PGR RSI Chart
Last 7 days
1.9%
Last 30 days
2.6%
Last 90 days
18.0%
Trailing 12 Months
59.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 65.0B | 0 | 0 | 0 |
2023 | 52.1B | 55.9B | 58.7B | 62.1B |
2022 | 48.6B | 49.1B | 50.6B | 49.6B |
2021 | 44.8B | 44.8B | 45.2B | 48.2B |
2020 | 39.5B | 41.0B | 42.4B | 42.7B |
2019 | 33.0B | 34.4B | 35.5B | 38.6B |
2018 | 27.9B | 29.4B | 31.1B | 32.0B |
2017 | 24.2B | 25.0B | 25.8B | 26.8B |
2016 | 21.5B | 22.1B | 22.7B | 23.4B |
2015 | 19.6B | 20.1B | 20.6B | 20.9B |
2014 | 18.4B | 18.6B | 18.8B | 19.4B |
2013 | 17.4B | 17.8B | 17.9B | 18.2B |
2012 | 16.0B | 16.3B | 16.9B | 17.1B |
2011 | 15.4B | 15.6B | 15.7B | 15.8B |
2010 | 14.8B | 14.9B | 15.0B | 15.2B |
2009 | 12.7B | 12.8B | 14.2B | 14.6B |
2008 | 0 | 14.1B | 13.5B | 12.8B |
2007 | 0 | 0 | 0 | 14.7B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 17, 2024 | johnson devin c | sold | -208,326 | 208 | -1,000 | - |
Apr 12, 2024 | farah roger n | back to issuer | - | - | -2,549 | - |
Apr 12, 2024 | bleser philip | back to issuer | - | - | -2,436 | - |
Apr 12, 2024 | fitt lawton w | back to issuer | - | - | -3,898 | - |
Mar 11, 2024 | bauer jonathan s. | acquired | - | - | 3,893 | chief investment officer |
Mar 11, 2024 | griffith susan patricia | acquired | - | - | 14,501 | president and ceo |
Mar 11, 2024 | griffith susan patricia | sold (taxes) | -1,225,920 | 196 | -6,228 | president and ceo |
Mar 11, 2024 | griffith susan patricia | sold (taxes) | -1,280,250 | 196 | -6,504 | president and ceo |
Mar 11, 2024 | sauerland john p | acquired | - | - | 4,465 | vp and chief financial officer |
Mar 11, 2024 | bauer jonathan s. | sold (taxes) | -363,367 | 196 | -1,846 | chief investment officer |
Which funds bought or sold PGR recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 07, 2024 | Cornerstone Planning Group LLC | reduced | -14.00 | 2,022 | 17,950 | 0.01% |
May 07, 2024 | OPPENHEIMER & CO INC | added | 21.31 | 501,291 | 1,372,870 | 0.02% |
May 07, 2024 | ASSETMARK, INC | added | 43.38 | 3,531,800 | 7,630,240 | 0.03% |
May 07, 2024 | NIXON PEABODY TRUST CO | new | - | 229,570 | 229,570 | 0.02% |
May 07, 2024 | ZEVENBERGEN CAPITAL INVESTMENTS LLC | reduced | -1.4 | 873,958 | 3,992,660 | 0.09% |
May 07, 2024 | Beacon Harbor Wealth Advisors, Inc. | reduced | -1.71 | 1,373,000 | 6,343,000 | 1.68% |
May 07, 2024 | Swiss National Bank | reduced | -4.28 | 70,802,500 | 362,349,000 | 0.25% |
May 07, 2024 | OPTIMAS CAPITAL Ltd | new | - | 3,433,210 | 3,433,210 | 3.00% |
May 07, 2024 | CHILTON CAPITAL MANAGEMENT LLC | reduced | -8.18 | 46,377 | 287,687 | 0.01% |
May 07, 2024 | OPPENHEIMER ASSET MANAGEMENT INC. | reduced | -10.08 | 2,491,260 | 17,356,500 | 0.25% |
Unveiling Progressive Corp-The's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Progressive Corp-The)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ARGO | 1.0T | 1.3B | -4.9K | 773.83 | ||||
AJG | 53.5B | 10.6B | 49.03 | 5.04 | ||||
AIG | 53.0B | 48.4B | 10.98 | 1.1 | ||||
TRV | 49.8B | 42.9B | 15.85 | 1.16 | ||||
AFL | 48.2B | 19.3B | 9.01 | 2.49 | ||||
ACGL | 37.0B | 13.6B | 8.33 | 2.72 | ||||
AFG | 11.0B | 8.0B | 12.42 | 1.37 | ||||
MID-CAP | ||||||||
UNM | 10.0B | 12.6B | 7.54 | 0.79 | ||||
AIZ | 9.2B | 11.1B | 14.28 | 0.82 | ||||
LNC | 5.0B | 11.9B | 3.69 | 0.42 | ||||
AEL | 4.5B | 2.8B | 21.34 | 1.58 | ||||
SMALL-CAP | ||||||||
BRP | 1.9B | 1.3B | -35.66 | 1.53 | ||||
AMSF | 908.5M | 308.9M | 14.73 | 2.94 | ||||
AMBC | 828.5M | 314.0M | 14.41 | 2.64 | ||||
AAME | 37.3M | 186.8M | -218.34 | 0.2 |
Progressive Corp-The News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 2.1% | 17,243 | 16,891 | 15,561 | 15,354 | 14,303 | 13,470 | 12,780 | 11,519 | 11,842 | 14,422 | 11,365 | 10,982 | 11,445 | 11,416 | 10,947 | 10,972 | 9,323 | 11,161 | 9,531 | 9,451 | 8,460 |
EBITDA Margin | 37.3% | 0.12* | 0.09* | 0.07* | 0.05* | 0.03* | 0.03* | 0.03* | 0.03* | 0.07* | 0.10* | 0.12* | 0.17* | 0.19* | 0.18* | 0.16* | 0.15* | 0.12* | 0.14* | - | - | - |
Interest Expenses | -0.1% | 70.00 | 70.00 | 70.00 | 66.00 | 63.00 | 63.00 | 63.00 | 63.00 | 54.00 | 52.00 | 54.00 | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 | 48.00 | 47.00 | 48.00 | 47.00 | 47.00 |
Income Taxes | 18.0% | 609 | 516 | 289 | 90.00 | 107 | 199 | 18.00 | -93.00 | 76.00 | 242 | 21.00 | 209 | 388 | 422 | 393 | 478 | 176 | 264 | 167 | 265 | 485 |
Earnings Before Taxes | 17.4% | 2,940 | 2,503 | 1,410 | 436 | 554 | 1,025 | 143 | -635 | 390 | 1,204 | 139 | 999 | 1,868 | 2,106 | 1,924 | 2,269 | 875 | 1,339 | 1,010 | 1,244 | 1,568 |
EBT Margin | 41.9% | 0.11* | 0.08* | 0.06* | 0.04* | 0.02* | 0.02* | 0.02* | 0.02* | 0.06* | 0.09* | 0.11* | 0.15* | 0.18* | 0.17* | 0.15* | 0.13* | 0.11* | 0.13* | - | - | - |
Net Income | 17.3% | 2,331 | 1,988 | 1,121 | 345 | 448 | 826 | 124 | -542 | 314 | 962 | 119 | 790 | 1,480 | 1,688 | 1,531 | 1,790 | 693 | 1,071 | 842 | 979 | 1,078 |
Net Income Margin | 41.6% | 0.09* | 0.06* | 0.05* | 0.03* | 0.02* | 0.01* | 0.02* | 0.02* | 0.04* | 0.07* | 0.09* | 0.12* | 0.14* | 0.13* | 0.12* | 0.11* | 0.09* | 0.10* | - | - | - |
Free Cashflow | 77.7% | 4,185 | 2,355 | 3,383 | 2,247 | 2,406 | 883 | 1,919 | 1,326 | 2,429 | 397 | 2,281 | 2,276 | 2,564 | 1,500 | 1,414 | 2,205 | 1,563 | 1,046 | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 6.1% | 94,128 | 88,691 | 85,653 | 82,945 | 80,407 | 75,465 | 75,524 | 73,057 | 73,930 | 71,132 | 72,618 | 69,824 | 65,413 | 64,098 | 62,906 | 59,421 | 56,266 | 54,911 | 54,008 | 51,324 | 48,850 |
Cash Equivalents | 68.6% | 168 | 100 | 138 | 180 | 289 | 221 | 365 | 241 | 287 | 202 | 286 | 115 | 123 | 77.00 | 91.00 | 109 | 370 | 227 | 46.00 | 93.00 | 159 |
Net PPE | -14.1% | 756 | 881 | 920 | 989 | 949 | 1,034 | 1,067 | 1,125 | 1,104 | 1,137 | 1,161 | 1,086 | 1,077 | 1,106 | 1,182 | 1,190 | 1,215 | 1,214 | 1,214 | 1,175 | 1,127 |
Goodwill | - | - | - | 228 | 228 | 228 | 228 | 228 | 228 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 |
Liabilities | 5.7% | 72,317 | 68,414 | 68,257 | 66,234 | 63,539 | 59,574 | 60,748 | 57,405 | 56,878 | 52,901 | 54,060 | 51,149 | 47,577 | 47,060 | 44,819 | 42,751 | 41,689 | 41,012 | 39,662 | 37,773 | 36,518 |
Shareholder's Equity | 7.6% | 21,811 | 20,277 | 17,395 | 16,711 | 1,908 | 15,891 | 14,776 | 15,653 | 585 | 18,232 | 18,558 | 1,712 | 494 | 932 | 18,087 | 585 | 404 | 585 | 14,123 | 584 | 9,358 |
Retained Earnings | 11.8% | 21,021 | 18,801 | 17,381 | 16,350 | 16,080 | 15,721 | 14,988 | 14,968 | 15,570 | 15,340 | 15,390 | 15,401 | 14,680 | 13,355 | 14,428 | 13,002 | 11,266 | 10,680 | 10,995 | 10,276 | 9,358 |
Additional Paid-In Capital | 0.8% | 2,029 | 2,013 | 1,978 | 1,936 | 1,908 | 1,893 | 1,840 | 1,815 | 1,789 | 1,773 | 1,736 | 1,712 | 1,686 | 1,673 | 1,629 | 1,615 | 1,602 | 1,573 | 1,539 | 1,523 | 1,497 |
Accumulated Depreciation | -4.5% | 1,580 | 1,655 | 1,597 | 1,580 | 1,576 | 1,551 | 1,499 | 1,513 | 1,456 | 1,407 | 1,422 | 1,397 | 1,319 | 1,291 | 1,265 | 1,242 | 1,192 | 1,138 | 1,085 | 1,106 | 1,065 |
Shares Outstanding | 0.1% | 586 | 585 | 585 | 585 | 585 | 584 | 584 | 584 | 584 | 585 | 585 | 585 | 585 | 585 | 585 | 585 | 585 | 584 | - | - | - |
Float | - | - | - | - | 76,907 | - | - | - | 67,446 | - | - | - | 56,938 | - | - | - | 46,424 | - | - | - | 46,188 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 73.8% | 4,235 | 2,437 | 3,420 | 2,337 | 2,450 | 930 | 2,027 | 1,390 | 2,502 | 452 | 2,371 | 2,324 | 2,615 | 1,547 | 1,480 | 2,253 | 1,626 | 1,128 | 1,759 | 1,506 | 1,869 |
Cashflow From Investing | -33.2% | -3,124 | -2,346 | -3,352 | -2,867 | -2,277 | -995 | -1,781 | -1,377 | -3,802 | 455 | -1,556 | -2,243 | 225 | -1,466 | -1,380 | -2,217 | -1,053 | -885 | -1,673 | -1,501 | -277 |
Cashflow From Financing | -703.4% | -1,042 | -129 | -108 | 421 | -104 | -78.90 | -121 | -59.30 | 1,385 | -990 | -643 | -89.10 | -2,792 | -95.70 | -117 | -296 | -429 | -61.70 | -131 | -70.30 | -1,507 |
Dividend Payments | -100.0% | - | 59.00 | 59.00 | 59.00 | 59.00 | - | - | - | 59.00 | - | - | - | 2,695 | - | - | - | - | - | - | - | - |
Consolidated Statements of Comprehensive Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |||
---|---|---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |||
Revenues | ||||
Net premiums earned | $ 16,148.6 | $ 13,533.1 | ||
Investment income | 617.6 | 419.6 | ||
Net realized gains (losses) on securities: | ||||
Net realized gains (losses) on security sales | (146.5) | (30.3) | ||
Net holding period gains (losses) on securities | 302.1 | 104.4 | ||
Net impairment losses recognized in earnings | 0.0 | (2.3) | ||
Total net realized gains (losses) on securities | 155.6 | 71.8 | ||
Fees and other revenues | 236.5 | 206.2 | ||
Service revenues | 84.2 | 72.5 | ||
Total revenues | 17,242.5 | 14,303.2 | ||
Expenses | ||||
Losses and loss adjustment expenses | 10,971.6 | 10,624.0 | ||
Policy acquisition costs | 1,232.2 | 1,115.8 | ||
Other underwriting expenses | 1,931.4 | 1,857.9 | ||
Investment expenses | 5.7 | 5.5 | ||
Service expenses | 92.1 | 82.3 | ||
Interest expense | 69.6 | 63.3 | ||
Total expenses | 14,302.6 | 13,748.8 | ||
Net Income | ||||
Income before income taxes | 2,939.9 | 554.4 | ||
Provision for income taxes | 608.5 | 106.5 | ||
Net income | 2,331.4 | 447.9 | ||
Other Comprehensive Income (Loss) | ||||
Total net unrealized gains (losses) on fixed-maturity securities | (207.8) | 603.2 | ||
Net unrealized losses on forecasted transactions | 0.1 | 0.1 | ||
Foreign currency translation adjustment | (0.2) | 0.0 | ||
Other comprehensive income (loss) | (207.9) | 603.3 | ||
Comprehensive income (loss) | 2,123.5 | 1,051.2 | ||
Computation of Earnings Per Common Share | ||||
Net income | 2,331.4 | 447.9 | ||
Less: Preferred share dividends and other | [1] | 17.0 | 7.3 | |
Net income available to common shareholders | $ 2,314.4 | $ 440.6 | ||
Average common shares outstanding - Basic (in shares) | 585.4 | 584.9 | ||
Net effect of dilutive stock-based compensation (in shares) | 1.9 | 2.1 | ||
Total average equivalent common shares - Diluted (in shares) | 587.3 | 587.0 | ||
Basic: Earnings per common shares (in dollars per share) | $ 3.95 | $ 0.75 | ||
Diluted: Earnings per common share (in dollars per share) | $ 3.94 | $ 0.75 | ||
|
Consolidated Balance Sheets - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 | Mar. 31, 2023 | ||
---|---|---|---|---|---|
Assets | |||||
Fixed maturities (amortized cost: $65,949.3, $53,123.9, and $62,441.9) | $ 63,629.7 | $ 60,378.2 | $ 50,289.2 | ||
Short-term investments (amortized cost: $1,326.7, $2,524.1, and $1,789.9) | 1,326.7 | 1,789.9 | 2,524.1 | ||
Total available-for-sale securities | 64,956.4 | 62,168.1 | 52,813.3 | ||
Nonredeemable preferred stocks (cost: $931.1, $1,197.7, and $977.1) | 886.7 | 902.1 | 1,078.8 | ||
Common equities (cost: $708.2, $740.5, and $706.0) | 3,194.9 | 2,928.4 | 2,794.3 | ||
Total equity securities | 4,081.6 | 3,830.5 | 3,873.1 | ||
Total investments | 69,038.0 | 65,998.6 | 56,686.4 | ||
Cash and cash equivalents | 154.5 | 84.9 | 273.7 | ||
Restricted cash and cash equivalents | 13.4 | 14.7 | 14.9 | ||
Total cash, cash equivalents, restricted cash, and restricted cash equivalents | 167.9 | 99.6 | 288.6 | ||
Accrued investment income | 464.2 | 438.0 | 299.5 | ||
Premiums receivable, net of allowance for credit losses of $327.7, $340.9, and $369.1 | 14,192.5 | 11,958.2 | 12,411.4 | ||
Reinsurance recoverables | 5,003.4 | 5,093.9 | 5,616.2 | ||
Prepaid reinsurance premiums | 209.8 | 249.8 | 269.6 | ||
Deferred acquisition costs | 1,818.2 | 1,687.4 | 1,626.8 | ||
Property and equipment, net of accumulated depreciation of $1,580.2, $1,576.2, and $1,655.1 | 756.3 | 880.8 | 949.0 | ||
Net federal deferred income taxes | 1,031.8 | 936.0 | 1,057.0 | ||
Other assets | 1,445.8 | 1,348.5 | 1,202.6 | ||
Total assets | 94,127.9 | 88,690.8 | 80,407.1 | ||
Liabilities | |||||
Unearned premiums | 22,907.3 | 20,133.7 | 19,844.3 | ||
Loss and loss adjustment expense reserves | 34,831.0 | 34,389.2 | 31,026.4 | ||
Accounts payable, accrued expenses, and other liabilities | 7,688.6 | 7,002.2 | 6,278.7 | ||
Debt | [1] | 6,889.7 | 6,888.6 | 6,389.3 | |
Total liabilities | 72,316.6 | 68,413.7 | 63,538.7 | ||
Shareholders' Equity | |||||
Serial Preferred Shares, Series B, no par value (cumulative, liquidation preference $1,000 per share) (authorized, issued, and outstanding of $0, $0.5, and $0.5) | 0.0 | 493.9 | 493.9 | ||
Common shares, $1.00 par value (authorized 900.0; issued 797.6, including treasury shares of 211.9, 212.2, and 212.3) | 585.7 | 585.3 | 585.4 | ||
Paid-in capital | 2,028.7 | 2,013.1 | 1,907.7 | ||
Retained earnings | 21,020.5 | 18,800.5 | 16,080.1 | ||
Accumulated other comprehensive income (loss): | |||||
Net unrealized gains (losses) on fixed-maturity securities | (1,808.6) | (1,600.8) | (2,183.1) | ||
Net unrealized losses on forecasted transactions | (13.9) | (14.0) | (14.4) | ||
Foreign currency translation adjustment | (1.1) | (0.9) | (1.2) | ||
Total accumulated other comprehensive income (loss) | (1,823.6) | (1,615.7) | (2,198.7) | ||
Total shareholders’ equity | 21,811.3 | 20,277.1 | 16,868.4 | ||
Total liabilities and shareholders’ equity | $ 94,127.9 | $ 88,690.8 | $ 80,407.1 | ||
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