NYSE:PGR - Progressive Stock Price, Forecast & News

Progressive trades on the New York Stock Exchange (NYSE) under the ticker symbol "PGR."

Progressive declared a quarterly dividend on Thursday, February 20th. Shareholders of record on Tuesday, April 7th will be given a dividend of $0.10 per share on Wednesday, April 15th. This represents a $0.40 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date is Monday, April 6th. View Progressive's Dividend History.

Progressive Corp (NYSE:PGR) posted its quarterly earnings results on Wednesday, January, 29th. The insurance provider reported $1.81 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.14 by $0.67. The insurance provider had revenue of $9.59 billion for the quarter, compared to analyst estimates of $8.89 billion. Progressive had a return on equity of 30.68% and a net margin of 10.17%. Progressive's quarterly revenue was up 20.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.44 EPS. View Progressive's Earnings History.

Progressive is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for Progressive.

13 analysts have issued 12-month target prices for Progressive's shares. Their forecasts range from $59.00 to $96.00. On average, they expect Progressive's stock price to reach $82.23 in the next year. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets for Progressive.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Progressive in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Progressive.

Media stories about PGR stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Progressive earned a news impact score of -3.0 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Progressive.

Progressive saw a increase in short interest in January. As of January 31st, there was short interest totalling 5,920,000 shares, an increase of 19.4% from the January 15th total of 4,960,000 shares. Based on an average daily trading volume, of 3,350,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.0% of the shares of the stock are short sold. View Progressive's Current Options Chain.

Some companies that are related to Progressive include Berkshire Hathaway (BRK.B), Allstate (ALL), Travelers Companies (TRV), Arch Capital Group (ACGL), Markel (MKL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Cna Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG), Axis Capital (AXS) and Assured Guaranty (AGO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Progressive investors own include Cisco Systems (CSCO), Home Depot (HD), Mastercard (MA), NVIDIA (NVDA), Paypal (PYPL), UnitedHealth Group (UNH), CVS Health (CVS), Walt Disney (DIS), Alibaba Group (BABA) and Mcdonald's (MCD).

Progressive's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (4.46%), Janus Henderson Group PLC (2.07%), Geode Capital Management LLC (1.79%), Alliancebernstein L.P. (1.78%), Amundi Pioneer Asset Management Inc. (1.30%) and Artisan Partners Limited Partnership (1.25%). Company insiders that own Progressive stock include Barbara R Snyder, Dyke Kahina Van, Jeffrey W Basch, John A Barbagallo, John Jo Murphy, John P Sauerland, M Jeffrey Charney, Michael D Sieger, Steven Broz, Susan Patricia Griffith and William M Cody. View Institutional Ownership Trends for Progressive.

PGR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Artisan Partners Limited Partnership, Goldman Sachs Group Inc., California Public Employees Retirement System, Hexavest Inc., Bank of Montreal Can, Smith Asset Management Group LP and AQR Capital Management LLC. Company insiders that have sold Progressive company stock in the last year include Dyke Kahina Van, John A Barbagallo, John Jo Murphy, John P Sauerland, M Jeffrey Charney, Michael D Sieger, Steven Broz and Susan Patricia Griffith. View Insider Buying and Selling for Progressive.

PGR stock was acquired by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Parnassus Investments CA, Boston Partners, Madison Asset Management LLC, Ceredex Value Advisors LLC, Victory Capital Management Inc., River Road Asset Management LLC and Victory Capital Management Inc.. View Insider Buying and Selling for Progressive.

Shares of PGR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PGR stock can currently be purchased for approximately $80.97.

Progressive has a market capitalization of $47.34 billion and generates $39.02 billion in revenue each year. The insurance provider earns $3.97 billion in net income (profit) each year or $6.72 on an earnings per share basis. Progressive employs 37,346 workers across the globe.View Additional Information About Progressive.

The official website for Progressive is http://www.progressive.com/.

Progressive's mailing address is 6300 Wilson Mills Road, Mayfield Village OH, 44143. The insurance provider can be reached via phone at 440-461-5000.