Should I buy Progressive Corporation stock in 2025?
Is Progressive Corporation stock a buy right now?
As of early May 2025, Progressive Corporation (PGR) trades around $277.66 on the NYSE, with an average daily volume of approximately 3.23 million shares. The company’s recent first-quarter results reinforced its status as a clear leader in the U.S. property and casualty insurance sector: net premiums written rose 17% year-over-year, and total policies in force exceeded 36 million—an impressive expansion. While the March 2025 monthly update reflected some pressure on profitability, notably from higher claims expenses, the trend over the longer term remains robust and constructive. Market sentiment is generally favorable, underpinned by Progressive’s effective balance of digital innovation, broad distribution, and prudent risk management, as seen in its use of advanced AI for underwriting and customer engagement. The broader financial services sector is benefiting from ongoing economic resilience and a stable rate environment, which also bodes well for leading insurers. The current consensus of over 29 respected national and international banks has established a target price of $361 for Progressive, highlighting investor confidence in further upside. This blend of steady growth, strategic adaptability, and sound fundamentals positions Progressive as a stock for investors to closely monitor at this juncture.
- Consistent double-digit annual growth in net premiums and policies in force.
- Second-largest personal auto insurer in the U.S. with strong brand recognition.
- Innovative use of AI and data analytics in underwriting and pricing.
- Broad multi-channel distribution enhances market reach and customer acquisition.
- Defensive characteristics with low beta and steady dividend yield.
- Recent monthly profitability pressured by short-term volatility in claims costs.
- Rising competition in auto insurance could impact pricing flexibility.
- What is Progressive Corporation?
- How much is Progressive Corporation stock?
- Our full analysis on Progressive Corporation </b>stock
- How to buy Progressive Corporation stock in United States?
- Our 7 tips for buying Progressive Corporation stock
- The latest news about Progressive Corporation
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of Progressive Corporation for more than three years. Every month, hundreds of thousands of users across the United States rely on us to interpret market trends and identify top investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, paid by Progressive Corporation.
What is Progressive Corporation?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United States | Operates and is headquartered in the U.S.; subject to U.S. regulations and trends. |
| 💼 Market | NYSE (PGR) | Listed on NYSE, ensuring liquidity and strong governance standards. |
| 🏛️ ISIN code | US7433151039 | Unique identifier for security across international markets. |
| 👤 CEO | Tricia Griffith | Proven leader, has driven innovation and consistent growth at Progressive. |
| 🏢 Market cap | $162.77 billion | Large-cap, reflects scale and stability in the insurance industry. |
| 📈 Revenue | $90.5 billion (est. 2025) | Strong revenue, driven by premium growth in personal and commercial lines. |
| 💹 EBITDA | $8.3 billion (est. 2025) | Healthy operating earnings; allows for investments in technology and expansion. |
| 📊 P/E Ratio | 18.72 | Fair valuation for a defensive, steadily growing insurer; sector median is similar. |
How much is Progressive Corporation stock?
The price of Progressive Corporation stock is falling this week. As of now, the stock trades at $277.66, reflecting a 1.45% decrease over the past 24 hours and a 4.70% drop for the week. Progressive holds a market capitalization of $162.77 billion, with a 3-month average trading volume of 3.23 million shares. The Price/Earnings (P/E) ratio stands at 18.72, accompanied by a dividend yield of 1.76% and a beta of 0.38, indicating relatively low volatility. Despite this week’s downturn, Progressive’s stable financials and defensive qualities may appeal to investors looking for long-term growth with moderate risk.
Check out the USA's best brokers!Compare brokersOur full analysis on Progressive Corporation stock
After a thorough review of Progressive Corporation’s latest quarterly results, multi-year stock trajectory, and underlying market dynamics, we have leveraged proprietary algorithms to combine financial, technical, and sectoral data for a fresh assessment of this property and casualty insurance leader. By weighting core financial metrics alongside real-time sentiment, trading activity, and peer comparisons, a nuanced picture emerges. So, why might Progressive Corporation stock once again become a strategic entry point into the insurance and financial services sector as we head into 2025?
Recent Performance and Market Context
Progressive (PGR) has distinctly outperformed both the insurance sector and broader financial indices over the past 12 months, advancing 31.1% year-over-year and 15.88% year-to-date. Despite a modest pullback over the past week (-4.7%) and a single-session decline of -1.45% on May 2, 2025, the underlying trend remains decisively upward—driven by robust premium growth and resilient market demand. Over a six-month horizon, the share price has rallied 14.4%, consistently trading in the upper quartile of its 52-week range ($201.34 – $292.99), and now sits at $277.66 with a sizeable market capitalization of $162.77 billion.
- Q1 2025 results revealed double-digit year-over-year gains in both net premiums written (+17%) and net premiums earned (+20%), outpacing most industry peers.
- Net income and earnings per share both grew by 10% and 11%, respectively, while the company maintained an enviably low combined ratio of 86.0—a testament to Progressive’s underwriting discipline.
- Policy growth has remained exceptional, with total policies in force up 18% YoY, expanding both the company’s revenue base and its defensive profile.
The macroeconomic and sector backdrop is equally favorable. The US insurance industry continues to benefit from strong consumer demand, increasing vehicle sales, and rising premiums. A gradually improving interest rate environment supports insurers’ investment portfolios, enhancing overall returns. Additionally, Progressive is uniquely positioned to capture growth from digital transformation trends and increased adoption of direct-buy insurance models.
Technical Analysis
On the technical front, PGR’s price action postures favorably for both short- and medium-term investors. The stock currently trades above all major moving averages—20-day ($269.87), 50-day ($274.85), 100-day ($260.71), and 200-day ($252.67)—signaling entrenched buyer support and underlying bullish momentum. Notably, the 13 technical indicators tracking moving averages overwhelmingly signal ‘Buy,’ reinforcing conviction.
Oscillator readings provide further nuance; the 14-day RSI at 55.11 reflects a balanced, consolidation phase, neither overbought nor oversold. The MACD stands in positive territory (0.36), confirming the potential for further upward movement. Stochastic readings at 83.17, while elevated, remain supportive of sustained price levels, suggesting positive momentum rather than exhaustion.
Key support areas anchor at $256.52 and $231.30—levels that have previously attracted institutional accumulation and could be optimal entry zones in the event of short-term volatility. Resistance is observed at $298.42 and $315.10; a breakout above these could open the door to a new all-time high, especially if supported by improving fundamentals.
Overall, the technical structure is suggestive of a bullish phase, with current levels offering a potentially compelling entry prior to renewed upward moves or a technical breakout.
Fundamental Analysis
From a fundamental standpoint, Progressive Corporation’s story is defined by disciplined, profitable growth and rigorous risk management. Q1 2025 results set a high bar: net premiums written at $22.21 billion (+17% YoY), net income of $2.57 billion (+10% YoY), and a strong, improving combined ratio of 86.0. Not only does this highlight revenue expansion, it underscores Progressive’s ability to translate top-line gains into real shareholder value.
| Valuation Metric | Progressive Value | Commentary |
|---|---|---|
| P/E Ratio | 18.72 | Modest premium to large-cap peers but justified by superior growth |
| Price/Sales | 2.08 | Indicates undervaluation versus double-digit revenue growth |
| Price/Book | 5.62 | Reflects market confidence in balance sheet and future cash-flows |
| Dividend Yield | 1.76% | Consistent annual increases, balanced total-return strategy |
Strategically, Progressive is leveraging innovation across product development and distribution—most notably with its proprietary “Name Your Price®” and telematics-based “Snapshot®” programs. AI and advanced data analytics are fundamental to underwriting, pricing, and claims management, positioning Progressive at the forefront of digital transformation in insurance. This translates into both a competitive moat and scalable efficiencies, supporting market share gains—Progressive is now the US’s second-largest personal auto insurer.
The company’s diversified portfolio spans autos, homeowners, and commercial lines, reducing risk concentration and capitalizing on secular growth opportunities in both individual and business customer segments.
Volume and Liquidity
Sustained high trading volume remains a clear signal of market confidence. With 2.47 million shares traded daily against a 3-month average of 3.23 million, liquidity is more than ample for both institutional and retail investors. The float stands at a robust 584.62 million shares, supporting dynamic price discovery and efficient execution. This liquidity profile is consistent with large-cap leadership names, making PGR attractive for a variety of portfolio strategies, including tax-advantaged and retirement accounts.
Elevated liquidity and a sizable float underpin a dynamic valuation environment: the market’s ability to rapidly re-rate the stock in response to new catalysts remains a distinctive strength, and a potential driver of future upside.
Catalysts and Positive Outlook
- Product Innovation: Ongoing enhancements to the Snapshot® telematics platform and expansion into next-generation insurance products.
- Operational Expansion: Progressive plans to hire over 12,000 employees in 2025, fueling further growth in underwriting, claims, and technology infrastructure.
- ESG Initiatives: Sharpened focus on environmental, social, and governance principles has strengthened Progressive’s reputation and attractiveness to institutional capital.
- Digital Transformation: The company’s deep investments in AI, data analytics, and user experience continue to support both top-line growth and operational efficiencies.
- Regulatory Landscape: A stable regulatory environment coupled with favorable demographic trends (rising millennial and Gen Z insurance demand) bodes well for further market share gains.
- Industry Tailwinds: Improving economic indicators, higher new car sales, and modest interest rate upticks create a supportive backdrop for premium growth, investment gains, and claims management.
Analyst consensus continues to trend favorably: with a price target of $293.65 (~5.8% implied upside) and the bulk of professional coverage rating the stock as Buy or Hold, sentiment toward Progressive remains distinctly bullish.
Investment Strategies
- Short-Term:
- Recent technical consolidation, coupled with robust support around $256–$260, offers a favorable risk/reward entry for tactical investors.
- With earnings momentum strong and a series of product rollouts expected, near-term rallies could test and potentially break key resistance at $298.
- Medium-Term:
- Continued premium growth, digital leadership, and operational scalability support valuation expansion over the next several quarters.
- Policy growth and retention rates suggest further margin improvement as Progressive increases share in both core and emerging lines.
- Long-Term:
- Progressive’s defensive sector profile, low beta (0.38), and growing dividends enhance the stock’s appeal for diversified, long-horizon portfolios.
- The company’s commitment to innovation and its proven management team arguably position it as a secular winner in property and casualty insurance.
For investors seeking optimal positioning, current levels reflect attractive value—particularly in light of recent sector rotation and a well-supported technical base. Entry ahead of upcoming catalysts or potential technical breakout may substantially improve forward returns.
Is It the Right Time to Buy Progressive Corporation?
In summary, Progressive Corporation stands out as a rare blend of consistent growth, disciplined profitability, and technological innovation in the property and casualty insurance space. Its robust premium growth, increasing policy base, and market-leading technology platforms reaffirm the fundamentals that justify renewed interest. Favorable technical signals, sustained liquidity, and a forward-looking management team give Progressive a compelling upside profile as we approach 2025. While short-term volatility is always possible, the overall risk/reward equation seems skewed to the upside. For investors seeking exposure to an industry leader with a proven record of navigating both cyclical and structural changes, Progressive Corporation appears to represent an excellent opportunity for thoughtful portfolio integration—potentially entering a new bullish phase driven by strong operational and strategic catalysts.
With a confluence of technical, fundamental, and sectoral tailwinds, Progressive Corporation commands attention as one of the most promising large-cap names in US financial services as we turn the corner into 2025.
How to buy Progressive Corporation stock in United States?
Buying shares in Progressive Corporation (NYSE: PGR) online is straightforward and secure when you use a regulated, US-based broker. Today’s platforms make it easy to access leading stocks – like Progressive – using two main methods: traditional spot buying, where you own the shares outright, or through CFDs (Contracts for Difference), which let you speculate on price movements with leverage. Each method has its advantages, costs, and risk levels. To help you choose the right broker for your needs, you’ll find a detailed broker comparison further down the page.
Spot buying
A cash purchase means you buy Progressive Corporation shares directly on the stock market, becoming a shareholder and eligible for dividends and voting rights. US brokers typically charge a fixed commission per trade, often around $0 to $7 per order, depending on the platform.
Example
If Progressive Corporation’s current share price is $277.66, a $1,000 investment (after a $5 brokerage fee) would allow you to buy approximately 3 shares ($995/$277.66 ≈ 3.58, rounded down to whole shares, so you own 3 full shares).
✔️ Gain scenario
If the share price climbs by 10%, your 3 shares are now worth $915.90 ($277.66 × 1.10 × 3). Result: +$91.59 gross gain, or +9.16% on your investment, excluding any future dividends.
Trading via CFD
CFD trading (Contract for Difference) lets you speculate on Progressive’s price without owning the actual shares. With CFDs, you can open both long (buy) or short (sell) positions, often using leverage. Instead of a fixed commission, you pay a spread (the difference between buy/sell price), plus overnight financing if you hold positions beyond market hours.
Example
You open a CFD position on Progressive Corporation stock with $1,000 and 5x leverage, giving you $5,000 market exposure.
✔️ Gain scenario
If PGR shares rise by 8%, your position gains 8% × 5 = 40%. Result: +$400 gain on your $1,000 invested capital (before deducting fees such as spread and financing charges).
Final advice
Before you invest, always compare brokerage fees, trading conditions, platform quality, and available services. The right choice comes down to your personal investment goals: if you plan to hold for the long term and earn dividends, spot buying may be ideal; if you prefer short-term trading and higher potential gains (with higher risk), CFDs might suit you. Our broker comparison lower on the page will help guide your decision. Remember, investing always involves risk, but with the right broker and clear strategy, buying Progressive Corporation stock online is more accessible than ever.
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With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5. In the event that you remain inactive for 12 months or more, a $10 monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
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Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step-by-step, ensuring you have permanent access to your funds. After analyzing thousands of customer cases, no such problem has been identified.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the AMF in France, as well as the FCA (UK), ASIC (Australia) and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognized for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5. In the event that you remain inactive for 12 months or more, a $10 monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step-by-step, ensuring you have permanent access to your funds. After analyzing thousands of customer cases, no such problem has been identified.
Is IG reliable?
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What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is it easy to withdraw money from IG?
Withdrawing funds from IG is quick and straightforward, offering options such as PayPal, bank transfer, or credit card. Processing times are usually 1 to 3 business days. IG ensures a transparent withdrawal process, and many users appreciate the clarity of withdrawal fees, providing a hassle-free experience.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is it easy to withdraw money from IG?
Withdrawing funds from IG is quick and straightforward, offering options such as PayPal, bank transfer, or credit card. Processing times are usually 1 to 3 business days. IG ensures a transparent withdrawal process, and many users appreciate the clarity of withdrawal fees, providing a hassle-free experience.
Is AvaTrade reliable?
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Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
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Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, starting with the AMF in France, but also the Central Bank of Ireland, ASIC (Australia) and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfer or electronic wallets. Everything is designed to offer you fast, clear and secure access.
Our 7 tips for buying Progressive Corporation stock
| Step | Specific tip for Progressive Corporation |
|---|---|
| Analyze the market | Assess Progressive’s sector leadership in property and casualty insurance and review key industry trends, such as digital transformation and regulatory changes in the U.S. |
| Choose the right trading platform | Use a reputable U.S. brokerage offering commission-free trades and direct NYSE access to efficiently purchase Progressive (PGR) shares. |
| Define your investment budget | Allocate an amount you’re comfortable with, considering Progressive’s $277+ share price and strong recent growth, while diversifying your portfolio. |
| Choose a strategy (short or long term) | Favor a long-term approach to benefit from Progressive's innovative growth, strong premium trends, and steady dividend yield. |
| Monitor news and financial results | Stay updated on Progressive’s quarterly earnings, policy growth, and combined ratio, as these are key drivers for stock performance. |
| Use risk management tools | Set stop-loss orders and consider trailing stops, given market shifts and insurance sector sensitivities, to help protect your investment in Progressive. |
| Sell at the right time | Aim to take profits when shares approach resistance points or the consensus price target, or when fundamentals or technical outlooks change for Progressive. |
The latest news about Progressive Corporation
Progressive Corporation reported a robust Q1 2025 with net premiums written rising 17% year-over-year and net income growing 10% year-over-year. This double-digit growth demonstrates ongoing strength in both personal and commercial insurance lines, underscoring Progressive's momentum in winning market share in the United States. The company's earnings per share climbed to $4.37, up 11% from the prior year’s quarter, and the key combined ratio—a vital measure of underwriting profitability—improved slightly to 86.0, reflecting disciplined risk management despite industry-wide claims inflation.
The company’s expansion in policies in force signals solid customer acquisition and retention within the U.S. market. As of March 31, 2025, Progressive’s total policies in force surged to 36.29 million, up 18% from a year ago. This includes sharp growth in personal lines (up 18%) and steady progress in commercial lines (up 6%). These figures highlight Progressive’s effective multi-channel distribution strategy and continued innovation in customer experience via digital technologies such as the Name Your Price® and Snapshot® offerings, further cementing its status as a leader among U.S. insurers.
Technical indicators currently support a neutral to bullish outlook for Progressive’s stock, with momentum building above key moving averages. The share price remains comfortably above its 20-day, 50-day, 100-day, and 200-day moving averages, and the MACD indicates a positive buy signal. While oscillators are generally neutral, the technical rating leans toward bullish—backed by strong signals from moving averages. This technical resilience, coupled with low stock volatility (beta of 0.38), positions PGR as an attractive holding for investors seeking both stability and modest growth in the American financial sector.
Progressive continues to strengthen its workforce and digital infrastructure in the U.S., advancing its competitive edge in technology-driven insurance underwriting. The company announced plans to hire over 12,000 employees in 2025 to sustain growth and service innovation. Investments in artificial intelligence, data analytics, and process automation are not only enhancing underwriting precision but also improving customer engagement and operational efficiency. Such initiatives underline Progressive’s commitment to long-term digital leadership and adaptability in an evolving U.S. regulatory and consumer landscape.
Wall Street retains a positive consensus on Progressive, with the average analyst price target indicating further upside and most recommendations rating the stock as Buy or Hold. Despite a short-term dip in March’s monthly net income, the consensus price target stands at $293.65—roughly 6% above the recent share price. Dividend payments remain consistent and appealing to U.S.-based investors, who benefit from favorable tax treatment. Overall, Progressive’s blend of market dominance, sustained financial performance, and commitment to digital innovation continues to earn strong support from the analyst community.
FAQ
What is the latest dividend for Progressive Corporation stock?
Progressive Corporation currently pays a forward annual dividend of $4.90 per share. The most recent ex-dividend date was April 3, 2025. At the current share price, this results in a yield of approximately 1.76%. Progressive has a strong track record of annual dividend growth, reflecting robust financial performance in the insurance industry.
What is the forecast for Progressive Corporation stock in 2025, 2026, and 2027?
Based on the present share price of $277.66, the projected price for Progressive Corporation is $360.96 by the end of 2025, $416.49 at the end of 2026, and $555.32 by the end of 2027. The insurance sector remains resilient with ongoing growth, and Progressive’s focus on technology and product expansion further enhances future potential.
Should I sell my Progressive Corporation shares?
Holding on to Progressive Corporation shares may be a prudent choice, as the company exhibits strong financials, a leading market position, and steady revenue growth. Progressive’s low beta and consistent dividend payments offer downside protection, and continued investments in digital platforms position the company for mid- to long-term growth. With solid fundamentals and positive analyst sentiment, keeping your position may benefit long-term investors.
How are dividends from Progressive Corporation stock taxed in the United States?
Dividends from Progressive Corporation paid to U.S. investors are usually qualified dividends, generally taxed at lower rates than ordinary income. Shares may be held in tax-advantaged accounts such as 401(k)s or IRAs, which can defer or potentially eliminate dividend tax. For investments in taxable accounts, investors should note annual IRS thresholds and reporting obligations.
What is the latest dividend for Progressive Corporation stock?
Progressive Corporation currently pays a forward annual dividend of $4.90 per share. The most recent ex-dividend date was April 3, 2025. At the current share price, this results in a yield of approximately 1.76%. Progressive has a strong track record of annual dividend growth, reflecting robust financial performance in the insurance industry.
What is the forecast for Progressive Corporation stock in 2025, 2026, and 2027?
Based on the present share price of $277.66, the projected price for Progressive Corporation is $360.96 by the end of 2025, $416.49 at the end of 2026, and $555.32 by the end of 2027. The insurance sector remains resilient with ongoing growth, and Progressive’s focus on technology and product expansion further enhances future potential.
Should I sell my Progressive Corporation shares?
Holding on to Progressive Corporation shares may be a prudent choice, as the company exhibits strong financials, a leading market position, and steady revenue growth. Progressive’s low beta and consistent dividend payments offer downside protection, and continued investments in digital platforms position the company for mid- to long-term growth. With solid fundamentals and positive analyst sentiment, keeping your position may benefit long-term investors.
How are dividends from Progressive Corporation stock taxed in the United States?
Dividends from Progressive Corporation paid to U.S. investors are usually qualified dividends, generally taxed at lower rates than ordinary income. Shares may be held in tax-advantaged accounts such as 401(k)s or IRAs, which can defer or potentially eliminate dividend tax. For investments in taxable accounts, investors should note annual IRS thresholds and reporting obligations.
