After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Progressive Corp. (PGR) shows that investor sentiment remained same, with the stock’s consolidated last price to $168.90. The Progressive Corp. has recorded 148,813 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Progressive Reports November 2023 Results.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
This NYSE-listed company operates within the Insurance – Property & Casualty industry segment, falling under the Financial sector. The current market capitalization of Progressive Corp. is $98.81B. A total of 1.65 million shares were traded on the day, compared to an average of 2.40M shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, PGR has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 15,000 shares. Over the last 12 months, there were 16 BUYs and 35 SELLs from insiders. Insiders purchased 72,847 shares during that period but sold 194,678.
In the most recent transaction, Griffith Susan Patricia sold 13,110 shares of PGR for 162.26 per share on Jan 03. After the transaction, the President and CEO now owns 465,737 company shares. In a previous transaction on Jan 03, Niederst Lori A sold 3,069 shares at 162.26 per share. PGR shares that CRM President owns now total 39,039.
Among the insiders who sold shares, Quigg Andrew J disposed of 1,210 shares on Jan 03 at a per-share price of $162.26. This resulted in the Chief Strategy Officer holding 27,247 shares of PGR after the transaction. In another insider transaction, Griffith Susan Patricia sold 90,000 shares at $162.89 per share on Nov 29. Company shares held by the President and CEO now total 465,735.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Progressive Corp. pays an annual dividend of $1.18, resulting in a dividend yield of 0.70%, and it has a price to earnings (P/E) ratio of 36.64. PGR’s most recent ex-dividend date was 1/18/2024 when it declared a $0.10 quarterly dividend that was paid in cash on 1/26/2024. Previously, the company paid the dividend on 10/13/2023 with an ex-dividend date of 10/4/2023. The PGR stock dividend was $0.10 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for PGR in the last 3 months, the mean price target is $177.00 with high estimates of $225.00 and low estimates of $158.00. In terms of 52-week highs and lows, PGR has a high of $168.29 and a low of $111.41.
As of this writing, PGR has an earnings estimate of $2.42 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $2.54 per share and a lower estimate of $2.24. The company reported an EPS of $0.4 in the last quarter, which was -53.50% lower than expectations of $0.86.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PGR’s latest balance sheet shows that the firm has $45.00B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $28.89, while its Total Shareholder’s Equity was $18.23B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PGR is Buy with a score of 3.80.
