PGR and insurance stocks ready to bounce?Looks like the tickers in the insurance space is ready to make a bounce, after been selling of for days. Lets see.
Next report date
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13.81 USD
3.90 B USD
62.08 B USD
584.16 M
About Progressive Corporation (The)
Sector
Industry
CEO
Susan Patricia Griffith
Website
Headquarters
Mayfield Village
Founded
1937
FIGI
BBG000BR37X2
Progressive Corp. is an insurance holding company, which 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.
PGR (Long) (Weekly Income)Asset Class: Stocks
Income Type: Weekly
Symbol: PGR
Trade Type: Long
Trends:
Short Term: Down
Long Term: Up
Set-Up Parameters:
Entry: 246.66 (Confirmation Entry)
Stop: 234.70
TP 282.53 (3:1)
Trade idea:
A price pin into a daily demand zone , Buying the breakout on the 1H TF as the price pullb
$PGR with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:PGR after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
SHORT ITI play all my picks off of structure and volume profiles.
Structure is lacking and momentum is falling. Best case scenario is sideways
potential upthis stock has at least 2 consecutive quarters > 10% surprise and > 100% YoY, potential up
Seems like its hit or miss the grey shade is crucialSideway shows for a while, but look at all those pivot points on either side. The question is mainly about the doji at the top as a reversal that is not quite ready to expand as market conditions are volatile. It is a good buy, but if it follows history, then we can see this go lower.
Can go back to 215The MA100 is close by, but it looks like it wants to test the high again. Business-wise, doing very well!
PGR The Progressive Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PGR The Progressive Corporation prior to the earnings report this week,
I would consider purchasing the 220usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $10.60.
If these options prove to be profitable
Dont miss PGR!Hey guys,
Classical trend continuation set up here.
Larger degree impulse and correction with lower degree impulse correction breaking out of larger trend line!
See all ideas
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Frequently Asked Questions
The current price of PGR is 239.97 USD — it has increased by 1.42% in the past 24 hours. Watch Progressive Corporation (The) stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Progressive Corporation (The) stocks are traded under the ticker PGR.
PGR stock has fallen by −2.36% compared to the previous week, the month change is a −4.60% fall, over the last year Progressive Corporation (The) has showed a 54.89% increase.
We've gathered analysts' opinions on Progressive Corporation (The) future price: according to them, PGR price has a max estimate of 339.00 USD and a min estimate of 237.00 USD. Watch PGR chart and read a more detailed Progressive Corporation (The) stock forecast: see what analysts think of Progressive Corporation (The) and suggest that you do with its stocks.
PGR stock is 2.73% volatile and has beta coefficient of 0.37. Track Progressive Corporation (The) stock price on the chart and check out the list of the most volatile stocks — is Progressive Corporation (The) there?
Today Progressive Corporation (The) has the market capitalization of 140.58 B, it has increased by 1.56% over the last week.
Yes, you can track Progressive Corporation (The) financials in yearly and quarterly reports right on TradingView.
Progressive Corporation (The) is going to release the next earnings report on Jan 22, 2025. Keep track of upcoming events with our Earnings Calendar.
PGR earnings for the last quarter are 4.46 USD per share, whereas the estimation was 3.69 USD resulting in a 21.00% surprise. The estimated earnings for the next quarter are 3.46 USD per share. See more details about Progressive Corporation (The) earnings.
Progressive Corporation (The) revenue for the last quarter amounts to 19.46 B USD, despite the estimated figure of 19.02 B USD. In the next quarter, revenue is expected to reach 18.01 B USD.
PGR net income for the last quarter is 2.33 B USD, while the quarter before that showed 1.46 B USD of net income which accounts for 59.96% change. Track more Progressive Corporation (The) financial stats to get the full picture.
Yes, PGR dividends are paid quarterly. The last dividend per share was 0.10 USD. As of today, Dividend Yield (TTM)% is 0.48%. Tracking Progressive Corporation (The) dividends might help you take more informed decisions.
Progressive Corporation (The) dividend yield was 0.72% in 2023, and payout ratio reached 17.48%. The year before the numbers were 0.31% and 33.81% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 21, 2024, the company has 61.43 K employees. See our rating of the largest employees — is Progressive Corporation (The) on this list?
Like other stocks, PGR shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Progressive Corporation (The) stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Progressive Corporation (The) technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Progressive Corporation (The) stock shows the buy signal. See more of Progressive Corporation (The) technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.