NYSE:PGR - Progressive Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $70.72 -0.06 (-0.08 %) (As of 09/21/2018 04:00 PM ET)Previous Close$70.78Today's Range$70.64 - $71.2352-Week Range$47.42 - $71.23Volume4.12 million shsAverage Volume3.39 million shsMarket Capitalization$40.71 billionP/E Ratio26.90Dividend Yield1.61%Beta0.7 Company ProfileDiscussionAnalyst RatingsChartDividend HistoryEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, and snowmobiles. The company's Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; home, condominium, renters, and other insurance; and general liability and business owner's policies, and workers' compensation insurance. In addition, it offers reinsurance services. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on Internet, and mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio. Receive PGR News and Ratings via Email Sign-up to receive the latest news and ratings for PGR and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance SymbolNYSE:PGR CUSIP74331510 Webwww.progressive.com Phone440-461-5000 Debt Debt-to-Equity Ratio0.37 Current Ratio0.43 Quick Ratio0.43 Price-To-Earnings Trailing P/E Ratio26.90 Forward P/E Ratio15.58 P/E Growth2.1 Sales & Book Value Annual Sales$26.84 billion Price / Sales1.53 Cash Flow$3.2351 per share Price / Cash21.86 Book Value$15.96 per share Price / Book4.43 Profitability EPS (Most Recent Fiscal Year)$2.63 Net Income$1.59 billion Net Margins7.57% Return on Equity21.84% Return on Assets5.24% Miscellaneous Employees33,656 Outstanding Shares582,510,000Market Cap$40.71 billion Progressive (NYSE:PGR) Frequently Asked Questions What is Progressive's stock symbol? Progressive trades on the New York Stock Exchange (NYSE) under the ticker symbol "PGR." How often does Progressive pay dividends? What is the dividend yield for Progressive? Progressive declared an annual dividend on Friday, December 8th. Shareholders of record on Friday, February 2nd will be paid a dividend of $1.125 per share on Friday, February 9th. This represents a dividend yield of 1.85%. The ex-dividend date is Thursday, February 1st. View Progressive's Dividend History. How were Progressive's earnings last quarter? Progressive Corp (NYSE:PGR) released its quarterly earnings data on Tuesday, July, 17th. The insurance provider reported $1.19 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.08 by $0.11. The insurance provider had revenue of $8.10 billion for the quarter, compared to analysts' expectations of $8.01 billion. Progressive had a net margin of 7.57% and a return on equity of 21.84%. The firm's quarterly revenue was up 20.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.63 earnings per share. View Progressive's Earnings History. When is Progressive's next earnings date? Progressive is scheduled to release their next quarterly earnings announcement on Tuesday, October, 16th 2018. View Earnings Estimates for Progressive. What price target have analysts set for PGR? 13 analysts have issued 1 year price targets for Progressive's shares. Their forecasts range from $43.00 to $80.00. On average, they anticipate Progressive's stock price to reach $63.6923 in the next year. This suggests that the stock has a possible downside of 9.9%. View Analyst Price Targets for Progressive. What is the consensus analysts' recommendation for Progressive? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Progressive in the last year. There are currently 2 sell ratings, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Progressive. What are Wall Street analysts saying about Progressive stock? Here are some recent quotes from research analysts about Progressive stock: 1. According to Zacks Investment Research, "Shares of Progressive have outperformed the industry in a year and the company witnessed its 2018 and 2019 estimates move north in the last 60 days. The company strives to become a one-stop insurance destination catering to customers, opting for a combination of home and auto. Policies in force and retention ratio will continue to remain healthy. The company’s Snapshot, Robinson and Home Quote Explorer programs should continue to drive the business. It focuses on paying back its shareholders via dividends as well as share repurchases that lower the share count and boost the bottom line. However, the company’s growth could be challenged by intense competition. Exposure to catastrophe events and escalating expenses remains headwinds." (9/19/2018) 2. Wells Fargo & Co analysts commented, "We are seeing a slowing of rate increases in the personal auto sector and we believe others will join PGR in the push for growth. As PGR pushes for growth and less rate, and as favorable frequency trends reverse, we believe PGR should see some margin volatility and see the shares fairly valued at current levels $ 2017A 2018E 2019E EPS Curr. Curr." (8/15/2018) Who are some of Progressive's key competitors? Some companies that are related to Progressive include Chubb (CB), American International Group (AIG), Tokio Marine (TKOMY), Travelers Companies (TRV), Allstate (ALL), Ms&Ad Insurance Group (MSADY), Hartford Financial Services Group (HIG), Markel (MKL), Loews (L), XL Group (XL), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Cincinnati Financial (CINF), Cna Financial (CNA), Arch Capital Group (ACGL) and American Financial Group (AFG). Who are Progressive's key executives? Progressive's management team includes the folowing people: Ms. Susan Patricia Griffith, Pres, CEO & Director (Age 54)Mr. John Peter Sauerland, VP & CFO (Age 54)Mr. William M. Cody, Chief Investment Officer (Age 56)Mr. John Andrew Barbagallo, Pres of Commercial Lines (Age 59)Mr. Jeffrey W. Basch, VP & Chief Accounting Officer (Age 60) Has Progressive been receiving favorable news coverage? News coverage about PGR stock has trended somewhat positive on Friday, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Progressive earned a daily sentiment score of 0.18 on Accern's scale. They also gave headlines about the insurance provider an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Progressive. Who are Progressive's major shareholders? Progressive's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.78%), Artisan Partners Limited Partnership (3.08%), Janus Henderson Group PLC (2.08%), Bank of New York Mellon Corp (1.50%), Bank of New York Mellon Corp (1.50%) and Renaissance Technologies LLC (1.22%). Company insiders that own Progressive stock include Jeffrey D Kelly, Jeffrey W Basch, John Jo Murphy, John P Sauerland, M Jeffrey Charney, Steven Broz, Susan Patricia Griffith, Valerie A Krasowski and William M Cody. View Institutional Ownership Trends for Progressive. Which institutional investors are selling Progressive stock? PGR stock was sold by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, OppenheimerFunds Inc., Russell Investments Group Ltd., USS Investment Management Ltd, Thompson Siegel & Walmsley LLC, Point72 Asset Management L.P., Los Angeles Capital Management & Equity Research Inc. and Canada Pension Plan Investment Board. Company insiders that have sold Progressive company stock in the last year include Jeffrey W Basch, John Jo Murphy, John P Sauerland, M Jeffrey Charney, Steven Broz, Susan Patricia Griffith and William M Cody. View Insider Buying and Selling for Progressive. Which institutional investors are buying Progressive stock? PGR stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Renaissance Technologies LLC, Janus Henderson Group PLC, Fred Alger Management Inc., Artisan Partners Limited Partnership, TD Asset Management Inc., First Quadrant L P CA and Marshall Wace LLP. View Insider Buying and Selling for Progressive. How do I buy shares of Progressive? Shares of PGR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Progressive's stock price today? One share of PGR stock can currently be purchased for approximately $70.72. How big of a company is Progressive? Progressive has a market capitalization of $40.71 billion and generates $26.84 billion in revenue each year. The insurance provider earns $1.59 billion in net income (profit) each year or $2.63 on an earnings per share basis. Progressive employs 33,656 workers across the globe. How can I contact Progressive? Progressive's mailing address is 6300 Wilson Mills Road, Mayfield Village OH, 44143. The insurance provider can be reached via phone at 440-461-5000. MarketBeat Community Rating for Progressive (NYSE PGR)Community Ranking: 1.8 out of 5 ()Outperform Votes: 349 (Vote Outperform)Underperform Votes: 604 (Vote Underperform)Total Votes: 953MarketBeat's community ratings are surveys of what our community members think about Progressive and other stocks. Vote "Outperform" if you believe PGR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PGR will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 9/21/2018 by MarketBeat.com StaffFeatured Article: How are the companies in the S&P 500 selected?