is a great environment for a P&C insurer and PGR stock. It means that much more of its money can be earning instead of being paid out on claims. Company Expansion Will Help PGR StockMoving forward, which is what Progressive does relentlessly, judging by its Q2 investor presentation, the company is looking to expand its commercial vehicle and property insurance sector.This is a huge and expanding market where PGR has some exposure, but it seems it's looking to make significant inroads, given the fact that its entire Q2 presentation was about the market and the opportunities within the market.This sector covers everything from fleet vehicles to contractor programs (heavy duty machinery and equipment), to for-hire transportation (contracted tractor trailers and drivers) as well as everything in between. It even includes Uber (UBER) drivers.The point is, Progressive is already taking advantage of the evolving gig economy within its product lines.PGR stock is up 20% in the past year and 29% year to date. And because it's a U.S.-focused company, international issues aren't significant for PGR. That's why my Portfolio Grader gives PGR stock an A and continues to rate is as a strong buy. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post Can Anything Stop Progressive Stocka€™s Ascent? appeared first on InvestorPlace.

  • Progressive (PGR) Down 5.1% Since Last Earnings Report: Can It Rebound?
    Zacks

    Progressive (PGR) Down 5.1% Since Last Earnings Report: Can It Rebound?

    Progressive (PGR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Benzinga

    MKM Disects Progressive's July Results

    Auto insurance company Progressive Corp (NYSE: PGR ) reported a financial update for the month of July where the company showed a modest but expected slowdown in personal auto policies, according to MKM. ...

  • Maiden Holdings (MHLD) Q2 Loss Widens Y/Y, Revenues Down
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    Maiden Holdings (MHLD) Q2 Loss Widens Y/Y, Revenues Down

    Maiden Holdings (MHLD) Q2 results reflects wider loss and decline in revenues.

  • GlobeNewswire

    Progressive Reports July 2019 Results

    MAYFIELD VILLAGE, OHIO, Aug. 14, 2019 -- The Progressive Corporation (NYSE:PGR) today reported the following results for July 2019 :    July July  (millions, except per.

  • American City Business Journals

    Attention, FedEx stockholders: It's time to meet, vote on board nominees

    Among the annual stockholder meeting tasks: Vote on the 12 nominees for FedEx's board of directors.