Progressive Corporation (The) Stock News

The insurance company says it made strides in net premiums written and net premiums earned in July.

CNBC's Jim Cramer explains why he is keeping an eye on shares of Progressive Corp.

In a not exactly unexpected development, the Federal Reserve last week announced that it raised its key interest rate by a quarter percentage point, which then inherently bolsters the case for stocks

Progressive missed top- and bottom-line estimates in the second quarter, and the stock had its largest one-day drop in two decades. The insurer's losses outpaced premium growth during the period.

While the Federal Reserve aggressively raised the benchmark interest rate to tame historically high inflation, much evidence indicates that the central bank hasn't done enough, thus bolstering the cas

Investors use various investing strategies, including momentum and value investing. Bottom fishing involves buying stocks at lows to play the recovery.

Used car prices are still up almost 40% compared with prepandemic levels. More expensive cars mean more costly repairs and auto insurance.

Better-than-expected inflation data prompted investors to send the Dow Jones higher for the fourth day in a row.

Progressive's (PGR) Q2 earnings reflect higher premiums, offset by higher expenses.

U.S. equities rose at midday on Thursday, July 13, 2023, after a second report this week showing inflation easing.

For Progressive's second quarter, Wall Street is looking for earnings per share of about 85 cents from $14.5 billion in sales.

Improving premium, steady policy life expectancy, investment in technology and a solid capital position are likely to drive Progressive's (PGR) growth.

Progressive's (PGR) Q2 earnings are likely to have benefited from improved rates, solid policies in force and higher retention in its strong Vehicle and Property businesses.

Let's see how Chubb (CB) and Progressive (PGR) fare in terms of some of the key metrics.

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