New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
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 |
Fox's Bret Baier acknowledges 'mistake' in Harris interview over airing of Trump clip
Fox News anchor Bret Baier says he “made a mistake” during his interview with Kamala Harris in not airing video of a Donald Trump comment, something Harris pointed out to him in real time.
Supreme Court Split Over Trucker Fired For Unintentional CBD Use, Suing Under RICO Act
U.S. Supreme Court considering RICO case involving fired truck driver claiming injury from CBD product, divided on implications of ruling.
2024 -- The Real Election Year Surprise - Ad
In 2016, the October Election Surprise was Hillary Clinton's email scandal... In 2020, the October Election Surprise was the suppression of all the dirty material on Hunter Biden's "forgotten" laptop... Now, in 2024, we're forecasting an October Election Surprise that almost no one sees coming -- and this time it'll be way more devastating than anything you've seen before.
Supreme Court allows a rule limiting pollution from coal-fired power plants to remain in effect
WASHINGTON (AP) — The on Wednesday allowed a Biden administration regulation aimed at limiting planet-warming pollution from coal-fired power plants to remain in place as legal challenges play out.
Kamala Harris Defends Immigration Policy At Latino Town Hall, Criticizes Trump's Border Stance
Kamala Harris defends immigration policy at town hall, citing bipartisan bill and Trump's sabotage. Critics falsely blame her for drug smuggling.
Shocking Footage from Bill Gates' $100 Billion AI Project - Ad
Jeff Brown flew to Wisconsin to witness Bill Gates' $100 billion AI project firsthand. What he uncovered will blow your mind!
Tesla, Uber, AMD, Aehr, And TD Bank: Why These 5 Stocks Are On Investors' Radars Today
The S&P 500, Dow Jones Industrial Average, and the tech-heavy Nasdaq 100 all mirrored the decline falling 0.2%, 0.1%, and 0.05% respectively.
Edmunds: The most reliable used vehicles under $15,000
Buying a reliable used car, truck or SUV on a $15,000 budget is easy if you know what to look for. Edmunds’ experts have done that homework for you so you can start your search with the five recommended models listed below. RepairPal, a network of automotive repair shops, gives each one a high score for overall reliability. The vehicles also have favorable consumer reviews on Edmunds.
Wall St. Icon: Looming Financial Tsunami Will Wipe Out the 1% - Ad
Wall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American economy like a tsunami. It doesn't matter if you're blue collar, white collar, working, or retired. He says, "I am literally afraid for my family's future. I'm taking drastic steps to prepare for what I know will inevitably happen next."
Palantir, Amazon, Meta, Spirit Airlines, Tesla: Why These 5 Stocks Are On Investors' Radars Today
PLTR, AMZN, META, SAVE, TSLA were among the top trending stocks on Thursday Oct. 3, 2024.
The Nobel economics prize is being announced in Sweden
STOCKHOLM (AP) — The Royal Swedish Academy of Sciences is unveiling the winner — or winners — of the Memorial Prize in economics on Monday, wrapping up six days of awards announcements.
Strange New Catalyst for Gold ($5,000 Possible?) - Ad
Many are wondering why so many countries are frantically buying gold right now. The truth is this is just the beginning of a much larger story. One that could send gold soaring to even bigger highs in the coming months. But the best way to cash in on gold's upside might surprise you. One firm says this $6 stock could be the best way to get started.
Trump Backs Out Of Planned '60 Minutes' Interview, Ex-President's Campaign Says CBS Asked For Unprecedented Live Fact Checking
Former President Donald Trump has reportedly withdrawn from a scheduled appearance on CBS "60 Minutes."
Mark Cuban Drunkenly Bought A $125,000 Lifetime Flight Pass And Turned It Into A Profitable Investment
Business mogul Mark Cuban once made a spontaneous purchase of a lifetime flight pass from American Airlines during a celebratory spree, later upgrading it.Business mogul Mark Cuban once made a spontaneous purchase of a lifetime flight pass from American Airlines during a celebratory spree,
"Kings of Billion-Dollar Mines" Have Found a New Target... - Ad
Some of the smartest investors in the resource industry - the "Kings of Billion-Dollar Mines" - have identified their next big opportunity. Led by two brothers with deep roots in mining, they've found themselves in one of the richest gold regions in America. This team has a track record of success and they believe this company is next in line for massive growth.
SEC Showdown: Gary Gensler Defends Crypto Policy While Commissioner Mark Uyeda Calls It 'Disaster' For Assets Like Bitcoin, Ethereum, Dogecoin
In a fresh display of growing discord within the SEC, Commissioner Mark Uyeda has slammed the agency’s cryptocurrency policy, calling it a “disaster” for assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin
This Oil Investment Is Crushing Traditional Stocks - Ad
This is not your average oil play. It's an alternative investment with way more potential than traditional stocks... This oil play offers the best of both worlds -- income and growth. Take a look and discover how this oil investment leaves stocks in the dust.
Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips
WASHINGTON (AP) — The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in North Carolina that makes the wafers used in advanced computer chips and its factory in Marcy, New York.
Amazon says new technology in delivery vans will help sort packages on the fly and save time
Amazon has revealed new technology that it says will help delivery drivers avoid organizing packages at stops or manually check to see if they have the right parcel for each delivery.
Elon: Tesla Is a Robotics Company Now - Ad
Elon Musk's new plan for Tesla's future has nothing to do with electric cars... TechRadar reports it "will blow your mind..." & McKinsey says it "will shape the coming decade." We recently got our hands on a video clip detailing this breakthrough.
Russia's Latest 'Time Bomb' Sparks Fear, But It's Not What You Think
Economist Konstantin Sonin says that the ongoing conflict in Ukraine is setting the stage for a major economic crisis in Russia.
Alabama man arrested in SEC social media account hack that led the price of bitcoin to spike
WASHINGTON (AP) — An Alabama man was arrested Thursday for his alleged role in the of a U.S. Securities and Exchange Commission social media account that led the price of bitcoin to spike, the Justice Department said.
Could $1 Stock Be Sitting on a Billion-Dollar Discovery? - Ad
This $1 stock has already made its mark with a listing on the prestigious NYSE. Now, it's sitting on prime land in one of America's richest gold districts, with the potential for a billion-dollar discovery. For savvy investors, this may be a $1 "Golden Ticket" to massive returns.
Stellantis, seeking to revive sales, makes some leadership changes
Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tavares' retirement and the departure of its chief financial officer as it struggles to revive sales in North America.
A chemical cloud moving around Atlanta's suburbs prompts a new shelter-in-place alert
ATLANTA (AP) — Residents east of Atlanta were again warned to take shelter where they are on Tuesday if a chemical cloud moves over their neighborhood, as winds shifted the plume from .
Prepare for President Kamala - Ad
I won't be voting for her. Even so, I'm worried VP Kamala Harris could pull off a victory and become our next president. And it would be much worse than anything you might expect--especially when it comes to your money. Because likely WON'T get a second chance at recovering the money you stand to lose if she takes power.
Market Clubhouse Morning Memo - October 18th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Sibanye-Stillwater Loses $1.2 Billion Lawsuit, But Management Avoids Misconduct Charges, Touts No Compensation Claims
UK court rules Sibanye-Stillwater must compensate Appian Capital for terminating a $1.2B deal for Brazilian mines. Damages to be determined in November 2025.
US Oil Set to Surge on Middle East Tension... Are You Ready? - Ad
With the Middle East facing yet another conflict, now is the time to get in. That's why today I want to show you the best way to profit from oil in 2024. It's NOT a stock, future or bond... Rather, it's an unusual investment that could hand you huge monthly income from the oil and gas markets.
Trump Can't Impose Tariffs On China, Says Peter Schiff: 'He Can Only Impose Tariffs On Americans Who Buy Chinese Products'
Peter Schiff criticized Trump's tariff strategy, arguing that tariffs hurt American consumers rather than China and advocating for lower taxes and fewer regulations to boost U.S. manufacturing.
US Stocks Could Open Narrowly Mixed After Tuesday's Chip Sell-Off, Bitcoin Heads To $68K, Oil Slips
U.S. stock futures point to a flattish start on Wednesday after the S&P 500 Index and the Dow Jones Industrial Average retreated from record highs in the previous session.
Gold: Now Legal Tender - Ad
Most Americans missed this big story, but 1 in 5 states have now made gold and silver coins legal tender. It's just one reason why so many predict gold will soon hit $5,000. And why you need to check out this $6 strategy for gold immediately.
Musk offers voters $1 million to sign PAC petition backing the Constitution. Can that be legal?
, the billionaire founder of Tesla and Space X and owner of X who's gone all-in on Republican candidacy for the White House, has already committed at least . Now he's pledging to give away $1 million to voters for signing his political action committee's petition backing the Constitution.
Speaker Johnson lays out agenda for Republicans as they fight to hold House majority
WASHINGTON (AP) — Speaker laid out on Tuesday a policy agenda should Republicans take the majority next year that extends the tax cuts approved when was president, reduces the size of the federal workforce and gives parents more choice on where they can send their children to school.
Early Nvidia, AMD, and Tesla Investor Shares New AI Picks - Ad
Jeff Brown, the tech expert who recommended Nvidia, AMD, and Tesla, is now releasing new AI stock picks. He believes they could deliver even bigger gains than before.
Washington To Obama: Rare Presidential Autograph Collection Could Fetch $500,000 At Auction
An auction is selling a lot of autographs from the first 43 presidents of the United States, an incredibly rare collection of American history.
North Carolina town that produces quartz needed for tech products is devastated by Helene
SPRUCE PINE, N.C. (AP) — Two North Carolina facilities that manufacture the high-purity quartz used for making semiconductors, solar panels and fiber-optic cables have been shut down by with no reopening date in sight.
10X More Profitable Than Physical Gold? - Ad
There's a backdoor gold play that could deliver 10 TIMES bigger gains than physical gold. In fact, this single investment has outperformed gold by 10-to-1 over the past 25 years... and FAR outperformed most gold stocks
Eli Lilly's Alzheimer's Drug Raises Hopes but Faces Regulatory Hurdles in Europe
Eli Lilly invests £279M in the UK to boost life sciences, while its Alzheimer's drug, donanemab, faces European regulatory hurdles amid ongoing trials and safety concerns.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.