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, December 12th. Investors of record on Wednesday, January 8th will be paid a dividend of $0.10 per share on Wednesday, January 15th. This represents a $0.40 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date is Tuesday, January 7th. View Progressive's Dividend History.

Progressive Corp (NYSE:PGR) issued its quarterly earnings data on Wednesday, November, 13th. The insurance provider reported $1.33 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.31 by $0.03. Progressive had a return on equity of 26.09% and a net margin of 8.69%. View Progressive's Earnings History.

Progressive is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for Progressive.

13 equities research analysts have issued 1-year price objectives for Progressive's shares. Their forecasts range from $59.00 to $96.00. On average, they anticipate Progressive's stock price to reach $80.77 in the next twelve months. This suggests a possible upside of 5.9% 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 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Progressive.

News coverage about PGR stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Progressive earned a media sentiment score of -1.2 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 media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Progressive.

Progressive saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 4,960,000 shares, a decline of 6.2% from the December 15th total of 5,290,000 shares. Based on an average daily trading volume, of 3,520,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.9% 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), Fidelity National Financial (FNF), W. R. Berkley (WRB), Cna Financial (CNA), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), 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), CVS Health (CVS), Alibaba Group (BABA), Procter & Gamble (PG) and Walt Disney (DIS).

Progressive's stock is owned by many different of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (0.17%), Chicago Capital LLC (0.10%), Metropolis Capital Ltd (0.05%), Nisa Investment Advisors LLC (0.04%), Dudley & Shanley Inc. (0.03%) and Tocqueville Asset Management L.P. (0.03%). 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 Hexavest Inc., Fulton Breakefield Broenniman LLC, First Hawaiian Bank, Central Bank & Trust Co., State of Alaska Department of Revenue, Calamos Advisors LLC, United Services Automobile Association and Raymond James Trust N.A.. 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 bought by a variety of institutional investors in the last quarter, including Metropolis Capital Ltd, Dudley & Shanley Inc., Artemis Investment Management LLP, Gradient Investments LLC, Nisa Investment Advisors LLC, Arthur M. Cohen & Associates LLC, Chicago Capital LLC and IFP Advisors 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 $76.30.

Progressive has a market capitalization of $44.61 billion and generates $31.98 billion in revenue each year. The insurance provider earns $2.62 billion in net income (profit) each year or $4.42 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.