Progressive Corp (PGR) average volume reaches $3.24M: Is Wall Street expecting a rally?

On Friday, Progressive Corp (NYSE: PGR) was 2.75% up from the session before settling in for the closing price of $277.30. A 52-week range for PGR has been $197.62 – $292.99.

During the last 5-year period, the sales growth of Financial Sector giant was 14.08%. When this article was written, the company’s average yearly earnings per share was at 14.22%. With a float of $584.61 million, this company’s outstanding shares have now reached $586.00 million.

Let’s determine the extent of company efficiency that accounts for 66308 employees. In terms of profitability, gross margin is 100.0%, operating margin of 14.02%, and the pretax margin is 14.02%.

Progressive Corp (PGR) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Progressive Corp stocks. The insider ownership of Progressive Corp is 0.28%, while institutional ownership is 87.76%. The most recent insider transaction that took place on May 28 ’25, was worth 2,753,700. In this transaction VP and Chief Financial Officer of this company sold 10,000 shares at a rate of $275.37, taking the stock ownership to the 238,024 shares. Before that another transaction happened on May 23 ’25, when Company’s Chief Information Officer sold 1,267 for $277.81, making the entire transaction worth $351,985. This insider now owns 28,888 shares in total.

Progressive Corp (PGR) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 14.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.73% during the next five years compared to 16.48% growth over the previous five years of trading.

Progressive Corp (NYSE: PGR) Trading Performance Indicators

You can see what Progressive Corp (PGR) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13. Likewise, its price to free cash flow for the trailing twelve months is 10.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.85, a number that is poised to hit 3.90 in the next quarter and is forecasted to reach 15.82 in one year’s time.

Technical Analysis of Progressive Corp (PGR)

Looking closely at Progressive Corp (NYSE: PGR), its last 5-days average volume was 3.13 million, which is a jump from its year-to-date volume of 3.02 million. As of the previous 9 days, the stock’s Stochastic %D was 40.39%. Additionally, its Average True Range was 5.88.

During the past 100 days, Progressive Corp’s (PGR) raw stochastic average was set at 87.49%, which indicates a significant increase from 73.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.61% in the past 14 days, which was lower than the 28.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $276.14, while its 200-day Moving Average is $259.21. However, in the short run, Progressive Corp’s stock first resistance to watch stands at $287.95. Second resistance stands at $290.96. The third major resistance level sits at $296.69. If the price goes on to break the first support level at $279.21, it is likely to go to the next support level at $273.48. Should the price break the second support level, the third support level stands at $270.47.

Progressive Corp (NYSE: PGR) Key Stats

There are 586,224K outstanding shares of the company, which has a market capitalization of 167.03 billion. As of now, sales total 75,372 M while income totals 8,480 M. Its latest quarter income was 20,409 M while its last quarter net income were 2,567 M.