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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

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High
194.930
Open
194.440
VWAP
191.51
Vol
6.60M
Mkt Cap
111.10B
Low
189.200
Amount
1.26B
EV/EBITDA(TTM)
8.03
Total Shares
583.50M
EV
121.72B
EV/OCF(TTM)
7.26
P/S(TTM)
1.28
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)
2026-05-04
14:50:00
Notable Companies Earnings Consensus: Palantir 28c
select
2026-04-15 (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

News

NASDAQ.COM
9.5
05-29NASDAQ.COM
PinnedProgressive's Telematics Advantage in Auto Insurance
  • Data-Driven Growth: Progressive leverages nearly two decades of driving data through telematics to match risk with rates, achieving profitable growth in its auto insurance business, with personal line payments increasing by 11% year-over-year in Q1 2026, adding $1.3 billion and demonstrating strong market performance.
  • Telematics Market Leadership: As the first insurer to adopt telematics, Progressive's Snapshot program boasted 3 million customers by 2015, enhancing its competitive edge in the insurance market, particularly against emerging insurtech startups.
  • Advantage of Low Loss Ratio: With a combined ratio of 86.4% in Q1 2026, significantly below the 96% target, Progressive's performance reflects effective risk management capabilities, providing sustained profitability and market competitiveness.
  • Returns from Long-Term Investment: Progressive's nearly two-decade investment in telematics lays the groundwork for future growth, and despite market concerns about its performance this year, its dominance in auto insurance will continue to drive its outperformance against the market.
Fool
7.5
05-29Fool
Progressive Insurance's Competitive Edge in Auto Insurance
  • Technological Leadership: Progressive's telematics program, launched in 2008, has kept it ahead in the insurance industry, achieving a 57% awareness rate by 2013 and reaching 3 million customers by 2015, showcasing its strong influence in the auto insurance market.
  • Data-Driven Pricing: By accumulating extensive driving data, Progressive can accurately match risk to premiums, with personal line payments increasing 11% year-over-year in Q1 2026, adding $1.3 billion and further solidifying its market position.
  • Competitive Advantage: The new Snapshot model's rollout in 14 states covers 44% of net premiums written over the past 12 months, improving risk selection and achieving the highest conversion rates in over 20 years, demonstrating its robust competitiveness in the market.
  • Low Loss Ratio: With a combined ratio of 86.4% in Q1 2026, well below the 96% target, Progressive's performance reflects effective risk management and lays a solid foundation for future growth.
Fool
2.0
05-29Fool
The Choice in Insurance Market 2026
  • Conservative vs. Innovative: Progressive reported nearly $87.6 billion in revenue for FY 2025, a 16.3% increase year-over-year, with a net income of $11.3 billion, showcasing its strong stability in the property and casualty market; however, reliance on Uber's commercial lines adds customer concentration risk.
  • Tech-Driven Challenger: Lemonade generated approximately $737.9 million in revenue for FY 2025, growing at about 40.2% year-over-year, despite a net loss of roughly $165.5 million, it has attracted 3.1 million customers through AI and automation, highlighting its potential in the younger consumer segment.
  • Risks and Opportunities: Progressive faces intense competition from large insurers and potential losses from natural disasters, while Lemonade's reliance on algorithm accuracy poses risks, as any technical failures could impact pricing and underwriting, increasing operational risks.
  • Significant Valuation Differences: Progressive's forward P/E ratio stands at 12.1x, appealing to value-oriented investors, while Lemonade trades at a high 122.4x, reflecting expectations for rapid growth, prompting investors to choose based on their risk appetite.
NASDAQ.COM
8.5
05-29NASDAQ.COM
Insurance Market Competition: Choosing Between Progressive and Lemonade
  • Market Competition Landscape: Progressive dominates the property and casualty insurance market, reporting nearly $87.6 billion in revenue for FY 2025, a 16.3% increase year-over-year, with a net income of approximately $11.3 billion, showcasing its strong profitability and market stability.
  • Tech-Driven Challenger: Lemonade captures younger demographics with its AI-driven model, generating about $737.9 million in revenue for FY 2025, a 40.2% year-over-year increase, despite a net loss of roughly $165.5 million, highlighting the contradiction between its high growth potential and unstable profitability.
  • Financial Health Comparison: As of December 2025, Progressive's debt-to-equity ratio stood at 0.2x and its current ratio was nearly 0.6x, indicating a conservative debt strategy; in contrast, Lemonade's debt-to-equity ratio was 0.3x with a current ratio of 1.5x, reflecting its strong short-term liquidity position.
  • Investor Choice: For risk-averse investors, Progressive's stable cash flow and profitability are more attractive, while those seeking high growth may consider Lemonade, despite its inconsistent profitability.
CNBC
8.0
05-27CNBC
Chubb Announces $7.5 Billion Share Buyback Program
  • Buyback Program Launch: Chubb announced a $7.5 billion share repurchase program following its annual meeting, aiming to enhance earnings per share by reducing the share count, although this strategy may harm shareholder value in the long term.
  • Industry Trend Review: Travelers authorized a $5 billion buyback, raising its total repurchase capacity to $7 billion, indicating that insurers are revisiting buyback strategies from past downturns to tackle stagnating revenue growth and declining cash flows.
  • Market Reaction Analysis: While buybacks may boost EPS in the short term, Bank of America analysts noted that insurers are repurchasing at prices above book value, which could dilute long-term capital, especially as Chubb, Hartford, and W.R. Berkley trade above their 10-year averages.
  • Capital Allocation Strategy: Travelers indicated that its financial health and underwriting results support both significant buybacks and dividends, while Chubb's CEO committed to increasing buybacks when stock prices are below intrinsic value, emphasizing the need for investors to focus on management's capital allocation capabilities in a softening insurance market.
NASDAQ.COM
2.0
05-25NASDAQ.COM
Berkshire Hathaway Stock Performance Analysis
  • Stock Performance Comparison: Berkshire Hathaway (BRK.B) has declined by 3.2% over the past three months, underperforming the industry’s 2.4% drop and the financial sector’s 0.8% decrease, indicating relative weakness in the market despite the S&P 500 gaining 8.9% in the same period.
  • Valuation Analysis: Currently, BRK.B trades at a price-to-book ratio of 1.44, which is above the industry average of 1.38 but below the three-year median of 1.52, suggesting that the stock may be overvalued, potentially affecting investor buying decisions.
  • Core Insurance Business: The insurance segment accounts for nearly a quarter of Berkshire's total revenues and serves as a major engine for long-term value creation due to disciplined underwriting practices and a strong profitability track record, demonstrating stability across economic cycles.
  • Capital Allocation Strategy: As of the end of 2025, Berkshire's cash and U.S. Treasury holdings exceeded $370 billion, providing substantial liquidity for acquisitions, while its insurance float reached $176.9 billion, supporting long-term shareholder value creation with low-cost capital.
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
Reason
BMO Capital
Price Target
$208 -> $221
AI Analysis
2026-04-16
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
Reason
BofA
Price Target
$298 -> $312
2026-04-16
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 12.21, compared to its 5-year average forward P/E of 19.06. 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
19.06
Current PE
12.21
Overvalued PE
23.37
Undervalued PE
14.75

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
5.93
Current EV/EBITDA
7.78
Overvalued EV/EBITDA
13.71
Undervalued EV/EBITDA
-1.84

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
1.19
Overvalued PS
1.64
Undervalued PS
1.18

Financials

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Whales Holding PGR

B
Blue Sparrow, Llc
Holding
PGR
+25.92%
3M Return
N
Nlb Skladi, d.o.o.
Holding
PGR
+21.82%
3M Return
S
SG Americas Securities, LLC
Holding
PGR
+20.99%
3M Return
K
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
Holding
PGR
+19.53%
3M Return
D
Dakota Wealth, LLC
Holding
PGR
+19.34%
3M Return
P
Pathstone Family Office, LLC
Holding
PGR
+19.03%
3M Return

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Frequently Asked Questions

What is Progressive Corp (PGR) stock price today?

The current price of PGR is 190.4 USD — it has decreased -2.11

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 May 30 2026.

What is Progressive Corp (PGR) market cap?

Today PGR has the market capitalization of 111.10B USD.