Better Times Ahead For Progressive Corp (NYSE: PGR)?

Progressive Corp (PGR) concluded trading on Wednesday at a closing price of $260.33, with 4.77 million shares of worth about $1.24 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.33% during that period and on June 18, 2025 the price saw a loss of about -2.05%. 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 -1.10% in past 5 days and over the past one month there was a price change of -9.68%. Year-to-date (YTD), PGR shares are showing a performance of 10.69% which increased to 30.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $201.10 but also hit the highest price of $292.99 during that period. The average intraday trading volume for Progressive Corp shares is 3.29 million. The stock is currently trading -5.33% below its 20-day simple moving average (SMA20), while that difference is down -5.56% for SMA50 and it goes to 0.40% higher than SMA200.

Progressive Corp (NYSE: PGR) currently have 586.00M outstanding shares and institutions hold larger chunk of about 87.76% of that.

The stock has a current market capitalization of $152.61B and its 3Y-monthly beta is at 0.40. PE ratio of stock for trailing 12 months is 17.53, while it has posted earnings per share of $14.85 in the same period. Its PEG reads 2.70 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 0.88% while standing at 1.39% over the month.

Stock’s fiscal year EPS is expected to rise by 15.68% while it is estimated to decrease by -2.42% in next year. EPS is likely to shrink at an annualized rate of 6.48% 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.

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