Professional
Added to YB: 2025-02-17
Pitch date: 2025-02-06
PGR [bullish]
The Progressive Corporation
-6.55%
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
$251.30
Price Target
N/A
Dividend
2.20%
EV/EBITDA
9.69
P/E
12.25
EV/Sales
1.62
Sector
Insurance
Category
growth
Bretton Fund Portfolio Holding: The Progressive Corporation - $PGR
PGR: Top auto insurer. Quick to adjust rates post-pandemic for higher crashes/repairs, initially losing customers. Now competitive again as industry caught up. Resumed marketing. 2023: policies +18%, EPS +71%, stock +51%. Agile pricing & marketing strategy sets it apart.
Read full article (1 min)