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NYSE: PGR
Progressive Corp Stock

$215.51+6.79 (+3.25%)
Updated May 6, 2024
PGR Price
$215.51
Fair Value Price
N/A
Market Cap
$126.22B
52 Week Low
$111.41
52 Week High
$216.21
P/E
21.99x
P/B
5.79x
P/S
1.86x
PEG
N/A
Dividend Yield
0.53%
Revenue
$65.05B
Earnings
$5.77B
Gross Margin
29.3%
Operating Margin
11.6%
Profit Margin
8.8%
Debt to Equity
3.32
Operating Cash Flow
$12B
Beta
0.63
Next Earnings
May 15, 2024
Ex-Dividend
N/A
Next Dividend
N/A

PGR Overview

The Progressive Corporation provides personal and commercial auto, residential and commercial property, general liability, and other specialty property-casualty insurance products in the U.S. The company also offers policy issuance and claims adjusting services to general liability and workers' compensation insurance companies. Progressive was founded in 1937 and is headquartered in Mayfield, OH.

Zen Score

Industry Average (32)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how PGR scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

PGR is forecast by analysts to be unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
PGR is good value based on its earnings relative to its share price (21.99x), compared to the US market average (32.78x)
P/E vs Market Valuation
PGR is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more PGR due diligence checks available for Premium users.

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PGR News

Valuation

PGR price to earnings (PE)

For valuing profitable companies with steady earnings
Company
21.99x
Industry
17.6x
Market
32.78x
PGR is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
PGR is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

PGR price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
5.79x
Industry
2.19x
PGR is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

PGR's financial health

Profit margin

Revenue
$17.2B
Net Income
$2.3B
Profit Margin
13.4%
PGR's Earnings (EBIT) of $7.55B... subscribe to Premium to read more.
Interest Coverage Financials
PGR's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$94.1B
Liabilities
$72.3B
Debt to equity
3.32
PGR's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
PGR's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$4.2B
Investing
-$3.1B
Financing
-$1.0B
PGR's operating cash flow ($12.43B)... subscribe to Premium to read more.
Debt Coverage Financials

PGR vs Property & Casualty Insurance Stocks

TickerMarket Cap1d %P/EP/B
PGR$126.22B+3.25%21.99x5.79x
CB$102.35B+1.41%11.11x1.69x
TRV$49.44B+0.96%15.89x1.98x
ALL$44.89B+1.13%36.81x2.41x
MKL$20.71B+0.72%8.59x1.32x

Progressive Stock FAQ

What is Progressive's quote symbol?

(NYSE: PGR) Progressive trades on the NYSE under the ticker symbol PGR. Progressive stock quotes can also be displayed as NYSE: PGR.

If you're new to stock investing, here's how to buy Progressive stock.

What is the 52 week high and low for Progressive (NYSE: PGR)?

(NYSE: PGR) Progressive's 52-week high was $216.21, and its 52-week low was $111.41. It is currently -0.32% from its 52-week high and 93.44% from its 52-week low.

How much is Progressive stock worth today?

(NYSE: PGR) Progressive currently has 585,698,387 outstanding shares. With Progressive stock trading at $215.51 per share, the total value of Progressive stock (market capitalization) is $126.22B.

Progressive stock was originally listed at a price of $9.99 in Dec 31, 1997. If you had invested in Progressive stock at $9.99, your return over the last 26 years would have been 2,056.83%, for an annualized return of 12.54% (not including any dividends or dividend reinvestments).

How much is Progressive's stock price per share?

(NYSE: PGR) Progressive stock price per share is $215.51 today (as of May 6, 2024).

What is Progressive's Market Cap?

(NYSE: PGR) Progressive's market cap is $126.22B, as of May 8, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Progressive's market cap is calculated by multiplying PGR's current stock price of $215.51 by PGR's total outstanding shares of 585,698,387.
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