Progressive Corp (PGR) 26.92 $PGR
Progressive Upgraded to Buy on Takeover & Affirmed Ratings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 24, 2:50PM CST
On Dec 20, Zacks Investment Research upgraded Progressive Corp. (PGR) to a Zacks Rank #2 (Buy).
PGR: 26.92 (-0.05), AFSI: 54.21 (-0.05), NAVG: 72.80 (+0.17), MCO: 98.29 (+0.29)
Insider Trading Alert - FNGN, PGR And MNK Traded By Insiders
at The Street - Wed Dec 24, 10:33AM CST
Stocks with insider trader activity include FNGN, PGR and MNK
MNK: 97.84 (-0.29), PGR: 26.92 (-0.05), FNGN: 37.85 (+0.79)
Progressive Ratings Affirmed by Rating Agencies; Shares Rise - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Dec 22, 11:40AM CST
Shares of Progressive (PGR) gained about 1.5% in the last two trading sessions following rating affirmations by two major credit rating agencies.
PGR: 26.92 (-0.05), HALL: 11.58 (+0.08), AFSI: 54.21 (-0.05), MCO: 98.29 (+0.29)
Is Progressive Corp. (PGR) Stock A Great Combo of Value and Growth? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Dec 22, 7:35AM CST
Progressive Corp may be an interesting play thanks to its forward PE of 15.11, its P/S ratio of 0.83, and its decent dividend yield of 1.86%.
PGR: 26.92 (-0.05)
Why Progressive (PGR) Stock Might be a Great Pick - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Dec 22, 7:30AM CST
Progressive is one stock that might be an intriguing choice for investors as it is seeing solid earnings estimate revision and has Zacks Industry rank of 52
PGR: 26.92 (-0.05)
Progressive Announces Annual Dividend Information
Thomson Reuters ONE - Fri Dec 19, 1:19PM CST
PGR: 26.92 (-0.05)
ACE to Boost Personal Lines for Wealthy with Fireman's Fund - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Dec 19, 12:00PM CST
ACE Limited (ACE) has inked a deal to buy Fireman's Fund, a high net worth personal lines insurance business in the U.S. $365 million from German insurer Allianz.
PGR: 26.92 (-0.05), ACE: 116.03 (-0.18), KMPR: 36.20 (+0.04), XL: 34.26 (-0.11)
XL Group in Talks to Buy Catlin, Increases Alternative Capital - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Dec 18, 5:52PM CST
XL Group plc (XL) is in talk with Catlin Group Ltd. (CGL.L) to acquire the latter and form a combined entity.
PGR: 26.92 (-0.05), AWH: 37.82 (+0.11), KMPR: 36.20 (+0.04), XL: 34.26 (-0.11)
Why Insurance Stocks Will Outperform
Quantified Alpha - Seeking Alpha - Thu Dec 18, 10:09AM CST
A) Introduction With the prospect of rising interest rates on the horizon, insurance stocks look poised to reap higher returns on their float and profit accordingly. This article will be a statistical top-down analysis of the industry group,...
STFC: 23.53 (+0.43), SAFT: 63.15 (-0.20), PRU: 91.45 (-0.03), MET: 54.86 (-0.15), AON: 96.52 (-0.15), LNC: 58.58 (-0.10), MMC: 58.32 (-0.07), PGR: 26.92 (-0.05), AGII: 55.18 (+0.55), FFG: 56.38 (+0.12), AMSF: 42.19 (+0.07), AIZ: 69.17 (-0.06), PFG: 53.07 (-0.25), ERIE: 90.77 (+0.37), NAVG: 72.80 (+0.17), UNM: 35.30 (-0.12), AFL: 61.94 (unch), IPCC: 76.10 (+1.06), PTP: 73.65 (-0.03)
A.M. Best Places Ratings of American Strategic Insurance Corp and Its Affiliates Under Review With Positive Implications
Business Wire - Thu Dec 18, 8:35AM CST
A.M. Best has placed under review with positive implications the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of "a" of American Strategic Insurance Corp (ASI) (St. Petersburg, FL) and its affiliates following the announcement that The Progressive Corporation (Progressive)(NYSE
GR) has agreed to acquire a controlling position in ARX Holding Corp., the parent company of ASI and its affiliates, for approximately $875 million in cash. Following the close of the transaction, Progressive's interest in the company will be approximately 67%, up from the 5% interest it's held since 2012. ASI will continue to operate as a separate company under its current management team and will benefit from its association with one of the leading personal automobile writers in the United States. The transaction is expected to close by April 1, 2015, subject to closing conditions.
PGR: 26.92 (-0.05)
A.M. Best Affirms Ratings of The Progressive Corporation and Its Subsidiaries; Comments on Announced Acquisition of ARX Holdings
Business Wire - Thu Dec 18, 8:18AM CST
A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of "aa" of the members of Progressive Agency Pool, Progressive Direct Pool and Progressive Commercial Auto Group (collectively known as Progressive). A.M. Best also has affirmed the FSR of A (Excellent) and ICR of "a+" of National Continental Insurance Company. Additionally, A.M. Best has affirmed the ICR of "a" and all debt ratings of the parent holding company, The Progressive Corporation [NYSE: PGR]. The outlook for all ratings is stable. All companies are headquartered in Mayfield Village, OH. (See below for a detailed listing of the companies and ratings.)
PGR: 26.92 (-0.05)
Progressive to Insure Home & Auto with ARX Majority Stake - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 17, 5:10PM CST
Progressive (PGR) inked a deal to buy the majority stake in ARX Holding Corp., the parent company of American Strategic Insurance (ASI) and its affiliates, for $875 million cash.
PGR: 26.92 (-0.05), AJG: 47.45 (-0.03), AWH: 37.82 (+0.11), KMPR: 36.20 (+0.04)
Is A Dividend Cut The End Of The World? Analysis Of Dividend-Cutting Companies, Part I
On2Freedom - at Seeking Alpha - Wed Dec 17, 5:04PM CST
KOF: 88.19 (-0.45), RF: 10.67 (+0.01), BBT: 39.11 (-0.13), LM: 54.51 (-0.30), DX: 8.53 (-0.03), GEF.B: 48.75 (-0.45), PGR: 26.92 (-0.05), ONB: 14.82 (-0.07), KGC: 2.70 (+0.11), CHEV: 13.70 (-0.18), EOC: 44.91 (+0.22), ORRF: 16.40 (-0.26), NPBC: 10.46 (-0.09), AVP: 9.22 (-0.07), STT: 80.07 (-0.26), PBI: 25.22 (+0.07), BWP: 17.53 (-0.14), PFE: 31.42 (-0.03), OFC: 28.63 (-0.28), ASBC: 18.42 (+0.12), LNC: 58.58 (-0.10), HCBK: 10.18 (-0.07), LZB: 26.55 (+0.06), STBA: 29.69 (-0.15), PEBO: 25.99 (-0.11), AZN: 70.44 (+0.26), STI: 42.43 (-0.18), MCD: 93.83 (-0.39), CVX: 113.47 (-0.48), FULT: 12.40 (-0.12), NE: 17.05 (-0.56), CEQP: 7.03 (-0.18), GE: 25.83 (-0.05), INFY: 31.74 (-0.31), KEY: 14.01 (-0.05), FNB: 13.22 (-0.10), LSBK: 13.50 (unch), JNJ: 104.59 (+0.31), KIM: 25.78 (-0.06), ACI: 1.78 (+0.01), SNP: 80.74 (-0.60), CHL: 59.15 (-0.02), SNV: 26.83 (-0.05), AVY: 52.15 (-0.08), SUSQ: 13.43 (+0.01), CMA: 46.60 (+0.13), HBOS: 25.74 (+0.06), KO: 42.94 (-0.03), FITB: 20.59 (+0.01), SVU: 9.71 (+0.01), GTY: 18.13 (-0.08), BAC: 17.98 (+0.05), NPK: 58.35 (-1.07), MAS: 25.17 (-0.14), IRET: 8.46 (-0.11), GCI: 31.68 (-0.20), CEO: 135.38 (-1.31), FUN: 47.85 (+0.44), PG: 93.14 (-0.15)
Fitch Affirms Progressive's Ratings Following ARX Controlling Interest Acquisition
Business Wire - Wed Dec 17, 11:45AM CST
Fitch Ratings has affirmed the Progressive Corporation's (NYSE: PGR) Issuer Default Rating (IDR) of 'A+', senior debt ratings of 'A', and junior debt rating of 'BBB+'. Fitch also affirms Progressive's operating subsidiaries' Insurer Financial Strength (IFS) rating at 'AA'. A complete list of ratings follows the end of the release. The Rating Outlook is Stable.
PGR: 26.92 (-0.05)
Flexpoint Ford sells its stake in American Strategic Insurance as Progressive acquires controlling interest
PR Newswire - Wed Dec 17, 11:34AM CST
Flexpoint Ford, LLC (Flexpoint), a private equity firm focused on the financial services and healthcare sectors, today announced that it has agreed to sell its minority stake in ARX Holding Corp., the parent company of American Strategic Insurance Corp. (ASI) to The Progressive Corporation (NYSE: PGR) as part of a broader transaction in which Progressive will acquire a controlling interest in ASI.
PGR: 26.92 (-0.05)
Progressive Expands in Home Insurance With Increased ARX Stake
at The Street - Wed Dec 17, 8:32AM CST
The car insurance provider is buying a majority stake in home insurance provider ARX Holding for $875 million, broadening the insurance company's offerings.
PGR: 26.92 (-0.05), BRK.A: 226,515.00 (-1,115.00), ALL: 70.69 (-0.06), XL: 34.26 (-0.11)
Progressive (PGR) Crosses Pivot Point Support at $25.94
Comtex SmarTrend(R) - Tue Dec 16, 9:00AM CST
Progressive (NYSE GR) has opened bearishly below the pivot of $26.27 today and has reached the first level of support at $25.94. Investors may be interested in a cross of the next downside pivot targets of $25.64 and $25.01.
PGR: 26.92 (-0.05)
Progressive to take majority stake in home insurance provider
Seeking Alpha - at Seeking Alpha - Tue Dec 16, 7:45AM CST
PGR: 26.92 (-0.05)
Progressive Announces Acquisition
Thomson Reuters ONE - Tue Dec 16, 7:35AM CST
PGR: 26.92 (-0.05)
One Reason Progressive Corp. (PGR) Stock Is Higher Today
at The Street - Thu Dec 11, 12:22PM CST
Shares of Progressive Corp. (PGR) are up as a higher Gainshare factor suggests a favorable dividend announcement.
PGR: 26.92 (-0.05)
Progressive Upgraded to Buy on Takeover & Affirmed Ratings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 24, 2:50PM CST
On Dec 20, Zacks Investment Research upgraded Progressive Corp. (PGR) to a Zacks Rank #2 (Buy).
PGR: 26.92 (-0.05), AFSI: 54.21 (-0.05), NAVG: 72.80 (+0.17), MCO: 98.29 (+0.29)
Insider Trading Alert - FNGN, PGR And MNK Traded By Insiders
at The Street - Wed Dec 24, 10:33AM CST
Stocks with insider trader activity include FNGN, PGR and MNK
MNK: 97.84 (-0.29), PGR: 26.92 (-0.05), FNGN: 37.85 (+0.79)
Progressive Ratings Affirmed by Rating Agencies; Shares Rise - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Dec 22, 11:40AM CST
Shares of Progressive (PGR) gained about 1.5% in the last two trading sessions following rating affirmations by two major credit rating agencies.
PGR: 26.92 (-0.05), HALL: 11.58 (+0.08), AFSI: 54.21 (-0.05), MCO: 98.29 (+0.29)
Is Progressive Corp. (PGR) Stock A Great Combo of Value and Growth? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Dec 22, 7:35AM CST
Progressive Corp may be an interesting play thanks to its forward PE of 15.11, its P/S ratio of 0.83, and its decent dividend yield of 1.86%.
PGR: 26.92 (-0.05)
Why Progressive (PGR) Stock Might be a Great Pick - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Dec 22, 7:30AM CST
Progressive is one stock that might be an intriguing choice for investors as it is seeing solid earnings estimate revision and has Zacks Industry rank of 52
PGR: 26.92 (-0.05)
Progressive Announces Annual Dividend Information
Thomson Reuters ONE - Fri Dec 19, 1:19PM CST
PGR: 26.92 (-0.05)
ACE to Boost Personal Lines for Wealthy with Fireman's Fund - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Dec 19, 12:00PM CST
ACE Limited (ACE) has inked a deal to buy Fireman's Fund, a high net worth personal lines insurance business in the U.S. $365 million from German insurer Allianz.
PGR: 26.92 (-0.05), ACE: 116.03 (-0.18), KMPR: 36.20 (+0.04), XL: 34.26 (-0.11)
XL Group in Talks to Buy Catlin, Increases Alternative Capital - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Dec 18, 5:52PM CST
XL Group plc (XL) is in talk with Catlin Group Ltd. (CGL.L) to acquire the latter and form a combined entity.
PGR: 26.92 (-0.05), AWH: 37.82 (+0.11), KMPR: 36.20 (+0.04), XL: 34.26 (-0.11)
Why Insurance Stocks Will Outperform
Quantified Alpha - Seeking Alpha - Thu Dec 18, 10:09AM CST
A) Introduction With the prospect of rising interest rates on the horizon, insurance stocks look poised to reap higher returns on their float and profit accordingly. This article will be a statistical top-down analysis of the industry group,...
STFC: 23.53 (+0.43), SAFT: 63.15 (-0.20), PRU: 91.45 (-0.03), MET: 54.86 (-0.15), AON: 96.52 (-0.15), LNC: 58.58 (-0.10), MMC: 58.32 (-0.07), PGR: 26.92 (-0.05), AGII: 55.18 (+0.55), FFG: 56.38 (+0.12), AMSF: 42.19 (+0.07), AIZ: 69.17 (-0.06), PFG: 53.07 (-0.25), ERIE: 90.77 (+0.37), NAVG: 72.80 (+0.17), UNM: 35.30 (-0.12), AFL: 61.94 (unch), IPCC: 76.10 (+1.06), PTP: 73.65 (-0.03)
A.M. Best Places Ratings of American Strategic Insurance Corp and Its Affiliates Under Review With Positive Implications
Business Wire - Thu Dec 18, 8:35AM CST
A.M. Best has placed under review with positive implications the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of "a" of American Strategic Insurance Corp (ASI) (St. Petersburg, FL) and its affiliates following the announcement that The Progressive Corporation (Progressive)(NYSE
GR) has agreed to acquire a controlling position in ARX Holding Corp., the parent company of ASI and its affiliates, for approximately $875 million in cash. Following the close of the transaction, Progressive's interest in the company will be approximately 67%, up from the 5% interest it's held since 2012. ASI will continue to operate as a separate company under its current management team and will benefit from its association with one of the leading personal automobile writers in the United States. The transaction is expected to close by April 1, 2015, subject to closing conditions. PGR: 26.92 (-0.05)
A.M. Best Affirms Ratings of The Progressive Corporation and Its Subsidiaries; Comments on Announced Acquisition of ARX Holdings
Business Wire - Thu Dec 18, 8:18AM CST
A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of "aa" of the members of Progressive Agency Pool, Progressive Direct Pool and Progressive Commercial Auto Group (collectively known as Progressive). A.M. Best also has affirmed the FSR of A (Excellent) and ICR of "a+" of National Continental Insurance Company. Additionally, A.M. Best has affirmed the ICR of "a" and all debt ratings of the parent holding company, The Progressive Corporation [NYSE: PGR]. The outlook for all ratings is stable. All companies are headquartered in Mayfield Village, OH. (See below for a detailed listing of the companies and ratings.)
PGR: 26.92 (-0.05)
Progressive to Insure Home & Auto with ARX Majority Stake - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 17, 5:10PM CST
Progressive (PGR) inked a deal to buy the majority stake in ARX Holding Corp., the parent company of American Strategic Insurance (ASI) and its affiliates, for $875 million cash.
PGR: 26.92 (-0.05), AJG: 47.45 (-0.03), AWH: 37.82 (+0.11), KMPR: 36.20 (+0.04)
Is A Dividend Cut The End Of The World? Analysis Of Dividend-Cutting Companies, Part I
On2Freedom - at Seeking Alpha - Wed Dec 17, 5:04PM CST
KOF: 88.19 (-0.45), RF: 10.67 (+0.01), BBT: 39.11 (-0.13), LM: 54.51 (-0.30), DX: 8.53 (-0.03), GEF.B: 48.75 (-0.45), PGR: 26.92 (-0.05), ONB: 14.82 (-0.07), KGC: 2.70 (+0.11), CHEV: 13.70 (-0.18), EOC: 44.91 (+0.22), ORRF: 16.40 (-0.26), NPBC: 10.46 (-0.09), AVP: 9.22 (-0.07), STT: 80.07 (-0.26), PBI: 25.22 (+0.07), BWP: 17.53 (-0.14), PFE: 31.42 (-0.03), OFC: 28.63 (-0.28), ASBC: 18.42 (+0.12), LNC: 58.58 (-0.10), HCBK: 10.18 (-0.07), LZB: 26.55 (+0.06), STBA: 29.69 (-0.15), PEBO: 25.99 (-0.11), AZN: 70.44 (+0.26), STI: 42.43 (-0.18), MCD: 93.83 (-0.39), CVX: 113.47 (-0.48), FULT: 12.40 (-0.12), NE: 17.05 (-0.56), CEQP: 7.03 (-0.18), GE: 25.83 (-0.05), INFY: 31.74 (-0.31), KEY: 14.01 (-0.05), FNB: 13.22 (-0.10), LSBK: 13.50 (unch), JNJ: 104.59 (+0.31), KIM: 25.78 (-0.06), ACI: 1.78 (+0.01), SNP: 80.74 (-0.60), CHL: 59.15 (-0.02), SNV: 26.83 (-0.05), AVY: 52.15 (-0.08), SUSQ: 13.43 (+0.01), CMA: 46.60 (+0.13), HBOS: 25.74 (+0.06), KO: 42.94 (-0.03), FITB: 20.59 (+0.01), SVU: 9.71 (+0.01), GTY: 18.13 (-0.08), BAC: 17.98 (+0.05), NPK: 58.35 (-1.07), MAS: 25.17 (-0.14), IRET: 8.46 (-0.11), GCI: 31.68 (-0.20), CEO: 135.38 (-1.31), FUN: 47.85 (+0.44), PG: 93.14 (-0.15)
Fitch Affirms Progressive's Ratings Following ARX Controlling Interest Acquisition
Business Wire - Wed Dec 17, 11:45AM CST
Fitch Ratings has affirmed the Progressive Corporation's (NYSE: PGR) Issuer Default Rating (IDR) of 'A+', senior debt ratings of 'A', and junior debt rating of 'BBB+'. Fitch also affirms Progressive's operating subsidiaries' Insurer Financial Strength (IFS) rating at 'AA'. A complete list of ratings follows the end of the release. The Rating Outlook is Stable.
PGR: 26.92 (-0.05)
Flexpoint Ford sells its stake in American Strategic Insurance as Progressive acquires controlling interest
PR Newswire - Wed Dec 17, 11:34AM CST
Flexpoint Ford, LLC (Flexpoint), a private equity firm focused on the financial services and healthcare sectors, today announced that it has agreed to sell its minority stake in ARX Holding Corp., the parent company of American Strategic Insurance Corp. (ASI) to The Progressive Corporation (NYSE: PGR) as part of a broader transaction in which Progressive will acquire a controlling interest in ASI.
PGR: 26.92 (-0.05)
Progressive Expands in Home Insurance With Increased ARX Stake
at The Street - Wed Dec 17, 8:32AM CST
The car insurance provider is buying a majority stake in home insurance provider ARX Holding for $875 million, broadening the insurance company's offerings.
PGR: 26.92 (-0.05), BRK.A: 226,515.00 (-1,115.00), ALL: 70.69 (-0.06), XL: 34.26 (-0.11)
Progressive (PGR) Crosses Pivot Point Support at $25.94
Comtex SmarTrend(R) - Tue Dec 16, 9:00AM CST
Progressive (NYSE
GR) has opened bearishly below the pivot of $26.27 today and has reached the first level of support at $25.94. Investors may be interested in a cross of the next downside pivot targets of $25.64 and $25.01. PGR: 26.92 (-0.05)
Progressive to take majority stake in home insurance provider
Seeking Alpha - at Seeking Alpha - Tue Dec 16, 7:45AM CST
PGR: 26.92 (-0.05)
Progressive Announces Acquisition
Thomson Reuters ONE - Tue Dec 16, 7:35AM CST
PGR: 26.92 (-0.05)
One Reason Progressive Corp. (PGR) Stock Is Higher Today
at The Street - Thu Dec 11, 12:22PM CST
Shares of Progressive Corp. (PGR) are up as a higher Gainshare factor suggests a favorable dividend announcement.
PGR: 26.92 (-0.05)
