Progressive (PGR) Expected to Announce Earnings on Wednesday

Progressive (NYSE:PGR) is expected to be posting its Q1 2026 results before the market opens on Wednesday, April 15th. Analysts expect Progressive to post earnings of $4.67 per share and revenue of $23.5064 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Tuesday, April 14, 2026 at 12:30 PM ET.

Progressive Stock Performance

Shares of PGR opened at $196.53 on Wednesday. The company has a 50-day simple moving average of $204.48 and a 200-day simple moving average of $216.91. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $114.96 billion, a PE ratio of 10.21, a P/E/G ratio of 5.65 and a beta of 0.34. Progressive has a 52-week low of $192.02 and a 52-week high of $289.96.

Progressive Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Thursday, April 2nd. Progressive’s dividend payout ratio (DPR) is currently 2.08%.

Insider Activity

In other Progressive news, CIO Jonathan S. Bauer sold 3,105 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $204.35, for a total transaction of $634,506.75. Following the completion of the transaction, the executive directly owned 26,249 shares in the company, valued at approximately $5,363,983.15. This trade represents a 10.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Maribel Pumarejo sold 739 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $203.25, for a total transaction of $150,201.75. The SEC filing for this sale provides additional information. Insiders sold a total of 11,687 shares of company stock worth $2,413,044 in the last three months. Company insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On Progressive

Several hedge funds have recently added to or reduced their stakes in the business. State Street Corp increased its holdings in Progressive by 0.3% during the 3rd quarter. State Street Corp now owns 25,808,762 shares of the insurance provider’s stock valued at $6,373,474,000 after acquiring an additional 78,374 shares in the last quarter. GQG Partners LLC boosted its stake in shares of Progressive by 11.7% during the 4th quarter. GQG Partners LLC now owns 10,432,549 shares of the insurance provider’s stock worth $2,375,706,000 after purchasing an additional 1,092,151 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Progressive by 181.8% during the 4th quarter. Wellington Management Group LLP now owns 6,506,302 shares of the insurance provider’s stock worth $1,481,615,000 after purchasing an additional 4,197,212 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Progressive by 1.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,213,427 shares of the insurance provider’s stock worth $1,187,202,000 after purchasing an additional 93,120 shares during the last quarter. Finally, FIL Ltd boosted its stake in shares of Progressive by 7.2% during the 4th quarter. FIL Ltd now owns 5,043,636 shares of the insurance provider’s stock worth $1,148,537,000 after purchasing an additional 337,552 shares during the last quarter. 85.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Morgan Stanley cut their price target on shares of Progressive from $205.00 to $190.00 and set an “underweight” rating for the company in a report on Tuesday, March 31st. Piper Sandler reiterated an “overweight” rating and issued a $259.00 price target on shares of Progressive in a report on Monday, March 2nd. BMO Capital Markets cut their price target on shares of Progressive from $232.00 to $208.00 and set a “market perform” rating for the company in a report on Wednesday, March 11th. Keefe, Bruyette & Woods cut their price target on shares of Progressive from $227.00 to $210.00 and set a “market perform” rating for the company in a report on Tuesday. Finally, UBS Group increased their price target on shares of Progressive from $218.00 to $220.00 and gave the company a “neutral” rating in a report on Monday, March 23rd. Six equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $237.44.

About Progressive

Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders.

The company distributes its products through a mix of direct channels—online and by phone—and an extensive independent agent network.