Recent Investment Analysts’ Ratings Updates for PROG (PRG)

Several brokerages have updated their recommendations and price targets on shares of PROG (NYSE: PRG) in the last few weeks:

• 10/8/2026 – PROG was upgraded by Loop Capital from “hold” to “buy”. They now have a $45.00 price target on the stock.
• 10/7/2026 – PROG had its price target lowered by Jefferies Financial Group Inc. from $60.00 to $50.00. They now have a “buy” rating on the stock.
• 10/2/2026 – PROG was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 9/28/2026 – PROG was downgraded by Zacks Research from “strong-buy” to “hold”.
• 9/21/2026 – PROG had its “hold (c+)” rating reaffirmed by Weiss Ratings.
• 9/6/2026 – PROG was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 8/29/2026 – PROG was downgraded by Wall Street Zen from “strong-buy” to “buy”.

PROG Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Tuesday, August 18th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, August 18th. PROG’s payout ratio is 15.47%.

Insider Buying and Selling

In other news, insider Michael King sold 1,070 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $46.00, for a total value of $49,220.00. Following the transaction, the insider owned 60,825 shares in the company, valued at approximately $2,797,950. The trade was a 1.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO George M. Sewell sold 2,000 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $45.53, for a total value of $91,060.00. Following the completion of the transaction, the chief accounting officer owned 28,385 shares in the company, valued at approximately $1,292,369.05. The trade was a 6.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 4,000 shares of company stock valued at $183,060. Corporate insiders own 3.72% of the company’s stock.

PROG Holdings, Inc is a financial technology company that provides flexible payment and lease-to-own solutions to consumers and retail partners. Its primary business is Progressive Leasing, an omnichannel lease-to-own platform that enables customers to acquire products through participating retailers and repay over time through structured lease payments.

Progressive Leasing supports purchases across categories such as furniture, appliances, electronics, mattresses, jewelry and other household goods.