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0.000148507499628737 -0.0017820899955447 -0.00371268749071828 0.000594029998514948 -0.000643532498391146 0.000841542497896223 0.00143557249641117 -0.00252462749368839
Stock impact report

Progressive: Sentiment Is Too Negative Given Underlying Results [Seeking Alpha]

Progressive Corporation (The) (PGR) 
Last progressive corporation (the) earnings: 4/15 08:35 am Check Earnings Report
US:NYSE Investor Relations: investors.progressive.com
Company Research Source: Seeking Alpha
PGR's Q1 combined ratio remained healthy at 86.4%, with modest margin compression expected, and premium growth continues amid competitive pressures. The company benefits from a high-quality, liquid investment portfolio and a strong balance sheet, supporting sustainable capital returns, including special dividends. PGR stock trades at 11.5x earnings, a discount to peers and history; I reiterate my Buy rating with a price target above $220. JHVEPhoto/iStock Editorial via Getty Images Shares of The Progressive Corporation ( PGR ) have been a poor performer over the past year, losing about 30% of their value. While the company has actually reported solid financial results , this has Show less Read more
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