Is Progressive Corp Stock a Good Investment?
Progressive Corp Investment Advice | PGR |
- Examine Progressive Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Progressive Corp's leadership team and their track record. Good management can help Progressive Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Property & Casualty Insurance space and any emerging trends that could impact Progressive Corp's business and its evolving consumer preferences.
- Compare Progressive Corp's performance and market position to its competitors. Analyze how Progressive Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Progressive Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Progressive Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Progressive Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Progressive Corp is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Progressive Corp Stock
Researching Progressive Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 87.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.12. Progressive Corp recorded earning per share (EPS) of 14.39. The entity last dividend was issued on the 10th of January 2025. The firm had 4:1 split on the 19th of May 2006.
To determine if Progressive Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Progressive Corp's research are outlined below:
| Progressive Corp has 6.89 B in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. Progressive Corp has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Progressive to invest in growth at high rates of return. | |
| Progressive Corp has a frail financial position based on the latest SEC disclosures | |
| Over 87.0% of Progressive Corp shares are owned by institutional investors | |
| On 16th of January 2025 Progressive Corp paid $ 4.6 per share dividend to its current shareholders | |
| Latest headline from zacks.com: PGR vs. KNSL Which Stock Should Value Investors Buy Now |
Progressive Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Progressive Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Progressive Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 11th of April 2024 Upcoming Quarterly Report | View | |
| 11th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Progressive Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Progressive Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2000-11-15 | 2000-09-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2000-07-20 | 2000-06-30 | 0.02 | 0.01 | -0.01 | 50 | ||
2000-01-27 | 1999-12-31 | 0.02 | 0.01 | -0.01 | 50 | ||
1999-10-19 | 1999-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
1998-04-16 | 1998-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
1998-01-27 | 1997-12-31 | 0.1 | 0.09 | -0.01 | 10 | ||
1997-07-16 | 1997-06-30 | 0.1 | 0.09 | -0.01 | 10 | ||
1997-01-21 | 1996-12-31 | 0.09 | 0.1 | 0.01 | 11 |
Progressive Corp Target Price Consensus
Progressive target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Progressive Corp's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 20 | Buy |
Most Progressive analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Progressive stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Progressive Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationProgressive Corp Target Price Projection
Progressive Corp's current and average target prices are 262.60 and 277.76, respectively. The current price of Progressive Corp is the price at which Progressive Corp is currently trading. On the other hand, Progressive Corp's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Progressive Corp Market Quote on 16th of February 2025
Target Price
Analyst Consensus On Progressive Corp Target Price
Progressive Corp Analyst Ratings
Progressive Corp's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Progressive Corp stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Progressive Corp's financials, market performance, and future outlook by experienced professionals. Progressive Corp's historical ratings below, therefore, can serve as a valuable tool for investors.Know Progressive Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Progressive Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Progressive Corp backward and forwards among themselves. Progressive Corp's institutional investor refers to the entity that pools money to purchase Progressive Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Hhg Plc | 2024-09-30 | 7.2 M | Capital World Investors | 2024-09-30 | 6.7 M | T. Rowe Price Associates, Inc. | 2024-09-30 | 6.7 M | Brown Advisory Holdings Inc | 2024-09-30 | 5.8 M | Nuveen Asset Management, Llc | 2024-09-30 | 5.6 M | Northern Trust Corp | 2024-09-30 | 5.5 M | Amvescap Plc. | 2024-09-30 | 5.4 M | Deutsche Bank Ag | 2024-09-30 | 5.1 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 5.1 M | Vanguard Group Inc | 2024-09-30 | 52.8 M | Blackrock Inc | 2024-09-30 | 47.9 M |
Progressive Corp's market capitalization trends
The company currently falls under 'Mega-Cap' category with a total capitalization of 153.83 B.Market Cap |
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Progressive Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.07 | 0.06 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.22 | 0.21 |
Determining Progressive Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Progressive Corp is a good buy. For example, gross profit margin measures Progressive Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Progressive Corp's profitability and make more informed investment decisions.
Evaluate Progressive Corp's management efficiency
Progressive Corp has Return on Asset of 0.0707 % which means that on every $100 spent on assets, it made $0.0707 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3698 %, implying that it generated $0.3698 on every 100 dollars invested. Progressive Corp's management efficiency ratios could be used to measure how well Progressive Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of 02/16/2025, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.06. At this time, Progressive Corp's Fixed Asset Turnover is relatively stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 31.20 | 32.76 | |
| Tangible Book Value Per Share | 30.85 | 32.39 | |
| Enterprise Value Over EBITDA | 16.44 | 15.62 | |
| Price Book Value Ratio | 4.14 | 2.37 | |
| Enterprise Value Multiple | 16.44 | 15.62 | |
| Price Fair Value | 4.14 | 2.37 | |
| Enterprise Value | 13.2 B | 13.8 B |
At Progressive Corp, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Basic technical analysis of Progressive Stock
As of the 16th of February 2025, Progressive Corp holds the Coefficient Of Variation of 2891.24, risk adjusted performance of 0.0289, and Semi Deviation of 1.09. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Progressive Corp, as well as the relationship between them. Please check Progressive Corp variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Progressive Corp is priced some-what accurately, providing market reflects its current price of 262.6 per share. Given that Progressive Corp has jensen alpha of 0.0334, we recommend you to check out Progressive Corp's recent market performance to make sure the company can sustain itself at a future point.Progressive Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Progressive Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Progressive Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Progressive Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
John Sauerland over two weeks ago Disposition of 10000 shares by John Sauerland of Progressive Corp at 246.69 subject to Rule 16b-3 | ||
David Stringer over two weeks ago Disposition of 656 shares by David Stringer of Progressive Corp subject to Rule 16b-3 | ||
Andrew Quigg over three weeks ago Disposition of 1097 shares by Andrew Quigg of Progressive Corp at 243.34 subject to Rule 16b-3 | ||
Karen Bailo over three weeks ago Disposition of 2120 shares by Karen Bailo of Progressive Corp at 243.29 subject to Rule 16b-3 | ||
Barrett Danelle Marie over six months ago Acquisition by Barrett Danelle Marie of 904 shares of Progressive Corp subject to Rule 16b-3 |
Progressive Corp's Outstanding Corporate Bonds
Progressive Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Progressive Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Progressive bonds can be classified according to their maturity, which is the date when Progressive Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| PROGRESSIVE P OH Corp BondUS743315AJ20 | View | |
| PROGRESSIVE P OH Corp BondUS743315AL75 | View | |
| PROGRESSIVE P OH Corp BondUS743315AP89 | View | |
| PROGRESSIVE P OH Corp BondUS743315AQ62 | View | |
| PROGRESSIVE P OH Corp BondUS743315AR46 | View | |
| PROGRESSIVE P OH Corp BondUS743315AS29 | View | |
| PROGRESSIVE P OH Corp BondUS743315AT02 | View | |
| PROGRESSIVE P OH Corp BondUS743315AV57 | View |
Understand Progressive Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Progressive Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0289 | |||
| Market Risk Adjusted Performance | 0.0635 | |||
| Mean Deviation | 0.9514 | |||
| Semi Deviation | 1.09 | |||
| Downside Deviation | 1.14 | |||
| Coefficient Of Variation | 2891.24 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.63 | |||
| Information Ratio | 0.0259 | |||
| Jensen Alpha | 0.0334 | |||
| Total Risk Alpha | 0.0321 | |||
| Sortino Ratio | 0.0289 | |||
| Treynor Ratio | 0.0535 | |||
| Maximum Drawdown | 6.65 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.5 | |||
| Downside Variance | 1.31 | |||
| Semi Variance | 1.19 | |||
| Expected Short fall | (1.06) | |||
| Skewness | 0.5048 | |||
| Kurtosis | 1.23 |
| Risk Adjusted Performance | 0.0289 | |||
| Market Risk Adjusted Performance | 0.0635 | |||
| Mean Deviation | 0.9514 | |||
| Semi Deviation | 1.09 | |||
| Downside Deviation | 1.14 | |||
| Coefficient Of Variation | 2891.24 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.63 | |||
| Information Ratio | 0.0259 | |||
| Jensen Alpha | 0.0334 | |||
| Total Risk Alpha | 0.0321 | |||
| Sortino Ratio | 0.0289 | |||
| Treynor Ratio | 0.0535 | |||
| Maximum Drawdown | 6.65 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.5 | |||
| Downside Variance | 1.31 | |||
| Semi Variance | 1.19 | |||
| Expected Short fall | (1.06) | |||
| Skewness | 0.5048 | |||
| Kurtosis | 1.23 |
Consider Progressive Corp's intraday indicators
Progressive Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Progressive Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Progressive Corp Corporate Filings
| 5th of February 2025 Other Reports | ViewVerify | |
F4 | 31st of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 29th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 4th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Progressive Stock media impact
Far too much social signal, news, headlines, and media speculation about Progressive Corp that are available to investors today. That information is available publicly through Progressive media outlets and privately through word of mouth or via Progressive internal channels. However, regardless of the origin, that massive amount of Progressive data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Progressive Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Progressive Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Progressive Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Progressive Corp alpha.
Progressive Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Progressive Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Progressive Corp Historical Investor Sentiment
Investor biases related to Progressive Corp's public news can be used to forecast risks associated with an investment in Progressive. The trend in average sentiment can be used to explain how an investor holding Progressive can time the market purely based on public headlines and social activities around Progressive Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Progressive Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Progressive Corp and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Progressive Corp news discussions. The higher the estimate score, the more favorable the investor's outlook on Progressive Corp.
Progressive Corp Maximum Pain Price Across May 16th 2025 Option Contracts
Progressive Corp's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Progressive Corp close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Progressive Corp's options.
Progressive Corp Corporate Directors
| Stuart Burgdoerfer | Independent Director | Profile | |
| Patrick Nettles | Independent Director | Profile | |
| Philip Bleser | Independent Director | Profile | |
| Kahina Dyke | Independent Director | Profile |
Additional Tools for Progressive Stock Analysis
When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.