Progressive logged a 1.7% change during today's afternoon session, and is now trading at a price of $157.51 per share. On average, analysts give it a target price of $150.0.
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. The large-cap company is based in the United States. Progressive currently returns an annual dividend yield of 0.3%.
Make Sure to Consider the Following Before Buying Progressive:
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Progressive has moved 32.0% over the last year.
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PGR has a forward P/E ratio of 20.6 based on its EPS guidance of 7.63.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of -15.5%.
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The company has a price to earnings growth (PEG) ratio of 1.2.
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Its Price to Book (P/B) ratio is 5.3
Progressive Has Irregular Cash Flows
| Date Reported | Cash Flow from Operations ($ 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 |
Progressive's free cash flows have a decent average of $6.34 Billion over the last 6 years, but they are highly variable since their coefficient of variability is 10502651936.5%. The compounded average growth rate over this period is 0.0%.
