Here's How Much $1000 Invested In Progressive 20 Years Ago Would Be Worth Today
Benzinga Insights 1 week ago
Trading IdeasNews
Progressive (NYSE:PGR) has outperformed the market over the past 20 years by 2.94% on an annualized basis producing an average annual return of 11.88%. Currently, Progressive has a market capitalization of $128.81
Progressive (NYSE:PGR) has outperformed the market over the past 20 years by 2.94% on an annualized basis producing an average annual return of 11.88%. Currently, Progressive has a market capitalization of $128.81 billion.
Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 20 years ago, it would be worth $9,337.97 today based on a price of $228.08 for PGR at the time of writing.
Progressive’s Performance Over Last 20 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.