The Progressive Stock Forecast, Price & News

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Progressive in the last twelve months. There are currently 3 sell ratings, 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" The Progressive stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PGR, but not buy additional shares or sell existing shares.
View analyst ratings for The Progressive or view top-rated stocks.

Wall Street analysts have given The Progressive a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Progressive wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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The Progressive is scheduled to release its next quarterly earnings announcement on Wednesday, April 21st 2021.
View our earnings forecast for The Progressive.

The Progressive Co. (NYSE:PGR) announced its quarterly earnings results on Monday, March, 1st. The insurance provider reported $1.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.67 by $0.16. The Progressive had a trailing twelve-month return on equity of 28.89% and a net margin of 12.13%.
View The Progressive's earnings history.

The Progressive's stock was trading at $75.11 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PGR stock has increased by 19.2% and is now trading at $89.56.
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The Progressive declared a quarterly dividend on Friday, March 5th. Stockholders of record on Wednesday, April 7th will be paid a dividend of $0.10 per share on Thursday, April 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.45%.
View The Progressive's dividend history.

The Progressive pays an annual dividend of $4.60 per share and currently has a dividend yield of 5.18%. PGR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The Progressive does not yet have a strock track record of dividend growth. The dividend payout ratio of The Progressive is 68.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, The Progressive will have a dividend payout ratio of 83.33% in the coming year. This indicates that The Progressive may not be able to sustain their current dividend.
View The Progressive's dividend history.

15 analysts have issued 12-month target prices for The Progressive's stock. Their forecasts range from $79.00 to $115.00. On average, they anticipate The Progressive's share price to reach $95.77 in the next year. This suggests a possible upside of 6.9% from the stock's current price.
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985 employees have rated The Progressive CEO Tricia Griffith on Glassdoor.com. Tricia Griffith has an approval rating of 93% among The Progressive's employees. This puts Tricia Griffith in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to The Progressive include Berkshire Hathaway (BRK.B), The Travelers Companies (TRV), The Allstate (ALL), Cincinnati Financial (CINF), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), CNA Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), RLI (RLI), The Hanover Insurance Group (THG) and Selective Insurance Group (SIGI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other The Progressive investors own include Cisco Systems (CSCO), The Walt Disney (DIS), CVS Health (CVS), Intel (INTC), The Home Depot (HD), AT&T (T), UnitedHealth Group (UNH), Mastercard (MA), Pfizer (PFE) and Alibaba Group (BABA).

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

The Progressive's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.55%), JPMorgan Chase & Co. (2.87%), Janus Henderson Group PLC (2.02%), Alliancebernstein L.P. (1.51%), FMR LLC (1.41%) and Northern Trust Corp (1.13%). Company insiders that own The Progressive stock include Andrew J Quigg, Daniel P Mascaro, Dyke Kahina Van, John A Barbagallo, John Jo Murphy, John P Sauerland, M Jeffrey Charney, Michael D Sieger, Steven Broz, Stuart B Burgdoerfer and Susan Patricia Griffith.
View institutional ownership trends for The Progressive.

PGR stock was sold by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Morgan Stanley, JPMorgan Chase & Co., Renaissance Technologies LLC, Glenmede Trust Co. NA, Boston Partners, Cooke & Bieler LP, and Panagora Asset Management Inc.. Company insiders that have sold The Progressive company stock in the last year include Andrew J Quigg, Daniel P Mascaro, John P Sauerland, M Jeffrey Charney, Michael D Sieger, Steven Broz, Stuart B Burgdoerfer, and Susan Patricia Griffith.
View insider buying and selling activity for The Progressive or view top insider-selling stocks.

PGR stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, Maj Invest Holding A S, FIL Ltd, Viking Global Investors LP, Canada Pension Plan Investment Board, Caisse DE Depot ET Placement DU Quebec, and Ceredex Value Advisors LLC.
View insider buying and selling activity for The Progressive or or view top insider-buying stocks.

Shares of PGR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PGR stock can currently be purchased for approximately $89.56.

The Progressive has a market capitalization of $52.45 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.

The Progressive employs 41,571 workers across the globe.

The following companies are subsidiares of The Progressive: ARX Holding Corp., ASI Assurance Corp., ASI Home Insurance Corp., ASI Lloyds Inc., ASI Preferred Insurance Corp., ASI Select Auto Insurance Corp., ASI Select Insurance Corp., ASI Services Inc., ASI Underwriters Corp., ASI Underwriters of Texas Inc., American Strategic Insurance Corp., Ark Royal Underwriters LLC, Artisan and Truckers Casualty Company, Blue Hill Specialty Insurance Company Inc., Drive Insurance Holdings Inc., Drive New Jersey Insurance Company, Gadsden AL LLC, Garden Sun Insurance Services Inc., Mountain Laurel Assurance Company, National Continental Insurance Company, PC Investment Company, Pacific Motor Club, Progny Agency Inc., Progressive Adjusting Company Inc., Progressive Advanced Insurance Company, Progressive Advantage Agency Inc., Progressive American Insurance Company, Progressive Auto Pro Insurance Agency Inc., Progressive Bayside Insurance Company, Progressive Capital Management Corp., Progressive Casualty Insurance Company, Progressive Choice Insurance Company, Progressive Classic Insurance Company, Progressive Commercial Advantage Agency Inc., Progressive Commercial Casualty Company, Progressive Commercial Holdings Inc., Progressive Direct Holdings Inc., Progressive Direct Insurance Company, Progressive Express Insurance Company, Progressive Freedom Insurance Company, Progressive Garden State Insurance Company, Progressive Gulf Insurance Company, Progressive Hawaii Insurance Corp., Progressive Investment Company Inc., Progressive Marathon Insurance Company, Progressive Max Insurance Company, Progressive Michigan Insurance Company, Progressive Mountain Insurance Company, Progressive Northern Insurance Company, Progressive Northwestern Insurance Company, Progressive Paloverde Insurance Company, Progressive Preferred Insurance Company, Progressive Premier Insurance Company of Illinois, Progressive Premium Budget Inc., Progressive Property Insurance Company, Progressive RSC Inc., Progressive Security Insurance Company, Progressive Select Insurance Company, Progressive Southeastern Insurance Company, Progressive Specialty Insurance Company, Progressive Universal Insurance Company, Progressive Vehicle Service Company, Progressive West Insurance Company, PropertyPlus Insurance Agency Inc., Sunshine Security Insurance Agency Inc., Trussville/Cahaba AL LLC, United Financial Casualty Company, Village Transport Corp., Wilson Mills Land Co., and e-Ins. LLC.

The Progressive was founded in 1937.

The official website for The Progressive is www.progressive.com.

The Progressive is headquartered at 6300 Wilson Mills Road, Mayfield Village OH, 44143.

The 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.