The Progressive Corporation (PGR)
NYSE: PGR · Real-Time Price · USD
242.28
+2.69 (1.12%)
Jan 7, 2025, 4:00 PM EST - Market closed
PGR Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for PGR stock have an average target of 273.81, with a low estimate of 218 and a high estimate of 335. The average target predicts an increase of 13.01% from the current stock price of 242.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PGR stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 4 | 4 |
| Buy | 7 | 7 | 7 | 7 | 8 | 8 |
| Hold | 4 | 4 | 5 | 5 | 4 | 4 |
| Sell | 2 | 2 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 17 | 17 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $277 → $261 | Hold | Maintains | $277 → $261 | +7.73% | Jan 6, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $251 → $256 | Buy | Maintains | $251 → $256 | +5.66% | Jan 3, 2025 |
| Raymond James | Raymond James | Hold → Buy Upgrades $305 | Hold → Buy | Upgrades | $305 | +25.89% | Dec 26, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $273 → $267 | Buy | Maintains | $273 → $267 | +10.20% | Dec 16, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $299 → $302 | Buy | Maintains | $299 → $302 | +24.65% | Dec 16, 2024 |
Financial Forecast
Revenue This Year
75.36B
Revenue Next Year
88.19B
from 75.36B
Increased by 17.03%
EPS This Year
13.52
from 6.58
Increased by 105.52%
EPS Next Year
14.06
from 13.52
Increased by 3.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 79.3B | 97.2B | 107.8B |
| Avg | 75.4B | 88.2B | 97.9B |
| Low | 72.6B | 78.8B | 84.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 29.0% | 22.2% |
| Avg | - | 17.0% | 11.1% |
| Low | - | 4.6% | -4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.44 | 15.89 | 17.25 | ||
| Avg | 13.52 | 14.06 | 14.64 | ||
| Low | 12.30 | 12.25 | 12.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 119.4% | 17.5% | 22.7% | ||
| Avg | 105.5% | 4.0% | 4.1% | ||
| Low | 86.9% | -9.4% | -9.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.