PGR icon

Progressive

276.46 USD
+1.79
0.65%
Updated Mar 28, 10:40 AM EDT
1 day
0.65%
5 days
0.36%
1 month
-1.96%
3 months
15.38%
6 months
8.95%
Year to date
14.88%
1 year
33.67%
5 years
262.90%
10 years
910.08%
 

About: Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 24 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.

Employees: 66,300

0
Funds holding %
of 7,390 funds
0
Analysts bullish %
of 8 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

111% more first-time investments, than exits

New positions opened: 234 | Existing positions closed: 111

14% more call options, than puts

Call options by funds: $574M | Put options by funds: $504M

13% more repeat investments, than reductions

Existing positions increased: 670 | Existing positions reduced: 595

5% more funds holding

Funds holding: 1,632 [Q3] → 1,719 (+87) [Q4]

0.2% more ownership

Funds ownership: 85.61% [Q3] → 85.81% (+0.2%) [Q4]

5% less capital invested

Capital invested by funds: $127B [Q3] → $120B (-$6.63B) [Q4]

10% less funds holding in top 10

Funds holding in top 10: 78 [Q3] → 70 (-8) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$256
7%
downside
Avg. target
$296
7%
upside
High target
$317
15%
upside

8 analyst ratings

positive
75%
neutral
25%
negative
0%
Keefe, Bruyette & Woods
Meyer Shields
80% 1-year accuracy
85 / 106 met price target
9%upside
$300
Outperform
Maintained
20 Mar 2025
B of A Securities
Joshua Shanker
51% 1-year accuracy
26 / 51 met price target
9%upside
$300
Buy
Maintained
20 Mar 2025
UBS
Brian Meredith
93% 1-year accuracy
26 / 28 met price target
3%upside
$285
Neutral
Maintained
14 Mar 2025
Barclays
Alex Scott
58% 1-year accuracy
43 / 74 met price target
3%upside
$285
Equal-Weight
Maintained
13 Mar 2025
Roth MKM
Harry Fong
76% 1-year accuracy
16 / 21 met price target
14%upside
$315
Buy
Maintained
25 Feb 2025

Financial journalist opinion

Based on 35 articles about PGR published over the past 30 days

Neutral
Zacks Investment Research
15 hours ago
Progressive (PGR) Ascends While Market Falls: Some Facts to Note
In the latest trading session, Progressive (PGR) closed at $274.67, marking a +0.78% move from the previous day.
Progressive (PGR) Ascends While Market Falls: Some Facts to Note
Positive
Zacks Investment Research
20 hours ago
Is Progressive (PGR) a Solid Growth Stock? 3 Reasons to Think "Yes"
Progressive (PGR) could produce exceptional returns because of its solid growth attributes.
Is Progressive (PGR) a Solid Growth Stock? 3 Reasons to Think "Yes"
Positive
Zacks Investment Research
1 day ago
Is It Worth Investing in Progressive (PGR) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Is It Worth Investing in Progressive (PGR) Based on Wall Street's Bullish Views?
Positive
Zacks Investment Research
3 days ago
Is Progressive's Still a Buy Post Its Impressive February Results?
PGR seems well-poised on improving premiums, steady policy life expectancy, investment in technology and a solid capital position.
Is Progressive's Still a Buy Post Its Impressive February Results?
Neutral
Zacks Investment Research
6 days ago
Progressive (PGR) Stock Drops Despite Market Gains: Important Facts to Note
In the closing of the recent trading day, Progressive (PGR) stood at $272.86, denoting a -0.64% change from the preceding trading day.
Progressive (PGR) Stock Drops Despite Market Gains: Important Facts to Note
Positive
Zacks Investment Research
1 week ago
Is The Progressive (PGR) Stock a Solid Choice Right Now?
The Progressive (PGR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Is The Progressive (PGR) Stock a Solid Choice Right Now?
Positive
Zacks Investment Research
1 week ago
Why the Market Dipped But Progressive (PGR) Gained Today
In the latest trading session, Progressive (PGR) closed at $274.62, marking a +0.49% move from the previous day.
Why the Market Dipped But Progressive (PGR) Gained Today
Positive
Zacks Investment Research
1 week ago
Bet on 4 Low-Beta Stocks Right Away: PGR, BIDU, TGNA & JD
It is imperative to build a portfolio of low-beta stocks to navigate a volatile market. PGR, BIDU, TGNA & JD are well-poised to gain.
Bet on 4 Low-Beta Stocks Right Away: PGR, BIDU, TGNA & JD
Negative
The Motley Fool
1 week ago
Why Progressive Stock Wilted on Wednesday
On Wednesday, investors felt that they couldn't make a lot of portfolio progress with Progressive (PGR -3.56%). The insurance company's stock was hit with a sell-off following an analyst's price target cut; on the back of this, it closed the day almost 4% down in price.
Why Progressive Stock Wilted on Wednesday
Positive
Zacks Investment Research
1 week ago
Buy 3 U.S. Giants Flying High Year to Date Defying Severe Volatility
Three U.S. bigwigs flying high year to date with more upside are GILD, GE and PGR.
Buy 3 U.S. Giants Flying High Year to Date Defying Severe Volatility
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