The Progressive Stock Forecast for 2023 - 2025 - 2030

Updated on 03/28/2024

Stock Rating
10
Price Target
$193.50
Consensus
Outperform
Downside
-1.65%
Analysts
0
Stock Rating
10
Downside
-1.65%
Analysts
0
Price Target
$193.50

The Progressive Stock Forecast and Price Target

The Progressive's stock is projected to advance by -1.65% from the previous closing price if it reaches the average target of $193.50 by the year's end, as reputable analysts recently projected. This potential downside is calculated on a high-end estimate of $261.00 and a low-end estimate of $114.00. If you are interested in PGR stock, it is important to also consider its competitors.

$193.50

-1.65% Downside

Outperform
Outperform

The Progressive Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, The Progressive's Price has decreased by 100.00%, from $142.80 to $0.00. In the next year, analysts believe that Fair Value will reach $140.32 – an increase of 100.00%. For the next seven years, the forecast is for Fair Value to grow by 100.00%.

2024 Fair Value Forecast
$140.32
2025 Fair Value Forecast
$162.98
2026 Fair Value Forecast
$181.26
2027 Fair Value Forecast
$195.92
2028 Fair Value Forecast
$175.38
2029 Fair Value Forecast
$171.96
2030 Fair Value Forecast
$175.53
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MFC Stock Forecast Manulife Financial Outperform 9
C$32.10 Buy/Sell C$29.66 9.03%
ACGL Stock Forecast Arch Capital Group Outperform 16
$90.31 Buy/Sell $96.67 10.73%
PFG Stock Forecast Principal Financial Group Inc Hold 15
$80.06 Buy/Sell $74.62 6.17%
CINF Stock Forecast Cincinnati Financial Corp Hold 17
$117.38 Buy/Sell $119.86 6.49%
L Stock Forecast Loews - 13
$76.00 Buy/Sell $32.00 -100.00%

The Progressive Revenue Forecast for 2023 - 2025 - 2030

The Progressive's Revenue has seen impressive growth In the last three years, rising from $42.64B to $62.08B – a growth of 45.60%. For the next year, 2 analysts project The Progressive's Revenue to drop by 1.72%, reaching $61.01B. For the next seven years, the forecast is for Revenue to grow by 37.23%.

2024 Rev Forecast
$61.01B
2025 Rev Forecast
$70.29B
2026 Rev Forecast
$89.55B
2027 Rev Forecast
$102.98B
2028 Rev Forecast
$86.59B
2029 Rev Forecast
$82.08B
2030 Rev Forecast
$85.19B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MAP Stock Forecast Mapfre Outperform 17
2.05€ Buy/Sell 2.36€ 12.20%
SIGI Stock Forecast Selective Insurance Group Hold 18
$104.70 Buy/Sell $107.14 0.29%
FAF Stock Forecast First American Financial Outperform 18
$56.56 Buy/Sell $63.25 23.76%

The Progressive Dividend per Share Forecast for 2023 - 2025 - 2030

In the last three years, The Progressive's Dividend per Share has fallen from $4.90 to $0.40 – a 91.84% decrease. For the next year, analysts predict that Dividend per Share will reach $2.57 – an increase of 542.50%. Over the next seven years, experts believe that The Progressive's Dividend per Share will grow at a rate of 569.97%.

2024 DPS Forecast
$2.57
2025 DPS Forecast
$0.97
2026 DPS Forecast
$1.02
2027 DPS Forecast
$3.65
2028 DPS Forecast
$4.72
2029 DPS Forecast
$3.15
2030 DPS Forecast
$2.68
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
HSX Stock Forecast Hiscox Ltd Outperform 13
£11.93 Buy/Sell £12.21 6.45%
GNW Stock Forecast Genworth Financial Hold 14
$6.34 Buy/Sell $6.50 2.52%
GSHD Stock Forecast Goosehead Insurance, Inc Outperform 16
$75.61 Buy/Sell $79.50 19.69%

The Progressive Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$9.53B
2025 FCF Forecast
$10.27B
2026 FCF Forecast
$11.30B
2027 FCF Forecast
$12.48B
2028 FCF Forecast
$11.41B
2029 FCF Forecast
$11.06B
2030 FCF Forecast
$11.17B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
STC Stock Forecast Stewart Information Services Outperform 18
$61.25 Buy/Sell $61.00 14.29%
HMN Stock Forecast Horace Mann Educators Hold 16
$34.89 Buy/Sell $33.50 17.51%
EIG Stock Forecast Employers Holdings Outperform 18
$44.61 Buy/Sell $49.00 17.69%

The Progressive EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, The Progressive's EBITDA has seen a drop from $7.72B to $5.47B – a 29.16% decrease. Analysts predict that The Progressive's EBITDA will increase in the upcoming year, reaching $6.64B. This would represent an increase of 21.41%. Over the next seven years, experts predict that The Progressive's EBITDA will grow at a rate of 18.21%.

2024 EBITDA Forecast
$6.64B
2025 EBITDA Forecast
$8.34B
2026 EBITDA Forecast
$5.38B
2027 EBITDA Forecast
$5.68B
2028 EBITDA Forecast
$6.24B
2029 EBITDA Forecast
$7.08B
2030 EBITDA Forecast
$6.47B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
PRA Stock Forecast ProAssurance Hold 13
$12.27 Buy/Sell $28.33 18.17%
JRVR Stock Forecast James River Group Holdings Outperform 6
$7.76 Buy/Sell $17.50 41.75%
NGI Stock Forecast National General Insurance Co.... - 0
4.89 Buy/Sell 0.00 -100.00%

The Progressive EBIT Forecast for 2023 - 2025 - 2030

In the last three years, The Progressive's EBIT has gone down from $7.39B to $5.17B – a 30.01% drop. In the next year, 1 analysts estimate that The Progressive's EBIT will decrease by 4.02%, reaching $4.96B. For the next seven years, the forecast is forEBIT to grow by 34.44%.

2024 EBIT Forecast
$4.96B
2025 EBIT Forecast
$6.86B
2026 EBIT Forecast
$7.47B
2027 EBIT Forecast
$7.44B
2028 EBIT Forecast
$6.56B
2029 EBIT Forecast
$6.69B
2030 EBIT Forecast
$6.95B

The Progressive EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, The Progressive's EPS has decreased by 100.00%, from $7.50 to $0.00. In the next year, analysts believe that EPS will reach $7.37 – an increase of 100.00%. For the next seven years, the forecast is for EPS to grow by 100.00%.

2024 EPS Forecast
$7.37
2025 EPS Forecast
$8.56
2026 EPS Forecast
$9.52
2027 EPS Forecast
$10.29
2028 EPS Forecast
$9.21
2029 EPS Forecast
$9.03
2030 EPS Forecast
$9.22