Research Analysts’ Weekly Ratings Updates for Progressive (PGR)

Progressive (NYSE: PGR) has recently received a number of price target changes and ratings updates:

• 10/19/2026 – Progressive had its “neutral” rating reaffirmed by UBS Group AG. They now have a $238.00 price target on the stock.
• 10/16/2026 – Progressive had its “outperform” rating reaffirmed by Raymond James Financial, Inc..
• 10/15/2026 – Progressive had its “market perform” rating reaffirmed by BMO Capital Markets.
• 10/15/2026 – Progressive was given a new $216.00 price target by BMO Capital Markets.
• 10/15/2026 – Progressive had its price target lowered by Keefe, Bruyette & Woods from $252.00 to $246.00. They now have an “outperform” rating on the stock.
• 10/15/2026 – Progressive had its price target lowered by Wells Fargo & Company from $201.00 to $196.00. They now have an “underweight” rating on the stock.
• 10/8/2026 – Progressive was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 10/7/2026 – Progressive had its price target raised by Barclays PLC from $246.00 to $247.00. They now have an “overweight” rating on the stock.
• 10/7/2026 – Progressive had its “hold” rating reaffirmed by HSBC Holdings plc. They now have a $216.00 price target on the stock, down from $221.00.
• 10/5/2026 – Progressive had its price target raised by JPMorgan Chase & Co. from $241.00 to $250.00. They now have a “neutral” rating on the stock.
• 10/1/2026 – Progressive had its price target raised by The Goldman Sachs Group, Inc. from $233.00 to $235.00. They now have a “buy” rating on the stock.
• 10/1/2026 – Progressive had its price target raised by Bank of America Corporation from $302.00 to $314.00.
• 9/21/2026 – Progressive had its “market perform” rating reaffirmed by BMO Capital Markets. They now have a $221.00 price target on the stock, up from $205.00.
• 9/21/2026 – Progressive had its “neutral” rating reaffirmed by UBS Group AG.
• 9/21/2026 – Progressive had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $245.00 price target on the stock, down from $265.00.
• 9/18/2026 – Progressive had its “outperform” rating reaffirmed by Keefe, Bruyette & Woods. They now have a $250.00 price target on the stock.
• 9/16/2026 – Progressive had its price target lowered by Mizuho from $236.00 to $230.00. They now have a “neutral” rating on the stock.
• 8/28/2026 – Progressive was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 8/27/2026 – Progressive had its price target raised by UBS Group AG from $225.00 to $234.00. They now have a “neutral” rating on the stock.

Progressive Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, October 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. Progressive’s payout ratio is currently 2.01%.

Insider Buying and Selling at Progressive

In related news, CEO Susan Griffith sold 37,338 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $219.50, for a total transaction of $8,195,691.00. Following the transaction, the chief executive officer directly owned 485,438 shares of the company’s stock, valued at approximately $106,553,641. The trade was a 7.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Karen Bailo sold 8,452 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $212.71, for a total value of $1,797,824.92. Following the completion of the sale, the insider directly owned 32,348 shares of the company’s stock, valued at approximately $6,880,743.08. This represents a 20.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 106,782 shares of company stock valued at $22,965,332 in the last ninety days. Company insiders own 0.32% of the company’s stock.

Progressive Corporation is an insurance holding company headquartered in Mayfield Village, Ohio. Founded in 1937, the company provides insurance products primarily to consumers and businesses in the United States. Progressive distributes its products directly through its website, mobile channels and call centers, as well as through independent agents and brokers.

The company is best known for personal auto insurance, including coverage for cars, motorcycles, boats, recreational vehicles and other personal vehicles.