Progressive Corporation (The) ($PGR) Stock Forecast: Down 5.4% Today

What is Progressive Corporation (The)?

The Progressive Corporation (PGR) is an insurance company offering various insurance products and related services.

Why is Progressive Corporation (The) going down?

PGR stock is down 5.4% on Dec 17, 2025 14:40

• American Financial Group (AFG) authorizing an increased equity buyback, concerns about underwriting profitability and volatile investments, impacting PGR's stock negatively.
• Thrivent Financial for Lutherans increasing their shares in PGR while company insiders selling shares could have influenced the market sentiment.
• Overbrook Management Corp reducing its stake, along with Progressive missing quarterly earnings estimates, likely contributing to the decline in PGR's stock.
• Mizuho initiating coverage on PGR with a Neutral rating and projecting EPS decline due to market normalization potentially affecting investor confidence and market movement.

PGR Price Chart

PGR Technical Analysis

PGR News

Did AFG’s Enlarged 2030 Buyback Plan Quietly Redefine American Financial Group's Capital Return Story?

American Financial Group (AFG) increased its equity buyback authorization by 5 million shares, extending the program until December 31, 2030. This expansion, coupled with a recent dividend hike, signals management's focus on consistent capital returns despite softening net income. Investors should monitor underwriting profitability and volatile alternative investments to ensure the sustainability of AFG's payout profile.

https://simplywall.st/stocks/us/insurance/nyse-afg/american-financial-group/news/did-afgs-enlarged-2030-buyback-plan-quietly-redefine-america

Thrivent Financial for Lutherans Acquires 17,423 Shares of The Progressive Corporation $PGR

Thrivent Financial for Lutherans increased its stake in The Progressive Corporation by 18.5%, acquiring an additional 17,423 shares to reach a total of 111,613 shares valued at approximately $29.78 million. Despite this increase in institutional ownership, company insiders have been net sellers, disposing of shares worth about $4.16 million over the past three months. Analysts, who have a consensus "Hold" rating with an average target price of $264.92, also note that Progressive recently missed quarterly EPS estimates.

https://www.marketbeat.com/instant-alerts/filing-thrivent-financial-for-lutherans-acquires-17423-shares-of-the-progressive-corporation-pgr-2025-12-16/

The Progressive Corporation $PGR Shares Sold by Overbrook Management Corp

Overbrook Management Corp significantly reduced its stake in The Progressive Corporation (NYSE:PGR) by 42.1% in Q3, selling 29,993 shares and retaining 41,214 shares valued at $10.18 million. Despite institutional investors owning 85.34% of PGR, company insiders have been net sellers, offloading 17,673 shares worth $4.16 million in the last 90 days. Progressive recently missed Q3 earnings and revenue estimates, trading near $236, with analysts currently holding a consensus "Hold" rating and a target price of $264.92.

https://www.marketbeat.com/instant-alerts/filing-the-progressive-corporation-pgr-shares-sold-by-overbrook-management-corp-2025-12-16/

Is Hartford (HIG) Balancing Philanthropy and Slower Premium Growth or Revealing a Strategic Constraint?

Hartford (HIG) recently donated 250,000 shares to a charitable foundation, which coincides with analyst concerns about its softer sales outlook and slower premium growth compared to competitors. This raises questions about how the company's investment narrative, including its underwriting discipline and technology investments, can offset these challenges. Investors are left to weigh the impact of share issuance from the donation against ongoing buybacks and competitive pressures.

https://simplywall.st/stocks/us/insurance/nyse-hig/hartford-insurance-group/news/is-hartford-hig-balancing-philanthropy-and-slower-premium-gr

Mizuho initiates Progressive stock coverage with Neutral rating

Mizuho has initiated coverage on Progressive Corp. (NYSE:PGR) with a Neutral rating and a $242.00 price target, despite acknowledging Progressive's historical performance as "best-in-class" within the insurance sector. The firm projects an EPS decline in 2026 and flat EPS in 2027, anticipating a slowdown in policy growth due to market normalization. Mizuho stated it would "look for a more attractive entry point to buy PGR shares."

https://m.investing.com/news/analyst-ratings/mizuho-initiates-progressive-stock-coverage-with-neutral-rating-93CH-4409383?ampMode=1

Trending Today

Progressive Corporation (The) Price History

06.11.2024 - PGR Stock was down 2.7%

• Despite the market downturn, Progressive (PGR) demonstrated strong performance compared to the overall market, highlighting its resilience in volatile market conditions.
• The uptick in Progressive's stock price could be attributed to its robust financial results and investor confidence in its business model.
• Investors seem to consider Progressive a safe investment choice amid market instability, leading to increased demand for the stock and boosting its price.

04.03.2025 - PGR Stock was down 5.9%

• The decline in PGR's performance today could be attributed to investors taking profits following a period of strong growth.
• Despite the optimistic forecast for surpassing earnings expectations, external factors or overall market sentiment might have played a role in the stock's drop.
• It is plausible that investors were anticipating superior outcomes, prompting a selloff in the stock.
• In summary, today's downturn in PGR may represent a momentary market adjustment rather than an indication of the company's future potential.

13.11.2024 - PGR Stock was up 5.1%

• Progressive Corporation posted an impressive earnings per share of $1.71 for November, a significant increase from the previous year, indicating strong financial growth.
• The company's net premiums written for the month rose to $5.563 billion, marking an 18% increase and highlighting a positive trend in revenue generation.
• The announcement of an annual common share dividend of $4.50 per share and a quarterly dividend of $0.10 per share likely appealed to investors, contributing to the further increase in the stock price.
• In conclusion, Progressive's solid financial performance and shareholder-friendly dividend policies were key factors in today's bullish market movement.

17.11.2025 - PGR Stock was down 5.4%

• American Financial Group (AFG) authorizing an increased equity buyback, concerns about underwriting profitability and volatile investments, impacting PGR's stock negatively.
• Thrivent Financial for Lutherans increasing their shares in PGR while company insiders selling shares could have influenced the market sentiment.
• Overbrook Management Corp reducing its stake, along with Progressive missing quarterly earnings estimates, likely contributing to the decline in PGR's stock.
• Mizuho initiating coverage on PGR with a Neutral rating and projecting EPS decline due to market normalization potentially affecting investor confidence and market movement.

25.08.2024 - PGR Stock was down 5.7%

• Despite operating in a resilient industry and having strong earnings estimates, Progressive (PGR) encountered a bearish trend.
• Observations of bullish trends and momentum investing in alternative stocks imply a shift in market sentiment away from Progressive on the day.
• It is conceivable that profit-taking or broader market forces impacted the decline in Progressive's stock price, notwithstanding its favorable growth projections.

19.02.2025 - PGR Stock was down 6.5%

• Despite being a top momentum pick and a standout performer in 2025, Progressive Corporation (PGR) saw a significant bearish movement today.
• The decline could be linked to investors taking profits following the stock's notable growth.
• Shifts in market sentiment, possibly triggered by broader economic uncertainties or industry-specific developments, may have influenced the insurance sector, affecting PGR.
• Investors could be reconsidering their positions in PGR in light of current market conditions and future prospects, contributing to the observed bearish movement.

08.11.2025 - PGR Stock was up 2.2%

• The bullish movement in PGR's stock price could be attributed to positive industry developments, specifically the validation of grid technology focus by the U.S. Department of Energy's Energy Dominance Financing Program. This validation likely boosted investor confidence in companies like PGR that are involved in cutting-edge technologies.
• While concerns initially arose from a decrease in institutional holdings and insider selling at PGR, the positive industry news seems to have overshadowed any apprehensions. Investors appear to be focusing more on the potential growth opportunities presented by advancements in grid technology.
• Despite a reduction in stake by California Public Employees Retirement System, the increased investments by other institutional investors such as Vanguard Group Inc. and Geode Capital Management LLC could signal ongoing market interest and support for PGR's future growth.
• The varied analyst ratings and a recent earnings miss by PGR may have been momentarily overshadowed by broader industry trends and the optimistic outlook following NextNRG's recent developments.

08.03.2025 - PGR Stock was up 6.6%

• Cautious stance on Progressive due to a cyclical margin peak and concerns about tariffs and slowing EPS growth might have initially dampened investor confidence.
• Positive outlook on Progressive beating earnings estimates could have sparked renewed interest and confidence in the company's financial performance, leading to the strong bullish movement in the stock today.
• Market's focus on company-specific factors like earnings potential and growth outlook likely outweighed broader macroeconomic concerns, driving Progressive's stock price higher.

14.07.2024 - PGR Stock was up 5.0%

• Increased premiums and net income were reported by Progressive for July, indicating strong financial performance.
• The positive July 2024 results reflect the company's continued growth and profitability.
• Comparison with other homeowner's insurance stocks and the assessment of Progressive as a good investment option further boosts investor confidence in the company.
• Overall, the bullish movement in PGR's stock can be attributed to its solid financial performance, positive market sentiment, and favorable comparisons with competitors.

14.07.2024 - PGR Stock was up 5.3%

• Progressive Corp. (PGR) announced a notable July profit of $813.5 million, with revenue reaching $6.5 billion, leading to a significant upward trend in the stock's value.
• The stock hit its highest point in 52 weeks, reaching $229.31, showcasing investors' optimism and favorable market reception towards the company.
• The upsurge in premiums and net income during July played a key role in driving the positive market momentum, underscoring the company's solid financial standing.
• In general, Progressive Corp.'s sturdy financial outcomes and market position appeared to have influenced today's positive movement in its stock.

15.09.2025 - PGR Stock was down 6.9%

• Despite high expectations for strong Q3 earnings, Progressive Corp. (PGR) saw a decline in its stock price today.
• The market's reaction could be attributed to unforeseen expenses or slower growth in a specific business segment.
• Investors may have opted to take profits following a recent upward trend, resulting in a temporary decrease in the stock's value.
• It is possible that external factors, such as general market conditions or economic indicators, played a role in the stock's downward movement today.

10.03.2025 - PGR Stock was up 6.2%

• The surge in Progressive's stock price could be attributed to the positive options trends identified signaling increased investor interest and confidence in the company's future performance.
• The recommendation of targeting low-beta stocks as a volatility shield might have also influenced investors to consider Progressive, given its stable and less volatile nature compared to other high-beta stocks.
• Despite cautious outlook on Progressive due to concerns about a cyclical margin peak, tariff issues, and slowing EPS growth, investors might have focused more on the positive options activities and the potential stability offered by the stock during market uncertainties.