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Progressive (NYSE:PGR) has outperformed the market over the past 15 years by 6.63% on an annualized basis producing an average annual return of 19.4%. Currently, Progressive has a market capitalization of $123.01 billion.
Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 15 years ago, it would be worth $14,979.00 today based on a price of $210.03 for PGR at the time of writing.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: PGR