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ProAssurance Corporation (PRA)
NYSE:PRA
ProAssurance (PRA) Stock Price & Analysis
76 Followers
PRA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.76 - $19.38
Previous Close$11.25
Volume294.92K
Average Volume (3M)285.39K
Market Cap
$573.89M
Enterprise Value$591.06M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$17.18M
Price to Earnings (P/E)―
Beta0.42
Next Earnings
Aug 08, 2024EPS Estimate
$0.11Last Dividend Ex-Date
Mar 28, 2023Dividend YieldN/A
Share Statistics
EPS (TTM)-0.54
Shares Outstanding51,012,066
10 Day Avg. Volume351,367
30 Day Avg. Volume285,389
Standard Deviation0.12
R-Squared0.01
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.61
Price to Sales (P/S)0.56
Price to Cash Flow (P/CF)-49.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.52
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$17.67Price Target Upside57.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
ProAssurance News
PremiumCompany Announcements
ProAssurance Formalizes SEC Disclosure Compliance
PremiumCompany Announcements
ProAssurance Corporation Unveils Updated Investment Details
PremiumCompany Announcements
ProAssurance Corporation Emphasizes Compliance in Reporting Practices
PremiumCompany Announcements
ProAssurance Clarifies Legal Status of SEC Filings
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSpecialty P&C segment's accident-year loss ratio beat estimates due to effective underwriting actions and pricing.
Operational EfficiencyWorkers’ Compensation segment performed better than expected, also reflecting strong underwriting actions.
Stock Valuation40%+ Discount to Ex-AOCI BV indicates a potential undervaluation of the stock.
Bears Say
Earnings MissProAssurance reported an operating EPS loss which missed expectations, due to higher expense ratio and lower favorable prior period development.
Legal RisksLarge verdicts and broader severity inflation are headwinds for the company.
Market CompetitionCore medical professional liability business showed a decline in gross written premium due to competitive market conditions.
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Ownership Overview
8.50% Insiders
33.45% Mutual Funds
28.46% Other Institutional Investors
29.59% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PRA FAQ
What was ProAssurance Corporation’s price range in the past 12 months?
ProAssurance Corporation lowest stock price was $10.76 and its highest was $19.38 in the past 12 months.
What is ProAssurance Corporation’s market cap?
Currently, no data Available
When is ProAssurance Corporation’s upcoming earnings report date?
ProAssurance Corporation’s upcoming earnings report date is Aug 08, 2024 which is in 17 days.
How were ProAssurance Corporation’s earnings last quarter?
ProAssurance Corporation released its earnings results on May 06, 2024. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.02.
Is ProAssurance Corporation overvalued?
According to Wall Street analysts ProAssurance Corporation’s price is currently Undervalued.
Does ProAssurance Corporation pay dividends?
ProAssurance Corporation pays a Quarterly dividend of $0.05 which represents an annual dividend yield of N/A. See more information on ProAssurance Corporation dividends here
What is ProAssurance Corporation’s EPS estimate?
ProAssurance Corporation’s EPS estimate is $0.11.
How many shares outstanding does ProAssurance Corporation have?
ProAssurance Corporation has 51,012,066 shares outstanding.
What happened to ProAssurance Corporation’s price movement after its last earnings report?
ProAssurance Corporation reported an EPS of $0.08 in its last earnings report, beating expectations of $0.06. Following the earnings report the stock price went up 9.696%.
Which hedge fund is a major shareholder of ProAssurance Corporation?
Among the largest hedge funds holding ProAssurance Corporation’s share is Third Avenue Management LLC. It holds ProAssurance Corporation’s shares valued at 8M.
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ProAssurance Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$17.67 (57.07% Upside)
$17.67 (57.07% Upside)
Hedge Fund Trend
Increased
By 179.9K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.86%
12-Months-Change
Fundamentals
Return on Equity
-2.47%
Trailing 12-Months
Asset Growth
-1.78%
Trailing 12-Months
Company Description
ProAssurance Corporation
ProAssurance Corp. is a holding company. It operates through the following segments: Specialty Property and Casualty, Workers' Compensation Insurance, Lloyd's Syndicate, Segregated Portfolio Cell Reinsurance and Corporate. The Specialty Property and Casualty segment includes professional liability business and medical technology and life sciences business. The Workers' Compensation Insurance segment includes the workers' compensation business which the company provides for employers, groups and associations. The Lloyd's Syndicate segment includes operating results from participation in Lloyd's Syndicate 1729. The Segregated Portfolio Cell Reinsurance segment assumes workers' compensation insurance, healthcare professional liability insurance or a combination of the two from Workers' Compensation Insurance and Specialty Property & Casualty segments. The Corporate segment includes investing operations managed at the corporate level, non-premium revenues generated outside of insurance entities, and corporate expenses, including interest and U.S. income taxes. The company was founded in 1976 and is headquartered in Birmingham, AL.
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PRA Earnings Call
Q1 2024
0:00 / 0:00
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PRA Stock 12 Month Forecast
Average Price Target
$17.67
▲(57.07% Upside)
Technical Analysis
American Financial Group
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Pra Group
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Erie Indemnity Company
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W. R. Berkley Corporation
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Best Analysts Covering PRA
1 Year
1 Year Success Rate
2/19 ratings generated profit
1 Year Average Return
-15.41%
reiterated a buy rating 6 days ago
Copying Matthew Carletti's trades and holding each position for 1 Year would result in 10.53% of your transactions generating a profit, with an average return of -15.41% per trade.
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