PGR:NYE-Progressive Corp (USD)

COMMON STOCK | Insurance - Property & Casualty |

Last Closing

USD 257.66

Change

+0.75 (+0.29)%

Market Cap

USD 149.65B

Volume

1.71M

Analyst Target

USD 98.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related 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 liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, and pick-up trucks used by small businesses, as well as non-fleet taxis, black-car services, and airport taxis; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks used by light contractors and heavy constructions; log trucks and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance. The company offers policy issuance and claims adjusting services; acts as an agent to homeowners, general liability, workers' compensation insurance, and other products; and reinsurance services. It sells its products through independent insurance agencies, as well as through mobile applications and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for Insurance - Property & Casualty

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ETFs Containing PGR

KBWP Invesco KBW Property & Ca.. 8.93 % 0.35 %

-0.25 (-0.17%)

USD 0.33B
SSPX Janus Henderson U.S. Sust.. 5.46 % 0.00 %

-0.09 (-0.17%)

USD 8.63M
BWTG 5.16 % 0.00 %

N/A

N/A
DXUS:CA Dynamic Active U.S. Equit.. 5.14 % 0.00 %

N/A

N/A
BCHP 4.85 % 0.00 %

N/A

N/A
BIBL Northern Lights Fund Trus.. 4.16 % 0.35 %

-0.05 (-0.17%)

USD 0.34B
HDGE:CA Accelerate Absolute Retur.. 3.79 % 0.00 %

N/A

CAD 0.03B
XVTD:LSE Xtrackers - FTSE Vietnam .. 3.66 % 0.00 %

-0.02 (-0.17%)

USD 0.29B
XFVT:SW Xtrackers FTSE Vietnam Sw.. 3.66 % 0.00 %

+0.03 (+-0.17%)

USD 0.29B
XFVT:XETRA Xtrackers - FTSE Vietnam .. 3.66 % 0.00 %

+0.04 (+-0.17%)

USD 0.35B
BOUT Innovator ETFs Trust - In.. 3.59 % 0.80 %

+0.09 (+-0.17%)

USD 0.01B
SPMV 3.51 % 0.00 %

N/A

N/A
IBCK:XETRA iShares Edge S&P 500 Mini.. 3.49 % 0.00 %

-0.61 (-0.17%)

USD 1.49B
IS31:XETRA iShares Edge S&P 500 Mini.. 3.49 % 0.00 %

-0.07 (-0.17%)

USD 0.11B
SPLV:SW iShares Edge S&P 500 Mini.. 3.49 % 0.00 %

-0.59 (-0.17%)

USD 1.38B
TULV:CA TD Q U.S. Low Volatility .. 3.36 % 0.00 %

-0.04 (-0.17%)

CAD 0.07B
INNO Harbor Disruptive Innovat.. 3.11 % 0.00 %

-0.03 (-0.17%)

N/A
SPME:SW iShares Edge S&P 500 Mini.. 3.04 % 0.00 %

N/A

N/A
XLF Financial Select Sector S.. 2.44 % 0.13 %

-0.14 (-0.17%)

USD 42.83B
IUFS:LSE iShares S&P 500 Financial.. 2.38 % 0.00 %

-0.06 (-0.17%)

USD 1.12B
QDVH:XETRA iShares S&P 500 Financial.. 2.38 % 0.00 %

-0.04 (-0.17%)

USD 1.12B
XSFN:LSE db x-trackers MSCI USA Fi.. 2.35 % 0.00 %

-17.75 (-0.17%)

USD 1.01B
XUFN:LSE db x-trackers MSCI USA Fi.. 2.35 % 0.00 %

-0.24 (-0.17%)

USD 1.01B
UIFS:LSE iShares S&P 500 USD Finan.. 2.34 % 0.00 %

-6.88 (-0.17%)

USD 1.39B
IUFS:SW iShares S&P 500 Financial.. 2.33 % 0.00 %

-0.06 (-0.17%)

USD 1.40B
MBOX Freedom Day Dividend ETF 2.31 % 0.00 %

-0.07 (-0.17%)

USD 0.11B
XUFN:XETRA db x-trackers MSCI USA Fi.. 2.30 % 0.00 %

-0.11 (-0.17%)

USD 1.16B
XUFN:SW Xtrackers MSCI USA Financ.. 2.30 % 0.00 %

N/A

USD 1.02B
AMOM QRAFT AI-Enhanced U.S. La.. 2.25 % 0.00 %

-0.13 (-0.17%)

USD 0.04B
QLTY:AU Betashares Global Quality.. 2.22 % 0.00 %

-0.10 (-0.17%)

USD 0.57B
XWMS:LSE Xtrackers MSCI World Mome.. 2.14 % 0.00 %

-0.27 (-0.17%)

USD 0.05B
XUSF:CA iShares S&P U.S. Financia.. 2.14 % 0.00 %

+1.36 (+-0.17%)

N/A
GXLF:LSE SPDR® S&P® U.S. Financi.. 2.13 % 0.00 %

-0.34 (-0.17%)

N/A
GVIP Goldman Sachs Hedge Indus.. 2.13 % 0.45 %

+0.13 (+-0.17%)

USD 0.28B
FNCL Fidelity® MSCI Financial.. 2.05 % 0.08 %

-0.13 (-0.17%)

USD 1.73B
FXO First Trust Financials Al.. 1.88 % 0.63 %

+0.06 (+-0.17%)

USD 0.89B
JEPI JPMorgan Equity Premium I.. 1.72 % 0.00 %

-0.16 (-0.17%)

USD 35.41B
XMU-U:CA iShares MSCI Min Vol USA .. 1.66 % 0.00 %

N/A

N/A
XWEB:XETRA Xtrackers MSCI World Mini.. 1.63 % 0.00 %

-0.22 (-0.17%)

USD 0.02B
XWBS:LSE Xtrackers MSCI World Mini.. 1.55 % 0.00 %

-0.27 (-0.17%)

USD 0.02B
JSTC Tidal ETF Trust - Adasina.. 1.32 % 0.00 %

-0.02 (-0.17%)

USD 0.20B
FRGE:LSE Franklin LibertyQ Global .. 1.17 % 0.00 %

-0.20 (-0.17%)

USD 0.02B
WCEO Hypatia Women Ceo ETF 1.14 % 0.00 %

+0.08 (+-0.17%)

USD 3.52M
PTL Northern Lights Fund Trus.. 1.10 % 0.00 %

-0.35 (-0.17%)

N/A
JOET Virtus ETF Trust II 0.92 % 0.00 %

-0.10 (-0.17%)

USD 0.11B
JPUS JPMorgan Diversified Retu.. 0.46 % 0.19 %

-0.13 (-0.17%)

USD 0.43B
FAS Direxion Daily Financial .. 0.00 % 1.04 %

-1.28 (-0.17%)

N/A
IAK iShares U.S. Insurance ET.. 0.00 % 0.43 %

-0.10 (-0.17%)

N/A
IYF iShares U.S. Financials E.. 0.00 % 0.42 %

-0.16 (-0.17%)

N/A
MWD:CA Mackenzie Maximum Diversi.. 0.00 % 0.60 %

-0.24 (-0.17%)

N/A
PXLG Invesco S&P 500 GARP ETF 0.00 % 0.39 %

-0.13 (-0.17%)

N/A
RYF 0.00 % 0.40 %

N/A

N/A
USMV 0.00 % 0.15 %

N/A

N/A
UYG ProShares Ultra Financial.. 0.00 % 0.95 %

-0.40 (-0.17%)

N/A
WBIL WBI BullBear Quality 3000.. 0.00 % 1.07 %

-0.17 (-0.17%)

USD 0.04B
DXG:CA Dynamic Active Global Div.. 0.00 % 0.82 %

+0.42 (+-0.17%)

N/A
DXU:CA Dynamic Active U.S. Divid.. 0.00 % 0.82 %

+0.47 (+-0.17%)

N/A
FPEI First Trust Institutional.. 0.00 % 0.85 %

+0.01 (+-0.17%)

USD 1.47B
MVUS:LSE iShares VI Public Limited.. 0.00 % 0.00 %

-72.00 (-0.17%)

N/A
SPMD:LSE iShares Edge S&P 500 Mini.. 0.00 % 0.00 %

-0.06 (-0.17%)

N/A
SPMV:LSE iShares Edge S&P 500 Mini.. 0.00 % 0.00 %

-0.72 (-0.17%)

N/A
SXLF:LSE SPDR S&P U.S. Financials .. 0.00 % 0.00 %

-0.21 (-0.17%)

N/A
XMXD:LSE db x-trackers MSCI EM EME.. 0.00 % 0.00 %

+0.08 (+-0.17%)

N/A
IBCK:F iShares VI Public Limited.. 0.00 % 0.00 %

-0.45 (-0.17%)

N/A
IS31:F iShares VI Public Limited.. 0.00 % 0.00 %

-0.02 (-0.17%)

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

+0.02 (+-0.17%)

N/A
GBDV 0.00 % 0.00 %

N/A

N/A
ASPY 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Insurance - Property & Casualty) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 61.77% 97% N/A 98% N/A
Dividend Return 0.66% 17% F 15% F
Total Return 62.42% 97% N/A 98% N/A
Trailing 12 Months  
Capital Gain 80.57% 91% A- 97% N/A
Dividend Return 0.81% 18% F 10% F
Total Return 81.38% 91% A- 97% N/A
Trailing 5 Years  
Capital Gain 238.98% 97% N/A 96% N/A
Dividend Return 11.51% 41% F 42% F
Total Return 250.49% 97% N/A 95% A
Average Annual (5 Year Horizon)  
Capital Gain 24.54% 95% A 86% B+
Dividend Return 26.75% 93% A 86% B+
Total Return 2.20% 42% F 48% F
Risk Return Profile  
Volatility (Standard Deviation) 20.14% 60% D- 51% F
Risk Adjusted Return 132.81% 100% F 99% N/A
Market Capitalization 149.65B 100% F 99% N/A

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 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.

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.

Superior Dividend Growth

This stock has shown top quartile dividend 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