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Progressive Value Stock - Dividend - Research Selection

Progressive

ISIN: US7433151039 , WKN: 865496

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Description Data
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Market Capitalization USD
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Internet


Description of the company

The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segment\'s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, and snowmobiles. The company\'s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; home, condominium, renters, and other insurance; and general liability and business owner\'s policies, and workers\' compensation insurance. In addition, it offers reinsurance services. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on Internet, and mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.

The Finanzoo GmbH assumes no liability for the accuracy of the information! All information is provided without warranty. Sources:: www.bundesanzeiger.de, www.sec.gov,


NEWS


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In the past quarter, The Progressive Corporation reported first-quarter 2026 revenue of US$22.19 billion and net income of US$2.82 billion, with both basic and diluted earnings per share from continuing operations rising compared with a year earlier. These results show Progressive expanding net premiums and its policy count while still generating underwriting profit, even as expenses and claims costs increased and some investors flagged long-term risks such as auto price inflation,...

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These Analysts Increase Their Forecasts On Progressive Following Q1 Earnings

2026-04-16
PGR (NYSE) reports strong Q1 earnings of $4.96 per share, up 6.4% from last year. Sales rose 8% to $20.97B. Analysts raise price targets on stock.

B of A Securities Maintains Buy on Progressive, Raises Price Target to $312

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B of A Securities analyst Joshua Shanker maintains Progressive (NYSE:PGR) with a Buy and raises the price target from $298 to $312.