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Progressive Corporation's Q3 2025 Earnings: What to Expect
Yahoo Finance· 2025-10-03 12:16
Core Insights - The Progressive Corporation (PGR) is a leading insurance holding company with a market cap of $144.5 billion, providing various insurance products and services [1] - Analysts expect PGR to report a profit of $4.89 per share for Q3 2025, reflecting a 36.6% increase from the previous year [2] - For the full fiscal year 2025, EPS is projected to be $18.48, a 31.5% increase from $14.05 in fiscal 2024, but is expected to decline to $16.89 in fiscal 2026 [3] Financial Performance - PGR's total revenue for Q2 was $22 billion, marking a 21.3% year-over-year increase, driven by an 18% growth in net premiums earned and a 27.2% increase in investment income [5] - The company achieved a net income of $5.40 per share for Q2, representing a 117.7% rise [5] Stock Performance - PGR stock has underperformed the S&P 500 Index, which gained 17.6% over the past 52 weeks, with PGR shares down 4.3% during the same period [4] - The stock also underperformed the Financial Select Sector SPDR Fund, which gained 18.2% [4] Analyst Ratings - The consensus opinion on PGR stock is moderately bullish, with a "Moderate Buy" rating overall; 10 analysts recommend a "Strong Buy," 2 suggest a "Moderate Buy," and 13 give a "Hold" [6] - The average analyst price target for PGR is $286.05, indicating a potential upside of 17.5% from current levels [6]
TD Cowen Maintains a Hold Rating on The Progressive Corporation (PGR)
Yahoo Finance· 2025-09-30 18:49
Group 1 - The Progressive Corporation (NYSE:PGR) is considered one of the best large cap value stocks to buy currently, with a price target set at $266.00 by TD Cowen analyst Andrew Kligerman [1] - In August 2024, The Progressive Corporation reported a net income of $1.220 billion, an increase from $935 million in August 2023, indicating strong financial performance [2] - The company operates as an insurance holding firm, providing residential property insurance, personal and commercial auto insurance, and other specialty property-casualty insurance through its Personal Lines, Commercial Lines, and Property segments [3]