The Progressive Corporation (<a>NYSE:PGR</a> – <a>Free Report</a>) – Investment analysts at William Blair raised their Q3 2025 earnings per share estimates for shares of Progressive in a research note issued to investors on Wednesday, July 23rd. William Blair analyst A. Klauber now anticipates that the insurance provider will post earnings of $3.74 per share for the quarter, up from their previous estimate of $3.73. The consensus estimate for Progressive’s current full-year earnings is $14.68 per share. William Blair also issued estimates for Progressive’s FY2025 earnings at $17.38 EPS, Q1 2026 earnings at $4.57 EPS, Q2 2026 earnings at $3.68 EPS, Q3 2026 earnings at $4.18 EPS, Q4 2026 earnings at $5.19 EPS and FY2026 earnings at $17.62 EPS. \n\nOther equities research analysts have also issued reports about the company. BMO Capital Markets cut their price objective on Progressive from $288.00 to $281.00 and set an “outperform” rating for the company in a research note on Friday, July 18th. Evercore ISI lowered Progressive from an “outperform” rating to an “in-line” rating and set a $275.00 price objective for the company. in a research note on Thursday, July 17th. UBS Group dropped their price target on Progressive from $280.00 to $268.00 and set a “neutral” rating for the company in a research report on Monday, July 21st. Morgan Stanley dropped their price target on Progressive from $290.00 to $280.00 and set an “equal weight” rating for the company in a research report on Monday, July 14th. Finally, Wells Fargo &amp; Company upped their price target on Progressive from $328.00 to $333.00 and gave the company an “overweight” rating in a research report on Friday, June 20th. Nine equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, Progressive presently has a consensus rating of “Moderate Buy” and an average target price of $286.88.\n\nProgressive (<a>NYSE:PGR</a> – <a>Get Free Report</a>) last posted its quarterly earnings data on Wednesday, July 16th. The insurance provider reported $4.88 EPS for the quarter, topping the consensus estimate of $4.43 by $0.45. Progressive had a return on equity of 35.37% and a net margin of 12.66%. The company had revenue of $20.08 billion during the quarter, compared to analyst estimates of $20.39 billion. During the same period in the previous year, the business earned $2.48 EPS. Progressive’s quarterly revenue was up 12.1% on a year-over-year basis. \n\nSeveral institutional investors and hedge funds have recently modified their holdings of PGR. Integrated Advisors Network LLC increased its stake in Progressive by 1.0% during the first quarter. Integrated Advisors Network LLC now owns 3,808 shares of the insurance provider’s stock worth $1,078,000 after purchasing an additional 36 shares during the period. Rise Advisors LLC grew its holdings in shares of Progressive by 7.4% in the first quarter. Rise Advisors LLC now owns 521 shares of the insurance provider’s stock valued at $147,000 after purchasing an additional 36 shares in the last quarter. Pines Wealth Management LLC grew its holdings in shares of Progressive by 3.0% in the first 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 in the last quarter. Contravisory Investment Management Inc. increased its stake in Progressive by 2.0% during 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 during the period. Finally, Beacon Financial Group lifted its holdings in Progressive by 1.1% during 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. Hedge funds and other institutional investors own 85.34% of the company’s stock. \n\nIn related news, CFO <a>John P. Sauerland</a> sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $275.37, for a total value of $2,753,700.00. Following the transaction, the chief financial officer directly owned 238,024 shares in the company, valued at approximately $65,544,668.88. This represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through <a>this link</a>. Also, Director <a>Dyke Kahina Van</a> sold 2,490 shares of the company’s stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $277.67, for a total value of $691,398.30. Following the completion of the transaction, the director owned 12,429 shares in the company, valued at $3,451,160.43. This represents a 16.69% decrease in their ownership of the stock. The disclosure for this sale can be found <a>here</a>. Insiders sold a total of 43,972 shares of company stock valued at $11,764,581 in the last ninety days. 0.34% of the stock is currently owned by corporate insiders. \n\nThe firm also recently disclosed a dividend, which was paid on Friday, July 11th. Investors of record on Friday, July 4th were issued a $0.10 dividend. This represents a yield of 0.15%. The ex-dividend date of this dividend was Thursday, July 3rd. Progressive’s dividend payout ratio is presently 2.25%. \n\nThe 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.

Q3 Earnings Forecast for Progressive Issued By William Blair

Investment analysts at William Blair raised their Q3 2025 earnings per share estimates for Progressive, projecting $3.74 per share, up from $3.73. The company reported Q2 2025 earnings of $4.88 EPS, exceeding analyst estimates. Analysts from BMO Capital Markets, Evercore ISI, UBS Group, Morgan Stanley, and Wells Fargo adjusted ratings and price targets. Institutional investors increased or decreased their holdings in Progressive, while insiders including CFO John P. Sauerland and Director Dyke Kahina Van sold shares. The company also announced a recent dividend payment.