
Progressive (PGR) Stock Forecast & Price Target
Progressive (PGR) Analyst Ratings
Bulls say
Progressive is positioned as the second-largest personal auto insurer in the United States, with a robust portfolio consisting of nearly 24 million personal auto policies. The financial projections indicate an increase in earnings per share (EPS) for 2025, with estimates raised to $18.15, reflecting an optimistic outlook driven by improved net investment income (NII) and reduced catastrophe losses despite expectations of slower premium growth. Additionally, the anticipated improvement in core loss ratios within the property and casualty insurance group correlates with historical trends, reinforcing a positive long-term growth narrative for the company.
Bears say
The financial analysis indicates a negative outlook for Progressive's stock, primarily due to a downward revision of the 2025 earnings estimate from $18.15 to $17.00, reflecting underperformance in September linked to a Florida policyholder credit charge and anticipated slower premium growth. Furthermore, the expected increase in the core loss ratio, combined with expected declines in the growth rate of policies in force as competitors ease rate increases, presents additional concerns. The potential for rising personal auto loss ratios, influenced by both seasonal factors and a trend of insureds avoiding small claims, further supports the cautious stance on the company's financial future.
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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