$1000 Invested In Progressive 5 Years Ago Would Be Worth This Much Today

Progressive PGR has outperformed the market over the past 5 years by 11.55% on an annualized basis producing an average annual return of 19.28%. Currently, Progressive has a market capitalization of $85.34 billion.

Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 5 years ago, it would be worth $2,470.34 today based on a price of $145.79 for PGR at the time of writing.

Progressive’s Performance Over Last 5 Years

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.

This post was originally published on this site

Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 5 years ago, it would be worth $2,470.34 today based on a price of $145.79 for PGR at the time of writing.

Progressive’s Performance Over Last 5 Years

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.

This post was originally published on this site