- Progressive’s combined ratio improved significantly to 89.7% in October, compared to 100.4% the previous month.
- The net premiums earned by Progressive increased by 3.7% month-over-month, totaling $7.08 billion.
- The net premiums written saw a decline of 1.8% month-over-month, amounting to $7.00 billion.
- Earnings per share (EPS) showed substantial growth, rising to $1.44 from 52 cents month-over-month.
- Analysts’ ratings for Progressive include 12 buy recommendations, 12 hold recommendations, and 2 sell recommendations.
Progressive Corp on Smartkarma
Analysts on Smartkarma, like Baptista Research, have been closely following Progressive Corp‘s trajectory. In the report titled “The Progressive Corporation: Product Differentiation & Segmentation Strategy to Support Sustained Policy Growth & Enhanced Profitability Margins!”, the company’s strong financial performance in the second quarter of 2025 is highlighted. Progressive added over $5 billion in premiums and 2.4 million policies, showcasing significant growth amidst a competitive insurance market.
Another report by Baptista Research, “Progressive Corporation: Diversification & Business Expansion to Contribute To Its Ongoing Growth Efforts!”, emphasizes the company’s robust financial results and diversification efforts. Despite some challenges, Progressive reported near-record margins and exceptional growth, fueled by increased policies and efficient customer acquisition. Analysts remain bullish on Progressive Corp‘s strategic initiatives and potential for sustained growth.
A look at Progressive Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking ahead, the long-term outlook for The Progressive Corporation appears to be robust, based on the Smartkarma Smart Scores. The company has received a score of 5 for Growth, indicating a strong potential for expansion and development. This signifies positive prospects for Progressive Corp‘s future market position and financial performance.
Additionally, with consistent scores of 3 across Value, Dividend, Resilience, and Momentum factors, The Progressive Corporation demonstrates stability and steady performance in these crucial areas. This balanced scoring suggests a well-rounded approach by the company in managing its operations and investments for sustained growth and shareholder value. In summary, Progressive Corp‘s focus on providing personal and commercial insurance services across the U.S. positions it favorably for long-term success and growth in the insurance industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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