Progressive Corporation

PGR

US7433151039

Property & Casualty Insurance

Market Closed - Nyse Other stock markets 04:00:01 2024-04-29 pm EDT			5-day change	1st Jan Change
206.7 ^USD	-0.65%		-2.97%	+29.75%

Apr. 17	UBS Adjusts Progressive Price Target to $218 From $216, Maintains Neutral Rating	MT
Apr. 17	BofA Securities Adjusts Price Target on Progressive to $273 From $279, Maintains Buy Rating	MT

The Progressive Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

April 12, 2024 at 09:01 am EDT

The Progressive Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 17,242.5 million compared to USD 14,303.2 million a year ago. Net income was USD 2,331.4 million compared to USD 447.9 million a year ago.

Latest news about Progressive Corporation

UBS Adjusts Progressive Price Target to $218 From $216, Maintains Neutral Rating	Apr. 17	MT
BofA Securities Adjusts Price Target on Progressive to $273 From $279, Maintains Buy Rating	Apr. 17	MT
Jefferies Adjusts Progressive's Price Target to $245 From $241, Keeps Buy Rating	Apr. 12	MT
Global markets live: BP, Apple, Vodafone, Ford, Lockheed Martin...	Apr. 12
Morgan Stanley Adjusts Progressive's Price Target to $256 From $247, Maintains Overweight Rating	Apr. 12	MT
Citigroup Raises Progressive's Price Target to $225 From $202, Maintains Neutral Rating	Apr. 12	MT
Piper Sandler Raises Progressive's Price Target to $248 From $240, Overweight Rating Kept	Apr. 12	MT
JPMorgan Raises Progressive's Price Target to $210 From $202, Overweight Rating Kept	Apr. 12	MT
Evercore ISI Adjusts Progressive's Price Target to $240 From $232	Apr. 12	MT
Progressive's profit beats expectations on strong demand for insurance policies	Apr. 12	RE
The Progressive Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 12	CI
Progressive Q1 Net Income Rises	Apr. 12	MT
North American Morning Briefing : Big Banks Kick -2-	Apr. 12	DJ
National Center for Public Files an Exempt Solicitation Statement and Request Vote for the Proposal	Apr. 11	CI
Morgan Stanley Raises Progressive's Price Target to $247 From $228, Maintains Overweight Rating	Apr. 11	MT
BofA Securities Adjusts Progressive Price Target to $264 From $265, Maintains Buy Rating	Apr. 02	MT
Allstate Likely to See Earnings Rebound in 2024, BofA Securities Says	Mar. 28	MT
BofA Securities Raises Price Target on Progressive to $265 From $259, Keeps Buy Rating	Mar. 28	MT
The Progressive Corporation Receives Shareholder Proposal from the National Center for Public Policy Research	Mar. 25	CI
Citigroup Raises Progressive Price Target to $202 From $192, Maintains Neutral Rating	Mar. 18	MT
Roth MKM Raises Progressive's Price Target to $235 From $215, Maintains Buy Rating	Mar. 18	MT
Keefe, Bruyette & Woods Raises Price Target on Progressive to $190 From $185, Maintains Market Perform Rating	Mar. 18	MT
Progressive Reports February Net Income, Net Premiums	Mar. 15	MT
North American Morning Briefing : Inflation -2-	Mar. 15	DJ
Progressive Shares Rise After Upgrade From Morgan Stanley	Mar. 06	MT

Chart Progressive Corporation

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Company Profile

Progressive Corporation is an insurance group organized around 3 areas of activities: - automobile insurance for individuals (77.9% of net written premiums). Net written premiums break down by distribution network between Internet and phone (52.3%) and agencies (47.7%); - cars and trucks insurance of companies (17.3%); - property insurance (4.8%). All net written premiums are earned in the United States.

Sector

Property & Casualty Insurance

Calendar

2024-05-07 - Investor Meeting - Q1 2024

Related indices

S&P 500

More about the company

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Ratings for Progressive Corporation

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

208 USD

Average target price

220.6 USD

Spread / Average Target

+6.04%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Insurance - Automobile

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Insurance - Automobile

Progressive Corporation

Equities

PGR

US7433151039

Property & Casualty Insurance

The Progressive Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

EPS Revisions