Progressive: One Of The Most Resilient Uptrends, Still Fairly Priced
Progressive is one of the largest and most recognized players in the U.S. insurance market with an efficient business model that relies on online sales. The Company's growth potential, combined with outstanding ROCE and ROTC performance, makes it a highly attractive investment opportunity. The stock's long-term upward movement confirms its financial strength, with 205% gains in the past five years.
Is It Worth Investing in Progressive (PGR) Based on Wall Street's Bullish Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Is Progressive Stock Still Worth Buying Post Q4 Earnings?
PGR seems well-poised on improving premiums, steady policy life expectancy, investment in technology and a solid capital position.
Progressive Surpasses Q4 Expectations
Progressive (PGR 1.06%), known for its significant presence in the auto insurance industry, released its fourth-quarter results on Jan. 29. The company reported diluted earnings per share (EPS) of $4.01, which exceeded analysts' consensus expectations of $3.57.
Progressive's Q4 Earnings, Revenues Beat on Higher Premiums
Progressive's fourth-quarter 2024 results reflect a year-over-year improvement in premiums.
Progressive (PGR) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Progressive (PGR) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Progressive (PGR) Q4 Earnings and Revenues Surpass Estimates
Progressive (PGR) came out with quarterly earnings of $4.08 per share, beating the Zacks Consensus Estimate of $3.43 per share. This compares to earnings of $2.96 per share a year ago.
Why Progressive (PGR) is a Top Momentum Stock for the Long-Term
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What Should You Do With Progressive Stock Ahead of Q4 Earnings?
PGR's fourth-quarter results are likely to benefit from improved rates, solid policies in force and higher retention in its Vehicle & Property businesses.
U.S. Bank Earnings Poised To Rebound Even As Credit Slips
Significant improvements in private-passenger auto insurance underwriting results in 2024 have triggered changes in the competitive environment that have begun to manifest themselves in the third-largest US state. Progressive and GEICO, which have delivered stellar private auto results in recent quarters, increased spending on advertising campaigns in 2024 as they pivoted from retrenchment to growth. Florida is a critically important state for both Progressive and GEICO as it accounted for 14.4% and 16.5% of their total private auto direct premiums written in 2023.
Here's Why Progressive (PGR) is a Strong Growth Stock
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Progressive (PGR) Stock Drops Despite Market Gains: Important Facts to Note
In the closing of the recent trading day, Progressive (PGR) stood at $243.68, denoting a -0.76% change from the preceding trading day.
