Should You Retain Progressive (PGR) Stock in Your Portfolio?

The Progressive Corporation (PGR) has been gaining momentum over the past many quarters on the back of a compelling portfolio, leadership position, strength in Vehicle and Property businesses, healthy policies in force, retention and a solid capital position.Growth ProjectionsThe Zacks Consensus Estimate for Progressive’s 2024 earnings per share indicates a year-over-year increase of 85.6%. The consensus estimate for revenues is pegged at $73.09 billion, implying a year-over-year improvement of 18.3%.The co ...