Market Insight: Progressive Corp (PGR)’s Notable Gain, Closing at 281.15

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In the latest session, Progressive Corp (NYSE: PGR) closed at $281.15 up 1.07% from its previous closing price of $278.17. In other words, the price has increased by $1.07 from its previous closing price. On the day, 4.85 million shares were traded.

Ratios:

For a deeper understanding of Progressive Corp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.24.

On April 17, 2025, Keefe Bruyette Downgraded its rating to Mkt Perform which previously was Outperform but kept the price unchanged to $288.

BofA Securities Downgraded its Buy to Neutral on April 04, 2025, while the target price for the stock was maintained at $287.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 28 ’25 when Sauerland John P sold 10,000 shares for $268.59 per share. The transaction valued at 2,685,900 led to the insider holds 248,024 shares of the business.

Sauerland John P bought 10,000 shares of PGR for $2,685,900 on Apr 28 ’25. On Mar 28 ’25, another insider, Sauerland John P, who serves as the VP and Chief Financial Officer of the company, sold 10,000 shares for $275.94 each. As a result, the insider received 2,759,400 and left with 258,024 shares of the company.

Valuation Measures:

As of this moment, Progressive’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.93, and their Forward P/E ratio for the next fiscal year is 17.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 5.69.

Stock Price History:

Over the past 52 weeks, PGR has reached a high of $292.99, while it has fallen to a 52-week low of $197.62. The 50-Day Moving Average of the stock is 1.88%, while the 200-Day Moving Average is calculated to be 10.95%.

Shares Statistics:

A total of 586.00M shares are outstanding, with a floating share count of 584.61M. Insiders hold about 0.28% of the company’s shares, while institutions hold 88.19% stake in the company.

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