Q1 Earnings Forecast for Progressive Issued By Roth Capital

The Progressive Co. (NYSE:PGR) – Equities researchers at Roth Capital dropped their Q1 2025 earnings per share estimates for Progressive in a research report issued to clients and investors on Monday, November 18th. Roth Capital analyst H. Fong now forecasts that the insurance provider will earn $3.14 per share for the quarter, down from their prior estimate of $3.15. The consensus estimate for Progressive’s current full-year earnings is $13.09 per share. Roth Capital also issued estimates for Progressive’s Q4 2025 earnings at $3.60 EPS and Q1 2026 earnings at $3.47 EPS.

Several other research analysts have also commented on PGR. TD Cowen lifted their price target on Progressive from $197.00 to $237.00 and gave the stock a “hold” rating in a research report on Friday, November 8th. Jefferies Financial Group lifted their target price on Progressive from $257.00 to $295.00 and gave the stock a “buy” rating in a report on Wednesday, October 9th. StockNews.com upgraded Progressive from a “hold” rating to a “buy” rating in a report on Tuesday. Bank of America lifted their price objective on shares of Progressive from $331.00 to $335.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Roth Mkm increased their target price on shares of Progressive from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Monday, September 16th. Five investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $269.81.

Progressive Stock Performance

Shares of NYSE:PGR opened at $254.51 on Tuesday. The firm has a fifty day simple moving average of $252.43 and a two-hundred day simple moving average of $230.76. Progressive has a 52 week low of $149.14 and a 52 week high of $263.85. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $149.09 billion, a P/E ratio of 18.50, a PEG ratio of 0.71 and a beta of 0.36.

Progressive (NYSE:PGR) last posted its earnings results on Tuesday, October 15th. The insurance provider reported $3.58 earnings per share for the quarter, beating analysts’ consensus estimates of $3.40 by $0.18. The firm had revenue of $19.43 billion during the quarter, compared to analyst estimates of $18.95 billion. Progressive had a net margin of 11.27% and a return on equity of 33.10%.

Insiders Place Their Bets

In other Progressive news, insider Steven Broz sold 2,981 shares of the firm’s stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $251.15, for a total transaction of $748,678.15. Following the transaction, the insider now owns 26,353 shares of the company’s stock, valued at approximately $6,618,555.95. This trade represents a 10.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Patrick K. Callahan sold 7,696 shares of the business’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $255.21, for a total transaction of $1,964,096.16. Following the completion of the sale, the insider now owns 15,189 shares of the company’s stock, valued at approximately $3,876,384.69. This represents a 33.63 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 59,209 shares of company stock worth $14,975,979 in the last ninety days. 0.34% of the stock is owned by company insiders.

Hedge Funds Weigh In On Progressive

A number of large investors have recently bought and sold shares of PGR. Davis Capital Management purchased a new position in shares of Progressive in the 3rd quarter valued at $25,000. WR Wealth Planners LLC grew its stake in Progressive by 119.6% in the second quarter. WR Wealth Planners LLC now owns 123 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 67 shares during the last quarter. Hilltop National Bank lifted its position in shares of Progressive by 126.0% during the second quarter. Hilltop National Bank now owns 165 shares of the insurance provider’s stock valued at $34,000 after buying an additional 92 shares during the last quarter. DiNuzzo Private Wealth Inc. lifted its position in shares of Progressive by 114.1% during the third quarter. DiNuzzo Private Wealth Inc. now owns 137 shares of the insurance provider’s stock valued at $35,000 after buying an additional 73 shares during the last quarter. Finally, LRI Investments LLC purchased a new position in shares of Progressive in the 1st quarter worth approximately $36,000. Institutional investors own 85.34% of the company’s stock.

Progressive Company Profile

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property.