News & Events:PGR

Keefe, Bruyette & Woods upgraded its rating of Progressive to Market Perform with a price target of $107.00, changing its price target from $96.00 to $107.00. Shares of Progressive are trading up 4.85% over the last 24 hours, at $115.07 per share. A move to $107.00 would account for a 7.01% decrease from the current share price.

Over the past 3 months, 8 analysts have published their opinion on Progressive stock. These 8 analysts have an average price target of $107.5 versus the current price of Progressive at $111.515, implying downside. Below is a summary of how these 8 analysts rated Progressive over the past 3 months. This average price target has increased by 4.37% over the past month.

Keefe, Bruyette & Woods upgraded the previous rating for Progressive Corp from Underperform to Market Perform. According to Noble Capital Markets, the prior rating for Indonesia Energy Corp Ltd was changed from Market Perform to Outperform. For Middlesex Water Co, Janney Montgomery Scott upgraded the previous rating of Neutral to Buy.

The Progressive Corporation (PGR) today reported the following results for May 2022:  . See Progressive’s complete monthly earnings release for additional information.

Progressive has outperformed the market over the past 10 years by 7.43% on an annualized basis producing an average annual return of 18.33%. Currently, Progressive has a market capitalization of $66.10 billion. Buying $100 In PGR: If an investor had bought $100 of PGR stock 10 years ago, it would be worth $543.85 today based on a price of $113.01 for PGR at the time of writing.

Progressive has observed the following analyst ratings within the last quarter: According to 10 analyst offering 12-month price targets in the last 3 months, Progressive has an average price target of $108.7 with a high of $135.00 and a low of $88.00. Below is a summary of how these 10 analysts rated Progressive over the past 3 months.

Susquehanna upgraded the previous rating for Lattice Semiconductor Corp from Neutral to Positive. According to Barclays, the prior rating for Otis Worldwide Corp was changed from Equal-Weight to Overweight. B of A Securities upgraded the previous rating for Northwest Natural Holding Co from Underperform to Neutral.

In collaboration with Hello Alice, $250,000 grant program will provide Hispanic-identifying entrepreneurs with funds for use toward the purchase of a commercial vehicle for their business MAYFIELD VILLAGE, Ohio, May 23, 2022 /PRNewswire/ -- Progressive Insurance®, the leading commercial auto insurer in the United States, recently launched the Driving Small Business Forward grant program in supp...

On CNBC's "Halftime Report Final Trades," Jenny Harrington of Gilman Hill Asset Management said she spent the last two days at a midstream energy conference and "never felt better" about Enterprise Products Partners L.P.. "It's a 7% yield. Bryn Talkington of Requisite Capital Management named BHP Group Ltd as her final trade. Check out other reopening plays making big moves in the premarket.

CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. The commentary delivered by hosts of the show often moves the stocks mentioned. Apple Inc 12:05 P.M. - Steve Weiss trimmed his position in Apple as the stock has fallen over 13.5% in the last 30-days.

Three new ads show a new layer of Flo's personality and underscore her love of insurance. MAYFIELD VILLAGE, Ohio, May 18, 2022 /PRNewswire/ -- Progressive Insurance's most dedicated employee, Flo, will reveal a different side of herself in a new advertising campaign launching May 23.

Progressive Corp (PGR): * PROGRESSIVE ANNOUNCES QUARTERLY COMMON SHARE DIVIDEND, SHARE REPURCHASE AUTHORIZATION, AND APRIL 2022 RESULTS. * Progressive Corp (PGR) - RENEWED COMPANY'S AUTHORIZATION TO REPURCHASE UP TO 25 MILLION OF ITS COMMON SHARES.

On May 13, 2022, the Board of Directors of The Progressive Corporation (PGR) declared a $0.10 per common share dividend, payable July 15, 2022, to shareholders of record at the close of business on July 7, 2022. The Company today reported the following results for April 2022: See Progressive’s complete monthly earnings release for additional information.

For Axogen Inc, Canaccord Genuity upgraded the previous rating of Hold to Buy. TD Securities upgraded the previous rating for Brookfield Renewable Partners LP from Hold to Buy. For Innovative Industrial Properties Inc, Craig-Hallum upgraded the previous rating of Hold to Buy. According to William Blair, the prior rating for Standex International Corp was changed from Market Perform to Outperform.

Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones dropped around 100 points in the previous session. Federal Reserve Bank of Atlanta President Raphael Bostic is set to speak at 8:45 a.m. ET.

Company's famous art collection open to masses through corporate art app MAYFIELD VILLAGE, Ohio, May 4, 2022 /PRNewswire/ -- The Progressive Art Collection, which contains over 10,000 contemporary pieces of artwork including sculptures, paintings, photography and new media, promotes company culture by encouraging the pursuit of innovation and change.

The invasion of Ukraine by Russia and threats of a potential nuclear war between several countries was turned into a topic of debate at the annual Berkshire Hathaway Inc shareholder meeting. What Happened: Buffett told Berkshire Hathaway shareholders that the risk of nuclear war is real and a major concern.

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As previously announced, The Progressive Corporation (PGR) will host an Investor Relations conference call on Tuesday, May 3, 2022, beginning at 9:30 a.m. eastern time.

For PBF Energy Inc, Scotiabank upgraded the previous rating of Sector Underperform to Sector Perform. B of A Securities upgraded the previous rating for Spire Inc from Underperform to Neutral. For ConocoPhillips, Scotiabank upgraded the previous rating of Sector Perform to Sector Outperform. According to Morgan Stanley, the prior rating for Gap Inc was changed from Underweight to Equal-Weight.