Progressive (PGR) Stock Gains 34% YTD: Will the Rally Last?
PGRProgressive(PGR) Zacks Investment Research·2024-05-16 03:10

Shares of The Progressive Corporation (PGR) have rallied 34.2% year to date, compared with the industry’s increase of 15.2%, the Finance sector’s rise of 4.8% and the Zacks S&P 500 composite’s gain of 10.3%. With a market capitalization of $125.2 billion, the average volume of shares traded in the last three months was 2.7 million. A compelling portfolio, leadership position, strength in Vehicle and Property businesses, healthy policies in force, retention and a solid capital position continue to drive this ...