Progressive (PGR) Stock Price, News & Analysis

Company Overview

Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders.

The company distributes its products through a mix of direct channels—online and by phone—and an extensive independent agent network. Progressive has been an early adopter of technology and data analytics in insurance, deploying telematics and usage-based insurance programs to price risk more dynamically and offering digital tools and mobile apps to support sales, servicing and claims. Its operations serve customers across the United States and in Canada.

Founded in 1937 and headquartered in Ohio, Progressive has grown into one of the better-known U.S. insurers through an emphasis on product diversification and technology-driven underwriting. Tricia Griffith serves as the company’s chief executive officer, leading Progressive’s strategy in personal and commercial P&C insurance, distribution innovation and digital transformation. The company’s public profile reflects its long-standing role in the broader insurance market and its focus on customer acquisition, pricing innovation and claims efficiency.

Key Stats

• Today's Range: $218.16 to $221.54
• 50-Day Range: $203.40 to $234.84
• 52-Week Range: $189.20 to $252.82
• Volume: 1.89 million shs
• Average Volume: 2.55 million shs
• Market Capitalization: $127.58 billion
• P/E Ratio: 11.01
• Dividend Yield: 0.18%
• Price Target: $236.05
• Consensus Rating: Hold

Progressive Stock Analysis - MarketRank™

Progressive scored higher than 81% of companies evaluated by MarketBeat, and ranked 297th out of 836 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.7 / 5
• Analyst Rating: Hold

Consensus Rating

Progressive has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on no strong buy ratings, 7 buy ratings, 14 hold ratings, and 2 sell ratings.

Upside/Downside

The consensus price target for Progressive is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Progressive has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -8.40%

Earnings Growth

Earnings for Progressive are expected to decrease by -8.40% in the coming year, from $17.62 to $16.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Progressive is 11.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.71.

Price to Earnings Ratio vs. Sector

The P/E ratio of Progressive is 11.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.61.

Price to Earnings Growth Ratio

Progressive has a PEG Ratio of 2.96. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Progressive has a P/B Ratio of 3.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.39% of the float of Progressive has been sold short.

Short Interest Ratio / Days to Cover

Progressive has a short interest ratio ("days to cover") of 2.72, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Progressive has recently decreased by 15.96%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Progressive has a dividend yield of 0.18%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Progressive does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Progressive is 2.01%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Progressive will have a dividend payout ratio of 2.48% next year. This indicates that Progressive will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.6 / 5
• News Sentiment: 1.31

News Sentiment

Progressive has a news sentiment score of 1.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.86 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 56 news articles for Progressive this week, compared to 10 articles on an average week.

Search Interest

24 people have searched for PGR on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

8 people have added Progressive to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Progressive insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,416,438.00 in company stock.

Percentage Held by Insiders

0.32% of the stock of Progressive is held by insiders.

Percentage Held by Institutions

85.34% of the stock of Progressive is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/10 Dividend: 7/02/2026
• Ex-Dividend for 7/10 Dividend: 7/02/2026
• Dividend Payable: 7/10/2026
• Last Earnings: 7/15/2026
• Today: 8/22/2026
• Record date for 10/9 Dividend: 10/01/2026
• Ex-Dividend for 10/9 Dividend: 10/01/2026
• Dividend Payable: 10/09/2026
• Next Earnings (Estimated): 10/14/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Insurance
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NYSE:PGR
• CIK: 80661
• Web: www.progressive.com
• Phone: (440) 461-5000
• Fax: 440-446-7436
• Employees: 70,053
• Year Founded: 1937

Price Target and Rating

• Average Price Target for Progressive: $236.05
• High Price Target: $308.00
• Low Price Target: $200.00
• Potential Upside/Downside: +7.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.22
• Research Coverage: 23 Analysts

Profitability

• EPS (Trailing Twelve Months): $19.94
• Trailing P/E Ratio: 11.01
• Forward P/E Ratio: 12.45
• P/E Growth: 2.96
• Net Income: $11.31 billion
• Net Margins: 12.84%
• Pretax Margin: 16.23%
• Return on Equity: 32.92%
• Return on Assets: 8.85%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 0.29
• Quick Ratio: 0.29

Sales & Book Value

• Annual Sales: $87.67 billion
• Price / Sales: 1.46
• Cash Flow: $18.55 per share
• Price / Cash Flow: 11.83
• Book Value: $59.06 per share
• Price / Book: 3.72

Miscellaneous

• Outstanding Shares: 581,370,000
• Free Float: 579,512,000
• Market Cap: $127.58 billion
• Optionable: Optionable
• Beta: 0.27