Is The Progressive stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, The Progressive pays dividends. Last time was Friday 11th of October 2024 where the investors holding the stock on Thursday 3rd of October 2024 were paid $0.1 per share. Over the last 8 times between 2021 and 2024, The Progressive has paid $2.95 with an average of $0.37 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for The Progressive 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $70.28, you would have made a profit of $185.23 per share or 263.56%
Yes, the average daily trading liquidity for The Progressive is $22 780 thousand. You should therefore be able to get in and out of your positions relatively fast.
The Progressive has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 2.11, the company's ability to pay off the debt is good. The Progressive has a good net profit margin of 11.33% and should have high tolerances against inflation.
We have calculated the inflation risk for The Progressive to be low [0.1 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.