PGR:NYE-Progressive Corporation (The)

EQUITY | Insurance - Property & Casualty | New York Stock Exchange

Last Closing

USD 83.97

Change

-0.42 (-0.50)%

Market Cap

USD 19.36B

Volume

2.16M

Analyst Target

USD 82.64
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Progressive Corp is an insurance holding company, whose subsidiaries provides personal and commercial automobile insurance and other property-casualty insurance and related services throughout the United States.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-07-15 )

Largest Industry Peers for Insurance - Property & Casualty

Symbol Name Price(Change) Market Cap
CB Chubb Ltd

+1.29 (+0.52%)

USD 102.67B
TRV The Travelers Companies Inc

+0.20 (+0.09%)

USD 52.89B
ALL The Allstate Corporation

+2.45 (+1.42%)

USD 46.27B
ALL-PH The Allstate Corporation

+0.18 (+0.82%)

USD 34.66B
HIG Hartford Financial Services Gr..

+0.87 (+0.88%)

USD 30.70B
WRB W. R. Berkley Corp

+1.03 (+1.25%)

USD 22.39B
MKL Markel Corporation

+14.72 (+1.01%)

USD 19.79B
HIG-PG The Hartford Financial Service..

+0.07 (+0.28%)

USD 18.58B
L Loews Corp

+0.84 (+1.11%)

USD 16.80B
KNSL Kinsale Capital Group Inc

+11.42 (+2.53%)

USD 12.12B

ETFs Containing PGR

DXUS:CA Dynamic Active U.S. Equit.. 5.61 % 0.00 %

-0.02 (0%)

CAD 0.02B
SSPX Janus Henderson U.S. Sust.. 5.56 % 0.00 %

+0.19 (+0%)

USD 8.04M
BCHP 4.54 % 0.00 %

N/A

N/A
BWTG 4.53 % 0.00 %

N/A

N/A
TULV:CA TD Q U.S. Low Volatility .. 3.53 % 0.00 %

+0.28 (+0%)

CAD 0.06B
SPMV 3.17 % 0.00 %

N/A

N/A
SPME:SW iShares Edge S&P 500 Mini.. 2.78 % 0.00 %

+0.02 (+0%)

USD 0.09B
SPLV:SW iShares Edge S&P 500 Mini.. 2.78 % 0.00 %

+0.53 (+0%)

USD 1.93B
INNO Harbor Disruptive Innovat.. 2.63 % 0.00 %

+0.18 (+0%)

USD 0.03B
IYF iShares U.S. Financials E.. 2.62 % 0.42 %

+1.37 (+0%)

USD 2.50B
GVIP Goldman Sachs Hedge Indus.. 2.35 % 0.45 %

+0.97 (+0%)

USD 0.17B
KIE SPDR® S&P Insurance ETF 2.33 % 0.35 %

+0.38 (+0%)

USD 0.71B
MBOX Freedom Day Dividend ETF 2.18 % 0.00 %

+0.23 (+0%)

USD 0.09B
GXLF:LSE SPDR® S&P® U.S. Financi.. 2.09 % 0.00 %

+0.54 (+0%)

USD 0.36B
FNCL Fidelity® MSCI Financial.. 1.92 % 0.08 %

+0.66 (+0%)

USD 1.58B
JEPI JPMorgan Equity Premium I.. 1.72 % 0.00 %

+0.47 (+0%)

USD 32.43B
MUS:CA Mackenzie Maximum Diversi.. 1.61 % 0.58 %

+0.08 (+0%)

CAD 0.10B
XMU:CA iShares MSCI Min Vol USA .. 1.57 % 0.33 %

+0.21 (+0%)

CAD 0.30B
XMU-U:CA iShares MSCI Min Vol USA .. 1.57 % 0.00 %

N/A

N/A
WCEO Hypatia Women Ceo ETF 1.38 % 0.00 %

+0.22 (+0%)

USD 3.52M
MWD:CA Mackenzie Maximum Diversi.. 1.22 % 0.60 %

N/A

CAD 0.29B
JPUS JPMorgan Diversified Retu.. 0.45 % 0.19 %

+0.71 (+0%)

USD 0.42B
FAS Direxion Daily Financial .. 0.00 % 1.04 %

+3.66 (+0%)

USD 2.45B
FXO First Trust Financials Al.. 0.00 % 0.63 %

+0.64 (+0%)

USD 0.87B
PXLG 0.00 % 0.39 %

N/A

N/A
AMOM QRAFT AI-Enhanced U.S. La.. 0.00 % 0.00 %

+0.34 (+0%)

USD 0.02B
RYF 0.00 % 0.40 %

N/A

N/A
UYG ProShares Ultra Financial.. 0.00 % 0.95 %

+1.44 (+0%)

USD 0.70B
XLF Financial Select Sector S.. 0.00 % 0.13 %

+0.49 (+0%)

USD 38.44B
BIBL Northern Lights Fund Trus.. 0.00 % 0.35 %

+0.22 (+0%)

USD 0.37B
FPEI First Trust Institutional.. 0.00 % 0.85 %

-0.01 (0%)

USD 1.28B
IUFS:LSE iShares S&P 500 Financial.. 0.00 % 0.00 %

+0.10 (+0%)

USD 1.08B
MVUS:LSE iShares VI Public Limited.. 0.00 % 0.00 %

+60.00 (+0%)

USD 1.98B
SPMD:LSE iShares Edge S&P 500 Mini.. 0.00 % 0.00 %

+0.02 (+0%)

USD 0.10B
SPMV:LSE iShares Edge S&P 500 Mini.. 0.00 % 0.00 %

+0.18 (+0%)

USD 1.98B
UIFS:LSE iShares S&P 500 USD Finan.. 0.00 % 0.00 %

+13.50 (+0%)

USD 1.08B
XMXD:LSE db x-trackers MSCI EM EME.. 0.00 % 0.00 %

+0.20 (+0%)

USD 0.02B
XSFN:LSE db x-trackers MSCI USA Fi.. 0.00 % 0.00 %

+33.25 (+0%)

USD 1.11B
XUFN:LSE db x-trackers MSCI USA Fi.. 0.00 % 0.00 %

+0.25 (+0%)

USD 1.11B
IBCK:F iShares VI Public Limited.. 0.00 % 0.00 %

+0.84 (+0%)

N/A
IS31:F iShares VI Public Limited.. 0.00 % 0.00 %

+0.09 (+0%)

N/A
QDVH:F iShares S&P 500 Financial.. 0.00 % 0.00 %

+0.15 (+0%)

USD 1.12B
ZPDF:F SPDR S&P U.S. Financials .. 0.00 % 0.00 %

+0.66 (+0%)

USD 0.36B
IBCK:XETRA iShares Edge S&P 500 Mini.. 0.00 % 0.00 %

+0.37 (+0%)

USD 1.49B
IS31:XETRA iShares Edge S&P 500 Mini.. 0.00 % 0.00 %

+0.02 (+0%)

USD 0.11B
QDVH:XETRA iShares S&P 500 Financial.. 0.00 % 0.00 %

+0.11 (+0%)

USD 1.12B
ZPDF:XETRA SPDR S&P U.S. Financials .. 0.00 % 0.00 %

+0.46 (+0%)

USD 0.36B
GBDV 0.00 % 0.00 %

N/A

N/A
ASPY 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Insurance - Property & Casualty) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 39.18% 100% F 91% A-
Dividend Return 0.33% 16% F 5% F
Total Return 39.52% 96% N/A 90% A-
Trailing 12 Months  
Capital Gain 43.69% 96% N/A 96% N/A
Dividend Return 0.34% 11% F 3% F
Total Return 44.03% 96% N/A 96% N/A
Trailing 5 Years  
Capital Gain 244.14% 100% F 98% N/A
Dividend Return 14.67% 47% F 55% F
Total Return 258.81% 100% F 98% N/A
Average Annual (5 Year Horizon)  
Capital Gain 28.10% 100% F 83% B
Dividend Return 30.42% 100% F 83% B
Total Return 2.32% 33% F 57% F
Risk Return Profile  
Volatility (Standard Deviation) 15.98% 32% F 72% C
Risk Adjusted Return 190.39% 100% F 100% F
Market Capitalization 19.36B 97% N/A 95% A

Key Financial Ratios

  Ratio vs. Industry/Classification (Insurance - Property & Casualty) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 19.70 60% 55%
Price/Book Ratio 4.22 6% 23%
Price / Cash Flow Ratio 0.00 70% 77%
Price/Free Cash Flow Ratio 0.00 70% 73%
Management Effectiveness  
Return on Equity 25.67% 100% 90%
Return on Invested Capital N/A N/A N/A
Return on Assets 5.54% 97% 78%
Debt to Equity Ratio 42.65% 23% 69%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.