What is Roth Capital’s Forecast for Progressive Q2 Earnings?

The Progressive Co. (NYSE:PGR) – Research analysts at Roth Capital increased their Q2 2025 earnings per share estimates for shares of Progressive in a note issued to investors on Tuesday, April 22nd. Roth Capital analyst H. Fong now expects that the insurance provider will earn $3.22 per share for the quarter, up from their previous estimate of $3.16. The consensus estimate for Progressive’s current full-year earnings is $14.68 per share. Roth Capital also issued estimates for Progressive’s Q3 2025 earnings at $3.48 EPS, FY2025 earnings at $15.10 EPS, Q1 2026 earnings at $3.61 EPS, Q2 2026 earnings at $3.61 EPS, Q3 2026 earnings at $3.76 EPS and FY2026 earnings at $14.80 EPS.

PGR has been the subject of several other reports. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $288.00 target price on shares of Progressive in a research note on Thursday, April 17th. Bank of America boosted their target price on shares of Progressive from $289.00 to $297.00 and gave the stock a “neutral” rating in a research note on Thursday, April 17th. BMO Capital Markets raised their price target on shares of Progressive from $282.00 to $288.00 and gave the company an “outperform” rating in a research note on Thursday, April 17th. Raymond James upgraded Progressive from a “market perform” rating to an “outperform” rating and set a $305.00 price objective for the company in a research note on Thursday, December 26th. Finally, Roth Mkm raised their target price on Progressive from $290.00 to $315.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $285.76.

Progressive Stock Up 0.1 %

Shares of PGR opened at $265.19 on Wednesday. The stock’s 50-day moving average price is $274.09 and its 200-day moving average price is $258.15. The company has a quick ratio of 0.30, a current ratio of 0.31 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $155.46 billion, a price-to-earnings ratio of 18.42, a PEG ratio of 1.70 and a beta of 0.38. Progressive has a 52 week low of $201.34 and a 52 week high of $292.99.

Progressive (NYSE:PGR) last announced its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $4.65 EPS for the quarter, beating the consensus estimate of $4.28 by $0.37. Progressive had a net margin of 11.25% and a return on equity of 33.79%. The firm had revenue of $22.21 billion during the quarter, compared to analyst estimates of $21.87 billion.

Progressive Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Thursday, April 3rd were given a dividend of $0.10 per share. The ex-dividend date was Thursday, April 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.15%. Progressive’s payout ratio is currently 2.70%.

Insider Activity at Progressive

In other news, insider Patrick K. Callahan sold 4,669 shares of Progressive stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $279.70, for a total value of $1,305,919.30. Following the completion of the transaction, the insider now owns 15,191 shares in the company, valued at approximately $4,248,922.70. This trade represents a 23.51 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lori A. Niederst sold 3,855 shares of Progressive stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $247.06, for a total transaction of $952,416.30. Following the completion of the transaction, the insider now directly owns 39,040 shares of the company’s stock, valued at approximately $9,645,222.40. This represents a 8.99 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 43,749 shares of company stock valued at $11,786,613. Corporate insiders own 0.33% of the company’s stock.

Institutional Investors Weigh In On Progressive

Several large investors have recently made changes to their positions in PGR. Integrated Advisors Network LLC increased its stake in shares of Progressive by 1.0% during the first quarter. Integrated Advisors Network LLC now owns 3,808 shares of the insurance provider’s stock valued at $1,078,000 after acquiring an additional 36 shares during the period. Pines Wealth Management LLC increased its position in shares of Progressive by 3.0% during the 1st quarter. Pines Wealth Management LLC now owns 1,287 shares of the insurance provider’s stock valued at $335,000 after purchasing an additional 37 shares during the period. Contravisory Investment Management Inc. raised its stake in shares of Progressive by 2.0% in the 1st quarter. Contravisory Investment Management Inc. now owns 1,940 shares of the insurance provider’s stock worth $549,000 after buying an additional 38 shares in the last quarter. Beacon Financial Group raised its stake in shares of Progressive by 1.1% in the 1st quarter. Beacon Financial Group now owns 3,659 shares of the insurance provider’s stock worth $1,036,000 after buying an additional 39 shares in the last quarter. Finally, Kesler Norman & Wride LLC lifted its holdings in shares of Progressive by 1.1% in the fourth quarter. Kesler Norman & Wride LLC now owns 3,695 shares of the insurance provider’s stock valued at $885,000 after buying an additional 40 shares during the period. Institutional investors and hedge funds own 85.34% of the company’s stock.

Progressive Company Profile

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property.