Progressive Aktie News

Technical signals suggest a longer-term upwards trend.

Progressive is upgraded to "Buy" as shares reach my $210 target, trading at ~12x earnings with a de-risked valuation. PGR's Q4 results beat estimates, with a strong 87.1% combined ratio and disciplined underwriting despite industry margin concerns. Premium growth is slowing as PGR prioritizes margins over volume, but policy count remains robust, up 10% year over year.

MAYFIELD VILLAGE, OHIO, Jan. 28, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) announced that John Sauerland, the Company's Chief Financial Officer (CFO), will retire from Progressive on July 3, 2026.

MAYFIELD VILLAGE, OHIO, Jan. 28, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended December 31, 2025:

Progressive's sell-off may appear to be a strong buy-the-dip opportunity, but there are substantive reasons for its price decline. The insurer's growth slowdown is likely to persist in 2026, with factors such as increased competition and rising auto repair costs putting pressure on profitability.

Progressive keeps doing the boring thing extremely well: Scale up, keep margins intact, repeat. Over the past decade, PGR delivered a 92.2% average combined ratio while growing gross written premiums from $19.6B (2014) to $65.5B (2024). Costs are not drifting: The expense ratio has stayed below ~20%, supporting durable underwriting profitability across the cycle.

Progressive is still growing rapidly, and its core business is generating strong profits. The stock looks inexpensive on a price-to-earnings basis, but that doesn't automatically make it a buy.

The insurance industry is resilient in the long run, even if it suffers the occasional stumble. Utility name NextEra Energy is prepared for the future in a way its peers aren't.