
Progressive (PGR) Stock Forecast & Price Target
Progressive (PGR) Analyst Ratings
Bulls say
Progressive is positioned as the second-largest personal auto insurer in the U.S., with an estimated EPS increase for 2025-2027, reflecting resilience in its financial performance and adjustments for improved net investment income and lower catastrophe losses. The company's diverse distribution channels, maintaining a balanced split between agent and direct marketing, support its robust penetration in the market, while anticipated improvements in core loss ratios signal potential for enhanced profitability as pricing stabilizes. Despite facing slower premium growth and increasing expense ratios, the overall outlook remains positive, grounded in historical trends of profitability following peak pricing periods.
Bears say
The negative outlook on Progressive's stock is primarily driven by anticipated slower premium growth and an increased core loss ratio, particularly influenced by recent underperformance related to Florida policyholder credit charges. The company's expected growth in personal insurance policies is projected to decelerate due to competitive pressures and various market dynamics, including declining earned rate increases and seasonal loss patterns. Moreover, concerns about a normalizing trend in personal auto physical damage losses may lead to elevated loss ratios, further impacting the company’s financial stability.
This aggregate rating is based on analysts' research of Progressive and is not a guaranteed prediction by Public.com or investment advice.
Progressive (PGR) Analyst Forecast & Price Prediction
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