Progressive Corp [NYSE: PGR] gained 0.75% on the last trading session, reaching $3290000.0 price per share at the time.
Progressive Corp represents 586.00 million in outstanding shares, while the company has a total market value of $153.37 billion with the latest information. PGR stock price has been found in the range of $258.74 to $261.88.
If compared to the average trading volume of 3.29M shares, PGR reached a trading volume of 3531264 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $303.88 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 1.87. 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 Price to Book ratio for the last quarter was 5.29. Price to Free Cash Flow for PGR in the course of the last twelve months was 9.75.
Trading performance analysis for PGR stock
Progressive Corp [PGR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.50. With this latest performance, PGR shares dropped by -6.15% in over the last four-week period, additionally plugging by 11.07% over the last 6 months – not to mention a rise of 11.24% in the past year of trading.
Progressive Corp [PGR]: A deeper dive into fundamental analysis
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%.
Progressive Corp [PGR]: An earnings per share (EPS) analysis
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 6.37%.
An analysis of Institutional ownership at Progressive Corp [PGR]
There are presently around $88.16%, or 88.39% 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%.
