From Nasdaq.: 2025-05-21 17:45:00

Progressive (PGR) closed at $280.96, down 1.63% from the prior day, outperforming the S&P 500. Shares rose 7.75% in the last month, trailing the Finance sector and S&P 500. Progressive’s upcoming earnings are projected at $3.53 per share, a 33.21% increase year-over-year, with revenue estimated at $21.6 billion, up 18.28%.

Analyst estimate revisions reflect near-term business trends, impacting share price momentum. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), shows Progressive at #2 (Buy). The company’s Forward P/E ratio is 18.07, higher than its industry average, with a PEG ratio of 1.77.

Zacks names a top semiconductor stock with strong earnings growth and potential in AI, ML, and IoT. Global semiconductor manufacturing is projected to grow from $452 billion in 2021 to $803 billion by 2028. Investors can access more information on Zacks.com for insights on industry trends and stock recommendations.



Read more at Nasdaq.: Here’s Why Progressive (PGR) Fell More Than Broader Market