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NYSE: PGR
Progressive Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for PGR

Based on 12 analysts offering 12 month price targets for Progressive Corp.
Min Forecast
$112.00-30.51%
Avg Forecast
$157.08-2.54%
Max Forecast
$188.00+16.65%

Should I buy or sell PGR stock?

Based on 12 analysts offering ratings for Progressive Corp.
Hold
Strong Buy
3 analysts 25%
Buy
2 analysts 16.67%
Hold
5 analysts 41.67%
Sell
0 analysts 0%
Strong Sell
2 analysts 16.67%

Be the first to know when Wall Street analysts revise their PGR stock forecasts and price targets.

PGR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-11-20
lockedlocked$00.00+00.00%2023-11-20
lockedlocked$00.00+00.00%2023-11-20
lockedlocked$00.00+00.00%2023-11-20
lockedlocked$00.00+00.00%2023-11-07
BMO Capital
Bottom 18%
18
BuyUpgrades$180.00+11.68%2023-10-25
Wells Fargo
Top 3%
98
HoldMaintains$144.00-10.65%2023-10-17
Keefe, Bruyette & Woods
Top 9%
92
HoldMaintains$145.00-10.03%2023-10-17
Citigroup
Top 7%
94
HoldUpgrades$158.00-1.97%2023-10-17
Raymond James
Top 6%
95
BuyMaintains$165.00+2.38%2023-10-16

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Forecast return on equity

Is PGR forecast to generate an efficient return?
Company
N/A
Industry
1.93%
Market
39.07%

Forecast return on assets

Is PGR forecast to generate an efficient return on assets?
Company
N/A
Industry
0.38%

PGR revenue forecast

What is PGR's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$60.9B+3.75%
Avg 2 year Forecast
$69.0B+17.5%
Avg 3 year Forecast
$77.2B+31.48%
PGR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PGR earnings growth forecast

How is PGR forecast to perform vs Insurance - Property & Casualty companies and vs the US market?
Company
28.17%
Industry
7.29%
Market
21.56%
PGR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PGR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PGR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PGR revenue growth forecast

How is PGR forecast to perform vs Insurance - Property & Casualty companies and vs the US market?
Company
8.43%
Industry
5.45%
Market
6.64%
PGR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PGR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PGR vs Property & Casualty Insurance Stocks

TickerPricePrice TargetUp/downsideConsensus
PGR$161.17$157.08-2.54%Hold
CB$222.91$244.50+9.69%Buy
TRV$181.26$185.25+2.20%Hold
ALL$139.32$143.11+2.72%Strong Buy
WRB$71.33$73.50+3.04%Strong Buy
View Top Property & Casualty Insurance Stocks

Progressive Stock Forecast FAQ

Is Progressive Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: PGR) stock is to Hold PGR stock.

Out of 12 analysts, 3 (25%) are recommending PGR as a Strong Buy, 2 (16.67%) are recommending PGR as a Buy, 5 (41.67%) are recommending PGR as a Hold, 0 (0%) are recommending PGR as a Sell, and 2 (16.67%) are recommending PGR as a Strong Sell.

If you're new to stock investing, here's how to buy Progressive stock.

What is PGR's revenue growth forecast for 2023-2025?

(NYSE: PGR) Progressive's forecast annual revenue growth rate of 8.43% is forecast to beat the US Insurance - Property & Casualty industry's average forecast revenue growth rate of 5.45%, and it is also forecast to beat the US market's average forecast revenue growth rate of 6.64%.

Progressive's revenue in 2023 is $58,687,100,000.On average, 8 Wall Street analysts forecast PGR's revenue for 2023 to be $35,621,086,748,606, with the lowest PGR revenue forecast at $34,825,145,030,082, and the highest PGR revenue forecast at $35,950,061,686,062. On average, 8 Wall Street analysts forecast PGR's revenue for 2024 to be $40,341,350,066,999, with the lowest PGR revenue forecast at $37,751,519,646,896, and the highest PGR revenue forecast at $41,760,507,196,745.

In 2025, PGR is forecast to generate $45,144,205,365,357 in revenue, with the lowest revenue forecast at $41,024,238,480,654 and the highest revenue forecast at $48,006,911,150,344.

What is PGR's forecast return on assets (ROA) for 2023-2025?

(NYSE: PGR) forecast ROA is N/A, which is lower than the forecast US Insurance - Property & Casualty industry average of 0.38%.

What is PGR's Price Target?

According to 12 Wall Street analysts that have issued a 1 year PGR price target, the average PGR price target is $157.08, with the highest PGR stock price forecast at $188.00 and the lowest PGR stock price forecast at $112.00.

On average, Wall Street analysts predict that Progressive's share price could fall to $157.08 by Nov 20, 2024. The average Progressive stock price prediction forecasts a potential downside of 2.54% from the current PGR share price of $161.17.

What is PGR's forecast return on equity (ROE) for 2023-2025?

(NYSE: PGR) forecast ROE is N/A, which is considered weak.
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