Wednesday's ETF Movers: BLOK, PABU
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 19 2025
0mins
Should l Buy PGR?
Source: NASDAQ.COM
ETF Performance: The iShares Paris-Aligned Climate MSCI USA ETF is underperforming, down approximately 1.4% in Wednesday afternoon trading, with Intel and Progressive shares dropping by about 5.9% and 4%, respectively.
Market Commentary: The opinions expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
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Analyst Views on PGR
Wall Street analysts forecast PGR stock price to rise
16 Analyst Rating
9 Buy
6 Hold
1 Sell
Moderate Buy
Current: 199.570
Low
214.00
Averages
257.11
High
328.00
Current: 199.570
Low
214.00
Averages
257.11
High
328.00
About PGR
The Progressive Corporation is an insurance holding company, which has insurance and non-insurance subsidiaries and affiliates. The Company’s segments include Personal Lines, Commercial Lines and Other indemnity. The Personal Lines segment writes insurance for personal autos and special lines products. Its special lines of products include recreational vehicles, such as motorcycles, RVs, and watercraft. Its Personal Lines products are sold through both the agency and direct channels. The Commercial Lines segment writes auto-related liability and physical damage insurance, business-related general liability and commercial property insurance predominately for small businesses, and workers’ compensation insurance primarily for the transportation industry. Its reinsurance activity includes both transactions which are regulated and those that are non-regulated. It offers shopping tools and services, such as Name Your Price, Snapshot, and HomeQuote Explorer.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Progressive Insurance Outperforms Market Significantly
- Profitability Surge: Progressive Insurance saw its earnings per share soar from $14.40 to $19.23 in 2025, showcasing its robust profitability and effective risk pricing strategy, which further solidifies its leadership position in the insurance sector.
- Significant Policy Growth: The company added 3.7 million new policies in 2025, resulting in an additional $9 billion in written premiums compared to the previous year, indicating strong market demand and its ability to effectively attract new customers and expand market share.
- Robust Capital Management: Progressive employs a flexible business structure with a variable dividend policy, paying out $13.50 per share in 2025, reflecting its capacity for capital returns in a high-profit environment while maintaining resilience against future uncertainties.
- Long-Term Market Advantage: Despite cyclical fluctuations in the insurance industry, Progressive demonstrates sustained potential to outperform the market, leveraging nearly a century of operational experience and strong underwriting capabilities, particularly as it adapts to changes in technology with AI and machine learning.
See More
Major Earnings Reports Expected Before Wednesday's Open
- Earnings Report Preview: Major earnings reports are expected before the market opens on Wednesday, including Bank of America (BAC), ASML Holding (ASML), Morgan Stanley (MS), and PNC Financial Services Group (PNC), which will provide crucial insights into their financial health.
- Market Focus: Investors will closely monitor these earnings to assess company performance in the current economic climate, particularly under pressures from interest rates and inflation, which could influence market trends.
- Additional Earnings Releases: In addition to the major firms, earnings from FHN, MTB, PGR, and TRX are also slated for release before Wednesday's open, further enriching market information and aiding investors in making informed decisions.
- Earnings Season Calendar: Seeking Alpha offers a comprehensive earnings season calendar, allowing investors to access detailed information on upcoming earnings reports to ensure they do not miss any significant market developments.
See More
Progressive (PGR) Set to Announce Q1 Earnings on April 15
- Earnings Announcement: Progressive is scheduled to release its Q1 2023 earnings report on April 15 before market open, with consensus EPS estimates at $4.88, reflecting an 11.7% year-over-year increase, which could positively influence the stock price.
- Performance Expectations: Over the past year, Progressive has beaten EPS estimates 75% of the time and revenue estimates 50% of the time, indicating a strong track record of profitability and market confidence.
- Estimate Revision Trends: In the last three months, EPS estimates have seen 15 upward revisions and 1 downward revision, while revenue estimates have experienced no upward revisions and 7 downward revisions, suggesting a cautious market outlook on future revenue growth.
- Premium Growth: Progressive reported a 5% year-over-year increase in net premiums written in February, indicating a sustained competitive position and expansion of its customer base, which may be reflected in the upcoming earnings report.
See More
Big Banks Kick Off Earnings Season
- Market Recovery: The S&P 500 rose by 3.6% and the Nasdaq by 4.7% as the threat of escalating conflict in Iran subsided, indicating a recovery in market sentiment, although futures show slight declines that may affect investor confidence.
- Bank Earnings Reports: Goldman Sachs is set to release its Q1 earnings before the market opens today, with JPMorgan Chase, Wells Fargo, and Citigroup scheduled for Tuesday, which are expected to provide crucial earnings guidance that could influence investor sentiment towards bank stocks.
- Surge in Semiconductor Demand: The skyrocketing demand for agentic AI has led to chip shortages and rationing of computing power, likely boosting revenues for major semiconductor firms, with Taiwan Semiconductor and ASML's upcoming earnings reports being key market focal points.
- FTC Settlement with Advertisers: The Federal Trade Commission is negotiating with several advertising companies over allegations of coordinated boycotts against platform X, and while no wrongdoing is admitted, this move could reshape the competitive landscape of the advertising market.
See More
Investors Anticipate Q1 Earnings to Propel Market Recovery
- Market Recovery Signal: Following President Trump's suspension of attacks on Iran, the Dow Jones Industrial Average surged over 1,300 points this week, marking its best single-day performance since April 2025, indicating investor confidence in market recovery.
- Earnings Season Outlook: The S&P 500 companies are expected to report a blended earnings growth rate of 12.5% for Q1, marking the sixth consecutive quarter of double-digit growth, with the information technology sector projected to jump 44%, underscoring its significance to the market.
- Risk Warning: Despite the optimistic overall earnings outlook, Delta Air Lines announced it would
See More
Progressive Corp. Q1 Earnings Release Forecast
- Earnings Release Date: Progressive Corp. is set to release its Q1 earnings on April 15, with analysts forecasting earnings of $4.85 per share, reflecting market confidence in the company's profitability.
- Stock Performance: The stock closed at $199.88 on Thursday, indicating that investors are cautiously optimistic about the upcoming earnings report, which may influence short-term market volatility.
- Analyst Rating Discrepancies: Benzinga's analysts have varying ratings and price targets for Progressive, suggesting differing market perspectives on the company's future performance, which could lead to investor decision-making discrepancies.
- Market Reaction Expectations: As the earnings report approaches, market reactions to Progressive may be influenced by analyst expectations, particularly if there is a significant gap between earnings forecasts and actual results, potentially triggering stock price fluctuations.
See More
Progressive Insurance Outperforms Market Significantly
- Profitability Surge: Progressive Insurance saw its earnings per share soar from $14.40 to $19.23 in 2025, showcasing its robust profitability and effective risk pricing strategy, which further solidifies its leadership position in the insurance sector.
- Significant Policy Growth: The company added 3.7 million new policies in 2025, resulting in an additional $9 billion in written premiums compared to the previous year, indicating strong market demand and its ability to effectively attract new customers and expand market share.
- Robust Capital Management: Progressive employs a flexible business structure with a variable dividend policy, paying out $13.50 per share in 2025, reflecting its capacity for capital returns in a high-profit environment while maintaining resilience against future uncertainties.
- Long-Term Market Advantage: Despite cyclical fluctuations in the insurance industry, Progressive demonstrates sustained potential to outperform the market, leveraging nearly a century of operational experience and strong underwriting capabilities, particularly as it adapts to changes in technology with AI and machine learning.
See More
Major Earnings Reports Expected Before Wednesday's Open
- Earnings Report Preview: Major earnings reports are expected before the market opens on Wednesday, including Bank of America (BAC), ASML Holding (ASML), Morgan Stanley (MS), and PNC Financial Services Group (PNC), which will provide crucial insights into their financial health.
- Market Focus: Investors will closely monitor these earnings to assess company performance in the current economic climate, particularly under pressures from interest rates and inflation, which could influence market trends.
- Additional Earnings Releases: In addition to the major firms, earnings from FHN, MTB, PGR, and TRX are also slated for release before Wednesday's open, further enriching market information and aiding investors in making informed decisions.
- Earnings Season Calendar: Seeking Alpha offers a comprehensive earnings season calendar, allowing investors to access detailed information on upcoming earnings reports to ensure they do not miss any significant market developments.
See More
Progressive (PGR) Set to Announce Q1 Earnings on April 15
- Earnings Announcement: Progressive is scheduled to release its Q1 2023 earnings report on April 15 before market open, with consensus EPS estimates at $4.88, reflecting an 11.7% year-over-year increase, which could positively influence the stock price.
- Performance Expectations: Over the past year, Progressive has beaten EPS estimates 75% of the time and revenue estimates 50% of the time, indicating a strong track record of profitability and market confidence.
- Estimate Revision Trends: In the last three months, EPS estimates have seen 15 upward revisions and 1 downward revision, while revenue estimates have experienced no upward revisions and 7 downward revisions, suggesting a cautious market outlook on future revenue growth.
- Premium Growth: Progressive reported a 5% year-over-year increase in net premiums written in February, indicating a sustained competitive position and expansion of its customer base, which may be reflected in the upcoming earnings report.
See More
Big Banks Kick Off Earnings Season
- Market Recovery: The S&P 500 rose by 3.6% and the Nasdaq by 4.7% as the threat of escalating conflict in Iran subsided, indicating a recovery in market sentiment, although futures show slight declines that may affect investor confidence.
- Bank Earnings Reports: Goldman Sachs is set to release its Q1 earnings before the market opens today, with JPMorgan Chase, Wells Fargo, and Citigroup scheduled for Tuesday, which are expected to provide crucial earnings guidance that could influence investor sentiment towards bank stocks.
- Surge in Semiconductor Demand: The skyrocketing demand for agentic AI has led to chip shortages and rationing of computing power, likely boosting revenues for major semiconductor firms, with Taiwan Semiconductor and ASML's upcoming earnings reports being key market focal points.
- FTC Settlement with Advertisers: The Federal Trade Commission is negotiating with several advertising companies over allegations of coordinated boycotts against platform X, and while no wrongdoing is admitted, this move could reshape the competitive landscape of the advertising market.
See More
Investors Anticipate Q1 Earnings to Propel Market Recovery
- Market Recovery Signal: Following President Trump's suspension of attacks on Iran, the Dow Jones Industrial Average surged over 1,300 points this week, marking its best single-day performance since April 2025, indicating investor confidence in market recovery.
- Earnings Season Outlook: The S&P 500 companies are expected to report a blended earnings growth rate of 12.5% for Q1, marking the sixth consecutive quarter of double-digit growth, with the information technology sector projected to jump 44%, underscoring its significance to the market.
- Risk Warning: Despite the optimistic overall earnings outlook, Delta Air Lines announced it would
See More
Progressive Corp. Q1 Earnings Release Forecast
- Earnings Release Date: Progressive Corp. is set to release its Q1 earnings on April 15, with analysts forecasting earnings of $4.85 per share, reflecting market confidence in the company's profitability.
- Stock Performance: The stock closed at $199.88 on Thursday, indicating that investors are cautiously optimistic about the upcoming earnings report, which may influence short-term market volatility.
- Analyst Rating Discrepancies: Benzinga's analysts have varying ratings and price targets for Progressive, suggesting differing market perspectives on the company's future performance, which could lead to investor decision-making discrepancies.
- Market Reaction Expectations: As the earnings report approaches, market reactions to Progressive may be influenced by analyst expectations, particularly if there is a significant gap between earnings forecasts and actual results, potentially triggering stock price fluctuations.
See More
