The Progressive Corporation (NYSE:PGR) has been a focal point of interest due to its
attractive financial prospects. Major investor activity is taking place with companies like
Manufacturers Life Insurance Company, Brevan Howard Capital Management, and
Engle Capital Management buying and selling large amounts of stocks. It declares an
annual dividend of $13.50 payable by 2026 and continues to gain favor with a positive buy recommendation from
B of A Securities. A
bull case theory is presented for
PGR despite a bearish stance from Morgan Stanley. The firm is also expanding its services offering flexible loans partnering with
Best Egg.
BMO Capital raises PT maintaining a performance rating. The notable dip in the market does not affect
PGR as it continues to make gains.
BofA lowers the PT.
PGR plans its
quarterly dividend meanwhile it witnessed some decrease in stakes by various companies.
Q3 results come out in line with expectations showing impressive track record yet remains undervalued. Its
strong reserves and lower catastrophe losses are reported as positive indicators, BMO Capital further lifts their price target.
PGR also delivers five-year shareholder returns outpacing underlying earnings growth.
Progressive Corporation PGR News Analytics from Tue, 15 Jul 2025 07:00:00 GMT to Sat, 13 Dec 2025 13:43:23 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor -5
