Progressive Holds Annual Shareholders Meeting, Approves Key Decisions

Progressive ( (PGR) ) has shared an update.

On May 9, 2025, The Progressive Corporation held its Annual Meeting of Shareholders, where 511,221,365 common shares were represented. During the meeting, shareholders elected eleven directors, approved the executive compensation program, and ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025. Additionally, the Board of Directors renewed the authorization to repurchase up to 25 million common shares and declared a quarterly dividend of ten cents per share, payable on July 11, 2025.

The most recent analyst rating on (PGR) stock is a Buy with a $235.00 price target. To see the full list of analyst forecasts on Progressive stock, see the PGR Stock Forecast page.

Spark’s Take on PGR Stock

According to Spark, TipRanks’ AI Analyst, PGR is a Outperform.

Progressive’s strong financial performance, highlighted by revenue growth and robust cash flow, underpins its solid stock score. The recent earnings call adds a positive outlook with record premium growth and strategic advancements. However, technical indicators suggest caution, and valuation metrics show the stock is fairly priced. Potential risks from tariff impacts on margins and policy retention issues should be monitored.

To see Spark’s full report on PGR stock, click here.

More about Progressive

Average Trading Volume: 3,295,107

Technical Sentiment Signal: Buy

Current Market Cap: $164.3B

See more insights into PGR stock on TipRanks’ Stock Analysis page.