Q2 Earnings Estimate for Progressive Issued By Roth Capital

The Progressive Corporation (NYSE:PGR - Free Report) - Investment analysts at Roth Capital increased their Q2 2025 EPS estimates for shares of Progressive in a report released on Monday, June 23rd. Roth Capital analyst H. Fong now forecasts that the insurance provider will post earnings of $4.37 per share for the quarter, up from their prior estimate of $3.96. The consensus estimate for Progressive's current full-year earnings is $14.68 per share. Roth Capital also issued estimates for Progressive's Q3 2025 earnings at $3.73 EPS, Q4 2025 earnings at $3.94 EPS, FY2025 earnings at $16.70 EPS, Q1 2026 earnings at $3.86 EPS, Q2 2026 earnings at $3.86 EPS, Q3 2026 earnings at $4.01 EPS, Q4 2026 earnings at $4.07 EPS and FY2026 earnings at $15.80 EPS.

Progressive (NYSE:PGR - Get Free Report) last posted its earnings results on Wednesday, April 16th. The insurance provider reported $4.65 earnings per share for the quarter, beating analysts' consensus estimates of $4.28 by $0.37. Progressive had a return on equity of 33.50% and a net margin of 11.10%. The company had revenue of $22.21 billion for the quarter, compared to analyst estimates of $21.87 billion.

Other analysts also recently issued research reports about the stock. Morgan Stanley set a $330.00 target price on shares of Progressive and gave the company an "overweight" rating in a report on Monday, May 19th. Wells Fargo & Company increased their price objective on shares of Progressive from $328.00 to $333.00 and gave the company an "overweight" rating in a research note on Friday, June 20th. BMO Capital Markets lifted their target price on shares of Progressive from $282.00 to $288.00 and gave the stock an "outperform" rating in a research report on Thursday, April 17th. UBS Group upped their target price on Progressive from $285.00 to $291.00 and gave the company a "neutral" rating in a report on Wednesday, May 28th. Finally, Jefferies Financial Group decreased their price target on Progressive from $327.00 to $319.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $288.88.

Progressive Stock Down 0.8%

NYSE:PGR traded down $2.00 during trading hours on Tuesday, hitting $264.01. 411,888 shares of the company traded hands, compared to its average volume of 2,705,921. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.24. The company has a market cap of $154.77 billion, a PE ratio of 17.78, a PEG ratio of 1.64 and a beta of 0.40. The firm's 50-day simple moving average is $274.89 and its 200-day simple moving average is $264.58. Progressive has a one year low of $204.88 and a one year high of $292.99.

Insider Activity

In related news, CFO John P. Sauerland sold 10,000 shares of the business's stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $275.94, for a total value of $2,759,400.00. Following the sale, the chief financial officer now directly owns 258,024 shares in the company, valued at approximately $71,199,142.56. The trade was a 3.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Steven Broz sold 1,267 shares of the stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $260.38, for a total transaction of $329,901.46. Following the transaction, the insider now owns 27,621 shares of the company's stock, valued at $7,191,955.98. This represents a 4.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 42,705 shares of company stock valued at $11,572,448 in the last 90 days. Insiders own 0.33% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PGR. Highline Wealth Partners LLC boosted its holdings in shares of Progressive by 114.0% in the first quarter. Highline Wealth Partners LLC now owns 92 shares of the insurance provider's stock worth $26,000 after acquiring an additional 49 shares during the period. TruNorth Capital Management LLC lifted its holdings in Progressive by 210.0% during the 1st quarter. TruNorth Capital Management LLC now owns 93 shares of the insurance provider's stock worth $26,000 after purchasing an additional 63 shares in the last quarter. HWG Holdings LP bought a new position in Progressive in the 1st quarter worth about $28,000. Minot DeBlois Advisors LLC bought a new position in Progressive in the 4th quarter worth about $28,000. Finally, Garde Capital Inc. purchased a new position in Progressive during the 1st quarter valued at about $33,000. 85.34% of the stock is currently owned by hedge funds and other institutional investors.

Progressive Company Profile

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related 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.