Progressive (PGR) – Research Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Progressive (NYSE: PGR) recently:

• 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.
• 6/30/2026 – Progressive had its price target raised by UBS Group AG from $220.00 to $230.00. They now have a “neutral” rating on the stock.
• 6/29/2026 – Progressive was downgraded by Wells Fargo & Company from “equal weight” to “underweight”. They now have a $205.00 price target on the stock.
• 6/18/2026 – Progressive had its price target lowered by Wells Fargo & Company from $222.00 to $219.00. They now have an “equal weight” rating on the stock.
• 6/18/2026 – Progressive had its price target raised by Keefe, Bruyette & Woods from $208.00 to $210.00. They now have a “market perform” rating on the stock.
• 6/18/2026 – Progressive had its price target lowered by Bank of America Corporation from $331.00 to $313.00. They now have a “buy” rating on the stock.
• 5/22/2026 – Progressive was given a new $208.00 price target by Royal Bank Of Canada.
• 5/22/2026 – Progressive had its “market perform” rating reaffirmed by Keefe, Bruyette & Woods.
• 5/21/2026 – Progressive had its price target raised by Wells Fargo & Company from $218.00 to $222.00. They now have an “equal weight” rating on the stock.
• 5/20/2026 – Progressive had its price target lowered by Bank of America Corporation from $325.00 to $320.00. They now have a “buy” rating on the stock.
• 5/20/2026 – Progressive had its “market perform” rating reaffirmed by BMO Capital Markets. They now have a $220.00 price target on the stock.

Progressive Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, July 2nd. Progressive’s payout ratio is presently 2.03%.

Insiders Place Their Bets

In other Progressive news, insider John Jo Murphy sold 5,916 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $200.00, for a total transaction of $1,183,200.00. Following the sale, the insider directly owned 41,290 shares in the company, valued at $8,258,000. This represents a 12.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven Broz sold 1,157 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $204.76, for a total value of $236,907.32. Following the completion of the sale, the insider directly owned 27,511 shares of the company’s stock, valued at $5,633,152.36. The trade was a 4.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 15,230 shares of company stock valued at $3,165,817 over the last ninety days. 0.32% of the stock is owned by insiders.

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.