Recent Research Analysts’ Ratings Updates for Progressive (PGR)
by Scott Moore · The Cerbat GemProgressive (NYSE: PGR) has recently received a number of price target changes and ratings updates:
- 12/23/2025 – Progressive had its price target raised by analysts at Wells Fargo & Company from $242.00 to $247.00. They now have an “equal weight” rating on the stock.
- 12/22/2025 – Progressive had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
- 12/19/2025 – Progressive had its price target lowered by analysts at Wells Fargo & Company from $247.00 to $242.00. They now have an “equal weight” rating on the stock.
- 12/19/2025 – Progressive had its “positive” rating reaffirmed by analysts at Wells Fargo & Company.
- 12/18/2025 – Progressive was downgraded by analysts at William Blair from an “outperform” rating to a “market perform” rating.
- 12/18/2025 – Progressive had its price target raised by analysts at Keefe, Bruyette & Woods from $246.00 to $250.00. They now have a “market perform” rating on the stock.
- 12/18/2025 – Progressive had its price target lowered by analysts at BMO Capital Markets from $256.00 to $253.00. They now have a “market perform” rating on the stock.
- 12/17/2025 – Progressive had its “hold” rating reaffirmed by analysts at Jefferies Financial Group Inc..
- 12/17/2025 – Progressive had its “underweight” rating reaffirmed by analysts at Morgan Stanley.
- 12/15/2025 – Progressive is now covered by analysts at Mizuho. They set a “neutral” rating and a $242.00 price target on the stock.
- 12/15/2025 – Progressive had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
- 12/15/2025 – Progressive was upgraded by analysts at Mizuho to a “hold” rating.
- 12/15/2025 – Progressive had its price target lowered by analysts at Citigroup Inc. from $301.38 to $300.60. They now have a “buy” rating on the stock.
- 12/9/2025 – Progressive was given a new $256.00 price target on by analysts at BMO Capital Markets.
- 12/9/2025 – Progressive had its price target lowered by analysts at Bank of America Corporation from $350.00 to $348.00. They now have a “buy” rating on the stock.
- 12/8/2025 – Progressive had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
- 12/8/2025 – Progressive had its price target lowered by analysts at BMO Capital Markets from $260.00 to $256.00. They now have a “market perform” rating on the stock.
- 12/2/2025 – Progressive had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
- 11/26/2025 – Progressive had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
- 11/21/2025 – Progressive had its price target raised by analysts at BMO Capital Markets from $247.00 to $260.00. They now have a “market perform” rating on the stock.
- 11/20/2025 – Progressive had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
- 11/20/2025 – Progressive had its price target raised by analysts at Wells Fargo & Company from $246.00 to $247.00. They now have an “equal weight” rating on the stock.
- 11/19/2025 – Progressive had its price target lowered by analysts at Bank of America Corporation from $351.00 to $346.00. They now have a “buy” rating on the stock.
- 11/17/2025 – Progressive was given a new $259.00 price target on by analysts at HSBC Holdings plc. They now have an “underperform” rating on the stock.
- 11/17/2025 – Progressive was upgraded by analysts at Hsbc Global Res from a “hold” rating to a “strong-buy” rating.
- 11/14/2025 – Progressive was downgraded by analysts at Weiss Ratings from a “buy (b-)” rating to a “hold (c+)” rating.
- 11/14/2025 – Progressive was downgraded by analysts at Jefferies Financial Group Inc. from a “buy” rating to a “hold” rating. They now have a $232.00 price target on the stock, down previously from $261.00.
- 11/5/2025 – Progressive had its price target lowered by analysts at Keefe, Bruyette & Woods from $262.00 to $246.00. They now have a “market perform” rating on the stock.
- 11/3/2025 – Progressive had its “market perform” rating reaffirmed by analysts at BMO Capital Markets.
- 10/31/2025 – Progressive had its “buy (b-)” rating reaffirmed by analysts at Weiss Ratings.
- 10/27/2025 – Progressive had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $276.00 to $245.00. They now have a “buy” rating on the stock.
Progressive Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Friday, January 2nd will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, January 2nd. Progressive’s payout ratio is currently 2.19%.
Insider Transactions at Progressive
In other news, insider Steven Broz sold 1,345 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $228.29, for a total transaction of $307,050.05. Following the sale, the insider owned 27,698 shares in the company, valued at $6,323,176.42. This represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO John P. Sauerland sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $228.48, for a total transaction of $1,142,400.00. Following the completion of the transaction, the chief financial officer owned 223,024 shares of the company’s stock, valued at approximately $50,956,523.52. The trade was a 2.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 9,034 shares of company stock worth $2,047,481. 0.34% of the stock is currently owned by company insiders.
Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders.
The company distributes its products through a mix of direct channels—online and by phone—and an extensive independent agent network.