Nemo Money has over 1 million (1M+) downloads with a high rating of 4.6 stars from thousands of reviews. Join Nemo and trade with 0% commission.Nemo Money has over 1 million (1M+) downloads with a high rating of 4.6 stars from thousands of reviews. Join Nemo and trade with 0% commission.Nemo Money has over 1 million (1M+) downloads with a high rating of 4.6 stars from thousands of reviews. Join Nemo and trade with 0% commission.Nemo Money has over 1 million (1M+) downloads with a high rating of 4.6 stars from thousands of reviews. Join Nemo and trade with 0% commission.
Progressive Corp.

Progressive Corp.

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.

Progressive Stock Hits 1-Year Low Amid Analyst Downgrades and Insider Selling Pressure.

Progressive Corp (PGR) shares tumbled to a new 1-year low near $204 this week, reflecting investor concerns over recent analyst price target cuts from firms like BMO Capital and Wells Fargo. The pullback signals broader caution in the insurance sector, where valuation pressures and executive share sales are weighing on sentiment despite the company's solid long-term growth track record.
Sentiment:
🐻Bearish
  • BMO Capital slashed its price target from $253 to $239 with a 'market perform' rating, while Wells Fargo trimmed theirs to $240, highlighting tempered growth expectations.
  • Insiders, including the CFO, offloaded over 9,000 shares worth $2M in the past quarter, fueling perceptions of limited near-term upside.
  • Stock closed at $206 amid a weekly 1.7% gain off lows but 9.2% down over 30 days, trading at a P/E of 11.15 below industry averages.

When is the next earnings date for Progressive Corp. (PGR)?

Progressive Corporation is scheduled to report its fourth quarter 2025 earnings on January 28, 2026, before market open. This earnings release will cover the fiscal quarter ending December 31, 2025, and comes just two days from the current date. The company's Q3 2025 earnings, reported in October 2025, showed an EPS of $4.45 against analyst expectations of $5.04, representing a miss of $0.59 per share.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Progressive Corp. stock with a target price of $255.51, indicating strong growth potential.

Above Average

Financial Health

Progressive Corp. is performing well with strong revenue, profits, and cash flow, signaling financial stability.

Average

Dividend

Progressive Corp. offers an average dividend yield of 2.35%, appealing for those seeking dividends. If you invested $1000 you would be paid $23.50 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.

Baskets Featuring PGR

Property & Casualty Insurers Gain On European Strength

Property & Casualty Insurers Gain On European Strength

German insurer Allianz recently announced a significant increase in its second-quarter profits, surpassing expectations and signaling strength in the European insurance market. This suggests that other major European insurance companies with robust property and casualty operations could also be poised for growth.

Published: August 7, 2025

Explore Basket
Defensive Plays For A Slowing Economy

Defensive Plays For A Slowing Economy

U.S. job growth has slowed more than expected, signaling that economic uncertainty from trade tensions is impacting the labor market. This creates a potential investment opportunity in companies that are resilient to economic headwinds, such as those in defensive sectors and essential business services.

Published: August 4, 2025

Explore Basket
Property & Casualty Insurance Momentum Play

Property & Casualty Insurance Momentum Play

This carefully selected group of stocks captures the potential upside across the property and casualty insurance sector. Professional analysts have identified these companies following Travelers' impressive earnings report, suggesting similar strength may benefit other disciplined insurers with solid underwriting practices.

Published: July 20, 2025

Explore Basket
Extreme-Weather Insurance Innovators

Extreme-Weather Insurance Innovators

This collection features forward-thinking companies using cutting-edge technology to insure against catastrophic weather events. As climate-related disasters become more frequent, these specialized insurers and data providers are positioned to become essential components of the global risk management landscape.

Published: June 17, 2025

Explore Basket
Patient Builders

Patient Builders

Companies that create lasting value through quality and customer trust rather than chasing quick profits. This carefully curated collection showcases market leaders who've proven that patient, sustainable growth leads to superior long-term returns.

Published: June 17, 2025

Explore Basket
Female Leaders

Female Leaders

Invest in 10 of America's largest companies led by visionary women CEOs. These carefully selected stocks represent powerful female leadership across tech, finance, healthcare, and more, bringing diversity and proven performance to your portfolio.

Published: May 3, 2025

Explore Basket

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

Charles SchwabProgressive

Charles Schwab vs Progressive

Charles Schwab vs Progressive

HDFC BankProgressive

HDFC Bank vs Progressive

HDFC Bank vs Progressive

BlackRockProgressive

BlackRock vs Progressive

BlackRock vs Progressive: a comparison

Why invest with Nemo?

Nemo Logo Fade
πŸ†“

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

πŸ”’

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

πŸ’°

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Opportunities

AON

Aon plc

Aon PLC is a professional services firm providing risk, retirement and health solutions to organizations around the world.

AJG

Arthur J Gallagher & Co.

Provides insurance and risk management services to individuals,families, and businesses worldwide.

AFL

AFLAC Inc.

Aflac provides supplemental health insurance products.

Frequently asked questions