Progressive PGR
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Progressive (PGR) Business Model and Operations Summary
Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 24 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.
Key Insights
Progressive (PGR) Core Market Data and Business Metrics
Latest Closing Price
$284.29Market Cap
$167.39 BillionPrice-Earnings Ratio
20.66Total Outstanding Shares
586.21 Million SharesTotal Employees
66,300Dividend
$0.10 Per Share QuarterlyIPO Date
June 1, 1987SIC Description
Fire, Marine & Casualty InsurancePrimary Exchange
New York Stock ExchangeHeadquarters
300 North Commons Blvd., Mayfield Village, OH, 44143
Historical Stock Splits
If you bought 1 share of PGR before May 19, 2006, you'd have 4 shares today.
| Execution Date | Split Amount |
|---|---|
| May 19, 2006 | 4-for-1 |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $8.60 Million |
| Net Cash Flow From Financing Activities | $-1.39 Billion |
| Net Cash Flow From Financing Activities, Continuing | $-1.39 Billion |
| Net Cash Flow From Investing Activities | $-13.15 Billion |
| Net Cash Flow From Investing Activities, Continuing | $-13.15 Billion |
| Net Cash Flow From Operating Activities | $14.55 Billion |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Operating Income/Loss | $10.25 Billion |
| Interest And Dividend Income, Operating | $2.55 Billion |
| Preferred Stock Dividends And Other Adjustments | $27.40 Million |
| Net Income/Loss Attributable To Parent | $8.11 Billion |
| Income/Loss From Continuing Operations Before Tax | $10.25 Billion |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $11.00 Billion |
| Other Comprehensive Income/Loss Attributable To Parent | $2.89 Billion |
| Other Comprehensive Income/Loss | $2.89 Billion |
| Comprehensive Income/Loss Attributable To Parent | $11.00 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Equity Attributable To Noncontrolling Interest | $0 |
| Equity | $27.16 Billion |
| Fixed Assets | $688.80 Million |
| Assets | $105.20 Billion |
| Equity Attributable To Parent | $27.16 Billion |
| Current Assets | $105.20 Billion |
Historical Dividends
Current dividend: $0.10 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Mar 10, 2025 | Apr 11, 2025 | Apr 3, 2025 | $0.1 | Quarterly |
| Dec 6, 2024 | Jan 16, 2025 | Jan 10, 2025 | $4.5 | Annually |
| Dec 9, 2024 | Jan 16, 2025 | Jan 10, 2025 | $0.1 | Quarterly |
| Aug 5, 2024 | Oct 11, 2024 | Oct 3, 2024 | $0.1 | Quarterly |
| May 10, 2024 | Jul 12, 2024 | Jul 3, 2024 | $0.1 | Quarterly |
| Mar 1, 2024 | Apr 12, 2024 | Apr 4, 2024 | $0.1 | Quarterly |