NYSE:PGR - Progressive Stock Price, Price Target & More

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

Progressive declared an annual dividend on Friday, December 8th. Investors of record on Friday, February 2nd will be paid a dividend of $1.125 per share on Friday, February 9th. This represents a yield of 1.85%. The ex-dividend date of this dividend is Thursday, February 1st. View Progressive's Dividend History.

Progressive Corp (NYSE:PGR) issued its quarterly earnings results on Tuesday, July, 17th. The insurance provider reported $1.19 earnings per share for the quarter, topping analysts' consensus estimates of $1.08 by $0.11. The insurance provider had revenue of $8.10 billion for the quarter, compared to analysts' expectations of $8.01 billion. Progressive had a return on equity of 21.57% and a net margin of 7.57%. The business's quarterly revenue was up 20.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.63 earnings per share. View Progressive's Earnings History.

Progressive is scheduled to release their next quarterly earnings announcement on Tuesday, October, 16th 2018. View Earnings Estimates for Progressive.

12 analysts have issued 1 year target prices for Progressive's shares. Their forecasts range from $43.00 to $75.00. On average, they expect Progressive's stock price to reach $58.4167 in the next year. This suggests that the stock has a possible downside of 2.4%. View Analyst Ratings for Progressive.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Progressive in the last year. There are currently 2 sell ratings, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Progressive include Chubb (CB), American International Group (AIG), Tokio Marine Holdings, Inc. Sponsored ADR common stock (TKOMY), Travelers Companies (TRV), Allstate (ALL), Hartford Financial Services Group (HIG), Ms&Ad Insurance Group (MSADY), Markel (MKL), Loews (L), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), XL Group (XL), Cna Financial (CNA), Arch Capital Group (ACGL), Cincinnati Financial (CINF) and American Financial Group (AFG).

Press coverage about PGR stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Progressive earned a daily sentiment score of 0.20 on Accern's scale. They also assigned headlines about the insurance provider an impact score of 49.55 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Progressive's stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.39%), Confluence Investment Management LLC (0.35%), Fred Alger Management Inc. (0.33%), Chicago Capital LLC (0.09%), ZWJ Investment Counsel Inc. (0.06%) and Patten & Patten Inc. TN (0.05%). Company insiders that own Progressive stock include Jeffrey D Kelly, Jeffrey W Basch, John Jo Murphy, John P Sauerland, M Jeffrey Charney, Michael D Sieger, Steven Broz, Susan Patricia Griffith, Valerie A Krasowski 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 Assenagon Asset Management S.A., Hartford Investment Management Co., Hennessy Advisors Inc., Central Bank & Trust Co., LS Investment Advisors LLC, Municipal Employees Retirement System of Michigan, Oakbrook Investments LLC and Fisher Asset Management LLC. Company insiders that have sold Progressive company stock in the last year include Jeffrey W Basch, John Jo Murphy, John P Sauerland, M Jeffrey Charney, Steven Broz, Susan Patricia Griffith and William M Cody. View Insider Buying and Selling for Progressive.

PGR stock was acquired by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Chicago Capital LLC, Clinton Group Inc., Confluence Investment Management LLC, Capital One National Association, Cornerstone Wealth Management LLC, ZWJ Investment Counsel Inc. and V Wealth Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of PGR stock can currently be purchased for approximately $59.83.

Progressive has a market capitalization of $34.84 billion and generates $26.84 billion in revenue each year. The insurance provider earns $1.59 billion in net income (profit) each year or $2.63 on an earnings per share basis. Progressive employs 33,656 workers across the globe.

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.