In recent trading session, Progressive Corp (NYSE:PGR) saw 1.07 million shares changing hands at last check today with its beta currently measuring 0.39. Company’s recent per share price level of $280.80 trading at $2.63 or 0.95% at last check today assigns it a market valuation of $164.61B. That most recent trading price of PGR’s stock is at a discount of -4.34% from its 52-week high price of $292.99 and is indicating a premium of 29.62% from its 52-week low price of $197.62. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.3 million shares which gives us an average trading volume of 3.28 million if we extend that period to 3-months.
For Progressive Corp (PGR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.04. Splitting up the data highlights that, out of 17 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Progressive Corp (NYSE:PGR) trade information
Upright in the green today for gaining 0.95%, in the last five days PGR remained trading in the red while hitting it’s week-highest on Friday, 05/09/25 when the stock touched $280.80 price level, adding 2.16% to its value on the day. Progressive Corp’s shares saw a change of 19.40% in year-to-date performance and have moved -1.10% in past 5-day. Progressive Corp (NYSE:PGR) showed a performance of 1.70% in past 30-days. Number of shares sold short was 6.22 million shares which calculate 1.7 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 328 to the stock, which implies a rise of 14.39% to its recent value today. Analysts have been projecting 328 as a low price target for the stock while placing it at a high target of 328. It follows that stock’s current price would drop -16.81% in reaching the projected high whereas dropping to the targeted low would mean a loss of -16.81% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 16.48% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 11.69% while estimates for its earnings growth in next 5 years are of 6.75%.
PGR Dividends
Progressive Corp is more likely to be releasing its next quarterly report on 2025-Apr-15 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.14%, the share has a forward dividend of 0.40 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.58%.
Progressive Corp (NYSE:PGR)’s Major holders
Insiders are in possession of 0.27% of company’s total shares while institution are holding 88.66 percent of that, with stock having share float percentage of 88.89%. Investors also watch the number of corporate investors in a company very closely, which is 88.66% institutions for Progressive Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at PGR for having 52.22 million shares of worth $10.85 billion. And as of 2024-06-30, it was holding 8.9201 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 48.46 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.2778 of outstanding shares, having a total worth of $10.07 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 18.35 shares of worth $5.15 billion or 3.13% of the total outstanding shares. The later fund manager was in possession of 15.86 shares on Dec 31, 2024 , making its stake of worth around $4.45 billion in the company or a holder of 2.70% of company’s stock.
