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Financial Services - Insurance - Property & Casualty - NYSE - US
$ 255.27
-0.92 %
$ 150 B
Market Cap
17.73
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PGR stock under the worst case scenario is HIDDEN Compared to the current market price of 255 USD, The Progressive Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PGR stock under the base case scenario is HIDDEN Compared to the current market price of 255 USD, The Progressive Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PGR stock under the best case scenario is HIDDEN Compared to the current market price of 255 USD, The Progressive Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PGR

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$300.0$300.0$290.0$290.0$280.0$280.0$270.0$270.0$260.0$260.0$250.0$250.0$240.0$240.0$230.0$230.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
8.76 B REVENUE
-85.88%
0 OPERATING INCOME
0.00%
8.48 B NET INCOME
117.30%
15.1 B OPERATING CASH FLOW
42.05%
-13.7 B INVESTING CASH FLOW
-26.81%
-1.32 B FINANCING CASH FLOW
-1687.18%
20.3 B REVENUE
2.82%
3.04 B OPERATING INCOME
0.00%
2.36 B NET INCOME
0.99%
3.01 B OPERATING CASH FLOW
-34.77%
-2.94 B INVESTING CASH FLOW
33.46%
-59.3 M FINANCING CASH FLOW
58.93%
Balance Sheet The Progressive Corporation
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Current Assets 95.6 B
Cash & Short-Term Investments 76.1 B
Receivables 19.1 B
Other Current Assets 349 M
Non-Current Assets 10.2 B
Long-Term Investments 0
PP&E 790 M
Other Non-Current Assets 9.38 B
71.96 %18.09 %8.87 %Total Assets$105.7b
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 0
Non-Current Liabilities 80.2 B
Long-Term Debt 6.89 B
Other Non-Current Liabilities 73.3 B
8.60 %91.40 %Total Liabilities$80.2b
EFFICIENCY
Earnings Waterfall The Progressive Corporation
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Revenue 8.76 B
Cost Of Revenue 0
Gross Profit 8.76 B
Operating Expenses 0
Operating Income 0
Other Expenses -8.48 B
Net Income 8.48 B
9b9b8b8b7b7b6b6b5b5b4b4b3b3b2b2b1b1b009b09b008b8bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
0.00% OPERATING MARGIN
0.00%
96.77% NET MARGIN
96.77%
33.14% ROE
33.14%
8.02% ROA
8.02%
0.00% ROIC
0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis The Progressive Corporation
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16b16b14b14b12b12b10b10b8b8b6b6b4b4b2b2b0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 8.48 B
Depreciation & Amortization 284 M
Capital Expenditures -285 M
Stock-Based Compensation 122 M
Change in Working Capital 6.51 B
Others 7.08 B
Free Cash Flow 14.8 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets The Progressive Corporation
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Wall Street analysts predict an average 1-year price target for PGR of $273 , with forecasts ranging from a low of $235 to a high of $312 .
PGR Lowest Price Target Wall Street Target
235 USD -7.94%
PGR Average Price Target Wall Street Target
273 USD 6.86%
PGR Highest Price Target Wall Street Target
312 USD 22.22%
Price
Max Price Target
Min Price Target
Average Price Target
320320300300280280260260240240220220200200180180May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.04% DIVIDEND YIELD
0.1 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
5.00005.00004.50004.50004.00004.00003.50003.50003.00003.00002.50002.50002.00002.00001.50001.50001.00001.00000.50000.50000.00000.00000.68620.88820.68081.12472.5142.354.60.854.60.991.190.981.52.822.812.654.800.100.100.854.602015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership The Progressive Corporation
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Sold
0-3 MONTHS
18.4 M USD 12
3-6 MONTHS
8.97 M USD 7
6-9 MONTHS
43 M USD 12
9-12 MONTHS
7.59 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Why Progressive (PGR) is a Top Growth Stock for the Long-Term Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. zacks.com - 1 week ago
Cyclical Ceiling In Sight? BofA Turns Cautious On Progressive During Macro Shifts BofA Securities analyst Joshua Shanker downgraded Progressive Corp PGR from Buy to Neutral, lowering the price forecast from $300 to $287. benzinga.com - 2 weeks ago
Progressive (PGR) to Report Q1 Results: Wall Street Expects Earnings Growth Progressive (PGR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago
Progressive (PGR) Stock Slides as Market Rises: Facts to Know Before You Trade The latest trading day saw Progressive (PGR) settling at $281.23, representing a -1.08% change from its previous close. zacks.com - 2 weeks ago
Why Progressive (PGR) is a Top Momentum Stock for the Long-Term Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. zacks.com - 2 weeks ago
The Progressive Corporation (PGR) Is a Trending Stock: Facts to Know Before Betting on It Progressive (PGR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. zacks.com - 2 weeks ago
4 Growth Stocks From P&C Insurance Space to Keep an Eye On Given the prospects of the Property and Casualty Insurance industry, HRTG, KINS, ROOT and PGR have the potential to generate better returns than other players. zacks.com - 2 weeks ago
These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP. zacks.com - 3 weeks ago
Progressive (PGR) Ascends While Market Falls: Some Facts to Note In the latest trading session, Progressive (PGR) closed at $274.67, marking a +0.78% move from the previous day. zacks.com - 3 weeks ago
Is Progressive (PGR) a Solid Growth Stock? 3 Reasons to Think "Yes" Progressive (PGR) could produce exceptional returns because of its solid growth attributes. zacks.com - 3 weeks ago
Is It Worth Investing in Progressive (PGR) Based on Wall Street's Bullish Views? Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? zacks.com - 3 weeks ago
Is Progressive's Still a Buy Post Its Impressive February Results? PGR seems well-poised on improving premiums, steady policy life expectancy, investment in technology and a solid capital position. zacks.com - 3 weeks ago
8. Profile Summary

The Progressive Corporation PGR

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COUNTRY US
INDUSTRY Insurance - Property & Casualty
MARKET CAP $ 150 B
Dividend Yield 0.04%
Description The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
Contact 6300 Wilson Mills Road, Mayfield, OH, 44143 https://www.progressive.com
IPO Date March 17, 1980
Employees 66308
Officers Mr. Jonathan S. Bauer Chief Investment Officer Mr. Steven Anthony Broz Chief Information Officer Mr. David M. Stringer Vice President, Secretary & Chief Legal Officer Mr. Douglas S. Constantine Director of Investor Relations Ms. Karen Barone Bailo President of Commercial Lines Mr. John Peter Sauerland Vice President & Chief Financial Officer Mr. Carl G. Joyce Vice President & Chief Accounting Officer Ms. Susan Patricia Griffith President, Chief Executive Officer & Director Mr. John Joseph Murphy President of Claims Mr. Patrick K. Callahan President of Personal Lines