Progressive Corp. (PGR)
NYSE:PGR
Want to see PGR full AI Analyst Report?
PGR Stock Chart & Stats
$202.58
$4.69(1.94%)
At close: 4:00 PM EST
$202.58
$4.69(1.94%)
Day’s Range― - ―
52-Week Range$192.02 - $289.96
Previous CloseN/A
Volume867.77K
Average Volume (3M)2.97M
Market Cap
$116.55B
Enterprise Value$124.77B
Total Cash (Recent Filing)$90.14B
Total Debt (Recent Filing)$8.39B
Price to Earnings (P/E)10.3
Beta0.58
Next Earnings
Jul 22, 2026EPS Estimate
3.8Next Dividend Ex-DateN/A
Dividend Yield2.2%
Share Statistics
EPS (TTM)19.72
Shares Outstanding584,962,800
10 Day Avg. Volume2,894,572
30 Day Avg. Volume2,966,897
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)4.40
Price to Sales (P/S)1.52
P/FCF Ratio7.76
Enterprise Value/Market Cap1.07
Enterprise Value/Revenue1.40
Enterprise Value/Gross Profit4.91
Enterprise Value/Ebitda8.28
Forecast
1Y Price Target
$229.94Price Target Upside13.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
EPS Forecast (FY)16.32
Revenue Forecast (FY)$89.15B
Bulls Say, Bears Say
Bulls Say
Personal Auto MarginsDecelerating auto inflation and stronger-than-expected personal auto profitability and premium growth are sustaining margins and bolstering operating earnings.
Productivity & TechnologyAnalyst expects AI-driven productivity gains and advanced technology to limit underwriting deterioration during soft pricing cycles, supporting improved profitability and a more favorable valuation view.
Reserve Releases & Expense TrendOngoing meaningful reserve releases are reducing expense pressure and signal a more benign trend in loss inflation, which supports steadier underwriting results.
Bears Say
Capital Allocation & Financial RiskConsistent sizable share repurchases that may be funded with additional debt raise concerns about higher financial leverage and potential pressure on earnings per share.
Loss Ratio DeteriorationAnalyst highlights an increasing underlying loss ratio driven mainly by weakness in the personal auto business, which could pressure future underwriting margins.
Policy Growth & Pricing PressureSlower policy count growth and weaker-than-expected pricing reduce top-line expansion and constrain premium revenue prospects.
Progressive News
PGR FAQ
What was Progressive Corp.’s price range in the past 12 months?
Progressive Corp. lowest stock price was $192.02 and its highest was $289.96 in the past 12 months.
What is Progressive Corp.’s market cap?
Progressive Corp.’s market cap is $116.55B.
When is Progressive Corp.’s upcoming earnings report date?
Progressive Corp.’s upcoming earnings report date is Jul 22, 2026 which is in 78 days.
How were Progressive Corp.’s earnings last quarter?
Progressive Corp. released its earnings results on Apr 15, 2026. The company reported $4.596 earnings per share for the quarter, missing the consensus estimate of $4.853 by -$0.257.
Is Progressive Corp. overvalued?
According to Wall Street analysts Progressive Corp.’s price is currently Undervalued.
Does Progressive Corp. pay dividends?
Progressive Corp. pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 2.2%. See more information on Progressive Corp. dividends here
What is Progressive Corp.’s EPS estimate?
Progressive Corp.’s EPS estimate is 3.8.
How many shares outstanding does Progressive Corp. have?
Progressive Corp. has 584,962,800 shares outstanding.
What happened to Progressive Corp.’s price movement after its last earnings report?
Progressive Corp. reported an EPS of $4.596 in its last earnings report, missing expectations of $4.853. Following the earnings report the stock price went up 2.36%.
Which hedge fund is a major shareholder of Progressive Corp.?
Currently, no hedge funds are holding shares in PGR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Progressive Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$229.94 (13.50% Upside)
$229.94 (13.50% Upside)
Blogger Sentiment
Bullish
PGR Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 227.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $404.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Very Bullish
Bullish news 86%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.73%
12-Months-Change
Fundamentals
Return on Equity
35.45%
Trailing 12-Months
Asset Growth
10.83%
Trailing 12-Months
Company Description
Progressive Corp.
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
PGR Company Deck
PGR Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized a very strong 2025 characterized by exceptional growth and profitability: ~ $9B net premiums written, ~3.7M new policies, comprehensive income near $13B, comprehensive ROE ~40%, and investment portfolio returns of 7.33%. Management reinforced disciplined capital and investment policies (variable dividend of $13.50/share, targeted leverage <30%, conservative investment guidelines) while pursuing growth via higher operating leverage and strategic initiatives (Three Horizons, product diversification, AI/UBI). Notable challenges were acknowledged but comparatively smaller in scale: Florida rate cuts and a $1.2B policyholder credit, softer personal-line premium growth in parts of the year, trucking headwinds, and areas of BI severity to watch. Overall, the positives (substantial growth, industry-leading returns, strong investment performance, and active capital returns) outweigh the highlighted risks and operational headwinds.View all PGR earnings summariesPGR Stock 12 Month Forecast
Average Price Target
$229.94
▲(13.50% Upside)
Technical Analysis
Chubb
―
Allstate
―
Cincinnati Financial
―
Travelers Companies
―
W. R. Berkley Corporation
―
Ownership Overview
0.25% Insiders
25.91% Mutual Funds
4.16% Other Institutional Investors
46.75% Public Companies and Individual Investors