What is Geico Insurance Stock?
Geico Insurance Stock is a publicly traded stock that is part of the Berkshire Hathaway family of companies. Geico is an auto insurance company that provides coverage to millions of customers throughout the United States. Geico has been in business since 1936 and is well known for its low rates and excellent customer service.
What is the Stock Price of Geico Insurance?
The current stock price of Geico Insurance as of March 2021 is $292.17 per share. The stock is traded on the New York Stock Exchange under the ticker symbol BRK.A.
What is the Financial Performance of Geico Insurance?
Geico has consistently reported strong financial performance over the years. In 2020, the company reported net income of $8.1 billion, an increase of 4.6% from the previous year. The company also reported a return on equity of 44.7%, which is significantly higher than the industry average.
What is the Dividend Yield of Geico Insurance?
Geico does not currently offer a dividend to its shareholders. The company has not paid out a dividend since 1998.
What is the Outlook for Geico Insurance Stock?
The outlook for Geico Insurance stock is generally positive. The company is well-positioned to benefit from the accelerating shift towards digital insurance products. The company also has a strong financial position that should enable the company to continue to invest in its growth initiatives.
Geico Insurance Stock FAQs
What is Geico Insurance Stock?
Geico Insurance Stock is a publicly traded stock that is part of the Berkshire Hathaway family of companies. Geico is an auto insurance company that provides coverage to millions of customers throughout the United States.
What is the Stock Price of Geico Insurance?
The current stock price of Geico Insurance as of March 2021 is $292.17 per share. The stock is traded on the New York Stock Exchange under the ticker symbol BRK.A.
What is the Financial Performance of Geico Insurance?
Geico has consistently reported strong financial performance over the years. In 2020, the company reported net income of $8.1 billion, an increase of 4.6% from the previous year. The company also reported a return on equity of 44.7%, which is significantly higher than the industry average.
What is the Dividend Yield of Geico Insurance?
Geico does not currently offer a dividend to its shareholders. The company has not paid out a dividend since 1998.
What is the Outlook for Geico Insurance Stock?
The outlook for Geico Insurance stock is generally positive. The company is well-positioned to benefit from the accelerating shift towards digital insurance products. The company also has a strong financial position that should enable the company to continue to invest in its growth initiatives.