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PGR Overview

-
$
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
203.565
Open
199.570
VWAP
201.36
Vol
2.69M
Mkt Cap
117.81B
Low
199.110
Amount
541.17M
EV/EBITDA(TTM)
8.31
Total Shares
584.96M
EV
123.09B
EV/OCF(TTM)
7.01
P/S(TTM)
1.33
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.
Show More

Events Timeline

(ET)
2026-03-19
09:10:00
Hippo Holdings Forms Strategic Partnership with Progressive Insurance
select
2026-03-18 (ET)
2026-03-18
08:30:00
Net Premiums Written Reach $6.995B
select

News

NASDAQ.COM
9.5
03-28NASDAQ.COM
PinnedProgressive's Pricing Advantage and Challenges Ahead
  • Earnings Growth: Progressive's earnings per share surged from about $1 in 2022 to nearly $20 in 2025, indicating strong performance in the insurance market cycle, although future risks of market share loss loom.
  • Market Share Increase: In 2025, Progressive gained approximately two percentage points in personal auto market share, yet the favorable overall market conditions raise uncertainties about the sustainability of this profitability.
  • Underwriting Advantage: The company leverages decades of claims history and telematics data to price risk accurately, aiming for a long-term combined ratio below 96%, achieving an impressive 87.4% in 2025, showcasing its competitive edge in the industry.
  • Future Challenges: As market competition intensifies, Progressive may opt to prioritize profit margins over growth, suggesting that future earnings growth could be constrained, prompting investors to carefully assess the stock's value.
Fool
9.5
03-28Fool
Analysis of Progressive's Earnings Growth
  • Earnings Growth: Progressive's earnings per share surged from about $1 in 2022 to nearly $20 in 2025, reflecting strong performance in the property and casualty insurance sector, despite a 25% decline in stock price over the past year.
  • Underwriting Edge: The company leverages decades of claims history and telematics data to price risk accurately, achieving a combined ratio of 87.4% in 2025, significantly below the industry benchmark of 100%, indicating robust profitability.
  • Market Share Increase: In 2025, Progressive gained approximately two percentage points in personal auto market share; however, the favorable overall market conditions complicate the assessment of how much of this growth is due to company-specific execution.
  • Future Challenges: As market competition intensifies, Progressive may opt to sacrifice profit margins for disciplined growth, suggesting potential pressures on profitability in the future, especially if price competition escalates.
Newsfilter
6.0
03-27Newsfilter
AM Best Assigns Excellent Rating to Progressive Corporation
  • Credit Rating Assignment: AM Best has assigned an 'a' (Excellent) Long-Term Issuer Credit Rating to Progressive's $500 million 4.60% and $1 billion 5.15% senior unsecured notes, indicating the company's robust position and financial health in the insurance sector.
  • Stable Outlook: The stable outlook for these ratings suggests that AM Best expects Progressive's financial leverage and interest coverage metrics to remain within the guidelines for the assigned ratings, thereby bolstering investor confidence.
  • Clear Use of Proceeds: Progressive intends to utilize the proceeds from these bond issuances for general corporate purposes, a strategy that will help the company maintain flexibility and financial stability in its future operations and expansions.
  • Unchanged Ratings: The Long-Term Issuer Credit Rating for Progressive and the ratings and outlooks on its other debt issuances remain unchanged, reflecting the company's ongoing competitiveness and sound financial management in the insurance market.
Barron's
7.5
03-24Barron's
Iran and the Federal Reserve Remain Concerns: These Stocks May Alleviate Investor Anxiety.
  • Impact of War on Monetary Policy: Federal Reserve rate cuts are being influenced by the ongoing war with Iran, leading to rising oil prices.
  • Investment Strategy: Investors are advised to seek stocks that can perform well even if the Federal Reserve maintains current interest rates.
Barron's
6.5
03-24Barron's
7 Stocks, Including Airbnb, to Consider Buying That Can Succeed Even if Interest Rates Remain High
  • Impact of War on Monetary Policy: The ongoing conflict with Iran has influenced the Federal Reserve's decision-making, leading to a halt in rate cuts.

  • Rising Oil Prices: The war has contributed to an increase in oil prices, affecting economic conditions and investor sentiment.

  • Investment Strategy: Investors are advised to seek stocks that can perform well even in a stable interest rate environment.

  • Market Outlook: The current economic climate suggests a need for strategic investment choices amidst geopolitical tensions and fluctuating oil prices.

NASDAQ.COM
8.5
03-24NASDAQ.COM
Progressive Corp. Successfully Prices $1.5 Billion Senior Notes Offering
  • Offering Size: Progressive Corp. successfully priced a $1.5 billion senior notes offering, which includes $500 million of 4.60% notes and $1 billion of 5.15% notes, demonstrating the company's strong capital market financing capabilities.
  • Maturity Details: The 4.60% notes are due in 2031, while the 5.15% notes mature in 2036, providing the company with a long-term financing structure that supports liquidity and financial stability in the coming years.
  • Market Reaction: Following the announcement, Progressive's stock closed down 0.44% at $205.10 on the New York Stock Exchange, indicating a cautious market response that could affect investor confidence in the company.
  • Registration Statement Context: This offering is conducted under an effective shelf registration statement filed in May 2024, highlighting the company's ongoing compliance and transparency in the capital markets, which enhances investor trust.
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
BofA
Buy
downgrade
$305 -> $295
AI Analysis
2026-03-25
Reason
BofA
Price Target
$305 -> $295
AI Analysis
2026-03-25
downgrade
Buy
Reason
BofA lowered the firm's price target on Progressive to $295 from $305 and keeps a Buy rating on the shares. While the consensus forecasts for March policycount growth is "arguably nonremarkable," the firm sees reasons to expect a significant beat, says the analyst, whose "already Street-high EPS forecasts rise marginally." The firm cites the S&P 500 2027 P/E multiple having fallen for its lowered price target.
Jefferies
Andrew Andersen
Hold
to
Hold
downgrade
$216 -> $215
2026-03-24
Reason
Jefferies
Andrew Andersen
Price Target
$216 -> $215
2026-03-24
downgrade
Hold
to
Hold
Reason
Jefferies analyst Andrew Andersen lowered the firm's price target on Progressive to $215 from $216 and keeps a Hold rating on the shares. The firm updated its model following February's results.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for PGR
Unlock Now

Valuation Metrics

The current forward P/E ratio for Progressive Corp (PGR.N) is 13.07, compared to its 5-year average forward P/E of 19.64. 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
19.64
Current PE
13.07
Overvalued PE
23.61
Undervalued PE
15.68

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
5.57
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
13.58
Undervalued EV/EBITDA
-2.44

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
1.42
Current PS
1.41
Overvalued PS
1.65
Undervalued PS
1.19

Financials

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Whales Holding PGR

G
GQG Partners, LLC
Holding
PGR
+13.17%
3M Return
C
Confluence Investment Management LLC
Holding
PGR
+8.08%
3M Return
Q
Quantbot Technologies, LP
Holding
PGR
+7.14%
3M Return
W
W. R. Berkley Corporation
Holding
PGR
+6.64%
3M Return
C
Ceredex Value Advisors LLC
Holding
PGR
+6.08%
3M Return
D
Dakota Wealth, LLC
Holding
PGR
+3.03%
3M Return

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Frequently Asked Questions

What is Progressive Corp (PGR) stock price today?

The current price of PGR is 201.39 USD — it has increased 1.28

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. 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.

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 22.74B USD, increased 12.19

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

Progressive Corp. EPS for the last quarter amounts to 5.02 USD, increased 25.19

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

Progressive Corp (PGR) has 70000 emplpoyees as of March 31 2026.

What is Progressive Corp (PGR) market cap?

Today PGR has the market capitalization of 117.81B USD.