StreetInsider.com News Articles

Progressive Corp. (PGR) PT Raised to $331 at BofA Securities

Tue, 02 Jun 2026 05:12:49 -0400

BofA Securities analyst Joshua Shanker raised the price target on Progressive Corp. (NYSE: PGR) to $331.00 (from $320.00) while maintaining a Buy rating.

KBW Reiterates Market Perform Rating on Progressive Corp. (PGR)

Fri, 22 May 2026 08:57:53 -0400

Keefe, Bruyette & Woods analyst Meyer Shields reiterated a Market Perform rating and $208.00 price target on Progressive Corp. (NYSE: PGR).

The analyst commented: "We maintain our Market Perform rating and $208 (12.0x our 2027E EPS) target price on PGR’s shares following its April earnings report. We maintain our 2026E/2027E EPS of $16.60/ $17.30, including the April underperformance to our estimates offset by faster NEP and NII growth, lower expense ratios, and lower share counts. At 11.7x our 2027E EPS, PGR’s shares are trading well below long-term averages, which probably reflects the slowly-emerging challenge that improving accident-avoidance technologies present to the

Progressive Corp. (PGR) PT Raised to $222 at Wells Fargo

Thu, 21 May 2026 06:41:57 -0400

Wells Fargo analyst Elyse Greenspan raised the price target on Progressive Corp. (NYSE: PGR) to $222.00 (from $218.00) while maintaining a Equal Weight rating.

Progressive Corp. (PGR) PT Lowered to $320 at BofA Securities

Wed, 20 May 2026 12:35:16 -0400

BofA Securities analyst Joshua Shanker lowered the price target on Progressive Corp. (NYSE: PGR) to $320.00 (from $325.00) while maintaining a Buy rating.

The analyst comments "Our EPS estimates for 2026E, 2027E and 2028E decline by 2.6%, 1.4% and 1.3% respectively as the April 2026 miss flows through the model. Our forecasts reflect slightly lower premiums with lower policy counts and lower net investment income with April invested assets coming lower than our prior estimates. We apply the year-ahead S&P500 P/E multiple of 19.1x (unchanged from prior) to our lower margin-normalized 2028E EPS forecast of $16.82 (vs $17.06 prior) to arrive

Progressive Corp. (PGR) PT Lowered to $320 at BofA Securities

Wed, 20 May 2026 12:35:16 -0400

BofA Securities analyst Joshua Shanker lowered the price target on Progressive Corp. (NYSE: PGR) to $320.00 (from $325.00) while maintaining a Buy rating.

Progressive Corp. (PGR) PT Lowered to $220 at BMO Capital

Wed, 20 May 2026 10:41:52 -0400

BMO Capital analyst Michael Zaremski lowered the price target on Progressive Corp. (NYSE: PGR) to $220.00 while maintaining a Market Perform rating.

The analyst comments "Our 2026/2027 EPS estimates increase +5% and +2% respectively, as lower insurance premium growth is offset by 1) Higher net investment income, with five-year Treasury rates rising ~40bps over the past month, 2) More share repurchases, as we now embed ~$2.4bn for 2026 (PGR's monthly pace stepped up to $192 this month vs. ~$160M in 1Q26), and 3) A lower/better near-term underlying loss ratio trajectory following PGR's beat in April."

Progressive Corp. (PGR) PT Lowered to $220 at BMO Capital

Wed, 20 May 2026 10:41:52 -0400

BMO Capital analyst Michael Zaremski lowered the price target on Progressive Corp. (NYSE: PGR) to $220.00 while maintaining a Market Perform rating.

Form 8-K PROGRESSIVE CORP/OH/ For: May 20

Wed, 20 May 2026 08:33:00 -0400

si-local-file:///var/storage/secattach/20260520/26525425.html

Form 8-K PROGRESSIVE CORP/OH/ For: May 20

Wed, 20 May 2026 08:33:00 -0400

si-local-file:///var/storage/secattach/20260520/26525425.html

Progressive reports April 2026 earnings with 10% net income increase

Wed, 20 May 2026 08:19:30 -0400

The Progressive Corporation (NYSE: PGR) reported net income of $1.087 billion for April 2026, representing a 10% increase from $986 million in the same month last year, according to a company statement.

Net premiums written rose 6% to $7.278 billion compared to $6.837 billion in April 2025. Net premiums earned increased 7% to $7.112 billion from $6.641 billion in the prior year period.

Earnings per share available to common shareholders reached $1.86, up 11% from $1.68 in April 2025. The company's combined ratio was 90.2 compared to 84.9 in the same month last year, representing an increase of 5.3 percentage points.

Progressive reported

Progressive Reports April 2026 Results

Wed, 20 May 2026 08:17:00 -0400

MAYFIELD VILLAGE, OHIO, May 20, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended April 30, 2026:

	April
(millions, except per share amounts and ratios; unaudited)
	April
(millions, except per share amounts and ratios; unaudited)
	April
(millions, except per share amounts and ratios; unaudited)
	April
(millions, except per share amounts and ratios; unaudited)
	April
(millions, except per share amounts and ratios; unaudited)
	April
(millions, except per share amounts and ratios; unaudited)
	April
(millions, except per share amounts and ratios; unaudited)
	April
(millions, except per share amounts and ratios; unaudited)
	April
(millions, except per share amounts and ratios; unaudited)
	April
(millions, except per share amounts and ratios; unaudited)
	April
(millions, except per share amounts and ratios; unaudited)
	April
(millions, except per share amounts and ratios; unaudited)