Q2 Earnings Forecast for Progressive Issued By Roth Capital

The Progressive Co. (NYSE:PGR) – Analysts at Roth Capital boosted their Q2 2025 EPS estimates for Progressive in a report released on Tuesday, April 22nd. Roth Capital analyst H. Fong now expects that the insurance provider will post earnings of $3.22 per share for the quarter, up from their previous estimate of $3.16. The consensus estimate for Progressive’s current full-year earnings is $14.68 per share. Roth Capital also issued estimates for Progressive’s Q3 2025 earnings at $3.48 EPS, FY2025 earnings at $15.10 EPS, Q1 2026 earnings at $3.61 EPS, Q2 2026 earnings at $3.61 EPS, Q3 2026 earnings at $3.76 EPS and FY2026 earnings at $14.80 EPS.

PGR has been the subject of several other research reports. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $288.00 price target on shares of Progressive in a research report on Thursday, April 17th. StockNews.com lowered Progressive from a “buy” rating to a “hold” rating in a report on Friday, April 4th. Roth Mkm lifted their price target on Progressive from $290.00 to $315.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. increased their price objective on Progressive from $267.00 to $287.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 8th. Finally, Barclays lifted their target price on Progressive from $285.00 to $297.00 and gave the company an “equal weight” rating in a research note on Friday, April 11th. Nine research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $285.76.

Progressive Price Performance

PGR stock opened at $265.09 on Wednesday. Progressive has a one year low of $201.34 and a one year high of $292.99. The firm has a 50-day moving average of $274.04 and a two-hundred day moving average of $258.02. The firm has a market capitalization of $155.40 billion, a PE ratio of 18.41, a P/E/G ratio of 1.70 and a beta of 0.38. 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 (NYSE:PGR) last announced its earnings results on Wednesday, April 16th. The insurance provider reported $4.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.28 by $0.37. Progressive had a return on equity of 33.79% and a net margin of 11.25%. The company had revenue of $22.21 billion for the quarter, compared to analyst estimates of $21.87 billion.

Progressive Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Thursday, April 3rd were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a $0.40 annualized dividend and a yield of 0.15%. Progressive’s dividend payout ratio (DPR) is currently 2.70%.

Insiders Place Their Bets

In other Progressive news, insider Lori A. Niederst sold 3,855 shares of the company’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $247.06, for a total value of $952,416.30. Following the sale, the insider now directly owns 39,040 shares in the company, valued at $9,645,222.40. This represents a 8.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Patrick K. Callahan sold 4,669 shares of the stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $279.70, for a total transaction of $1,305,919.30. Following the sale, the insider now owns 15,191 shares of the company’s stock, valued at $4,248,922.70. This trade represents a 23.51 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 43,749 shares of company stock worth $11,786,613 over the last 90 days. Corporate insiders own 0.33% of the company’s stock.

Hedge Funds Weigh In On Progressive

Institutional investors and hedge funds have recently bought and sold shares of the business. Webster Bank N. A. bought a new position in shares of Progressive in the fourth quarter worth about $26,000. Highline Wealth Partners LLC boosted its position in Progressive by 114.0% in the 1st quarter. Highline Wealth Partners LLC now owns 92 shares of the insurance provider’s stock valued at $26,000 after buying an additional 49 shares during the last quarter. Hager Investment Management Services LLC bought a new position in Progressive in the 4th quarter valued at $28,000. Atlantic Edge Private Wealth Management LLC increased its stake in shares of Progressive by 54.7% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 116 shares of the insurance provider’s stock valued at $28,000 after buying an additional 41 shares during the period. Finally, Minot DeBlois Advisors LLC acquired a new position in shares of Progressive during the fourth quarter valued at $28,000. Institutional investors and hedge funds own 85.34% of the company’s stock.

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.