Progressive Corp [NYSE: PGR] slipped around -5.44 points on Wednesday, while shares priced at $260.33 at the close of the session, down -2.05%.
Progressive Corp stock is now 10.69% up from its year-to-date (YTD) trading value. PGR Stock saw the intraday high of $266.255 and lowest of $257.72 per share. The company’s 52-week high price is 292.99, which means current price is +13.91% above from all time high which was touched on 03/17/25.
Compared to the average trading volume of 3.29M shares, PGR reached a trading volume of 4769927 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Progressive Corp [PGR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PGR shares is $303.82 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PGR stock is a recommendation set at 2.08. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for Progressive Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 28, 2025. The new note on the price target was released on April 17, 2025, representing the official price target for Progressive Corp stock. Previously, the target price had yet another raise to $287, while BofA Securities analysts kept a Neutral rating on PGR stock.
The Average True Range (ATR) for Progressive Corp is set at 5.98, with the Price to Sales ratio for PGR stock in the period of the last 12 months amounting to 1.94. The Price to Book ratio for the last quarter was 5.27. Price to Free Cash Flow for PGR in the course of the last twelve months was 9.70.
How has PGR stock performed recently?
Progressive Corp [PGR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.10. With this latest performance, PGR shares dropped by -9.68% in over the last four-week period, additionally plugging by 5.33% over the last 6 months – not to mention a rise of 30.07% in the past year of trading.
Progressive Corp [PGR]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Progressive Corp [PGR] shares currently have an operating margin of 14.38%. Progressive Corp’s Net Margin is presently recorded at 11.10%.
Return on Equity for this stock inclined to 8.91%, with Return on Assets sitting at 8.91%.
Earnings analysis for Progressive Corp [PGR]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PGR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Progressive Corp go to 6.48%.
Insider trade positions for Progressive Corp [PGR]
There are presently around $88.17%, or 88.41%% of PGR stock, in the hands of institutional investors. The top three institutional holders of PGR stocks are: VANGUARD GROUP INC with ownership of 52.22 million shares, which is approximately 8.9201%. BLACKROCK INC., holding 48.46 million shares of the stock with an approximate value of $$10.07 billion in PGR stocks shares; and BLACKROCK INC., currently with $$5.06 billion in PGR stock with ownership which is approximately 4.1627%.
