Progressive Corporation

PGR

US7433151039

Property & Casualty Insurance

Real-time Estimate Cboe BZX Other stock markets 11:16:58 16/07/2024 pm IST			5-day change	1st Jan Change
209.2 ^USD	-3.65%		-0.31%	+31.12%

05:23pm	Global markets live: Verizon, KKR, GM, Disney, UnitedHealth...
03:19pm	Progressive's quarterly profit surges on strong demand for auto insurance policies	RE

The Progressive Corporation Reports Earnings Results for the Half Year Ended June 30, 2024

July 16, 2024 at 06:04 pm IST

The Progressive Corporation reported earnings results for the half year ended June 30, 2024. For the half year, the company reported revenue was USD 35,376.8 million compared to USD 29,656.7 million a year ago. Net income was USD 3,790.1 million compared to USD 793.3 million a year ago.

Latest news about Progressive Corporation

Global markets live: Verizon, KKR, GM, Disney, UnitedHealth...	08:53pm
Progressive's quarterly profit surges on strong demand for auto insurance policies	06:49pm	RE
Progressive Q2 Net Income Rises	06:35pm	MT
The Progressive Corporation Reports Earnings Results for the Half Year Ended June 30, 2024	06:04pm	CI
HSBC Adjusts Progressive's PT to $228 From $227, Keeps Hold Rating	15/07	MT
Goldman Sachs Adjusts Price Target on Progressive to $230 From $228	12/07	MT
BofA Securities Adjusts Price Target on Progressive to $276 From $281, Maintains Buy Rating	11/07	MT
JPMorgan Raises Price Target on Progressive to $239 From $210, Maintains Overweight Rating	11/07	MT
Jefferies Adjusts Price Target on Progressive to $256 From $249	10/07	MT
Keefe Bruyette & Woods Adjusts Progressive's Price Target to $210 From $207, Keeps Market Perform Rating	08/07	MT
Progressive Insider Sold Shares Worth $2,104,000, According to a Recent SEC Filing	02/07	MT
ANALYST RECOMMENDATIONS : Nvidia, Broadcom, Progressive, Draftkings, Moody's...	01/07
The Progressive Corporation(NYSE:PGR) added to Russell 1000 Dynamic Index	01/07	CI
Wells Fargo Adjusts Price Target on Progressive to $254 From $243, Maintains Overweight Rating	17/06	MT
Citigroup Adjusts Progressive's Price Target to $232 From $230, Keeps Neutral Rating	14/06	MT
Evercore ISI Adjusts Progressive Price Target to $243 From $240	14/06	MT
Progressive Reports May Net Income of $0.40 Per Share	14/06	MT
Autonomous Research Adjusts Price Target on Progressive to $230 From $210	12/06	MT
Morgan Stanley Trims Price Target on Progressive to $255 From $256, Keeps Overweight Rating	10/06	MT
Morgan Stanley Adjusts Price Target on Progressive to $255 From $256, Keeps Overweight Rating	10/06	MT
Citigroup Adjusts Price Target on Progressive to $230 From $232, Keeps Neutral Rating	05/06	MT
Progressive Insider Sold Shares Worth $2,546,585, According to a Recent SEC Filing	31/05	MT
U.S. auto insurance shoppers jump 6% in Q1, TransUnion says	21/05	RE
Sector Update: Financial Stocks Decline Late Afternoon	21/05	MT
Progressive Ranked 'Top Pick' by Morgan Stanley on Growth, Valuation	20/05	MT

Chart Progressive Corporation

Duration

Period

More charts

Company Profile

Progressive Corporation is an insurance group organized around 3 areas of activities: - automobile insurance for individuals (77.9% of net written premiums). Net written premiums break down by distribution network between Internet and phone (52.3%) and agencies (47.7%); - cars and trucks insurance of companies (17.3%); - property insurance (4.8%). All net written premiums are earned in the United States.

Sector

Property & Casualty Insurance

Calendar

16/07/2024 - June 2024 Sales and Revenue Release

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Ratings for Progressive Corporation

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

217.1 USD

Average target price

231.2 USD

Spread / Average Target

+6.52%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Insurance - Automobile

	1st Jan change	Capi.
PROGRESSIVE CORPORATION	+31.12%	127B
PICC PROPERTY AND CASUALTY COMPANY LIMITED	+0.75%	26.39B
TRYG A/S	+2.25%	13.65B
ADMIRAL GROUP PLC	-3.58%	10.06B
QUÁLITAS CONTROLADORA, S.A.B. DE C.V.	-0.89%	3.79B
PORTO SEGURO S.A.	+6.96%	3.62B
MERCURY GENERAL CORPORATION	+51.89%	3.04B
HAGERTY, INC.	+40.51%	959M
THE FIRST INSURANCE CO., LTD.	+32.61%	234M
ROADZEN, INC.	-54.22%	160M

Insurance - Automobile

Progressive Corporation

Equities

PGR

US7433151039

Property & Casualty Insurance

The Progressive Corporation Reports Earnings Results for the Half Year Ended June 30, 2024

EPS Revisions