News articles about Progressive Corporation (The) (NYSE:PGR) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Progressive Corporation (The) earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave news articles about the insurance provider an impact score of 45.7839913597703 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
- Progressive Corporation (The) (PGR) Receives “Buy” Rating from Keefe, Bruyette & Woods (americanbankingnews.com)
- Progressive’s Dashboard Report – October 2017 Update – Seeking Alpha (seekingalpha.com)
- Progressive's October Earnings Improve, Premiums Grow (finance.yahoo.com)
- Progressive Corporation (The) (PGR) PT Raised to $60.00 (americanbankingnews.com)
- Progressive Corporation (The)’s (PGR) Hold Rating Reaffirmed at B. Riley (americanbankingnews.com)
Shares of Progressive Corporation (NYSE PGR) opened at $51.55 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.50 and a current ratio of 0.50. The company has a market cap of $29,981.48, a P/E ratio of 22.51, a price-to-earnings-growth ratio of 2.99 and a beta of 0.92. Progressive Corporation has a fifty-two week low of $32.76 and a fifty-two week high of $52.08.
A number of analysts recently weighed in on the stock. Barclays PLC increased their price target on shares of Progressive Corporation (The) from $39.00 to $41.00 and gave the company an “underweight” rating in a research report on Friday, August 11th. Wells Fargo & Company reiterated a “hold” rating on shares of Progressive Corporation (The) in a research report on Thursday, August 3rd. BidaskClub upgraded shares of Progressive Corporation (The) from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 11th. FBR & Co reiterated a “hold” rating on shares of Progressive Corporation (The) in a research report on Tuesday, October 17th. Finally, MKM Partners increased their price target on shares of Progressive Corporation (The) to $60.00 and gave the company a “buy” rating in a research report on Thursday. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, six have issued a buy rating and two have given a strong buy rating to the stock. Progressive Corporation (The) currently has an average rating of “Hold” and a consensus target price of $47.76.
COPYRIGHT VIOLATION WARNING: “Progressive Corporation (The) (PGR) Given Daily Media Impact Score of 0.25” was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this article on another site, it was copied illegally and republished in violation of international trademark & copyright law. The original version of this article can be accessed at https://sportsperspectives.com/2017/11/19/progressive-corporation-the-pgr-given-daily-media-impact-score-of-0-25.html.
In other news, insider Steven Broz sold 1,250 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $48.73, for a total transaction of $60,912.50. Following the completion of the transaction, the insider now directly owns 12,181 shares of the company’s stock, valued at approximately $593,580.13. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider M Jeffrey Charney sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $48.90, for a total transaction of $293,400.00. Following the transaction, the insider now directly owns 108,038 shares of the company’s stock, valued at $5,283,058.20. The disclosure for this sale can be found here. Insiders have sold a total of 22,250 shares of company stock valued at $1,085,383 over the last ninety days. Company insiders own 0.56% of the company’s stock.
About Progressive Corporation (The)
The Progressive Corporation is an insurance holding company. The Company’s insurance subsidiaries and affiliates provide personal and commercial automobile and property insurance, other specialty property-casualty insurance and related services. The Company operates through the Personal Lines, Commercial Lines and Property segments.
Receive News & Ratings for Progressive Corporation (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Progressive Corporation (The) and related companies with MarketBeat.com's FREE daily email newsletter.