Progressive Corporation will host an Investor Relations conference call on May 6, 2025, at 9:30 a.m. ET.
Quiver AI Summary
The Progressive Corporation will host an Investor Relations conference call on May 6, 2025, at 9:30 a.m. eastern time, which will last for 60 minutes and include a Q&A session with CEO Tricia Griffith and CFO John Sauerland. Participants can join via phone or audio-only webcast, though only call-in attendees can submit questions. The company will file its Quarterly Report on Form 10-Q with the SEC on May 5, 2025, and will also post its Shareholders' Report on its investor website. Replays of the webcast will be available two hours after the call and can be accessed online until May 7, 2026. Progressive, founded in 1937 and based in Mayfield Village, Ohio, is a leading insurer offering a range of products including auto and home insurance, and is the second-largest personal auto insurer in the U.S.
Potential Positives
- Progressive Corporation is actively engaging with investors by hosting a quarterly conference call, demonstrating transparency and commitment to shareholder communication.
- The company's upcoming filing of its Quarterly Report on Form 10-Q reflects its adherence to regulatory requirements and provides shareholders with financial updates.
- Progressive's position as the second largest personal auto insurer in the country reinforces its strong market presence and competitive advantage in the insurance industry.
- The availability of multiple ways for consumers to access insurance services, including a mobile app and local agents, highlights Progressive's commitment to customer convenience and accessibility.
Potential Negatives
- Investor Relations conference calls typically indicate that there might be uncertainty or issues that require clarification to shareholders, suggesting potential concerns about the company’s performance.
- The limitation on question submissions for webcast participants could limit transparency and engagement with a segment of the investor audience, potentially leading to dissatisfaction among those who prefer online participation.
- The timing of the quarterly filing immediately before the conference call may raise concerns about last-minute adjustments or disclosures, which could lead to speculation about the company's financial health.
FAQ
When is the Investor Relations conference call scheduled?
The Investor Relations conference call is scheduled for May 6, 2025, at 9:30 a.m. Eastern Time.
Who will be speaking during the conference call?
Tricia Griffith, CEO, and John Sauerland, CFO, will be speaking during the conference call.
How can I access the conference call and webcast?
You can access the call and webcast details on Progressive’s website at https://investors.progressive.com/events.
Will I be able to ask questions during the webcast?
Only call-in participants can ask questions; webcast participants will not have the ability to submit questions online.
How long will the archived webcast be available?
The archived webcast will be available until May 7, 2026, after the call concludes.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PGR Congressional Stock Trading
Members of Congress have traded $PGR stock 5 times in the past 6 months. Of those trades, 5 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $PGR stock by members of Congress over the last 6 months:
- REPRESENTATIVE BYRON DONALDS has traded it 2 times. They made 2 purchases worth up to $30,000 on 03/20 and 0 sales.
- REPRESENTATIVE JULIE JOHNSON has traded it 3 times. They made 3 purchases worth up to $45,000 on 02/24, 02/14, 01/24 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$PGR Insider Trading Activity
$PGR insiders have traded $PGR stock on the open market 23 times in the past 6 months. Of those trades, 0 have been purchases and 23 have been sales.
Here’s a breakdown of recent trading of $PGR stock by insiders over the last 6 months:
- JOHN P SAUERLAND (VP and Chief Financial Officer) has made 0 purchases and 6 sales selling 51,542 shares for an estimated $13,529,061.
- SUSAN PATRICIA GRIFFITH (President and CEO) has made 0 purchases and 2 sales selling 20,087 shares for an estimated $4,876,177.
- JEFFREY D KELLY sold 10,000 shares for an estimated $2,500,000
- PATRICK K CALLAHAN (Personal Lines President) sold 4,669 shares for an estimated $1,305,935
- JOHN JO MURPHY (Claims President) has made 0 purchases and 2 sales selling 3,938 shares for an estimated $956,097.
- LORI A NIEDERST (CRM President) sold 3,855 shares for an estimated $952,416
- KAREN BAILO (Commercial Lines President) has made 0 purchases and 2 sales selling 3,558 shares for an estimated $863,914.
- JONATHAN S. BAUER (Chief Investment Officer) has made 0 purchases and 2 sales selling 2,923 shares for an estimated $824,178.
- ANDREW J QUIGG (Chief Strategy Officer) has made 0 purchases and 2 sales selling 1,643 shares for an estimated $398,915.
- MARIANN WOJTKUN MARSHALL (Chief Accounting Officer) has made 0 purchases and 2 sales selling 776 shares for an estimated $188,565.
- DEVIN C JOHNSON sold 400 shares for an estimated $110,016
- CARL G JOYCE (Chief Accounting Officer) sold 360 shares for an estimated $99,419
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PGR Hedge Fund Activity
We have seen 866 institutional investors add shares of $PGR stock to their portfolio, and 722 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 4,685,566 shares (+9.8%) to their portfolio in Q4 2024, for an estimated $1,122,708,469
- WELLINGTON MANAGEMENT GROUP LLP removed 3,324,110 shares (-34.2%) from their portfolio in Q4 2024, for an estimated $796,489,997
- JPMORGAN CHASE & CO added 2,260,562 shares (+16.8%) to their portfolio in Q4 2024, for an estimated $541,653,260
- GQG PARTNERS LLC added 2,085,833 shares (+67.6%) to their portfolio in Q4 2024, for an estimated $499,786,445
- CAPITAL RESEARCH GLOBAL INVESTORS added 1,547,677 shares (+34.3%) to their portfolio in Q4 2024, for an estimated $370,838,885
- VIKING GLOBAL INVESTORS LP removed 1,312,172 shares (-37.6%) from their portfolio in Q4 2024, for an estimated $314,409,532
- ARTISAN PARTNERS LIMITED PARTNERSHIP removed 1,004,473 shares (-20.2%) from their portfolio in Q4 2024, for an estimated $240,681,775
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$PGR Analyst Ratings
Wall Street analysts have issued reports on $PGR in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Morgan Stanley issued a "Overweight" rating on 12/13/2024
To track analyst ratings and price targets for $PGR, check out Quiver Quantitative's $PGR forecast page.
$PGR Price Targets
Multiple analysts have issued price targets for $PGR recently. We have seen 2 analysts offer price targets for $PGR in the last 6 months, with a median target of $283.5.
Here are some recent targets:
- Alex Scott from Goldman Sachs set a target price of $294.0 on 11/06/2024
- Michael Zaremski from BMO Capital set a target price of $273.0 on 11/04/2024
Full Release
MAYFIELD VILLAGE, OHIO, April 29, 2025 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations conference call on Tuesday, May 6, 2025, beginning at 9:30 a.m. eastern time. This quarterly call, which will consist of both a conference call and audio-only webcast, is scheduled to last 60 minutes and will consist of a question-and-answer session with Tricia Griffith, our CEO, and John Sauerland, our CFO. Call-in participants will be able to ask questions via phone, however, webcast participants will not be able to submit questions online.
On May 5, 2025, Progressive expects to file its Quarterly Report on Form 10-Q with the Securities and Exchange Commission and post its Shareholders’ Report, including the Letter to Shareholders from Tricia Griffith, to its website at https://investors.progressive.com/financials .
To receive the details on how to access the call or to join the webcast, visit Progressive’s website at https://investors.progressive.com/events .
Replays of the webcast will be available approximately two hours after the call concludes. The archived webcast will be able to be accessed from Progressive’s website at https://investors.progressive.com/events and will remain available until May 7, 2026.
About Progressive
Progressive Insurance
®
makes it easy to understand, buy and use
car insurance
,
home insurance
, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at
progressive.com
, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.
Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle , and boat insurance, and one of the top 15 homeowners insurance carriers.
Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price ® , Snapshot ® , and HomeQuote Explorer ® .
The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.
Company Contact:
Douglas S. Constantine
(440) 395-3707
[email protected]
The Progressive Corporation
300 North Commons Blvd.
Mayfield Village, Ohio 44143
http://www.progressive.com
