Professional
Added to YB: 2025-10-08
Pitch date: 2025-10-02
PGR [neutral]
The Progressive Corporation
-3%
current return
Author Info
No bio for this author
Company Info
The Progressive Corporation operates as an insurance company in the United States. The company writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters.
Market Cap
$130.9B
Pitch Price
$242.12
Price Target
N/A
Dividend
2.20%
EV/EBITDA
9.69
P/E
12.25
EV/Sales
1.62
Sector
Insurance
Category
turnaround
Middle Coast Investing Portfolio Holding: The Progressive Corporation
PGR (holding update): Second biggest loser two quarters running despite rising earnings estimates. Low combined ratios driving high earnings but unsustainable - claims regress or rates cut, inviting competition. Policy growth slowed from 18% to 8.5%-13%. At <13x P/E, still attractive cyclical play. Order below current price to add.
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