Progressive Corporation (The)
PGR · NYSE
- $215.33
- $124.37B
- Open
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- $210.80 - $215.99
- $189.20 - $254.93
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- 2.29M
About Progressive Corporation (The)
Progressive is an insurance company whose economics are driven by underwriting premiums and investment income. The supplied evidence specifically points to underwriting metrics and identifies the company within the insurance industry, but does not provide a segment breakdown, customer mix, policy count, or the contribution of individual product lines. Progressive reports $87.7 billion of FY2025 revenue and $11.3 billion of net income, up from $75.4 billion and $8.5 billion, respectively, in FY2024. Its scale is therefore substantial, although the available evidence does not quantify how revenue is divided among business segments or customer categories.
Notable Price Movement
- Aug 3-7$215.331.85%
Progressive fell $8.77, or 4.00%, from $219.52 to $210.75 over the measured week. The decline began after the stock edged up to $219.99 on July 29, then dropped to $213.28 on July 30 and continued lower to $211.42 on July 31. The clearest company-specific catalyst was JPMorgan’s move from Overweight to Neutral, accompanied by a $250 price target; a separate market report said JPMorgan lowered its target to $241 from $250. The stock slipped to $210.46 on August 3 before stabilizing marginally on August 4. An ETF-flow report identified PGR among noteworthy inflows, but provided no evidence that this offset the negative analyst revision or valuation concerns.
