PGR

Progressive Corp.

Finance/Real Estate


Presented:01/22/2023
Price:$127.63
Cap:$74.67B
Current Price:$251.60
Cap:$147.35B

Presented

Date01/22/2023
Price$127.63
Market Cap$74.67B
Ent Value$75.11B
P/E Ratio90.33x
Book Value$24.41
Div Yield0.31%
Shares O/S585.07M
Ave Daily Vol2,242,528
Short Int0.39%

Current

Price$251.60
Market Cap$147.35B
Progressive Corp. is an insurance holding company. engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. It operates through the following segments: Personal Lines, Commercial Lines and Property. The Personal Lines segment includes agency and direct businesses. The Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned and operated predominately by small business in the auto, for-hire transportation, contractor, for-hire specialty, tow, and for-hire livery markets. The Property segment covers residential property insurance for homeowners, other property owners, and renters. The company was founded on March 10, 1937, and is headquartered in Mayfield Village, OH.

Publicly traded companies mentioned herein: The Allstate Corp (ALL), The Progressive Corp (PGR) 

Highlights

The presenter is long Progressive (PGR) and constructive on the shares on Allstate as well. He leans towards PGR as a higher quality company with more certain upside compared to ALL that carries more risk and upside.

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Idea Discussion

Commentor 1 - 2 weeks ago

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