Several analysts have recently updated their ratings and price targets for PROG (NYSE: PRG):
- 7/8/2026 – PROG was upgraded by Jefferies Financial Group Inc. from “hold” to “buy”. They now have a $60.00 price target on the stock, up from $33.00.
- 7/8/2026 – PROG was upgraded by Jefferies Financial Group Inc. from “hold” to “buy”. They now have a $60.00 price target on the stock, up from $33.00.
- 7/7/2026 – PROG had its price target raised by TD Cowen from $45.00 to $50.00. They now have a “buy” rating on the stock.
- 7/1/2026 – PROG was downgraded by Loop Capital from “buy” to “hold”. They now have a $48.00 price target on the stock.
- 6/29/2026 – PROG was downgraded by Zacks Research from “strong-buy” to “hold”.
- 6/24/2026 – PROG was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 6/14/2026 – PROG was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 6/6/2026 – PROG was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 5/19/2026 – PROG was upgraded by Zacks Research from “hold” to “strong-buy”.
- 5/13/2026 – PROG was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
PROG Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $0.56 annualized dividend and a dividend yield of 1.3%. PROG’s payout ratio is 15.30%.
The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.
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