Progressive Stock News

History proves time and time again that long-term investing is one of the best ways to build wealth in the stock market. The key to achieving this is buying and holding shares of quality companies that can perform across economic and market cycles and allowing your investments to grow over time.

MAYFIELD VILLAGE, OHIO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended November 30, 2024:

Progressive Corp. has shown remarkable growth, with revenues increasing from $48 billion in 2021 to $58 billion in 2023 and expected to reach $75 billion in 2024. The company's technological capabilities and market share gains in auto and home insurance have driven its impressive performance, outperforming industry growth rates. Despite industry challenges, Progressive maintained profitability ...

MAYFIELD VILLAGE, OHIO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- On December 6, 2024, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared an annual common share dividend, in the amount of $4.50 per share, and a quarterly common share dividend, in the amount of $0.10 per share.

Progressive stock gets prior hold rating reaffirmed, as it trades at a 10-year high and surpasses peer averages in valuation. The stock offers a paltry dividend yield vs. peers, with limited growth history. We can expect growth drivers from recent insurance policy growth, macro demand expected for auto insurance, and a strong profit margin.

MAYFIELD VILLAGE, OHIO, Nov. 15, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended October 31, 2024:

It doesn't hurt to have a big name in finance waxing bullish on your prospects.

The Progressive Corporation (NYSE:PGR ) Q3 2024 Earnings Conference Call November 5, 2024 9:30 AM ET Company Participants Doug Constantine - Director, Investor Relations Tricia Griffith - President and CEO Jay VanAntwerp - Media Business Leader John Sauerland - Chief Financial Officer Patrick Callahan - President, Personal Lines Jon Bauer - Chief Investment Officer Conference Call Participants ...