Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Insurance - Property & Casualty

The Progressive Corporation operates as an insurance company in the United States. The company writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. It also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers' compensation insurance for the transportation industry. In addition, the company offers other specialty property-casualty insurance and provide related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Revenue projections:

Revenue projections for PGR
Revenue projections for PGR

The projected decline in PGR's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

Financial Ratios:

currentRatio 0.292000
forwardPE 12.351922
debtToEquity 26.174000
earningsGrowth 0.098000
revenueGrowth 0.087000
grossMargins 0.185620
operatingMargins 0.163930
trailingEps 19.650000
forwardEps 16.135950

The Progressive Corporation's current ratio 0.292 indicates that its cash reserves and current assets may not be sufficient to cover short-term debt. This suggests possible liquidity challenges and may require The Progressive Corporation to secure additional financing to meet its immediate obligations.
With PGR's Forward PE in a favorable range, the stock appears reasonably priced compared to its earnings. This suggests that it's not overpriced and there is room for growth, providing an encouraging opportunity for investors seeking future value increases.
PGR's low Debt-to-Equity ratio reflects the company's conservative use of debt. This shows that it isn't over-leveraged, reducing financial risk and indicating a stable financial structure, which is a positive signal for investors concerned about excessive debt burdens.
PGR's forward EPS is lower than its trailing EPS, indicating the company may experience reduced profitability. This signals that the company's earnings growth could slow down in the near future.

Price projections:

Price projections for PGR
Price projections for PGR

Over time, PGR's price projections have consistently been revised lower. This downward shift suggests analysts are becoming more cautious about the company's future, possibly due to emerging risks or challenges.

Insider Transactions:

Insider Transactions for PGR
Insider Transactions for PGR


28 PGR sales were executed, with market price at 247.0917113167899.No sell transactions occurred in the period under review.The higher volume of buys compared to sells near current PGR price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.

Recommendation changes over time:

Recommendations trend for PGR
Recommendations trend for PGR


Analysts have shown a buy bias for The Progressive Corporation, marking it as a favorable investment option. This could inspire investors to see The Progressive Corporation as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.