Progressive stock price closed today at $171

Progressive stock price closed today at $171.42, marking its fourth consecutive gain as defensive sectors outperform in a slightly bearish S&P 500 environment. Buy‑side desks highlight strong underwriting margins and stable combined ratios as key drivers. Further, policies in force increased roughly 13% to nearly 38 million, with personal auto up mid- to high teens in both the direct and agency channels. These are impressive results for a period in which pricing power is normalizing after a long stretch of massive pricing expansion in autos. Progressive ( NYSE:PGR - Get Free Report ) last issued its quarterly earnings results on Wednesday, July 16th. The insurance provider reported $4.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.43 by $0.45. Progressive had a net margin of 12.66% and a return on equity of 35.37%. The company had revenue of $20.08 billion during the quarter, compared to the consensus estimate of $20.39 billion. During the same quarter in the previous year, the firm earned $2.48 earnings per share. The firm's quarterly revenue was up 12.1% on a year-over-year basis. As a group, research analysts forecast that The Progressive Corporation will post 14.68 EPS for the current fiscal year. Progressive Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, October 10th. Investors of record on Thursday, October 2nd will be paid a $0.10 dividend. The ex-dividend date is Thursday, October 2nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. Progressive's payout ratio is currently 2.25%. Insider Buying and Selling In other news, CEO Susan Patricia Griffith sold 30,660 shares of the business's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $242.12, for a total transaction of $7,423,399.20. Following the completion of the sale, the chief executive officer owned 506,945 shares in the company, valued at approximately $122,741,523.40. The trade was a 5.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Also, insider Karen Bailo sold 8,922 shares of the business's stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $249.24, for a total transaction of $2,223,719.28. Following the sale, the insider owned 32,346 shares of the company's stock, valued at $8,061,917.04. This represents a 21.62% decrease in their position. The disclosure for this sale can be found here . Insiders have sold 130,045 shares of company stock valued at $31,997,390 over the last ninety days. 0.34% of the stock is currently owned by corporate insiders. Progressive Company Profile ( Free Report ) The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. Recommended Stories Five stocks we like better than Progressive Comparing and Trading High PE Ratio Stocks After Trump Deal, Can Meta Stock Withstand TikTok’s Onslaught? Procter & Gamble NYSE: PG Pulls Back After Shaky Guidance Alphabet: After Its Best Quarter in Decades, Is It Time to Buy? How to Short Nasdaq: An Easy-to-Follow Guide Forget Airlines—These Trucking Stocks Are Shifting Into High Gear This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Progressive Right Now? Before you consider Progressive, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Progressive wasn't on the list. While Progressive currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here The Best High-Yield Dividend Stocks for 2025 Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps. Get This Free Report Speed resistance lines project potential progressive stock price targets of $174 and $178 if current acceleration persists, barring any macro shock to broader equity markets.