10 Best Value Stocks to Buy for the Long Term

2. The Progressive Corporation (NYSE:PGR)

​The Progressive Corporation (NYSE:PGR) is one of the Best Value Stocks to Buy for the Long Term. On March 4, The Progressive Corporation (NYSE:PGR) held its fiscal Q4 and full-year 2025 investor event.

​The company delivered standout 2025 results, with a 40% return on equity and $13 billion in comprehensive income. Net written premiums for the year increased by more than $8.8 billion, reflecting 12% year-over-year growth, while policies in force grew by almost 3.7 million, reflecting a 10% increase year-over-year. Management noted that it grew its market share in the private passenger auto market to 18.5%.

​Moreover, the company’s private passenger auto market share reached 18.5%, reflecting a 2% increase driven by 12% policy growth in personal auto. The combined ratio stayed below 90%, within the 96% target. CEO Tricia Griffith noted:

​”Our focus on strategic growth and innovation positions us well for future success, even as we navigate a competitive and evolving market landscape.”

​Separately, on March 2, Paul Newsome from Piper Sandler reiterated a Buy rating on The Progressive Corporation (NYSE:PGR) with a price target of $259. Earlier, on February 23, Gregory Peters from Raymond James also reiterated a Buy rating on the stock with a $245 price target.

​The Progressive Corporation (NYSE:PGR) is a major U.S. insurance holding company specializing in property-casualty insurance, primarily through its subsidiaries.