PGR The Progressive Corporation

Stock NYSE Financial Services

US$231.26 +0.43% Latest close

Trend channel, buy level and 3-month target. Information only, not financial advice.

At the channel ceiling ยท 9-month channel rising

Price is at the upper line, where it has stalled before.

9-month channel read from
US$202.23 โ€“ US$228.46 ยท rising, +14% a year
12-month channel
US$202.16 โ€“ US$223.02 ยท rising, +5% a year
Price in channel
111% (0% = floor, 100% = ceiling)
Ceiling overhead
none โ€” above both ceilings
Turns bearish below
US$202.23
Published levels
Buy and target are not from this channel โ€” see below.

What broke this trend

The fall
-30% from US$273.3017 Mar 2025 โ†’ 29 May 2026
Whose problem it was
This company0 of 1 Insurance - Property & Casualty peers fell with it
Does it resolve?
Temporary falls like it have resolved on the record
Regained so far
49%of what it lost
What the record says
86% of 1244 comparable falls came back, typically in 69 days measured across every stock we hold history for, its peer group being too small

Fell -30% (17 Mar 2025 โ†’ 29 May 2026); regained 49% so far; company-specific.

Reported at the time: Barclays Maintains Equal-Weight on Progressive, Raises Price Target to $285 โ€” 13 Mar 2025

Price history, with the path projected 3 months forward

Updated 5:03 PM ET (19 h ago)

US$150.0US$200.0US$250.0Nov 23Apr 24Sept 24Feb 25July 25Dec 25May 26Oct 26 today BuyTarget Our buy US$212.4 ยท est. 17 Nov 26Our target US$231.6 ยท est. 29 Jan 27
  • Daily close
  • Upper trend line (9 months)
  • Lower trend line (9 months)
  • The same lines over the last 12 months
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Suggested path

Buy at or below

US$212.37

level as at 17 Nov 2026

Our target

US$231.57

by 30 Jan 2027

Projected move

9.0%

gross, before costs

Price is between our buy and target.

Target: the projected upper line.

This move size: reached in 71% of 12 past stretches, typically in 90 days. (0.10% per day)

Upper line touches
3
Lower line touches
5
Fit confidence
79%
Fitted
1 Nov 2026

Company information

About The Progressive Corporation

The Progressive Corporation, an insurance holding company, offers a comprehensive range of insurance products and associated services across the United States. Its portfolio includes personal and commercial vehicle coverage, residential and commercial property protection, general liability, and various other specialized property-casualty insurance options. The company's operations are structured into three main divisions: Personal Lines, Commercial Lines, and Property. Within the Personal Lines segment, Progressive provides coverage for individual automobiles and recreational vehicles. Offerings range from standard personal auto policies to specialized options for motorcycles, all-terrain vehicles (ATVs), RVs, watercraft, snowmobiles, and similar forms of personal transport. The Commercial Lines division focuses on providing primary liability and physical damage insurance for business vehicles, alongside general liability and property insurance tailored for commercial applications. This segment insures a diverse array of vehicles, including cars, vans, pickup trucks, and dump trucks for small businesses; tractors, trailers, and straight trucks for regional freight, expedited shipping, and long-haul transport companies; heavy-duty vehicles like dump trucks, log trucks, and garbage trucks used in industries such as construction, logging, and mining; and tow trucks and wreckers for towing and service stations, as well as various non-fleet taxis and premium car services. The Property segment offers residential insurance solutions for homeowners, other property owners, and renters. Its portfolio further extends to include personal umbrella policies and both primary and excess flood insurance. Beyond underwriting, the company facilitates policy issuance and claims adjusting. It also serves as an agent for various additional insurance products, such as homeowner general liability and workers' compensation, and provides reinsurance services. Progressive's products are distributed through independent insurance agencies, as well as directly to consumers via its online platforms (including mobile access) and telephone channels. Established in 1937, The Progressive Corporation maintains its headquarters in Mayfield, Ohio.

Sector
Financial Services
Industry
Insurance - Property & Casualty
CEO
Susan Patricia Griffith
Employees
70,053
Country
US

https://www.progressive.com

Scorecard

Our own scores from the fundamentals below (not Morningstar ratings).

Valuation
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Profitability
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Financial health
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Cash generation
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Key statistics

Market cap
US$124.49B
Enterprise value
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Beta
0.24
Avg volume
2.99M
Revenue per share
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Dividend yield
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52-week range
189.2-245.64
Exchange
NYSE

Key ratios

P/E (TTM)
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PEG
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Price / sales
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Price / book
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EV / EBITDA
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Gross margin
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Operating margin
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Net margin
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Current ratio
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Quick ratio
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Debt / equity
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Interest cover
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Income statement

Balance sheet

Cash flow

Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.