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PGR Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
206.120
Open
203.410
VWAP
203.71
Vol
3.15M
Mkt Cap
118.39B
Low
202.430
Amount
641.79M
EV/EBITDA(TTM)
8.44
Total Shares
584.40M
EV
127.29B
EV/OCF(TTM)
--
P/S(TTM)
1.34
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. The Company's 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 Snapshot through hardware-based and/or mobile-app versions in all states, other than California.
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Events Timeline

(ET)
2026-04-15
09:00:00
Stock Futures Flat, Morgan Stanley Up 2%
select
2026-04-15
08:50:00
Q1 Net Premiums Written Reach $23.64B
select
2026-04-14 (ET)
2026-04-14
14:00:00
Notable Earnings Reports Before Tomorrow's Open: Bank of America, Morgan Stanley, and More
select

News

Fool
8.0
04-19Fool
Dividend Stocks Retreat, Presenting Buying Opportunities
  • Progressive Stock Decline: Progressive's stock has fallen 29% from its May peak, as concerns about competition and rising reimbursement costs threaten profitability, despite a 30% increase in net income last year, leading investors to adopt a cautious outlook on future performance.
  • Gen Digital's Recovery Potential: Gen Digital's stock has pulled back 37% from its August high, and while its projected earnings per share are expected to grow by 26%, market fears regarding AI alternatives have impacted its stock price; however, the rising demand for cybersecurity solutions may drive a rebound.
  • Ares Management Dividend Growth: Ares Management's stock is down 34% from its January peak, yet it has raised its dividend for eight consecutive years, with a current yield of 4.6%, demonstrating stability and attractiveness in an uncertain economic environment.
  • Market Reaction and Investment Opportunities: Despite the volatility affecting dividend stocks, the current low prices present a compelling buying opportunity for income-seeking investors, especially considering these companies' long-term profitability and dividend payment histories.
NASDAQ.COM
9.5
04-19NASDAQ.COM
Insurance Stocks Struggle Amid Concerns Over Future Performance
  • Progressive Stock Decline: Progressive's stock has fallen 29% since last May, primarily due to concerns about 2024 performance, although last year's net income grew over 30%, indicating potential profitability.
  • Gen Digital's Market Potential: With a market cap of $12 billion, Gen Digital's stock has pulled back 37%, yet its 2.5% forward-looking dividend yield and 500 million user base make it an attractive investment option.
  • Ares Management's Dividend Growth: Ares Management's stock is down 34% since January, but its record of raising dividends for eight consecutive years and a 4.6% forward yield demonstrate a commitment to stable payouts.
  • Economic Environment Impact: Broader economic weakness is pressuring the private credit industry, leading to investor concerns over Ares's liquidity restrictions, although the company has historically navigated similar challenges successfully.
Fool
6.5
04-18Fool
Investment Opportunities in Insurance Stocks
  • Stability in Insurance Sector: Insurance companies generally provide strong cash flow and stability to weather various economic environments; however, Progressive's stock has fallen 30% from its 52-week high, indicating increased market competition pressures.
  • AI Advantage of Lemonade: Lemonade leverages artificial intelligence to optimize its business, generating $738 million in revenue last year with a 40% growth, despite a net loss of $166 million; its gross loss ratio improved to 64% in Q4, indicating significant enhancements in risk pricing capabilities.
  • Long-Term Performance of Progressive: As a well-established insurance company, Progressive has achieved a 17% annualized return over the past three decades, writing $83 billion in net premiums and generating $11.3 billion in net income in 2022, showcasing its strengths in risk pricing and profitability.
  • Intensifying Market Competition: Although Progressive's stock is under pressure due to a softening market with an expected 1% average premium increase in 2026, its current P/E ratio of just 10 times indicates it remains a solid investment choice given its long-term underwriting excellence.
NASDAQ.COM
6.5
04-18NASDAQ.COM
Insurance Stocks: Stability and Cash Flow Potential
  • Stability of Insurance Stocks: Insurance stocks typically provide strong cash flow and stability, capable of weathering various economic environments, particularly as rising interest rates and prices create a hedge through their pricing power and large investment portfolios.
  • Progressive's Market Performance: Despite Progressive's stock tumbling 30% from its 52-week high, it has delivered an impressive 17% annualized return over the past three decades, demonstrating its excellence in risk pricing and management, with a net income of $11.3 billion last year.
  • Lemonade's AI Advantage: Lemonade leverages AI to streamline operations, achieving $738 million in revenue last year, a 40% increase, although it posted a net loss of $166 million; its gross loss ratio improved to 64% in Q4, indicating significant progress in risk pricing.
  • Divergent Investment Strategies: For investors looking to diversify their portfolios, Lemonade and Progressive cater to different strategies, with Lemonade still building its foundation and not expected to be profitable until 2028, while Progressive's low valuation and long-term underwriting excellence make it a more attractive buy right now.
seekingalpha
9.5
04-15seekingalpha
Progressive Q4 Earnings Report Exceeds Expectations
  • Earnings Performance: Progressive reported a GAAP EPS of $4.80 for Q4, missing expectations by $0.08, indicating potential pressure on profitability that could affect investor confidence.
  • Premium Revenue Growth: The company achieved net premiums written of $23.64 billion, a 6% year-over-year increase, beating market expectations by $441 million, demonstrating its competitive strength and expanding customer base.
  • Long-Term Growth Potential: Despite the shortfall in EPS, Progressive is still viewed as a long-term compounder due to its strong underwriting discipline and market dominance, suggesting potential for higher profitability in the future.
  • Market Reaction Analysis: Investors are cautious regarding the company's strategy of sacrificing margins for revenue growth, which may impact its stock performance, necessitating close monitoring of future profitability recovery.
NASDAQ.COM
9.5
04-15NASDAQ.COM
Progressive Corp. Reports March 2026 Net Income of $712 Million
  • Net Income Growth: Progressive Corp. reported a net income of $712 million for March 2026, translating to $1.21 per share, which, while down from $901 million and $1.53 per share in March 2025, still indicates stable profitability for the company.
  • Premium Revenue Increase: The net premiums written for March 2026 improved by 10% to $9.91 billion, while net premiums earned grew by 11% to $7.52 billion, demonstrating the company's sustained competitive strength in the market.
  • Policy Count Expansion: As of March 31, 2026, the total number of policies in force increased by 9% to 39.57 million from 36.29 million in March 2025, indicating an expansion of the customer base and improved market penetration.
  • Quarterly Performance: For the first quarter of 2026, net income reached $2.82 billion, or $4.80 per share, reflecting a 10% increase from $2.57 billion and $4.37 per share in the prior-year quarter, highlighting ongoing improvements in premium revenue and profitability.
Wall Street analysts forecast PGR stock price to rise
16 Analyst Rating
Wall Street analysts forecast PGR stock price to rise
9 Buy
6 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
214.00
Averages
257.11
High
328.00
Current: 0.000
sliders
Low
214.00
Averages
257.11
High
328.00
BMO Capital
Market Perform
maintain
$208 -> $221
AI Analysis
2026-04-16
New
Reason
BMO Capital
Price Target
$208 -> $221
AI Analysis
2026-04-16
New
maintain
Market Perform
Reason
BMO Capital raised the firm's price target on Progressive to $221 from $208 and keeps a Market Perform rating on the shares following the company's March earnings release. Progressive's expected productivity benefits should play out over the course of the next three years and keep its combined ratio from deteriorating as much as it has in prior soft pricing power cycles, the analyst tells investors in a research note.
BofA
Buy
maintain
$298 -> $312
2026-04-16
New
Reason
BofA
Price Target
$298 -> $312
2026-04-16
New
maintain
Buy
Reason
BofA raised the firm's price target on Progressive to $312 from $298 and keeps a Buy rating on the shares. March operating EPS of $1.51 came in below the firm's $1.62 forecast, but in-line to ahead of consensus from VisibleAlpha and Bloomberg, the analyst tells investors. Interpolating the March numbers lowers the firm's FY26 forecast, but a slightly higher projection of share repurchases at a slightly lower price for shares lifts the firm's "high-on-the-Street out-year forecasts by a dime each," the analyst added.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for PGR
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Valuation Metrics

The current forward P/E ratio for Progressive Corp (PGR.N) is 12.47, compared to its 5-year average forward P/E of 19.24. For a more detailed relative valuation and DCF analysis to assess Progressive Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
19.24
Current PE
12.47
Overvalued PE
23.43
Undervalued PE
15.06

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
5.77
Current EV/EBITDA
1.83
Overvalued EV/EBITDA
13.58
Undervalued EV/EBITDA
-2.05

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.41
Current PS
1.24
Overvalued PS
1.64
Undervalued PS
1.18

Financials

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Whales Holding PGR

O
ODDO BHF Asset Management SAS
Holding
PGR
+76.31%
3M Return
J
Janus Henderson Group plc
Holding
PGR
+47.97%
3M Return
I
INTECH Investment Management LLC
Holding
PGR
+45.22%
3M Return
C
Capitolis Advisors LLC
Holding
PGR
+38.96%
3M Return
C
Ceredex Value Advisors LLC
Holding
PGR
+17.02%
3M Return
K
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
Holding
PGR
+16.13%
3M Return

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Frequently Asked Questions

What is Progressive Corp (PGR) stock price today?

The current price of PGR is 202.58 USD — it has decreased -0.44

What is Progressive Corp (PGR)'s business?

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. The Company's 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 Snapshot through hardware-based and/or mobile-app versions in all states, other than California.

What is the price predicton of PGR Stock?

Wall Street analysts forecast PGR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PGR is257.11 USD with a low forecast of 214.00 USD and a high forecast of 328.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Progressive Corp (PGR)'s revenue for the last quarter?

Progressive Corp revenue for the last quarter amounts to 22.18B USD, increased 8.71

What is Progressive Corp (PGR)'s earnings per share (EPS) for the last quarter?

Progressive Corp. EPS for the last quarter amounts to 4.80 USD, increased 9.84

How many employees does Progressive Corp (PGR). have?

Progressive Corp (PGR) has 70000 emplpoyees as of April 20 2026.

What is Progressive Corp (PGR) market cap?

Today PGR has the market capitalization of 118.39B USD.