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Progressive Corporation (The) (PGR) Stock Analysis

Recovery setup

HoldModerate Confidence

Financial Services · Insurance - Property & Casualty

Hold if already holding. Not a fresh buy at $202.87, but acceptable to hold if already in. Reasons: Concentration risk — Product: Personal Lines (87.0%); Analyst target reached - limited upside remaining.

Progressive is the second-largest U.S. personal auto insurer and #1 commercial auto insurer (since 2015), writing personal vehicle, personal property, and commercial auto insurance in all 50 states. Personal Lines accounted for 87% of total net premiums written in 2025, with... Read more

$202.87+2.4% A.UpsideScore 5.7/10#12 of 29 Insurance - Property & Casualty
QualityF-score7 / 9FCF yield13.00%
IncomeYield6.81%(5y avg 1.89%)Payout70.70%
Stop $194.33Target $207.73(analyst − 10%)A.R:R 0.4:1
Analyst target$230.81+13.8%21 analysts
$207.73our TP
$202.87price
$230.81mean
$325

Hold if already holding. Not a fresh buy at $202.87, but acceptable to hold if already in. Reasons: Concentration risk — Product: Personal Lines (87.0%); Analyst target reached - limited upside remaining. Chart setup: Death cross but MACD improving, RSI 55. Maintain position. Not compelling to add more. Score 5.7/10, moderate confidence.

Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 56d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

Recent Developments — Progressive Corporation (The)

Generated 2026-05-20T21:06:21Z.

Thesis

Rewards
Sector modifier (Financial Services): +1.0
Strong earnings beat streak (3/4)
Attractive valuation
Risks
Concentration risk — Product: Personal Lines (87.0%)
Analyst target reached - limited upside remaining
Negative news sentiment (-0.67)

Key Metrics

P/E (TTM)10.4
P/E (Fwd)12.6
Mkt Cap$119.2B
EV/EBITDA8.3
Profit Mgn12.9%
ROE37.9%
Rev Growth8.7%
Beta0.29
Dividend6.81%
Rating analysts31

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C0.84neutral
IV40%normal

Concentration Risks(10-K Item 1A)

  • HIGHProductPersonal Lines87%
    10-K Item 1: 'The Personal Lines segment accounted for 87% of our total net premiums written in 2025, 85% in 2024, and 84% in 2023'
  • LOWCustomerUber Technologies TNC business14%
    10-K Item 1: 'we provided commercial auto coverage in the TNC business to Uber Technologies subsidiaries in 14 states. TNC represented 14% of our Commercial Lines net premiums written in 2025'

Material Events(8-K, last 90d)

  • 2026-01-28Item 5.02MEDIUM
    CFO John P. Sauerland announced retirement effective July 3, 2026. Andrew J. Quigg (Chief Strategy Officer) expected to be appointed CFO upon Sauerland's retirement. Successor named; no disagreement cited.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
2.4
Support Resistance
3.1
52w Position
4.9
GatesA.R:R 0.4 < 1.5@spotDeath cross (50MA < 200MA)Momentum 6.8>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 56d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Moderate
RSI
55 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $191.75Resistance $207.95

Price Targets

$194
$208
A.Upside+2.4%
A.R:R0.4:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Target reached (2.4% upside)
! Reward/Risk 0.4:1 at current price — below 1.5:1 minimum

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-15 (56d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is PGR stock a buy right now?

Hold if already holding. Not a fresh buy at $202.87, but acceptable to hold if already in. Reasons: Concentration risk — Product: Personal Lines (87.0%); Analyst target reached - limited upside remaining. Chart setup: Death cross but MACD improving, RSI 55. Maintain position. Not compelling to add more. Target $207.73 (+2.4%), stop $194.33 (−4.4%), A.R:R 0.4:1. Score 5.7/10, moderate confidence.

What is the PGR stock price target?

Take-profit target: $207.73 (+2.4% upside). Target $207.73 (+2.4%), stop $194.33 (−4.4%), A.R:R 0.4:1. Stop-loss: $194.33.

What are the risks of investing in PGR?

Concentration risk — Product: Personal Lines (87.0%); Analyst target reached - limited upside remaining; Negative news sentiment (-0.67).

Is PGR overvalued or undervalued?

Progressive Corporation (The) trades at a P/E of 10.4 (forward 12.6). TrendMatrix value score: 7.5/10. Verdict: Hold.

What do analysts say about PGR?

31 analysts cover PGR with a consensus score of 3.5/5. Average price target: $231.

What does Progressive Corporation (The) do?Progressive is the second-largest U.S. personal auto insurer and #1 commercial auto insurer (since 2015), writing...

Progressive is the second-largest U.S. personal auto insurer and #1 commercial auto insurer (since 2015), writing personal vehicle, personal property, and commercial auto insurance in all 50 states. Personal Lines accounted for 87% of total net premiums written in 2025, with personal auto comprising 95% of personal vehicle premiums. Distribution is split between independent agents (43% of personal vehicle) and direct channels (57%).

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