NYSE: PGR

Progressive (PGR) Stock Analysis & Forecast

Progressive Corporation (The). Finance sector, multi-line insurance industry. Market cap $124.1B.

$213.48−2.81 (−1.3%)

Close on Sep 18, 2026. Page updated Sep 19, 9:16 pm ET.

Gekko Brief

AI summary

Progressive closes at $213.48, down 1.3%, sitting between its 50-day average of $215.60 and 200-day average of $210.18. The GekkoIndex reads 62.2, placing the stock in the Accumulation zone. Price stands 3.9% below Gekko Fair Value of $222.04. Over the past year the stock is down 12.4%, though it has gained 4.2% over three months and 5.3% over six months, and it trades roughly 10% below its 52-week high of $248.17.

Recent coverage centers on August operating results and ownership activity. Progressive reported a 6% rise in August net premiums written to $7,605 million, alongside a 22% decline in net income for the month to $951 million, while policies in force rose 7% to 40.5 million. Separately, ownership filings show Nykredit A S acquiring 174,560 shares valued at approximately $38,133,000, and Bank of America Corp DE reporting a stake of 12,278,975 shares valued at approximately $2.68 billion, equal to about 2.11% of the company. Other coverage noted the stock's distance from its 52-week high and included a feature on the company's Keys to Progress program.

The next earnings date falls on 21 October 2026, 31 days out and outside a typical 20-trading-day hold; the prior report on 15 July showed EPS of $4.85 against a $4.70 estimate, with a -9.2% reaction, and Progressive has beaten estimates in 5 of the last 8 quarters, averaging a 3.7% absolute move on results. Seasonality over the next 20 trading days has averaged -0.9% across 5 years, rising in just 1 of them. Among 20 covering firms, 8 rate it buy, 11 hold, and 1 sell, with a consensus target of $231.71.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $213.48200-day averageGekko Fair Value $222.04

Key stats

Market cap
$124.1B
P/E ratio
10.7
Forward P/E
13.3
EPS, TTM
$19.92
Revenue, TTM
$91.02B
Profit margin
12.9%
Dividend yield
0.18%
Beta
0.26
Volume
6.03M avg 2.00M
1-year return
−12.4%
Typical daily move
±1.8%
Typical 20-day move
±3.9%
50-day average
$215.60
200-day average
$210.18
Next earnings
Oct 21
Shares outstanding
581.1M
52-week range
$189.20$248.17

Progressive swing-trade checklist

Progressive scores 2 supportive, 2 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive2 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $213.48 sits between the 50-day ($215.60) and 200-day ($210.18) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    62.2, Accumulation

    Reading 62.2 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuemixed

    3.9% below

    Price is within 5% of Gekko Fair Value (3.9% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 31 days

    Next report Oct 21, 2026, 31 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −0.9% on average

    From this point in the calendar, the next 20 trading days averaged −0.9% over 5 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Progressive stock chart and price history

Progressive closed at $213.48 on Sep 18, 2026, −12.4% over the past year, inside a 52-week range of $189.20 to $248.17.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−1.7%
3 months
+4.2%
6 months
+5.3%
1 year
−12.4%
The full PGR chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open PGR in Gekko

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About Progressive

Progressive is an insurance holding company that sells coverage for vehicles, homes and businesses across the United States. It writes personal and commercial auto policies, along with property and general liability products, and is widely recognized for its personal auto insurance business. Its personal offerings extend beyond standard cars to motorcycles, ATVs, RVs, boats and snowmobiles, while its commercial policies cover business vehicles ranging from small delivery vans to long-haul trucks, construction and logging equipment, tow trucks, taxis and livery vehicles.

The company operates through three segments: Personal Lines, Commercial Lines and Property. Personal Lines covers individual vehicles and recreational transport, Commercial Lines serves businesses with fleet and liability needs, and Property handles homeowners, renters, umbrella and flood insurance. Beyond underwriting policies, Progressive handles claims processing, acts as an agent for products like workers' compensation, and offers reinsurance. Customers can buy coverage through independent agents or directly through Progressive's own websites, mobile tools and phone lines.

Founded in 1937, Progressive is headquartered in Mayfield, Ohio. Its shares are listed on the NYSE under the ticker PGR.

Listed
NYSE
Sector
Finance
Industry
Multi-line insurance
Website
progressive.com

Progressive GekkoIndex: the smart money zone

Progressive’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62.2, in the Accumulation zone, up 2.6 points over five sessions.

010062.2Accumulation

Up 2.6 points over five sessions, from the Neutral zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying100.0%−1.0%+3.4%+1.7%
Accumulation (current zone)221+0.6%+0.5%+0.7%+0.6%
Neutral352−0.3%−0.1%0.0%+0.7%
Distribution70+1.4%+2.8%+3.7%+5.9%
Selling9Too few readings yet

Average PGR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the PGR price, zone by zone.Track PGR in Gekko

Is Progressive stock overvalued? Gekko Fair Value

Progressive trades 3.9% below Gekko Fair Value of $222.04, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Progressive shares are worth, recalculated every trading day.

$222.04

Gekko Fair Value, Sep 19, 2026

3.9% below fair value · About fair value

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open PGR in Gekko

Progressive insider and Congress trading

No open-market insider purchases were filed for Progressive, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for PGR in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every PGR insider filing, plotted on the chart in Gekko.Open PGR in Gekko

Congress trades last 90 days

No trades in PGR were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for PGR, plotted on the chart in Gekko.Open PGR in Gekko

Buybacks

Progressive has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$614.0M
As a share of market cap
0.49%
Trailing four quarters
$1.19B

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds PGR.

1added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Progressive earnings: next date and track record

Progressive reports on Oct 21, 2026 (31 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±3.7%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+1.4%Oct ’24+1.7%Jan ’25−3.9%Apr ’25+2.1%Jul ’25−7.8%Oct ’25+0.1%Jan ’26+3.5%Apr ’26−9.2%Jul ’26
ReportedEPSSurpriseRevenueSurpriseMove
Jul 15, 2026$4.85
est $4.70
+3.2%$21.08B
est $19.49B
+8.2%−9.2%
Apr 15, 2026$4.96
est $4.88
+1.6%$23.64B
est $22.98B
+2.9%+3.5%
Jan 28, 2026$4.67
est $4.43
+5.4%$19.51B
est $20.30B
−3.9%+0.1%
Oct 15, 2025$4.05
est $4.99
−18.8%$22.51B
est $21.80B
+3.3%−7.8%
Jul 16, 2025$4.88
est $4.48
+8.9%$22.00B
est $20.46B
+7.5%+2.1%
Apr 16, 2025$4.65
est $4.75
−2.1%$20.40B
est $21.47B
−5.0%−3.9%
Jan 29, 2025$4.08
est $3.23
+26.3%$20.27B
est $18.30B
+10.8%+1.7%
Oct 15, 2024$3.59
est $3.64
−1.4%$19.71B
est $19.02B
+3.6%+1.4%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Progressive stock forecast and analyst price targets

Analysts’ average 12-month price target for Progressive is $231.71, +8.5% from the last close, from 20 firms rating the stock in the last 90 days.

$231.71consensus 12-month target, +8.5% from the last close
Low $200High $309
Buy8
Hold11
Sell1

Each firm’s latest rating in the last 90 days: 20 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 15Mizuho SecuritiesHold, maintained$230+7.7%
Sep 10Morgan StanleyHold, reiterated$210−1.6%
Aug 27UBSHold, reiterated$234+9.6%
Aug 27UBSHold, maintained$234+9.6%
Aug 24Raymond JamesBuy, maintained
+0.7%average 20-day move after past Accumulation readings
−0.9%average move over the next 20 trading days in the last 5 years
±1.8%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Progressive seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Progressive averaged −0.9% across the last 5 years, rising in 1 of them.

Next 20 trading days, by year

−2.0%2021−6.0%2022+11.6%2023−1.6%2024−6.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.8%1 of 5
Next 10 trading days−1.9%1 of 5
Next 15 trading days−1.5%0 of 5
Next 20 trading days−0.9%1 of 5
Next 30 trading days−1.2%3 of 5

For scale, PGR’s typical 20-trading-day move in either direction is about 3.9%.

Progressive market cap and key statistics

Progressive’s market cap is $124.1B, with a P/E ratio of 10.7 and revenue of $91.02B over the last twelve months.

Valuation

Market cap
$124.1B
P/E ratio
10.7
Forward P/E
13.3
EPS, TTM
$19.92
Gekko Fair Value
$222.04

Trading

Volume
6.03M
Avg volume, 20 days
2.00M
52-week high
$248.17
52-week low
$189.20
Shares outstanding
581.1M

Financials

Revenue, TTM
$91.02B
Profit margin
12.9%
Return on equity
34.9%
Quarterly earnings growth, YoY
+5.0%

Risk and income

Beta
0.26
Typical daily move
±1.8%
Typical 20-day move
±3.9%
Dividend yield
0.18%

Progressive stock news this week

Coverage of Progressive this week reads neutral: 2 positive, 3 neutral and 0 negative headlines.

News sentiment neutral

Progressive peers

Progressive’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MFCManulife Financial+0.7%Neutral10.8% above
ALLAllstate−0.6%Accumulation5.6% below
METMetLife+0.2%Neutral2.5% below
AFLAFLAC+0.7%Accumulation2.9% below
SLFSun Life Financial+1.0%Neutral9.1% above
AIGAIG+0.2%Accumulation8.0% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Progressive stock FAQ

What is Progressive’s market cap?

Progressive’s market cap is $124.1B at the Sep 18, 2026 close of $213.48, with 581.1M shares outstanding. The shares trade on a P/E ratio of 10.7.

What is the Progressive stock forecast?

The consensus analyst 12-month price target for Progressive is $231.71, +8.5% from the last close. Of the 20 firms that rated the stock in the last 90 days, 8 rate it a buy, 11 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Progressive stock overvalued or undervalued?

On Gekko’s estimate Progressive is about fair value: the Sep 18, 2026 close of $213.48 is 3.9% below Gekko Fair Value of $222.04. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Progressive report earnings next?

Progressive is expected to report on Oct 21, 2026 (31 days away). Analysts expect earnings of $4.10 per share on revenue of $22.28B. Progressive beat the earnings estimate in 5 of its last 8 reports, moving 3.7% on average across the report.

What is Progressive’s 52-week high and low?

Progressive’s 52-week high is $248.17 and its 52-week low is $189.20; it closed at $213.48 on Sep 18, 2026, −12.4% over the past year.

Is Progressive stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and earnings risk), 2 as mixed (trend and fair value) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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