Those who invested in Progressive (NYSE:PGR) five years ago are up 206%
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.
Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
During five years of share price growth, Progressive achieved compound earnings per share (EPS) growth of 19% per year. This EPS growth is reasonably close to the 23% average annual increase in the share price. That suggests that the market sentiment around the company hasn't changed much over that time. In fact, the share price seems to largely reflect the EPS growth.
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
We know that Progressive has improved its bottom line over the last three years, but what does the future have in store? If you are thinking of buying or selling Progressive stock, you should check out this FREE detailed report on its balance sheet.
What About Dividends?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Progressive's TSR for the last 5 years was 206%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!
A Different Perspective
Progressive provided a TSR of 13% over the last twelve months. But that was short of the market average. It's probably a good sign that the company has an even better long term track record, having provided shareholders with an annual TSR of 25% over five years. Maybe the share price is just taking a breather while the business executes on its growth strategy. It's always interesting to track share price performance over the longer term. But to understand Progressive better, we need to consider many other factors. Take risks, for example - Progressive has 3 warning signs (and 1 which doesn't sit too well with us) we think you should know about.
But note: Progressive may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
擷取數據時發生錯誤
登入存取你的投資組合
擷取數據時發生錯誤
擷取數據時發生錯誤
擷取數據時發生錯誤
擷取數據時發生錯誤
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
Goldman economist, uncowed by Trump attack, plans to 'keep doing' as before
(Reuters) -A top economist for Goldman Sachs on Wednesday signaled no plans to change how his team conducts and publishes its research after President Donald Trump lashed out at the Wall Street firm and its chief executive because of the research team's estimate that American consumers would bear the brunt of the costs of Trump's tariffs. Chief U.S. Economist David Mericle's defense of his team's work came a day after Trump in a social media post said Goldman Chief Executive David Solomon should "not bother running a major financial institution" and lambasted the bank's economics research. The report Trump attacked, published August 10, estimated that U.S. consumers so far have borne less than a quarter of the cost of Trump's tariffs but that share would rise to two-thirds if the tariffs play out in the same way they had previously. Trump, by contrast, insists that foreign companies and governments are absorbing the cost of tariffs that now average the highest in about a century, and that American households are unscathed. He attacked Goldman and its economists for making "a bad prediction." Asked in a CNBC interview whether Trump's broadside had had a chilling effect on his team's work, Mericle said: "We're just trying to do the best economic forecast that we can for our clients, and we publish research reports like the one that we published over the weekend to inform those views. And we'll keep doing that."
Yahoo
12 minutes ago
- Yahoo
When is my first mortgage payment due?
Key takeaways To find the due date of your first mortgage payment, add 30 days to your closing date, then find the first day of the following month. When you make mortgage payments, you're paying for the previous month, not the current month. You have several options for paying your mortgage, such as setting up autopay or paying online through your servicer's portal. When is the first mortgage payment due? The due date for your first mortgage payment is based on your mortgage closing date. You must typically begin making payments one full month (30 days) after your mortgage closing date, on the first day of the month following the end of that 30-day period. Example of when a first mortgage payment is due Shop Top Mortgage Rates Personalized rates in minutes A quicker path to financial freedom Your Path to Homeownership Say you close on your mortgage on March 12. Adding a month brings you to April 12, which would mean your mortgage due date would be on the first day of the following month: May 1. While it may seem like you're skipping a payment, you're not. That's because your mortgage payments are for the previous month, not the current month. The documents you receive at closing specify the due date of your first mortgage payment, typically in something called the 'First Payment Letter.' This also outlines the amount of principal and interest you'll pay each month, along with any tax payments that are part of your monthly mortgage bill. Can you change the due date of your first mortgage payment? In some cases, homebuyers can prepay interest, and even a portion of a mortgage payment, at closing. This can move the first full mortgage payment up to two months — or 60 days — after closing has taken place. Keep in mind that months with 31 days can impact your ability to adjust your first payment. 'This is a closing strategy that many loan officers discuss with their clients,' says Chris Parks, sales manager for Churchill Mortgage. 'An example would be closing in August, skipping the August and September payments and then having your first payment due in October.' If the lender allows, many homebuyers also try to strategically time closing with the end of an apartment lease or the sale of an existing home. This can help avoid juggling rent and a mortgage or multiple mortgage payments. 'Changing the mortgage due date is especially important for cash flow. Moving is expensive. So are closing costs, furnishing a new home and paying for a home warranty. Giving yourself as long as possible to build up your funds or to align with payday is a smart move,' says Jonathan Palley, CEO of Clever Tiny Homes. Can you change the due date of your ongoing mortgage payment? Some lenders let you adjust the due date of your ongoing mortgage payment — for example, from the 1st of the month to the 10th — especially if you request it during closing. Some don't. Ask your lender about its policies. How much is your first mortgage payment? The amount of your first mortgage payment is listed in your closing disclosure, a document you'll receive at least three days before closing. Each of your mortgage payments includes: Loan principal Interest Taxes (if you pay through your mortgage servicer) Homeowners insurance (if you pay through your mortgage servicer) The acronym PITI stands for these main components of your mortgage payment: principal, interest, taxes and insurance. However, your payment may also contain other components, such private mortgage insurance (PMI) or fees charged by your homeowners association, if you have one. For fixed-rate mortgages, the principal and interest payments will remain the same for the life of the loan. However, other costs that make up your monthly payment pay change. For example, your property taxes or homeowners insurance premiums may increase over time. Example of how much a first mortgage payment costs Say you bought a house for $350,000 at a 6.8 percent interest rate and put down 10 percent. Using Bankrate's mortgage payment calculator, your monthly mortgage payment would be about $2,350, with around $2,054 going toward the principal and interest and the rest going toward property taxes and insurance. Your mortgage's first payment will largely go toward interest, based on your loan's amortization schedule. While your first year of homeowner's insurance premiums are often included with closing costs, you can expect to pay each month toward your annual property tax and insurance costs. Learn more: How much house can you afford? How to make your first mortgage payment You can choose one of many methods to pay your mortgage, including: Autopay. Almost all lenders allow you to pay your mortgage via recurring, electronic payments. This way, you'll avoid missed payments and late fees — but you can also schedule larger-than-required payments to pay off your mortgage early and save on mortgage interest. Some lenders offer discounts for autopay. Online. You can also manually make payments through your lender's portal or app. If you plan to pay off your house early, but you can't commit to making extra payments each month, this is an easy way to pay toward your principal when you have space in your budget. By mail. If you prefer, you can send your monthly payment by mail using a personal check, cashier's check or money order. Always include your mortgage account number on your check and allow enough time for delivery to avoid late charges. By phone. Your mortgage statement will also include a number you can call to make a mortgage payment. You'll need your mortgage account number and bank account — or other payment — information. There may be a service charge for phone payments. If you want to prepay your mortgage, make sure your servicer applies the extra payments to the principal balance of the loan. This is not a default for many lenders. Learn more: Biweekly mortgage payments What happens if you miss a mortgage payment? If you miss your mortgage payment, be sure to pay as soon as possible. Most lenders offer a grace period, during which you can make a payment without a late fee or other consequences. Keep in mind that, while one late payment likely won't result in your eviction, repeated delinquencies could harm your credit and lead to foreclosure.'Missing a payment is a big deal. By missing a payment, you are putting into question your ability to repay the debt and will incur additional scrutiny on any further transactions,' Parks says. Late payments can also cause other issues. According to Parks, some lenders will disqualify you from another mortgage or a refinance if you're more than 30 days late two times during the same 12-month period. If your payments are no longer affordable, contact your lender. You may qualify for a loan modification, repayment plan or a temporary payment reduction. FAQ Why is the first month's mortgage payment more? As soon as you close on your mortgage, interest starts accruing. So if you close in the middle of a month — for example, March 12 — you'll owe interest for each day between the closing and the last day of the month. This is known as per diem interest. Many lenders require you to prepay your per diem interest on closing day. But some will roll it into your first mortgage payment. In the latter case, your first month's mortgage payment is more than your normal payment. Will my lender tell me when my first mortgage payment is due? Your lender should provide your first payment due date in your closing paperwork. Otherwise, you can usually find the due date in your online mortgage account. If you haven't heard from your lender or can't access your online account, reach out and confirm the payment due date. Typically, it's the first of the month after you've owned the home for 30 days. So, if you closed on March 12, your first payment would be due May 1. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 minutes ago
- Yahoo
Were you planning to fly Air Canada? What you need to know about a looming strike
A work stoppage looms for around 10,000 Air Canada flight attendants after their union and the airline issued 72-hour strike and lockout notices, respectively, early Wednesday morning. Air Canada says it will begin cancelling flights that were scheduled to take off Thursday, with increasingly more disruptions by the weekend if a last-minute deal can't be reached before the work stoppage takes effect. For summer travellers worried about what this means for their plans, here's what you need to know. Have the strike and lockout started? Not yet. The Air Canada component of the Canadian Union of Public Employees has signalled its intent to go on strike as of early Saturday morning. That notice was issued just before 1 a.m. ET on Wednesday. Half an hour later, Air Canada issued a notice that it also plans to lock out flight attendants. Such notices were required 72 hours in advance of any labour action. That means the work stoppage would officially begin Saturday around 1 a.m. if the two sides don't reach an 11th hour deal. Will all Air Canada flights be cancelled? A work stoppage will affect Air Canada's main operations and Air Canada Rouge. Air Canada said it will begin a gradual suspension of flights in advance of the strike deadline to allow an orderly shutdown leading up to Saturday. The airline said the first flights will be cancelled Thursday, with more Friday and a complete stoppage by the weekend. Flight attendants working for Jazz and PAL, which operate Air Canada Express flights, are not part of the negotiations. Flights under those banners will continue to operate as normal. What should I know about my upcoming flight? Air Canada has said it will notify customers via email and text message if their flights have been cancelled. Affected customers will be eligible for a full refund, which can be obtained through Air Canada's website or mobile app. The company also said it has made arrangements with other Canadian and foreign carriers to provide customers with alternative travel options to the extent possible. That includes passengers whose itineraries change mid-journey. "Customers will be notified of alternative travel options that are identified for them," it said. "However, given other carriers are already very full due to the summer travel peak, securing such capacity will take time and, in many cases, will not be immediately possible." Air Canada added it is also implementing a flexible rebooking policy for all customers so they can change or defer travel at no additional cost. The airline has cautioned that under Canada's Airline Passenger Protection Regulations, customers are not eligible for compensation for delayed or cancelled flights, meals, hotels for situations outside the carrier's control, such as a strike or lockout. How did we get here? The two sides have been in contract talks since the start of the year, but concluded a conciliation process without reaching a deal. On July 28, the union's strike mandate vote kicked off. It wrapped Aug. 5, with CUPE announcing its members voted 99.7 per cent in favour of a strike mandate. At first, both sides seemed optimistic they could avoid a work stoppage despite the strong strike mandate. They returned to the bargaining table last Friday. But on Tuesday, Air Canada said it had reached an "impasse" in negotiations with the union as the two sides were "far apart" on key issues. The union told its members that the company "decided they no longer want to negotiate." CUPE said it had also rejected a proposal by Air Canada to enter a binding arbitration process. That would have suspended the union's right to strike, as well as Air Canada's right to lock out union members. While Air Canada argued there was precedent to go that route, CUPE said it preferred to negotiate a contract that its members could then vote on. The strike and lockout notices were issued hours later after talks broke down. Air Canada has said it is looking into its remaining options, including a request for government-directed arbitration "to prevent a disruption or at least remove this intolerable uncertainty for our customers." What is this dispute all about? The union has said its main sticking points revolve around what it calls flight attendants' 'poverty wages' and unpaid labour when planes aren't in the air. It told members it has put forward a proposal seeking cost of living enhancements each year, with a catch-up "to where we should be at for 2025." CUPE said entry-level Air Canada flight attendants' wages have increased 10 per cent, or $3 per hour, over the past 25 years, which has been far outpaced by inflation. It also said flight attendants are not paid "for a significant portion of their time on the job," such as when performing safety checks, attending to onboard medical and safety emergencies, and assisting passengers with boarding and deplaning. Air Canada said its latest offer included 38 per cent total compensation increases over four years, including 25 per cent in the first year. It said that proposal also addressed the issue of ground pay, improved pensions and benefits, increased crew rest and other enhancements to work-life balance. The airline said that offer would make its flight attendants the best compensated in Canada. But it said the union submitted a counter-offer "seeking exorbitant increases beyond those presented in earlier submissions." This report by The Canadian Press was first published Aug. 13, 2025. Companies in this story: (TSX:AC) Sammy Hudes, The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
