$13.08

1.04 (8.64%)

11/21/2008 4:01 PM

The Progressive Corp (PGR)

CAPS Rating:

An insurance holding company which offers a number of personal and commercial property-casualty insurance products primarily related to motor vehicles.

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What the Community Thinks

Total Members

225 Outperforms

43 Underperforms

All-Stars

67 Outperforms

13 Underperforms

Wall Street

10 Outperforms

0 Underperforms

Members bullish on PGR are also bullish on:

Members bearish on PGR are also bearish on:

Ticker Tags

Casualty Insurance (81), S&P 500 (469), Mid Cap (425), Insurance (178), Ohio (26)
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The Progressive Corp At A Glance

Current Price:	$13.08
Last Trade Time:	11/21/2008 4:01 PM
Open:	$12.08
Previous Close:	$12.04
Daily Range:	$11.86 - $13.24
52-Week Range:	$10.29 - $21.31
Volume:	11,100,255
Market Cap:	$8.13B
P/E Ratio:	1.00
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Stock Trends

PGR VS S&P 500 (SPY)

News & Discussion Boards

Other News Headlines for PGR

Premarket roundup: Automakers, NBTY
11/12/2008 9:43:00 AM - AP
Ahead of the Bell: Progressive upgraded
11/12/2008 8:38:00 AM - AP
Fitch sees auto insurer stresses
10/17/2008 3:38:00 PM - AP
Fitch affirms Progressive Corp. debt ratings
10/10/2008 4:20:00 PM - AP

More Headlines...

Top Bull Pitch

Recs

1 The Progressive Corp (PGR)

Avatar cocaps2win (< 20) Submitted: 3/26/08 7:50 PM

Progressive stock has gone up to over $100.00 two times after a couple of 3 for 1 stock splits in the past 5 to 7yrs. A third stock split brought it down to $26.99 per share and Progressive is now at approx. $16.00 per share. Wise investment. Definetely due to go up again. This stock will most defi...More

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Recs 0 (PGR) tz7bandit (52.30) Submitted: 10/22/08 4:54 PM : Start Price: $12.70 PGR Score: -19.18 What do you think people stop paying for after they barely pay their rent? Plus their commercials suck After next quarter they won't have strong earnings to offset their terrible investment decisions and will be down-graded and either go insolvent of get bought at firesale prices. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (PGR) SqwiiToN (< 20) Submitted: 8/18/08 8:24 AM : Start Price: $18.60 PGR Score: 12.18 RSI 5 - 20 cross Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (PGR) NoIDAtAll (< 20) Submitted: 6/30/08 5:32 AM : Start Price: $19.34 PGR Score: 8.35 Firstly, I think people are driving less with significantly higher gasoline prices - Fewer miles driven driven should result in fewer accidents. Other significant auto insurers, notably AIG (under some recent new management), are adopting considerably restrictive underwriting rules, raising premiums and cutting some premium payment plans - should make it easier for Progressive to compete for business. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (PGR) aggressive1 (< 20) Submitted: 6/09/08 10:46 AM : Start Price: $20.26 PGR Score: 9.20 Company is aggressive as well as progressive. Spike in gas prices will cut back on driving and result in lower loss claims. Also casualty insurance industry is ripe for mergers, and PGR is a good candidate either to take over another company or to be acquired by a larger one. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (PGR) falcon2382 (98.76) Submitted: 4/10/08 2:18 PM : Start Price: $17.00 PGR Score: 21.25 Okay... this is going to be a stretch. Apart from the fact that I like management at progressive and over the long term i dont think cars are going to disappear from the US landscape (and after seeing the effects a two week train-workers-union strike can have on Germany--I'd say thats a good thing), what seems quite interesting to me though is that although most people reduce driving when gas and oil prices go higher, and job losses and other recessionary effects reduce the weight of consumer pockets, I don't think many people take their cars off the road completely. This means they still need insurance. So in the end, I'd say you have the perfect recipe for the No. 1 car insurer in America to be able to sit back and collect monthly checks from its customers without having to dish out huge checks back since less traffic means less accidents and more cars parked in the garage (as opposed to parking expensive cars on the street during trips to the city) means less theft. Let's see, what else, Progressive also happens to boast an 8 to 1 insider purchase to sales ratio during the past 5 months and currently has a 21 analyst average rating of hold--with current stock price action begging for some upgrades and smart money piling in on heavy volume at current prices as well. That basically means that something pretty catastrophic would have to happen to progressive itself (like a meteor hitting the headquarters or something) in order for the stock to break such support levels. I guess I've made my opinion on this one pretty strong huh? Well, take it with a grain of salt Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out.
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Results 1 - 10 of 10

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Top Pick	Member Name	Member Rating	Start Date	Call	Time Frame	Start Price	Stock Gain	S&P Gain	Score	Pitch
	TrackChrisDavis	< 20	06/03/08		1Y	$20.52	-36.26%	-45.56%	+9.30
	TrackFBR	< 20	06/02/08		NS	$20.44	-36.01%	-45.77%	+9.76
	TrackStifel	89.86	01/04/08		NS	$18.35	-28.74%	-47.09%	+18.36
	TrackDreman	85.36	12/31/07		NS	$19.01	-31.19%	-48.13%	+16.94
	TrackPatDorsey	78.14	10/12/07		5Y	$19.64	-33.42%	-51.49%	+18.08
	TrackBRogers	96.96	09/30/07		NS	$19.26	-32.08%	-50.30%	+18.22
	TrackJimCramer	85.65	08/09/07		3W	$23.22	-43.66%	-47.84%	+4.18
	TrackKeyBanc	23.33	04/12/07		NS	$22.67	-42.30%	-47.24%	+4.94
	TrackCalyonSec	< 20	01/18/07		NS	$23.30	-43.85%	-47.03%	+3.18
	TrackHSBC	92.10	10/18/06		NS	$25.03	-47.75%	-44.70%	-3.05

Results 1 - 10 of 10

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