Progressive Corp Ownership
| PGR Stock | USD 209.03 2.77 1.31% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 587.5 M | Current Value 587 M | Avarage Shares Outstanding 776.3 M | Quarterly Volatility 159.5 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Progressive |
Progressive Stock Ownership Analysis
About 88.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.48. Progressive Corp recorded earning per share (EPS) of 9.76. The entity last dividend was issued on the 3rd of April 2024. The firm had 4:1 split on the 19th of May 2006. The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio. Progressive Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 49077 people. To find out more about Progressive Corp contact John Auer at 440 461 5000 or learn more at https://www.progressive.com.Besides selling stocks to institutional investors, Progressive Corp also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Progressive Corp's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Progressive Corp's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Progressive Corp Quarterly Liabilities And Stockholders Equity |
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Progressive Corp Insider Trades History
Less than 1% of Progressive Corp are currently held by insiders. Unlike Progressive Corp's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Progressive Corp's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Progressive Corp's insider trades
Progressive Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Progressive Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Progressive Corp backward and forwards among themselves. Progressive Corp's institutional investor refers to the entity that pools money to purchase Progressive Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Hhg Plc | 2023-12-31 | 8.9 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 8.5 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 7.6 M | Principal Financial Group Inc | 2023-12-31 | 7.3 M | Capital World Investors | 2023-12-31 | 6.9 M | Norges Bank | 2023-12-31 | 6.8 M | Bank Of New York Mellon Corp | 2023-12-31 | 6.4 M | Viking Global Investors Lp | 2023-12-31 | 5.9 M | Deutsche Bank Ag | 2023-12-31 | 5.8 M | Vanguard Group Inc | 2023-12-31 | 51.5 M | Blackrock Inc | 2023-12-31 | 46.6 M |
Progressive Corp Outstanding Bonds
Progressive Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Progressive Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Progressive bonds can be classified according to their maturity, which is the date when Progressive Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| PROGRESSIVE P OH Corp BondUS743315AJ20 | View | |
| PROGRESSIVE P OH Corp BondUS743315AL75 | View | |
| PROGRESSIVE P OH Corp BondUS743315AQ62 | View | |
| PROGRESSIVE P OH Corp BondUS743315AR46 | View | |
| PROGRESSIVE P OH Corp BondUS743315AS29 | View | |
| PROGRESSIVE P OH Corp BondUS743315AT02 | View | |
| PROGRESSIVE P OH Corp BondUS743315AV57 | View | |
| US743315AW31 Corp BondUS743315AW31 | View |
Progressive Corp Corporate Filings
| 1st of May 2024 Other Reports | ViewVerify | |
F4 | 19th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 12th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 25th of March 2024 Other Reports | ViewVerify |
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Complementary Tools for Progressive Stock analysis
When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Progressive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progressive Corp. If investors know Progressive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progressive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.253 | Dividend Share 1.15 | Earnings Share 9.76 | Revenue Per Share 111.143 | Quarterly Revenue Growth 0.206 |
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progressive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.