The Progressive Corporation (PGR) reported earnings per share of 72 cents for April 2024, up 118.2% year over year. The improvement stemmed from higher revenues and lower expenses.April Numbers in DetailProgressive recorded net premiums written of $6.2 billion, up 1.7% from $6.1 billion in the year-ago month. Net premiums earned were about $5.6 billion, up 21% from $5.5 billion reported in the year-ago month.Net realized loss on securities was $266.1 million against the year-ago income of $18.4 million.Comb ...

Shares of The Progressive Corporation (PGR) have rallied 34.2% year to date, compared with the industry’s increase of 15.2%, the Finance sector’s rise of 4.8% and the Zacks S&P 500 composite’s gain of 10.3%. With a market capitalization of $125.2 billion, the average volume of shares traded in the last three months was 2.7 million.A compelling portfolio, leadership position, strength in Vehicle and Property businesses, healthy policies in force, retention and a solid capital position continue to drive this ...

MAYFIELD VILLAGE, OHIO, May 15, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended April 30, 2024:  April(millions, except per share amounts and ratios; unaudited)2024Net premiums written$6,178.0 Net premiums earned$5,575.0 Net income$420.3 Per share available to common shareholders$0.72 Total pretax net realized gains (losses) on securities$(266.1)Combined ratio – current year89.0                    – prior year month97.9 Average diluted ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Scor ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Progressive (PGR) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Progressive currently has an average brokerage recommendation ...

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 Greenspan - Wells Fargo Gregory Peters - Raymond James Josh Shanker - Bank of America Michael Phillips - Oppenheimer David ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-09518 THE PROGRESSIVE CORPORATION (Exact name of registrant as specified in its charter) Ohio 34-0963169 (State or other jurisd ...

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 session with Tricia Griffith, our CEO, and John Sauerland, our CFO. Call-in participants will be able to ask questi ...

The insurance provider is deepening its commitment to flexible workplace offerings to support company growth MAYFIELD VILLAGE, Ohio, April 29, 2024 /PRNewswire/ -- To help support several years of continued year-over-year growth, today, Progressive Insurance announced plans to hire thousands of job seekers for numerous roles across the country in 2024. Available positions will be a mix of in-office, remote and hybrid workplace roles across claims, customer care, IT and analyst, legal, and corporate function ...