A new trading day began on Friday, with Progressive Corp (NYSE: PGR) stock price down -0.30% from the previous day of trading, before settling in for the closing price of $251.35. PGR’s price has ranged from $177.34 to $265.62 over the past 52 weeks.
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Financial Sector giant saw their annual sales surged by 14.34% over the last five years. Meanwhile, its annual earnings per share averaged 3.25%. With a float of $582.46 million, this company’s outstanding shares have now reached $586.00 million.
The firm has a total of 61432 workers. Let’s measure their productivity. In terms of profitability, gross margin is 99.99%, operating margin of 9.79%, and the pretax margin is 14.31%.
Progressive Corp (PGR) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Progressive Corp is 0.28%, while institutional ownership is 86.92%. The most recent insider transaction that took place on Jan 30 ’25, was worth 952,416. In this transaction CRM President of this company sold 3,855 shares at a rate of $247.06, taking the stock ownership to the 39,040 shares. Before that another transaction happened on Jan 29 ’25, when Company’s Director sold 10,000 for $250.00, making the entire transaction worth $2,500,000. This insider now owns 27,741 shares in total.
Progressive Corp (PGR) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.22% during the next five years compared to 16.48% growth over the previous five years of trading.
Progressive Corp (NYSE: PGR) Trading Performance Indicators
Here are Progressive Corp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.95. Likewise, its price to free cash flow for the trailing twelve months is 10.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.77, a number that is poised to hit 3.79 in the next quarter and is forecasted to reach 15.35 in one year’s time.
Technical Analysis of Progressive Corp (PGR)
Analysing the last 5-days average volume posted by the [Progressive Corp, PGR], we can find that recorded value of 1.73 million was lower than the volume posted last year of 2.49 million. As of the previous 9 days, the stock’s Stochastic %D was 84.98%. Additionally, its Average True Range was 5.13.
During the past 100 days, Progressive Corp’s (PGR) raw stochastic average was set at 52.42%, which indicates a significant decrease from 84.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.03% in the past 14 days, which was lower than the 20.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $247.26, while its 200-day Moving Average is $234.64. Now, the first resistance to watch is $252.75. This is followed by the second major resistance level at $254.91. The third major resistance level sits at $256.47. If the price goes on to break the first support level at $249.04, it is likely to go to the next support level at $247.47. Should the price break the second support level, the third support level stands at $245.32.
Progressive Corp (NYSE: PGR) Key Stats
With a market capitalization of 146.80 billion, the company has a total of 585,812K Shares Outstanding. Currently, annual sales are 75,372 M while annual income is 8,480 M. The company’s previous quarter sales were 20,276 M while its latest quarter income was 2,357 M.
