Q2 Earnings Estimate for Progressive Issued By Roth Capital

The Progressive Co. (NYSE:PGR) – Research analysts at Roth Capital lifted their Q2 2025 EPS estimates for Progressive in a research report issued to clients and investors on Tuesday, April 22nd. Roth Capital analyst H. Fong now forecasts that the insurance provider will post earnings per share of $3.22 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.

Progressive (NYSE:PGR) last posted its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $4.65 EPS for the quarter, beating the consensus estimate of $4.28 by $0.37. The business had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $21.87 billion. Progressive had a net margin of 11.25% and a return on equity of 33.79%.

A number of other research firms also recently issued reports on PGR. Roth Mkm lifted their price objective on shares of Progressive from $290.00 to $315.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. Jefferies Financial Group cut their price target on shares of Progressive from $327.00 to $319.00 and set a “buy” rating on the stock in a research report on Friday, April 11th. Wells Fargo & Company raised their price objective on Progressive from $320.00 to $324.00 and gave the company an “overweight” rating in a report on Thursday, April 17th. JPMorgan Chase & Co. upped their target price on Progressive from $267.00 to $287.00 and gave the stock an “overweight” rating in a report on Tuesday, April 8th. Finally, Raymond James upgraded Progressive from a “market perform” rating to an “outperform” rating and set a $305.00 price target for the company in a research note on Thursday, December 26th. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, Progressive currently has an average rating of “Moderate Buy” and an average target price of $285.76.

Progressive Stock Up 0.0 %

NYSE:PGR opened at $265.09 on Wednesday. The stock has a 50-day simple moving average of $274.04 and a 200 day simple moving average of $258.02. Progressive has a 52-week low of $201.34 and a 52-week high of $292.99. The company has a market cap of $155.40 billion, a PE ratio of 18.41, a PEG ratio of 1.70 and a beta of 0.38. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.30 and a current ratio of 0.31.

Progressive Dividend Announcement

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 $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.15%. The ex-dividend date of this dividend was Thursday, April 3rd. Progressive’s dividend payout ratio is currently 2.70%.

Insiders Place Their Bets

In other news, insider Patrick K. Callahan sold 4,669 shares of the stock in a transaction on 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 directly owns 15,191 shares of the company’s stock, valued at approximately $4,248,922.70. This represents a 23.51 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Lori A. Niederst sold 3,855 shares of the firm’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 completion of the transaction, the insider now owns 39,040 shares in the company, valued at $9,645,222.40. The trade was a 8.99 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 43,749 shares of company stock worth $11,786,613 in the last quarter. Corporate insiders own 0.33% of the company’s stock.

Hedge Funds Weigh In On Progressive

Several hedge funds have recently bought and sold shares of PGR. Versant Capital Management Inc lifted its stake in Progressive by 98.2% during the fourth quarter. Versant Capital Management Inc now owns 789 shares of the insurance provider’s stock worth $189,000 after purchasing an additional 391 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Progressive by 2,262.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 433,999 shares of the insurance provider’s stock worth $103,990,000 after buying an additional 415,628 shares in the last quarter. Signal Advisors Wealth LLC lifted its position in shares of Progressive by 42.3% during the 4th quarter. Signal Advisors Wealth LLC now owns 11,889 shares of the insurance provider’s stock worth $2,849,000 after buying an additional 3,534 shares during the last quarter. Nordea Investment Management AB boosted its stake in Progressive by 30.5% in the fourth quarter. Nordea Investment Management AB now owns 1,069,697 shares of the insurance provider’s stock valued at $255,882,000 after buying an additional 249,958 shares in the last quarter. Finally, Oddo BHF Asset Management Sas bought a new position in Progressive in the third quarter valued at about $35,253,000. 85.34% of the stock is owned by institutional investors.

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.