Financhill
Buy
64

PGR Quote, Financials, Valuation and Earnings

Last price:
$273.2500
Seasonality move :
9.59%
Day range:
$282.2000 - $291.6350
52-week range:
$201.3400 - $292.9900
Dividend yield:
1.73%
P/E ratio:
19.67x
P/S ratio:
2.21x
P/B ratio:
6.49x
Volume:
3.4M
Avg. volume:
2.8M
1-year change:
37.24%
Market cap:
$166.1B
Revenue:
$75.3B
EPS (TTM):
$14.40

Analysts' Opinion

  • Consensus Rating
    Progressive has received a consensus rating of Hold. The company's average rating is a Hold based on 4 Buy ratings, 6 Hold ratings, and 1 Sell rating.
  • Price Target Upside
    According to analysts' consensus price target of $289.8235, Progressive has an estimated upside of 2.31% from its current price of $283.2800.
  • Price Target Downside
    According to analysts, the lowest downside price target is $183.0000 representing 35.4% downside risk from its current price of $283.2800.

Fair Value

  • According to the consensus of 11 analysts, Progressive has 2.31% upside to fair value with a price target of $289.8235 per share.

PGR vs. S&P 500

  • Over the past 5 trading days, Progressive has overperformed the S&P 500 by 0.92% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • Progressive does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Progressive has grown year-over-year revenues for 10 quarters straight. In the most recent quarter Progressive reported revenues of $20.3B.

Earnings Growth

  • Progressive has grown year-over-year earnings for 6 quarters straight. In the most recent quarter Progressive reported earnings per share of $4.01.
Enterprise value:
96.9B
EV / Invested capital:
2.98x
Price / LTM sales:
2.21x
EV / EBIT:
8.81x
EV / Revenue:
1.29x
PEG ratio (5yr expected):
0.17x
EV / Free cash flow:
6.53x
Price / Operating cash flow:
11.22x
Enterprise value / EBITDA:
--
Gross Profit (TTM):
--
Return On Assets:
8.62%
Net Income Margin (TTM):
11.26%
Return On Equity:
35.88%
Return On Invested Capital:
27.78%
Operating Margin:
--
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Income Statement
Revenue $49.6B $62.1B $75.3B $16.9B $20.3B
Gross Profit -- -- -- -- --
Operating Income -- -- -- -- --
EBITDA -- -- -- -- --
Diluted EPS $1.17 $6.58 $14.40 $3.37 $4.01
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Balance Sheet
Current Assets $54.7B $59.8B $66.3B $79.6B $95.6B
Total Assets $64.1B $71.1B $75.5B $88.7B $105.7B
Current Liabilities $2.7B -- -- -- $2.7B
Total Liabilities $47.1B $52.9B $59.6B $68.4B $80.2B
Total Equity $17B $18.2B $15.9B $20.3B $25.6B
Total Debt $5.4B $4.9B $6.4B $6.9B $6.9B
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Cash Flow Statement
Cash Flow Operations $6.8B $10.6B $15.1B $2.4B $3B
Cash From Investing -$8B -$10.8B -$13.7B -$2.3B -$2.9B
Cash From Financing $1.1B $78M -$1.3B -$129.8M -$59.3M
Free Cash Flow $6.6B $10.4B $14.8B $2.4B $2.9B
PGR
Sector
Market Cap
$166.1B
$618.6M
Price % of 52-Week High
96.69%
85.59%
Dividend Yield
1.73%
2.01%
Shareholder Yield
0.58%
3.87%
1-Year Price Total Return
37.24%
9.44%
Beta (5-Year)
0.350
0.715
Dividend yield:
1.73%
Annualized payout:
$1.15
Payout ratio:
8.04%
Growth streak:
1 years

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Technicals

8-day SMA
Buy
Level $281.6338
200-day SMA
Buy
Level $242.0355
Bollinger Bands (100)
Buy
Level 240.9507 - 268.9907
Chaikin Money Flow
Buy
Level 737.3M
20-day SMA
Buy
Level $277.2965
Relative Strength Index (RSI14)
Buy
Level 61.5304
ADX Line
Buy
Level 37.9123
Williams %R
Neutral
Level -49.4429
50-day SMA
Buy
Level $258.0658
MACD (12, 26)
Buy
Level 7.5125
25-day Aroon Oscillator
Buy
Level 92
On Balance Volume
Neutral
Level 612.8M

Financial Scores

--
Altman Z-Score (Annual)
Level (--)
Sell
CA Score (Annual)
Level (-0.8638)
--
Beneish M-Score (Annual)
Level (--)
Buy
Momentum Score
Level (9)
Buy
Ohlson Score
Level (-1.6555)
--
Piotroski F Score (Annual)
Level (--)
--
Quality Ratio Score
Level (--)
Buy
Fundamental Score
Level (8)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 24 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.

Stock Forecast FAQ

In the current month, PGR has received 4 Buy ratings 6 Hold ratings, and 1 Sell ratings. The PGR average analyst price target in the past 3 months is $289.8235.

  • Where Will Progressive Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Progressive share price will rise to $289.8235 per share over the next 12 months.

  • What Do Analysts Say About Progressive?

    Analysts are divided on their view about Progressive share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Progressive is a Sell and believe this share price will drop from its current level to $183.0000.

  • What Is Progressive's Price Target?

    The price target for Progressive over the next 1-year time period is forecast to be $289.8235 according to 11 Wall Street analysts, 4 of them rate the stock a Buy, 1 rates the stock a Sell, and 6 analysts rate the stock a Hold.

  • Is PGR A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Progressive is a Hold. 6 of 11 analysts rate the stock a Hold at this time.

  • How Can I Buy Shares Of PGR?

    You can purchase shares of Progressive via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Progressive shares.

  • What Is The Progressive Share Price Today?

    Progressive was last trading at $273.2500 per share. This represents the most recent stock quote for Progressive. Yesterday, Progressive closed at $283.2800 per share.

  • How To Buy Progressive Stock Online?

    In order to purchase Progressive stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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