15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 17 firms covering Progressive Corp, 6 rate it Buy or better, 10 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets span $200.00 to $308.00, a moderate spread. The average target of $234.57 sits 9% above the current $215.24. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $4.19 next quarter toward $16.29 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS17 ratings
Moderate Buy
Strong Buy00%
Buy635%
Hold1059%
Sell16%
Strong Sell00%
Based on 17 analysts giving stock ratings to Progressive Corp.
As of Sep, 6 of 16 firms rate PGR a Buy (9 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
PGR EPS & revenue forecast
EPS · NEXT QUARTER
$4.19
Range $3.45 – $5.13 · 19 analysts · -10% YoY
Next period, 19 analysts expect Progressive Corp to earn $4.19 a share (range $3.45 – $5.13), versus $4.67 a year earlier. Full-year consensus is $17.97, growing to $16.29 the year after.
REVENUE · NEXT QUARTER
$20.3B
Range $20.0B – $20.7B · 19 analysts · +4% YoY
Revenue is expected to reach $20.3B (range $20.0B – $20.7B), +4.3% year-over-year. Full-year consensus is $87.3B, rising to $92.5B 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 #48
Buy
$246.00+14.3% to target
Overall win rate
53%
+ Follow
#2
Elyse Greenspan
Wells Fargo · Rank #63
Sell
$201.00-6.6% to target
Overall win rate
57%
+ Follow
#3
Meyer Shields
Keefe, Bruyette & Woods · Rank #254
Buy
$250.00+16.1% to target
Overall win rate
40%
+ Follow
#4
C. Gregory Peters
Raymond James · Rank #260
Buy
$245.00+13.8% to target
Overall win rate
45%
+ Follow
#5
Paul Newsome
Piper Sandler · Rank #267
Buy
$241.00+12.0% to target
Overall win rate
47%
+ Follow
PGR stock forecast FAQ
What is PGR's average 12-month price target?+
The 14 analysts with a live target average $234.57 for Progressive Corp over the next 12 months, ranging from a $308.00 high to a $200.00 low.
Is PGR stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 17 analyst ratings, 6 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 $200.00 (Cantor Fitzgerald). The average of all 14 active targets is $234.57.
How many Wall Street analysts cover PGR?+
17 analysts have an active rating on Progressive Corp, and 14 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 #48). Their current call is Buy with a $246.00 target.
What is Progressive Corp's projected EPS for next quarter?+
The consensus estimate is $4.19 per share (range $3.45 – $5.13) across 19 analysts. Full-year EPS is projected at $17.97, rising to $16.29 the following year.
How much revenue is Progressive Corp expected to report next quarter?+
Consensus revenue is $20.3B (range $20.0B – $20.7B). Full-year revenue is projected at $87.3B, growing to $92.5B next year.
Have analysts been upgrading or downgrading PGR lately?+
As of Sep, 6 of 16 firms rate PGR a Buy (9 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.
