Earnings season is always exciting for investors, with companies finally pulling the curtain back and unveiling what's happened behind the scenes. Guidance is notably more critical this reporting cycle, given the recent tariff-induced spooks that we've become accustomed to.
Progressive (PGR) could produce exceptional returns because of its solid growth attributes.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Progressive is rated a buy due to its record-breaking financial performance, robust growth in net premiums, and significant market share gains in 2024. Despite a recent share price drop, PGR has seen a 239% gain over 5 years and continues to outperform its peers. PGR's revenue nearly doubled in 5 years, with net income up 11.5x in two years, driven by strategic advertising and policy growth.
Progressive's first-quarter results are likely to benefit from improved rates, solid policies in force and higher retention in its Vehicle & Property businesses.
Let's find out which auto insurer is a safe investment option, PGR or ALL.
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BofA Securities analyst Joshua Shanker downgraded Progressive Corp PGR from Buy to Neutral, lowering the price forecast from $300 to $287.
Progressive (PGR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The latest trading day saw Progressive (PGR) settling at $281.23, representing a -1.08% change from its previous close.
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.
Progressive (PGR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.