Q3 Earnings Estimate for Progressive Issued By Roth Capital

The Progressive Corporation (NYSE:PGR) – Equities research analysts at Roth Capital raised their Q3 2025 earnings per share estimates for shares of Progressive in a research note issued on Thursday, July 17th. Roth Capital analyst H. Fong now forecasts that the insurance provider will post earnings per share of $3.98 for the quarter, up from their prior forecast of $3.73. The consensus estimate for Progressive’s current full-year earnings is $14.68 per share. Roth Capital also issued estimates for Progressive’s Q4 2025 earnings at $4.18 EPS, FY2025 earnings at $17.70 EPS, Q1 2026 earnings at $3.92 EPS and Q3 2026 earnings at $4.03 EPS.

Progressive (NYSE:PGR) last posted its earnings results on Wednesday, July 16th. The insurance provider reported $4.88 EPS for the quarter, beating analysts’ consensus estimates of $4.43 by $0.45. Progressive had a return on equity of 35.37% and a net margin of 12.66%. The firm had revenue of $20.08 billion for the quarter, compared to analysts’ expectations of $20.39 billion. During the same period last year, the firm earned $2.48 EPS. The company’s quarterly revenue was up 12.1% on a year-over-year basis.

A number of other research firms have also recently commented on PGR. Jefferies Financial Group dropped their target price on Progressive from $327.00 to $319.00 and set a “buy” rating on the stock in a research report on Friday, April 11th. BMO Capital Markets dropped their target price on Progressive from $288.00 to $281.00 and set an “outperform” rating on the stock in a research report on Friday. Wall Street Zen cut Progressive from a “buy” rating to a “hold” rating in a research report on Friday. Bank of America lowered their price objective on Progressive from $337.00 to $336.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Morgan Stanley lowered their price objective on Progressive from $290.00 to $280.00 and set an “equal weight” rating on the stock in a report on Monday, July 14th. Nine research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $287.63.

Progressive Price Performance

NYSE:PGR opened at $246.48 on Friday. Progressive has a 52 week low of $208.13 and a 52 week high of $292.99. The company has a quick ratio of 0.29, a current ratio of 0.34 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $144.49 billion, a PE ratio of 13.89, a price-to-earnings-growth ratio of 1.51 and a beta of 0.37. The stock’s 50-day moving average price is $267.67 and its 200-day moving average price is $265.73.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PGR. Brighton Jones LLC raised its position in shares of Progressive by 15.6% during the 4th quarter. Brighton Jones LLC now owns 3,392 shares of the insurance provider’s stock valued at $813,000 after buying an additional 457 shares during the period. Revolve Wealth Partners LLC purchased a new stake in shares of Progressive during the 4th quarter valued at approximately $269,000. Highview Capital Management LLC DE raised its position in shares of Progressive by 3.2% during the 4th quarter. Highview Capital Management LLC DE now owns 11,040 shares of the insurance provider’s stock valued at $2,645,000 after buying an additional 339 shares during the period. Proficio Capital Partners LLC raised its position in shares of Progressive by 54.1% during the 4th quarter. Proficio Capital Partners LLC now owns 2,371 shares of the insurance provider’s stock valued at $568,000 after buying an additional 832 shares during the period. Finally, Harbour Investments Inc. raised its position in shares of Progressive by 27.7% during the 4th quarter. Harbour Investments Inc. now owns 332 shares of the insurance provider’s stock valued at $80,000 after buying an additional 72 shares during the period. 85.34% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Progressive news, insider Steven Broz sold 1,267 shares of the firm’s stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $260.38, for a total value of $329,901.46. Following the transaction, the insider directly owned 27,621 shares of the company’s stock, valued at $7,191,955.98. This trade represents a 4.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider John Jo Murphy sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $260.38, for a total transaction of $1,041,520.00. Following the completion of the transaction, the insider directly owned 41,289 shares in the company, valued at $10,750,829.82. This trade represents a 8.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 42,705 shares of company stock worth $11,450,948. 0.34% of the stock is currently owned by insiders.

Progressive Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, July 4th were paid a $0.10 dividend. This represents a yield of 0.15%. The ex-dividend date was Thursday, July 3rd. Progressive’s dividend payout ratio (DPR) is 2.25%.

Progressive Company Profile

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.