PR

Progressive

PGR
NYSEFinancials
$203.11
USD
+0.85(+0.42%)
At close: Jun 12, 20:00 UTC

Open

$202.83

Prev. Close

$202.91

High

$203.15

Low

$202.51

Market Snapshot

Market Cap

$119B

P/E Ratio

10.3

EPS

14.44

Revenue

$75.37B

Why PGR moved

Progressive expects to report higher revenue alongside lower earnings per share in its upcoming earnings report, signaling a potential shift in financial performance.

About

Progressive Corp. is an insurance holding company, which engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. The company is headquartered in Village Of Mayfield, Ohio and currently employs 70,000 full-time employees. The firm's segments include Personal Lines, Commercial Lines and Other indemnity. The Personal Lines segment writes insurance for personal autos and special lines products. Its special lines of products include recreational vehicles, such as motorcycles, RVs, and watercraft. The firm's Personal Lines products are sold through both the agency and direct channels. The Commercial Lines segment writes auto-related liability and physical damage insurance, business-related general liability and commercial property insurance predominately for small businesses, and workers’ compensation insurance primarily for the transportation industry. Its reinsurance activity includes both transactions which are regulated and those that are non-regulated. The company offers Snapshot through hardware-based and/or mobile-app versions in all states, other than California.

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