Progressive Corp. (New York Stock Exchange:PGR)

About the company

Progressive Corp. is an insurance holding company, which engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. It operates through the following segments: Personal Lines, Commercial Lines and Property. The Personal Lines segment includes agency and direct businesses. The Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned and operated predominately by small business in the auto, for-hire transportation, contractor, for-hire specialty, tow, and for-hire livery markets. The Property segment covers residential property insurance for homeowners, other property owners, and renters. The company was founded in 1965 and is headquartered in Mayfield Village, OH.

Sector

Finance

Industry

Property and Casualty Insurance

Employees

41571

CEO

Susan Patricia Griffith

Exchange

New York Stock Exchange

Website

http://www.progressive.com

$39B

Total Revenue

42K

Employees

$47B

Market Capitalization

13.17

Price/Earning ratio

Stock price

Gross Margin (in %)

Total gross margin

$B

Operating Margin (in %)

Total operating margin

$B

Net Margin (in %)

Total net margin

$4B

Dividend Yield (in %)

Dividend per share

$0.40

Industry peers

Name Ticker Market capitalization (in USD Million) Revenues (in USD Million) Price/Book Price/Earning Net margin (in %)
National General Holdings Corp. NGHCP None 5275.00 None None 6.13
Chubb Ltd. CB 57563.72 34007.00 1.09 15.73 10.78
Progressive Corp. PGR 46842.60 39022.00 3.37 13.17 9.12
The Allstate Corp. ALL 31524.90 43761.00 1.35 8.04 8.98
W.R. Berkley Corp. WRB 11056.97 7821.00 1.86 22.47 6.35
Erie Indemnity Co. ERIE 11015.36 2523.00 8.89 33.03 11.92
Cincinnati Financial Corp. CINF 10576.50 5666.00 1.28 200.31 1.34
Loews Corp. L 10218.42 14273.00 0.57 -85.73 -0.66
Everest Re Group Ltd. RE 8155.60 8269.00 0.95 12.40 8.03
RenaissanceRe Holdings Ltd. RNR 7705.28 4268.00 1.72 -500.34 8.22
Alleghany Corp. Y 6796.16 8202.00 0.88 133.73 0.69
American Financial Group, Inc. AFG 5530.98 7488.00 1.08 21.10 3.57
Old Republic International Corp. ORI 4861.15 6047.00 0.95 124.23 0.65
The Hanover Insurance Group, Inc. THG 3968.80 4727.00 1.38 15.38 5.56
RLI Corp. RLI 3617.55 861.00 3.94 57.01 7.54
Selective Insurance Group, Inc. SIGI 3095.40 2812.00 1.47 13.72 8.02
National General Holdings Corp. NGHC 2434.84 5275.00 1.06 7.47 6.13
Mercury General Corp. MCY 2241.25 3663.00 1.39 50.31 1.23
Palomar Holdings, Inc. PLMR 2111.28 129.00 8.18 54.64 28.53
James River Group Holdings Ltd. JRVR 1376.71 803.00 1.88 -62.55 -2.64
Safety Insurance Group, Inc. SAFT 1128.30 836.00 1.51 17.17 8.05
NMI Holdings, Inc. NMIH 1092.00 408.00 1.36 5.71 48.35
State Auto Financial Corp. STFC 785.40 1254.00 0.90 -10.03 -6.10
Third Point Reinsurance Ltd. TPRE 691.92 643.00 0.57 -5.90 -18.10
United Fire Group, Inc. UFCS 669.75 1080.00 0.80 -6.57 -9.46
Universal Insurance Holdings, Inc. UVE 569.50 938.00 1.10 20.18 2.82
HCI Group, Inc. HCI 451.30 238.00 1.98 17.63 8.13
ProSight Global, Inc. PROS 381.84 885.00 0.79 11.84 3.67
Heritage Insurance Holdings, Inc. HRTG 369.17 526.00 0.80 12.60 5.57
Global Indemnity Ltd. GBLI 324.10 551.00 0.49 60.92 1.06
United Insurance Holdings Corp. UIHC 317.34 799.00 0.65 -6.05 -6.52
Protective Insurance Corp. PTVCA 236.60 462.00 0.78 -13.63 -3.80
Greenlight Capital Re Ltd. GLRE 234.72 480.00 0.55 -4.72 -10.46
FedNat Holding Co. FNHC 143.91 429.00 0.63 20.89 1.63
Maiden Holdings Ltd. MHLD 102.92 436.00 5.17 -1.38 -17.05
Hallmark Financial Services, Inc. HALL 59.04 442.00 0.20 2.13 6.39
Kingsway Financial Services, Inc. KFS 49.28 57.00 6.40 -3.07 -28.16
Positive Physicians Holdings, Inc. PPHI 45.72 24.00 0.59 -28.58 -5.94
National Security Group, Inc. NSEC 40.05 65.00 0.68 44.50 1.18
ICC Holdings, Inc. ICCH 33.00 55.00 0.58 16.42 3.68
Unico American Corp. UNAM 27.80 32.00 0.55 -8.42 -10.82
1347 Property Insurance Holdings, Inc. PIH 26.70 -4.00 0.73 -2.83 -19.46
Conifer Holdings, Inc. CNFR 23.35 93.00 0.68 -2.01 -12.72
Oxbridge Re Holdings Ltd. OXBR 8.40 1.00 1.04 -17.50 -62.07
Atlas Financial Holdings, Inc. AFH 7.47 188.00 1.73 -0.07 -54.81

Latest insider transactions

Date Role Name Transaction Quantity Quantity Owned After

Progressive Stock Could Be Set for a 20% Surge

2d ago, source: Investopedia

Based on the fact that these triangles are usually continuation patterns, we are expecting the $101 price target to play out, ...

“The Squad” Is Raising Money To Fight For Progressive Candidates

13h ago, source: BuzzFeed News

Cortez, Ilhan Omar, Ayanna Pressley, and Rashida Tlaib to help raise money for their campaigns and other progressives.

Were Hedge Funds Right About Souring On The Charles Schwab Corporation (SCHW)?

2d ago, source: YAHOO!

We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC ...

Progressive groups urge Biden to tap Warren as running mate

1d ago, source: The Hill

A pair of national progressive groups are urging former Vice President Joe Biden to tap Sen. Elizabeth Warren (D-Mass.) as ...

Progressive groups urge Warren for vice president

2d ago, source: Politico

Two national progressive groups will publish an open letter to Joe Biden today urging him to select Sen. Elizabeth Warren as ...

Workers at No Evil Foods Say the Vegan, Progressive Company Busted Their Union Drive

13d ago, source: Jacobin

No Evil Foods markets itself as a left-wing, “revolutionary” food company. But its workers say the company recently busted ...

SoftBank-backed Lemonade wants IPO investors to think of it as a technology company. Here's why it really isn't.

4d ago, source: Business Insider

In its IPO document, Lemonade mentioned the word "technology" more times than Casper or WeWork. But like those companies, ...



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