US OptionsDetailed Quotes
PGR240920C235000
- 20.55
- -1.50-6.80%
15min DelayClose Sep 17 16:00 ET
20.80High20.55Low
20.80Open22.05Pre Close4 Volume222 Open Interest235.00Strike Price8.25KTurnover64.84%IV-0.53%PremiumSep 20, 2024Expiry Date21.91Intrinsic Value100Multiplier2DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.9547Delta0.0069Gamma11.55Leverage Ratio-0.2350Theta0.0153Rho11.02Eff Leverage0.0203Vega
Progressive Stock Discussion
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Financial stocks were once not favored by many investors, but this seems to be changing. The S&P Financial Select Sector Index has risen about 21% so far this year, outperforming the $S&P 500 Index (.SPX.US)$'s gain of 15.73%.
Source: S&P Global
According to Dave Donabedian, the CIO of CIBC’s private wealth division, “sticky money is flowing into the sector for the first time in a long time.” The reasons for this, he says, include investors looki...
Source: S&P Global
According to Dave Donabedian, the CIO of CIBC’s private wealth division, “sticky money is flowing into the sector for the first time in a long time.” The reasons for this, he says, include investors looki...
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The auto insurance sector has outperformed other financial stocks this year. Among them, Progressive's stock price has risen by more than 30%. Buffett has repeatedly praised Progressive for its "discipline in underwriting," and said in an interview that the company "does a better job" than Berkshire Hathaway's Geico.
■ Auto insurance prices have increased significantly since the epidemic
Inf...
■ Auto insurance prices have increased significantly since the epidemic
Inf...
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The market participants seem to hold the company in higher regard given its growth track record. The strong share price momentum suggests that the company is doing better recently, which might present an investment opportunity.
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Josh Shanker argues Progressive's valuation is undervalued and set to increase significantly. He disputes the notion of overpriced shares, stating they align with historical and market multiples. He also believes consensus numbers are too low and the Street is lagging on Progressive's 2025 earnings forecasts.
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BofA Securities asserts Progressive's shares are fairly priced, trading within historical range. They believe consensus numbers underestimate the business's value. Their earnings per share forecast is 31% higher than consensus.
Analysts maintain their views on Progressive's business post-results, expecting it to outpace industry growth. The company's long-term earnings trajectory is deemed more crucial than next year's performance.
Progressive Planet's sale of the Kiln is a strategic move to bolster its balance sheet. The company's significant reduction of long-term debt over the past two years showcases its strong financial management.
Progressive Planet's PozGlass pilot plant construction marks a significant milestone. Their sustainable solutions could disrupt the construction industry and aid global sustainable housing needs.
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CHOKSK : yes, banking sector is good
104917721 : Wonder if the Fed reduces interest rate at the next meeting, will it negatively impact the finance companies’ earnings?
Alice Lim choo : good
alexander bull202 : hey stpp straling my moneg it for tge poepe yo damn imbisiles
74686361 : pointless