Weekly Analysts’ Ratings Updates for Progressive (PGR)

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

• 3/2/2026 – Progressive had its “overweight” rating reaffirmed by Piper Sandler. They now have a $259.00 price target on the stock.
• 2/24/2026 – Progressive was upgraded by Zacks Research from “strong sell” to “hold”.
• 2/23/2026 – Progressive had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $225.00 price target on the stock.
• 2/23/2026 – Progressive had its price target lowered by UBS Group AG from $226.00 to $218.00. They now have a “neutral” rating on the stock.
• 2/19/2026 – Progressive was given a new $230.00 price target by Evercore Inc.
• 2/19/2026 – Progressive was given a new $235.00 price target by Roth Mkm.
• 2/19/2026 – Progressive had its price target lowered by Wells Fargo & Company from $220.00 to $214.00. They now have an “equal weight” rating on the stock.
• 2/19/2026 – Progressive had its price target raised by Keefe, Bruyette & Woods from $225.00 to $232.00. They now have a “market perform” rating on the stock.
• 2/11/2026 – Progressive was given a new $216.00 price target by Jefferies Financial Group Inc..
• 2/11/2026 – Progressive had its “hold” rating reaffirmed by Jefferies Financial Group Inc..
• 2/3/2026 – Progressive had its price target lowered by Citigroup Inc. from $300.60 to $261.00. They now have a “buy” rating on the stock.
• 2/2/2026 – Progressive was given a new $226.00 price target by UBS Group AG.
• 1/30/2026 – Progressive had its price target lowered by Keefe, Bruyette & Woods from $252.00 to $225.00. They now have a “market perform” rating on the stock.
• 1/29/2026 – Progressive had its price target lowered by Wells Fargo & Company from $240.00 to $220.00. They now have an “equal weight” rating on the stock.
• 1/29/2026 – Progressive had its price target lowered by BMO Capital Markets from $239.00 to $232.00. They now have a “market perform” rating on the stock.
• 1/28/2026 – Progressive had its price target lowered by Morgan Stanley from $214.00 to $205.00. They now have an “underweight” rating on the stock.
• 1/26/2026 – Progressive was downgraded by Zacks Research from “hold” to “strong sell”.
• 1/16/2026 – Progressive was downgraded by HSBC Holdings plc from “strong-buy” to “hold”.
• 1/15/2026 – Progressive had its price target lowered by BMO Capital Markets from $253.00 to $239.00. They now have a “market perform” rating on the stock.
• 1/14/2026 – Progressive was given a new $240.00 price target by Mizuho.
• 1/13/2026 – Progressive had its price target lowered by Wells Fargo & Company from $242.00 to $240.00. They now have an “equal weight” rating on the stock.
• 1/8/2026 – Progressive was upgraded by Barclays PLC from “equal weight” to “overweight”. They now have a $265.00 price target on the stock, up from $257.00.
• 1/7/2026 – Progressive was given a new $227.00 price target by The Goldman Sachs Group, Inc..
• 1/7/2026 – Progressive had its price target lowered by Evercore Inc from $250.00 to $237.00. They now have an “in-line” rating on the stock.
• 1/7/2026 – Progressive had its price target lowered by JPMorgan Chase & Co. from $303.00 to $275.00. They now have an “overweight” rating on the stock.
• 1/6/2026 – Progressive had its price target raised by Keefe, Bruyette & Woods from $250.00 to $252.00. They now have a “market perform” rating on the stock.

Progressive Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Friday, January 2nd were issued a $0.10 dividend. The ex-dividend date was Friday, January 2nd. This represents a $0.40 annualized dividend and a yield of 0.2%. Progressive’s payout ratio is 2.08%.

Insider Activity at Progressive

In related news, insider Maribel Pumarejo sold 739 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $203.25, for a total value of $150,201.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Andrew J. Quigg sold 1,649 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $204.35, for a total transaction of $336,973.15. Following the completion of the sale, the insider owned 39,626 shares of the company’s stock, valued at $8,097,573.10. This trade represents a 4.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,103 shares of company stock valued at $1,883,924 in the last 90 days. 0.34% of the stock is owned by company 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.