$0.94 EPS Expected for The Progressive Corporation (PGR) on July, 17

June 27, 2018 - By Susanne Funderburg

The Progressive Corporation (NYSE:PGR) Corporate Logo
During Q1 2018 the big money sentiment decreased to 0.98. That’s change of 0.19, from 2017Q4’s 1.17. 36 investors sold all, 231 reduced holdings as The Progressive Corporation ratio is negative. 180 grew holdings while 81 funds bought holdings. Funds hold 450.02 million shares thus 0.77% less from 2017Q4’s 453.53 million shares.
Jump Trading Lc accumulated 7,671 shs. Apg Asset Mgmt Nv holds 4.31 million shs. D E Shaw And accumulated 2.20M shs. State Street Corp has invested 0.13% of its capital in The Progressive Corporation (NYSE:PGR). 45,177 are held by Lombard Odier Asset Mngmt (Switzerland). Landscape Capital Mngmt invested 0.84% in The Progressive Corporation (NYSE:PGR). Farmers Tru reported 0.19% of its capital in The Progressive Corporation (NYSE:PGR). Aperio Lc accumulated 332,160 shs. Prelude Mgmt Ltd Liability accumulated 0.02% or 4,301 shs. Loring Wolcott And Coolidge Fiduciary Advisors Llp Ma has invested 0% in The Progressive Corporation (NYSE:PGR). Baystate Wealth Lc reported 0% stake. Perigon Wealth Mngmt Ltd Llc owns 9 shs. Moreover, Evergreen Capital Mngmt Ltd Liability Corporation has 0.02% invested in The Progressive Corporation (NYSE:PGR). Natixis has invested 0.33% in The Progressive Corporation (NYSE:PGR). State Of Alaska Department Of Revenue has 88,320 shs.

The Progressive Corporation had 5 insider sales and 0 insider buys since April 25, 2018. This’s net activity of $3.03 million. BASCH JEFFREY W had sold 11,000 shs worth $665,940 on Thursday, May 17. On Wednesday, April 25 Broz Steven also sold $121,236 worth of The Progressive Corporation (NYSE:PGR). Shares for $748,800 were sold by Sauerland John P on Thursday, June 14.

The Progressive Corporation (NYSE:PGR) is awaited to publish earnings on July, 17., Faxor reports. Analysts have anticipation on stock’s earnings per share of $0.94. That’s up 59.32 % from last year’s $0.59 earnings per share. PGR’s profit could be $547.43M with 15.93 P/E in case $0.94 earnings per share is published. -22.95 % negative EPS growth is what analysts predict. $1.22 earnings per share was published for previous quarter. The stock increased 0.27% or $0.16 during the last trading session, hitting $59.91.The Progressive Corporation has volume of 183,947 shares. Since June 27, 2017 PGR has risen 47.50% and is uptrending. PGR outperformed by 34.93% the S&P 500.

The Progressive Corporation (NYSE:PGR) Ratings Coverage

In total 11 analysts cover Progressive (NYSE:PGR). “Buy” rating has 4, “Sell” are 1, while 6 are “Hold”. 36% are bullish. 17 are the (NYSE:PGR)’s analyst reports since January 24, 2018 according to StockzIntelligence Inc. On Thursday, February 15 Sandler O’Neill maintained The Progressive Corporation (NYSE:PGR) with “Buy” rating. On Tuesday, April 17 the firm has “Buy” rating given by Keefe Bruyette & Woods. On Thursday, March 1 the company was maintained by Sandler O’Neill. On Thursday, January 25 the stock has “Buy” rating by UBS. The stock rating was maintained by Keefe Bruyette & Woods with “Buy” on Wednesday, February 14. On Thursday, May 17 the rating was maintained by Buckingham Research with “Underperform”. On Monday, April 16 the rating was maintained by FBR Capital with “Hold”. On Wednesday, April 18 the firm earned “Equal-Weight” rating by Morgan Stanley. On Thursday, May 17 the company was downgraded by Keefe Bruyette & Woods. On Thursday, January 25 the firm earned “Buy” rating by M Partners.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States.The firm is worth $34.89 billion. The Company’s Personal Lines segment writes insurance for personal autos, and recreational and other vehicles.22.03 is the P/E ratio. This segmentÂ’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles.

There’s a significant The Progressive Corporation (NYSE:PGR) news announced by Seekingalpha.com. It’s an article titled: “Progressive Corp.’s Dashboard Report – May 2018 Update” on June 23, 2018.

The Progressive Corporation (NYSE:PGR) Institutional Investors Chart

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