Investment Analysts’ Weekly Ratings Updates for Progressive (PGR)

Progressive (NYSE: PGR) recently received a number of ratings updates from brokerages and research firms:

• 3/25/2026 – Progressive had its price target lowered by Bank of America Corporation from $305.00 to $295.00. They now have a “buy” rating on the stock.
• 3/24/2026 – Progressive had its price target lowered by Jefferies Financial Group Inc. from $216.00 to $215.00. They now have a “hold” rating on the stock.
• 3/23/2026 – Progressive had its price target raised by UBS Group AG from $218.00 to $220.00. They now have a “neutral” rating on the stock.
• 3/20/2026 – Progressive had its price target lowered by Mizuho from $235.00 to $223.00. They now have a “neutral” rating on the stock.
• 3/19/2026 – Progressive had its price target lowered by Bank of America Corporation from $308.00 to $305.00. They now have a “buy” rating on the stock.
• 3/19/2026 – Progressive had its price target lowered by Keefe, Bruyette & Woods from $232.00 to $227.00. They now have a “market perform” rating on the stock.
• 3/19/2026 – Progressive had its price target raised by Wells Fargo & Company from $214.00 to $217.00. They now have an “equal weight” rating on the stock.
• 3/18/2026 – Progressive was given a new $247.00 price target by Barclays PLC.
• 3/18/2026 – Progressive had its “negative” rating reaffirmed by Evercore Inc.
• 3/18/2026 – Progressive was downgraded by Barclays PLC from “strong-buy” to “hold”.
• 3/11/2026 – Progressive had its price target lowered by BMO Capital Markets from $232.00 to $208.00. They now have a “market perform” rating on the stock.
• 3/10/2026 – Progressive had its price target lowered by Bank of America Corporation from $315.00 to $308.00. They now have a “buy” rating on the stock.
• 3/5/2026 – Progressive was upgraded by Argus to “hold”.
• 3/2/2026 – Progressive had its “overweight” rating reaffirmed by Piper Sandler. They now have a $259.00 price target on the stock.
• 2/24/2026 – Progressive was upgraded by Zacks Research from “strong sell” to “hold”.
• 2/23/2026 – Progressive had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $225.00 price target on the stock.
• 2/23/2026 – Progressive had its price target lowered by UBS Group AG from $226.00 to $218.00. They now have a “neutral” rating on the stock.
• 2/19/2026 – Progressive was given a new $230.00 price target by Evercore Inc.
• 2/19/2026 – Progressive was given a new $235.00 price target by Roth Mkm.
• 2/19/2026 – Progressive had its price target lowered by Wells Fargo & Company from $220.00 to $214.00. They now have an “equal weight” rating on the stock.
• 2/19/2026 – Progressive had its price target raised by Keefe, Bruyette & Woods from $225.00 to $232.00. They now have a “market perform” rating on the stock.
• 2/11/2026 – Progressive was given a new $216.00 price target by Jefferies Financial Group Inc..
• 2/11/2026 – Progressive had its “hold” rating reaffirmed by Jefferies Financial Group Inc..
• 2/3/2026 – Progressive had its price target lowered by Citigroup Inc. from $300.60 to $261.00. They now have a “buy” rating on the stock.
• 2/2/2026 – Progressive was given a new $226.00 price target by UBS Group AG.
• 1/30/2026 – Progressive had its price target lowered by Keefe, Bruyette & Woods from $252.00 to $225.00. They now have a “market perform” rating on the stock.
• 1/29/2026 – Progressive had its price target lowered by Wells Fargo & Company from $240.00 to $220.00. They now have an “equal weight” rating on the stock.
• 1/29/2026 – Progressive had its price target lowered by BMO Capital Markets from $239.00 to $232.00. They now have a “market perform” rating on the stock.
• 1/28/2026 – Progressive had its price target lowered by Morgan Stanley from $214.00 to $205.00. They now have an “underweight” rating on the stock.
• 1/26/2026 – Progressive was downgraded by Zacks Research from “hold” to “strong sell”.

Progressive Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Thursday, April 2nd will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. Progressive’s dividend payout ratio (DPR) is currently 2.08%.

Insider Buying and Selling at Progressive

In other news, insider Andrew J. Quigg sold 1,649 shares of Progressive stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $204.35, for a total value of $336,973.15. Following the completion of the transaction, the insider owned 39,626 shares of the company’s stock, valued at $8,097,573.10. This trade represents a 4.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Karen Bailo sold 3,517 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $212.00, for a total transaction of $745,604.00. Following the completion of the sale, the insider directly owned 32,348 shares in the company, valued at approximately $6,857,776. The trade was a 9.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 11,687 shares of company stock valued at $2,413,044 in the last 90 days. Company insiders own 0.34% 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.