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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
196.590
Open
195.680
VWAP
194.11
Vol
3.31M
Mkt Cap
113.36B
Low
191.750
Amount
642.32M
EV/EBITDA(TTM)
8.03
Total Shares
584.34M
EV
121.58B
EV/OCF(TTM)
7.25
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

Fool
8.0
05-08Fool
High-Yield Stock Recommendations Amid Economic Uncertainty
  • Vici Properties Resilience: Despite economic challenges, Vici Properties (VICI) has achieved eight consecutive years of dividend growth, with a current yield of 6.19%, demonstrating its profitability resilience in adverse conditions.
  • Enbridge's Stable Revenue: Enbridge (ENB) operates over 18,000 miles of pipelines with a daily transport capacity of nearly 6 million barrels, and its stable revenue model has allowed it to raise its annual dividend for 31 consecutive years, currently yielding 5.3%.
  • Progressive's Special Dividend: Progressive (PGR) paid a special dividend of $13.50 per share in January 2023; despite a 30% drop in stock price over the past year, its active policy count increased by 10% year-over-year, driving an 8% premium growth, with a current yield of about 7%.
  • Portfolio Diversification Advice: Given the current economic uncertainty, investors should consider incorporating Vici, Enbridge, and Progressive into their portfolios to secure stable income streams and potential capital appreciation, especially as high-risk growth stocks face pressure.
PRnewswire
8.5
05-04PRnewswire
Progressive Expands Down Payment Assistance Program for Homebuyers
  • Down Payment Assistance Amount: Progressive Insurance is expanding its UpPayment program to provide personalized down payment assistance of up to $13,500 each to at least 200 eligible first-time homebuyers, aiming to help them overcome financial barriers and expedite home purchases, thereby promoting family stability and wealth accumulation.
  • Program Background: The UpPayment program is part of Progressive's Open the House initiative, which seeks to help more people achieve homeownership through education, community partnerships, and targeted financial support, especially against the backdrop of rising housing costs and a widening wealth gap.
  • Application Requirements: The program is exclusively available to first-time homebuyers who have not owned a home in the past three years, requiring applicants to work with participating HUD-certified housing counselors and meet income and other eligibility criteria to ensure effective allocation and use of funds.
  • Long-Term Commitment: Since 2024, Progressive has committed over $16 million to making homeownership dreams more achievable, demonstrating the company's strong dedication to social responsibility and community development.
Newsfilter
8.5
05-04Newsfilter
Progressive Expands Down Payment Assistance for First-Time Homebuyers
  • Increased Assistance: Progressive Insurance's UpPayment program offers personalized down payment assistance of up to $13,500 for eligible first-time homebuyers, aiming to support at least 200 applicants, thereby significantly lowering the barriers to homeownership and promoting family stability.
  • Application Timeline: The program is now open for applications until October 31, designed to assist first-time buyers in navigating the homebuying process through collaboration with HUD-certified housing counselors, which enhances their chances of successful home purchases.
  • Community Support Commitment: The UpPayment program is part of Progressive's “Open the House” initiative, reflecting the company's commitment of over $16 million in the past two years to help more families achieve homeownership through education and financial support.
  • Housing Market Context: According to the National Association of Realtors, only 21% of homebuyers in 2025 were first-time buyers, marking the lowest level on record, highlighting the pressures of rising housing costs and wealth disparity, which the UpPayment program aims to address.
Yahoo Finance
6.0
05-03Yahoo Finance
The Progressive Corporation Rated as Low-Risk Investment
  • Price Target Increase: BofA Securities raised The Progressive Corporation's price target from $298 to $312 while maintaining a Buy rating, indicating confidence in the company's future performance despite Q1 earnings of $1.55 per share falling short of the $1.62 forecast.
  • Expense Ratio Improvement: Progressive's expense ratio decreased to 20.0% in March from 20.6%-20.9% in previous months, reflecting progress in cost control, potentially due to reduced advertising expenditures or a more stable workforce.
  • Earnings Forecast Adjustment: Based on March data, BofA lowered its full-year forecast for Progressive for fiscal 2026, but increased its out-year projections by 10 cents due to slightly higher stock buyback estimates, reflecting a reassessment of the company's long-term value.
  • Enhanced Market Adaptability: Although the loss ratio exceeded expectations, Progressive's net prior-period development was greater than predicted, demonstrating the company's enhanced adaptability to market changes, which may lay the groundwork for future growth.
Newsfilter
9.5
05-02Newsfilter
Berkshire's Insurance Business Faces Competitive Pressures
  • First Quarter Performance: Berkshire Hathaway reported a revenue increase to $81.1 billion from $77.6 billion year-over-year, indicating a relatively benign period for insurance losses without major catastrophes; however, CEO Abel noted that the insurance business faces increasing competitive pressures.
  • Increased Market Competition: Abel highlighted that new capital entering the market has created a more competitive pricing environment, prompting Berkshire's insurance operations to adopt a more cautious approach, particularly in primary and reinsurance sectors, to balance premiums and underwriting risks.
  • Auto Insurance Market Dynamics: Geico is experiencing unprecedented customer shopping activity, with Abel stating that despite rising premiums, the company is working hard to segment its customer base to retain as many clients as possible, although restarting growth will be challenging.
  • Decline in Underwriting Gains: In the first quarter, Geico's pre-tax underwriting gains fell by 35% due to increased advertising expenses and rising accident claims, highlighting the challenges of maintaining profitability in a highly competitive market.
Fool
9.5
05-02Fool
Lemonade Disrupts Insurance Industry with AI Innovations
  • Significant Customer Growth: Lemonade experienced a 23% increase in customers during Q1 2026, surpassing 3.1 million, indicating that its AI-driven service efficiency is attracting more users and solidifying its market position.
  • Accelerated Premium Revenue: As of the end of 2022, Lemonade's in-force premium (IFP) reached $1.3 billion, doubling year-over-year despite a 6% reduction in workforce, demonstrating the company's ability to expand its business through efficient AI technology.
  • Substantial Revenue Increase: In Q1 2026, Lemonade's revenue soared by 71% year-over-year to $258 million, exceeding the forecast range of $246 million to $251 million, prompting management to raise its full-year revenue forecast to $1.2 billion.
  • Enhanced Investment Appeal: Lemonade's price-to-sales (P/S) ratio is currently at 5.8, close to its three-year average, with projected revenue of $1.6 billion in 2027, suggesting that long-term investors could see significant returns.
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 12.08, compared to its 5-year average forward P/E of 19.16. 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
19.16
Current PE
12.08
Overvalued PE
23.40
Undervalued PE
14.91

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
5.84
Current EV/EBITDA
7.80
Overvalued EV/EBITDA
13.64
Undervalued EV/EBITDA
-1.96

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
+19.50%
3M Return
D
Dakota Wealth, LLC
Holding
PGR
+18.72%
3M Return
C
Ceredex Value Advisors LLC
Holding
PGR
+17.75%
3M Return
F
Fosun International Holdings Ltd.
Holding
PGR
+16.33%
3M Return
N
Nomura Asset Management Taiwan Ltd.
Holding
PGR
+16.02%
3M Return
K
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
Holding
PGR
+14.65%
3M Return

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Frequently Asked Questions

What is Progressive Corp (PGR) stock price today?

The current price of PGR is 194 USD — it has decreased -0.89

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 10 2026.

What is Progressive Corp (PGR) market cap?

Today PGR has the market capitalization of 113.36B USD.