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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
239.380
Open
235.470
VWAP
236.92
Vol
1.04M
Mkt Cap
134.88B
Low
234.450
Amount
245.55M
EV/EBITDA(TTM)
9.47
Total Shares
582.20M
EV
143.42B
EV/OCF(TTM)
8.55
P/S(TTM)
1.53
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.
Show More

Events Timeline

(ET)
2026-06-16
14:30:00
Progressive and CarMax Earnings Report Tomorrow
select

News

Newsfilter
9.5
07-06Newsfilter
PinnedProgressive Corp. to Release Q2 Earnings on July 15
  • Earnings Release Date: Progressive Corp. is set to release its Q2 earnings on July 15, with analysts closely monitoring the performance, expecting earnings per share (EPS) of $4.60, which indicates a decline from last year and highlights market challenges faced by the company.
  • Declining Earnings Expectations: The anticipated drop in EPS from last year's figures suggests that the company's profitability is under pressure in the current economic climate, which could impact investor confidence and stock performance.
  • Stock Price Increase: Despite the declining earnings expectations, Progressive's stock rose by 3.1% following the announcement, indicating a degree of market optimism regarding the company's future performance, possibly linked to investor confidence in its long-term growth potential.
  • Analyst Rating Updates: Analyst ratings for Progressive have been updated in the market, reflecting investor concerns about the company's financial health, which may influence future investment decisions and stock price volatility.
NASDAQ.COM
2.0
07-03NASDAQ.COM
Comparative Analysis of Essent and Progressive in Insurance Market
  • Essent Financial Performance: In FY 2025, Essent Group reported revenue of approximately $1.26 billion, remaining flat year-over-year, while net income was nearly $690 million, down about $40 million from 2024, indicating stable demand amid fluctuating interest rates.
  • Progressive Growth Momentum: For FY 2025, Progressive achieved revenue of nearly $83.2 billion, reflecting a robust 12% increase, with net income at $11.3 billion and a net margin of approximately 13.6%, demonstrating its effective pricing adjustments to rising repair and medical costs.
  • Market Competition Risks: Essent faces intense competition from other private mortgage insurers, with a high customer concentration where its top ten clients accounted for about 59% of new insurance written, indicating that losing any major client could significantly impact revenue.
  • Economic Outlook Impact: With increasing economic uncertainty, the future performance of both Essent and Progressive will be influenced by macroeconomic conditions, particularly housing affordability and consumer spending capacity, necessitating cautious risk assessment by investors.
Fool
2.0
07-03Fool
Investment Comparison: Essent vs. Progressive
  • Essent Overview: Essent Group focuses on providing private mortgage insurance to lenders, with FY 2025 revenue around $1.26 billion, showing flat growth but a net income of nearly $690 million, indicating stable demand amid fluctuating interest rates; however, a high customer concentration of 59% poses risks.
  • Progressive Financial Performance: Progressive achieved approximately $83.2 billion in revenue for FY 2025, a 12% increase year-over-year, with a net income of $11.3 billion and a net margin of 13.6%, reflecting its successful pricing adjustments to rising repair and medical costs, showcasing strong market competitiveness.
  • Risk Analysis: Essent faces intense competition from other private mortgage insurers and is highly sensitive to macroeconomic conditions, particularly mortgage interest rates and housing affordability, where the loss of any major partner could significantly impact its revenue.
  • Future Outlook: Essent is projected to see a 9% revenue increase to $1.37 billion in 2026, but net income is expected to decline by 4% to $663 million, while Progressive anticipates a 6% revenue rise to $88 billion, despite an 8% drop in net income to $10.4 billion, highlighting differing strategies amid economic uncertainty.
Yahoo Finance
6.5
07-03Yahoo Finance
Essent vs. Progressive: Which Insurance Stock to Buy in 2026?
  • Essent's Market Performance: Essent Group reported approximately $1.26 billion in revenue for FY 2025, showing flat growth but a net income of nearly $690 million, indicating strong profitability amid stable housing finance demand; however, a customer concentration of 59% adds significant business risk.
  • Progressive's Growth Potential: Progressive achieved nearly $83.2 billion in revenue for FY 2025, a robust 12% increase, with a net income of $11.3 billion and a net margin of 13.6%, demonstrating the company's ability to adjust pricing effectively in response to rising repair and medical costs, showcasing strong market adaptability.
  • Risk Profile Comparison: Essent faces intense competition from other private mortgage insurers and is highly sensitive to macroeconomic conditions, where the loss of any major partner could significantly impact revenue, while Progressive must navigate unpredictable catastrophe risks from climate change that could affect profitability.
  • Future Outlook and Investment Decision: Essent is projected to see a revenue increase of about 9% to $1.37 billion in 2026, but net income is expected to decline by 4% to $663 million, whereas Progressive's revenue is expected to rise by 6% to $88 billion, despite an 8% drop in net income to $10.4 billion, prompting investors to make choices based on their economic outlook.
Fool
9.5
07-01Fool
Analysis of Progressive's Float Income Potential
  • Strong Insurance Performance: In Q1 2026, Progressive reported nearly $21 billion in premium income with a combined ratio of approximately 86%, indicating robust profitability and operational efficiency in its insurance business.
  • Importance of Float Income: The company's investment portfolio reached $94 billion by the end of Q1, generating nearly $1 billion in investment income, highlighting the significant role of float income in overall revenue.
  • Impact of Interest Rates: With the Federal Reserve holding interest rates steady, expectations for future rate increases could further enhance Progressive's float income potential, boosting overall profitability.
  • Future Growth Outlook: Even if rates do not rise, Progressive remains well-positioned with strong insurance operations and nearly $1 billion in investment income, ensuring a solid business foundation in the current economic environment with promising growth prospects.
NASDAQ.COM
9.5
07-01NASDAQ.COM
Analysis of Progressive's Insurance Business
  • Premium Income Performance: In Q1 2026, Progressive reported nearly $21 billion in premium income with a combined ratio of approximately 86%, indicating strong profitability and effective risk management in its insurance operations.
  • Importance of Float: The company's investment portfolio reached $94 billion by the end of Q1, generating nearly $1 billion in investment income, highlighting the float's critical role in future growth, especially as interest rates are expected to rise.
  • Interest Rate Impact Analysis: With rising inflation, the Federal Reserve has held interest rates steady, but potential increases could further enhance Progressive's float income, boosting overall profitability and financial stability.
  • Future Outlook: Even if rates do not rise, Progressive remains well-positioned with robust insurance operations and close to $1 billion in investment income, demonstrating strong resilience and growth potential in the current market environment.
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
HSBC
Vikram Gandhi
Hold
maintain
$214 -> $221
AI Analysis
2026-07-06
New
Reason
HSBC
Vikram Gandhi
Price Target
$214 -> $221
AI Analysis
2026-07-06
New
maintain
Hold
Reason
HSBC analyst Vikram Gandhi raised the firm's price target on Progressive to $221 from $214 and keeps a Hold rating on the shares. The firm adjusted estimates and targets in the U.S. insurance space as part of its mid-year U.S. insurance check-in note.
UBS
Neutral
maintain
$220 -> $230
2026-06-30
Reason
UBS
Price Target
$220 -> $230
2026-06-30
maintain
Neutral
Reason
UBS raised the firm's price target on Progressive to $230 from $220 and keeps a Neutral rating on the shares. The firm updated its estimates ahead of the Q2 earnings report.
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 14.16, compared to its 5-year average forward P/E of 18.91. 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
18.91
Current PE
14.16
Overvalued PE
23.29
Undervalued PE
14.53

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
6.10
Current EV/EBITDA
9.05
Overvalued EV/EBITDA
13.84
Undervalued EV/EBITDA
-1.64

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
1.42
Overvalued PS
1.64
Undervalued PS
1.19

Financials

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Progressive Corp
125.08B

Whales Holding PGR

D
Dakota Wealth, LLC
Holding
PGR
+24.34%
3M Return
I
Inspire Investing, LLC
Holding
PGR
+20.48%
3M Return
K
Kensico Capital Management Corp.
Holding
PGR
+19.38%
3M Return
C
Ceredex Value Advisors LLC
Holding
PGR
+18.44%
3M Return
B
BNP Paribas Financial Markets SNC
Holding
PGR
+17.82%
3M Return
N
Nlb Skladi, d.o.o.
Holding
PGR
+17.60%
3M Return

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Frequently Asked Questions

What is Progressive Corp (PGR) stock price today?

The current price of PGR is 236.94 USD — it has increased 2.27

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 July 07 2026.

What is Progressive Corp (PGR) market cap?

Today PGR has the market capitalization of 134.88B USD.