Shares of Progressive have moved 0.5% today, and are now trading at a price of $245.1. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 964,874 compared to the stock's average volume of 3,068,218.
The Progressive Corporation operates as an insurance company in the United States. Based in Mayfield, United States the company has 66,308 full time employees and a market cap of $143,725,182,976. Progressive currently offers its equity investors a dividend that yields 2.0% per year.
The company is now trading -11.57% away from its average analyst target price of $277.16 per share. The 19 analysts following the stock have set target prices ranging from $189.0 to $350.0, and on average give Progressive a rating of buy.
Over the last 12 months PGR shares have declined by -2.7%, which represents a difference of -18.7% when compared to the S&P 500. The stock's 52 week high is $292.99 per share and its 52 week low is $228.54. Based on Progressive's average net margin growth of 2.0% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 75,372,000 | 8,480,000 | 11 | 83.33 |
| 2023 | 62,109,000 | 3,903,000 | 6 | 500.0 |
| 2022 | 49,611,000 | 722,000 | 1 | -85.71 |
| 2021 | 47,702,000 | 3,350,900 | 7 | -46.15 |
| 2020 | 42,658,100 | 5,704,600 | 13 | 30.0 |
| 2019 | 39,022,300 | 3,970,300 | 10 |
