PGRPGRFinancial Services · Insurance - Property & Casualty

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

Last close, 23 Sept 2026
$203
−1.84% on the day

The 25 Wall Street analysts covering The Progressive Corp. hold a median 12-month price target of $230 — +13.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 52 of 100 as at 23 Sept 2026 — in the upper half.

Market cap
$123.2B
Ticker Nerd rank
52 / 100
Median analyst target
$230
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
−6.4%
1M
−7.4%
YTD
−5.4%
1Y
−9.7%
From 52W high
−13.4%
From 52W low
+6.7%
$190
$234
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 23 Sept 2026
52 / 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
82
Revisions
72
Issuance
59
Growth
56
Value
48
Momentum
40
Accruals
22
Size
2

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

Accruals (22): 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 quant trader with fourteen 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
$180$200$220$240$260$280$300Oct 25Jan 26Apr 26Jul 26PGRHigh $302Median $230Low $198

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 $198Median $230High $302

The green dot is the last close — the median target sits +13.2% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 4 moved their price target up and 5 moved it down.

DateFirmActionRatingTarget
18 Sept 2026Keefe, Bruyette & WoodsReiteratesOutperform$250
18 Sept 2026Keefe, Bruyette & WoodsReiteratesOutperform—
16 Sept 2026MizuhoMaintainsNeutral$236 → $230
16 Sept 2026MizuhoMaintainsNeutral—
27 Aug 2026UBSMaintainsNeutral$225 → $234
27 Aug 2026UBSMaintainsNeutral—
20 Aug 2026Keefe, Bruyette & WoodsUpgradeOutperform$226 → $250
20 Aug 2026Keefe, Bruyette & WoodsUpgradeOutperform—
20 Aug 2026Wells FargoMaintainsUnderweight—
20 Aug 2026Wells FargoMaintainsUnderweight$198 → $201
17 Aug 2026Cantor FitzgeraldMaintainsNeutral$220 → $200
17 Aug 2026Cantor FitzgeraldMaintainsNeutral—
4 Aug 2026JP MorganMaintainsNeutral$250 → $241
4 Aug 2026JP MorganMaintainsNeutral—
24 July 2026Morgan StanleyUpgradeEqual-Weight$190 → $210
24 July 2026Morgan StanleyUpgradeEqual-Weight—
16 July 2026B of A SecuritiesMaintainsBuy—
16 July 2026B of A SecuritiesMaintainsBuy$313 → $308
16 July 2026BMO CapitalMaintainsMarket Perform—
16 July 2026BMO CapitalMaintainsMarket Perform$220 → $205

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.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. PGR appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

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 23 Sept 2026, The Progressive Corp. returned −9.7% against +17.0% for the S&P 500, dividends included.

PGR vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120Oct 25Jan 26Apr 26Jul 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 movingNext fiscal year
EPS revision, 90 days
+5.3%
Analysts raising
18
Analysts cutting
1
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
10.6×

Cheaper than 57% of US stocks

Price / sales
1.4×

Cheaper than 62% of US stocks

Price / book
3.6×

Cheaper than 28% of US stocks

EV / EBITDA
8.4×

Cheaper than 43% of US stocks

Growth & margins
Revenue growth (YoY)
7.3%

Higher than 45% of US stocks

Earnings growth (YoY)
4.3%

Higher than 41% of US stocks

Gross margin
—
Operating margin
18.2%

Higher than 77% of US stocks

Net margin
12.8%

Higher than 75% of US stocks

Returns & dividend
Return on equity
34.9%

Higher than 90% of US stocks

Return on assets
7.8%

Higher than 87% of US stocks

Dividend yield
0.2%

Higher than 3% 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 $123.2B and an enterprise value of $129.6B.

  • Revenue in the twelve months to 30 June 2026: $91.0B. The latest quarter grew 7.3% 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: 10.6×; forward P/E: 13.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.19%, 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 24 Sept 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.$123.2B
52
CBChubb Ltd.$131.9B
68
TRVThe Travelers Cos., Inc.$76.6B
90
ALLThe Allstate Corp.$57.1B
94
CINFCincinnati Financial Corp.$25.4B
64
WRBW.R. Berkley Corp.$25.2B
60
MKLMarkel Group, Inc.$22.0B
33

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

Progressive's Trailing Yield Is Wildly Misleading. Here Is What It Actually Pays

24/7 Wall Street · 21 Sept 2026negative

The article warns that Progressive's widely reported trailing dividend yield is misleading and does not reflect what income investors will actually collect. It suggests the real payout situation is more complicated and consequential for those buying shares today.

Why it matters — PGR watchers, especially income-focused investors, should be aware that the advertised yield may not match the actual dividend they would receive.

Progressive Reports August 2026 Results

GlobeNewsWire · 18 Sept 2026neutral

The Progressive Corporation reported its operating results for the month ended August 31, 2026, via a GlobeNewsWire announcement dated September 18, 2026, from Mayfield Village, Ohio.

Why it matters — This monthly results release is a regular, closely watched disclosure that PGR watchers evaluate to gauge the company's recent underwriting and premium trends.

Is Progressive Stock a Buy, Sell, or Hold About 10% Below Its 52-Week High?

The Motley Fool · 18 Sept 2026neutral

The Motley Fool examines whether Progressive stock is a buy, sell, or hold given that it is about 10% below its 52-week high and nearly 25% below its 2025 high. The article notes that while Progressive is one of the largest property and casualty insurers with generally strong underwriting results, the stock is not exactly cheap at current levels.

Why it matters — PGR watchers would care because the piece weighs the company's strong underwriting fundamentals against its valuation and recent pullback from highs, offering context on where the stock stands.

Is Most-Watched Stock The Progressive Corporation (PGR) Worth Betting on Now?

Zacks Investment Research · 17 Sept 2026neutral

Zacks.com reports that The Progressive Corporation (PGR) has recently been among the most-watched stocks on its platform. The article notes the attention the stock is receiving and explores what may lie ahead for it.

Why it matters — PGR watchers would care because the stock's high visibility among Zacks users signals elevated investor interest and attention on the company's prospects.

The Biggest Risk Is Not Being Risky Enough - Stocks To Buy Now

The Street · 15 Sept 2026neutral

The article discusses the idea that the biggest risk in investing is not being risky enough, presenting stocks to buy now. It also includes a promotional segment for a partner product, Monarch Money, offering a discount on its services.

Why it matters — A Progressive Corp. watcher would care because the article's list of stocks to buy now may or may not include PGR, and its general market-risk framing could be relevant to investors tracking the company.

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 $230, with estimates ranging from $198 to $302. 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. 52 out of 100 across roughly 4,600 US stocks as at 23 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank PGR?

As at 23 Sept 2026, The Progressive Corp. ranks 52 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 +13.2% from the last close, and Ticker Nerd's factor model ranks The Progressive Corp. 52 out of 100 as at 23 Sept 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: $198 to $302 over the next 12 months.

How has PGR stock performed over the past year?

The Progressive Corp. returned -9.7% over the 12 months to 23 Sept 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, 21 Sept 2026): "Progressive's Trailing Yield Is Wildly Misleading. Here Is What It Actually Pays". The article warns that Progressive's widely reported trailing dividend yield is misleading and does not reflect what income investors will actually collect. It suggests the real payout situation is more complicated and consequential for those buying shares today.

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