Jefferies has downgraded Progressive Corp (PGR) from Buy to Hold as of November 13, 2025. The current price of the stock stands at $223.15.
This decision underscores a shift in sentiment regarding Progressive's outlook, potentially reflecting concerns about competitive pressures, market conditions, or execution risks that may impact the company's performance.
Progressive Corp is an insurance holding company based in the Village of Mayfield, Ohio, specializing in personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance services. The company operates with a workforce of 66,300 employees and has a market capitalization of $131.6 billion. Its key financial metrics include a P/E ratio of 12.28 and an impressive dividend yield of 18.0%.
Upcoming earnings reports are scheduled for May 3, 2026, with an estimated EPS of $4.51 and revenue of $24.1 billion, followed by another report on August 2, 2026, expected to show an EPS of $3.91 and revenue of $22.8 billion. Recent performance has been mixed, with Q3 2025 earnings falling short of expectations, reporting an EPS of $4.05 against an estimate of $5.09.
Analyst ratings are an essential component of investment research, providing insights based on extensive analysis. However, these ratings should be considered alongside broader market trends, company fundamentals, and individual financial goals. Analyst opinions can vary, and ratings may change as new information becomes available.