Inside the research

The Progressive Corporation

PGR Research profile · latest available data

Price overview

$205.50

▲ +3.33 (+1.6%)

52w hi$234.48
52w lo$190.32
Vol2.83M
As of25 Sep 2026

The Verdict

Hold

Our score +0.11

Short-0.00
Medium+0.10
Long+0.32

computed 2026-09-27

Key fundamentals

The Progressive Corporation

Financial Services · Insurance - Property & Casualty

Market cap$119.27B
Enterprise value$125.70B
Trailing P/E10.31x
Forward P/E0.20x
EV / EBITDA8.16x
P / S (ttm)1.31x
Profit margin12.8%
Return on equity34.9%
Revenue growth+7.3%
Earnings growth+5.0%
Debt / equity24.43

Layer Breakdown

LayerRawContribution
Fundamental+0.35
Sector+0.02
Technical-0.05
Earnings+0.00
Sentiment+0.08

macro × 1.00 · 2026-09-27

Business overview

The Progressive Corporation operates as an insurance company in the United States. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. The company also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers' compensation insurance for the transportation industry. In addition, it offers other specialty property-casualty insurance and provides related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

United States · www.progressive.com

Risk Metrics

Beta vs SPX0.14
Corr SPX0.09
Annual vol25.8%
Annual ret-8.2%
Sharpe-0.32
Max DD-34.6%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$230.43
High / Low$325.00 / $190.00
Median$220.00
Analysts21
Strong Buy3
Buy4
Hold16
Sell1
Strong Sell0

Recent rating actions

2026-04-16Wells Fargo→ Equal-Weight
2026-04-16B of A Securities→ Buy
2026-04-16BMO Capital→ Market Perform
2026-04-14B of A Securities→ Buy
2026-04-09Wells Fargo→ Equal-Weight
2026-04-07Keefe, Bruyette & Woods→ Market Perform

Material Events

DateEvent8-K
2026-08-10Reg FD Disclosure, Exhibitsread
2026-07-15Earnings Release, Exhibitsread
2026-06-17Officer / Director Change, Reg FD Disclosure…read
2026-05-20Reg FD Disclosure, Exhibitsread
2026-05-12Officer / Director Change, Shareholder Vote…read
2026-04-15Earnings Release, Exhibitsread
2026-03-26Other Material Event, Exhibitsread
2026-03-18Reg FD Disclosure, Exhibitsread
2026-02-18Reg FD Disclosure, Exhibitsread
2026-01-28Earnings Release, Officer / Director Change…read
2025-12-17Reg FD Disclosure, Exhibitsread
2025-11-19Reg FD Disclosure, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-07-28Quigg Andrew JVP and Chief Financial OfSell3.50K$769.78K
2026-07-27Murphy John JoClaims PresidentSell8.12K$1.73M
2026-07-27Bauer Jonathan S.Chief Investment OfficerSell2.24K$476.90K
2026-07-27Bailo KarenCommercial Lines PresidenSell8.45K$1.80M
2026-07-27Griffith Susan PatriciaPresident and CEOSell37.34K$7.94M
2026-07-24WITALEC DANIEL JChief Strategy OfficerWithheld for tax706$149.60K
2026-07-24Stringer David MVice Pres, Secretary and Grant530—
2026-07-24WITALEC DANIEL JChief Strategy OfficerGrant2.42K—
2026-07-24Stringer David MVice Pres, Secretary and Withheld for tax235$49.80K
2026-07-24Quigg Andrew JVP and Chief Financial OfGrant12.52K—

Flow & Concentration

Insider 180d net-$12.91M
Insider buys / sells0 / 6
Insider biasSellers
13F holders0
Top-5 share0.0%
HHI0 (—)

Dividends

Yield (TTM)6.72%
$ / share (TTM)$13.80
5y CAGR+13.1%

Annual dividend per share

2021$6.40
2022$0.40
2023$0.40
2024$1.15
2025$4.90
2026$13.70

SEC Filings

DateFormDoc
2026-08-108-Kview
2026-08-0310-Qview
2026-07-294view
2026-07-284view
2026-07-284view
2026-07-284view
2026-07-284view
2026-07-284view
2026-07-284view
2026-07-284view
2026-07-284view
2026-07-284view
2026-07-284view
2026-07-284view
2026-07-284view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$62.11B+10.4%
Net income$8.48B+13.9%
Cash from ops$17.55B+16.7%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$202.50$205.85$201.60$205.502.83M
Sep 24$204.29$205.08$200.96$202.175.08M
Sep 23$206.03$209.27$202.58$203.134.31M
Sep 22$211.50$211.69$203.65$206.944.81M
Sep 21$214.11$215.56$211.84$212.242.20M

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