Free Trial
NYSE:PGR

Progressive (PGR) Stock Price, News & Analysis

Progressive logo
$279.54 +1.99 (+0.72%)
Closing price 03/13/2025 03:59 PM Eastern
Extended Trading
$281.63 +2.09 (+0.75%)
As of 08:50 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Progressive Stock (NYSE:PGR)

Key Stats

Today's Range
$276.08
$281.16
50-Day Range
$235.57
$284.95
52-Week Range
$199.54
$287.49
Volume
3.05 million shs
Average Volume
2.40 million shs
Market Capitalization
$163.87 billion
P/E Ratio
19.41
Dividend Yield
0.14%
Price Target
$277.82
Consensus Rating
Moderate Buy

Company Overview

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, and pick-up trucks used by small businesses, as well as non-fleet taxis, black-car services, and airport taxis; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks used by light contractors and heavy constructions; log trucks and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance. The company offers policy issuance and claims adjusting services; acts as an agent to homeowners, general liability, workers' compensation insurance, and other products; and reinsurance services. It sells its products through independent insurance agencies, as well as through mobile applications and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Remove Ads

Progressive Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
84th Percentile Overall Score

PGR MarketRank™: 

Progressive scored higher than 84% of companies evaluated by MarketBeat, and ranked 261st out of 951 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Progressive has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 12 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Progressive has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Progressive's stock forecast and price target.
  • Earnings Growth

    Earnings for Progressive are expected to grow by 4.90% in the coming year, from $14.68 to $15.40 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Progressive is 19.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.31.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Progressive is 19.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.63.

  • Price to Earnings Growth Ratio

    Progressive has a PEG Ratio of 1.70. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Progressive has a P/B Ratio of 6.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Progressive's valuation and earnings.
  • Percentage of Shares Shorted

    1.11% of the float of Progressive has been sold short.
  • Short Interest Ratio / Days to Cover

    Progressive has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Progressive has recently increased by 1.09%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Progressive has a dividend yield of 0.14%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Progressive does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Progressive is 2.78%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Progressive will have a dividend payout ratio of 2.60% next year. This indicates that Progressive will be able to sustain or increase its dividend.

  • Read more about Progressive's dividend.
  • Percentage of Shares Shorted

    1.11% of the float of Progressive has been sold short.
  • Short Interest Ratio / Days to Cover

    Progressive has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Progressive has recently increased by 1.09%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Progressive has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 70 news articles for Progressive this week, compared to 23 articles on an average week.
  • Search Interest

    20 people have searched for PGR on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.
  • MarketBeat Follows

    Only 11 people have added Progressive to their MarketBeat watchlist in the last 30 days. This is a decrease of -35% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Progressive insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,752,781.00 in company stock.

  • Percentage Held by Insiders

    Only 0.34% of the stock of Progressive is held by insiders.

  • Percentage Held by Institutions

    85.34% of the stock of Progressive is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Progressive's insider trading history.
Receive PGR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Progressive and its competitors with MarketBeat's FREE daily newsletter.

PGR Stock News Headlines

Investors headline
3 Stocks Institutions Are Quietly Dumping (PGR)
Institutions have been selling out of discretionary consumer names lately, signaling a loss of confidence in the underlying economy and spending.
Please don’t die on me
"Please don’t die on me," the nurse begged as Porter Stansberry lay in a hospital bed, his heart stopped from years of pushing himself too hard. At his lowest point, he realized that everything had gone wrong, and he was forced to rebuild—not just his health, but his entire life and fortune. After clawing his way out of that abyss, Porter discovered a life-changing investment strategy, one that allowed him to rebuild his wealth far faster and with less risk than he ever imagined. This approach helped him earn enormous returns outside of the volatile stock market, and now he’s sharing it with you. While most won’t believe it’s possible, Porter is asking you to open your mind and consider a new way of investing—one that could transform your financial future, just as it did for him.
Premier of Ontario Doug Ford speaks to reporters, accompanied by other Council of the Federation me…
Doug Ford reelected as Ontario’s premier with mandate to fight Trump tariffs
Projections show Ontario Premier Doug Ford won reelection to lead Canada’s most populous province, giving him the mandate he wanted to fight tariffs threatened by President Donald Trump
Progressive (NYSE:PGR) Lowered to Hold Rating by StockNews.com
See More Headlines

PGR Stock Analysis - Frequently Asked Questions

Progressive's stock was trading at $239.61 on January 1st, 2025. Since then, PGR shares have increased by 16.7% and is now trading at $279.5390.
View the best growth stocks for 2025 here
.

The Progressive Co. (NYSE:PGR) released its quarterly earnings results on Wednesday, January, 29th. The insurance provider reported $4.08 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.64. Progressive had a trailing twelve-month return on equity of 33.79% and a net margin of 11.25%.

Progressive subsidiaries include Protective Insurance, ARX Holding Corp., American Strategic Insurance Corp., 358 Ventures Inc., American Strategic Insurance Corp, Ark Royal Underwriters LLC, Artisan and Truckers Casualty Company, and others.

Progressive's top institutional investors include Vanguard Group Inc. (9.12%), Geode Capital Management LLC (2.49%), Massachusetts Financial Services Co. MA (2.30%) and FMR LLC (1.75%). Insiders that own company stock include Susan Patricia Griffith, John P Sauerland, John Jo Murphy, Lori A Niederst, Andrew J Quigg, Karen Bailo, Daniel P Mascaro, Jonathan S Bauer, Jeffrey D Kelly, Steven Broz, Patrick K Callahan, Stuart B Burgdoerfer, Dyke Kahina Van, Devin C Johnson, Barbara R Snyder, Mariann Wojtkun Marshall and Philip Bleser.
View institutional ownership trends
.

Shares of PGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Progressive investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Chevron (CVX), Advanced Micro Devices (AMD), Arista Networks (ANET) and Adobe (ADBE).

Company Calendar

Ex-Dividend for 1/16 Dividend
1/10/2025
Dividend Payable
1/16/2025
Last Earnings
1/29/2025
Today
3/13/2025
Ex-Dividend for 4/11 Dividend
4/03/2025
Dividend Payable
4/11/2025
Next Earnings (Estimated)
4/11/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Current Symbol
NYSE:PGR
Employees
61,400
Year Founded
1937

Price Target and Rating

Average Stock Price Target
$277.82
High Stock Price Target
$318.00
Low Stock Price Target
$218.00
Potential Upside/Downside
-0.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
18 Analysts

Profitability

Trailing P/E Ratio
19.41
Forward P/E Ratio
19.04
P/E Growth
1.7
Net Income
$8.48 billion
Pretax Margin
14.21%

Debt

Sales & Book Value

Annual Sales
$75.34 billion
Cash Flow
$7.08 per share
Price / Cash Flow
39.50
Book Value
$43.69 per share
Price / Book
6.40

Miscellaneous

Free Float
583,820,000
Market Cap
$163.87 billion
Optionable
Optionable
Beta
0.35

Social Links

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

This page (NYSE:PGR) was last updated on 3/14/2025 by MarketBeat.com Staff
From Our Partners