Progressive Corp
General ticker "PGR" information:
- Sector: Financials
- Industry: Insurance
- Capitalization: $149.0B
Progressive Corp follows the US Stock Market performance with the rate: 54.4%.
Estimated limits based on current volatility of 1.3%: low 238.54$, high 244.85$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-10-03, amount 0.10$ (Y0.17%)
- Company does not operate outside North America (retrieved using AI)
- Current price 17.2% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [142.02$, 205.57$]
- 2024-12-30 to 2025-12-30 estimated range: [156.90$, 224.85$]
Financial Metrics affecting the PGR estimates:
- Positive: Non-GAAP EPS, $ of 6.19 > 2.29
- Negative: Operating cash flow per share per price, % of 0.25 <= 2.35
- Positive: 1.03 < Operating profit margin, % of 8.33
- Positive: -0.96 < Investing cash flow per share, $ of -0.54
- Positive: Industry operating cash flow per share per price (median), % of 11.06 > 10.07
- Positive: Return on assets ratio (scaled to [-100,100]) of 12.11 > 7.10
- Positive: Inventory ratio change, % of 0 <= 0
- Positive: Industry inventory ratio change (median), % of -25.01 <= -0.39
Short-term PGR quotes
Long-term PGR plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $47,676.50MM | $49,586.40MM | $62,082.30MM |
| Operating Expenses | $43,466.50MM | $48,664.30MM | $56,910.20MM |
| Operating Income | $4,210.00MM | $922.10MM | $5,172.10MM |
| Non-Operating Income | $0.00MM | $0.00MM | $-268.40MM |
| Interest Expense | $218.60MM | $243.50MM | $268.40MM |
| Income(Loss) | $4,210.00MM | $922.10MM | $4,903.70MM |
| Taxes | $859.10MM | $200.60MM | $1,001.30MM |
| Profit(Loss) | $3,350.90MM | $721.50MM | $3,902.40MM |
| Stockholders Equity | $18,231.60MM | $15,891.00MM | $20,277.10MM |
| Assets | $23,558.90MM | $22,696.60MM | $28,324.00MM |
| Operating Cash Flow | $2,711.50MM | $388.20MM | $236.20MM |
| Capital expenditure | $243.50MM | $292.00MM | $252.00MM |
| Investing Cash Flow | $1,784.80MM | $-1,514.40MM | $-314.20MM |
| Financing Cash Flow | $-4,496.30MM | $1,126.20MM | $78.00MM |
| Earnings Per Share* | $5.69 | $1.19 | $6.61 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.