Progressive (PGR) – Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Progressive (NYSE: PGR):

• 8/28/2026 – Progressive was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 8/27/2026 – Progressive had its price target raised by UBS Group AG from $225.00 to $234.00. They now have a “neutral” rating on the stock.
• 8/20/2026 – Progressive had its “buy” rating reaffirmed by Roth Capital. They now have a $245.00 price target on the stock.
• 8/20/2026 – Progressive had its price target raised by Wells Fargo & Company from $198.00 to $201.00. They now have an “underweight” rating on the stock.
• 8/20/2026 – Progressive was upgraded by Keefe, Bruyette & Woods from “market perform” to “outperform”. They now have a $250.00 price target on the stock, up from $226.00.
• 8/19/2026 – Progressive had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $230.00 price target on the stock.
• 8/19/2026 – Progressive had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $228.00 price target on the stock.
• 8/19/2026 – Progressive had its “market perform” rating reaffirmed by BMO Capital Markets.
• 8/17/2026 – Progressive had its price target lowered by Cantor Fitzgerald from $220.00 to $200.00. They now have a “neutral” rating on the stock.
• 8/5/2026 – Progressive was given a new $236.00 price target by Mizuho.
• 8/4/2026 – Progressive had its price target lowered by JPMorgan Chase & Co. from $250.00 to $241.00. They now have a “neutral” rating on the stock.
• 8/3/2026 – Progressive had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 7/24/2026 – Progressive was upgraded by Morgan Stanley from “underweight” to “equal weight”. They now have a $210.00 price target on the stock, up from $190.00.
• 7/16/2026 – Progressive had its price target lowered by Wells Fargo & Company from $205.00 to $198.00. They now have an “underweight” rating on the stock.
• 7/16/2026 – Progressive had its price target lowered by Bank of America Corporation from $313.00 to $308.00. They now have a “buy” rating on the stock.
• 7/16/2026 – Progressive had its price target lowered by BMO Capital Markets from $220.00 to $205.00. They now have a “market perform” rating on the stock.
• 7/16/2026 – Progressive had its price target lowered by Keefe, Bruyette & Woods from $231.00 to $226.00. They now have a “market perform” rating on the stock.
• 7/15/2026 – Progressive had its “market perform” rating reaffirmed by William Blair.
• 7/14/2026 – Progressive had its “neutral” rating reaffirmed by JPMorgan Chase & Co.. They now have a $250.00 price target on the stock.
• 7/10/2026 – Progressive was given a new $240.00 price target by Evercore Inc.
• 7/9/2026 – Progressive had its price target raised by Mizuho from $217.00 to $243.00. They now have a “neutral” rating on the stock.
• 7/8/2026 – Progressive had its price target raised by Keefe, Bruyette & Woods from $210.00 to $231.00. They now have a “market perform” rating on the stock.
• 7/6/2026 – Progressive had its price target raised by HSBC Holdings plc from $214.00 to $221.00. They now have a “hold” rating on the stock.

Progressive Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Thursday, October 1st will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Thursday, October 1st. Progressive’s payout ratio is 2.01%.

Insider Buying and Selling at Progressive

In other Progressive news, insider Lori A. Niederst sold 7,339 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $209.29, for a total value of $1,535,979.31. Following the completion of the sale, the insider owned 42,567 shares of the company’s stock, valued at approximately $8,908,847.43. This trade represents a 14.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Andrew J. Quigg sold 3,499 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $220.00, for a total value of $769,780.00. Following the completion of the sale, the chief financial officer directly owned 42,595 shares of the company’s stock, valued at approximately $9,370,900. This trade represents a 7.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 83,449 shares of company stock worth $17,685,203 over the last quarter. Insiders own 0.32% of the company’s stock.

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.