Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Progressive Corp (NYSE: PGR) was $271.31 for the day, down -2.87% from the previous closing price of $279.32. In other words, the price has decreased by -$2.87 from its previous closing price. On the day, 5.69 million shares were traded. PGR stock price reached its highest trading level at $278.71 during the session, while it also had its lowest trading level at $266.01.
Ratios:
Our analysis of PGR’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.
On April 17, 2025, Keefe Bruyette Downgraded its rating to Mkt Perform which previously was Outperform but kept the price unchanged to $288.
BofA Securities Downgraded its Buy to Neutral on April 04, 2025, while the target price for the stock was maintained at $287.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 28 ’25 when Sauerland John P sold 10,000 shares for $275.37 per share. The transaction valued at 2,753,700 led to the insider holds 238,024 shares of the business.
Broz Steven sold 1,267 shares of PGR for $351,985 on May 23 ’25. The Chief Information Officer now owns 28,888 shares after completing the transaction at $277.81 per share. On May 28 ’25, another insider, Sauerland John P, who serves as the Officer of the company, bought 10,000 shares for $275.37 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PGR now has a Market Capitalization of 163743989760 and an Enterprise Value of 163152330752. As of this moment, Progressive’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.27, and their Forward P/E ratio for the next fiscal year is 17.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 5.49. Its current Enterprise Value per Revenue stands at 2.078 whereas that against EBITDA is 14.099.
Stock Price History:
The Beta on a monthly basis for PGR is 0.40, which has changed by 0.30130947 over the last 52 weeks, in comparison to a change of 0.11730647 over the same period for the S&P500. Over the past 52 weeks, PGR has reached a high of $292.99, while it has fallen to a 52-week low of $197.62. The 50-Day Moving Average of the stock is -2.07%, while the 200-Day Moving Average is calculated to be 5.00%.
Shares Statistics:
PGR traded an average of 3.24M shares per day over the past three months and 3228170 shares per day over the past ten days. A total of 586.00M shares are outstanding, with a floating share count of 584.62M. Insiders hold about 0.27% of the company’s shares, while institutions hold 87.77% stake in the company. Shares short for PGR as of 1747267200 were 6841753 with a Short Ratio of 2.11, compared to 1744675200 on 6590358. Therefore, it implies a Short% of Shares Outstanding of 6841753 and a Short% of Float of 1.17.
Dividends & Splits
With its trailing 12-month dividend rate of 4.9, PGR has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.01755203The stock’s 5-year Average Dividend Yield is 1.6. The current Payout Ratio is 34.03% for PGR, which recently paid a dividend on 2025-04-03 with an ex-dividend date of 1751500800. Stock splits for the company last occurred on 2006-05-19 when the company split stock in a 4:1 ratio.
