Progressive Corp (PGR) concluded trading on Thursday at a closing price of $281.15, with 4.85 million shares of worth about $1.36 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.22% during that period and on May 15, 2025 the price saw a gain of about 1.07%. Currently the company’s common shares owned by public are about 586.00M shares, out of which, 584.61M shares are available for trading.
Stock saw a price change of -0.98% in past 5 days and over the past one month there was a price change of 1.83%. Year-to-date (YTD), PGR shares are showing a performance of 19.54% which increased to 34.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $197.62 but also hit the highest price of $292.99 during that period. The average intraday trading volume for Progressive Corp shares is 3.28 million. The stock is currently trading 1.98% above its 20-day simple moving average (SMA20), while that difference is up 1.88% for SMA50 and it goes to 10.95% higher than SMA200.
Progressive Corp (NYSE: PGR) currently have 586.00M outstanding shares and institutions hold larger chunk of about 88.19% of that.
The stock has a current market capitalization of $164.82B and its 3Y-monthly beta is at 0.39. PE ratio of stock for trailing 12 months is 18.93, while it has posted earnings per share of $14.85 in the same period. Its PEG reads 2.80 while making debt-to-equity ratio of 0.24. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PGR, volatility over the week remained 2.31% while standing at 2.23% over the month.
Stock’s fiscal year EPS is expected to rise by 11.69% while it is estimated to increase by 0.44% in next year. EPS is likely to shrink at an annualized rate of 6.75% for next 5-years, compared to annual growth of 16.48% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on April 28, 2025 offering a Buy rating for the stock and assigned a target price of $312 to it. Coverage by Keefe Bruyette stated Progressive Corp (PGR) stock as a Mkt perform in their note to investors on April 17, 2025, suggesting a price target of $288 for the stock. On April 04, 2025, BofA Securities Downgrade their recommendations, while on December 26, 2024, Raymond James Upgrade their ratings for the stock with a price target of $305. Stock get a Hold rating from HSBC Securities on December 10, 2024.
