PGR
Progressive (Ohi (PGR)
NYSE
$228.07+$6.72 (+3.03%)
Price as of Oct 22, 2026 7:46 PM EDT
  • $128.5B
    Market Cap
  • 5.89%
    1-Year Change
  • Insurance - Property & Casualty
    Industry

Key Performance

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  • Earnings Score: 61
  • Momentum Score: 29
  • True Yield: N/A
  • Financial Health Score: 33
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Latest Research & News

Progressive Stock Has Turned $10,000 Into More Than $90,000 in 10 Years

Progressive, the leading U.S. auto insurer, has delivered exceptional returns over the past decade, turning $10,000 into $90,000—double the S&P 500's performance. Despite a recent 7% stock decline following Q3 earnings due to slowed growth and profitability concerns, the company maintains strong fundamentals with a 87.4% combined ratio and trades below its 10-year valuation averages, potentially presenting a buying opportunity for value-conscious investors.

10/15/2026, 10:28 AM • The Motley Fool

Leading Wexford Commercial Insurance Agency Stephany Insurance Highlighted in New Guide on Choosing Small Business Insurance Coverage in Pennsylvania

Stephany Insurance LLC, a fourth-generation independent Erie Insurance agency in Wexford, Pennsylvania, is featured in a new guide on small business insurance coverage. The guide highlights common coverage gaps among Pennsylvania small businesses, including workers' compensation requirements, commercial auto coverage for employee vehicles, and professional liability. Pennsylvania business owners are increasingly facing rising insurance premiums, with 13% citing insurance cost or availability as their most important business problem in January 2026. Stephany Insurance provides access to multiple carriers including Erie Insurance, Progressive, and Foremost across seven states.

10/14/2026, 5:35 PM • GlobeNewswire

If a Stock Market Crash Is Coming, History Says These Are the 3 Financial Stocks to Buy

With market valuations at levels not seen since the dot-com bubble and multiple economic headwinds present, the article recommends three financial stocks as defensive positions: Berkshire Hathaway for its massive cash reserves, Realty Income for its reliable dividend history through market downturns, and Progressive for its essential insurance business and bond-heavy portfolio.

10/04/2026, 6:15 PM • The Motley Fool

2 Insurance Stocks to Buy With Dividend Streaks Longer Than 50 Years

Cincinnati Financial and RLI are highlighted as Dividend Kings with 66 and 51 years of consecutive annual dividend increases, respectively. Cincinnati Financial offers a 2.3% yield but has higher equity exposure (40%) making it vulnerable in bear markets. RLI, with a 1.3% yield and 20% equity exposure, appears more attractively valued at a P/B ratio of 2.9x versus its 5-year average of 4x, and has a history of substantial special dividends.

10/02/2026, 9:15 PM • The Motley Fool

Is Progressive Stock a Buy, Sell, or Hold About 10% Below Its 52-Week High?

Progressive is a well-run property and casualty insurer with strong underwriting metrics (87.3% combined ratio), but recent pullbacks of 10% from its 52-week high and 25% from 2025's peak haven't made it cheap enough for value investors. Valuation metrics are mixed: the P/E ratio of 11.1x is reasonable compared to the industry average of 11.8x, but the P/S ratio and P/B ratio suggest fair-to-slightly elevated pricing. The stock is recommended as a hold for current owners satisfied with performance, while value investors should wait for more attractive entry points.

09/17/2026, 10:15 PM • The Motley Fool

Insurers Are Buying Back More Stock as Pricing Softens

Major property and casualty insurers Progressive, Chubb, and Prudential are executing significant stock buybacks as insurance pricing becomes more competitive. Global insurance rates fell 6% in Q2 2026, with property rates dropping 12%, pressuring profitability. Stock buybacks help offset earnings weakness by reducing share counts, allowing earnings per share to remain stable even as underlying business performance weakens.

09/02/2026, 10:15 PM • The Motley Fool

Progressive's Combined Ratio Widened to 87.1 Last Quarter. What That Says About the Growth Machine.

Progressive's combined ratio deteriorated to 87.3 in Q2 2026 from 86.2 a year earlier, suggesting the company may be accepting less profitable business to maintain growth. Premium growth slowed to 6% in H1 2026 from 15% in H1 2025. While still performing well and below the company's 96 target, the trend indicates management is making trade-offs between profitability and expansion to leverage its $97 billion investment portfolio.

08/08/2026, 2:15 PM • The Motley Fool

Why Insurance Stocks Can Be Some of the Market's Best Long-Term Compounders

Insurance companies can be powerful long-term compounders due to their ability to invest the float—premiums collected before claims are paid out. Different insurers take varying approaches: aggressive investors like Berkshire Hathaway invest heavily in stocks and acquire companies, while conservative insurers like Progressive focus on bonds for stable income. Cincinnati Financial offers a middle ground with ~39% equity exposure and a 50+ year dividend increase streak.

07/27/2026, 9:15 PM • The Motley Fool

Progressive Announces Investor Relations Event

The Progressive Corporation will host an Investor Relations event on August 4, 2026, featuring a 45-minute presentation on its Robinsons consumer segment followed by a Q&A session with CEO Tricia Griffith and CFO Andrew Quigg. The company will file its Quarterly Report on Form 10-Q on August 3, 2026.

07/24/2026, 8:37 AM • GlobeNewswire

Winnebago and Progressive Insurance® team up to elevate the RV ownership experience

Winnebago and Progressive Insurance announced a strategic partnership to enhance the RV ownership experience by combining premium recreational vehicles with tailored insurance solutions. The collaboration includes coordinated marketing efforts and experiential activations designed to simplify the RV ownership journey and provide customers with greater confidence and peace of mind.

07/21/2026, 3:50 PM • GlobeNewswire

Stock Market Today, July 17: Stocks Slide as Semiconductor Rout Deepens

Major stock indices declined on July 17, 2026, as a semiconductor sell-off deepened amid geopolitical tensions and concerns about AI spending sustainability. The Nasdaq fell 1.40%, S&P 500 dropped 1.01%, and Dow Jones slipped 0.77%. Travelers Companies surged 9% on strong earnings, while chip stocks including Nvidia, AMD, and Intel tumbled. The PHLX Semiconductor Index has fallen over 13% in the past month despite being up 63% year-to-date.

07/17/2026, 5:13 PM • The Motley Fool

Progressive's Underwriting Is Only Half the Story. Higher Rates Power the Rest.

Progressive's profitability extends beyond its strong underwriting performance (86% combined ratio) to its $94 billion investment float. With $1 billion in quarterly investment income from fixed-income securities and potential interest rate increases ahead, the float could become an increasingly significant profit driver for the insurance company.

07/01/2026, 3:15 PM • The Motley Fool

I Wouldn't Bet Against This Financial Stock in a Recession.

Progressive is well-positioned to weather a recession due to its mandatory auto insurance business model, $96 billion investment portfolio (90%+ in bonds), and strong cash generation. A bear market could actually present opportunities for the company to shift investments toward stocks for greater upside when the bull market returns.

06/28/2026, 4:15 PM • The Motley Fool

Progressive Keeps Beating the Insurance Industry at Its Own Game. Can It Last?

Progressive reported strong Q1 2026 results with 13.6% underwriting margins and 9% policy growth, but momentum is slowing. April 2026 financials showed a concerning margin decline to 9.8%, suggesting the company is prioritizing growth over profitability in a softening insurance market. With earnings forecasts declining and shares trading at a premium valuation, investors may want to wait for clearer signs of recovery.

06/15/2026, 2:30 AM • The Motley Fool

How Insurance Companies Turn Their Premiums Into Billions in Profit

Insurance companies generate billions in profits by investing customer premiums (known as 'float') before paying out claims. While aggressive investors like Berkshire Hathaway use this strategy to invest in stocks and companies, most insurers take conservative approaches. Progressive generated nearly $1 billion in investment income in Q1 2026 alone. However, this strategy carries risks during bear markets when investment values decline, making insurance stocks volatile during market downturns.

06/13/2026, 7:15 PM • The Motley Fool

Peers

Statistics

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Day Range
$219.59
$222.98
$221.35
1-Year Range
$190.40
$236.36
$221.35
Latest Close$221.35
Change
-$0.58 (-0.26%)
Volume2,286,560
Market Cap$128.5B
Shares Outstanding580.4M
P/E (TTM)11.11
Diluted EPS (TTM)$19.92
Enterprise Value$137.2B

Information as of 10/21/2026

Company Profile

$128.5B
Market Cap
$11.7B
Net Income
Sector: Financial Services
Industry: Insurance - Property & Casualty
300 North Commons Blvd., Mayfield, OH, United States, 44143
440 461 5000

The Progressive Corporation operates as an insurance company in the United States. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. The company also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers' compensation insurance for the transportation industry. In addition, it offers other specialty property-casualty insurance and provides related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

Key Executives

  • Susan Patricia Griffith
  • Andrew John Quigg
  • Patrick K. Callahan
  • Karen Barone Bailo
  • John Joseph Murphy

Current Ownership Distribution

  • Institutions9.4B (71.21%)
  • Mutual Funds3.8B (28.44%)
  • Insiders45.6M (0.35%)
  • Other0 (0.00%)