Progressive Analysts Cut Their Forecasts After Q4 Earnings

Benzinga01-29

Progressive Corp (NYSE:PGR) reported better-than-expected fourth-quarter financial results on Wednesday.

Progressive reported quarterly earnings of $4.67 per share which beat the analyst consensus estimate of $4.41 per share. The company reported quarterly sales of $21.093 billion which beat the analyst consensus estimate of $20.101 billion.

Progressive shares rose 0.1% to $212.76 in pre-market trading.

These analysts made changes to their price targets on Progressive following earnings announcement.

BMO Capital analyst Michael Zaremski maintained Progressive with a Market Perform and lowered the price target from $239 to $232.
Wells Fargo analyst Elyse Greenspan maintained the stock with an Equal-Weight rating and cut the price target from $240 to $220.

Considering buying PGR stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2607337490?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-29 22:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2607337490","market":"us","top_or_hot":-1,"title":"Progressive Analysts Cut Their Forecasts After Q4 Earnings","media":"Benzinga","content":"<html><body><p><strong>Progressive Corp</strong> (NYSE:PGR) reported better-than-expected fourth-quarter financial results on Wednesday.</p>\n<p>Progressive reported quarterly earnings of $4.67 per share which beat the analyst consensus estimate of $4.41 per share. The company reported quarterly sales of $21.093 billion which beat the analyst consensus estimate of $20.101 billion.</p>\n<p>Progressive shares rose 0.1% to $212.76 in pre-market trading.</p>\n<p>These analysts made changes to their price targets on Progressive following earnings announcement.</p>\n<ul>\n<li>BMO Capital analyst Michael Zaremski maintained Progressive with a Market Perform and lowered the price target from $239 to $232.</li>\n<li><a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> analyst Elyse Greenspan maintained the stock with an Equal-Weight rating and cut the price target from $240 to $220.</li>\n</ul>\n<p><strong>Considering buying PGR  stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"558\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/29091719/image-616-1024x558.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/29091719/image-616-1024x558.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/29091719/image-616-300x163.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/29091719/image-616-768x418.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/29091719/image-616.png 1138w\" width=\"1024\"/></figure>\n<p>Photo via Shutterstock</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Progressive Analysts Cut Their Forecasts After Q4 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nProgressive Analysts Cut Their Forecasts After Q4 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2026-01-29 22:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Progressive Corp</strong> (NYSE:PGR) reported better-than-expected fourth-quarter financial results on Wednesday.</p>\n<p>Progressive reported quarterly earnings of $4.67 per share which beat the analyst consensus estimate of $4.41 per share. The company reported quarterly sales of $21.093 billion which beat the analyst consensus estimate of $20.101 billion.</p>\n<p>Progressive shares rose 0.1% to $212.76 in pre-market trading.</p>\n<p>These analysts made changes to their price targets on Progressive following earnings announcement.</p>\n<ul>\n<li>BMO Capital analyst Michael Zaremski maintained Progressive with a Market Perform and lowered the price target from $239 to $232.</li>\n<li><a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> analyst Elyse Greenspan maintained the stock with an Equal-Weight rating and cut the price target from $240 to $220.</li>\n</ul>\n<p><strong>Considering buying PGR  stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"558\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/29091719/image-616-1024x558.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/29091719/image-616-1024x558.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/29091719/image-616-300x163.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/29091719/image-616-768x418.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/01/29091719/image-616.png 1138w\" width=\"1024\"/></figure>\n<p>Photo via Shutterstock</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PGR","symbol_name":"美国前进保险公司","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/01/50229596/progressive-analysts-cut-their-forecasts-after-q4-earnings","article_id":"2607337490","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607337490","pubTimestamp":1769696524,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PGR":"美国前进保险公司"},"translate_title":"Progressive分析师在第四季度财报公布后下调预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PGR":1.5},"content_text":"Progressive Corp (NYSE:PGR) reported better-than-expected fourth-quarter financial results on Wednesday.\nProgressive reported quarterly earnings of $4.67 per share which beat the analyst consensus estimate of $4.41 per share. The company reported quarterly sales of $21.093 billion which beat the analyst consensus estimate of $20.101 billion.\nProgressive shares rose 0.1% to $212.76 in pre-market trading.\nThese analysts made changes to their price targets on Progressive following earnings announcement.\n\nBMO Capital analyst Michael Zaremski maintained Progressive with a Market Perform and lowered the price target from $239 to $232.\nWells Fargo analyst Elyse Greenspan maintained the stock with an Equal-Weight rating and cut the price target from $240 to $220.\n\nConsidering buying PGR  stock? Here’s what analysts think: \n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2607337490","isCrawlerRequest":true}