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Progressive PGR

US equityMarket cap rank #132Insurance - Property & Casualty
$202.01
−$1.12 (-0.55%)
Market open · Sep 24, 2:00 pm ET
After hours $203.13 0.00%
Open$204.23
Prev close$203.13
Day range$200.96 – $204.86
Volume2.00M
Market cap$117.25B
P/E (TTM)10.1
Dividend yield6.88%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

PGR at a glance

Progressive (PGR) is trading at $202.01, down 0.55% on the day. Its market value of $117.25B makes it the 132nd largest of the 300 companies we follow.

The 52-week range is $187.78 to $239.38. Today's price is about 28% of the way from the low to the high. Holders are behind 10.4% over twelve months, and down 8.3% across the last three months.

On the chart it has slipped under both the 50-day ($214.31) and 200-day ($208.57) moving averages; RSI is 39, and the last 30 sessions moved at roughly 26% annualized volatility.

Revenue for the quarter ended Jun 2026 was $23.60B, up 7.3% from a year earlier, with $3.31B of net profit (a 12.8% margin).

Valuation works out to 10.1 times trailing earnings, 72% below its five-year average of 35.9. The median for its industry group is 10.5.

17 analysts follow the stock and the average call is "buy". The mean target, $239.50, sits 18.6% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Progressive: the business

Progressive sells auto and home insurance directly and through agents, and has been gaining share in car insurance.

What tends to move it. The combined ratio, which shows underwriting profit, and policy growth are the main numbers.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-0.6%
1 week
-6.9%
1 month
-9.8%
3 months
-8.3%
6 months
-1.9%
Year to date
-5.6%
1 year
-10.4%
Day range
$200.96$204.86
52-week range
$187.78$239.38

Technical signals

Full technicals →
Trend readStrong downtrend

1 bullish · 5 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-7.0%Bearish
Price vs 50-day average-5.7%Bearish
Price vs 200-day average-3.1%Bearish
50-day vs 200-day50d above 200dBullish
RSI (14)38.9Bearish
MACD (12,26,9)-1.39Bearish
Bollinger band position-35%Neutral

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$201.99 / $202.06
Average price today$202.23
Volume2.00MAvg (90d) 2.96M
Turnover$404.51M
Turnover rate0.35%of shares outstanding
Volume ratio0.67vs. recent average pace
Day amplitude1.92%
Market cap$117.25B
Float market cap$116.79B
Shares outstanding578.14M
EPS (TTM)$19.23
P/E (TTM)10.14
P/B3.41
Book value / share$59.15
Earnings yield0.34%
Dividend (TTM)$13.90 / shareYield 6.88%
Net profit (TTM)$11.16B
Net assets$34.33B
30-day volatility26.1%annualized
Avg daily range (ATR)2.13%of price, 14 days
Max drawdown (1y)-18.5%-13.8% from 1y peak

Quote as of Sep 24, 2026 2:00 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How PGR ranks on BeStock

Market value#132 of 300
P/E (cheapest = 1)#10 of 283
Dividend yield#4 of 244
Closeness to 52-week high#183 of 300
Dollar volume today#102 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$23.60B+7.3% YoY
Net profit$3.31B+4.3% YoY
Diluted EPS$5.67+5.0% YoY
Free cash flow$3.47B-11.9% YoY
Operating cash flow$3.61B

Revenue, last 8 quarters

$19.7BSep '24$20.3BDec '24$20.4BMar '25$22.0BJun '25$22.5BSep '25$22.7BDec '25$22.2BMar '26$23.6BJun '26

Net profit, last 8 quarters

$2.3BSep '24$2.4BDec '24$2.6BMar '25$3.2BJun '25$2.6BSep '25$3.0BDec '25$2.8BMar '26$3.3BJun '26

Profitability & balance sheet

Net margin12.8%
Return on equity34.9%
Return on assets9.7%
Liabilities / assets72.5%
Total debt$8.39B
Free cash flow / sales17.5%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Personal Lines$19.17B 81.2%
  • Commercial Lines$2.71B 11.5%
  • Investment income$979.00M 4.1%
  • Net holding period gains (losses) on securities$588.00M 2.5%
  • Service revenues$148.00M 0.6%
  • Net realized gains (losses) on security sales$16.00M 0.1%
  • Other$1.00M 0.0%
Average move on report day±3.2%last 16 reports
Closed higher8 of 1650% of the time
Best reaction+8.1%
Worst reaction-13.1%

Stock move on the day after each report

+2.7%2024/Q3+0.6%2024/Q4-0.2%2025/Q1+1.8%2025/Q2-5.8%2025/Q3-2.2%2025/Q40.0%2026/Q1+0.1%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings10.9x
CheapRich

Near the bottom of its 5-year range · 11th percentile, 5-year average 35.9x

#632 of 2975 stocks by PE (1 = cheapest)

Price / book3.7x
CheapRich

Near the bottom of its 5-year range · 17th percentile, 5-year average 4.7x

#3888 of 5302 stocks by PB (1 = cheapest)

Price / sales1.4x
CheapRich

Below its usual level · 25th percentile, 5-year average 1.6x

#1967 of 5141 stocks by PS (1 = cheapest)

P/E over five years

-6x40x87x133xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$198.00
Price vs. fair value+2.0%Close to the estimate
Star rating★★☆☆☆
Economic moatNarrow
UncertaintyMedium

Analyst view

All ratings →
ConsensusBuy
Analysts17
Average target$239.50+18.6% vs. price
  • Buy 47%
  • Hold 47%
  • Sell 6%
Low $201.00Now $202.01Avg $239.50High $309.00

Latest rating actions

  • 15 Sep 2026Mizuho SecuritiesHOLD · PT $230.00
  • 27 Aug 2026UBSHOLD · PT $234.00
  • 24 Aug 2026Raymond JamesBUY
  • 20 Aug 2026Wells FargoSELL · PT $201.00
  • 20 Aug 2026Roth MKMBUY · PT $245.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership89.2%-0.10 pts vs. prior quarter
Institutions holding2,165-12 vs. prior quarter
Insider trades (recent)22 buys / 21 sellsNet buying
Short interest1.04% of floatDays to cover 2.6 · as of 31 Aug 2026
Short-sale volume share19.4%5-day average of daily volume

Short-sale volume as % of daily volume

10%16%21%26%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: +$9.29M (6 inflow days, 14 outflow days).

Dividends

Dividend yield (TTM)6.88%
Upcoming dividend$0.10Ex-date 1 Oct 2026
Next-to-last$0.10
Payments on file40

Dividends paid per share, by year

2.8120190.4020206.3020210.4020220.4020230.4020240.402025

Across the full calendar years shown, the annual payout shrank by roughly 27.8% a year.

Latest headlines

More news →
  • Progressive(PGR.US) Officer Sells US$8.2 Million in Common StockMarket news · 3 Sep 2026
  • Mizuho Securities Maintains Progressive(PGR.US) With Hold Rating, Cuts Target Price to $230Market news · 16 Sep 2026
  • Mizuho Securities Maintains Progressive(PGR.US) With Hold Rating, Cuts Target Price to $236Market news · 5 Aug 2026
  • UBS Maintains Progressive(PGR.US) With Hold Rating, Raises Target Price to $234Market news · 27 Aug 2026
  • A Quick Look at Today's Ratings for Progressive(PGR.US), With a Forecast Between $201 to $250Market news · 21 Aug 2026
  • A Quick Look at Today's Ratings for Progressive(PGR.US), With a Forecast Between $201 to $309Market news · 20 Aug 2026

PGR stock: common questions

How is Progressive stock doing today?

$202.01 is the latest print for PGR, a move of -0.55% against yesterday's close of $203.13. Today's low and high so far: $200.96 and $204.86.

How large is Progressive by market value?

Equity value comes to $117.25B at the current price. By that measure it is number 132 of the 300 names in our coverage.

Is PGR expensive on earnings?

Buyers pay 10.1 times the last twelve months of profit (EPS $19.23). Averaged over five years the multiple has been 35.9, and today's level ranks in the 11th percentile of its own history.

How far is PGR from its yearly high?

The year's floor is $187.78 and the ceiling $239.38. Shares are 15.6% away from that ceiling.

Are there dividends on Progressive shares?

It does. Payouts over the past twelve months work out to a 6.88% yield; the latest ex-dividend date was July 2, 2026.

Do Wall Street analysts like PGR?

Of 17 analysts, 47% say buy, 47% hold and 6% sell. Price targets average $239.50, with the most cautious at $201.00 and the most optimistic at $309.00.

How does Progressive make money?

Progressive sells auto and home insurance directly and through agents, and has been gaining share in car insurance.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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