Progressive Corp (PGR) concluded trading on Thursday at a closing price of $268.42, with 3.05 million shares of worth about $817.41 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.33% during that period and on June 12, 2025 the price saw a gain of about 1.98%. Currently the company’s common shares owned by public are about 586.00M shares, out of which, 584.62M shares are available for trading.
Stock saw a price change of -4.20% in past 5 days and over the past one month there was a price change of -5.01%. Year-to-date (YTD), PGR shares are showing a performance of 14.13% which increased to 30.05% 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 -3.80% below its 20-day simple moving average (SMA20), while that difference is down -2.77% for SMA50 and it goes to 3.70% higher than SMA200.
Progressive Corp (NYSE: PGR) currently have 586.00M outstanding shares and institutions hold larger chunk of about 87.75% of that.
The stock has a current market capitalization of $157.35B and its 3Y-monthly beta is at 0.39. PE ratio of stock for trailing 12 months is 18.07, while it has posted earnings per share of $14.85 in the same period. Its PEG reads 2.69 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 2.14% while standing at 1.47% over the month.
Analysts are in expectations that Progressive Corp (PGR) stock would likely to be making an EPS of 3.93 in the current quarter, while forecast for next quarter EPS is 3.51 and it is 15.87 for next year. For the current quarter EPS, analysts have given the company a lowest target 3.35 which is 4.44 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 2.65 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 14.60% while it is estimated to decrease by -1.60% in next year. EPS is likely to shrink at an annualized rate of 6.73% 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.
