These Analysts Revise Their Forecasts On Progressive After Q1 Earnings

Benzinga

17 Apr

The Progressive Corporation (NYSE:PGR) posted weaker-than-expected first-quarter results on Wednesday.

Progressive posted adjusted earnings of $4.66 per share, missing market estimates of $4.81 per share. The company's quarterly sales came in at $19.409 billion missing expectations of $21.626 billion.

Progressive shares fell 2.1% to trade at $269.42 on Thursday.

These analysts made changes to their price targets on Progressive following earnings announcement.

B of A Securities analyst Joshua Shanker maintained Progressive with a Neutral rating and raised the price target from $289 to $297.
BMO Capital analyst Michael Zaremski maintained the stock with an Outperform rating and increased the price target from $282 to $288.
Keefe, Bruyette & Woods analyst Meyer Shields downgraded Progressive from Outperform to Market Perform and maintained the price target of $288.

Considering buying PGR stock? Here’s what analysts think:

Read This Next:

Netflix Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2528045744"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2528045744\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2528045744?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-17 23:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2528045744","market":"us","top_or_hot":-1,"title":"These Analysts Revise Their Forecasts On Progressive After Q1 Earnings","media":"Benzinga","content":"<html><body><p><strong>The Progressive Corporation</strong> (NYSE:PGR) posted weaker-than-expected first-quarter results on Wednesday.</p>\n<p>Progressive posted adjusted earnings of $4.66 per share, missing market estimates of $4.81 per share. The company's quarterly sales came in at $19.409 billion missing expectations of $21.626 billion.</p>\n<p>Progressive shares fell 2.1% to trade at $269.42 on Thursday.</p>\n<p>These analysts made changes to their price targets on Progressive following earnings announcement.</p>\n<ul>\n<li>B of A Securities analyst Joshua Shanker maintained Progressive with a Neutral rating and raised the price target from $289 to $297.</li>\n<li>BMO Capital analyst Michael Zaremski maintained the stock with an Outperform rating and increased the price target from $282 to $288.</li>\n<li>Keefe, Bruyette &amp; Woods analyst Meyer Shields downgraded Progressive from Outperform to Market Perform and maintained the price target of $288.</li>\n</ul>\n<p><strong>Considering buying PGR stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"600\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17110424/image-23-1024x600.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17110424/image-23-1024x600.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17110424/image-23-300x176.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17110424/image-23-768x450.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17110424/image-23.png 1075w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Netflix Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</strong> </li>\n</ul>\n<p><em>Photo via Shutterstock</em></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These Analysts Revise Their Forecasts On Progressive After Q1 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Analysts Revise Their Forecasts On Progressive After Q1 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-04-17 23:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>The Progressive Corporation</strong> (NYSE:PGR) posted weaker-than-expected first-quarter results on Wednesday.</p>\n<p>Progressive posted adjusted earnings of $4.66 per share, missing market estimates of $4.81 per share. The company's quarterly sales came in at $19.409 billion missing expectations of $21.626 billion.</p>\n<p>Progressive shares fell 2.1% to trade at $269.42 on Thursday.</p>\n<p>These analysts made changes to their price targets on Progressive following earnings announcement.</p>\n<ul>\n<li>B of A Securities analyst Joshua Shanker maintained Progressive with a Neutral rating and raised the price target from $289 to $297.</li>\n<li>BMO Capital analyst Michael Zaremski maintained the stock with an Outperform rating and increased the price target from $282 to $288.</li>\n<li>Keefe, Bruyette &amp; Woods analyst Meyer Shields downgraded Progressive from Outperform to Market Perform and maintained the price target of $288.</li>\n</ul>\n<p><strong>Considering buying PGR stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"600\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17110424/image-23-1024x600.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17110424/image-23-1024x600.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17110424/image-23-300x176.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17110424/image-23-768x450.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17110424/image-23.png 1075w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Netflix Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</strong> </li>\n</ul>\n<p><em>Photo via Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PGR","symbol_name":"美国前进保险公司","start_time":0,"source_url":"https://www.benzinga.com/25/04/44867908/these-analysts-revise-their-forecasts-on-progressive-after-q1-earnings","article_id":"2528045744","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2528045744","pubTimestamp":1744902417,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PGR":"美国前进保险公司"},"translate_title":"这些分析师在第一季度盈利后修改了对Progressive的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PGR":1},"content_text":"The Progressive Corporation (NYSE:PGR) posted weaker-than-expected first-quarter results on Wednesday.\nProgressive posted adjusted earnings of $4.66 per share, missing market estimates of $4.81 per share. The company's quarterly sales came in at $19.409 billion missing expectations of $21.626 billion.\nProgressive shares fell 2.1% to trade at $269.42 on Thursday.\nThese analysts made changes to their price targets on Progressive following earnings announcement.\n\nB of A Securities analyst Joshua Shanker maintained Progressive with a Neutral rating and raised the price target from $289 to $297.\nBMO Capital analyst Michael Zaremski maintained the stock with an Outperform rating and increased the price target from $282 to $288.\nKeefe, Bruyette & Woods analyst Meyer Shields downgraded Progressive from Outperform to Market Perform and maintained the price target of $288.\n\nConsidering buying PGR stock? Here’s what analysts think: \n\nRead This Next: \n\nNetflix Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call \n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}