The Progressive Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Progressive in the last twelve months. There are currently 4 sell ratings, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Progressive wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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The Progressive is scheduled to release its next quarterly earnings announcement on Wednesday, October 13th 2021.
View our earnings forecast for The Progressive.

The Progressive will be holding an earnings conference call on Wednesday, August 4th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

The Progressive Co. (NYSE:PGR) posted its quarterly earnings data on Wednesday, July, 14th. The insurance provider reported $0.72 earnings per share for the quarter, missing analysts' consensus estimates of $1.17 by $0.45. The insurance provider had revenue of $11.48 billion for the quarter, compared to analysts' expectations of $11.33 billion. The Progressive had a trailing twelve-month return on equity of 23.35% and a net margin of 12.00%. The Progressive's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter last year, the business earned $3.04 EPS.
View The Progressive's earnings history.

The Progressive's stock was trading at $75.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PGR stock has increased by 25.8% and is now trading at $94.52.
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The Progressive declared a quarterly dividend on Tuesday, May 11th. Investors of record on Wednesday, July 7th will be given a dividend of $0.10 per share on Thursday, July 15th. This represents a $0.40 annualized dividend and a yield of 0.42%. The ex-dividend date of this dividend is Tuesday, July 6th.
View The Progressive's dividend history.

The Progressive pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.42%. The Progressive does not yet have a strong track record of dividend growth. The dividend payout ratio of The Progressive is 5.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Progressive will have a dividend payout ratio of 7.37% next year. This indicates that The Progressive will be able to sustain or increase its dividend.
View The Progressive's dividend history.

13 equities research analysts have issued 1-year price objectives for The Progressive's shares. Their forecasts range from $84.00 to $123.00. On average, they anticipate The Progressive's stock price to reach $98.73 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price.
View analysts' price targets for The Progressive or view top-rated stocks among Wall Street analysts.

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 The Allstate (ALL), The Travelers Companies (TRV), Cincinnati Financial (CINF), Markel (MKL), Arch Capital Group (ACGL), Fidelity National Financial (FNF), W. R. Berkley (WRB), CNA Financial (CNA), Old Republic International (ORI), First American Financial (FAF), RLI (RLI), The Hanover Insurance Group (THG), Selective Insurance Group (SIGI), AXIS Capital (AXS) and Assured Guaranty (AGO).
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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 a variety of institutional and retail investors. Top institutional investors include Metropolis Capital Ltd (0.24%), Confluence Investment Management LLC (0.23%), Bristol John W & Co. Inc. NY (0.23%), Marathon Asset Management LLP (0.18%), Tran Capital Management L.P. (0.04%) and Patten & Patten Inc. TN (0.03%). Company insiders that own The Progressive stock include Andrew J Quigg, Daniel P Mascaro, John Jo Murphy, John P Sauerland, John P Sauerland, Lori A Niederst, 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 Compagnie Lombard Odier SCmA, Tran Capital Management L.P., Heritage Wealth Advisors, Bristol John W & Co. Inc. NY, Tectonic Advisors LLC, Raymond James Trust N.A., Meridian Wealth Management LLC, and Confluence Investment Management LLC. Company insiders that have sold The Progressive company stock in the last year include Daniel P Mascaro, John P Sauerland, Lori A Niederst, 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 bought by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, Metropolis Capital Ltd, Aptus Capital Advisors LLC, Oregon Public Employees Retirement Fund, Stratos Wealth Partners LTD., IFM Investors Pty Ltd, CHICAGO TRUST Co NA, and Patten & Patten Inc. TN.
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 $94.52.

The Progressive has a market capitalization of $55.31 billion and generates $42.66 billion in revenue each year. The insurance provider earns $5.70 billion in net income (profit) each year or $7.47 on an earnings per share basis.

The Progressive employs 43,326 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.