Is Progressive Corp stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Progressive Corp 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 126 times between 1985 and 2024, Progressive Corp has paid $29.3072833 with an average of $0.23 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Progressive Corp 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $76.74, you would have made a profit of $171.95 per share or 224.07%
Yes, the average daily trading liquidity for Progressive Corp is $2.46 million. You should therefore be able to get in and out of your positions relatively fast.
Progressive Corp 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 1.80, the company's ability to pay off the debt is good. Progressive Corp has a good net profit margin of 8.90% and should have high tolerances against inflation.
We have calculated the inflation risk for Progressive Corp to be low [0.1 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.