Progressive Corporation (PGR) Among the Best Value Stocks to Buy for Long Term

​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.”

Progressive Corporation (PGR) Among the Best Value Stocks to Buy for Long Term

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.

While we acknowledge the potential of PGR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PGR and that has 100x upside potential, check out our report about this cheapest AI stock.

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