Progressive Corporation (PGR)
Financials8 articles
Price chart
Why is PGR moving today?
+2.2%PGR is +2.2% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 2 days ago
Progressive Corporation (PGR) overview
Progressive is one of the largest U.S. auto insurers.
PGR is a member of the S&P 500. It sits in the Financials sector. That sector covers banks, insurers and capital-markets firms at the center of the economy.
Progressive Corporation trades on the NYSE under the ticker symbol PGR. The most recent market data puts the share price at about $218.49. That is up 2.22% on the session. At that price the company is worth roughly $126.81B.
Over the past 52 weeks, PGR has traded between $189.20 and $239.38. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 11.0. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. PGR also pays a dividend. It yields around 0.18% at the current price.
Key statistics
Source: Yahoo Finance - quote as of 2 days ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch PGR
PGR is one of the larger names in the Financials sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each PGR story as it breaks, and tags it bullish, bearish or neutral.
Size matters here as well. The S&P 500 is weighted by market value. PGR is large enough that its own share price nudges the whole index. So it is worth watching even for investors who only hold index funds.
What moves PGR
- Earnings. PGR reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from PGR.
- Sector news. Financials stocks often move together, so a rival's news can move PGR too.
- Index weight. PGR is big enough to move the S&P 500 on its own.
Market Mood
Latest PGR news
Progressive Stock (PGR) 10% Below 52-Week High Analysis
Progressive Corporation (PGR) is currently trading about 10% below its 52-week high. Market opinions are divided on whether the stock is a buy, sell, or hold. The analysis emphasizes that stock performance at this level raises questions about its valuation and future movement. This is important for investors as they assess the stock's potential for return or loss, particularly as it remains close to its recent highs.
Read More: Progressive Stock (PGR) 10% Below 52-Week High Analysis
Progressive Corp (PGR) Form 4 Filing Scheduled for July 28
Progressive Corp (PGR) has a Form 4 filing scheduled for July 28. This filing typically reports transactions made by company insiders. Regulatory disclosures like this are vital for transparency, allowing investors to better gauge the sentiment and activities of company executives. Understanding these transactions can provide insights into insider confidence in the company's future, which is significant for market participants.
Read More: Progressive Corp (PGR) Form 4 Filing Scheduled for July 28
Progressive Corp (PGR) Form 4 Report Filing on July 14
Progressive Corp (PGR) filed a Form 4 on July 14, detailing insider transactions. Form 4s are required when company insiders buy or sell shares, providing transparency about equity ownership changes. This filing helps investors assess insider sentiment and activity regarding company stock. Understanding these transactions can be crucial for making informed investment decisions.
Read More: Progressive Corp (PGR) Form 4 Report Filing on July 14
Progressive Corp (PGR) Files Form 4 on July 14 for Insider Trades
On July 14, Progressive Corp (PGR) filed a Form 4 which is used to report insider transactions. The details of the transactions have not been specified in the article. Such filings are important for investors as they provide insights into the trading activities of company insiders, potentially indicating confidence or lack thereof in the company's future performance. Keeping track of these filings can help investors make informed decisions about their investments in Progressive Corp.
Read More: Progressive Corp (PGR) Files Form 4 on July 14 for Insider Trades
JPMorgan Downgrades Progressive (PGR) Stock Rating on Valuation Concerns
JPMorgan has downgraded the stock rating of Progressive (PGR) due to concerns regarding its valuation. This action reflects apprehensions about how the company's current valuation metrics compare with market expectations. Such rating changes can influence investor perception and market behavior. For ordinary investors, this downgrade may signal increased caution regarding investment in Progressive, potentially impacting the stock's performance.
Read More: JPMorgan Downgrades Progressive (PGR) Stock Rating on Valuation Concerns
Progressive Corporation (PGR) Reports $224.34 Share Price and 16.44% Return
On June 26, 2026, The Progressive Corporation (PGR) closed at $224.34 per share, with a one-month return of 16.44%. However, its shares have decreased by 15.93% over the past 52 weeks. The company has a market capitalization of $131.09 billion and reported a net income increase of 25% in its latest fourth-quarter results. Antipodes Global Strategy highlighted its new position in PGR and noted a forward P/E ratio of approximately 11x, indicating potential growth based on its solid underwriting discipline and market share gains.
Read More: Progressive Corporation (PGR) Reports $224.34 Share Price and 16.44% Return
Progressive Corp (PGR) Form 144 Filed on April 16, 2023
Limited data available — the article provides information about the filing of Form 144 for Progressive Corp (PGR) dated April 16, 2023. A Form 144 is a notice of proposed sale of securities. There are no specific numbers, percentages, or other concrete data points included in the content. The absence of further details limits insights into market implications or effects on PGR's trading activity.
Read More: Progressive Corp (PGR) Form 144 Filed on April 16, 2023
BofA Lowers Progressive Stock Price Target Amid Market Multiples Changes
Bank of America (BofA) has reduced its price target for Progressive Corporation's stock due to lower market multiples. This adjustment reflects changing valuation metrics in the insurance sector. A precise new price target was not provided, but the shift in market multiples could indicate a bearish outlook. This development may impact investor sentiment and trading volumes for Progressive shares in the near term.
Read More: BofA Lowers Progressive Stock Price Target Amid Market Multiples ChangesMore Financials stocks
Frequently asked questions
Is Progressive Corporation in the S&P 500?
Yes. Progressive Corporation trades as PGR and is a member of the S&P 500. The index lists it in the Financials sector.
What sector is PGR in?
PGR sits in the Financials sector of the S&P 500.
Where can I find the latest PGR news?
Right here. This page collects recent PGR news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Progressive Corporation's stock price?
PGR last traded at about $218.49. Prices move all through the session, so this is the latest quote rather than a live one.
What is Progressive Corporation's market cap?
PGR is worth roughly $126.81B. Market cap is the share price times the number of shares outstanding.
What is PGR's P/E ratio?
PGR trades at a trailing P/E ratio of about 11.0. The ratio compares the share price with earnings per share over the past year.