On Friday 06/28/2024 the closing price of the Progressive Corp. share was $211.40 on BTT.
Compared to the opening price on Friday 06/28/2024 on BTT of $210.52, this is a gain of 0.42%.
Progressive Corp.'s market capitalization is $122.22 B by 585.70 M shares outstanding.
Is Progressive stock a Buy, Sell or Hold?
Progressive stock has received a consensus rating of buy. The average rating score is and is based on 47 buy ratings, 28 hold ratings, and 24 sell ratings.What was the 52-week low for Progressive stock?
The low in the last 52 weeks of Progressive stock was 111.42. According to the current price, Progressive is 186.40% away from the 52-week low.What was the 52-week high for Progressive stock?
The high in the last 52 weeks of Progressive stock was 217.69. According to the current price, Progressive is 95.41% away from the 52-week high.What are analysts forecasts for Progressive stock?
The 99 analysts offering price forecasts for Progressive have a median target of 163.91, with a high estimate of 286.00 and a low estimate of 103.00. The median estimate represents a 126.71 difference from the last price of 207.69.Progressive Stock Snapshot
207.49
Bid
100.00
Bid Size
207.95
Ask
100.00
Ask Size
6/28/2024
Date
3:59 PM
Time
88,446.00
Volume
211.40
Prev. Close
210.52
Open
585.70 M
Number of Shares
207.55
Day Low
210.82
Day High
207.69
111.42
52 Week Low
217.69
52 Week High
207.69
1.15
Dividend in USD
0.72
Dividend Yield
24.21
P/E Ratio
99.71
Free Float in %
6.61
EPS in USD
33.80
Book Value per Share in USD
18.12
Cash Flow per Share in USD
Progressive News More News
Historical Prices for Progressive
Date | Open | Close | Daily High | Daily Low |
---|
Price change over selected period:
0%
0
Progressive Analyst Data
Total Analysts: 99
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price
*Price Target
Lowest: 103.00
Median: 163.91
Highest: 286.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
Progressive Analyst Opinions
- All
- Buy
- Hold
- Sell
Date | Analyst | Rating | Price | |||
---|---|---|---|---|---|---|
06/17/24 | BMO Capital Markets | Maintained Buy | $235 | |||
06/17/24 | Citigroup Corp. | Maintained Hold | $232 | |||
06/17/24 | Wells Fargo & Co | Maintained Buy | $254 | |||
06/10/24 | Morgan Stanley | Maintained Buy | $255 | |||
05/20/24 | Wells Fargo & Co | Maintained Buy | $243 | |||
05/16/24 | Bank of America Merrill Lynch | Maintained Buy | $286 | |||
05/16/24 | BMO Capital Markets | Maintained Buy | $235 | |||
04/17/24 | UBS | Maintained Hold | $218 | |||
04/17/24 | Bank of America Merrill Lynch | Maintained Buy | $273 | |||
04/15/24 | Citigroup Corp. | Maintained Hold | $225 | |||
04/15/24 | Morgan Stanley | Maintained Buy | $256 | |||
04/15/24 | Jefferies & Company Inc. | Maintained Buy | $245 | |||
04/11/24 | Wells Fargo & Co | Maintained Buy | $238 | |||
04/11/24 | Morgan Stanley | Maintained Buy | $247 | |||
04/10/24 | Keefe, Bruyette & Woods, Inc. | Maintained Hold | $200 | |||
04/08/24 | J.P. Morgan | Maintained Buy | $202 | |||
04/02/24 | Bank of America Merrill Lynch | Maintained Buy | $264 | |||
04/01/24 | Piper Sandler | Maintained Buy | $240 | |||
03/28/24 | HSBC | Maintained Sell | $200 | |||
03/25/24 | Goldman Sachs | Maintained Hold | $216 | |||
03/18/24 | Citigroup Corp. | Maintained Hold | $202 | |||
03/18/24 | Keefe, Bruyette & Woods, Inc. | Maintained Hold | $195 | |||
03/06/24 | Morgan Stanley | Upgraded to Buy | $227 | |||
03/04/24 | Bank of America Merrill Lynch | Maintained Buy | $261 | |||
01/26/24 | Keefe, Bruyette & Woods, Inc. | Maintained Hold | $175 | |||
01/25/24 | BMO Capital Markets | Maintained Buy | $200 | |||
01/25/24 | Piper Sandler | Maintained Buy | $207 | |||
01/10/24 | UBS | Maintained Hold | $170 | |||
12/28/23 | HSBC | Maintained Sell | $164 | |||
12/18/23 | Wells Fargo & Co | Upgraded to Buy | $176 | |||
12/12/23 | Raymond James Financial, Inc. | Downgraded to Hold | ||||
11/20/23 | Barclays Capital | Maintained Sell | $112 | |||
11/20/23 | Piper Sandler | Maintained Buy | $188 | |||
11/20/23 | Morgan Stanley | Maintained Hold | $164 | |||
11/07/23 | Goldman Sachs | Maintained Hold | $160 | |||
11/01/23 | Morgan Stanley | Upgraded to Hold | $160 | |||
10/25/23 | BMO Capital Markets | Upgraded to Buy | $180 | |||
10/17/23 | Wells Fargo & Co | Maintained Hold | $144 | |||
10/17/23 | Keefe, Bruyette & Woods, Inc. | Maintained Hold | $145 | |||
10/17/23 | Citigroup Corp. | Upgraded to Hold | $158 | |||
10/16/23 | BMO Capital Markets | Maintained Buy | $155 | |||
10/16/23 | Raymond James Financial, Inc. | Maintained Buy | $165 | |||
10/11/23 | Morgan Stanley | Maintained Sell | $135 | |||
10/02/23 | J.P. Morgan | Maintained Buy | $149 | |||
09/18/23 | Morgan Stanley | Maintained Sell | $124 | |||
09/18/23 | Citigroup Corp. | Maintained Sell | $120 | |||
09/18/23 | Piper Sandler | Maintained Hold | $133 | |||
08/17/23 | BMO Capital Markets | Maintained Buy | $130 | |||
08/17/23 | Raymond James Financial, Inc. | Maintained Buy | $145 | |||
08/17/23 | Barclays Capital | Maintained Sell | $109 |
Progressive Estimates* in USD
2024 | 2025 | 2026 | |
---|---|---|---|
Revenue | 72,876 | 83,140 | 92,627 |
Dividend | 2.95 | 3.49 | 4.08 |
Dividend Yield (in %) | 1.42 % | 1.68 % | 1.96 % |
EPS | 11.21 | 12.21 | 13.34 |
P/E Ratio | 18.52 | 17.01 | 15.56 |
EBIT | 7,565 | 8,297 | 9,379 |
EBITDA | 8,786 | 9,579 | 10,405 |
Net Profit | 6,617 | 7,161 | 7,656 |
Net Profit Adjusted | 6,668 | 7,232 | 7,656 |
Pre-Tax Profit | 8,340 | 8,963 | 9,578 |
Net Profit (Adjusted) | 8,254 | 8,979 | 9,821 |
EPS (Non-GAAP) ex. SOE | 11.21 | 12.21 | 13.34 |
EPS (GAAP) | 11.17 | 12.10 | 12.77 |
Gross Income | - | - | - |
Cash Flow from Investing | -14,968 | -14,889 | -14,802 |
Cash Flow from Operations | 10,394 | 10,713 | 12,179 |
Cash Flow from Financing | - | - | - |
Cash Flow per Share | 10.43 | 12.20 | - |
Free Cash Flow | - | - | 11,839 |
Free Cash Flow per Share | - | - | - |
Book Value per Share | 42.61 | 51.35 | 64.43 |
Net Debt | 1,801 | -3,408 | -9,328 |
Research & Development Exp. | - | - | - |
Capital Expenditure | 302 | 296 | 340 |
Selling, General & Admin. Exp. | - | - | - |
Shareholder’s Equity | 24,732 | 30,026 | 37,456 |
Total Assets | 104,140 | 87,123 | 132,758 |
Previous Quarter ending 03/31/24 |
Current Quarter ending 06/30/24 |
Next Quarter ending 09/30/24 |
Current Year ending 12/31/24 |
Next Year ending 12/31/25 |
|
---|---|---|---|---|---|
Earnings Estimates | |||||
No. of Analysts | 18 | 18 | 17 | 21 | 21 |
Average Estimate | 3.215 USD | 2.105 USD | 2.426 USD | 11.212 USD | 12.210 USD |
Year Ago | 0.753 USD | 0.574 USD | 1.900 USD | 6.608 USD | - |
Publish Date | - | 7/11/2024 | 10/10/2024 | - | - |
Revenue Estimates | |||||
No. of Analysts | - | 10 | 10 | 14 | 14 |
Average Estimate | - | 17,476 USD | 18,531 USD | 72,876 USD | 83,140 USD |
Year Ago | - | 15,347 USD | 15,553 USD | 62,082 USD | - |
Publish Date | - | 7/11/2024 | 10/10/2024 | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
Income Statements in Mio. USD
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|
Sales | 62,082.30 | 49,586.40 | 47,676.50 | 42,638.10 | 38,997.70 | 31,954.70 | 26,814.90 |
Change of sales in % | 25.20 | 4.01 | 11.82 | 9.33 | 22.04 | 19.17 | 14.51 |
Gross profit on sales | - | - | - | - | - | - | - |
Gross profit on sales change in % | - | - | - | - | - | - | - |
Operating income | 5,172.10 | 1,390.40 | 4,428.60 | 7,390.20 | 5,350.00 | 3,330.10 | 2,291.80 |
Operating income change in % | 271.99 | -68.60 | -40.07 | 38.13 | 60.66 | 45.31 | 42.38 |
Income before tax | 4,903.70 | 922.10 | 4,210.00 | 7,173.20 | 5,160.30 | 3,163.60 | 2,138.90 |
Income before tax change in % | 431.80 | -78.10 | -41.31 | 39.01 | 63.11 | 47.91 | 45.43 |
Income after tax | 3,902.40 | 721.50 | 3,350.90 | 5,704.60 | 3,970.30 | 2,615.30 | 1,592.20 |
Income after tax change in % | 440.87 | -78.47 | -41.26 | 43.68 | 51.81 | 64.26 | 54.43 |
Balance Sheet in Mio. USD
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|
Total liabilities | 64,048.70 | 54,342.90 | 48,618.60 | 43,718.80 | 37,900.40 | 33,302.80 | 27,045.60 |
Long-term liabilities per share | - | - | - | - | - | - | - |
Equity | 20,277.10 | 15,891.00 | 18,231.60 | 17,038.60 | 13,898.80 | 11,036.30 | 9,788.50 |
Equity change in % | 28.49 | -13.20 | 7.21 | 25.54 | 27.61 | 11.23 | 16.69 |
Balance sheet total | 84,325.80 | 70,233.90 | 66,850.20 | 60,757.40 | 51,799.20 | 44,339.10 | 36,834.10 |
Balance sheet total change in % | 20.06 | 5.06 | 10.03 | 17.29 | 16.83 | 20.38 | 14.11 |
Key Data in USD
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|
Sales per share | 105.67 | 84.46 | 81.21 | 72.56 | 66.41 | 54.47 | 45.78 |
P/E ratio (year end quote, basic EPS) | 24.21 | 109.64 | 18.13 | 10.23 | 10.71 | 13.53 | 20.72 |
P/E ratio (ear end quote, diluted EPS) | 24.21 | 109.64 | 18.13 | 10.23 | 10.71 | 13.53 | 20.72 |
P/E ratio (year end quote) | 24.21 | 109.64 | 18.13 | 10.23 | 10.71 | 13.53 | 20.72 |
Dividend yield in % | 0.72 | 0.31 | 1.85 | 4.96 | 7.13 | 1.86 | 1.21 |
Equity ratio in % | 23.46 | 21.92 | 26.53 | 27.23 | 25.44 | 23.29 | 25.21 |
Debt ratio in % | 75.95 | 77.37 | 72.73 | 71.96 | 73.17 | 75.11 | 73.43 |
Progressive Insider Activity
Name | Date | shares traded | shares held | Price | type (sell/buy) | option |
---|---|---|---|---|---|---|
Broz Steven | 06/23/2024 | 3,050.00 | 32,453.26 | 209.81 | Sell | No |
Bauer Jonathan S. | 06/17/2024 | 2,047.00 | 24,719.65 | 209.10 | Sell | No |
Marshall Mariann Wojtkun | 06/16/2024 | 650.00 | 3,981.33 | 208.11 | Sell | No |
Sauerland John P | 05/28/2024 | 12,457.00 | 312,957.60 | 204.43 | Sell | No |
Broz Steven | 05/14/2024 | 7,361.00 | 35,503.26 | 207.25 | Sell | No |
Van Dyke Kahina | 05/09/2024 | 1,576.00 | 15,903.00 | n/a | Buy | No |
Snyder Barbara R | 05/09/2024 | 1,507.00 | 8,117.48 | n/a | Buy | No |
FARAH ROGER N | 05/09/2024 | 1,715.00 | 9,254.39 | n/a | Buy | No |
Burgdoerfer Stuart B | 05/09/2024 | 1,057.00 | 15,096.00 | n/a | Buy | No |
Barrett Danelle Marie | 05/09/2024 | 904.00 | 2,254.00 | n/a | Buy | No |
Johnson Devin C | 04/16/2024 | 1,000.00 | 7,176.00 | 208.33 | Sell | No |
Bleser Philip | 04/11/2024 | 2,436.00 | 2,129.00 | n/a | Sell | No |
FITT LAWTON W | 04/11/2024 | 3,898.00 | 9,389.00 | n/a | Sell | No |
FARAH ROGER N | 04/11/2024 | 2,549.00 | 7,539.39 | n/a | Sell | No |
Bauer Jonathan S. | 03/10/2024 | 1,846.00 | 26,766.65 | 196.84 | Sell | No |
Sauerland John P | 03/10/2024 | 2,008.00 | 325,414.60 | 196.84 | Sell | No |
Griffith Susan Patricia | 03/10/2024 | 6,228.00 | 474,010.74 | 196.84 | Sell | No |
Griffith Susan Patricia | 03/10/2024 | 6,504.00 | 473,734.74 | 196.84 | Sell | No |
Bauer Jonathan S. | 03/10/2024 | 3,893.22 | 28,612.65 | n/a | Buy | No |
Sauerland John P | 03/10/2024 | 4,465.55 | 327,422.60 | n/a | Buy | No |
Griffith Susan Patricia | 03/10/2024 | 14,501.31 | 480,238.74 | n/a | Buy | No |
Bailo Karen | 03/04/2024 | 8,464.00 | 32,341.98 | 189.49 | Sell | No |
Callahan Patrick K | 02/20/2024 | 29,675.00 | 15,188.83 | 190.26 | Sell | No |
Quigg Andrew J | 01/16/2024 | 551.00 | 27,921.13 | 169.24 | Sell | No |
Griffith Susan Patricia | 01/16/2024 | 5,939.00 | 465,737.43 | 169.24 | Sell | No |
Progressive Dividend Calendar
Date | Name | Dividend | *yield | Currency |
---|---|---|---|---|
2023 | Progressive Corp. | 1.15 | 0.72 | USD |
2022 | Progressive Corp. | 0.40 | 0.31 | USD |
2021 | Progressive Corp. | 1.90 | 1.85 | USD |
2020 | Progressive Corp. | 4.90 | 4.96 | USD |
2019 | Progressive Corp. | 5.16 | 7.13 | USD |
2018 | Progressive Corp. | 1.12 | 1.86 | USD |
2017 | Progressive Corp. | 0.68 | 1.21 | USD |
2016 | Progressive Corp. | 0.89 | 2.50 | USD |
2015 | Progressive Corp. | 0.69 | 2.16 | USD |
2014 | Progressive Corp. | 0.49 | 1.83 | USD |
2013 | Progressive Corp. | 0.28 | 1.04 | USD |
2012 | Progressive Corp. | 1.41 | 6.67 | USD |
2011 | Progressive Corp. | 0.40 | 2.04 | USD |
2010 | Progressive Corp. | 1.16 | 5.84 | USD |
2009 | Progressive Corp. | 0.00 | 0.00 | USD |
2008 | Progressive Corp. | 0.00 | 0.00 | USD |
2007 | Progressive Corp. | 2.15 | 11.22 | USD |
2006 | Progressive Corp. | 0.03 | 0.12 | USD |
2005 | Progressive Corp. | 0.03 | 0.10 | USD |
2004 | Progressive Corp. | 0.03 | 0.14 | USD |
2003 | Progressive Corp. | 0.03 | 0.14 | USD |
2002 | Progressive Corp. | 0.03 | 0.24 | USD |
2001 | Progressive Corp. | 0.02 | 0.16 | USD |
2000 | Progressive Corp. | 0.02 | 0.23 | USD |
1999 | Progressive Corp. | 0.02 | 0.33 | USD |
*Yield of the Respective Date
Progressive Corp. Calendar
Event | Estimate | Info | Date |
---|---|---|---|
Earnings Report | 2.105 USD | Q2 2024 Earnings Release | 07/11/2024 |
Earnings Report | 2.426 USD | Q3 2024 Earnings Release | 10/10/2024 |
Earnings Report | 3.341 USD | Q1 2025 Earnings Release | 04/10/2025 |
Earnings Report | - | Q1 2026 Earnings Release | 04/09/2026 |
Progressive Corp. Past Events
Event | Actual EPS | Info | Date |
---|---|---|---|
Annual General Meeting | - | Annual General Meeting | 05/10/2024 |
Progressive Profile
Progressive Corp. is an insurance holding company, which engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. It operates through the following segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment includes agency and direct businesses. The Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned and operated predominately by small business in the auto, for-hire transportation, contractor, for-hire specialty, tow, and for-hire livery markets. The Property segment covers residential property insurance for homeowners, other property owners, and renters. The company was founded on March 10, 1937, and is headquartered in Mayfield Village, OH. .
Moody’s Daily Credit Risk Score
Progressive Shareholder
Owner | in % |
---|---|
Freefloat | 99.71 |
The Vanguard Group, Inc. | 8.79 |
Vanguard Group, Inc. (Subfiler) | 8.40 |
State Street Corp. | 4.17 |
Vanguard Total Stock Market ETF | 3.16 |
Wellington Management Co. LLP | 2.91 |
BlackRock Fund Advisors | 2.83 |
Vanguard 500 Index Fund | 2.56 |
JPMorgan Investment Management, Inc. | 2.53 |
Massachusetts Financial Services Co. | 2.51 |
BlackRock Institutional Trust Co. NA | 2.32 |
Managed Account Advisors LLC | 2.19 |
Geode Capital Management LLC | 2.11 |
MFS Value Fund | 1.67 |
AllianceBernstein LP | 1.48 |
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.
Progressive Management
Name | Job |
---|---|
Lawton Wehle Fitt | Chairman |
Mariann Wojtkun Marshall | Chief Accounting Officer & Vice President |
John P. Sauerland | Chief Financial Officer & Vice President |
William L. Clawson | Chief Human Resources Officer |
Steven A. Broz | Chief Information Officer |
Jonathan S. Bauer | Chief Investment Officer |
Remi Kent | Chief Marketing Officer |
Andrew John Quigg | Chief Strategy Officer |
Douglas S. Constantine | Head-Investor Relations |
Barbara R. Snyder | Independent Director |
Charles Arthur Davis | Independent Director |
Danelle M. Barrett | Independent Director |
Devin C. Johnson | Independent Director |
Jeffrey D. Kelly | Independent Director |
Kahina van Dyke | Independent Director |
Pamela J. Craig | Independent Director |
Philip F. Bleser | Independent Director |
Roger N. Farah | Independent Director |
Stuart B. Burgdoerfer | Independent Director |
Susan Patricia Griffith | President, Chief Executive Officer & Director |
John Murphy | President-Claims Unit |
Karen B. Bailo | President-Commercial Lines Segment |
Lori Niederst | President-Customer Relationship |
Patrick K. Callahan | President-Personal Lines Group |
David Stringer | Secretary & Chief Legal Officer |
Patrick S. Brennan | Treasurer |