Financhill
Buy
53

PGR Quote, Financials, Valuation and Earnings

Last price:
$243.0800
Seasonality move :
7.77%
Day range:
$240.3500 - $243.2500
52-week range:
$156.0600 - $270.6200
Dividend yield:
0.47%
P/E ratio:
17.68x
P/S ratio:
1.99x
P/B ratio:
5.25x
Volume:
678.1K
Avg. volume:
2.6M
1-year change:
54.18%
Market cap:
$142.5B
Revenue:
$62.1B
EPS (TTM):
$13.76

Analysts' Opinion

  • Consensus Rating
    Progressive has received a consensus rating of Hold. The company's average rating is a Hold based on 5 Buy ratings, 7 Hold ratings, and 1 Sell rating.
  • Price Target Upside
    According to analysts' consensus price target of $276.5625, Progressive has an estimated upside of 13.7% from its current price of $243.2400.
  • Price Target Downside
    According to analysts, the lowest downside price target is $151.0000 representing 100% downside risk from its current price of $243.2400.

Fair Value

  • According to the consensus of 13 analysts, Progressive has 13.7% upside to fair value with a price target of $276.5625 per share.

PGR vs. S&P 500

  • Over the past 5 trading days, Progressive has underperformed the S&P 500 by -4.55% suggesting its relative strength compared to the major market average is weak 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 9 quarters straight. In the most recent quarter Progressive reported revenues of $19.7B.

Earnings Growth

  • Progressive has grown year-over-year earnings for 5 quarters straight. In the most recent quarter Progressive reported earnings per share of $3.97.
Enterprise value:
140.6B
EV / Invested capital:
4.13x
Price / LTM sales:
1.99x
EV / EBIT:
13.36x
EV / Revenue:
1.95x
PEG ratio (5yr expected):
0.09x
EV / Free cash flow:
9.84x
Price / Operating cash flow:
10.00x
Enterprise value / EBITDA:
--
Gross Profit (TTM):
--
Return On Assets:
8.6%
Net Income Margin (TTM):
11.27%
Return On Equity:
36.88%
Return On Invested Capital:
28.08%
Operating Margin:
--
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Income Statement
Revenue $48.6B $58.7B $72B $15.6B $19.7B
Gross Profit -- -- -- -- --
Operating Income -- -- -- -- --
EBITDA -- -- -- -- --
Diluted EPS $1.41 $4.60 $13.76 $1.89 $3.97
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Balance Sheet
Current Assets $54.1B $62.4B $66.3B $76.5B $29B
Total Assets $62.9B $72.6B $75.5B $85.7B $105.2B
Current Liabilities $499.7M $58.5M -- -- --
Total Liabilities $44.8B $54.1B $60.7B $68.3B $78B
Total Equity $18.1B $18.6B $14.8B $17.4B $27.2B
Total Debt $5.4B $4.9B $6.4B $6.9B $6.9B
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations $6.4B $9.1B $14.5B $3.4B $4.6B
Cash From Investing -$6.5B -$9.5B -$13.2B -$3.4B -$4.4B
Cash From Financing $214.3M $128.9M -$1.4B -$108.5M -$144.4M
Free Cash Flow $6.1B $8.9B $14.3B $3.4B $4.6B
PGR
Sector
Market Cap
$142.5B
$700.3M
Price % of 52-Week High
89.88%
88.31%
Dividend Yield
0.47%
2.2%
Shareholder Yield
0.58%
3.87%
1-Year Price Total Return
54.18%
7.75%
Beta (5-Year)
0.380
0.737
Dividend yield:
0.47%
Annualized payout:
$0.40
Payout ratio:
8.53%
Growth streak:
0 years

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Technicals

8-day SMA
Sell
Level $244.2238
200-day SMA
Buy
Level $229.0864
Bollinger Bands (100)
Sell
Level 236.6553 - 260.4153
Chaikin Money Flow
Buy
Level 719.9M
20-day SMA
Sell
Level $252.1010
Relative Strength Index (RSI14)
Sell
Level 40.4703
ADX Line
Sell
Level 20.0111
Williams %R
Neutral
Level -76.9454
50-day SMA
Sell
Level $252.5764
MACD (12, 26)
Sell
Level -4.1799
25-day Aroon Oscillator
Sell
Level -64
On Balance Volume
Neutral
Level 598.5M

Financial Scores

--
Altman Z-Score (Annual)
Level (--)
Sell
CA Score (Annual)
Level (-1.1682)
--
Beneish M-Score (Annual)
Level (--)
Buy
Momentum Score
Level (9)
--
Ohlson Score
Level (--)
--
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 20 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 5 Buy ratings 7 Hold ratings, and 1 Sell ratings. The PGR average analyst price target in the past 3 months is $276.5625.

  • Where Will Progressive Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Progressive share price will rise to $276.5625 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 $151.0000.

  • What Is Progressive's Price Target?

    The price target for Progressive over the next 1-year time period is forecast to be $276.5625 according to 13 Wall Street analysts, 5 of them rate the stock a Buy, 1 rates the stock a Sell, and 7 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. 7 of 13 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 $243.0800 per share. This represents the most recent stock quote for Progressive. Yesterday, Progressive closed at $243.2400 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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