Home / Daily News / Dividend Darling With Upside: The Progressive Corporation (NYSE:PGR)


If investors are looking for a stable dividend stock with upside, The Progressive Corporation (NYSE:PGR) could be one that fits the bill.  The stock currently provides a dividend yield of 0.53% for the Financial company.  

On a consensus basis, analysts have a Buy/Sell rating of 2.20, which is based on a 1 to 5 scale. The sell-side is projecting that it will reach $89.40 within the next 12 months.  This is a solid upside to a recent bid of $75.18.  Investors are always looking for any little advantage when trading the stock market. Scouring all the various data regarding publically traded companies can be overwhelming at times. Once the investor becomes familiar with the basics, they may be able to dive in deeper and focus on the essentials. Creating a winning strategy may not occur overnight. There may be times when even the best crafted plan does not play out as expected. Being flexible and having the proper tools in place can help the investor see the clearer picture when markets get muddy.  

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, The Progressive Corporation (NYSE:PGR)’s stock was 24.61%.  Over the last week of the month, it was -1.44%, -8.03% over the last quarter, and  4.40% for the past six months.

Over the past 50 days, The Progressive Corporation stock’s -11.51% off of the high and 5.64% removed from the low.  Their 52-Week High and Low are noted here.  -11.51% (High), 32.57%, (Low). 


Fundamental analysis examines the financial elements of a company, for example; sales, cash flow, profit and balance sheet.  These numbers are then crunched to create theoretical valuations of companies. 

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Earnings Per Share (EPS) is the earnings made by a company divided by their number of shares.  EPS enables the earnings of a company to easily be compared to their competitors. The higher the number, the more profit per dollar is being made on investor capital.  The Progressive Corporation’s EPS for the trailing 12 months is 5.50.  Their EPS should be compared to other companies in the Financial sector.

Price-to-Earnings Ratio is the current share price divided by annual earnings per share.  P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels.  Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively.  The Progressive Corporation’s  P/E ratio is 13.68. 

Projected Earnings Growth (PEG) is a forward looking ratio based on anticipated earnings growth.  PEG is created by dividing P/E by the projected rate of earnings growth.  The Progressive Corporation’s  PEG is 2.75.


Technical analysts have little regard for the value of a company. They use historic price data to observe stock price patterns to predict the direction of that price going forward.  Analysts use common formulas and ratios to accomplish this.

The Progressive Corporation (NYSE:PGR)’s RSI (Relative Strength Index) is 44.96.  RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.

When the stock market starts to get volatile, investors might start getting worried about their investments. The natural response is to do something about it and take some action. Sometimes this may be necessary, but sometimes the best way to deal with volatility may be to wait it out and stay the course. It can be scary to watch the portfolio decline, and nobody wants to see their stocks taking a nosedive. Although there is no foolproof strategy to ride out market downturns, investors often agree that having a diversified stock portfolio may be the most logical defense.

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