Progressive Share News

The Progressive Corporation (NYSE:PGR ) Q1 2024 Earnings Conference Call May 7, 2024 9:30 AM ET Company Participants Douglas Constantine - Director of Investor Relations Tricia Griffith - President & Chief Executive Officer Pat Callahan - Personal Lines President John Sauerland - Chief Financial Officer Conference Call Participants Bob Huang - Morgan Stanley Michael Zaremski - BMO Elyse Greensp...

Well-run insurance companies can grow during times of economic growth or inflation. Chubb and Progressive are two of the largest and have long histories of stellar returns.

After six months of calm, market volatility is increasing. Concerns about inflation, the upcoming election and seasonal weakness pose a headwind for stocks.

For this month, the cycle/relative strength concept is applied. First, the S&P 500 stocks are ranked from the best performer to the worst by calculating the expected return in that month.

The Financial Select Sector SPDR Fund (NYSE ARCA: XLF) ETF gives investors an opportunity to gain exposure to North America's leading names in financial services, including heavy-hitting S&P 500 stocks, in one fund.

As every American who owns a car and/or a house knows, insurance premiums have been going through the roof this year. Although it's true the costs of repairing these assets have surged, it appears that insurers' recent rate hikes are meaningfully increasing their profits.

MAYFIELD VILLAGE, OHIO, April 30, 2024 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations conference call on Tuesday, May 7, 2024, beginning at 9:30 a.m. eastern time. This quarterly call, which will consist of both a conference call and audio-only webcast, is scheduled to last 60 minutes and will consist of a question-and-answer...

Insurance stock Progressive is at an all-time high after first quarter results. Shares have outperformed the S&P 500 with a 34% gain year to date.