Q3 Earnings Forecast for Progressive Issued By Roth Capital

The Progressive Co. (NYSE:PGR) – Research analysts at Roth Capital lifted their Q3 2025 earnings estimates for Progressive in a report released on Friday, May 23rd. Roth Capital analyst H. Fong now forecasts that the insurance provider will post earnings per share of $3.64 for the quarter, up from their previous estimate of $3.48. The consensus estimate for Progressive’s current full-year earnings is $14.68 per share. Roth Capital also issued estimates for Progressive’s Q1 2026 earnings at $3.77 EPS, Q2 2026 earnings at $3.80 EPS, Q3 2026 earnings at $3.94 EPS and FY2026 earnings at $15.50 EPS.

Progressive (NYSE:PGR) last announced its quarterly earnings results on Wednesday, April 16th. The insurance provider reported $4.65 earnings per share for the quarter, beating analysts’ consensus estimates of $4.28 by $0.37. The company had revenue of $22.21 billion for the quarter, compared to analyst estimates of $21.87 billion. Progressive had a net margin of 11.25% and a return on equity of 33.79%.

A number of other equities analysts also recently commented on the company. Roth Mkm raised their price objective on Progressive from $290.00 to $315.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. increased their target price on shares of Progressive from $267.00 to $287.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 8th. UBS Group lifted their price target on shares of Progressive from $275.00 to $285.00 and gave the company a “neutral” rating in a research report on Friday, March 14th. Wall Street Zen downgraded shares of Progressive from a “buy” rating to a “hold” rating in a research note on Wednesday, May 21st. Finally, BMO Capital Markets increased their price objective on shares of Progressive from $282.00 to $288.00 and gave the stock an “outperform” rating in a research report on Thursday, April 17th. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $288.24.

Progressive Trading Up 0.1%

Shares of PGR opened at $277.33 on Monday. Progressive has a twelve month low of $201.34 and a twelve month high of $292.99. The firm has a market capitalization of $162.58 billion, a P/E ratio of 19.26, a price-to-earnings-growth ratio of 1.70 and a beta of 0.40. The company has a current ratio of 0.31, a quick ratio of 0.30 and a debt-to-equity ratio of 0.27. The stock’s fifty day simple moving average is $275.22 and its 200 day simple moving average is $262.95.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of PGR. Synergy Asset Management LLC lifted its stake in Progressive by 100.3% during the fourth quarter. Synergy Asset Management LLC now owns 3,541 shares of the insurance provider’s stock worth $875,000 after purchasing an additional 1,773 shares during the last quarter. Archer Investment Corp raised its holdings in shares of Progressive by 295.1% during the fourth quarter. Archer Investment Corp now owns 2,102 shares of the insurance provider’s stock worth $504,000 after purchasing an additional 1,570 shares during the period. Sycomore Asset Management lifted its position in shares of Progressive by 42.8% in the 4th quarter. Sycomore Asset Management now owns 51,770 shares of the insurance provider’s stock worth $13,066,000 after buying an additional 15,512 shares during the last quarter. Vivid Wealth Management LLC bought a new position in shares of Progressive in the 4th quarter worth about $2,143,000. Finally, Van ECK Associates Corp boosted its holdings in shares of Progressive by 3.4% in the 4th quarter. Van ECK Associates Corp now owns 16,199 shares of the insurance provider’s stock valued at $3,881,000 after buying an additional 527 shares during the period. Institutional investors own 85.34% of the company’s stock.

Insider Buying and Selling at Progressive

In other news, CFO John P. Sauerland sold 10,000 shares of the business’s stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $268.59, for a total value of $2,685,900.00. Following the completion of the sale, the chief financial officer now owns 248,024 shares of the company’s stock, valued at approximately $66,616,766.16. The trade was a 3.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 transaction, the insider now directly owns 15,191 shares in the company, valued at $4,248,922.70. The trade was a 23.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 42,384 shares of company stock valued at $11,711,495 in the last three months. Corporate insiders own 0.34% of the company’s stock.

Progressive Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 3rd were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a $0.40 annualized dividend and a yield of 0.14%. Progressive’s dividend payout ratio is presently 2.70%.

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.