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Stock rating · Fire, Marine & Casualty Insurance
Progressive Corporation (PGR) Stock Rating & Analysis
As of October 16, 2026, MELANY rates Progressive Corporation 54 out of 100 (Hold). Its highest factor score is business quality at 76, and its lowest is catalyst setup at 36.
MELANY ratingRated 2026-10-16PGR · composite score
About Progressive Corporation
Progressive underwrites private and commercial auto insurance and specialty lines, with almost 27 million personal auto policies in force, making it one of the largest US auto insurers. It markets through independent agencies in the US and Canada and directly via the internet and telephone, splitting premiums between the agent and direct channels, and it entered homeowners insurance through a 2015 acquisition.
Rating as of 2026-10-16 · this is a dated snapshot; the live rating is in the app (Pro, free for 30 days). The price above updates in real time.
Why PGR scores 54/100
PGR's 8 factor scores run from 36 to 76, and 3 of them sit above its composite of 54. Here is how PGR breaks down.
Whether the price looks cheap or expensive against earnings, growth, and peers.
- P/E 10.7x vs sector 13.0x median
Margins, returns on capital, and balance-sheet strength.
- Return on equity 35%
- Claims from prior years settled below their reserves, a release worth 2.1% of premiums
- Book value per share up 33% over the past year with dividends, excluding unrealized investment gains and losses
Direction and relative strength of the recent share-price trend.
History of beating or missing estimates, and where estimates are heading.
What Wall Street price targets and revisions are signalling.
Near-term events that could move the stock.
Upside weighed against volatility and drawdown risk.
How the current rate and market regime suits this kind of company.
How PGR compares
As of October 16, 2026, Progressive Corporation ranks 6th of the 6 companies with a MELANY rating page in its SEC industry group (Fire, Marine & Casualty Insurance), where the average score is 71.
Key risks for PGR
- No specific company-level red flags detected, monitor macro regime changes
Sector and theme context
Progressive Corporation sits in the Financials / rate cycle theme, which MELANY currently rates 33/100 for strength. Theme strength feeds PGR's momentum and catalyst factors above.
Tracking PGR
Progressive Corporation rates Hold right now, so MELANY is not flagging a fresh entry. Add PGR to a watchlist in the app to follow its rating; an alert the moment it changes is part of Pro, free for 30 days.
How MELANY rates PGR
MELANY is a rules-based engine that scores every stock from 0 to 100 across eight weighted factors, then re-scores as new price, earnings, and fundamental data arrive. Progressive Corporation's 54/100 reflects mature factor weighting for its profile.
Ratings are algorithmic and change with the data. They are research and education, not personalized investment advice.
Frequently asked questions about PGR
Is Progressive Corporation (PGR) a buy?
As of 2026-10-16, MELANY rated Progressive Corporation Hold with a composite score of 54/100. That is a dated snapshot, not the live rating, and it is an algorithmic reading built from eight factors rather than personalized investment advice. Review the factor breakdown above and the disclaimer below before making any decision.
What is Progressive Corporation's MELANY score?
Progressive Corporation (PGR) has a MELANY composite score of 54/100, combining valuation, business quality, price momentum, earnings track record, analyst sentiment, catalyst setup, risk-adjusted profile, macro fit.
How is the PGR stock rating calculated?
MELANY scores PGR from 0 to 100 across eight weighted factors using live market and fundamental data, then refreshes the rating automatically as new data arrives.
Should I buy Progressive Corporation stock?
That decision is yours; Market Eyes Live does not give buy or sell advice. What the data says: MELANY rates Progressive Corporation (PGR) Hold with a composite of 54/100 as of 2026-10-16. The factor breakdown above shows what is driving that, which is a better basis for a decision than any one-word verdict.
What is the PGR stock price forecast?
MELANY does not publish price targets or forecasts for PGR. Predicting a future price is exactly the kind of false precision the confidence framework avoids. Instead it scores today's setup, 54/100 across eight factors for Progressive Corporation, and re-scores automatically as new price, earnings, and fundamental data arrive.
Is PGR stock overvalued or undervalued?
MELANY's valuation factor currently reads 45/100 for Progressive Corporation, where a higher score means the price looks more attractive on that measure. Scores in the 70s and above read as attractively priced, the mid range as roughly fair, and low scores as stretched. The factor breakdown above shows what drives PGR's read.
What price should I buy PGR at?
MELANY is not flagging a fresh entry for PGR at its current Hold rating, so there is no entry zone to publish right now. Add PGR to a watchlist in the app to follow it; an alert the moment the rating changes is part of Pro, free for 30 days.
What are the risks of buying PGR stock?
The top risks MELANY currently flags for Progressive Corporation: No specific company-level red flags detected, monitor macro regime changes. The rating on this page already weighs these against the bullish factors; see the risk-adjusted profile score in the breakdown above.
Is Progressive Corporation a good long-term investment?
For long-term durability the two factors that matter most are business quality, which MELANY scores 76/100 for Progressive Corporation, and earnings track record, at 50/100. The 54/100 composite blends those with six shorter-horizon factors. Durable quality at a fair price is the long-term case to test; this is research, not personalized investment advice.
Will PGR stock go up?
Nobody can promise a stock's direction, and Market Eyes Live does not predict prices. The measurable part: MELANY's price momentum factor reads 57/100 for PGR right now, and the catalyst setup factor tracks whether near-term events could move it. Both re-score automatically as the data changes.
How current is this PGR rating?
The rating on this page is a snapshot of MELANY's read as of 2026-10-16. The price shown updates live, but the score is not recomputed on this page. MELANY re-scores PGR continuously as new price, earnings, and fundamental data arrive, and the current rating is in the app (Pro, free for 30 days).
How this rating works
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