Progressive Corporation (PGR)

Progressive Corp.'s stock has trended down by 11.63% in the past six months and 8.11% over the past year. The Q3 2025 earnings report, where the company missed EPS estimates, contributed to a stock drop. Analyst downgrades and insider selling activity have also influenced sentiment.

The available information focuses on stock performance seasonality rather than the underlying demand for insurance products and services.

Progressive Corp. operates in the Financials sector, specifically in the Property and Casualty Insurance industry, writing insurance for personal automobiles and special lines products like motorcycles and RVs. The company also offers personal residential property insurance and commercial lines, distributing products through independent agencies, online, and over the phone.

Progressive Corp. primarily operates in the United States, marketing policies through independent insurance agencies in Canada and having previously sold car insurance in Australia.

Progressive has a strong brand reputation as the second-largest auto insurer in the United States as of 2023, ascending to the top in 2024 with a 16.4% market share. The company is known for its innovative approaches, including being an early adopter of technology in the insurance sector. Progressive's brand presence is also visible through its naming rights agreement for Progressive Field.

Institutional shareholders own approximately 84.57% of Progressive Corp., insiders own about 8.81%, and retail investors hold 6.62%. Major institutional owners include Vanguard Group Inc. and BlackRock, Inc. Peter B. Lewis is the largest individual shareholder, holding 7.64% of the company.