PGR's Commercial Lines now drive 14% of premiums, boosting margins and helping diversify beyond personal auto.
Progressive gained 18% policy growth in Q1 2025 and posted the strongest monthly auto policy growth in its history. Real-time pricing models and daily tariff scenario planning give Progressive a clear speed advantage over slower-moving competitors. With a combined ratio around 86% and rising investment income, PGR is reinvesting profits to accelerate market share gains.
In the latest trading session, Progressive (PGR) closed at $260.33, marking a -2.05% move from the previous day.
MAYFIELD VILLAGE, OHIO, June 18, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2025:
The Progressive Corporation PGR offers personal property insurance to homeowners, renters, and other property owners. Progressive has been consistently putting in efforts to further penetrate customer households through cross-selling auto policies and Progressive Home Advantage (PHA).
Progressive's stronger ROE, digital edge, and premium growth suggest it may be the safer long-term insurance bet.
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PGR's booming personal auto business, driven by tech and rate actions, may drive both growth and profitability.
In the most recent trading session, Progressive (PGR) closed at $271.31, indicating a -2.87% shift from the previous trading day.
PGR's steady policy growth in personal and commercial lines is driving premium gains and boosting earnings outlook.
Progressive (PGR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Progressive (PGR) is well positioned to outperform the market, as it exhibits above-average growth in financials.