PGR:NYE-Progressive Corporation (The) (USD)

EQUITY | Insurance - Property & Casualty | New York Stock Exchange

Last Closing

USD 206.34

Change

-3.04 (-1.45)%

Market Cap

USD 19.36B

Volume

1.68M

Analyst Target

USD 98.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Progressive Corp is an insurance holding company, whose subsidiaries provides personal and commercial automobile insurance and other property-casualty insurance and related services throughout the United States.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-22 )

Largest Industry Peers for Insurance - Property & Casualty

Symbol Name Price(Change) Market Cap
CB Chubb Ltd

N/A

USD 107.17B
TRV The Travelers Companies Inc

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USD 47.42B
ALL The Allstate Corporation

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USD 41.45B
ALL-PH The Allstate Corporation

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USD 34.66B
HIG Hartford Financial Services Gr..

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USD 29.49B
MKL Markel Corporation

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USD 20.22B
WRB W. R. Berkley Corp

N/A

USD 20.01B
HIG-PG The Hartford Financial Service..

N/A

USD 18.46B
L Loews Corp

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USD 16.61B
CNA CNA Financial Corporation

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USD 12.02B

ETFs Containing PGR

IAK iShares U.S. Insurance ET.. 15.17 % 0.43 %

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USD 0.61B
KBWP Invesco KBW Property & Ca.. 8.76 % 0.35 %

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USD 0.32B
DXUS:CA Dynamic Active U.S. Equit.. 5.74 % 0.00 %

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CAD 0.03B
BCHP 4.72 % 0.00 %

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WBIL WBI BullBear Quality 3000.. 4.67 % 1.07 %

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USD 0.04B
BWTG 4.61 % 0.00 %

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SSPX Janus Henderson U.S. Sust.. 4.55 % 0.00 %

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USD 8.12M
BIBL Northern Lights Fund Trus.. 3.58 % 0.35 %

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USD 0.32B
SPLV:SW iShares Edge S&P 500 Mini.. 3.21 % 0.00 %

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USD 1.87B
SPMV 3.13 % 0.00 %

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SPME:SW iShares Edge S&P 500 Mini.. 3.11 % 0.00 %

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USD 0.09B
INNO Harbor Disruptive Innovat.. 2.63 % 0.00 %

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USD 0.03B
XUSF:CA iShares S&P U.S. Financia.. 2.19 % 0.00 %

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CAD 3.66M
SXLF:SW SPDR S&P U.S. Financials .. 2.19 % 0.00 %

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IUFS:SW iShares S&P 500 Financial.. 2.19 % 0.00 %

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USD 1.11B
GXLF:LSE SPDR® S&P® U.S. Financi.. 2.16 % 0.00 %

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USD 0.36B
XUFN:SW Xtrackers MSCI USA Financ.. 2.12 % 0.00 %

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USD 1.13B
XSFN:LSE db x-trackers MSCI USA Fi.. 2.07 % 0.00 %

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USD 1.13B
XUFN:LSE db x-trackers MSCI USA Fi.. 2.07 % 0.00 %

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USD 1.13B
FXO First Trust Financials Al.. 1.73 % 0.63 %

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USD 0.83B
FAS Direxion Daily Financial .. 1.61 % 1.04 %

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USD 2.08B
WCEO Hypatia Women Ceo ETF 1.28 % 0.00 %

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USD 3.52M
FNCL Fidelity® MSCI Financial.. 0.00 % 0.08 %

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USD 1.60B
GVIP Goldman Sachs Hedge Indus.. 0.00 % 0.45 %

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USD 0.22B
IYF iShares U.S. Financials E.. 0.00 % 0.42 %

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USD 2.63B
KIE SPDR® S&P Insurance ETF 0.00 % 0.35 %

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USD 0.74B
MUS:CA Mackenzie Maximum Diversi.. 0.00 % 0.58 %

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CAD 0.11B
MWD:CA Mackenzie Maximum Diversi.. 0.00 % 0.60 %

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CAD 0.30B
PXLG 0.00 % 0.39 %

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AMOM QRAFT AI-Enhanced U.S. La.. 0.00 % 0.00 %

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USD 0.02B
RYF 0.00 % 0.40 %

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UYG ProShares Ultra Financial.. 0.00 % 0.95 %

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USD 0.65B
VFH Vanguard Financials Index.. 0.00 % 0.10 %

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USD 9.22B
XMU:CA iShares MSCI Min Vol USA .. 0.00 % 0.33 %

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CAD 0.30B
FPEI First Trust Institutional.. 0.00 % 0.85 %

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USD 1.27B
MVUS:LSE iShares VI Public Limited.. 0.00 % 0.00 %

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USD 1.89B
SPMD:LSE iShares Edge S&P 500 Mini.. 0.00 % 0.00 %

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USD 0.10B
SPMV:LSE iShares Edge S&P 500 Mini.. 0.00 % 0.00 %

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USD 1.89B
FLXG:LSE Franklin LibertyQ Global .. 0.00 % 0.00 %

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USD 0.02B
SXLF:LSE SPDR S&P U.S. Financials .. 0.00 % 0.00 %

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USD 0.37B
XMXD:LSE db x-trackers MSCI EM EME.. 0.00 % 0.00 %

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USD 0.02B
IBCK:F iShares VI Public Limited.. 0.00 % 0.00 %

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IS31:F iShares VI Public Limited.. 0.00 % 0.00 %

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QDVH:F iShares S&P 500 Financial.. 0.00 % 0.00 %

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USD 1.12B
XUFN:F Xtrackers (IE) Public Lim.. 0.00 % 0.00 %

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USD 1.16B
ZPDF:F SPDR S&P U.S. Financials .. 0.00 % 0.00 %

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USD 0.36B
IBCK:XETRA iShares Edge S&P 500 Mini.. 0.00 % 0.00 %

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USD 1.49B
IS31:XETRA iShares Edge S&P 500 Mini.. 0.00 % 0.00 %

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USD 0.11B
QDVH:XETRA iShares S&P 500 Financial.. 0.00 % 0.00 %

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USD 1.12B
XUFN:XETRA db x-trackers MSCI USA Fi.. 0.00 % 0.00 %

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USD 1.16B
ZPDF:XETRA SPDR S&P U.S. Financials .. 0.00 % 0.00 %

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USD 0.36B
GBDV 0.00 % 0.00 %

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JEPI JPMorgan Equity Premium I.. 0.00 % 0.00 %

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USD 33.58B
JSTC Tidal ETF Trust - Adasina.. 0.00 % 0.00 %

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USD 0.17B
XMU-U:CA iShares MSCI Min Vol USA .. 0.00 % 0.00 %

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ASPY 0.00 % 0.00 %

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Market Performance

  Market Performance vs. Industry/Classification (Insurance - Property & Casualty) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 29.55% 91% A- 94% A
Dividend Return 0.60% 33% F 30% F
Total Return 30.14% 91% A- 94% A
Trailing 12 Months  
Capital Gain 56.91% 91% A- 93% A
Dividend Return 0.87% 19% F 9% A-
Total Return 57.79% 91% A- 92% A
Trailing 5 Years  
Capital Gain 157.22% 96% N/A 91% A-
Dividend Return 10.91% 45% F 41% F
Total Return 168.13% 96% N/A 91% A-
Average Annual (5 Year Horizon)  
Capital Gain 20.24% 94% A 84% B
Dividend Return 22.42% 91% A- 84% B
Total Return 2.18% 36% F 49% F
Risk Return Profile  
Volatility (Standard Deviation) 15.04% 78% C+ 68% D+
Risk Adjusted Return 149.04% 100% F 100% F
Market Capitalization 19.36B 100% F 98% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Insurance - Property & Casualty) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 19.70 33% 37%
Price/Book Ratio 6.04 11% 14%
Price / Cash Flow Ratio 11.51 17% 34%
Price/Free Cash Flow Ratio 21.85 67% 12%
Management Effectiveness  
Return on Equity 29.92% 94% 91%
Return on Invested Capital 201.54% 100% 99%
Return on Assets 5.42% 94% 76%
Debt to Equity Ratio 33.97% 38% 70%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector