Progressive (PGR) Projected to Release Earnings on Wednesday

Progressive (NYSE:PGR) is expected to release its Q3 2026 results before the market opens on Wednesday, October 14th. Analysts expect Progressive to post earnings of $4.30 per share and revenue of $22.61 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 9:30 AM ET.

Progressive (NYSE:PGR) last released its quarterly earnings results on Wednesday, July 15th. The insurance provider reported $5.67 EPS for the quarter, beating analysts’ consensus estimates of $4.64 by $1.03. Progressive had a return on equity of 32.92% and a net margin of 12.84%. The business had revenue of $23.61 billion during the quarter, compared to analyst estimates of $19.49 billion. During the same period in the prior year, the firm posted $5.40 EPS. Progressive’s quarterly revenue was up 5.0% compared to the same quarter last year. On average, analysts expect Progressive to post $18.08 EPS for the current fiscal year and $16.28 EPS for the next fiscal year.

Progressive Price Performance

Shares of NYSE:PGR opened at $217.21 on Monday. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.24. The stock’s fifty day simple moving average is $214.28 and its two-hundred day simple moving average is $208.95. Progressive has a 1-year low of $189.20 and a 1-year high of $243.81. The stock has a market cap of $126.28 billion, a PE ratio of 10.89, a price-to-earnings-growth ratio of 2.36 and a beta of 0.25.

Progressive Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 1st were paid a $0.10 dividend. The ex-dividend date was Thursday, October 1st. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. Progressive’s dividend payout ratio is presently 2.01%.

Analyst Ratings Changes

Several brokerages have recently commented on PGR. Weiss Ratings upgraded shares of Progressive from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Piper Sandler raised their price target on shares of Progressive from $241.00 to $242.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. TD Cowen cut their price target on shares of Progressive from $266.00 to $222.00 and set a “hold” rating on the stock in a report on Wednesday, July 29th. William Blair restated a “market perform” rating on shares of Progressive in a report on Wednesday, July 15th. Finally, Mizuho reduced their price objective on shares of Progressive from $236.00 to $230.00 and set a “neutral” rating for the company in a research report on Wednesday, September 16th. Nine equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $237.35.

Progressive News Summary

Here are the key news stories impacting Progressive this week:

• Positive Sentiment: Analyst raises 2026 EPS estimate: DOWLING & PARTN increased its FY2026 earnings-per-share forecast for Progressive to $18.50 from $18.25, above the current consensus estimate of $18.03. The revision indicates expectations for stronger profitability. Progressive analyst earnings estimate
• Positive Sentiment: Recent shares gains and operating results: Progressive shares rose in the latest session covered by Zacks, while a separate report said the stock gained following the company’s August results. The combination suggests investors viewed recent operating performance favorably. Why Progressive gained Progressive August results
• Neutral Sentiment: Quarterly earnings are approaching: Progressive is projected to report quarterly results on Wednesday. The upcoming release could become the next major catalyst, particularly because analysts currently expect full-year EPS of approximately $18.03. Progressive projected earnings release
• Neutral Sentiment: Embedded-insurance theme: Progressive was included among insurers positioned to benefit from the growth of embedded insurance distribution. This is a broader industry theme rather than a company-specific announcement, so its immediate effect on PGR is likely limited. Insurers and embedded insurance
• Neutral Sentiment: Trading volume remains light: A market update reported PGR trading at roughly 36.7% of average volume, which provides little confirmation of a strong new trend. Progressive trading volume

Insiders Place Their Bets

In other news, insider John Murphy sold 8,124 shares of the firm’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $212.70, for a total transaction of $1,727,974.80. Following the completion of the sale, the insider directly owned 41,291 shares of the company’s stock, valued at $8,782,595.70. This trade represents a 16.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lori A. Niederst sold 7,339 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $209.29, for a total value of $1,535,979.31. Following the sale, the insider directly owned 42,567 shares of the company’s stock, valued at approximately $8,908,847.43. This represents a 14.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 106,782 shares of company stock valued at $22,965,332. 0.32% of the stock is currently owned by insiders.

Progressive Company Profile

Progressive Corporation is an insurance holding company that provides personal and commercial insurance products in the United States. Its primary business is automobile insurance, serving consumers through direct channels, independent agents and other distribution partners.

The company offers coverage for personal vehicles, motorcycles, recreational vehicles, boats and other specialty vehicles. Its personal insurance portfolio also includes homeowners, renters, condominium and other property coverage, while its commercial business provides insurance for commercial vehicles and related risks.