UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | --- | --- | --- | |----------------------------------------------------------------------------------------|------------------------------------------------------------|-------------- ...

This stock is an excellent example of how investing in quality businesses can produce stellar long-term returns.The stock market is one of the greatest wealth creators out there. Over the long run, the S&P 500 index has returned about 10% annually during the past century, rewarding patient investors who take a buy-and-hold approach to investing.Some companies outperform the S&P 500 over extended periods. These companies have strong business models and capital and risk management, which allows them to produc ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today October 30th: Urban Outfitters (URBN) : This company which is a lifestyle specialty retailer that offers fashion apparel and accessories, footwear, home décor and gifts products, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 0.3% over the last 60 days. Urban Outfitters has a PEG ratio of 0.88 compared with 2.16 for the industry. T ...

文章核心观点 - 保险行业在2024年表现出色,保险ETF(IAK)上涨约30%,波动性和回撤率较低 [1] - 其中,汽车保险公司Progressive(NYSE: PGR)的股价也有所上涨 [1] 行业总结 - 保险行业在2024年整体表现良好,保险ETF(IAK)上涨约30% [1] - 行业波动性和回撤率较低,表现出色 [1] 公司总结 - 汽车保险公司Progressive(NYSE: PGR)的股价也有所上涨 [1]

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Sty ...

The Progressive Corporation (PGR) reported solid third-quarter 2024 results, wherein the top line and the bottom line beat the Zacks Consensus Estimate. Net premiums written improved 25%, driven by the strong performance of operating businesses. Combined ratio — the percentage of premiums paid out as claims and expenses — improved 340 basis points (bps) from the prior-year quarter’s level to 89.PGR is one of the country’s largest auto insurance groups, the largest seller of motorcycle and boat policies, the ...

Insurance giant Progressive Corporation (PGR)  and banking leader PNC Financial Services Group (PNC)  are two top-rated finance stocks to consider after exceeding their Q3 top and bottom line expectations on Tuesday.Here’s a brief review of their Q3 reports and a look at why now is still a good time to buy Progressive shares which have soared nearly +60% year to date and PNC’s stock which has risen over +20% in 2024.Image Source: Zacks Investment Research Progressive’s Q3 Results Zacks Rank #1 (Strong Buy) ...

Most investors dismiss insurance stocks as the boring niche in the finance sector without realizing that this industry could significantly outperform all others during an economy ridden by threats of prolonged higher inflation. Today’s environment is ripe for insurance businesses to rally further into the year, if not continue their bullish momentum into 2025.Progressive TodayPGRProgressive$255.67 +0.30 (+0.12%) 52-Week Range$149.14▼$260.46Dividend Yield0.16%P/E Ratio21.89Price Target$268.19Add to Watchlist ...

文章核心观点 - Progressive公司是一家保险巨头,成立于1937年,一直为客户提供服务 [1] - 过去10年里,Progressive公司做了两件事 [1] 公司概况 - Progressive公司是一家保险公司,成立于1937年 [1] - 公司一直为客户提供服务 [1] 公司过去10年发展 - 过去10年里,Progressive公司做了两件事 [1]

文章核心观点 - Progressive公司第三季度每股收益和营业收入均超出市场预期,股价上涨 [1] - Progressive公司的承保利润率有所改善,投资收益大幅增加 [2] - Progressive公司各业务线的保单数量均有不同程度的增长 [3] - Progressive公司的偿付能力和盈利能力均有大幅提升 [4] 公司经营情况 - 第三季度净保费收入同比增长25%至195亿美元 [2] - 净保费已收同比增长23%至183亿美元,超出市场预期 [2] - 投资收益从上年同期的1.49亿美元亏损转为2.874亿美元收益 [2] - 综合成本率同比改善340个基点至89% [2] 业务发展情况 - 个人汽车业务保单量同比增长17%至2280万件 [3] - 特种险业务保单量同比增长9%至650万件 [3] - 个人汽车直销和代理渠道保单量分别同比增长20%和19% [3] - 商业汽车业务保单量同比增长2%至110万件 [3] - 房产业务保单量同比增长14%至350万件 [3] 财务指标 - 每股净资产从上年同期的28.89美元增长60.5%至46.36美元 [4] - 净资产收益率从上年同期的17.4%提升至50.9% [4] - 总债务/总资本比率从上年同期的28.4%改善至20.2% [4]