Progressive Corp (PGR)

NYSE
Currency in USD
262.01
+1.68(+0.65%)
Closed·
After Hours
264.78+2.77(+1.06%)
·
PGR Scorecard
Full Analysis
16 analysts have revised their earnings upwards for the upcoming period
Unusual trading volume
Fair Value
Day's Range
259.10264.24
52 wk Range
204.88292.99
Key Statistics
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Prev. Close
260.33
Open
260.51
Day's Range
259.1-264.24
52 wk Range
204.88-292.99
Volume
8.89M
Average Volume (3m)
3.34M
1-Year Change
25.25%
Book Value / Share
49.39
Fair Value
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Fair Value Upside
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PGR Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
290.74
Upside
+10.97%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth

Progressive Corp News & Analysis

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Progressive Corp Company Profile

The Progressive Corporation operates as an insurance company in the United States. The company writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. It also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers’ compensation insurance for the transportation industry. In addition, the company offers other specialty property-casualty insurance and provide related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Industry
Insurance
Sector
Financial
Employees
66308

Progressive Corp SWOT Analysis


Telematics Trailblaze
Progressive leads in telematics adoption, enhancing risk assessment and personalized pricing, positioning itself for sustained growth in the evolving auto insurance landscape
Financial Fortitude
Impressive revenue growth of 20.74% and a robust ROE of 34% underscore Progressive's operational efficiency, with EPS projected to rise from $6.11 in 2023 to $21.20 by 2027
Competitive Crossroads
Explore Progressive's strategies to maintain market share amid intensifying competition, including high advertising spend and technological innovation in a commoditizing industry
Analyst Optimism
With an average price target of $288, analysts signal confidence in Progressive's potential, despite challenges. The stock trades near its 52-week high of $292.99
Read full SWOT analysis

Progressive Corp Earnings Call Summary for Q1/2025

  • Progressive reported Q1 2025 revenue of $22.21B, beating forecasts, but EPS of $4.37 missed expectations, leading to a 3.86% stock drop
  • Near-record margins achieved across personal auto, property, and commercial lines, with combined ratios below 90 in all segments
  • Investment income surged 32% year-over-year, averaging over $270M monthly in 2025 to date
  • CEO highlighted competitive advantage in data analytics and usage-based insurance, focusing on growth while maintaining combined ratio below 96%
  • Company exploring direct-to-consumer property insurance and commercial lines expansion, particularly in Business Owners Policy market
Last Updated: 06/05/2025, 16:00
Read Full Transcript

Compare PGR to Peers and Sector

Metrics to compare
PGR
Peers
Sector
Relationship
P/E Ratio
17.6x15.8x9.1x
PEG Ratio
0.34−1.310.03
Price/Book
5.3x1.5x1.0x
Price / LTM Sales
2.0x1.1x2.7x
Upside (Analyst Target)
12.2%9.0%14.1%
Fair Value Upside
Unlock13.1%3.0%Unlock

Analyst Ratings

11 Buy
8 Hold
1 Sell
Ratings:
20 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 290.74
(+10.97% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 14.88%
Dividend Yield
0.15%
Industry Median 2.44%
Annualised payout
0.40
Paid quarterly
5-Years Growth
+13.08%
Growth Streak

Earnings

Latest Release
Apr 16, 2025
EPS / Forecast
4.37 / 4.74
Revenue / Forecast
22.21B / 21.60B
EPS Revisions
Last 90 days

PGR Income Statement

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FAQ

What Stock Exchange Does Progressive Trade On?

Progressive is listed and trades on the New York Stock Exchange stock exchange.

What Is the Stock Symbol for Progressive?

The stock symbol for Progressive is "PGR."

What Is the Progressive Market Cap?

As of today, Progressive market cap is 153.60B.

What Is Progressive's Earnings Per Share (TTM)?

The Progressive EPS (TTM) is 14.88.

When Is the Next Progressive Earnings Date?

Progressive will release its next earnings report on 09 Jul 2025.

From a Technical Analysis Perspective, Is PGR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Progressive Stock Split?

Progressive has split 9 times.

How Many Employees Does Progressive Have?

Progressive has 66308 employees.

What is the current trading status of Progressive (PGR)?

As of 22 Jun 2025, Progressive (PGR) is trading at a price of 262.01, with a previous close of 260.33. The stock has fluctuated within a day range of 259.10 to 264.24, while its 52-week range spans from 204.88 to 292.99.

What Is Progressive (PGR) Price Target According to Analysts?

The average 12-month price target for Progressive is USD290.74, with a high estimate of USD336 and a low estimate of USD183. 11 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +10.97% Upside potential.
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