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Financial Services - Insurance - Property & Casualty - NYSE - US
$ 255.78
-0.668 %
$ 150 B
Market Cap
18.6
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one PGR stock under the base case scenario is HIDDEN Compared to the current market price of 256 USD, The Progressive Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PGR

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FINANCIALS
62.1 B REVENUE
25.20%
5.17 B OPERATING INCOME
460.90%
3.9 B NET INCOME
440.87%
10.6 B OPERATING CASH FLOW
55.40%
-10.8 B INVESTING CASH FLOW
-36.28%
78 M FINANCING CASH FLOW
-93.07%
278 M REVENUE
-98.43%
3.01 B OPERATING INCOME
92.77%
4.66 B NET INCOME
219.24%
6.36 B OPERATING CASH FLOW
94.60%
-4.59 B INVESTING CASH FLOW
-40.64%
-1.57 B FINANCING CASH FLOW
-2157.70%
Balance Sheet Decomposition The Progressive Corporation
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Current Assets 11.7 B
Cash & Short-Term Investments 11.5 B
Receivables 0
Other Current Assets 250 M
Non-Current Assets 65.6 M
Long-Term Investments 66 B
PP&E 1.05 B
Other Non-Current Assets -67 B
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 0
Non-Current Liabilities 34.4 B
Long-Term Debt 7.07 B
Other Non-Current Liabilities 27.4 B
EFFICIENCY
Earnings Waterfall The Progressive Corporation
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Revenue 62.1 B
Cost Of Revenue 7.6 M
Gross Profit 62.1 B
Operating Expenses 57.2 B
Operating Income 5.17 B
Other Expenses 1.27 B
Net Income 3.9 B
RATIOS
99.99% GROSS MARGIN
99.99%
8.33% OPERATING MARGIN
8.33%
6.29% NET MARGIN
6.29%
19.25% ROE
19.25%
13.78% ROA
13.78%
15.15% ROIC
15.15%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis The Progressive Corporation
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Net Income 3.9 B
Depreciation & Amortization 300 M
Capital Expenditures -252 M
Stock-Based Compensation 121 M
Change in Working Capital 6.6 B
Others 6.32 B
Free Cash Flow 10.4 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 $263 , with forecasts ranging from a low of $215 to a high of $312 .
PGR Lowest Price Target Wall Street Target
215 USD -15.94%
PGR Average Price Target Wall Street Target
263 USD 2.85%
PGR Highest Price Target Wall Street Target
312 USD 21.98%
4. DIVIDEND ANALYSIS
0.32% DIVIDEND YIELD
0.1 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership The Progressive Corporation
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Sold
0-3 MONTHS
16.4 M USD 4
3-6 MONTHS
33.1 M USD 12
6-9 MONTHS
8.98 M USD 4
9-12 MONTHS
23.6 M USD 4
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
Date Value Insider Amount Avg Price
3 weeks ago
Oct 21, 2024
Sell 749 K USD
Broz Steven
Chief Information Officer
- 2981
251.15 USD
1 month ago
Sep 27, 2024
Sell 550 K USD
Van Dyke Kahina
Director
- 2180
252.28 USD
1 month ago
Sep 23, 2024
Sell 775 K USD
Broz Steven
Chief Information Officer
- 2982
260 USD
1 month ago
Sep 20, 2024
Sell 1.96 M USD
Callahan Patrick K
Personal Lines President
- 7696
255.21 USD
2 months ago
Sep 03, 2024
Sell 10.9 M USD
Griffith Susan Patricia
President and CEO
- 43370
252.2 USD
2 months ago
Aug 19, 2024
Sell 1.44 M USD
Broz Steven
Chief Information Officer
- 6122
235.19 USD
3 months ago
Aug 16, 2024
Sell 1.83 M USD
Callahan Patrick K
Personal Lines President
- 7697
237.2 USD
3 months ago
Aug 15, 2024
Sell 2.26 M USD
Murphy John Jo
Claims President
- 9512
237.5 USD
3 months ago
Jul 22, 2024
Sell 4.86 M USD
Sauerland John P
VP and Chief Financial Officer
- 22708
214.01 USD
3 months ago
Jul 22, 2024
Sell 851 K USD
Quigg Andrew J
Chief Strategy Officer
- 3975
214.01 USD
3 months ago
Jul 22, 2024
Sell 2.03 M USD
Niederst Lori A
CRM President
- 9507
214.01 USD
3 months ago
Jul 22, 2024
Sell 9.28 M USD
Griffith Susan Patricia
President and CEO
- 43371
214.01 USD
3 months ago
Jul 22, 2024
Sell 1.7 M USD
Callahan Patrick K
Personal Lines President
- 7930
214.01 USD
3 months ago
Jul 22, 2024
Sell 653 K USD
Broz Steven
Chief Information Officer
- 3050
214.01 USD
3 months ago
Jul 22, 2024
Sell 528 K USD
Bauer Jonathan S.
Chief Investment Officer
- 2467
214.01 USD
3 months ago
Jul 22, 2024
Sell 1.69 M USD
Bailo Karen
Commercial Lines President
- 7882
214.01 USD
4 months ago
Jul 18, 2024
Sell 1.14 M USD
FARAH ROGER N
Director
- 5039.3886
226.67 USD
4 months ago
Jul 17, 2024
Sell 466 K USD
Bleser Philip
Director
- 2129
219.08 USD
4 months ago
Jun 28, 2024
Sell 2.1 M USD
Sauerland John P
VP and Chief Financial Officer
- 10000
210.4 USD
4 months ago
Jun 24, 2024
Sell 640 K USD
Broz Steven
Chief Information Officer
- 3050
209.81 USD
5 months ago
Jun 18, 2024
Sell 428 K USD
Bauer Jonathan S.
Chief Investment Officer
- 2047
209.1 USD
5 months ago
Jun 17, 2024
Sell 135 K USD
Marshall Mariann Wojtkun
Chief Accounting Officer
- 650
208.11 USD
5 months ago
May 29, 2024
Sell 2.55 M USD
Sauerland John P
VP and Chief Financial Officer
- 12457
204.43 USD
6 months ago
May 15, 2024
Sell 1.53 M USD
Broz Steven
Chief Information Officer
- 7361
207.25 USD
7 months ago
Apr 17, 2024
Sell 208 K USD
Johnson Devin C
Director
- 1000
208.326 USD
8 months ago
Mar 05, 2024
Sell 1.6 M USD
Bailo Karen
Commercial Lines President
- 8464
189.49 USD
8 months ago
Feb 21, 2024
Sell 5.65 M USD
Callahan Patrick K
Personal Lines President
- 29675
190.26 USD
10 months ago
Jan 17, 2024
Sell 93.3 K USD
Quigg Andrew J
Chief Strategy Officer
- 551
169.24 USD
10 months ago
Jan 17, 2024
Sell 219 K USD
Niederst Lori A
CRM President
- 1293
169.24 USD
10 months ago
Jan 17, 2024
Sell 1.01 M USD
Griffith Susan Patricia
President and CEO
- 5939
169.24 USD
10 months ago
Jan 03, 2024
Sell 196 K USD
Quigg Andrew J
Chief Strategy Officer
- 1210
162.26 USD
10 months ago
Jan 03, 2024
Sell 498 K USD
Niederst Lori A
CRM President
- 3069
162.26 USD
10 months ago
Jan 03, 2024
Sell 2.13 M USD
Griffith Susan Patricia
President and CEO
- 13110
162.26 USD
11 months ago
Nov 29, 2023
Sell 14.7 M USD
Griffith Susan Patricia
President and CEO
- 90000
162.887 USD
11 months ago
Nov 28, 2023
Sell 666 K USD
Quigg Andrew J
Chief Strategy Officer
- 4052
164.28 USD
11 months ago
Nov 28, 2023
Sell 2.01 M USD
Niederst Lori A
CRM President
- 12224
164.28 USD
11 months ago
Nov 28, 2023
Sell 2.16 M USD
Mascaro Daniel P
Vice Pres, Secretary and CLO
- 13170
164.28 USD
1 year ago
Oct 23, 2023
Sell 1.28 M USD
Burgdoerfer Stuart B
Director
- 8280
155 USD
1 year ago
Oct 24, 2023
Sell 1.04 M USD
Burgdoerfer Stuart B
Director
- 6720
155.2958 USD
1 year ago
Oct 13, 2023
Sell 2.25 M USD
KELLY JEFFREY D
Director
- 15000
150 USD
1 year ago
Sep 18, 2023
Sell 220 K USD
Mascaro Daniel P
Vice Pres, Secretary and CLO
- 1570
140.39 USD
1 year ago
Sep 15, 2023
Sell 1.62 M USD
Sauerland John P
VP and Chief Financial Officer
- 12000
135.19 USD
1 year ago
Aug 30, 2023
Sell 2.89 M USD
Snyder Barbara R
Director
- 21731
133.0917 USD
1 year ago
Aug 24, 2023
Sell 1.57 M USD
Sauerland John P
VP and Chief Financial Officer
- 12000
130.46 USD
1 year ago
Aug 03, 2023
Sell 646 K USD
Quigg Andrew J
Chief Strategy Officer
- 5070
127.5 USD
1 year ago
Jul 27, 2023
Sell 1.52 M USD
Sauerland John P
VP and Chief Financial Officer
- 12000
126.51 USD
1 year ago
Jun 29, 2023
Sell 1.58 M USD
Sauerland John P
VP and Chief Financial Officer
- 12000
131.81 USD
1 year ago
May 31, 2023
Sell 1.53 M USD
Sauerland John P
VP and Chief Financial Officer
- 12000
127.55 USD
1 year ago
May 19, 2023
Sell 126 K USD
Broz Steven
Chief Information Officer
- 926
136.5 USD
1 year ago
Apr 21, 2023
Sell 128 K USD
Broz Steven
Chief Information Officer
- 930
137.79 USD
1 year ago
Apr 19, 2023
Sell 280 K USD
Bleser Philip
Director
- 2000
139.86 USD
1 year ago
Mar 24, 2023
Sell 384 K USD
Mascaro Daniel P
Vice Pres, Secretary and CLO
- 2806
136.96 USD
1 year ago
Mar 24, 2023
Sell 127 K USD
Broz Steven
Chief Information Officer
- 930
136.96 USD
1 year ago
Mar 22, 2023
Sell 70.1 K USD
Johnson Devin C
Director
- 500
140.183 USD
1 year ago
Mar 16, 2023
Sell 65.4 K USD
Marshall Mariann Wojtkun
Chief Accounting Officer
- 471.54
138.67 USD
1 year ago
Feb 24, 2023
Sell 397 K USD
Mascaro Daniel P
Vice Pres, Secretary and CLO
- 2806
141.64 USD
1 year ago
Feb 24, 2023
Sell 132 K USD
Broz Steven
Chief Information Officer
- 930
141.64 USD
1 year ago
Feb 22, 2023
Sell 2.21 M USD
Griffith Susan Patricia
President and CEO
- 15473
142.64 USD
1 year ago
Jan 31, 2023
Sell 446 K USD
Mascaro Daniel P
Vice Pres, Secretary and CLO
- 3284
135.73 USD
1 year ago
Jan 30, 2023
Sell 126 K USD
Broz Steven
Chief Information Officer
- 930
135.5 USD
1 year ago
Jan 04, 2023
Sell 3.5 M USD
Griffith Susan Patricia
President and CEO
- 26885
130.36 USD
1 year ago
Jan 04, 2023
Sell 237 K USD
Quigg Andrew J
Chief Strategy Officer
- 1821
130.36 USD
1 year ago
Jan 04, 2023
Sell 598 K USD
Murphy John Jo
Claims President
- 4590
130.36 USD
1 year ago
Jan 04, 2023
Sell 475 K USD
Callahan Patrick K
Personal Lines President
- 3644
130.36 USD
1 year ago
Dec 20, 2022
Sell 644 K USD
Bailo Karen
Commercial Lines President
- 5000
128.895 USD
1 year ago
Dec 19, 2022
Sell 497 K USD
Mascaro Daniel P
Vice Pres, Secretary and CLO
- 3930
126.55 USD
1 year ago
Dec 16, 2022
Sell 657 K USD
Broz Steven
Chief Information Officer
- 5170
127.07 USD
2 years ago
Nov 18, 2022
Sell 509 K USD
Mascaro Daniel P
Vice Pres, Secretary and CLO
- 3930
129.59 USD
2 years ago
Nov 18, 2022
Sell 670 K USD
Broz Steven
Chief Information Officer
- 5170
129.59 USD
2 years ago
Nov 03, 2022
Sell 3.18 M USD
Sauerland John P
VP and Chief Financial Officer
- 25000
127.18 USD
2 years ago
Oct 20, 2022
Sell 467 K USD
Mascaro Daniel P
Vice Pres, Secretary and CLO
- 3930
118.88 USD
2 years ago
Oct 20, 2022
Sell 615 K USD
Broz Steven
Chief Information Officer
- 5170
118.88 USD
2 years ago
Oct 17, 2022
Sell 5.84 M USD
Griffith Susan Patricia
President and CEO
- 50000
116.85 USD
2 years ago
Oct 17, 2022
Sell 632 K USD
Murphy John Jo
Claims President
- 5270
120 USD
2 years ago
Sep 16, 2022
Sell 2.4 M USD
Callahan Patrick K
Personal Lines President
- 19068
125.7652 USD
2 years ago
Aug 25, 2022
Sell 402 K USD
Quigg Andrew J
Chief Strategy Officer
- 3180
126.43 USD
2 years ago
Aug 25, 2022
Sell 1.33 M USD
Niederst Lori A
CRM President
- 10522
126.43 USD
2 years ago
May 24, 2022
Sell 63 K USD
Mascaro Daniel P
Vice Pres, Secretary and CLO
- 558
112.94 USD
2 years ago
May 04, 2022
Sell 120 K USD
Broz Steven
Chief Information Officer
- 1067
112.59 USD
2 years ago
Apr 21, 2022
Sell 63.4 K USD
Mascaro Daniel P
Vice Pres, Secretary and CLO
- 558
113.59 USD
7. News
Why Is Progressive (PGR) Up 2.4% Since Last Earnings Report? Progressive (PGR) reported earnings 30 days ago. What's next for the stock? zacks.com - 2 days ago
5 P&C Insurance Stocks to Gain From Prudent Underwriting Zacks Property and Casualty Insurance players like PGR, CB, TRV, ALL and CINF are likely to benefit from catastrophes that drive policy renewal rate and pricing. zacks.com - 2 days ago
Best Growth Stocks to Buy for November 12th TILE, PGR, and VRT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 12, 2024. zacks.com - 5 days ago
Buy 4 Low-Beta Stocks SFM, AVO, LRN, PGR to Beat Market Volatility It is imperative to build a portfolio of low-beta stocks to navigate a volatile market. SFM, AVO, LRN & PGR are well-poised to gain. zacks.com - 5 days ago
The Progressive Corporation (PGR) Hits Fresh High: Is There Still Room to Run? Progressive (PGR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. zacks.com - 5 days ago
Best Growth Stocks to Buy for November 8th TILE, PGR, and VRT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 8, 2024. zacks.com - 1 week ago
Investors Heavily Search The Progressive Corporation (PGR): Here is What You Need to Know Recently, Zacks.com users have been paying close attention to Progressive (PGR). This makes it worthwhile to examine what the stock has in store. zacks.com - 1 week ago
Why Progressive Stock Was a Winner on Wednesday It doesn't hurt to have a big name in finance waxing bullish on your prospects. fool.com - 1 week ago
Election Day: What to Expect from the Stock Market? It is finally election day and investors are wondering what's in store for the stock market. Historically, presidential elections create short-term volatility as investors react to the outcomes, especially in sectors most likely to be impacted by the new administration's policies. zacks.com - 1 week ago
The Progressive Corporation (PGR) Q3 2024 Earnings Call Transcript The Progressive Corporation (NYSE:PGR ) Q3 2024 Earnings Conference Call November 5, 2024 9:30 AM ET Company Participants Doug Constantine - Director, Investor Relations Tricia Griffith - President and CEO Jay VanAntwerp - Media Business Leader John Sauerland - Chief Financial Officer Patrick Callahan - President, Personal Lines Jon Bauer - Chief Investment Officer Conference Call Participants Josh Shanker - Bank of America Bob Huang - Morgan Stanley Elyse Greenspan - Wells Fargo Michael Phillips - Oppenheimer Gregory Peters - Raymond James Jimmy Bhullar - JPMorgan David Motemaden - Evercore Brian Meredith - UBS Meyer Shields - KBW Mike Zaremski - BMO Doug Constantine Good morning. And thank you for joining us today for Progressive's First (sic) [Third] Quarter Investor Event. seekingalpha.com - 1 week ago
This Stock Turned $10,000 Into $1.5 Million Over the Past 3 Decades. Here's Why It's a Smart Buy Today. This stock is an excellent example of how investing in quality businesses can produce stellar long-term returns. fool.com - 2 weeks ago
The Zacks Analyst Blog The Progressive, Qualcomm, GE Aerospace, S&P Global and Boston Scientific The Progressive, Qualcomm, GE Aerospace, S&P Global and Boston Scientific are included in this Analyst Blog. zacks.com - 2 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 0.32%
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 61432
Officers Ms. Mariann Wojtkun Marshall Vice President, Chief Accounting Officer & Assistant Secretary Ms. Susan Patricia Griffith President, Chief Executive Officer & Director Mr. Douglas S. Constantine Director of Investor Relations Mr. Steven Anthony Broz Chief Information Officer Mr. Patrick K. Callahan President of Personal Lines Ms. Karen Barone Bailo President of Commercial Lines Mr. Jonathan S. Bauer Chief Investment Officer David M. Stringer Vice President, Secretary & Chief Legal Officer Mr. John Peter Sauerland Vice President & Chief Financial Officer Mr. John Joseph Murphy President of Claims