Pgr stock price forecast the bullish "PGR stock price

The bullish "PGR stock price forecast" is partly underpinned by improving combined ratios, which recently dipped below 90%. This metric signals underwriting profitability, a key driver in insurance stock re-ratings. PGR stock has underperformed the S&P 500 Index’s ($SPX) 17.6% gains over the past 52 weeks, with shares down 4.3% during this period. Similarly, it underperformed the Financial Select Sector SPDR Fund’s (XLF) 18.2% gains over the same time frame. $PGR insiders have traded $PGR stock on the open market 24 times in the past 6 months. Of those trades, 0 have been purchases and 24 have been sales. The stable claims environment in April and May has strengthened the "PGR stock price forecast". Loss ratios are trending below the five-year average, boosting earnings visibility.