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The Progressive (PGR)

(Delayed Data from NYSE)

$209.25 USD

-4.42 (-2.07%)

Updated May 15, 2024 04:00 PM ET

After-Market: $209.25 0.00 (0.00%) 6:10 PM ET

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
1	Strong Buy	24.20%
2	Buy	18.04%
3	Hold	9.52%
4	Sell	5.20%
5	Strong Sell	2.60%
S&P	500	11.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

1-Strong Buy of 5 1

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score	A
Growth Score	A
Momentum Score	A
VGM Score	A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value A Growth C Momentum B VGM

Industry Rank:

Top 15% (37 out of 250)

Industry: Insurance - Property and Casualty

View All Zacks #1 Ranked Stocks

Better trading starts here.

Research for PGR

Annual Key Company Metrics
Quarterly Key Company Metrics

Revenue - Line of Business Segments	YR Estimate	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net premiums earned [$M]		58,664	49,241	44,369	39,262	36,192
Investment income [$M]		1,892	1,260	861	937	1,042
Net realized gains (losses) on se...		14	197	614	915	335
Fees and other revenues [$M]		889	722	692	604	564
Service revenues [$M]		310	299	271	226	195
Net premiums earned: Personal Lin...		21,198	17,745	16,881	15,790	14,904
Net premiums earned: Personal Lin...		25,015	20,136	18,492	16,831	15,306
Net premiums earned: Personal lin...		46,213	37,880	35,373	32,620	30,210
Net premiums earned: Commercial L...		9,899	9,088	6,945	4,876	4,428
Net premiums earned: Property [$M...		2,551	2,270	2,043	1,766	1,555
NFM - Operating & Non Financial Metrics	YR Estimate	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Policies in force - Total Commerc...		1,099	1,046	971	822	751
Policies in force - Total Persona...		25,495	23,455	22,736	21,414	19,409
Policies in force - Total Propert...		3,096	2,851	2,776	2,484	2,202
Policies in force - Total persona...		19,526	17,897	17,447	16,498	14,861
Policies in force - Total special...		5,969	5,558	5,289	4,915	4,548
Companywide Total - Loss/LAE rati...		78	77	76	64	70
Companywide Total - Expense ratio...		17	19	20	24	21
Companywide Total - Combined rati...		95	96	95	88	91
Personal Lines Business - Agency ...		77	78	76	64	70
Personal Lines Business - Agency ...		18	18	19	22	19
Personal Lines Business - Agency ...		95	96	94	86	89
Personal Lines Business - Direct ...		78	79	77	63	71
Personal Lines Business - Direct ...		14	18	19	25	21
Personal Lines Business - Direct ...		93	96	97	88	89
Personal Lines Business - Total -...		78	78	76	63	71
Personal Lines Business - Total -...		16	18	19	24	20
Personal Lines Business - Total -...		94	96	95	87	91
Commercial Lines Business - Loss/...		79	72	69	65	69
Commercial Lines Business - Expen...		20	20	20	23	21
Commercial Lines Business - Combi...		99	91	89	87	90
Property Business - Loss/LAE rati...		70	83	86	77	71
Property Business - Expense ratio...		29	27	29	30	31
Property Business - Combined rati...		99	111	115	107	102
Policies in force - Personal Line...		8,336	7,766	7,879	7,617	6,994
Policies in force - Personal Line...		11,190	10,131	9,568	8,881	7,867

Revenue - Line of Business Segments	Qtr Estimate	03/31/2024	12/31/2023	09/30/2023	06/30/2023	03/31/2023
Net premiums earned [$M]		16,149	15,773	14,894	14,464	13,533
Investment income [$M]		618	508	510	455	420
Net realized gains (losses) on se...		156	-36	-149	127	72
Fees and other revenues [$M]		237	233	224	227	206
Service revenues [$M]		84	75	81	81	73
Net premiums earned: Personal Lin...		5,858	--	5,414	5,207	4,860
Net premiums earned: Personal Lin...		7,021	--	6,362	6,181	5,717
Net premiums earned: Personal lin...		12,878	--	11,776	11,388	10,578
Net premiums earned: Commercial L...		2,557	--	2,487	2,454	2,356
Net premiums earned: Property [$M...		713	--	632	622	599
NFM - Operating & Non Financial Metrics	Qtr Estimate	03/31/2024	12/31/2023	09/30/2023	06/30/2023	03/31/2023
Policies in force - Total Commerc...		1,101	1,099	1,110	1,101	1,071
Policies in force - Total Persona...		26,524	25,495	25,474	25,501	24,806
Policies in force - Total Propert...		3,209	3,097	3,025	2,974	2,913
Policies in force - Total persona...		20,448	19,526	19,518	19,658	19,168
Policies in force - Total special...		6,076	5,969	5,956	5,843	5,637
Companywide Total - Loss/LAE rati...		68	--	76	84	78
Companywide Total - Expense ratio...		18	--	16	17	21
Companywide Total - Combined rati...		86	89	92	100	99
Personal Lines Business - Agency ...		66	--	76	84	78
Personal Lines Business - Agency ...		18	--	18	18	19
Personal Lines Business - Agency ...		84	--	94	101	97
Personal Lines Business - Direct ...		68	--	77	85	80
Personal Lines Business - Direct ...		17	--	12	13	21
Personal Lines Business - Direct ...		85	--	89	98	100
Personal Lines Business - Total -...		67	--	77	84	79
Personal Lines Business - Total -...		18	--	15	15	20
Personal Lines Business - Total -...		85	--	91	100	99
Commercial Lines Business - Loss/...		72	--	80	77	76
Commercial Lines Business - Expen...		19	--	19	19	22
Commercial Lines Business - Combi...		92	--	99	96	98
Property Business - Loss/LAE rati...		65	--	59	106	75
Property Business - Expense ratio...		29	--	29	28	30
Property Business - Combined rati...		93	--	88	133	106
Policies in force - Personal Line...		8,593	8,336	8,363	8,438	8,173
Policies in force - Personal Line...		11,855	11,190	11,154	11,221	10,996

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