Company Description
The Progressive Corporation (NYSE: PGR) is a holding company based in Mayfield Village, Ohio, operating under the Progressive Insurance® brand in the finance and insurance sector. According to company disclosures, Progressive focuses on making it easy to understand, buy, and use car insurance, home insurance, and other protection needs. The company operates in the direct property and casualty insurance industry and offers insurance products for both personal and commercial customers.
Progressive states that it provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes. It describes itself as the second largest personal auto insurer in the United States, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers in the country. This mix of personal lines, commercial lines, and property coverage positions Progressive as a major participant in the U.S. auto and home insurance markets.
The company notes that it offers customers choices in how they interact with Progressive, including online, by phone, via a mobile app, or in person with a local agent. This reflects a multi-channel distribution approach that includes both direct-to-consumer and agent-based access. Progressive emphasizes tools and services designed to help customers shop for and manage insurance, citing offerings such as Name Your Price®, Snapshot®, and HomeQuote Explorer® as examples of features intended to save customers time and money when selecting coverage.
Progressive traces its history back to its founding in 1937, and highlights a long record of developing shopping tools and services for insurance buyers. As a property and casualty insurer, it underwrites risks across auto, recreational, and residential categories, and reports its financial results for these activities through regular public releases and filings. The company’s common shares trade on the New York Stock Exchange under the symbol PGR, providing public investors with access to its equity.
Progressive’s public communications show that it regularly reports monthly and quarterly financial results, including net premiums written, net premiums earned, net income, and combined ratio, as well as policies in force across personal and commercial lines. These disclosures illustrate the scale of its operations in personal auto, special lines, property, and commercial lines. The company also announces dividend decisions and key shareholder dates, such as record dates for its annual meeting, through news releases and Form 8-K filings.
In addition to its core insurance activities, Progressive has described collaborations that extend its ecosystem of offerings. For example, it has announced a relationship with Best Egg, Inc. as a personal loan provider accessible through Progressive’s ecosystem, with the stated goal of making it easier for consumers to access flexible personal loan solutions. This type of relationship is presented as a way to broaden engagement with Progressive customers beyond traditional insurance policies.
Progressive also conducts and publishes consumer research related to driving and road safety. One example is a survey of new drivers focused on driver education and supervised practice, released in connection with National Teen Driver Safety Week. Through such studies, Progressive highlights topics such as supervised driving hours, driver confidence, and hazard detection, aligning these insights with its broader role as an auto insurer concerned with road safety.
Through its combination of personal auto, commercial auto, recreational vehicle, boat, motorcycle, and homeowners insurance, along with multi-channel distribution and branded shopping tools, Progressive presents itself as a significant participant in U.S. personal and commercial insurance markets. Its ongoing stream of financial reports, surveys, and partnership announcements provides additional context for how the company operates within the direct property and casualty insurance industry.
Stock Performance
Progress Oh (PGR) stock last traded at $206.00, up 2.56% from the previous close. Over the past 12 months, the stock has lost 25.0%, ranking #1,678 in 52-week price change. At a market capitalization of $118.8B, PGR is classified as a large-cap stock with approximately 585.2M shares outstanding.
Latest News
Progress Oh has 10 recent news articles, with the latest published 5 days ago. Of the recent coverage, 6 articles coincided with positive price movement and 4 with negative movement. Key topics include dividends. View all PGR news →
SEC Filings
Progress Oh has filed 5 recent SEC filings, including 1 Form 4, 1 Form 144, 1 Form ARS, 1 Form DEF 14A. The most recent filing was submitted on March 23, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all PGR SEC filings →
Insider Radar
Insider selling at Progress Oh over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Progress Oh generated $87.7B in revenue over the trailing twelve months, and net income was $11.3B, reflecting a 12.9% net profit margin. Diluted earnings per share stood at $19.23. The company generated $17.5B in operating cash flow.
Upcoming Events
Dividend record date
Dividend payable date
Annual shareholders meeting
CFO retirement and succession
Progress Oh has 4 upcoming scheduled events. The next event, "Dividend record date", is scheduled for April 2, 2026 (in 10 days). 2 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the PGR stock price.
Short Interest History
Short interest in Progress Oh (PGR) currently stands at 6.8 million shares, up 0.1% from the previous reporting period, representing 1.2% of the float. Over the past 12 months, short interest has increased by 14.9%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Progress Oh (PGR) currently stands at 1.6 days, down 12.1% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.2 to 2.9 days.
PGR Company Profile & Sector Positioning
Progress Oh (PGR) operates in the Insurance - Property & Casualty industry within the broader Fire, Marine & Casualty Insurance sector and is listed on the NYSE. Among dividend-paying stocks, PGR ranks #1,478 by dividend yield. In monthly performance, the stock ranks #535 among all tracked companies.
Investors comparing PGR often look at related companies in the same sector, including Chubb Limited (CB), Allstate Corp (ALL), Travelers Compan (TRV), The Hartford Insurance Group Inc (HIG), and Cincinnati Finl Corp (CINF). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate PGR's relative position within its industry.