
Progressive (PGR) Stock Forecast & Price Target
Progressive (PGR) Analyst Ratings
Bulls say
Progressive holds a strong position as the second-largest personal auto insurer in the United States, managing nearly 24 million personal auto policies, which reflects its substantial market presence. Recent financial adjustments to earnings per share (EPS) estimates for 2025, 2026, and 2027 indicate an upward trend in profitability, anticipating EPS figures of $18.15, $15.40, and $16.40, respectively, driven by improved net investment income and a decrease in catastrophe losses. Additionally, the company's ability to navigate competitive pressures while experiencing a historical lag between peak pricing and profitability bodes well for future core loss ratios, supporting a positive outlook on its financial performance.
Bears say
The negative outlook on Progressive's stock stems from a projected decline in premium growth and an anticipated increase in the core loss ratio, particularly influenced by underperformance in Florida. Additionally, the company is expected to experience slower policy in force (PIF) growth as competitors ease rate increases, contributing to declining earned rates and increasing personal auto loss ratios. Seasonal trends, along with changes in consumer behavior regarding claims, further complicate the company's financial stability, reinforcing a cautious perspective on its future performance.
This aggregate rating is based on analysts' research of Progressive and is not a guaranteed prediction by Public.com or investment advice.
Progressive (PGR) Analyst Forecast & Price Prediction
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