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The Progressive CorporationPGR
USD
-2.37 (-0.92%)
Apr 7, 2025, 4:00 PM - At close
USD
-4.02 (-1.58%)
Apr 7, 2025, 7:58 PM EDT - Until the end
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Overview >
Market Cap
149.64B
Revenue (ttm)
75.34B
Net Income (ttm)
8.46B
Shares Out
586.21M
EPS (ttm)
14.40
PE Ratio
17.73
Forward PE
16.59
Dividend
$4.90 (1.92%)
Ex-Dividend Date
Apr 3, 2025
Volume
5,910,450
Open
252.80
Previous Close
257.64
Day's Range
247.98 - 261.28
52-Week Range
201.34 - 292.99
Beta
0.38
Analysts
Buy
Price Target
279.44 (+9.47%)
Earnings Date
Apr 15, 2025
Description >

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 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, garbage/debris removal, 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 manufactured homes, personal umbrella insurance, and primary and excess flood insurance.

The company offers policy issuance and claims adjusting services; and acts as an agent to homeowners, general liability, workers' compensation insurance, and other products.

It also provides reinsurance services. The company sells its products through independent insurance agencies, as well as through mobile applications and over the phone.

The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Latest News >
Market Chatter: BBVA Could Stop Pursuit of Banco Sabadell Takeover on Spanish Regulatory Requirements
Market Chatter: BBVA Could Stop Pursuit of Banco Sabadell Takeover on Spanish Regulatory Requirements
Nov 13, 2024
08:46 AM EST, 11/13/2024 (MT Newswires) -- Banco Bilbao Vizcaya Argentaria ( BBVA ) is willing to abandon its pursuit of Banco Sabadell if stringent Spanish regulatory requirements undermine the deal's appeal, Bloomberg reported Wednesday, citing BBVA Chief Executive Onur Genc as saying at a conference in Madrid. The company will not hesitate one second to walk away from the...
Instant view: Oct CPI inflation up modestly, as expected
Instant view: Oct CPI inflation up modestly, as expected
Nov 13, 2024
(Reuters) - U.S. consumer prices increased as expected in October, and progress toward bringing inflation down has slowed since mid-year, which could result in fewer interest rate cuts from the Federal Reserve next year. The consumer price index rose 0.2% for the fourth straight month, the Labor Department said on Wednesday. In the 12 months through October, the CPI advanced...
Liberty Media CEO Gregory Maffei to step down
Liberty Media CEO Gregory Maffei to step down
Nov 13, 2024
Nov 13 (Reuters) - Liberty Media ( LLYVB ) CEO Gregory Maffei will step down from his role at the end of 2024, the company said on Wednesday. ...
Skyworks Beats Q4 EPS Estimates, Projects AI-Driven Smartphone Surge Despite Modest Q1 Outlook
Skyworks Beats Q4 EPS Estimates, Projects AI-Driven Smartphone Surge Despite Modest Q1 Outlook
Nov 13, 2024
Skyworks Solutions Inc ( SWKS ) shares are trading lower premarket on Wednesday after it reported fourth-quarter results on Tuesday. The company reported adjusted EPS of $1.55, which beat the analyst consensus estimate of $1.52. Quarterly sales of $1.025 million were in line with the analyst consensus estimate.  The company declared its quarterly dividend of 70 cents per share, payable on December 24, to stockholders...
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