Q2 Earnings Forecast for Progressive Issued By William Blair

The Progressive Co. (NYSE:PGR) – Equities researchers at William Blair decreased their Q2 2025 earnings estimates for Progressive in a report released on Wednesday, March 19th. William Blair analyst A. Klauber now expects that the insurance provider will earn $3.24 per share for the quarter, down from their prior forecast of $3.25. The consensus estimate for Progressive’s current full-year earnings is $14.68 per share. William Blair also issued estimates for Progressive’s Q3 2025 earnings at $3.42 EPS, Q4 2025 earnings at $4.50 EPS and FY2025 earnings at $16.07 EPS.

A number of other equities research analysts have also issued reports on PGR. JPMorgan Chase & Co. upped their price objective on shares of Progressive from $251.00 to $256.00 and gave the company an “overweight” rating in a report on Friday, January 3rd. HSBC cut shares of Progressive from a “buy” rating to a “hold” rating and set a $267.00 target price on the stock. in a research report on Tuesday, December 10th. BMO Capital Markets decreased their target price on shares of Progressive from $273.00 to $267.00 and set an “outperform” rating on the stock in a research report on Monday, December 16th. Keefe, Bruyette & Woods decreased their target price on shares of Progressive from $295.00 to $294.00 and set an “outperform” rating on the stock in a research report on Friday, January 10th. Finally, Hsbc Global Res cut shares of Progressive from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Seven research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $281.76.

Progressive Trading Down 3.6 %

Shares of PGR opened at $273.19 on Thursday. The company has a current ratio of 0.31, a quick ratio of 0.30 and a debt-to-equity ratio of 0.27. Progressive has a 12-month low of $201.34 and a 12-month high of $292.99. The firm has a 50-day moving average price of $260.59 and a 200 day moving average price of $254.70. The firm has a market capitalization of $160.14 billion, a P/E ratio of 18.97, a P/E/G ratio of 1.70 and a beta of 0.35.

Progressive (NYSE:PGR) last announced its quarterly earnings data on Wednesday, January 29th. The insurance provider reported $4.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.44 by $0.64. Progressive had a net margin of 11.25% and a return on equity of 33.79%.

Hedge Funds Weigh In On Progressive

Hedge funds have recently added to or reduced their stakes in the stock. Webster Bank N. A. purchased a new position in Progressive in the fourth quarter valued at approximately $26,000. Hager Investment Management Services LLC purchased a new position in Progressive in the fourth quarter valued at approximately $28,000. Atlantic Edge Private Wealth Management LLC increased its stake in Progressive by 54.7% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 116 shares of the insurance provider’s stock valued at $28,000 after purchasing an additional 41 shares during the last quarter. Minot DeBlois Advisors LLC purchased a new position in shares of Progressive during the fourth quarter worth approximately $28,000. Finally, Valley National Advisers Inc. increased its holdings in shares of Progressive by 3,000.0% in the 4th quarter. Valley National Advisers Inc. now owns 124 shares of the insurance provider’s stock valued at $29,000 after acquiring an additional 120 shares during the period. 85.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CIO Jonathan S. Bauer sold 1,696 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $282.66, for a total transaction of $479,391.36. Following the sale, the executive now directly owns 26,697 shares in the company, valued at approximately $7,546,174.02. This represents a 5.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Susan Patricia Griffith sold 11,021 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $243.29, for a total transaction of $2,681,299.09. Following the sale, the chief executive officer now owns 473,736 shares in the company, valued at $115,255,231.44. The trade was a 2.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 65,495 shares of company stock worth $16,668,034. Company insiders own 0.34% of the company’s stock.

Progressive Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, April 3rd will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.15%. Progressive’s payout ratio is 2.78%.

About Progressive

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property.