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PGRPGRFinancial Services · Insurance - Property & Casualty

PGR Stock Forecast: The Progressive Corp. Price Predictions for 2026-2027

Last close, 4 Nov 2026
$235
+2.49% on the day

The 25 Wall Street analysts covering The Progressive Corp. hold a median 12-month price target of $232 — -1.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 48 of 100 as at 4 Nov 2026 — in the lower half.

Market cap
$132.7B
Ticker Nerd rank
48/ 100
Median analyst target
$232
Analysts covering
25
Revenue$23.6B+7.3% y/y
Net income$3.3B
Free cash flow$3.5B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+4.1%
1M
+11.7%
YTD
+9.4%
1Y
+18.9%
From 52W high
0.0%
From 52W low
+23.4%
$190
$235
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

PGR stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores The Progressive Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 4 Nov 2026
48/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
97
Volatility
76
Issuance
61
Revisions
58
Momentum
54
Growth
51
Value
43
Accruals
28
Size
2

Quality (97): The business earns solid, repeatable profits on what it owns.

Accruals (28): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (2): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

PGR stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on PGR, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$200$220$240$260Jan 26Apr 26Jul 26Oct 26PGRHigh $262Median $232Low $196

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says25 analysts
8 Buy15 Hold2 Sell
Low $196Median $232High $262

The green dot is the last close — the median target sits −1.2% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 6 moved their price target up and 4 moved it down.

DateFirmActionRatingTarget
3 Nov 2026Evercore ISI GroupMaintainsIn-Line$227 → $230
15 Oct 2026Keefe, Bruyette & WoodsMaintainsOutperform$252 → $246
15 Oct 2026Wells FargoMaintainsUnderweight$201 → $196
7 Oct 2026BarclaysMaintainsOverweight—
7 Oct 2026BarclaysMaintainsOverweight$246 → $247
5 Oct 2026JP MorganMaintainsNeutral$241 → $250
5 Oct 2026JP MorganMaintainsNeutral—
18 Sept 2026Keefe, Bruyette & WoodsReiteratesOutperform$250
18 Sept 2026Keefe, Bruyette & WoodsReiteratesOutperform—
16 Sept 2026MizuhoMaintainsNeutral—
16 Sept 2026MizuhoMaintainsNeutral$236 → $230
27 Aug 2026UBSMaintainsNeutral$225 → $234
27 Aug 2026UBSMaintainsNeutral—
20 Aug 2026Keefe, Bruyette & WoodsUpgradeOutperform—
20 Aug 2026Keefe, Bruyette & WoodsUpgradeOutperform$226 → $250
20 Aug 2026Wells FargoMaintainsUnderweight—
20 Aug 2026Wells FargoMaintainsUnderweight$198 → $201
17 Aug 2026Cantor FitzgeraldMaintainsNeutral$220 → $200
17 Aug 2026Cantor FitzgeraldMaintainsNeutral—
4 Aug 2026JP MorganMaintainsNeutral—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

PGR appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

PGR vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Nov 2026, The Progressive Corp. returned +18.9% against +14.8% for the S&P 500, dividends included.

PGR vs S&P 500, last 12 monthsTotal return, rebased to 100
95100105110115120Jan 26Apr 26Jul 26Oct 26PGRS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

PGR analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
EPS revision, 90 days
+4.9%
Analysts raising
13
Analysts cutting
3
Fundamentals

The Progressive Corp. (PGR) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
11.5×

Cheaper than 54% of US stocks

Price / sales
1.4×

Cheaper than 60% of US stocks

Price / book
3.9×

Cheaper than 24% of US stocks

EV / EBITDA
9.2×

Cheaper than 40% of US stocks

Growth & margins
Revenue growth (YoY)
3.0%

Higher than 35% of US stocks

Earnings growth (YoY)
−2.8%

Higher than 34% of US stocks

Gross margin
—
Operating margin
14.3%

Higher than 72% of US stocks

Net margin
12.7%

Higher than 74% of US stocks

Returns & dividend
Return on equity
33.2%

Higher than 89% of US stocks

Return on assets
7.5%

Higher than 86% of US stocks

Dividend yield
0.2%

Higher than 63% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

The Progressive Corp. (PGR) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • The Progressive Corp. has a market value of $132.7B and an enterprise value of $141.8B.

  • Revenue in the twelve months to 30 June 2026: $91.0B. The latest quarter grew 3.0% year on year.

  • Net income over the same four quarters: $11.7B, a 12.8% net margin.

  • Free cash flow in the twelve months to 30 June 2026: $16.0B.

  • The Progressive Corp. spent $1.2B on share buybacks and $8.1B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 581.4M.

  • Trailing P/E: 11.5×; forward P/E: 14.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.17%, paying out 70% of earnings.

  • The Progressive Corp. employs 70,053 people — $1.3M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 5 Nov 2026

Data provided by Twelve Data

Peers

PGR vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelInsurance - Property & Casualty
CompanyMarket capTKN rank
PGRThe Progressive Corp.$132.7B48
CBChubb Ltd.$147.3B70
TRVThe Travelers Cos., Inc.$87.0B96
ALLThe Allstate Corp.$68.0B93
CINFCincinnati Financial Corp.$29.7B75
WRBW.R. Berkley Corp.$28.6B54
MKLMarkel Group, Inc.$24.6B54

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own The Progressive Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest PGR news & analysis

Rate Hikes Could Be Coming: History Likes These 4 Insurance Stocks

24/7 Wall Street · 4 Nov 2026neutral

The article’s headline frames potential rate hikes as a historical tailwind for four insurance stocks. The excerpt says investors spent much of 2026 favoring technology giants over insurers.

Why it matters — A PGR watcher may note the article’s focus on insurers amid a shift in investor attention, though the excerpt does not identify Progressive among the four stocks or explain the historical pattern.

Progressive Q3 Earnings Call Highlights

MarketBeat · 4 Nov 2026positive

Progressive reported continued premium and policy growth in Q3 2026, highlighting underwriting discipline, technology investment, and opportunities to expand bundled auto and home insurance, commercial lines, and small business coverage.

Why it matters — The update offers PGR watchers insight into the company’s growth and operating priorities.

The Progressive Corporation (PGR) Q3 2026 Earnings Call Transcript

Seeking Alpha · 4 Nov 2026neutral

The item is a transcript of The Progressive Corporation’s Q3 2026 earnings call. The excerpt provides no additional details about the call.

Why it matters — PGR watchers may consult the earnings call transcript for the company’s discussion of its quarterly results, though this excerpt contains no specifics.

Elon Musk Backs a $1.5 Trillion Self-Driving Claim. Could Insurance Dividends Be at Risk?

24/7 Wall Street · 30 Oct 2026negative

Elon Musk called a $1.5 trillion claim about crash-cost reductions from self-driving technology credible. The excerpt says auto insurers have not priced in the potential implications for dividends retirees depend on.

Why it matters — A PGR watcher may care about the claim’s potential implications for auto insurers and dividend expectations, although the excerpt provides no company-specific details.

Progressive Announces Investor Relations Call

GlobeNewsWire · 27 Oct 2026neutral

Progressive will hold its quarterly Investor Relations conference call on November 3, 2026, at 9:30 a.m. Eastern. The 60-minute call will include a question-and-answer session with CEO Tricia Griffith and CFO Andrew Quigg, with questions accepted by phone but not online through the webcast.

Why it matters — PGR watchers can hear from the company’s CEO and CFO and ask questions during the scheduled quarterly call.

FAQ

Frequently asked questions about PGR stock

What is the PGR stock price forecast for 2026-2027?

The 25 Wall Street analysts covering The Progressive Corp. have a median 12-month price target of $232, with estimates ranging from $196 to $262. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is PGR stock a buy right now?

Of the 25 analysts covering The Progressive Corp., 8 rate it a Buy, 15 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks The Progressive Corp. 48 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PGR?

As at 4 Nov 2026, The Progressive Corp. ranks 48 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (97 of 100).

Will PGR stock go up?

No one can know that. What the data says: the median 12-month target from 25 analysts implies -1.2% from the last close, and Ticker Nerd's factor model ranks The Progressive Corp. 48 out of 100 as at 4 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the PGR stock forecast for 2030?

No analyst covering The Progressive Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for PGR are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $196 to $262 over the next 12 months.

How has PGR stock performed over the past year?

The Progressive Corp. returned +18.9% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does The Progressive Corp. do?

The Progressive Corporation is a U.S. property and casualty insurance company that provides personal and commercial auto insurance, as well as related specialty coverage.

What is the latest news on PGR?

The most recent item we track (24/7 Wall Street, 4 Nov 2026): "Rate Hikes Could Be Coming: History Likes These 4 Insurance Stocks". The article’s headline frames potential rate hikes as a historical tailwind for four insurance stocks. The excerpt says investors spent much of 2026 favoring technology giants over insurers.

Company

About The Progressive Corp.

The Progressive Corporation is a U.S. property and casualty insurance company that provides personal and commercial auto insurance, as well as related specialty coverage. Its core offerings include personal auto policies, motorcycle, RV, and watercraft insurance, along with homeowners and renters coverage through personal lines products. The company also serves businesses with commercial auto, truck, and general liability insurance, supporting small companies and transportation operators with tailored protection. Progressive distributes its products through independent agents, direct channels, online platforms, and phone-based service, giving it broad reach across consumer and business markets. Headquartered in Mayfield Village, Ohio, The Progressive Corporation is recognized as one of the largest auto insurers in the United States and plays a significant role in the North American insurance market.

CEO Ms. Susan Patricia Griffith · 70,053 employees · United States · https://www.progressive.com