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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
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
209.220
Open
207.290
VWAP
207.34
Vol
1.44M
Mkt Cap
121.17B
Low
205.970
Amount
298.92M
EV/EBITDA(TTM)
8.64
Total Shares
585.91M
EV
127.94B
EV/OCF(TTM)
7.29
P/S(TTM)
1.39
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)
2026-02-18
08:30:00
Net Premiums Written Reach $6.74B
select

News

Benzinga
6.0
15:02 PMBenzinga
Wall Street Analysts Adjust Ratings
  • Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, indicating a shift in market sentiment that could influence investor decisions and market trends.
  • Upgrades and Downgrades: While specific upgrades and downgrades are not detailed, such changes typically have a significant impact on the short-term performance of the affected stocks, prompting investors to pay close attention to these adjustments.
  • Market Reaction Expectations: The adjustments in analyst ratings may lead to increased attention on AZO stock, as investors reassess their strategies based on these changes, potentially affecting trading volumes and price fluctuations.
  • Source Reliability: The market news and data provided by Benzinga serve as a crucial reference for investors; although it does not offer investment advice, its analyst ratings page provides a comprehensive view of rating changes for informed decision-making.
seekingalpha
8.0
03-09seekingalpha
Progressive Declares Quarterly Dividend of $0.10 per Share
  • Quarterly Dividend Announcement: Progressive has declared a quarterly dividend of $0.10 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is likely to attract income-seeking investors.
  • Dividend Yield: The forward yield stands at 0.19%, which, while relatively low, still offers some appeal in the current market environment, potentially enhancing investor interest in the company's stock.
  • Payment Schedule: The dividend will be payable on April 10, with a record date of April 2 and an ex-dividend date also set for April 2, providing shareholders with a clear timeline that aids in financial planning.
  • Market Reaction Expectations: Following the dividend announcement, the market may respond positively to Progressive's stability, especially as concerns over margin pressures are perceived as overdone, which could bolster investor confidence.
Newsfilter
8.0
03-09Newsfilter
Progressive Declares $0.10 Dividend Per Share
  • Dividend Declaration: On March 6, 2026, the Board of Directors of Progressive Corporation declared a $0.10 per share dividend, payable on April 10, 2026, which is expected to enhance shareholder returns and potentially boost investor confidence.
  • Record Date for Shareholders: The record date for shareholders to qualify for the dividend is set for April 2, 2026, ensuring that investors holding shares by this date will receive the payout, thereby fostering a positive relationship between the company and its shareholders.
  • Market Position: As the second-largest personal auto insurer in the U.S., Progressive also leads in commercial auto, motorcycle, and boat insurance, demonstrating its strong competitive position and market share in the insurance sector.
  • Historical Context: Founded in 1937, Progressive continues to save customers time and money through a diverse range of insurance products and innovative shopping tools, further solidifying its leadership in the insurance industry.
NASDAQ.COM
9.5
03-08NASDAQ.COM
Lemonade Reports Disappointing Q4 Earnings Amidst Rapid Growth
  • Earnings Disappointment: Lemonade's Q4 earnings report revealed a 31% revenue increase to $1.24 billion, yet the company still posted a net loss, disappointing investors and causing a 40% drop in stock price in February.
  • Market Share Growth: Despite losses, Lemonade attracted more customers through its user-friendly online platform, driving strong growth in its insurance business and showcasing its potential to disrupt traditional insurance markets.
  • High Valuation: Lemonade's price-to-book ratio (P/B) was as high as 14 before the Q4 report, and although it has decreased to 7.9, it remains above industry averages, indicating significant risk associated with its stock.
  • Investor Confidence Issues: Management attributes the losses to reinvestments for growth, but investors are concerned about the company's ability to build a sustainable insurance operation, especially when compared to top operators like Progressive, which trades at a P/B of only 4.1.
Fool
9.5
03-08Fool
Lemonade Shares Plunge 40%: Analysis
  • Stock Price Drop: Lemonade's shares plummeted 40% in February due to disappointing Q4 earnings, although the stock is still up nearly 70% over the past year, indicating market expectations for its long-term potential.
  • Premium Growth: The company reported in-force premiums of $1.24 billion last quarter, a 31% year-over-year increase, yet it continues to post net losses, with management attributing this to ongoing reinvestments for growth, raising investor concerns about sustainability.
  • Valuation Analysis: Lemonade's price-to-book (P/B) ratio was 14 prior to the Q4 earnings report, and while it has since dropped to 7.9, it remains above industry averages, highlighting the risks associated with its market pricing.
  • Investment Risk Assessment: Despite Lemonade's rapid growth potential, its ongoing losses and high valuation render it a risky investment choice, especially when compared to industry peers like Progressive, which trades at a P/B of 4.1.
Fool
9.5
03-02Fool
Walmart Beats Earnings Expectations, E-commerce Penetration Hits Record High
  • Walmart Earnings Surprise: Walmart reported earnings of $0.74 per share, exceeding expectations, although its conservative guidance raises concerns about potential economic slowdown as its market share among high-income households grows.
  • Record E-commerce Penetration: Walmart's e-commerce penetration reached 23%, a record high, driving operating income growth and demonstrating success in its digital transformation, thereby enhancing its competitive position in the market.
  • Booking Holdings Stock Volatility: Despite Booking Holdings posting strong earnings and guiding for 15% revenue growth next quarter, its shares fell 7.5%, indicating investor concerns over its stock split announcement and future growth prospects.
  • eBay Acquires Etsy's Depop: eBay's acquisition of Etsy's Depop business for over $1 billion has been positively received by the market, but analysts warn that this may impact eBay's shareholder returns, while Etsy benefits from cash flow, making it the bigger winner in the deal.
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
$315 -> $308
AI Analysis
2026-03-10
New
Reason
BofA
Price Target
$315 -> $308
AI Analysis
2026-03-10
New
downgrade
Buy
Reason
BofA lowered the firm's price target on Progressive to $308 from $315 and keeps a Buy rating on the shares. While the firm says it continues to be "very bullish" about Progressive's earnings and growth prospects, it trims its target in the face of a broad market decline.
UBS
Brian Meredith
Neutral
downgrade
$226 -> $218
2026-02-23
Reason
UBS
Brian Meredith
Price Target
$226 -> $218
2026-02-23
downgrade
Neutral
Reason
UBS analyst Brian Meredith lowered the firm's price target on Progressive to $218 from $226 and keeps a Neutral rating on the shares.
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 19.71. 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
19.71
Current PE
13.07
Overvalued PE
23.71
Undervalued PE
15.72

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
5.51
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
13.49
Undervalued EV/EBITDA
-2.48

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
1.18

Financials

AI Analysis
Annual
Quarterly

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Whales Holding PGR

G
GQG Partners, LLC
Holding
PGR
+17.40%
3M Return
Q
Quantbot Technologies, LP
Holding
PGR
+9.82%
3M Return
M
Maren Capital LLC
Holding
PGR
+9.52%
3M Return
F
Fairholme Capital Management, L.L.C.
Holding
PGR
+8.41%
3M Return
W
W. R. Berkley Corporation
Holding
PGR
+8.34%
3M Return
C
Ceredex Value Advisors LLC
Holding
PGR
+8.16%
3M Return

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Frequently Asked Questions

What is Progressive Corp (PGR) stock price today?

The current price of PGR is 206.84 USD — it has increased 0.02

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 10 2026.

What is Progressive Corp (PGR) market cap?

Today PGR has the market capitalization of 121.17B USD.