Progressive (PGR) Stock Price, News & Analysis

Company Overview

Progressive Corporation is an insurance holding company that provides personal and commercial insurance products in the United States. Its primary business is automobile insurance, serving consumers through direct channels, independent agents and other distribution partners.

The company offers coverage for personal vehicles, motorcycles, recreational vehicles, boats and other specialty vehicles. Its personal insurance portfolio also includes homeowners, renters, condominium and other property coverage, while its commercial business provides insurance for commercial vehicles and related risks. Progressive also uses technology, including usage-based insurance programs such as Snapshot, to help evaluate driving behavior and support personalized auto-insurance offerings.

Progressive was founded in 1937 by Joseph M. Lewis and Jack Green and is headquartered in Mayfield Village, Ohio. The company serves customers throughout the United States and has built its business through a combination of direct-to-consumer operations, digital platforms and a broad network of independent insurance agents.

Key Stats

• Today's Range: $211.34 to $213.66
• 50-Day Range: $201.85 to $223.90
• 52-Week Range: $189.20 to $245.64
• Volume: 2.39 million shs
• Average Volume: 3.10 million shs
• Market Capitalization: $123.37 billion
• P/E Ratio: 10.64
• Dividend Yield: 0.19%
• Price Target: $235.37
• Consensus Rating: Hold

Progressive Stock Analysis - MarketRank™

Progressive scored higher than 66% of companies evaluated by MarketBeat, and ranked 463rd 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: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Progressive has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on no strong buy ratings, 7 buy ratings, 13 hold ratings, and 2 sell ratings.

Upside Potential

Progressive has a consensus price target of $235.37, representing about 10.9% upside from its current price of $212.24.

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: -10.16%

Earnings Growth

Earnings for Progressive are expected to decrease by -10.16% in the coming year, from $17.92 to $16.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Progressive is 10.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Progressive is 10.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.49.

Price to Earnings Growth Ratio

Progressive has a PEG Ratio of 2.31. 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 4.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.08% 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 3.39, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Progressive has recently increased by 3.70%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Progressive has a dividend yield of 0.19%, 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: 2.7 / 5
• News Sentiment: 0.30

News Sentiment

Progressive has a news sentiment score of 0.30. 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 lower news sentiment than the 0.58 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Progressive this week, compared to 8 articles on an average week.

Search Interest

Only 15 people have searched for PGR on MarketBeat in the last 30 days. This is a decrease of -29% 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 167% 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 $22,965,332.00 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
• Record date for 10/9 Dividend: 10/01/2026
• Ex-Dividend for 10/9 Dividend: 10/01/2026
• Today: 10/06/2026
• Dividend Payable: 10/09/2026
• Next Earnings (Estimated): 10/21/2026
• 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: $235.37
• High Price Target: $308.00
• Low Price Target: $200.00
• Potential Upside/Downside: +10.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.23
• Research Coverage: 22 Analysts

Profitability

• EPS (Trailing Twelve Months): $19.94
• Trailing P/E Ratio: 10.64
• Forward P/E Ratio: 11.84
• P/E Growth: 2.31
• 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: $91.02 billion
• Price / Sales: 1.36
• Cash Flow: $18.80 per share
• Price / Cash Flow: 11.29
• Book Value: $51.71 per share
• Price / Book: 4.10

Miscellaneous

• Outstanding Shares: 581,372,000
• Free Float: 579,512,000
• Market Cap: $123.37 billion
• Optionable: Optionable
• Beta: 0.25