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Progressive Corporation (The) ($PGR) Stock Forecast: Up 5.1% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Progressive Corporation (The)?

The Progressive Corporation (PGR) offers a variety of insurance products, including auto, home, and commercial insurance. The stock saw a significant increase in market value today.

Why is Progressive Corporation (The) going up?

PGR stock is up 5.1% on Feb 5, 2026 15:02

  • Despite a recent decrease in stake by C WorldWide Group Holding A S, Progressive's stock showed a positive trend, suggesting other favorable factors are influencing investor confidence.
  • Allstate's strong performance in Q4 and surpassing of Progressive's net income may have influenced market sentiment towards insurance companies, including Progressive.
  • The announcement of Progressive Corp hitting a 52-week low in the past year could have presented investors with a buying opportunity, potentially leading to the stock's upward movement.
  • The insurance sector's ability to withstand market challenges and the prospect of enhanced affordability initiatives and underwriting gains might have played a role in Progressive's positive performance today.

PGR Price Chart

PGR Technical Analysis

PGR News

Allstate outpaces Progressive as it doubles Q4 net income to $3.8 billion

Allstate Corp. significantly increased its Q4 net income to $3.8 billion, exceeding its key rival Progressive, due to strong underwriting gains and affordability efforts. The company's full-year net income reached $10.17 billion on revenues of $67.69 billion. Allstate also implemented substantial rate decreases and shareholder returns, alongside increased marketing investments.

https://www.insurancebusinessmag.com/us/news/breaking-news/allstate-outpaces-progressive-as-it-doubles-q4-net-income-to-3-8-billion-564368.aspx

0 News Article Image Allstate outpaces Progressive as it doubles Q4 net income to $3.8 billion

Envestnet Asset Management Inc. Grows Position in Arthur J. Gallagher & Co. $AJG

Envestnet Asset Management Inc. has increased its stake in Arthur J. Gallagher & Co. (NYSE:AJG) by 1.2%, acquiring an additional 16,882 shares for a total holding of 1,414,100 shares valued at $438 million. This move is notable as institutional investors now own 85.53% of the company's stock, while insiders have recently sold 32,100 shares. Arthur J. Gallagher & Co. also reported strong Q3 earnings, beating EPS estimates, and increased its quarterly dividend.

https://www.marketbeat.com/instant-alerts/filing-envestnet-asset-management-inc-grows-position-in-arthur-j-gallagher-co-ajg-2026-02-05/

1 News Article Image Envestnet Asset Management Inc. Grows Position in Arthur J. Gallagher & Co. $AJG

C WorldWide Group Holding A S Lowers Position in The Progressive Corporation $PGR

C WorldWide Group Holding A S has reduced its stake in The Progressive Corporation by 15.7% in Q3, now owning 900,081 shares valued at $222.28 million. Progressive has a "Hold" consensus rating with an average target of $251.29, and recently paid a quarterly dividend of $0.10. Insider activity shows recent stock sales by Steven Broz and Andrew J. Quigg.

https://www.marketbeat.com/instant-alerts/filing-c-worldwide-group-holding-a-s-lowers-position-in-the-progressive-corporation-pgr-2026-02-05/

2 News Article Image C WorldWide Group Holding A S Lowers Position in The Progressive Corporation $PGR

Progressive Corp stock hits 52-week low at 198.5 USD By Investing.com

Progressive Corp's stock has hit a 52-week low of $198.50, marking a significant decline of -19.94% over the past year due to broader market challenges and insurance sector pressures. This downturn has led to mixed analyst sentiments, with some maintaining buy ratings while others express concerns over growth and have lowered price targets. The company's recent policy additions have been noted, but the overall market outlook for Progressive remains varied among financial experts.

https://ng.investing.com/news/company-news/progressive-corp-stock-hits-52week-low-at-1985-usd-93CH-2323630

3 News Article Image Progressive Corp stock hits 52-week low at 198.5 USD By Investing.com

ServiceMac’s Scale and Tech Push: What Do They Reveal About First American’s Strategy for FAF?

First American Financial Corporation recently declared a quarterly cash dividend and announced a director's retirement. Concurrently, its subsidiary ServiceMac has expanded significantly, servicing over one million mortgage loans and enhancing its Sentry360 platform. This growth highlights the increasing importance of technology and scale in mortgage subservicing, potentially shifting First American Financial's investment focus towards fee and data-driven opportunities despite current muted market reaction.

https://simplywall.st/stocks/us/insurance/nyse-faf/first-american-financial/news/servicemacs-scale-and-tech-push-what-do-they-reveal-about-fi

4 News Article Image ServiceMac’s Scale and Tech Push: What Do They Reveal About First American’s Strategy for FAF?

Progressive Corporation (The) Price History

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.

04.01.2026 - PGR Stock was up 0.5%

  • The strong bullish movement in The Progressive Corporation's stock today could be attributed to the significant reduction in holdings by Principal Financial Group Inc. and United Community Bank, which might indicate a positive outlook from other investors in the market.
  • The mixed analyst sentiment with some downgrades and price target cuts following Q4 results could have initially caused uncertainty in the market, but the subsequent reduction in holdings by institutional investors could have instilled confidence in other traders.
  • The ongoing sales of shares by company insiders, including the CFO and CIO, might have raised concerns initially, but the overall market movement today suggests that investors are focusing more on the potential growth opportunities and strategic shifts within the company.
  • The combination of these factors, along with the broader market conditions, could have contributed to the bullish movement in The Progressive Corporation's stock today, showcasing a complex interplay of investor actions and market dynamics.

05.01.2026 - PGR Stock was up 5.1%

  • Despite a recent decrease in stake by C WorldWide Group Holding A S, Progressive's stock showed a positive trend, suggesting other favorable factors are influencing investor confidence.
  • Allstate's strong performance in Q4 and surpassing of Progressive's net income may have influenced market sentiment towards insurance companies, including Progressive.
  • The announcement of Progressive Corp hitting a 52-week low in the past year could have presented investors with a buying opportunity, potentially leading to the stock's upward movement.
  • The insurance sector's ability to withstand market challenges and the prospect of enhanced affordability initiatives and underwriting gains might have played a role in Progressive's positive performance today.

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.

07.00.2026 - PGR Stock was up 0.3%

  • Progressive Corporation's stock (PGR) experienced a strong bullish movement likely due to the positive sentiment surrounding the upcoming earnings announcement and the projected EPS growth.
  • The increase in the price target to $252.00 with a potential upside of 17.75% also contributed to the bullish momentum.
  • Despite recent insider selling, the overall positive outlook from analysts and the market's anticipation of a strong earnings report propelled PGR's stock upwards.
  • The market seems to be responding favorably to Progressive's strategic moves and potential growth, overshadowing concerns about past underperformance.

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.

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.

13.00.2026 - PGR Stock was down 5.2%

  • Today's downward trend in PGR stock may be linked to the company's recent earnings report, where it fell short of analyst expectations.
  • The buying of shares by Tema Etfs LLC and the selling of shares by Sumitomo Mitsui Trust Group Inc. could have influenced investor confidence, reflecting mixed sentiments towards the company.
  • Despite Progressive's solid reputation and strategic moves, disappointing earnings and revenue figures in the last quarter may have raised investor concerns, leading to the current downward trend.
  • The market's perception of Progressive Corp's future growth potential in the auto insurance industry, particularly with emerging technologies like telematics and autonomous vehicles, might also be impacting the stock's performance.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.