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PGR

PROGRESSIVE CORP

Financials · Property & Casualty Insurance

$202.58

+0.33%

Vol: 0.1M

Araverus Market Read

Thursday, March 19, 2026

Negative

Premium growth softening weighs on Progressive despite solid financial performance drives price target revision

Progressive faces near-term headwinds with BMO revising price target to $208 due to slowing premium growth, with pre-market at $206.62 down 0.70% and after-hours $203.59 down 0.77%. February 2026 data showed net premiums written of $6.995B (+5% YoY) and net income of $943M (+2%), supporting financial stability despite CFO transition. The $0.10 quarterly dividend maintains shareholder returns amid strategic growth phase.

Price 50d 200d

Previous Market Reads

2 of 2 days

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
BRK.BBERKSHIRE$481.47-0.62%-4.4%22.1x0.69$1.04T
JPMJPMORGAN$287.86+0.04%-6.2%12.3x1.06$776.7B
VVISA$299.88+0.29%-6.2%20.6x0.79$577.9B
MAMASTERCARD$491.83+0.69%-5.9%21.7x0.84$438.3B
BACBANK$47.00+0.36%-10.4%9.5x1.26$343.3B
MSMORGAN$158.58-0.22%-7.6%12.9x1.21$251.8B
GSGOLDMAN$810.12+0.58%-11.2%12.4x1.34$242.8B
WFCWELLS$76.28+0.12%-12.6%9.6x1.07$239.8B
AXPAMERICAN$295.36+0.33%-14.4%14.6x1.15$203.2B

Fundamentals

Market Cap$118.8B
P/E (TTM)10.5
Forward P/E12.5
Beta0.29
Div Yield691.00%
Prev Close$201.91

RSI (14-Day)

24Oversold
0305070100

52-Week Range

$197.92$202.58$289.96
From High-30.1%
From Low+2.4%

Moving Averages

50d SMA
$206.63-2.0%
200d SMA
$220.92-8.3%

Price below 200d MA — bearish structure.

Returns

1W
-1.3%
1M
-0.3%
3M
-7.1%
6M
-11.5%
1Y
-23.9%
YTD
-4.5%

Volume

Today133K
20d Avg2.9M
Ratio0.05x