Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Progressive Corp. (GB:0KOC)
LSE:0KOC
Progressive (0KOC) Share Price & Analysis
0 Followers
0KOC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$110.92 - $215.97
Previous Close$208.85
Volume2.75K
Average Volume (3M)29.40K
Market Cap
$121.84B
Enterprise Value$121.84B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)21.4
Beta0.49
Next Earnings
Jul 11, 2024EPS Estimate
$2.55Last Dividend Ex-Date
Apr 03, 2024Dividend Yield0.55%
Share Statistics
EPS (TTM)9.77
Shares Outstanding585,677,464
10 Day Avg. Volume3,236
30 Day Avg. Volume29,398
Standard Deviation0.07
R-Squared0.04
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)6.23
Price to Sales (P/S)0.83
Price to Cash Flow (P/CF)12.50
P/FCF Ratio12.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.96
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$228.38Price Target Upside9.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Progressive News
PremiumPress Releases
Progressive Announces Investor Relations Call
PremiumPress Releases
Progressive Reports March 2024 Results
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst's EPS forecast for Progressive is significantly higher than the consensus, suggesting confidence in the company's earnings potential.
Growth PotentialProgressive has developed significant economies of scale and cost efficiency advantage compared to its rivals.
Market PositionThe company's underlying loss ratio was exceptionally strong, indicating leading profitability and potential for market share gains.
Bears Say
Cost IncreasesThere is a projected increase in the expense ratio for Personal Auto, suggesting higher costs in the near term.
Financial PerformanceA single event led to higher catastrophe losses, somewhat dampening the otherwise strong financial results for the month.
Growth ConcernsThe forecast for policycount growth is still notably below the growth posted for the same period in the previous year.
---
Options Prices
Currently, No data available
---
Ownership Overview
8.37% Insiders
27.49% Mutual Funds
21.90% Other Institutional Investors
42.24% Public Companies and
Individual Investors
0KOC FAQ
What was Progressive Corp.’s price range in the past 12 months?
Progressive Corp. lowest share price was $110.92 and its highest was $215.97 in the past 12 months.
What is Progressive Corp.’s market cap?
Currently, no data Available
When is Progressive Corp.’s upcoming earnings report date?
Progressive Corp.’s upcoming earnings report date is Jul 11, 2024 which is in 70 days.
How were Progressive Corp.’s earnings last quarter?
Progressive Corp. released its earnings results on Apr 12, 2024. The company reported $4.205 earnings per share for the quarter, beating the consensus estimate of $3.215 by $0.99.
Is Progressive Corp. overvalued?
According to Wall Street analysts Progressive Corp.’s price is currently Undervalued.
Does Progressive Corp. pay dividends?
Progressive Corp. pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 0.55%. See more information on Progressive Corp. dividends here
What is Progressive Corp.’s EPS estimate?
Progressive Corp.’s EPS estimate is $2.55.
How many shares outstanding does Progressive Corp. have?
Progressive Corp. has 585,677,500 shares outstanding.
What happened to Progressive Corp.’s price movement after its last earnings report?
Progressive Corp. reported an EPS of $4.205 in its last earnings report, beating expectations of $3.215. Following the earnings report the stock price went up 0.464%.
Which hedge fund is a major shareholder of Progressive Corp.?
Among the largest hedge funds holding Progressive Corp.’s share is Viking Global Investors LP. It holds Progressive Corp.’s shares valued at 934M.
---
Progressive Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$228.38 (9.86% Upside)
$228.38 (9.86% Upside)
Blogger Sentiment
Bullish
GB:0KOC Sentiment 72%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth $208.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
53.74%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
19.60%
Trailing 12-Months
Company Description
Progressive Corp.
The Progressive Corporation is one of the leading auto insurers in the United States. The company also offers residential property insurance, reinsurance, and other specialty property-casualty insurance and related services. Its Personal Lines business unit covers insurance for personal automobiles, recreational and other vehicles. Under the Commercial Lines division, Progressive writes primary liability and physical damage insurance for automobiles owned by small businesses. Its Property segment offers residential property insurance for homeowners, renters and other property owners.
---
0KOC Stock 12 Months Forecast
Average Price Target
$228.38
▲(9.86% Upside)
Technical Analysis
Best Analysts Covering 0KOC
1 Year
1 Year Success Rate
26/26 ratings generated profit
1 Year Average Return
+30.87%
reiterated a buy rating 2 months ago
Copying Harry Fong's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +30.87% per trade.
---