Investors finally get a glimpse of Progressive Corp (PGR) volume hitting the figure of 3.54 million.

On Tuesday, Progressive Corp (NYSE: PGR) was 2.16% up from the session before settling in for the closing price of $272.63. A 52-week range for PGR has been $183.49 – $275.52.

Annual sales at Financial sector company grew by 14.34% over the past five years. When this article was written, the company’s average yearly earnings per share was at 7.10%. With a float of $584.17 million, this company’s outstanding shares have now reached $586.00 million.

Let’s look at the performance matrix of the company that is accounted for 61432 employees. 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 and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Progressive Corp stocks. The insider ownership of Progressive Corp is 0.28%, while institutional ownership is 87.12%. 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) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.44 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 7.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.53% during the next five years compared to 16.48% growth over the previous five years of trading.

Progressive Corp (NYSE: PGR) Trading Performance Indicators

You can see what Progressive Corp (PGR) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.17. Likewise, its price to free cash flow for the trailing twelve months is 11.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.77, a number that is poised to hit 4.24 in the next quarter and is forecasted to reach 15.49 in one year’s time.

Technical Analysis of Progressive Corp (PGR)

Progressive Corp (NYSE: PGR) saw its 5-day average volume 3.04 million, a positive change from its year-to-date volume of 2.57 million. As of the previous 9 days, the stock’s Stochastic %D was 87.65%. Additionally, its Average True Range was 5.64.

During the past 100 days, Progressive Corp’s (PGR) raw stochastic average was set at 97.26%, which indicates a significant increase from 95.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.99% in the past 14 days, which was lower than the 22.08% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $248.05, while its 200-day Moving Average is $237.58. Nevertheless, the first resistance level for the watch stands at $280.84 in the near term. At $283.15, the stock is likely to face the second major resistance level. The third major resistance level sits at $286.38. If the price goes on to break the first support level at $275.30, it is likely to go to the next support level at $272.07. The third support level lies at $269.76 if the price breaches the second support level.

Progressive Corp (NYSE: PGR) Key Stats

There are 585,812K outstanding shares of the company, which has a market capitalization of 163.16 billion. As of now, sales total 75,372 M while income totals 8,480 M. Its latest quarter income was 20,276 M while its last quarter net income were 2,357 M.