Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
PGR 
Progressive Corp (PGR)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
06/27/2025: PGR (5-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Number of Analysts
19 Analysts rated it
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Year Target Price $288.31
Year Target Price $288.31
| 5 | Strong Buy |
| 5 | Buy |
| 8 | Hold |
| 0 | Under performing |
| 1 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit 56.06% | Avg. Invested days 54 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 06/27/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 154.76B USD | Price to earnings Ratio 17.79 | 1Y Target Price 291.02 |
Price to earnings Ratio 17.79 | 1Y Target Price 291.02 | ||
Volume (30-day avg) - | Beta 0.4 | 52 Weeks Range 203.18 - 292.89 | Updated Date 06/29/2025 |
52 Weeks Range 203.18 - 292.89 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 1.86% | Basic EPS (TTM) 14.84 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 11.1% | Operating Margin (TTM) 16.2% |
Management Effectiveness
Return on Assets (TTM) 6.87% | Return on Equity (TTM) 34.34% |
Valuation
Trailing PE 17.79 | Forward PE 16.72 | Enterprise Value 161456179515 | Price to Sales(TTM) 1.97 |
Enterprise Value 161456179515 | Price to Sales(TTM) 1.97 | ||
Enterprise Value to Revenue 2.06 | Enterprise Value to EBITDA 21.85 | Shares Outstanding 586224000 | Shares Floating 584042891 |
Shares Outstanding 586224000 | Shares Floating 584042891 | ||
Percent Insiders 0.26 | Percent Institutions 88.17 |
Analyst Ratings
Rating 3.68 | Target Price 288.31 | Buy 5 | Strong Buy 5 |
Buy 5 | Strong Buy 5 | ||
Hold 8 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Progressive Corp
Company Overview
History and Background
Progressive Corp was founded in 1937 by Joseph M. Lewis and Jack Green as Progressive Mutual Insurance Company. Initially focused on providing affordable auto insurance, it has grown into one of the largest auto insurers in the United States, known for its innovative approach to pricing and claims handling.
Core Business Areas
- Personal Lines: Provides auto insurance and other personal lines products, such as homeowners, renters, and umbrella insurance, to individuals and families.
- Commercial Lines: Offers commercial auto insurance and other business-related insurance products to businesses of all sizes.
Leadership and Structure
Tricia Griffith serves as the CEO of Progressive Corp. The company operates with a decentralized organizational structure that empowers individual business units to make decisions.
Top Products and Market Share
Key Offerings
- Auto Insurance (Personal Lines): Progressive's core offering is personal auto insurance, providing coverage for vehicle damage, bodily injury, and liability. Progressive has a market share around 14%. Competitors include State Farm, GEICO, Allstate, and USAA. Revenue for this sector is primarily from premiums earned.
- Commercial Auto Insurance: Commercial auto insurance caters to businesses, covering vehicles used for commercial purposes. Market share around 11%. Competitors include Travelers, Liberty Mutual, and Zurich. Revenue for this sector is primarily from premiums earned.
- Homeowners Insurance: Progressive sells homeowners insurance through third parties and through its ARX holding company. No specific market share or user data available, but this complements its core auto insurance business. Competitors include State Farm, Allstate, and Travelers.
Market Dynamics
Industry Overview
The insurance industry is highly competitive and heavily regulated, facing challenges from technological disruption, changing consumer preferences, and economic uncertainty. The industry is currently experiencing premium increases due to rising claims costs.
Positioning
Progressive is positioned as an innovative and data-driven insurer, known for its usage-based insurance products (Snapshot) and efficient claims processing. It aims to offer competitive rates through sophisticated risk assessment. Progressive has benefited from its direct-to-consumer business model.
Total Addressable Market (TAM)
The total addressable market for property and casualty insurance in the US is estimated to be around $900 billion. Progressive's TAM is directly correlated to US auto policies sold per year. Progressive is positioned to gain market share with its innovative services.
Upturn SWOT Analysis
Strengths
- Strong brand recognition
- Innovative technology and data analytics
- Efficient claims processing
- Competitive pricing
- Direct-to-consumer distribution channel
Weaknesses
- Dependence on auto insurance market
- Customer service perceptions can vary
- Vulnerable to economic downturns
- Competition from larger, more diversified insurers
Opportunities
- Expansion into new geographic markets
- Development of new insurance products
- Partnerships with technology companies
- Increased adoption of usage-based insurance
Threats
- Increasing competition from insurtech companies
- Rising claims costs due to inflation and severe weather events
- Changes in regulatory environment
- Economic downturns impacting consumer spending
Competitors and Market Share
Key Competitors
- STATE FARM
- GEICO (BRK.A)
- ALLSTATE (ALL)
- USAA
Competitive Landscape
Progressive's competitive advantages include its innovative pricing, efficient claims processing, and direct-to-consumer model. However, it faces competition from larger, more diversified insurers with greater financial resources.
Major Acquisitions
American Strategic Insurance (ASI)
- Year: 2015
- Acquisition Price (USD millions): 875
- Strategic Rationale: To expand Progressive's homeowners insurance offerings and reach a broader customer base.
Growth Trajectory and Initiatives
Historical Growth: Progressive has demonstrated consistent revenue and earnings growth over the past decade, driven by its competitive pricing and efficient operations.
Future Projections: Analysts project continued growth for Progressive, driven by increasing demand for auto insurance and the company's expansion into new markets.
Recent Initiatives: Recent initiatives include investments in technology and data analytics, expansion of its product offerings, and strategic partnerships.
Summary
Progressive is a strong competitor in the auto insurance industry, driven by its innovative technology and competitive pricing. The company's direct-to-consumer model and efficient claims processing contribute to its profitability. Rising claims costs and increasing competition pose challenges, but Progressive's strategic initiatives and expansion efforts position it for future growth. Investors should watch the impact of regulation in each state and potential changes in the interest rate environment.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual risk tolerance and due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Progressive Corp
Exchange NYSE | Headquaters Mayfield, OH, United States | ||
IPO Launch date 1986-07-09 | President, CEO & Director Ms. Susan Patricia Griffith | ||
Sector Financial Services | Industry Insurance - Property & Casualty | Full time employees 66308 | Website https://www.progressive.com |
Full time employees 66308 | Website https://www.progressive.com | ||
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.