Company Performance - Progressive's stock increased by 1.5% to $261.66, outperforming the S&P 500 which gained 0.83% [1] - Over the last month, Progressive's shares decreased by 8.64%, lagging behind the Finance sector's gain of 3.44% and the S&P 500's gain of 4.99% [1] Upcoming Earnings - Progressive is set to announce its earnings on July 16, 2025, with analysts expecting earnings of $4.27 per share, reflecting a year-over-year growth of 61.13% [2] - Revenue is anticipated to be $21.52 billion, indicating a 17.86% increase compared to the same quarter last year [2] Full Year Estimates - For the full year, analysts expect earnings of $16.59 per share and revenue of $87.54 billion, representing changes of +18.08% and +16.55% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Progressive are significant as they reflect the evolving business landscape, with positive revisions indicating a favorable business outlook [4] Zacks Rank and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Progressive at 3 (Hold) [6] - Progressive's Forward P/E ratio is 15.54, which is a premium compared to its industry's Forward P/E of 11.76 [6] PEG Ratio - Progressive has a PEG ratio of 1.58, which is lower than the average PEG ratio of 2.63 for the Insurance - Property and Casualty industry [7] - The Insurance - Property and Casualty industry is part of the Finance sector and holds a Zacks Industry Rank of 51, placing it in the top 21% of over 250 industries [7][8]
Progressive (PGR) Laps the Stock Market: Here's Why