Progressive (PGR) – Research Analysts’ Recent Ratings Changes

Progressive (NYSE: PGR) has recently received a number of price target changes and ratings updates:

• 4/14/2026 – Progressive had its price target raised by Bank of America Corporation from $295.00 to $298.00. They now have a “buy” rating on the stock.
• 4/9/2026 – Progressive had its price target lowered by Wells Fargo & Company from $217.00 to $215.00. They now have an “equal weight” rating on the stock.
• 4/7/2026 – Progressive had its price target lowered by Keefe, Bruyette & Woods from $227.00 to $210.00. They now have a “market perform” rating on the stock.
• 3/31/2026 – Progressive had its price target lowered by Morgan Stanley from $205.00 to $190.00. They now have an “underweight” rating on the stock.
• 3/27/2026 – Progressive had its “hold (c+)” rating reaffirmed by Weiss Ratings.
• 3/25/2026 – Progressive had its price target lowered by Bank of America Corporation from $305.00 to $295.00. They now have a “buy” rating on the stock.
• 3/24/2026 – Progressive had its price target lowered by Jefferies Financial Group Inc. from $216.00 to $215.00. They now have a “hold” rating on the stock.
• 3/23/2026 – Progressive had its price target raised by UBS Group AG from $218.00 to $220.00. They now have a “neutral” rating on the stock.
• 3/20/2026 – Progressive had its price target lowered by Mizuho from $235.00 to $223.00. They now have a “neutral” rating on the stock.
• 3/19/2026 – Progressive had its price target lowered by Bank of America Corporation from $308.00 to $305.00. They now have a “buy” rating on the stock.
• 3/19/2026 – Progressive had its price target lowered by Keefe, Bruyette & Woods from $232.00 to $227.00. They now have a “market perform” rating on the stock.
• 3/19/2026 – Progressive had its price target raised by Wells Fargo & Company from $214.00 to $217.00. They now have an “equal weight” rating on the stock.
• 3/18/2026 – Progressive was given a new $247.00 price target by Barclays PLC.
• 3/18/2026 – Progressive had its “negative” rating reaffirmed by Evercore Inc.
• 3/18/2026 – Progressive was downgraded by Barclays PLC from “strong-buy” to “hold”.
• 3/11/2026 – Progressive had its price target lowered by BMO Capital Markets from $232.00 to $208.00. They now have a “market perform” rating on the stock.
• 3/10/2026 – Progressive had its price target lowered by Bank of America Corporation from $315.00 to $308.00. They now have a “buy” rating on the stock.
• 3/5/2026 – Progressive was upgraded by Argus to “hold”.
• 3/2/2026 – Progressive had its “overweight” rating reaffirmed by Piper Sandler. They now have a $259.00 price target on the stock.
• 2/24/2026 – Progressive was upgraded by Zacks Research from “strong sell” to “hold”.
• 2/23/2026 – Progressive had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $225.00 price target on the stock.
• 2/23/2026 – Progressive had its price target lowered by UBS Group AG from $226.00 to $218.00. They now have a “neutral” rating on the stock.
• 2/19/2026 – Progressive was given a new $230.00 price target by Evercore Inc.
• 2/19/2026 – Progressive was given a new $235.00 price target by Roth Mkm.
• 2/19/2026 – Progressive had its price target lowered by Wells Fargo & Company from $220.00 to $214.00. They now have an “equal weight” rating on the stock.
• 2/19/2026 – Progressive had its price target raised by Keefe, Bruyette & Woods from $225.00 to $232.00. They now have a “market perform” rating on the stock.

Progressive Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 2nd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $0.40 annualized dividend and a yield of 0.2%. Progressive’s dividend payout ratio is currently 2.08%.

Insider Buying and Selling at Progressive

In other news, CAO Carl G. Joyce sold 270 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $206.50, for a total transaction of $55,755.00. Following the completion of the sale, the chief accounting officer owned 558 shares of the company’s stock, valued at approximately $115,227. This represents a 32.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Maribel Pumarejo sold 739 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $203.25, for a total transaction of $150,201.75. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,687 shares of company stock valued at $2,413,044 over the last three months. 0.32% of the stock is owned by insiders.

Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders.

The company distributes its products through a mix of direct channels—online and by phone—and an extensive independent agent network.