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About The Progressive Corporation
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 homes, condos, manufactured homes, 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 place business owner's policies, general and professional liability, and workers' compensation insurance. 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.
General
| Name | The Progressive Corporation |
| Ticker | PGR |
| Exchange | NYSE |
| Sector | Financial Services |
| Industry | Insurance-Property & Casualty |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 43,326 |
Highlights
| Analyst Target | 99.19 |
| Market Cap | 52,875,468,800 |
| PE Ratio | 21.53 |
| PEG Ratio | 22.04 |
| EBITDA | 7,721,999,872 |
Share Stats
| Shares Outstanding | 585,699,968 |
| Shares Float | 583,445,739 |
| Shares Short | 5,201,243 |
| Insider Holdings | 30% |
| Institution Holdings | 84.29% |
Highlights
| Analyst Target | 99.19 |
| Market Cap | 52,875,468,800 |
| PE Ratio | 21.53 |
| PEG Ratio | 22.04 |
| EBITDA | 7,721,999,872 |
Valuation
| Trailing PE | 9.34 |
| Forward PE | 15.43 |
| Price/Sales (Trailing 12 Mt.) | 1.26 |
| Price/Book (Most Recent Quarter) | 3.23 |
Dividend
The Progressive Corporation pays out a dividend of $4.90 per share, with a dividend yield of 0.46%.
PGR's last dividend payment was made to shareholders on April 15, 2021.
They pay out 65.29% of their earnings out as a dividend.
Recent Dividends
| Jul 12, 2024 | $0.10 |
| Apr 12, 2024 | $0.10 |
| Jan 26, 2024 | $0.10 |
| Oct 13, 2023 | $0.10 |
| Jul 14, 2023 | $0.10 |
| Apr 14, 2023 | $0.10 |
| Jan 13, 2023 | $0.10 |
| Oct 14, 2022 | $0.10 |
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