NYSE:PGR - Progressive Stock Price, Forecast & News

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

Progressive announced a quarterly dividend on Thursday, December 12th. Investors of record on Wednesday, January 8th will be given a dividend of $0.10 per share on Wednesday, January 15th. This represents a $0.40 annualized dividend and a yield of 0.48%. The ex-dividend date of this dividend is Tuesday, January 7th. View Progressive's Dividend History.

Progressive Corp (NYSE:PGR) announced its quarterly earnings data on Wednesday, January, 29th. The insurance provider reported $1.81 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.14 by $0.67. The insurance provider had revenue of $9.59 billion for the quarter, compared to the consensus estimate of $8.89 billion. Progressive had a return on equity of 30.68% and a net margin of 10.17%. The firm's revenue for the quarter was up 20.8% compared to the same quarter last year. During the same period last year, the company posted $0.44 earnings per share. 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 Wall Street analysts have issued 1-year target prices for Progressive's shares. Their forecasts range from $59.00 to $96.00. On average, they expect Progressive's share price to reach $81.85 in the next twelve months. This suggests that the stock has a possible downside of 2.3%. 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 somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing 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 1.8 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Progressive.

Progressive saw a increase in short interest during the month of 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 trading volume of 3,350,000 shares, the short-interest ratio is currently 1.8 days. Approximately 1.0% of the company's shares are sold short. 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), Cincinnati Financial (CINF), Markel (MKL), 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), Mastercard (MA), Home Depot (HD), NVIDIA (NVDA), Paypal (PYPL), UnitedHealth Group (UNH), Walt Disney (DIS), Alibaba Group (BABA), CVS Health (CVS) and AT&T (T).

Progressive's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (4.46%), Janus Henderson Group PLC (2.07%), Alliancebernstein L.P. (1.78%), Amundi Pioneer Asset Management Inc. (1.30%), Artisan Partners Limited Partnership (1.25%) and Renaissance Technologies LLC (0.92%). 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 purchased 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 $83.77.

Progressive has a market capitalization of $48.97 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.