Progressive (NYSE:PGR – Get Free Report) will likely be posting its Q3 2026 results before the market opens on Wednesday, October 14th. Analysts expect Progressive to post earnings of $4.35 per share and revenue of $22.61 billion for the quarter. Interested persons may visit the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 9:30 AM ET.
Progressive (NYSE:PGR – Get Free Report) last issued its quarterly earnings results on Wednesday, July 15th. The insurance provider reported $5.67 EPS for the quarter, beating analysts’ consensus estimates of $4.64 by $1.03. Progressive had a net margin of 12.84% and a return on equity of 32.92%. The business had revenue of $23.61 billion for the quarter, compared to analysts’ expectations of $19.49 billion. During the same quarter in the prior year, the firm posted $5.40 earnings per share. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. On average, analysts expect Progressive to post $18.08 EPS for the current fiscal year and $16.28 EPS for the next fiscal year.
Progressive Stock Performance
Shares of Progressive stock opened at $220.18 on Tuesday. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.24. The business has a 50-day moving average price of $214.48 and a two-hundred day moving average price of $209.04. Progressive has a 1-year low of $189.20 and a 1-year high of $241.01. The company has a market cap of $128.01 billion, a P/E ratio of 11.04, a PEG ratio of 2.36 and a beta of 0.25.
Progressive Announces Dividend
Analysts Set New Price Targets
PGR has been the topic of several research analyst reports. UBS Group restated a “neutral” rating on shares of Progressive in a research report on Monday, September 21st. Roth Capital reaffirmed a “buy” rating and set a $245.00 target price (up from $235.00) on shares of Progressive in a research note on Thursday, August 20th. The Goldman Sachs Group lifted their target price on Progressive from $233.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, October 1st. TD Cowen dropped their price target on Progressive from $266.00 to $222.00 and set a “hold” rating on the stock in a research note on Wednesday, July 29th. Finally, Barclays increased their price target on Progressive from $246.00 to $247.00 and gave the stock an “overweight” rating in a report on Wednesday, October 7th. Nine research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Progressive has an average rating of “Hold” and a consensus target price of $237.35.
View Our Latest Research Report on Progressive
Insider Transactions at Progressive
In other news, CEO Susan Griffith sold 37,338 shares of the stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $219.50, for a total transaction of $8,195,691.00. Following the transaction, the chief executive officer owned 485,438 shares of the company’s stock, valued at $106,553,641. This represents a 7.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven Broz sold 1,225 shares of the firm’s stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $204.29, for a total value of $250,255.25. Following the completion of the sale, the insider owned 30,032 shares of the company’s stock, valued at approximately $6,135,237.28. This represents a 3.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 106,782 shares of company stock valued at $22,965,332. 0.32% of the stock is owned by insiders.
About Progressive
Progressive Corporation is an insurance holding company that provides personal and commercial insurance products in the United States. Its primary business is automobile insurance, serving consumers through direct channels, independent agents and other distribution partners.
The company offers coverage for personal vehicles, motorcycles, recreational vehicles, boats and other specialty vehicles. Its personal insurance portfolio also includes homeowners, renters, condominium and other property coverage, while its commercial business provides insurance for commercial vehicles and related risks.
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