Progressive (PGR) Stock Price
Progressive Price
Revenue has compounded at 9.8% per year over the past 19 years to 87.64 B USD. Earnings per share have grown at 12.0% per year over the last 19 years. Progressive's net margin stands at 12.9%, up from 7.0% several years earlier. Progressive currently offers a dividend yield of about 0.24%. The payout ratio is around 3% of earnings. The dividend has grown at 15.5% per year over the past 19 years. Analysts set a median price target of 225.00 USD, implying 7.0% above the current price. Of 31 analysts, 12 rate the stock a buy — an overall Hold consensus.
Progressive stock price
Progressive business model & stock analysis
Frequently asked questions about Progressive
The business model of Progressive Corp is focused on providing insurance products and services. As one of the leading insurance companies in the United States, Progressive offers a wide range of coverage options such as auto, home, and renters insurance. The company utilizes a direct-to-consumer approach, allowing customers to purchase insurance policies directly from Progressive rather than going through agents. Progressive leverages advanced technology and data analytics to determine risk factors and provide personalized insurance solutions. With its competitive pricing and user-friendly online platform, Progressive has gained a strong market presence and continues to innovate in the insurance industry.
Progressive Corp is primarily active in the insurance industry, offering a wide range of insurance products and services. With a strong focus on auto insurance, the company also operates in other areas such as commercial auto insurance, homeowner's insurance, renters insurance, and various specialty lines of insurance. Progressive Corp has established itself as one of the leading providers of personal and commercial insurance solutions, consistently adapting its offerings to meet the evolving needs of its customers. As a prominent player in the insurance industry, Progressive Corp continues to grow and expand its presence, serving customers across the United States.
The main competitors of Progressive Corp in the market include GEICO, Allstate, State Farm, and USAA.
Progressive Corp, commonly known as Progressive, is an American insurance company that specializes in automobile insurance. Established in 1937 by Joseph Lewis and Jack Green, Progressive has grown to become one of the largest auto insurers in the United States. The company has built its success by offering innovative insurance solutions, competitive pricing, and a dedication to exceptional customer service. With a commitment to constant improvement and making insurance easier and more accessible, Progressive has become synonymous with the name it bears. Today, Progressive Corp continues to provide reliable and trusted insurance coverage to millions of customers across the nation.
Progressive Corp has achieved several significant milestones since its inception. Notably, the company introduced the concept of usage-based insurance, allowing policyholders to pay premiums based on their driving habits. Additionally, Progressive pioneered the online policy quote and purchase system, revolutionizing the insurance industry. The company's continuous innovation led to the development of Snapshot, a program that rewards safe drivers with discounted premiums. As an industry leader, Progressive Corp has successfully expanded its product offerings, including commercial auto insurance and homeowner's insurance. With a relentless focus on customer satisfaction, the company has consistently grown its customer base and market presence, making it a compelling choice for insurance needs.
Progressive Corp is primarily present in the United States. As one of the largest auto insurance providers in the country, the company operates nationwide and serves customers in all 50 states. With its headquarters in Mayfield Village, Ohio, Progressive Corp has a strong presence across various regions in the U.S., including the Midwest, Northeast, South, and West. The company's extensive network of local agents and online platform enables it to offer insurance coverage and services to a wide range of customers throughout the country.
Progressive Corp represents a strong commitment to innovation, customer focus, and excellence in the insurance industry. Guided by its core values of integrity, respect, and excellence, the company aims to provide accessible and affordable insurance solutions for its customers. Progressive Corp embraces a progressive corporate philosophy that emphasizes continuous improvement, adaptability, and a forward-thinking mindset. As one of the leading providers of auto insurance, Progressive Corp strives to offer innovative coverages, exceptional customer service, and technological advancements. This commitment to progress and providing value to policyholders has made Progressive Corp a trusted and reputable name in the insurance market.
Analysts currently set an average price target of 224.15 USD for the Progressive stock (median: 225.00 USD), implying +6.6 % versus the latest price. The consensus is based on 31 analyst ratings.
31 analysts currently rate the Progressive stock: 12 recommend buying, 18 holding and 1 selling. For 2026, analysts expect Progressive to generate revenue of 88.38 B USD and earnings per share of 18.03 USD.
Converted at the current exchange rate, the Progressive share trades at 186.92 EUR (210.31 USD).
The Progressive share (PGR) is listed on 7 stock exchanges, including: NYSE (PGR), London (0KOC.L), SIX (Zürich) (PGV.SW), Frankfurt (PGV.F), München (PGV.MU), Düsseldorf (PGV.DU).
The Progressive Corporation is an American insurance company that was founded in 1937 and is headquartered in Mayfield Village, Ohio. The company offers a wide range of auto insurance policies and has gained its name through its innovative use of telematics technology and its "Name Your Price" model, where customers can set the price of their coverage. Progressive offers various products, including accident, liability, comprehensive, and collision insurance. They also offer insurance for motorcycles, boats, and RVs. In addition, they also have business insurance and insurance policies for homeowners and renters, as well as a health insurance policy. Progressive has made a name for itself in recent years through its use of telematics technology and real-time data, and now offers products and services to monitor customers' driving behavior. Progressive's Snapshot program is an example of this, where drivers install a small device in their car that records their driving habits and sends information to the company. Based on this data, Progressive offers discounts on auto insurance that are based on the customer's actual driving behavior. Another innovative product that Progressive offers is the "Name Your Price" model. With this model, customers set their own price and then receive a list of policy options that match that price. This way, the customer has more control over their insurance costs and can select the coverage that best fits their budget. Progressive also has a strong online presence and offers customers the ability to purchase insurance, report and manage claims, and pay bills online. They also have a mobile app that allows customers to manage their insurance and report claims. Overall, Progressive has an innovative business model and uses technology to provide a better experience for its customers. They offer a wide range of insurance policies and have chosen to give customers control over their insurance costs by offering discounts based on their actual driving behavior. With a strong online presence and a mobile app, the company makes it easy for customers to manage their insurance and report claims.
The expected revenue of Progressive is 88.38 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Progressive is 10.60 B USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Progressive is currently 11.67. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Progressive stock.
The price-to-sales ratio (P/S) of Progressive is currently 1.40. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Progressive stock.
The Eulerpool Quality Score for Progressive is 6/10.
The ISIN of Progressive is US7433151039. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Progressive is 865496. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Progressive is PGR. The ticker symbol is used to trade Progressive shares on the stock exchange.
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All fundamentals and in-depth analysis of Progressive
Our stock analysis for Progressive stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Progressive. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.