Latest news with #TheProgressiveCorporation
Yahoo
10-08-2025
- Business
- Yahoo
Those who invested in Progressive (NYSE:PGR) five years ago are up 206%
While The Progressive Corporation (NYSE:PGR) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 12% in the last quarter. But that scarcely detracts from the really solid long term returns generated by the company over five years. We think most investors would be happy with the 177% return, over that period. We think it's more important to dwell on the long term returns than the short term returns. Only time will tell if there is still too much optimism currently reflected in the share price. 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) 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
Yahoo
20-07-2025
- Business
- Yahoo
Wells Fargo Reiterates a Buy Rating on The Progressive Corporation (PGR), Retains $333 PT
The Progressive Corporation (NYSE:PGR) is one of the best long term low volatility stocks to buy now. In a report released on July 14, Wells Fargo analyst Elyse Greenspan reiterated a Buy rating on The Progressive Corporation (NYSE:PGR), retaining a price target of $333. A team of accountants in a boardroom, discussing strategic moves of an insurance company. The analyst supported the optimistic rating with the company's growth potential and strong financial performance, noting that The Progressive Corporation (NYSE:PGR) exhibited stronger-than-anticipated growth in policies in force (PIF) while maintaining robust margins. According to the analyst, these factors are supported by favorable reserve development and suggest the company's potential to continue capturing market share. Greenspan also reasoned that while share price experienced some underperformance recently, The Progressive Corporation (NYSE:PGR) is attractively valued and is trading at a reasonable multiple of the 2026 EPS estimate. The Progressive Corporation (NYSE:PGR) is an insurance holding company that provides residential property insurance, personal and commercial auto insurance, and other specialty property-casualty insurance and related services. The company operates through the Personal Lines, Commercial Lines, and Property segments. While we acknowledge the potential of PGR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. 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
16-07-2025
- Automotive
- Yahoo
Progressive Reports June 2025 Results
MAYFIELD VILLAGE, OHIO, July 16, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended June 30, 2025: June Quarter (millions, except per share amounts and ratios; unaudited) 2025 2024 Change 2025 2024 Change Net premiums written $ 6,605 $ 5,749 15 % $ 20,076 $ 17,902 12 % Net premiums earned $ 6,954 $ 5,777 20 % $ 20,310 $ 17,209 18 % Net income $ 1,124 $ 803 40 % $ 3,175 $ 1,459 118 % Per share available to common shareholders $ 1.91 $ 1.37 40 % $ 5.40 $ 2.48 118 % Total pretax net realized gains (losses) on securities $ 179 $ 22 NM $ 387 $ (127) (405) % Combined ratio 86.6 86.2 0.4 pts. 86.2 91.9 (5.7) pts. Average diluted equivalent common shares 588.0 587.4 0 % 587.8 587.4 0 % NM = Not Meaningful June 30, (thousands; unaudited) 2025 2024 % Change Policies in Force Personal Lines Agency – auto 10,423 8,965 16 Direct – auto 15,245 12,576 21 Special lines 6,850 6,312 9 Property 3,608 3,339 8 Total Personal Lines 36,126 31,192 16 Commercial Lines 1,189 1,118 6 Companywide 37,315 32,310 15 See Progressive's complete monthly earnings release, including the 'Monthly Commentary,' for additional information. About Progressive Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it's most convenient for them — online at by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent. Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers. Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®. The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR. Company Contact: Douglas S. Constantine(440) 395-3707investor_relations@ The Progressive Corporation 300 North Commons Village, Ohio 44143http:// Download PDF: Progressive June 2025 Complete Earnings ReleaseSign in to access your portfolio
Yahoo
15-07-2025
- Business
- Yahoo
Morgan Stanley Downgrades The Progressive Corporation (PGR) Stock to Equal Weight
The Progressive Corporation (NYSE:PGR) is one of the Best Large Cap Value Stocks to Invest In. Morgan Stanley analyst Bob Huang downgraded the company's stock to 'Equal Weight' from 'Overweight' with a price objective of $290, down from the prior target of $330, as reported by The Fly. The downgrade exhibits the firm's view that The Progressive Corporation (NYSE:PGR)'s previous investment thesis of unincumbered growth and margin expansion has been nearing its end. A team of accountants in a boardroom, discussing strategic moves of an insurance company. Overall, the firm identified 2 critical factors which have changed the outlook: the intensifying industry competition, and the pressure on The Progressive Corporation (NYSE:PGR)'s valuation as it exits the peak growth and margin environment. In Q1 2025, the company had strong policies in force (PIF) growth, with ~5.5 million more PIFs as compared to the end of the first quarter last year, resulting in the total PIF count to more than 36 million as of March 31, 2025. The Progressive Corporation (NYSE:PGR) remains focused on improving profitability and reducing exposure in markets that are more susceptible to catastrophic weather events. Fitch Ratings believes that The Progressive Corporation (NYSE:PGR) maintains a favorable business profile, with continued growth in market share. Also, the firm highlighted that The Progressive Corporation (NYSE:PGR) remains one of the most consistently profitable underwriters across leading property/casualty (P/C) insurers, possessing a history of favorable underwriting margins and stability. Madison Investments, an investment advisor, released its Q1 2025 investor letter. Here is what the fund said: 'The Progressive Corporation (NYSE:PGR) continues to deliver industry-leading policy growth with better-than-expected underwriting margins. Total revenue growth of 22% in the month of December 2024 reflects ongoing market share gains for the company. Overall, 2024 was a solid year for Progressive with net premium revenue growth of 21% and strong profitability with a combined ratio of 88.8%. Progressive is gaining share versus its competitors with industry leading segmentation, claims accuracy, and competitive pricing. The company's accurate claims handling is key to its competitive pricing. Balancing efficient and accurate claim outcomes with strong customer satisfaction have been the drivers of the company's strong results.' While we acknowledge the potential of PGR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. 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
18-06-2025
- Automotive
- Yahoo
Progressive Reports May 2025 Results
MAYFIELD VILLAGE, OHIO, June 18, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2025: May (millions, except per share amounts and ratios; unaudited) 2025 2024 Change Net premiums written $ 6,634 $ 5,975 11 % Net premiums earned $ 6,715 $ 5,857 15 % Net income $ 1,065 $ 235 353 % Per share available to common shareholders $ 1.81 $ 0.40 352 % Total pretax net realized gains (losses) on securities $ 211 $ 118 79 % Combined ratio 86.9 100.4 (13.5 ) pts. Average diluted equivalent common shares 587.7 587.4 0 % May 31, (thousands; unaudited) 2025 2024 % Change Policies in Force Personal Lines Agency – auto 10,341 8,869 17 Direct – auto 15,089 12,383 22 Special lines 6,787 6,248 9 Property 3,601 3,305 9 Total Personal Lines 35,818 30,805 16 Commercial Lines 1,184 1,114 6 Companywide 37,002 31,919 16 See Progressive's complete monthly earnings release, including the 'Monthly Commentary,' for additional information. About Progressive Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it's most convenient for them — online at by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent. Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers. Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®. The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR. Company Contact: Douglas S. Constantine(440) 395-3707investor_relations@ The Progressive Corporation 300 North Commons Village, Ohio 44143http:// Download PDF: Progressive May 2025 Complete Earnings ReleaseError 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
