PGR

Executive Summary for Progressive Investors

Shares of Finance sector company Progressive moved 8.1% today, and are now trading at a price of $154.94. The large-cap stock's daily volume was 5,990,566 compared to its average volume of 2,539,821. The S&P 500 index returned a -0.0% performance.

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. The company is based in Mayfield and has 55,100 full time employees. Its market capitalization is $90,655,399,936. Progressive currently offers its equity investors a dividend that yields 0.3% per year.

15 analysts are following Progressive and have set target prices ranging from $109.0 to $197.0 per share. On average, they have given the company a rating of hold. At today's prices, PGR is trading 8.15% away from its average analyst target price of $143.27 per share.

Over the last year, PGR's share price has increased by 34.0%, which represents a difference of 12.0% when compared to the S&P 500. The stock's 52 week high is $155.38 per share whereas its 52 week low is $111.41.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023-02-02 6,848,800 35,100 6,813,700 -11.46
2022-02-28 7,761,700 66,200 7,695,500 11.79
2021-03-01 6,905,600 21,900 6,883,700 10.88
2020-03-02 6,261,600 53,300 6,208,300 -5.09
2019-02-27 6,284,800 -256,600 6,541,400 67.85
2018-02-27 3,756,800 -140,400 3,897,200
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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