Progressive Corporation Trading Volume Drops 43.7% to 85th Position

On April 2, 2025, The Progressive Corporation (PGR) saw a trading volume of $759 million, marking a 43.7% decrease from the previous day. This placed PGR at the 85th position in terms of trading volume for the day.

Analyst Andrew Kligerman from TD Cowen maintained a Hold rating on Progressive, setting a price target of $266.00. This rating reflects the analyst's assessment of the company's current market position and future prospects.

Progressive's policies in force and retention ratio are expected to remain robust. The consensus estimate for Progressive's earnings in 2025 and 2026 suggests growth of 9.1% and 2.2% respectively, indicating a stable financial outlook.

Trexquant Investment LP increased its stake in Progressive by 45.9% during the fourth quarter, demonstrating confidence in the company's long-term potential.

Progressive has a strong history of exceeding earnings estimates, which is a positive indicator for investors. The company's combination of factors suggests a likely beat in its upcoming earnings report.