$98.76 -1.6 -1.6%
Last Trade - 16/04/21
| Market Cap | £41.79bn |
| Enterprise Value | £45.99bn |
| Revenue | £30.83bn |
| Position in Universe | 215th / 6850 |
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| Year End 31st Dec | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021E | 2022E | CAGR / Avg | |
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| 20,832 | 23,417 | 26,816 | 31,955 | 38,998 | 42,638 | 45,556 | 50,451 | +15.4% | ||
| -0.3 | -18.2 | +44.8 | +73.4 | +51.9 | +43.9 | -38.8 | +0.20 | |||
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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.
| Last Annual | December 31st, 2020 |
| Last Interim | December 31st, 2020 |
| Incorporated | February 4, 1965 |
| Public Since | June 1, 1987 |
| No. of Shareholders: | 1,896 |
| No. of Employees: | 43,326 |
| 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 | 585,153,282 |
| Free Float | (0.0%) |
| Eligible for |
✓
ISAs
✓
SIPPs
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| Address | 6300 Wilson Mills Rd, MAYFIELD VILLAGE, 44143-2109, United States |
| Web | https://www.progressive.com/ |
| Phone | +1 440 4615000 |
| Contact | () |
| Auditors | PricewaterhouseCoopers LLP |
As of 16/04/21, shares in Progressive are trading at $98.76, giving the company a market capitalisation of £41.79bn. This share price information is delayed by 15 minutes.
Shares in Progressive are currently trading at $98.76 and the price has moved by 24.87% 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 -13.93% over the past year.
Of the analysts with advisory recommendations for Progressive, there are there are currently 3 "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.
Progressive is scheduled to issue upcoming financial results on the following dates:
The Progressive dividend yield is 4.96% based on the trailing twelve month period.
Last year, Progressive paid a total dividend of 4.9, and it currently has a trailing dividend yield of 4.96%. Looking ahead, Progressive has not announced an ex-dividend date yet.
Progressive has yet to annouce their ex-dividend date. The historic dividend yield on Progressive shares is currently 4.96%.
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.
Shares in Progressive are currently trading at $98.76, giving the company a market capitalisation of £41.79bn.
Here are the trading details for Progressive:
Based on an overall assessment of its quality, value and momentum, Progressive is currently classified as a Contrarian. 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.
Shares in Progressive are currently priced at $98.76. At that level they are trading at 3.89% discount to the analyst consensus target price of 0.00.
Analysts covering Progressive currently have a consensus Earnings Per Share (EPS) forecast of 5.912 for the next financial year.
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 -15.92%. At the current price of $98.76, shares in Progressive are trading at 7.27% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Progressive PE ratio based on its reported earnings over the past 12 months is 10.22. The shares are currently trading at $98.76.
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.
Progressive's management team is headed by:
Here are the top five shareholders of Progressive based on the size of their shareholding:
