Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Progressive Corporation    PGR

PROGRESSIVE CORPORATION

(PGR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Progressive Reports July 2020 Results

08/19/2020 | 08:15am EST

MAYFIELD VILLAGE, OHIO, Aug. 19, 2020 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for July 2020:  

   July  
(millions, except per share amounts and ratios; unaudited)2020 2019 Change
     
Net premiums written$4,109.3  $3,675.6  12%
Net premiums earned$3,781.4  $3,426.9  10%
Net income attributable to Progressive$812.0  $384.9  111%
Per share available to common shareholders$1.38  $0.65  111%
Total pretax net realized gains (losses) on securities$333.4  $49.0  NM 
Combined ratio 83.5   90.3  (6.8) pts. 
Average diluted equivalent common shares 587.8   587.4  0%
NM=Not meaningful


   July  
(thousands; unaudited)2020 2019 Change
Policies in Force     
Personal Lines     
Agency – auto7,435.4 6,832.8 9%
Direct – auto8,634.4 7,599.2 14%
Total personal auto16,069.8 14,432.0 11%
Total special lines4,854.8 4,545.2 7%
Total Personal Lines20,924.6 18,977.2 10%
Total Commercial Lines785.7 740.5 6%
Property business2,368.3 2,095.5 13%
Companywide Total24,078.6 21,813.2 10%
      

See Progressive's complete monthly earnings release, including the "Monthly Commentary," for additional information.

About Progressive

The Progressive Group of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can reach us whenever, wherever and however it's most convenient - online at progressive.com, by phone at 1-800-PROGRESSIVE, on a mobile device or in-person with a local agent.

Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the third largest auto insurer in the country, a leading seller of motorcycle and commercial auto insurance, and one of the top 15 homeowners insurance carriers.

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE:PGR.

Company Contact: 
Douglas S. Constantine
(440) 910-3563 
investor_relations@progressive.com

The Progressive Corporation 
6300 Wilson Mills Road 
Mayfield Village, Ohio  44143
http://www.progressive.com

Progressive July 2020 Complete Earnings Release: http://ml.globenewswire.com/Resource/Download/85e2660b-b330-4a11-9f4d-441a56894509 

 

Primary Logo


© GlobeNewswire 2020
All news about PROGRESSIVE CORPORATION
12/04Progressive Announces Dividend Information and 2021 Annual Meeting Record Dat..
GL
11/24PROGRESSIVE CORP/OH/ : Regulation FD Disclosure, Financial Statements and Exhibi..
AQ
11/24PROGRESSIVE : Reports October 2020 Results
AQ
11/24Progressive Reports October 2020 Results
GL
11/19Car Insurers Struggle to Track Driving Behavior. GM May Have a Better Way to ..
DJ
11/10PROGRESSIVE CORP/OH/ : Change in Directors or Principal Officers, Amendments to ..
AQ
11/10PROGRESSIVE : Announces Election of Devin Johnson to Board of Directors
AQ
11/10Progressive Announces Election of Devin Johnson to Board of Directors
GL
11/03GLOBAL MARKETS LIVE: Ant Group’s IPO postponed; Deutsche Bank wants to get ri..
11/03PROGRESSIVE COR : OH/ Management's Discussion and Analysis of Financial Conditio..
AQ
More news
Financials (USD)
Sales 2020 41 094 M - -
Net income 2020 4 790 M - -
Net Debt 2020 - - -
P/E ratio 2020 10,8x
Yield 2020 2,98%
Capitalization 52 423 M 52 423 M -
Capi. / Sales 2020 1,28x
Capi. / Sales 2021 1,14x
Nbr of Employees 41 571
Free-Float 73,2%
Chart PROGRESSIVE CORPORATION
Duration : Period :
Progressive Corporation Technical Analysis Chart | PGR | US7433151039 | MarketScreener
Technical analysis trends PROGRESSIVE CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 97,82 $
Last Close Price 89,52 $
Spread / Highest target 34,0%
Spread / Average Target 9,28%
Spread / Lowest Target -21,8%
EPS Revisions
Managers
NameTitle
Susan Patricia Griffith President, Chief Executive Officer & Director
Lawton Wehle Fitt Chairman
John P. Sauerland Chief Financial Officer & Vice President
Steven A. Broz Chief Information Officer
Charles Arthur Davis Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
PROGRESSIVE CORPORATION21.98%52 423
PICC PROPERTY AND CASUALTY COMPANY LIMITED-31.42%18 482
ADMIRAL GROUP PLC22.78%10 994
TRYG A/S-11.39%8 611
PORTO SEGURO S.A.-24.02%2 967
QUÁLITAS CONTROLADORA, S.A.B. DE C.V.25.33%2 049