Progressive logo

PGR - Progressive Share Price

$85.95 -1.2  -1.3%

Last Trade - 26/02/21

Sector
Financials
Size
Large Cap
Market Cap £36.10bn
Enterprise Value £39.98bn
Revenue £30.60bn
Position in Universe 233rd / 6715
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -2.33%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -15.8%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
20,832 23,417 26,816 31,955 38,998 42,638 46,356 51,317 +15.4%
-0.3 -18.2 +44.8 +73.4 +51.9 +43.9 -40.5 +2.02
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020,Progressive Corp revenues increased 9% to $42.64B. Netincome applicable to common stockholders increased 44% to$5.68B. Revenues reflect Investment expenses increase of19% to -$20M. Net income benefited from Expense Ratio -% -Property Business decrease of 2% to 29.8%, Loss Ratio -% -Property Business increase of 9% to 77.3%. Dividend pershare increased from $2.65 to $4.90.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for PGR
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

The Progressive Corporation is an insurance holding company. The Company's insurance subsidiaries and affiliates provide personal and commercial automobile and property insurance, other specialty property-casualty insurance and related services. The Company operates through the Personal Lines, Commercial Lines and Property segments. The Company's Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. The Commercial Lines business writes primary liability, physical damage, and business-related general liability and property insurance. It provides property insurance for homes, condos, manufactured homes, and renters, as well as personal umbrella insurance and primary and excess flood insurance. The Company's service business includes commercial auto insurance procedures/plans (CAIP) and commission-based businesses.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated February 4, 1965
Public Since June 1, 1987
No. of Shareholders: n/a
No. of Employees: 41,571
Sector Financials
Industry Insurance
Index S&P Composite 1500 , S&P 500 Financial (sector), S&P 500 ,
Exchange New York Stock Exchange
Shares in Issue 585,200,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
PGR Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for PGR
Upcoming Events for PGR
Monday 15th March, 2021 Estimate
February 2021 Progressive Corp Earnings Release
Tuesday 13th April, 2021 Estimate
March 2021 Progressive Corp Earnings Release
Tuesday 18th May, 2021 Estimate
April 2021 Progressive Corp Earnings Release
Frequently Asked Questions for Progressive
What is the Progressive share price?

As of 26/02/21, shares in Progressive are trading at $85.95, giving the company a market capitalisation of £36.10bn. This share price information is delayed by 15 minutes.

How has the Progressive share price performed this year?

Shares in Progressive are currently trading at $85.95 and the price has moved by 12.68% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Progressive price has moved by -13.07% over the past year.

What are the analyst and broker recommendations for Progressive?

Of the analysts with advisory recommendations for Progressive, there are there are currently 4 "buy" , 9 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Progressive is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Progressive next release its financial results?

Progressive is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Progressive dividend yield?

The Progressive dividend yield is 5.7% based on the trailing twelve month period.

Does Progressive pay a dividend?

Last year, Progressive paid a total dividend of 4.9, and it currently has a trailing dividend yield of 5.7%. Looking ahead, Progressive has not announced an ex-dividend date yet.

When does Progressive next pay dividends?

Progressive has yet to annouce their ex-dividend date. The historic dividend yield on Progressive shares is currently 5.7%.

How do I buy Progressive shares?

To buy shares in Progressive you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Progressive?

Shares in Progressive are currently trading at $85.95, giving the company a market capitalisation of £36.10bn.

Where are Progressive shares listed? Where are Progressive shares listed?

Here are the trading details for Progressive:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: PGR
What kind of share is Progressive?

Based on an overall assessment of its quality, value and momentum, Progressive is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Progressive share price forecast 2021?

Shares in Progressive are currently priced at $85.95. At that level they are trading at 17.2% discount to the analyst consensus target price of 0.00.

Analysts covering Progressive currently have a consensus Earnings Per Share (EPS) forecast of 5.747 for the next financial year.

How can I tell whether the Progressive share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Progressive. Over the past six months, the relative strength of its shares against the market has been -16.13%. At the current price of $85.95, shares in Progressive are trading at -3.92% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Progressive PE Ratio?

The Progressive PE ratio based on its reported earnings over the past 12 months is 8.9. The shares are currently trading at $85.95.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Progressive?

Progressive's management team is headed by:

Charles Davis - IND
Susan Griffith - PRE
John Sauerland - CFO
Roger Farah - IND
Lawton Fitt - CHM
Stuart Burgdoerfer - IND
Michael Sieger - CEX
Steven Broz - CIO
Patrick Callahan - CEX
John Murphy - CEX
Lori Niederst - CHO
Philip Bleser - IND
Pamela Craig - IND
Jonathan Bauer - CIN
Mariann Marshall - CAO
Who are the major shareholders of Progressive?

Here are the top five shareholders of Progressive based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 8.24% (48.3m shares)
Wellington Management Company, LLP Investment Advisor/Hedge Fund
Percentage owned: 5.81% (34.0m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 5.05% (29.6m shares)
State Street Global Advisors (US) Investment Advisor/Hedge Fund
Percentage owned: 4.33% (25.4m shares)
Vanguard Total Stock Market Index Fund Mutual Fund
Percentage owned: 2.82% (16.5m shares)
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