15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 16 firms covering Progressive Corp, 5 rate it Buy or better, 10 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets span $198.00 to $308.00, a moderate spread. The average target of $235.54 sits 7% above the current $219.72. The rating mix has stayed broadly stable, with Buy-side ratings easing from 6 to 5 over recent months. On the fundamentals, the Street sees consensus EPS building from about $4.12 next quarter toward $16.26 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS16 ratings
Moderate Buy
Strong Buy00%
Buy531%
Hold1063%
Sell16%
Strong Sell00%
Based on 16 analysts giving stock ratings to Progressive Corp.
As of Jul, 5 of 16 firms rate PGR a Buy (10 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
PGR EPS & revenue forecast
EPS · NEXT QUARTER
$4.12
Range $3.35 – $5.13 · 20 analysts · -12% YoY
Next period, 20 analysts expect Progressive Corp to earn $4.12 a share (range $3.35 – $5.13), versus $4.67 a year earlier. Full-year consensus is $17.60, growing to $16.26 the year after.
REVENUE · NEXT QUARTER
$20.4B
Range $20.0B – $21.1B · 20 analysts · +5% YoY
Revenue is expected to reach $20.4B (range $20.0B – $21.1B), +4.6% year-over-year. Full-year consensus is $87.4B, rising to $93.1B next year.
Top analysts covering Progressive Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on PGR.
#1
Alex Scott
Barclays · Rank #40
Buy
$246.00+12.0% to target
Overall win rate
52%
+ Follow
#2
Elyse Greenspan
Wells Fargo · Rank #44
Sell
$198.00-9.9% to target
Overall win rate
56%
+ Follow
#3
C. Gregory Peters
Raymond James · Rank #202
Buy
$245.00+11.5% to target
Overall win rate
45%
+ Follow
#4
Meyer Shields
Keefe, Bruyette & Woods · Rank #213
Hold
$226.00+2.9% to target
Overall win rate
39%
+ Follow
#5
Paul Newsome
Piper Sandler · Rank #252
Buy
$242.00+10.1% to target
Overall win rate
45%
+ Follow
PGR stock forecast FAQ
What is PGR's average 12-month price target?+
The 13 analysts with a live target average $235.54 for Progressive Corp over the next 12 months, ranging from a $308.00 high to a $198.00 low.
Is PGR stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 16 analyst ratings, 5 are Buy or Strong Buy, 10 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for PGR?+
The Street-high target is $308.00 (B of A Securities), and the Street-low is $198.00 (Wells Fargo). The average of all 13 active targets is $235.54.
How many Wall Street analysts cover PGR?+
16 analysts have an active rating on Progressive Corp, and 13 firms carry a live 12-month price target.
Who is the most accurate analyst covering PGR?+
Among analysts who currently cover PGR, Alex Scott of Barclays has the strongest overall Quantellect track record (Rank #40). Their current call is Buy with a $246.00 target.
What is Progressive Corp's projected EPS for next quarter?+
The consensus estimate is $4.12 per share (range $3.35 – $5.13) across 20 analysts. Full-year EPS is projected at $17.60, rising to $16.26 the following year.
How much revenue is Progressive Corp expected to report next quarter?+
Consensus revenue is $20.4B (range $20.0B – $21.1B). Full-year revenue is projected at $87.4B, growing to $93.1B next year.
Have analysts been upgrading or downgrading PGR lately?+
As of Jul, 5 of 16 firms rate PGR a Buy (10 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their PGR calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
