Jefferies Maintains Buy on Progressive, Raises Price Target to $257
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Jefferies analyst Yaron Kinar maintains Progressive (NYSE:PGR) with a Buy and raises the price target from $256 to $257.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/5/2024 | $367.00 | Equal Weight | Barclays |
| 8/15/2024 | $230.00 → $262.00 | Neutral → Buy | Goldman |
| 8/12/2024 | $253.00 | Hold → Buy | HSBC Securities |
| 7/17/2024 | $210.00 → $245.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 3/6/2024 | $185.00 → $227.00 | Equal-Weight → Overweight | Morgan Stanley |
| 1/10/2024 | $174.00 | Market Perform | TD Cowen |
| 12/28/2023 | $164.00 | Hold | HSBC Securities |
| 12/18/2023 | $144.00 → $176.00 | Equal Weight → Overweight | Wells Fargo |
Seasoned Leader Will Strengthen Advent's Fintech Practice Advent International ("Advent"), one of the largest and most experienced global private equity investors, today announced the appointment of Kahina Van Dyke as an Operating Partner. Van Dyke will play a key role in further building out Advent's fintech franchise, working collaboratively with the firm's Technology and Business & Financial Services teams to identify new opportunities and support the management teams of its relevant portfolio companies. "We're thrilled to welcome Kahina as an advisor to Advent given her experience across banking, payments and technology," said Eric Noeth, Managing Director at Advent. "Kahina has bee
MAYFIELD VILLAGE, OHIO, March 06, 2023 (GLOBE NEWSWIRE) -- On March 3, 2023, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share dividend, payable April 14, 2023, to shareholders of record at the close of business on April 6, 2023 (ex-dividend date of April 5, 2023). In addition, on March 3, 2023, The Progressive Corporation appointed itself as calculation agent for its Series B Fixed-to-Floating Rate Cumulative Perpetual Serial Preferred Shares. The floating rate period for the Series B shares begins on March 15, 2023. About ProgressiveProgressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other p
MAYFIELD VILLAGE, Ohio, March 10, 2021 /PRNewswire/ -- (NYSE: PGR) – Progressive Insurance today announced Jeff Charney's intention to retire as Chief Marketing Officer of Progressive, a position he has held since 2010.The early announcement of Charney's retirement was made to allow for ample time to conduct an external search for his successor. Charney's expected retirement date is January 2022, but the timing will be dependent on finding his replacement and ensuring a seamless transition. (PRNewsfoto/Progressive Insurance) (PRNewsfoto/Progressive Insurance) "Jeff and I have been talking about this for a few years. He wanted to leave at the top of his g
The latest innovation, available in the Progressive app, provides real-time assistance to customers involved in a major accident MAYFIELD VILLAGE, Ohio, Nov. 19, 2024 /PRNewswire/ -- Progressive Insurance® today announced the launch of its newest safety feature, Accident Response, to afford customers peace of mind and connect them with emergency or tow services should the unexpected happen on the road. Countrywide access to the feature comes as the winter season approaches, creating additional hazards on the road for much of the country. According to the Federal Highway Admini
MAYFIELD VILLAGE, OHIO, Nov. 15, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended October 31, 2024: October(millions, except per share amounts and ratios; unaudited) 2024 2023 ChangeNet premiums written$6,577.8 $5,528.8 19%Net premiums earned$6,387.0 $5,383.2 19%Net income$408.2 $406.0 1%Per share available to common shareholders$0.69 $0.68 1%Total pretax net realized gains (losses) on securities$(88.0) $(87.1) 1%Combined ratio 94.1 91.7 2.4pts.Average diluted equivalent common shares 587.7 587.6 0% October 31,(thousands; unaudited)2024 2023 % ChangePolicies in Force Personal Lines Agency –
Leading Insurance Provider Collaborates with Fantasy Football Analyst Matthew Berry, Giving Players in the Bottom Half of Their Leagues a Second Chance to Win MAYFIELD VILLAGE, Ohio, Nov. 7, 2024 /PRNewswire/ -- No one knows better than an insurance provider that even the best-laid game plans can go sideways, both in real life and in fantasy football. In fact, a new survey from Progressive Insurance® revealed that nearly half of fantasy football players (44%) typically give up on their teams before the season is over, with this week – Week 10 – being the most reported week that players throw in the towel.* In response, Progressive announced today that it will give fantasy football players
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8-K - PROGRESSIVE CORP/OH/ (0000080661) (Filer)
B of A Securities analyst Joshua Shanker maintains Progressive (NYSE:PGR) with a Buy and raises the price target from $293 to $296.
BMO Capital analyst Michael Zaremski maintains Progressive (NYSE:PGR) with a Outperform and raises the price target from $235 to $239.
Citigroup analyst Michael Ward maintains Progressive (NYSE:PGR) with a Neutral and lowers the price target from $232 to $225.
MAYFIELD VILLAGE, OHIO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE:PGR) will host an Investor Relations conference call on Tuesday, November 5, 2024, beginning at 9:30 a.m. eastern time. This quarterly call, which will consist of both a conference call and audio-only webcast, is scheduled to last 60 minutes and will consist of a question-and-answer session with Tricia Griffith, our CEO, and John Sauerland, our CFO. Call-in participants will be able to ask questions via phone, however, webcast participants will not be able to submit questions online. On November 4, 2024, Progressive expects to file its Quarterly Report on Form 10-Q with the
MAYFIELD VILLAGE, OHIO, Aug. 05, 2024 (GLOBE NEWSWIRE) -- On August 2, 2024, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share dividend, payable October 11, 2024, to shareholders of record at the close of business on October 3, 2024. About ProgressiveProgressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it's most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent. Progressive provides insurance for personal and commercia
MAYFIELD VILLAGE, OHIO, July 30, 2024 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE:PGR) will host an Investor Relations event on Tuesday, August 6, 2024, beginning at 9:30 a.m. eastern time. This event, which will consist of both a conference call and webcast, is scheduled to last 90 minutes and will begin with an approximate 45-minute presentation on acquiring policies in our Direct channel, followed by a question-and-answer session with Tricia Griffith, our CEO, and John Sauerland, our CFO. Call-in participants will be able to ask questions via phone, however, webcast participants will not be able to submit questions online. On August 5, 2024, Progr
Barclays initiated coverage of Progressive with a rating of Equal Weight and set a new price target of $367.00
Goldman upgraded Progressive from Neutral to Buy and set a new price target of $262.00 from $230.00 previously
HSBC Securities upgraded Progressive from Hold to Buy and set a new price target of $253.00
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