PROGRESSIVE CORP(OHIO)

PROGRESSIVE CORP(OHIO)

Progressive Corporation (PGR) is a large US property-and-casualty insurer best known for personal auto insurance, with material exposure to commercial lines and other retail products. It combines a direct-to-consumer model with broker relationships and a notable focus on data, telematics and pricing optimisation. Investors should note Progressive’s mix of underwriting performance and investment income drives returns; loss events, reserve development or market volatility can affect results. The company’s market position and scale give competitive advantages, but insurance is cyclical and highly regulated. Progressive offers steady earnings potential and modest dividends, yet capital returns and growth depend on combined ratios and market conditions. This summary is for educational purposes and not personal advice β€” values can rise and fall and past performance is no guarantee of future results. Consider your investment objectives and risk tolerance before acting, and consult a qualified adviser for tailored guidance.

Why It's Moving

PROGRESSIVE CORP(OHIO)

Analysts Pin +21% Upside on Progressive as Fresh Price Targets Signal Insurance Sector Strength

Progressive shares are drawing bullish attention from Wall Street, with recent analyst updates projecting significant upside amid stabilizing insurance premiums. Investors are responding to trimmed yet optimistic targets that highlight the company's resilient underwriting and market share gains.
Sentiment:
πŸƒBullish
  • Wells Fargo lowered its target to $215 from $217 on April 9 but kept an equal weight rating, implying 8.7% upside and underscoring steady performance in a competitive field.
  • Consensus from 20+ analysts clusters around $270, reflecting confidence in Progressive's ability to navigate rising claims through tech-driven efficiencies.
  • Recent ratings from Goldman Sachs and Barclays maintain buy/neutral stances, betting on broader sector tailwinds like moderating catastrophe losses boosting profitability.

When is the next earnings date for PROGRESSIVE CORP(OHIO) (PGR)?

Progressive Corporation (PGR) most recently reported Q1 2026 earnings on April 15, 2026. The next earnings release, covering Q2 2026, is estimated between June 29, 2026 and July 9, 2026, based on the company's historical patterns, as no specific date has been announced. Investors should monitor official channels for confirmation.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Progressive's stock, predicting it could rise significantly in value.

Above Average

Financial Health

Progressive Corp is performing well with strong revenue and cash flow, indicating solid financial health.

High

Dividend

Progressive Corp's high dividend yield of 6.85% makes it an appealing choice for investors seeking dividend income. If you invested $1000, you would be paid $68.50 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

πŸ“ˆ

Scale in auto insurance

Progressive’s large market share and distribution mix can support underwriting efficiencies, though results vary with claims and competition.

⚑

Data and telematics

Usage-based pricing and analytics can sharpen risk selection and pricing, but benefits depend on adoption and regulatory scrutiny.

🌍

Claims and volatility

Catastrophes and reserve changes can swing earnings; investors should weigh potential upside against cyclical and event-driven risks.

Compare Progressive with other stocks

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