PGR The Progressive Corporation - Fundamental Analysis

The Progressive Corporation (PGR) trades at a discount to its forward earnings and peer group on a P/E basis, supported by strong profitability metrics including a best-in-class ROE of 34.22% and solid revenue growth of 14.2% YoY. However, near-term headwinds are evident in its 1Y price return of -10.8% and weakening price momentum over 6M (-21.2%), while insider selling activity totaling $31.98M in the last six months raises caution. Despite a healthy 2.18% dividend yield and low leverage (Debt/Equity: 0.19), the company has missed earnings estimates in the last four quarters with zero average surprise, signaling execution risk. Analysts concur with a 'hold' rating and a $257.70 target, implying ~14% upside, but lack of recent earnings visibility and weak short-term price action cap near-term conviction.