Progressive Corp. Company Profile (NYSE:PGR)

About Progressive Corp.

Progressive Corp. logoThe Progressive Corporation is an insurance holding company. The Company's insurance subsidiaries and affiliates provide personal and commercial automobile and property insurance, other specialty property-casualty insurance and related services. The Company operates through Personal Lines, Commercial Lines and Property segments. The Company operates its vehicle businesses and property business in the United States. It also sells personal auto physical damage and auto property damage liability insurance in Australia. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. Its Commercial Lines business writes primary liability, physical damage and other auto-related insurance for automobiles and trucks owned and/or operated predominately by small businesses as a part of the commercial auto market. Its Property business writes homeowners and renters insurance, primarily in the Agency channel in over 31 states and the District of Columbia.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: Property & Casualty Insurance
  • Exchange: NYSE
  • Symbol: PGR
  • CUSIP: 74331510
Key Metrics:
  • Previous Close: $31.96
  • 50 Day Moving Average: $31.539
  • 200 Day Moving Average: $32.622
  • 52-Week Range: $29.32 - $35.54
  • Trailing P/E Ratio: 19.075
  • Foreward P/E Ratio: 15.86
  • P/E Growth: 2.110
  • Market Cap: $18.51B
  • Outstanding Shares: 580,799,000
  • Beta: 0.73
  • Net Margins: 4.31%
  • Return on Equity: 12.30%
  • Return on Assets: 3.00%
  • Debt-to-Equity Ratio: 0.39%
  • Current Ratio: 0.56%
  • Quick Ratio: 0.56%
Additional Links:
Companies Related to Progressive Corp.:

Analyst Ratings

Consensus Ratings for Progressive Corp. (NYSE:PGR) (?)
Ratings Breakdown: 3 Sell Ratings, 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.91)
Consensus Price Target: $31.20 (2.10% downside)

Analysts' Ratings History for Progressive Corp. (NYSE:PGR)
DateFirmActionRatingPrice TargetDetails
10/14/2016Citigroup Inc.UpgradeSell -> Neutral$30.00 -> $34.00View Rating Details
10/7/2016Credit Suisse Group AGSet Price TargetSell$28.00View Rating Details
9/19/2016Deutsche Bank AGLower Price TargetSell$30.00 -> $28.00View Rating Details
9/15/2016Keefe, Bruyette & WoodsUpgradeUnderperform -> Market Perform$29.00 -> $31.00View Rating Details
9/10/2016William BlairReiterated RatingOutperformView Rating Details
7/18/2016ArgusReiterated RatingHold$33.00View Rating Details
6/23/2016MKM PartnersReiterated RatingBuy$40.00View Rating Details
6/16/2016FBR & CoReiterated RatingHoldView Rating Details
3/28/2016Sandler O'NeillLower Price TargetHold$25.00 -> $24.00View Rating Details
3/17/2016Goldman Sachs Group Inc.Boost Price TargetSell$28.00 -> $29.00View Rating Details
1/19/2016MacquarieLower Price Target$33.00 -> $32.00View Rating Details
1/19/2016Sanford C. BernsteinDowngradeOutperform -> Market Perform$34.00 -> $33.00View Rating Details
9/21/2015Sterne Agee CRTInitiated CoverageNeutral$32.00View Rating Details
9/16/2015JMP SecuritiesInitiated CoverageOutperform$36.00View Rating Details
6/22/2015Raymond James Financial Inc.UpgradeMarket Perform -> Outperform$31.00View Rating Details
6/19/2015Barclays PLCBoost Price TargetUnderweight$24.00 -> $27.00View Rating Details
1/7/2015Janney Montgomery ScottUpgradeNeutral -> BuyView Rating Details
12/9/2014JPMorgan Chase & Co.Initiated CoverageNeutral$30.00View Rating Details
(Data available from 10/25/2014 forward)


Earnings History for Progressive Corp. (NYSE:PGR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/13/2016Q316$0.36$0.34$6.05 billionViewN/AView Earnings Details
7/14/2016Q216$0.34$0.33$5.93 billionViewN/AView Earnings Details
4/14/2016Q116$0.50$0.44$5.82 billionViewN/AView Earnings Details
1/27/2016Q415$0.47$0.56$5.04 billion$4.84 billionViewN/AView Earnings Details
10/16/2015Q315$0.48$0.47$5.41 billionViewN/AView Earnings Details
7/17/2015Q215$0.55$0.62$5.11 billion$5.25 billionViewN/AView Earnings Details
4/15/2015Q115$0.43$0.46$5.00 billion$5.07 billionViewN/AView Earnings Details
1/28/2015Q413$0.45$0.63$4.47 billion$4.61 billionViewN/AView Earnings Details
10/10/2014Q313$0.44$0.50$4.73 billionViewN/AView Earnings Details
7/10/2014Q2 14$0.48$0.49$4.64 billion$4.63 billionViewN/AView Earnings Details
4/9/2014Q1 14$0.39$0.54$4.62 billion$4.68 billionViewN/AView Earnings Details
1/22/2014Q413$0.43$0.50$4.06 billion$4.05 billionViewN/AView Earnings Details
10/9/2013Q4 13$0.36$0.39ViewN/AView Earnings Details
7/11/2013Q2 13$0.40$0.54$4.38 billion$4.39 billionViewN/AView Earnings Details
4/10/2013Q1 13$0.44$0.51$4.44 billion$4.45 billionViewN/AView Earnings Details
1/18/2013Q412$0.34$0.41$3.79 billion$3.84 billionViewN/AView Earnings Details
10/10/2012Q312$0.26$0.46$4.17 billionViewN/AView Earnings Details
7/12/2012$0.27$0.19ViewN/AView Earnings Details
4/11/2012$0.39$0.42ViewN/AView Earnings Details
1/19/2012$0.35$0.42ViewN/AView Earnings Details
10/12/2011$0.28$0.24ViewN/AView Earnings Details
7/14/2011$0.39$0.38ViewN/AView Earnings Details
4/14/2011$0.44$0.55ViewN/AView Earnings Details
1/20/2011$0.36$0.45ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Progressive Corp. (NYSE:PGR)
Current Year EPS Consensus Estimate: $1.52 EPS
Next Year EPS Consensus Estimate: $2.01 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.52$0.52$0.52
Q2 20163$0.31$0.32$0.32
Q3 20163$0.32$0.51$0.40
Q4 20163$0.47$0.57$0.52
Q1 20173$0.53$0.62$0.58
Q2 20173$0.43$0.58$0.51
Q3 20173$0.37$0.60$0.51
Q4 20173$0.58$0.66$0.62
(Data provided by Zacks Investment Research)


Current Dividend Information for Progressive Corp. (NYSE:PGR)
Annual Dividend:$0.89
Dividend Yield:2.79%
Dividend Growth:19.00% (3 Year Average)
Payout Ratio:53.29% (Based on Trailing 12 Months of Earnings)
58.55% (Based on Current Year Consensus EPS Estimate)
44.28% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Progressive Corp. (NYSE:PGR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Progressive Corp. (NYSE:PGR)
Insider Ownership Percentage: 0.60%
Institutional Ownership Percentage: 76.01%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/2/2016M Jeffrey CharneyInsiderSell7,000$32.50$227,500.00View SEC Filing  
7/22/2016Michael D SiegerInsiderSell3,200$32.93$105,376.00View SEC Filing  
7/18/2016John A BarbagalloInsiderSell24,000$33.01$792,240.00View SEC Filing  
7/15/2016Steven BrozInsiderSell2,500$33.17$82,925.00View SEC Filing  
6/28/2016John A BarbagalloInsiderSell11,000$31.50$346,500.00View SEC Filing  
6/24/2016Bradley T ShearesDirectorSell19,564$31.96$625,265.44View SEC Filing  
5/24/2016M Jeffrey CharneyCMOSell5,000$33.10$165,500.00View SEC Filing  
2/1/2016John F AuerCEO of Progressive's ASI branchBuy50,000$30.28$1,514,000.00View SEC Filing  
7/21/2015M Jeffrey CharneyCMOSell3,500$30.71$107,485.00View SEC Filing  
7/20/2015Raymond M VoelkerInsiderSell13,000$31.22$405,860.00View SEC Filing  
6/23/2015Susan Patricia GriffithCOOSell20,396$28.31$577,410.76View SEC Filing  
6/3/2015Michael D SiegerInsiderSell7,211$27.56$198,735.16View SEC Filing  
4/20/2015Raymond M VoelkerInsiderSell14,400$27.10$390,240.00View SEC Filing  
3/27/2015William M CodyCIOSell45,000$26.99$1,214,550.00View SEC Filing  
3/26/2015M Jeffrey CharneyCMOSell10,000$27.01$270,100.00View SEC Filing  
12/19/2014M Jeffrey CharneyCMOSell9,000$26.89$242,010.00View SEC Filing  
9/16/2014Thomas A KingVPSell103,737$25.18$2,612,097.66View SEC Filing  
8/19/2014John P SauerlandInsiderSell5,600$24.69$138,264.00View SEC Filing  
8/14/2014Raymond M VoelkerInsiderSell49,800$24.40$1,215,120.00View SEC Filing  
6/23/2014Glenn M RenwickCEOSell743,159$25.83$19,195,796.97View SEC Filing  
5/20/2014Brian DomeckInsiderSell15,000$25.11$376,650.00View SEC Filing  
9/17/2013Raymond VoelkerInsiderSell42,000$26.25$1,102,500.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Progressive Corp. (NYSE:PGR)
News IconTop Gainers of the Day: Progressive Corp. (NYSE:PGR) from Property & Casualty Insurance (NYSE:PGR) - October 25 at 11:56 AM
News IconStocks on Trader's Radar - Progressive Corp.'s (PGR) - Hot Stocks Point (NYSE:PGR) - October 24 at 6:30 PM
News IconToday's Top Gainers in the Market Progressive Corp. (NYSE:PGR) from Financial - The Daily Leicester (NYSE:PGR) - October 24 at 12:15 PM
News IconPay Close Attention To These Analyst Ratings: Progressive Corp. (NYSE:PGR), Ametek Inc. (NYSE:AME) - The Voice Registrar (NYSE:PGR) - October 24 at 12:15 PM logoProgressive Corp. breached its 50 day moving average in a Bearish Manner : PGR-US : October 24, 2016 (NYSE:PGR) - October 24 at 12:15 PM
News IconProgressive Corp. (NYSE:PGR) from Property & Casualty Insurance – Todays Top Gains (NYSE:PGR) - October 21 at 6:47 PM
News IconActive Stock News: LendingClub Corporation (LC), Progressive Corp. (PGR) - The Independent Republic (NYSE:PGR) - October 19 at 3:20 PM
News IconUpdate on Progressive Corp. (NYSE:PGR) for the day (NYSE:PGR) - October 18 at 12:03 PM logoProgressive Motorcycle Insurance And The Movember Foundation Rev Their Engines For Men's Health (NYSE:PGR) - October 18 at 12:03 PM logoProgressive Motorcycle Insurance and the Movember Foundation Rev Their Engines for Men's Health Progressive Mos and Motos team inspires motorcyclists across the U.S. to join the cause (NYSE:PGR) - October 18 at 12:03 PM logoNew Investment Firm (NYSE:PGR) - October 18 at 12:03 PM logoUS Stock Indexes Close Modestly Lower as Energy Prices Fall - New York Times (NYSE:PGR) - October 17 at 10:38 PM
News IconLeading stocks in today’s market: Progressive Corp. (NYSE:PGR) (NYSE:PGR) - October 16 at 6:33 PM
News IconProgressive Corp. (NYSE:PGR) – Top Stock from Financial Sector - The Daily Leicester (NYSE:PGR) - October 16 at 11:06 AM
News IconA look at a High Market Cap Stock: Progressive Corp., PGR - The Daily Leicester (NYSE:PGR) - October 16 at 11:06 AM
News IconTwo Financial Stocks Are Hot: Synchrony Financial (SYF), Progressive Corp. (PGR) - The Independent Republic (NYSE:PGR) - October 15 at 11:30 AM
News IconProgressive Corp. (PGR) Posts Earnings Results, Misses Expectations By $0.02 EPS (NYSE:PGR) - October 14 at 6:32 PM logoProgressive (PGR) Stock Closed Higher, Upgraded at Citi (NYSE:PGR) - October 14 at 6:32 PM logoDividend Stock Progressive Announces Positive Q3 Results (NYSE:PGR) - October 14 at 10:00 AM logoProgressive's (PGR) Q3 Earnings Beat on Higher Premiums (NYSE:PGR) - October 14 at 10:00 AM logoProgressive Corp. breached its 50 day moving average in a Bullish Manner : PGR-US : October 14, 2016 (NYSE:PGR) - October 14 at 10:00 AM
News IconProgressive Post Earnings Results (NYSE:PGR) - October 13 at 6:54 PM logoProgressive Takes Over #245 Spot From International Paper (NYSE:PGR) - October 13 at 6:54 PM
News IconHigh Market Cap Stock of the Day – Progressive Corp. (NYSE:PGR) (NYSE:PGR) - October 13 at 6:54 PM logoProgressive Corp. (PGR) Reports In-Line Q3 EPS (NYSE:PGR) - October 13 at 6:54 PM logoProgressive Earnings Take a Hit From Mother Nature (NYSE:PGR) - October 13 at 3:10 PM logo3 Big Stock Charts: Progressive Corp (PGR), American Express Company (AXP) and the ProShares UltraShort S&P500 ETF (SDS) (NYSE:PGR) - October 13 at 11:44 AM logoProgressive Corp. Bottom Line Falls 29% In Q3 (NYSE:PGR) - October 13 at 10:26 AM logoPROGRESSIVE CORP/OH/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi (NYSE:PGR) - October 13 at 10:26 AM logoProgressive Reports September 2016 Results (NYSE:PGR) - October 13 at 10:26 AM logoWill Progressive (PGR) Stock Be Helped by Q3 Earnings Beat? (NYSE:PGR) - October 13 at 10:26 AM logo5 Stocks To Watch For October 13, 2016 (NYSE:PGR) - October 13 at 7:03 AM
News IconPrice Target Analysis of DSW Inc. (NYSE:DSW) (NYSE:PGR) - October 12 at 12:08 PM logoLegal & General Group Plc Sold A Little More Progressive Corporation (The) C (PGR) Stock Last Quarter (NYSE:PGR) - October 12 at 12:08 PM
News IconAnalysts Crunch in Focus- Progressive Corp. (NYSE:PGR), MGIC Investment Corp. (NYSE:MTG) - Seneca Globe (NYSE:PGR) - October 10 at 6:18 PM
News IconQuantitative Systematic Strategies LLC reaches $1084000 position of Progressive Corp. (PGR) - DailyQuint (NYSE:PGR) - October 10 at 6:18 PM logoStocks Under Review: EnteroMedics (ETRM), BB&T (BBT) Progressive (PGR) - iStreetWire (NYSE:PGR) - October 10 at 11:32 AM
News IconTwo Financial Stocks Are Hot: The Bank of New York Mellon Corporation (BK), Progressive Corp. (PGR) - The Independent Republic (NYSE:PGR) - October 10 at 11:32 AM
News IconAlps Advisors Inc. Sold shares of Progressive Corp. (PGR) - DailyQuint (NYSE:PGR) - October 10 at 11:32 AM
News IconFinancial Stocks Worth Chasing: Universal Insurance Holdings Inc. (UVE), Progressive Corp. (PGR) - The Independent Republic (NYSE:PGR) - October 7 at 11:56 AM
News IconIt's Earnings Time: What to Do with Progressive Corp. (NYSE:PGR) Stock - The Voice Registrar (NYSE:PGR) - October 7 at 11:56 AM logoFlorida Braces for Hurricane Matthew; Can Insurers Handle It? (NYSE:PGR) - October 6 at 12:19 PM logoStocks Mixed but Rebounding as Crude Rallies for Day Two (NYSE:PGR) - October 6 at 12:19 PM
News IconStocks Hammered on Sluggish Data: MetLife, Inc. (NYSE:MET), Progressive Corp. (NYSE:PGR) - Street Wise Report (press release) (blog) (NYSE:PGR) - October 5 at 6:38 PM logoStocks Roundup: Progressive Corp. (PGR), Marriott International, Inc ... - iStreetWire (NYSE:PGR) - October 5 at 12:00 PM logoMovers to Watch - Progenics Pharmaceuticals, Inc. (NASDAQ:PGNX), Progressive Corp (NYSE:PGR) - Wall Street 24 (NYSE:PGR) - October 5 at 12:00 PM
News IconA look at a High Market Cap Stock: Progressive Corp., PGR – The ... - The Daily Leicester (NYSE:PGR) - October 5 at 12:00 PM logoAuto insurance provider ramps up hiring moves at South Austin facility (NYSE:PGR) - October 4 at 3:58 PM logoProgressive® Insurance to Hire More Than 1,300 People by End of Year Analytics, IT, Call Center and Claims roles in High Demand Across the Country (NYSE:PGR) - October 4 at 11:30 AM
News IconFinancial stocks for your portfolio: Progressive Corp. (PGR ... - The Independent Republic (NYSE:PGR) - October 1 at 5:56 PM


Progressive Corp. (NYSE:PGR) Chart for Tuesday, October, 25, 2016

Last Updated on 10/25/2016 by Staff