Should Progressive Be in Your Portfolio Post Q3 Earnings?
PGR seems well-poised on improving premiums, steady policy life expectancy, investment in technology and a solid capital position.
2 Finance Stocks to Buy After Q3 Earnings: PGR & PNC
Insurance giant Progressive Corporation (PGR) and banking leader PNC Financial Services Group (PNC) are two top-rated finance stocks to consider after exceeding their Q3 expectations on Tuesday.
Progressive Leads the Way as Analysts Bet Big on Insurance Stocks
Most investors dismiss insurance stocks as the boring niche in the finance sector without realizing that this industry could significantly outperform all others during an economy ridden by threats of prolonged higher inflation. Today's environment is ripe for insurance businesses to rally further into the year, if not continue their bullish momentum into 2025.
Progressive Is A Buy On Its Justified Valuation
Progressive is a robust insurance company that has been on an absolute tear in the last few years, which led to a large valuation bubble. The bubble didn't pop. Instead, PGR has changed their trends around and have now justified their price by raising earnings and free cash flow. Progressive is now pivoting out of short-term investments, into long-term investments, which may be an impeccably timed move alongside the Fed decision to lower rates.
Progressive's Q3 Earnings & Revenues Top, Premiums Rise Y//Y
Progressive's third-quarter 2024 results reflect a year-over-year improvement in premiums.
Progressive (PGR) Tops Q3 Earnings and Revenue Estimates
Progressive (PGR) came out with quarterly earnings of $3.58 per share, beating the Zacks Consensus Estimate of $3.40 per share. This compares to earnings of $2.09 per share a year ago.
Here's Why Progressive (PGR) is a Strong Growth Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
2 Finance Stocks to Buy as Q3 Earnings Approach: BK & PGR
Let's see why now is a good time to invest in The Bank of New York Melon (BK) and The Progressive Corporation (PGR) ahead of their third quarter results on Friday, October, 11.
Should Progressive Stock Be in Your Portfolio Ahead of Q3 Earnings?
PGR's third-quarter earnings are likely to have benefited from improved rates, solid policies in force and higher retention in its Vehicle and Property businesses.
With Hurricane Milton looming, insurers brace for further losses in Florida
As Hurricane Milton gathers strength in the Gulf of Mexico, the prospect of significant damage to Florida's Gulf Coast is weighing heavily on insurance companies. The hurricane, now a Category 4 storm, is expected to strike the Tampa Bay area later this week, causing fears of tens of billions of dollars in insured losses and sending insurance stocks plummeting.
Finding the Best Top-Ranked Stocks to Buy in October and Q4
Today we explore how investors can use a Zacks screen to help find some of the best Zacks Rank #1 (Strong Buy) stocks to buy in October and throughout the fourth quarter of 2024.
Progressive (PGR) Exceeds Market Returns: Some Facts to Consider
The latest trading day saw Progressive (PGR) settling at $255.36, representing a +1.22% change from its previous close.
