Progressive

PGR

Market cap $121B

Progressive keeps doing the boring thing extremely well: Scale up, keep margins intact, repeat. Over the past decade, PGR delivered a 92.2% average combined ratio while growing gross written premiums from $19.6B (2014) to $65.5B (2024). Costs are not drifting: The expense ratio has stayed below ~20%, supporting durable underwriting profitability across the cycle.

Progressive is still growing rapidly, and its core business is generating strong profits. The stock looks inexpensive on a price-to-earnings basis, but that doesn't automatically make it a buy.

Progressive (PGR) closed the most recent trading day at $213.15, moving +1.94% from the previous trading session.

The insurance industry is resilient in the long run, even if it suffers the occasional stumble. Utility name NextEra Energy is prepared for the future in a way its peers aren't.

Progressive (PGR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Berkshire Hathaway is sitting on a huge cash stockpile after Warren Buffett's retirement as CEO. ExxonMobil is a cash-flow machine and appears well-positioned for today's evolving energy landscape.

Progressive (PGR) closed at $212.12 in the latest trading session, marking a -6.85% move from the prior day.

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Investing in blue-chip stocks can provide a solid foundation for your portfolio due to their resilience. Blue-chip companies typically generate consistent cash flow, enabling them to pay dividends, engage in share buybacks, and invest in growth opportunities.