The Progressive Corporation
Ticker
PGR
ISIN
US7433151039
Price
USD 206.34
Change Today
-3.04 / -1.452 %
Price 1 year ago
135.16 / 52.658 %
Market Capitalization
73,474,269,184.00
52 Week Low
114.07
52 Week High
215.90
200 Day Moving Average
170.82
50-day Moving Average
208.74
Price evolution
Yearly Returns
Peers
Peers
Company information
Summary
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. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
Sector
Financial Services
Industry
Insurance—Property & Casualty
Country
United States
Exchange
NYQ
Earnings Per Share
1.4
P/E Ratio
89.74286
Debt/Equity Ratio
40.801
Beta
0.453029
Ebitda
1,894,300,032.00
Ebitda Margins
0.04
Enterprise to Ebitda
39.49
Enterprise Value
74,805,952,512.00
Target Price
119.81
Estimated Price
-
Book Value
25.92
Expected Growth
-
Balance sheet
Income statement
Sustainability
Correlation
| Company | Name | Correlation |
|---|---|---|
| MCY | Mercury General Corporation | -0.74 |
| LMND | Lemonade, Inc. | -0.72 |
| LDA.MC | LINEA DIRECTA ASEGURADORA, S.A. | -0.69 |
| 6060.HK | ZA ONLINE | -0.56 |
| Q.MX | QUALITAS CONTROLADORA SAB DE CV | -0.29 |
| ALL | Allstate Corporation (The) | -0.21 |
| 8766.T | TOKIO MARINE HOLDINGS INC | -0.05 |
| SUN.AX | SUNCORP FPO | -0.05 |
| QBE.AX | QBE INSUR. FPO | -0.03 |
| 8725.T | MS&AD INS GP HLDGS | -0.01 |
| ADM.L | ADMIRAL GROUP PLC ORD 0.1P | -0.01 |
| 8630.T | SOMPO HOLDINGS INC | 0.04 |
| 601319.SS | THE PEOPLE S INSURANCE COMPANY | 0.11 |
| PZU.WA | PZU | 0.12 |
| BEZ.L | BEAZLEY PLC ORD 5P | 0.16 |
| SJOVA.IC | Sjóvá-Almennar tryggingar hf. | 0.21 |
| IAG.AX | INSUR.AUST FPO | 0.25 |
| HSX.L | HISCOX LTD ORD 6.5P (DI) | 0.27 |
| CINF | Cincinnati Financial Corporatio | 0.32 |
| 2328.HK | PICC P&C | 0.56 |
| AXS | Axis Capital Holdings Limited | 0.61 |
| AFG | American Financial Group, Inc. | 0.62 |
| TURSG.IS | TURKIYE SIGORTA | 0.63 |
| 1339.HK | PICC GROUP | 0.64 |
| TRV | The Travelers Companies, Inc. | 0.69 |
| L | Loews Corporation | 0.79 |
| CB | Chubb Limited | 0.80 |
| IFC.TO | INTACT FINANCIAL CORPORATION | 0.82 |
| WRB | W.R. Berkley Corporation | 0.87 |
Similar companies
| Ticker | Name | City | Country | Currency | Exchange | Beta | EV/EBITDA | Employees | Site |
|---|---|---|---|---|---|---|---|---|---|
| 601319.SS | THE PEOPLE S INSURANCE COMPANY | Beijing | China | CNY | SHH | 0.58 | 10.67 | 184364 | https://www.picc.com |
| 2328.HK | PICC P&C | Beijing | China | HKD | HKG | 0.58 | 7.90 | 171508 | https://property.picc.com |
| 1339.HK | PICC GROUP | Beijing | China | HKD | HKG | 0.58 | 7.13 | 184364 | https://www.picc.com |
| IAG.AX | INSUR.AUST FPO | Sydney | Australia | AUD | ASX | 0.18 | 20.80 | https://www.iag.com.au | |
| TURSG.IS | TURKIYE SIGORTA | Istanbul | Turkey | TRY | IST | 1.38 | -5.57 | 1587 | https://www.turkiyesigorta.com.tr |
| QBE.AX | QBE INSUR. FPO | Sydney | Australia | AUD | ASX | 0.95 | 13.67 | 11157 | https://www.qbe.com |
| SUN.AX | SUNCORP FPO | Brisbane | Australia | AUD | ASX | 0.76 | 17.43 | 13505 | https://www.suncorpgroup.com.au |
| 6060.HK | ZA ONLINE | Shanghai | China | HKD | HKG | 0.69 | 23.95 | 3791 | https://www.zhongan.com |
| PGR | Progressive Corporation (The) | Mayfield | United States | USD | NYQ | 0.45 | 39.49 | 49077 | https://www.progressive.com |
| 8766.T | TOKIO MARINE HOLDINGS INC | Tokyo | Japan | JPY | JPX | 0.54 | 7.66 | 43048 | https://www.tokiomarinehd.com |
| SJOVA.IC | Sjóvá-Almennar tryggingar hf. | Reykjavík | Iceland | ISK | ICE | 0.41 | 6.97 | 185 | https://www.sjova.is |
| ALL | Allstate Corporation (The) | Northbrook | United States | USD | NYQ | 0.82 | 6.32 | 54300 | https://www.allstate.com |
| CB | Chubb Limited | Zurich | Switzerland | USD | NYQ | 0.69 | 11.98 | 34000 | https://www.chubb.com/us-en |
| BEZ.L | BEAZLEY PLC ORD 5P | London | United Kingdom | GBp | LSE | 0.83 | -13.86 | 1683 | https://www.beazley.com |
| 8725.T | MS&AD INS GP HLDGS | Tokyo | Japan | JPY | JPX | 0.58 | 1.55 | 39962 | https://www.ms-ad-hd.com |
| PZU.WA | PZU | Warsaw | Poland | PLN | WSE | 0.68 | 5.14 | 37391 | https://www.pzu.pl |
| LMND | Lemonade, Inc. | New York | United States | USD | NYQ | 1.97 | -3.43 | 1119 | https://www.lemonade.com |
| WRB | W.R. Berkley Corporation | Greenwich | United States | USD | NYQ | 0.63 | 11.84 | 7681 | https://www.berkley.com |
| 8630.T | SOMPO HOLDINGS INC | Tokyo | Japan | JPY | JPX | 0.55 | 3.37 | 47776 | https://www.sompo-hd.com |
| TRV | The Travelers Companies, Inc. | New York | United States | USD | NYQ | 0.70 | 7.41 | 30184 | https://www.travelers.com |
| Q.MX | QUALITAS CONTROLADORA SAB DE CV | Mexico City | Mexico | MXN | MEX | 1.23 | 7.70 | 5519 | https://www.qualitas.com.mx |
| ADM.L | ADMIRAL GROUP PLC ORD 0.1P | Cardiff | United Kingdom | GBp | LSE | 0.26 | 6.77 | 11317 | https://admiralgroup.co.uk |
| L | Loews Corporation | New York | United States | USD | NYQ | 0.85 | 7.99 | 10340 | https://www.loews.com |
| CINF | Cincinnati Financial Corporatio | Fairfield | United States | USD | NMS | 0.55 | 20.27 | 5166 | https://www.cinfin.com |
| MCY | Mercury General Corporation | Los Angeles | United States | USD | NYQ | 0.47 | 158.08 | 4300 | https://www.mercuryinsurance.com |
| LDA.MC | LINEA DIRECTA ASEGURADORA, S.A. | Tres Cantos | Spain | EUR | MCE | 7.02 | 2562 | https://www.lineadirectaaseguradora.com | |
| HSX.L | HISCOX LTD ORD 6.5P (DI) | Pembroke | Bermuda | GBp | LSE | 0.57 | -882.72 | 3000 | https://www.hiscoxgroup.com |
| AXS | Axis Capital Holdings Limited | Pembroke | Bermuda | USD | NYQ | 0.86 | 11.93 | 2082 | https://www.axiscapital.com |
| IFC.TO | INTACT FINANCIAL CORPORATION | Toronto | Canada | CAD | TOR | 0.64 | 12.76 | 26000 | https://www.intactfc.com |
| AFG | American Financial Group, Inc. | Cincinnati | United States | USD | NYQ | 0.87 | 7.75 | 6600 | https://www.afginc.com |
| SIGI | Selective Insurance Group, Inc. | Branchville | United States | USD | NMS | 0.72 | 9.85 | 2440 | https://www.selective.com |
| FNHC | FedNat Holding Company | Sunrise | United States | USD | NGM | 1.28 | -0.40 | 341 | https://www.fednat.com |
| KMPR | Kemper Corporation | Chicago | United States | USD | NYQ | 0.81 | -19.00 | 10300 | https://www.kemper.com |
| HMN | Horace Mann Educators Corporati | Springfield | United States | USD | NYQ | 0.55 | 9.96 | 1450 | https://www.horacemann.com |
| ARGO | Argo Group International Holdin | Pembroke | Bermuda | USD | NYQ | 0.90 | 8.25 | 1273 | https://www.argolimited.com |
| PRA | ProAssurance Corporation | Birmingham | United States | USD | NYQ | 0.36 | 8.72 | 1021 | https://www.proassurance.com |
| HRTG | Heritage Insurance Holdings, In | Tampa | United States | USD | NYQ | 0.93 | 1.99 | 648 | https://investors.heritagepci.com |
| SKWD | Skyward Specialty Insurance Gro | Houston | United States | USD | NMS | 13.10 | 448 | https://www.skywardinsurance.com | |
| 8715.T | ANICOM HOLDINGS INC | Tokyo | Japan | JPY | JPX | 0.20 | 7.13 | 847 | https://www.anicom.co.jp |
| HGTY | Hagerty, Inc. | Traverse City | United States | USD | NYQ | 150.23 | 1668 | https://www.hagerty.com |
Funds
Mutual Fund Holders
Social
Dividends
Ratings
News
Earnings
SEC Filings
Options
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.