'Big Short'-Fame Investor Steve Eisman Says 'Good Time To Buy' This 'Pretty Inexpensive' Insurance Stock: 'You Will Make Money Over Time'
Nov 24, 2025, 7:36 AM EST1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Eisman's endorsement reflects confidence in PGR’s valuation and future growth potential, akin to how other undervalued stocks have rebounded historically.
AI summary
What happened, with direct paths to the underlying reporting
Investor Steve Eisman sees Progressive Corp. (PGR) as undervalued. PGR's competitive position allows for gradual market share growth. Despite recent earnings misses, analysts maintain mixed outlook on PGR. Current trading at 13.5 times consensus earnings estimate supports buying. Eisman notes importance of patience for long-term gains in PGR.
Investor Steve Eisman sees Progressive Corp. (PGR) as undervalued.
PGR's competitive position allows for gradual market share growth.
Despite recent earnings misses, analysts maintain mixed outlook on PGR.
Current trading at 13.5 times consensus earnings estimate supports buying.
Eisman notes importance of patience for long-term gains in PGR.
How to read this signal
Transparent limits for an AI-generated research aid
StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.
Related signals
More source-backed signals connected by company or event
Progressive reported results for the month ended June 30, 2026. Net premiums written rose 3% year over year to $6.77B in June and 5% for the June quarter to $21.08B, while net inc…
Progressive (PGR) reported Q1 earnings of $4.96 per share, surpassing expectations, while net income rose 10%. The growth in policies and improved combined ratio suggest potential…
Progressive reported operating earnings per share of $18.27 for 2025, significantly above the $15.58 consensus estimate, indicating solid growth in personal auto policies. However…
Progressive Corp (PGR) announced fourth-quarter results that exceeded analysts' expectations, highlighting improved profitability. This positive earnings performance is likely to…