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Progressive (PGR) Stock Price & Analysis

2,227 Followers

PGR Stock Chart & Stats

$233.53$1.78(0.77%)
At close: 4:00 PM EST
$200$210$220$230Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
$229.28 - $234.29
52-Week Range
$189.20 - $241.02
Previous Close
$231.75
Volume
N/A
Average Volume (3M)
2.64M
Market Cap
$134.27B
Enterprise Value
$129.08B
Total Cash (Recent Filing)
$99.34B
Total Debt (Recent Filing)
$8.39B
Price to Earnings (P/E)
11.7
Beta
0.38
Next Earnings
Jan 27, 2027 (Est.)
EPS Estimate
4.04
Last Dividend Ex-Date
Oct 01, 2026
Dividend Yield
5.95%

Bulls Say, Bears Say

Bulls Say

Market-share Gains

Progressive is taking more than its fair share of shoppers despite its large existing customer base and intense competition. Continued share gains, strong conversion, and approximately 40.5 million policies in force indicate durable brand, pricing, and distribution advantages.

Sustainable Operating Efficiency

Long-running reductions in non-acquisition expenses and higher policy productivity support durable underwriting economics. Technology and process investments can allow Progressive to scale its large policy base while controlling operating costs and preserving flexibility in competitive markets.

Strong Earnings And Cash Generation

The sharp improvement in revenue and profitability demonstrates strong recent operating execution, while the company’s cash generation closely tracks reported earnings. This combination provides capital to support growth, strengthen the balance sheet, and fund shareholder returns over the medium term.

Bears Say

Rising Acquisition-cost Pressure

Competitors are trading margin for growth through lower rates and heavier distribution spending, raising the cost of acquiring policies. Progressive may need to spend more to defend growth or accept slower expansion when customer economics fall below its threshold, pressuring future underwriting margins.

Claims Severity Risk

Personal auto profitability remains exposed to claims inflation and changes in injury-related loss trends. Higher medical costs, attorney involvement, and worsening PIP or bodily injury severity could require additional pricing actions or reserve adjustments, making recent strong margins less durable.

Commercial Lines Volatility

Commercial Lines offers meaningful growth, but uneven reserving and volatile monthly results make earnings less predictable. If elevated loss experience persists, the company may need to reprice business or moderate expansion, reducing the contribution from an otherwise attractive growth opportunity.

Progressive News

PGR FAQ

What was Progressive’s price range in the past 12 months?
Progressive lowest stock price was $189.20 and its highest was $241.02 in the past 12 months.
What is Progressive’s market cap?
Progressive’s market cap is $134.27B.
When is Progressive’s upcoming earnings report date?
Progressive’s next earnings report is estimated for Jan 27, 2027 (not yet confirmed), which is in 76 days.
How were Progressive’s earnings last quarter?
Progressive released its earnings results on Nov 02, 2026. The company reported $4.662 earnings per share for the quarter, beating the consensus estimate of $4.351 by $0.311.
Is Progressive overvalued?
According to Wall Street analysts Progressive’s price is currently Overvalued.
Does Progressive pay dividends?
Progressive pays a quarterly dividend of $0.1 which represents an annual dividend yield of 5.95%. See more information on Progressive dividends here
What is Progressive’s EPS estimate?
Progressive’s EPS estimate is 4.04.
How many shares outstanding does Progressive have?
Progressive has 579,362,200 shares outstanding.
What happened to Progressive’s price movement after its last earnings report?
Progressive reported an EPS of $4.662 in its last earnings report, beating expectations of $4.351. Following the earnings report the stock price went up 1.141%.
Which hedge fund is a major shareholder of Progressive?
Hedge funds hold Progressive shares: the largest hedge-fund position in Progressive is 71,888,079 shares, and hedge funds decreased their holdings by 4.1M shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology