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PGR: PROGRESSIVE CORP OHIO - Stock Quote Enter Ticker:
 

QuoteEstimatesCharts Company ReportsNewsFinancials
  Quote |  Detailed Quotes |  Real Time |  Options Chain |  Greeks Montage

PROGRESSIVE CORP OHIO (NYSE)
PGR 21.31 -0.02 (-0.09%) Vol.  1,781,289 11:25 ET

Zacks Rank: 2 - Buy

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
Zacks Rank Definition Annualized Return
# 1Strong Buy26.83%
# 2Buy18.69%
# 3Hold9.7%
# 4Sell4.03%
# 5Strong Sell1.63%
S&P5009.43%
Zacks Rank Education - Learn more about the Zacks Rank
Zacks Rank Home - All Zacks Rank resources in one place
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Day Low - High 21.19 - 21.35
52wk Low - High 16.88 - 22.08
Avg Volume 5,645,336
Industry INS-PROP&CASLTY
Market Cap 13.09 B
Div - Yield 0.41 - 1.91
PE (forward) 13.47
PEG Ratio 1.86
Current Year Est. 1.58
EPS Last Year 1.44
Detailed Quote


Premium Research: Stock Analysis

Zacks Rank

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
Zacks Rank Definition Annualized Return
# 1Strong Buy26.83%
# 2Buy18.69%
# 3Hold9.7%
# 4Sell4.03%
# 5Strong Sell1.63%
S&P5009.43%
Zacks Rank Education - Learn more about the Zacks Rank
Zacks Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank


Short-Term Rating 1-3 Months
Zacks #1 Rank Strong Buys Zacks Premium
up 2 - Buy
Zacks Recommendation

Zacks Recommendations are an excellent predictor of stock price movement over a 6+ month time frame. The recommendations come from the Zacks Equity Research group which combines the Zacks Rank with the insights from their team of over 50 equity analysts. The result is superior long term stock ratings.

The Zacks Recommendations are split into 3 groups: Outperform, Neutral and Underperform. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock. More on these reports below.

Difference Between Zacks Rank and Zacks Recommendation
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Long-Term Rating 6+ Months
All Outperform Rated Stocks Zacks Premium
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Zacks Industry Rank

Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.

When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

About Zacks Industry Rank
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Target Price

The Zacks Price Target provides you our expectation for a stocks share price in the next 6 months. These price targets are created by the Zacks Equity Research group to coincide with their recommendations that are also based on a 6 month time horizon.

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The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

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Updated as of 01/23/2012
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Premium Research: Industry Analysis

Top Peers Ticker Zacks Rank
PROGRESSIVE CORP OHIO PGR 2
PROASSURANCE CP PRA 1
BERKSHIRE HTH-B BRK.B 2
PLATINUM UNDRWT PTP 2
Top Peer Analysis Zacks Premium
See all INS-PROP&CASLTY Peers

BROKERAGE RECOMMENDATIONS
Current ABR 2.29
ABR (Last Week) 2.29
# of Recs in ABR 21
Average Target Price 22.00
Rank in Industry 21 out of 61
More Brokerage Recommendations

Zacks Community PeopleAndPicks.com
Community Rating

PeopleAndPicks.com Community Stock Ratings

Rating Recommendation % of Stocks
5 stars Strong Buy 10%
4 stars Buy 20%
3 stars Hold 40%
2 stars Sell 20%
1 stars Strong Sell 10%
0 stars Not Rated  

We believe that a community of investors working together can create a superior stock rating system. Some call this "collective intelligence". Or simply...together we can beat the market!

A stock's Community Rating is calculated based on the aggregate input of the PeopleAndPicks Community. The proportion of buy to sell ratings, recency of analysis, and the average score of the users who rate it favorably all factor into a score of one to five stars.


How do you rate PGR?
Buy
Sell
Find out what the Zacks Community
thinks of PGR at PeopleAndPicks.com

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ZACKS COMMENTARY FOR PGR
Zacks Blog: Rating Action on Progressive
Feb 02, 2012
Zacks Blog: A.M. Best Affirms Ratings on Allstate
Jan 30, 2012
Zacks Equity Research: Report for PGR
Jan 23, 2012
Zacks Blog: Progressive Reports Mixed Results
Jan 20, 2012
Zacks Blog: Progressive Outperforms in November
Dec 15, 2011
Zacks Blog: Still Neutral on Progressive
Nov 29, 2011
Zacks Blog: Progressive's October Earnings Drop
Nov 17, 2011
Zacks Blog: Progressive Lags Estimates
Oct 13, 2011
More Zacks Commentary
NEWS
Assured Guaranty has the Best Relative Performance in the Property & Casualty Insurance Industry (AGO, MBI, ORI, PGR, AHL) - Story Title - Comtex
Feb 09, 2012
Potential Progressive (PGR) Trade Has $19.77 Breakeven - Story Title - Comtex
Feb 08, 2012
Shares of MBIA Underperformed its Peers in the Property & Casualty Insurance Industry (MBI, ACE, TRV, CB, PGR) - Story Title - Comtex
Feb 07, 2012
Shares of Assured Guaranty Rank the Highest in Terms of Relative Performance in the Property & Casualty Insurance Industry (AGO, TWGP, ACE, PGR, BRK.B) - Story Title - Comtex
Feb 06, 2012
Allstate has the Best Relative Performance in the Property & Casualty Insurance Industry (ALL, XL, PGR, ORI, AGO) - Story Title - Comtex
Feb 03, 2012
Progressive (PGR) Breaks Through Resistance at $21.06 - Story Title - Comtex
Feb 03, 2012
Progressive (PGR) Showing Bullish Technicals But Could Break Through $21.18 Resistance - Story Title - Comtex
Feb 02, 2012
Progressive Up 1.1% Since Goldman Sachs Downgraded One Week Ago (PGR) - Story Title - Comtex
Feb 02, 2012
More News
EARNINGS ESTIMATES
  This Quarter
03/2012
Next Quarter
06/2012
This Year
12/2012
Next Year
12/2013
Average Estimate 0.41 0.39 1.58 1.70
Number of Estimates 16 16 22 19
Low Estimates 0.36 0.34 1.44 1.55
High Estimate 0.45 0.46 1.77 1.85
Year Ago EPS 0.45 0.38 1.43 1.58
EPS Growth -9.58% 3.45% 10.71% 7.08%

More Estimates

COMPANY DESCRIPTION
Progressive Corp. is an auto insurance company and a writer of auto insurance through independent agents. Progressive is committed to providing independent agents with a financially strong company that offers competitive products designed specifically for the agency business; a strong national brand that drives consumers to independent agent's offices; 24-hour, in-person services for them and their customers; and continued innovations in technology. (Company Press Release)

Full Company Report
FINANCIALS
EPS TTM 1.44
Sales 15508.1
Net Income 1015.5
Price/Earnings 14.81
Price/Book 2.25
Price/Cash Flow 9.92
Price/Sales .85


More Financials

 
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