Company Overview - Progressive Corp. is a significant player in the U.S. insurance industry, offering a wide range of insurance products including personal and commercial vehicle coverage, motorcycles, boats, recreational vehicles, and homes. The company ranks among the top providers of commercial auto, motorcycle, and boat insurance, and is also one of the top 15 homeowners insurance carriers in the country [1]. Stock Performance - On March 18, 2026, Barclays analyst Alex Scott set a price target of $247 for Progressive, indicating a potential upside of approximately 21.8% from its current trading price of $202.80, which reflects a slight decrease of 0.49% or $0.99 [2][6]. - The stock has shown volatility, with a trading range today between $200.82 and $206.37. Over the past year, the stock reached a high of $289.96 and a low of $197.92, indicating the dynamic nature of the insurance market [3][6]. Market Capitalization and Trading Activity - Progressive's market capitalization is approximately $118.82 billion, underscoring its significant size and influence in the insurance industry. The company has a trading volume of 1,222,571 shares on the NYSE, reflecting strong investor interest and confidence in its future performance [4][6].
Progressive Corp. (NYSE:PGR) Price Target and Market Performance