The Progressive Corporation (NYSE:PGE) will release its second quarter earnings report before the opening bell on Wednesday, July 15.
Analysts expect the Mayfield, Ohio-based company to report quarterly earnings of $4.60 per share, down from $4.88 per share in the year-ago period. The consensus estimate for Progressive’s quarterly revenue is $21.26 billion. It reported $20.08 billion last year, according to Benzinga Pro.
On June 17, Progressive reported May 2026 earnings of $2.47 per share, up from $1.81 per share in the year-ago period.
Shares of Progressive rose 3.1% to close at $232.22 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- UBS analyst Brian Meredith maintained a Neutral rating and raised the price target from $220 to $230 on June 30, 2026. This analyst has an accuracy rate of 70%.
- Keefe, Bruyette & Woods analyst Meyer Shields maintained a Market Perform rating and raised the price target from $208 to $210 on June 18, 2026. This analyst has an accuracy rate of 75%.
- Wells Fargo analyst Elyse Greenspan maintained an Equal-Weight rating and cut the price target from $222 to $219 on June 18, 2026. This analyst has an accuracy rate of 68%.
- B of A Securities analyst Joshua Shanker maintained a Buy rating and cut the price target from $331 to $313 on June 18, 2026. This analyst has an accuracy rate of 69%.
- Jefferies analyst Andrew Andersen maintained a Hold rating and cut the price target from $216 to $215 on March 24, 2026. This analyst has an accuracy rate of 51%
Considering buying PGR stock? Here’s what analysts think:
Photo via Shutterstock