Progressive Corp. Stock Hits Day High with Strong 3.52% Intraday Surge

Progressive Corp. has experienced a notable uptick in its stock performance, gaining 3.52% on February 26, 2026. The stock reached an intraday high of USD 212.15, reflecting a strong day of trading activity. In comparison to the broader market, Progressive's performance outpaced the S&P 500, which saw a modest increase of 0.69% on the same day. Over the past week, Progressive has shown a robust performance with a 4.94% increase, while the S&P 500 managed a 1.07% gain. The company's performance metrics indicate a mixed picture over longer periods; it has seen a decline of 22.57% over the past year, contrasting sharply with the S&P 500's 12.95% rise. However, on a three-year basis, Progressive has delivered a solid return of 49.31%, albeit trailing the S&P 500's 69.39% growth. With a market capitalization of USD 163,059 million, Progressive operates within the insurance industry and boasts a P/E ratio of 16.00. The company has maintained a strong long-term fundamental strength, highlighted by an impressive average Return on Equity (ROE) of 208,653.25%.