Progressive Corp-The Stock Forecast for 2023 - 2025 - 2030

Updated on 02/05/2023

Stock Rating
15
Price Target
$133.00
Consensus
Neutral
Downside
-2.43%
Analysts
9
Stock Rating
15
Downside
-2.43%
Analysts
9
Price Target
$133.00

Progressive Corp-The Stock Forecast and Price Target

Progressive Corp-The's stock is projected to advance by -2.43% from the previous closing price if it reaches the average target of $133.00 by the year's end, as nine reputable analysts recently projected. This potential downside is calculated on a high-end estimate of $174.00 and a low-end estimate of $99.00. If you are interested in PGR stock, it is important to also consider its competitors.

$133.00

-2.43% Downside

Hold
Hold

Progressive Corp-The Fair Value Forecast for 2023 - 2025 - 2030

Progressive Corp-The's Price has seen impressive growth In the last three years, rising from $93.81 to $98.66 – a growth of 5.18%. In the next year, analysts believe that Fair Value will reach $104.04 – an increase of 5.45%. For the next eight years, the forecast is for Fair Value to grow by 51.98%.

2023 Fair Value Forecast
$104.04
2024 Fair Value Forecast
$127.80
2025 Fair Value Forecast
$148.43
2026 Fair Value Forecast
$165.08
2027 Fair Value Forecast
$141.65
2028 Fair Value Forecast
$138.14
2029 Fair Value Forecast
$142.28
2030 Fair Value Forecast
$149.95
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
TRV Stock Forecast The Travelers Companies Hold 16
$182.76 $193.72 7.24%
ALL Stock Forecast Allstate Corp-The Outperform 15
$131.33 $149.93 17.26%
HIG Stock Forecast The Hartford Financial Service... Outperform 18
$74.77 $86.94 15.02%
MKL Stock Forecast Markel Outperform 16
$1.34k $1.37k 6.69%
CINF Stock Forecast Cincinnati Financial Hold 17
$115.11 $109.00 -5.74%

Progressive Corp-The Revenue Forecast for 2023 - 2025 - 2030

Progressive Corp-The's Revenue has seen impressive growth In the last three years, rising from $39.00B to $47.68B – a growth of 22.25%. In the next year, analysts believe that Revenue will reach $56.17B – an increase of 17.81%. For the next eight years, the forecast is for Revenue to grow by 78.69%.

2023 Rev Forecast
$56.17B
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 Price Target Upside/Downside
L Stock Forecast Loews - 13
$60.10 $32.00 -11.51%
AFG Stock Forecast American Financial Group Outperform 16
$135.05 $159.00 24.40%
CNA Stock Forecast CNA Financial Hold 18
$41.72 $48.00 17.45%

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

In the last three years, Progressive Corp-The's Dividend per Share has fallen from $2.65 to $0.40 – a 84.91% decrease. For the next year, analysts predict that Dividend per Share will reach $3.77 – an increase of 842.50%. Over the next eight years, experts believe that Progressive Corp-The's Dividend per Share will grow at a rate of 298.18%.

2023 DPS Forecast
$3.77
2024 DPS Forecast
$2.57
2025 DPS Forecast
$0.97
2026 DPS Forecast
$1.02
2027 DPS Forecast
$1.72
2028 DPS Forecast
$2.41
2029 DPS Forecast
$1.81
2030 DPS Forecast
$1.59
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
Y Stock Forecast Alleghany Hold 16
$847.79 $848.02 252.17%
ORI Stock Forecast Old Republic International Outperform 16
$26.28 $27.00 2.74%
KNSL Stock Forecast Kinsale Capital Group Outperform 16
$290.50 $0.00 -19.10%

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

In the last three years, Progressive Corp-The's Free Cash Flow has seen a drop from $5.90B to $-1.48B – a 125.11% decrease. According to 1 major analysts, Progressive Corp-The's Free Cash Flow will fall by 691.77% in the next year, reaching $8.76B. Professionals believe that By 2030, Progressive Corp-The's Free Cash Flow will fall to $11.17B– a 854.52% decrease from its current value.

2023 FCF Forecast
$8.76B
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 Price Target Upside/Downside
RLI Stock Forecast RLI Outperform 18
$132.14 $145.67 13.52%
SIGI Stock Forecast Selective Insurance Group Hold 18
$100.90 $93.83 -7.33%
THG Stock Forecast The Hanover Insurance Group Outperform 18
$142.40 $151.40 5.69%

Progressive Corp-The Net Income Forecast for 2023 - 2025 - 2030

Progressive Corp-The's Net Income has decreased In the last three years, from $3.97B to $3.35B – a 15.60% drop. In the next year, analysts predict that Net Income will jump to $3.71B – up 10.67% from the current level. Looking ahead to eight years, experts forecast that Net Income will grow by 57.10%.

2023 NI Forecast
$3.71B
2024 NI Forecast
$4.46B
2025 NI Forecast
$6.37B
2026 NI Forecast
$5.17B
2027 NI Forecast
$4.76B
2028 NI Forecast
$4.79B
2029 NI Forecast
$5.29B
2030 NI Forecast
$5.26B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
NGHC Stock Forecast National General Holdings - 18
$0.00 $0.00 0.00%
KMPR Stock Forecast Kemper Hold 12
$61.00 $64.75 -2.46%
STFC Stock Forecast State Auto Financial - 12
$52.01 $52.00 11.02%

Progressive Corp-The EBITDA Forecast for 2023 - 2025 - 2030

In the last two years, Progressive Corp-The's EBITDA has gone down from $5.66B to $4.77B – a 15.74% drop. In the next year, analysts believe that EBITDA will reach $6.31B – an increase of 32.43%. For the next nine years, the forecast is forEBITDA to grow by 37.05%.

2022 EBITDA Forecast
$6.31B
2023 EBITDA Forecast
$6.54B
2024 EBITDA Forecast
$7.28B
2025 EBITDA Forecast
$6.35B
2026 EBITDA Forecast
$6.37B
2027 EBITDA Forecast
$6.46B
2028 EBITDA Forecast
$6.74B
2029 EBITDA Forecast
$6.61B
2030 EBITDA Forecast
$6.53B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
MCY Stock Forecast Mercury General Underperform 18
$38.61 $41.00 239.06%
PLMR Stock Forecast Palomar Holdings Outperform 16
$53.56 $0.00 58.70%
HMN Stock Forecast Horace Mann Educators Hold 16
$36.30 $42.50 10.19%

Progressive Corp-The EBIT Forecast for 2023 - 2025 - 2030

In the last two years, Progressive Corp-The's EBIT has fallen from $5.35B to $4.43B – a 17.22% decrease. In the coming year, analysts are expecting an increase in EBIT, predicting it will reach $4.56B – an increase of 2.90%. Over the next eight years, experts anticipate that EBIT growth for Progressive Corp-The will be 51.02%.

2023 EBIT Forecast
$4.56B
2024 EBIT Forecast
$4.96B
2025 EBIT Forecast
$6.86B
2026 EBIT Forecast
$7.47B
2027 EBIT Forecast
$6.38B
2028 EBIT Forecast
$5.98B
2029 EBIT Forecast
$6.29B
2030 EBIT Forecast
$6.69B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
SAFT Stock Forecast Safety Insurance Group - 18
$88.27 $70.00 60.12%
PRA Stock Forecast ProAssurance Hold 13
$19.96 $28.33 30.26%
EIG Stock Forecast Employers Holdings Outperform 18
$43.38 $49.50 15.26%

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

Progressive Corp-The's EPS has seen impressive growth In the last three years, rising from $5.41 to $5.69 – a growth of 5.18%. In the next year, analysts believe that EPS will reach $6.00 – an increase of 5.45%. For the next eight years, the forecast is for EPS to grow by 51.98%.

2023 EPS Forecast
$6.00
2024 EPS Forecast
$7.37
2025 EPS Forecast
$8.56
2026 EPS Forecast
$9.52
2027 EPS Forecast
$8.17
2028 EPS Forecast
$7.97
2029 EPS Forecast
$8.21
2030 EPS Forecast
$8.65
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
HGTY Stock Forecast Hagerty Outperform 6
$9.87 $0.00 51.98%
AMSF Stock Forecast AMERISAFE Outperform 18
$55.57 $46.67 -10.02%
HCI Stock Forecast HCI Group Buy 18
$50.46 $97.50 93.22%