- Investing.com
Capital Returns | Anticipated special dividend of $6 per share in January 2026 alongside $520 million in share repurchases demonstrates strong cash generation capabilities |
Innovation Strategy | Discover how Progressive leverages telematics, usage-based insurance, and product bundling to differentiate beyond price and capture preferred customer segments |
Price Targets | Analyst price targets range from $232 to $265, averaging approximately $243, reflecting varied perspectives on valuation amid changing competitive dynamics |
Market Transition | Progressive navigates shift from favorable hard market to competitive soft market, with analysts projecting margin compression despite industry-leading profitability |
Metrics to compare | PGR | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipPGRPeersSector | |
|---|---|---|---|---|
P/E Ratio | 10.9x | 12.2x | 9.9x | |
PEG Ratio | 0.33 | −1.13 | 0.03 | |
Price / Book | 3.9x | 1.9x | 1.0x | |
Price / LTM Sales | 1.4x | 0.9x | 2.9x | |
Upside (Analyst Target) | 2.0% | 0.0% | 15.4% | |
Fair Value Upside | Unlock | −3.3% | 2.8% | Unlock |
The Progressive Corporation operates as an insurance company in the United States. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. The company also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers’ compensation insurance for the transportation industry. In addition, it offers other specialty property-casualty insurance and provides related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.