22 Analysts Have This To Say About Progressive
Progressive Corporation PGR | 195.25 | +1.03% |
In the preceding three months, 22 analysts have released ratings for Progressive (NYSE:PGR), presenting a wide array of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 2 | 16 | 1 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 4 | 0 | 0 |
| 2M Ago | 1 | 0 | 5 | 1 | 0 |
| 3M Ago | 1 | 2 | 7 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $244.89, a high estimate of $308.00, and a low estimate of $205.00. Highlighting a 3.26% decrease, the current average has fallen from the previous average price target of $253.14.
Exploring Analyst Ratings: An In-Depth Overview
The standing of Progressive among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Joshua Shanker | B of A Securities | Lowers | Buy | $308.00 | $315.00 |
| Brian Meredith | UBS | Lowers | Neutral | $218.00 | $226.00 |
| David Motemaden | Evercore ISI Group | Lowers | In-Line | $230.00 | $237.00 |
| Elyse Greenspan | Wells Fargo | Lowers | Equal-Weight | $214.00 | $220.00 |
| Meyer Shields | Keefe, Bruyette & Woods | Raises | Market Perform | $232.00 | $225.00 |
| Matthew Heimermann | Citigroup | Lowers | Buy | $261.00 | $300.60 |
| Meyer Shields | Keefe, Bruyette & Woods | Lowers | Market Perform | $225.00 | $252.00 |
| Bob Huang | Morgan Stanley | Lowers | Underweight | $205.00 | $214.00 |
| Elyse Greenspan | Wells Fargo | Lowers | Equal-Weight | $220.00 | $240.00 |
| Michael Zaremski | BMO Capital | Lowers | Market Perform | $232.00 | $239.00 |
| Michael Zaremski | BMO Capital | Lowers | Market Perform | $239.00 | $253.00 |
| Elyse Greenspan | Wells Fargo | Lowers | Equal-Weight | $240.00 | $242.00 |
| Alex Scott | Barclays | Raises | Overweight | $265.00 | $257.00 |
| David Motemaden | Evercore ISI Group | Lowers | In-Line | $237.00 | $250.00 |
| Jimmy Bhullar | JP Morgan | Lowers | Overweight | $275.00 | $303.00 |
| Meyer Shields | Keefe, Bruyette & Woods | Raises | Market Perform | $252.00 | $250.00 |
| Elyse Greenspan | Wells Fargo | Raises | Equal-Weight | $247.00 | $242.00 |
| Elyse Greenspan | Wells Fargo | Lowers | Equal-Weight | $242.00 | $247.00 |
| Meyer Shields | Keefe, Bruyette & Woods | Raises | Market Perform | $250.00 | $246.00 |
| Michael Zaremski | BMO Capital | Lowers | Market Perform | $253.00 | $256.00 |
| Yaron Kinar | Mizuho | Announces | Neutral | $242.00 | - |
| Matthew Heimermann | Citigroup | Lowers | Buy | $300.60 | $301.38 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Progressive. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Progressive compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Progressive's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Progressive's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Progressive analyst ratings.
Unveiling the Story Behind Progressive
Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 27 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 between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.
Financial Insights: Progressive
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Progressive's remarkable performance in 3M is evident. As of 31 December, 2025, the company achieved an impressive revenue growth rate of 12.19%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: Progressive's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 12.98%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 8.97%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.41%, the company showcases effective utilization of assets.
Debt Management: Progressive's debt-to-equity ratio is below the industry average. With a ratio of 0.23, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
What Are Analyst Ratings?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.