Progressive Corp Stock Today

PGR Stock  USD 243.84  0.11  0.05%   

Performance

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Odds Of Distress

Less than 5

 
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Progressive Corp is selling at 243.84 as of the 12th of December 2024; that is 0.05% increase since the beginning of the trading day. The stock's lowest day price was 243.73. Progressive Corp has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Note, on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Progressive Corp's common stock.
Business Domain
Insurance
IPO Date
9th of July 1986
Category
Financial Services
Classification
Financials
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 has 585.81 M outstanding shares of which 4.34 M shares are at this time shorted by investors with about 1.83 days to cover. More on Progressive Corp

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Progressive Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOSusan Griffith
Thematic Ideas
(View all Themes)
Old Names[Phoenix Global Resources plc, PGR, The PAS Group Ltd, Peregrine Holdings Limited, Phoenix Global Resources PLC]
Business ConcentrationProperty & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, SP 500 Index, ARCA Institutional, FinTech, Macroaxis Picks, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03920.044
Fairly Down
Very volatile
Asset Turnover0.520.7
Way Down
Slightly volatile
Gross Profit Margin0.80.9999
Significantly Down
Slightly volatile
Net Debt7.1 B6.8 B
Sufficiently Up
Slightly volatile
Total Current Liabilities15.1 B29.6 B
Way Down
Slightly volatile
Non Current Liabilities Total36.2 B34.4 B
Sufficiently Up
Slightly volatile
Total Assets93.1 B88.7 B
Sufficiently Up
Slightly volatile
Total Current Assets80.7 M84.9 M
Notably Down
Pretty Stable
Total Cash From Operating Activities11.2 B10.6 B
Sufficiently Up
Slightly volatile
Debt Levels
Progressive Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Progressive Corp's financial leverage. It provides some insight into what part of Progressive Corp's total assets is financed by creditors.
Liquidity
Progressive Corp has 6.89 B in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. Progressive Corp has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Progressive to invest in growth at high rates of return.

Other Non Cash Items

(289.27 Million)
Progressive Corp (PGR) is traded on New York Stock Exchange in USA. It is located in 300 North Commons Blvd., Mayfield Village, OH, United States, 44143 and employs 61,432 people. Progressive Corp is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 142.78 B. Progressive Corp runs under Insurance sector within Financials industry. The entity has 585.81 M outstanding shares of which 4.34 M shares are at this time shorted by investors with about 1.83 days to cover. Progressive Corp has about 4.59 B in cash with 10.64 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.84.
Check Progressive Corp Probability Of Bankruptcy
Ownership Allocation
Progressive Corp owns a total of 585.81 Million outstanding shares. The majority of Progressive Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Progressive Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Progressive Corp. Please pay attention to any change in the institutional holdings of Progressive Corp as this could imply that something significant has changed or is about to change at the company. Please note that on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Progressive Corp's common stock.
Check Progressive Ownership Details

Progressive Stock Institutional Holders

InstituionRecorded OnShares
Alliancebernstein L.p.2024-09-30
7.5 M
Hhg Plc2024-09-30
7.2 M
Capital World Investors2024-09-30
6.7 M
T. Rowe Price Associates, Inc.2024-09-30
6.7 M
Brown Advisory Holdings Inc2024-09-30
5.8 M
Nuveen Asset Management, Llc2024-09-30
5.6 M
Northern Trust Corp2024-09-30
5.5 M
Principal Financial Group Inc2024-09-30
5.4 M
Amvescap Plc.2024-09-30
5.4 M
Vanguard Group Inc2024-09-30
52.8 M
Blackrock Inc2024-06-30
48.5 M
View Progressive Corp Diagnostics

Progressive Corp Historical Income Statement

At this time, Progressive Corp's Total Operating Expenses is relatively stable compared to the past year. As of 12/12/2024, Net Income is likely to grow to about 4.1 B, though Total Other Income Expense Net is likely to grow to (255 M). View More Fundamentals

Progressive Stock Against Markets

Progressive Corp Corporate Directors

Stuart BurgdoerferIndependent DirectorProfile
Patrick NettlesIndependent DirectorProfile
Philip BleserIndependent DirectorProfile
Kahina DykeIndependent DirectorProfile

Additional Tools for Progressive Stock Analysis

When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.