NYSE:PRA ProAssurance (PRA) Stock Price, News & Analysis → The 2024 Gold Rush: Unleashing Market Potential (From Priority Gold) (Ad) Free PRA Stock Alerts $13.94 +0.11 (+0.80%) (As of 02:15 PM ET) Add Compare Share Share Today's Range$13.90▼$14.1150-Day Range$11.86▼$13.9852-Week Range$11.76▼$19.38Volume65,898 shsAverage Volume272,342 shsMarket Capitalization$710.52 millionP/E RatioN/ADividend YieldN/APrice Target$17.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get ProAssurance alerts: Email Address ProAssurance MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside22.1% Upside$17.00 Price TargetShort InterestHealthy1.23% of Float Sold ShortDividend StrengthN/ASustainability-0.19Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth103.85%From $0.26 to $0.53 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.71 out of 5 starsFinance Sector368th out of 876 stocksFire, Marine, & Casualty Insurance Industry27th out of 54 stocks 2.3 Analyst's Opinion Consensus RatingProAssurance has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageProAssurance has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.23% of the float of ProAssurance has been sold short.Short Interest Ratio / Days to CoverProAssurance has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ProAssurance has recently increased by 8.96%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldProAssurance does not currently pay a dividend.Dividend GrowthProAssurance does not have a long track record of dividend growth. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreProAssurance has received a 21.55% net impact score from Upright. Proassurance seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Worker's compensation insurance", "Product liability insurance services", and "Professional indemnity insurance services" products. See details.Environmental SustainabilityThe Environmental Impact score for ProAssurance is -0.19. Previous Next 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for ProAssurance this week, compared to 2 articles on an average week.Search Interest1 people have searched for PRA on MarketBeat in the last 30 days. MarketBeat Follows1 people have added ProAssurance to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ProAssurance insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.97% of the stock of ProAssurance is held by insiders.Percentage Held by Institutions85.58% of the stock of ProAssurance is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for ProAssurance are expected to grow by 103.85% in the coming year, from $0.26 to $0.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ProAssurance is -18.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of ProAssurance is -18.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioProAssurance has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlacePerma Bull: This is what terrifies me about AIFor 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.Go here now for this breaking story. About ProAssurance Stock (NYSE:PRA)ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through Specialty Property and Casualty, Workers' Compensation Insurance, and Segregated Portfolio Cell Reinsurance segments. It offers professional liability insurance to healthcare providers and institutions, and attorneys and their firms; medical technology liability insurance to medical technology and life sciences companies; and custom alternative risk solutions, including assumed reinsurance, loss portfolio transfers, and captive cell programs for healthcare professional liability insureds. The company also provides workers' compensation insurance products, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations. The company also participates in Syndicate 1729 at Lloyd's of London for underwriting. It markets its products through independent agencies and brokers, as well as an internal business development team. The company was founded in 1976 and is headquartered in Birmingham, Alabama.Read More PRA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRA Stock News HeadlinesMay 6, 2024 | markets.businessinsider.comWhat Wall Street expects from ProAssurance's earningsApril 29, 2024 | americanbankingnews.comProAssurance (PRA) Scheduled to Post Earnings on MondayMay 6, 2024 | InvestorPlace (Ad)You need to know these two things about AI stocks ASAP…For 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.April 28, 2024 | finance.yahoo.comProAssurance (NYSE:PRA) shareholders have endured a 63% loss from investing in the stock five years agoApril 15, 2024 | markets.businessinsider.comProAssurance Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)April 8, 2024 | businesswire.comProAssurance Announces Dates for Release of First Quarter 2024 Results Release and Investor TeleconferenceMarch 24, 2024 | barrons.comProAssurance Corp.March 21, 2024 | finance.yahoo.comHere’s Why ProAssurance Corporation (PRA) Fell in Q4May 6, 2024 | InvestorPlace (Ad)You need to know these two things about AI stocks ASAP…For 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.March 20, 2024 | money.usnews.comProassurance CorporationFebruary 29, 2024 | finance.yahoo.comProAssurance Corporation (NYSE:PRA) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comQ4 2023 ProAssurance Corp Earnings CallFebruary 27, 2024 | benzinga.comProAssurance: Q4 Earnings InsightsFebruary 27, 2024 | markets.businessinsider.comProAssurance Corp. Q4 Earnings SummaryFebruary 27, 2024 | finance.yahoo.comProAssurance Corp (PRA) Reports Mixed Fourth Quarter 2023 ResultsFebruary 27, 2024 | businesswire.comProAssurance Reports Results for Fourth Quarter 2023February 26, 2024 | markets.businessinsider.comProAssurance is about to announce earnings — here's what Wall Street expectsFebruary 25, 2024 | finance.yahoo.comAFL Mar 2024 81.000 putJanuary 31, 2024 | msn.comHow HSBC became the world’s most accident-prone bankJanuary 31, 2024 | finance.yahoo.comHere’s Why ProAssurance (PRA) Declined in Q4January 30, 2024 | finance.yahoo.comProAssurance Announces Fourth Quarter and Year-End 2023 Results Release and TeleconferenceJanuary 30, 2024 | theguardian.comHSBC fined £57m over ‘serious’ deposit protection failingsDecember 27, 2023 | msn.com‘Amazing first step’: New hospital price files tool offers one-stop-shop for saving on servicesDecember 8, 2023 | finance.yahoo.comProAssurance (PRA) Down 9.6% Since Last Earnings Report: Can It Rebound?December 7, 2023 | finance.yahoo.comHere’s Why ProAssurance Corporation (PRA) Shares Increased by 25%November 28, 2023 | benzinga.comProAssurance Stock (NYSE:PRA), Analyst Ratings, Price Targets, PredictionsNovember 22, 2023 | morningstar.comProAssurance Corp PRASee More Headlines Receive PRA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ProAssurance and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today5/06/2024Next Earnings (Confirmed)5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance Current SymbolNYSE:PRA CUSIP74267C10 CIK1127703 Webwww.proassurance.com Phone(205) 877-4400Fax205-868-4073Employees1,094Year FoundedN/APrice Target and Rating Average Stock Price Target$17.00 High Stock Price Target$22.00 Low Stock Price Target$14.00 Potential Upside/Downside+22.9%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.74) Trailing P/E RatioN/A Forward P/E Ratio53.19 P/E GrowthN/ANet Income$-38,600,000.00 Net Margins-3.39% Pretax Margin-3.44% Return on Equity-0.53% Return on Assets-0.10% Debt Debt-to-Equity Ratio0.38 Current Ratio0.27 Quick Ratio0.27 Sales & Book Value Annual Sales$1.14 billion Price / Sales0.62 Cash Flow$1.23 per share Price / Cash Flow11.23 Book Value$21.82 per share Price / Book0.63Miscellaneous Outstanding Shares50,970,000Free Float50,475,000Market Cap$704.92 million OptionableOptionable Beta0.21 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Edward Lewis Rand Jr. (Age 57)CPA, President, CEO & Director Comp: $1.53MMs. Dana Shannon Hendricks CPA (Age 56)Executive VP, Treasurer & CFO Comp: $692.48kMr. Jeffrey Patton Lisenby Esq. (Age 55)Executive VP, General Counsel, Corporate Secretary & Head of Corporate Legal Department Comp: $720.51kMr. Robert David Francis (Age 61)President of Healthcare Professional Liability Comp: $881.88kMr. Kevin Merrick Shook CPA (Age 55)President of Workers Compensation Insurance - Eastern Alliance Insurance Group Comp: $710.05kMr. Lawrence K. CochranChief Investment Officer, Head of Treasury & VPMs. Kathryn Anne Neville Esq.Chief Compliance Officer & VPMs. Noreen L. Dishart CCP (Age 60)SPHR, Chief Human Resources Officer & Executive VP Mr. Darryl Keith Thomas (Age 66)Senior VP & Chief Claims Officer Comp: $954.43kLuke Cicchinelli D.P.M.Chief Medical DirectorMore ExecutivesKey CompetitorsSafety Insurance GroupNASDAQ:SAFTPennantPark Floating Rate CapitalNASDAQ:PFLTOxford Lane CapitalNASDAQ:OXLCSouthside BancsharesNASDAQ:SBSIHighest PerformancesNASDAQ:PUYIView All CompetitorsInstitutional OwnershipBNP Paribas Financial MarketsBought 4,885 shares on 5/1/2024Ownership: 0.076%Allspring Global Investments Holdings LLCSold 29,668 shares on 4/30/2024Ownership: 2.559%Principal Financial Group Inc.Sold 1,173 shares on 4/29/2024Ownership: 0.519%Yousif Capital Management LLCSold 2,285 shares on 4/26/2024Ownership: 0.045%New York State Teachers Retirement SystemSold 1,100 shares on 4/25/2024Ownership: 0.188%View All Institutional Transactions PRA Stock Analysis - Frequently Asked Questions Should I buy or sell ProAssurance stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ProAssurance in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PRA shares. View PRA analyst ratings or view top-rated stocks. What is ProAssurance's stock price target for 2024? 3 brokerages have issued 12-month price targets for ProAssurance's stock. Their PRA share price targets range from $14.00 to $22.00. On average, they anticipate the company's stock price to reach $17.00 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View analysts price targets for PRA or view top-rated stocks among Wall Street analysts. How have PRA shares performed in 2024? ProAssurance's stock was trading at $13.79 at the start of the year. Since then, PRA stock has increased by 0.9% and is now trading at $13.92. View the best growth stocks for 2024 here. Are investors shorting ProAssurance? ProAssurance saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 568,200 shares, a drop of 29.6% from the March 15th total of 807,200 shares. Based on an average daily volume of 277,700 shares, the short-interest ratio is currently 2.0 days. Currently, 1.1% of the company's shares are sold short. View ProAssurance's Short Interest. When is ProAssurance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our PRA earnings forecast. How can I listen to ProAssurance's earnings call? ProAssurance will be holding an earnings conference call on Tuesday, May 7th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "547985". How were ProAssurance's earnings last quarter? ProAssurance Co. (NYSE:PRA) announced its quarterly earnings data on Tuesday, February, 27th. The insurance provider reported ($0.05) EPS for the quarter, missing the consensus estimate of $0.04 by $0.09. The insurance provider earned $296.96 million during the quarter, compared to analysts' expectations of $252.74 million. ProAssurance had a negative net margin of 3.39% and a negative trailing twelve-month return on equity of 0.53%. The firm's revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.06 EPS. What ETFs hold ProAssurance's stock? ETFs with the largest weight of ProAssurance (NYSE:PRA) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), Syntax Stratified SmallCap ETF (SSLY) and IQ Chaikin U.S. Small Cap ETF (CSML).Inspire Small/Mid Cap ETF (ISMD). What is Edward (Ned) Rand's approval rating as ProAssurance's CEO? 13 employees have rated ProAssurance Chief Executive Officer Edward (Ned) Rand on Glassdoor.com. Edward (Ned) Rand has an approval rating of 49% among the company's employees. This puts Edward (Ned) Rand in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of ProAssurance own? Based on aggregate information from My MarketBeat watchlists, some companies that other ProAssurance investors own include AT&T (T), AbbVie (ABBV), Gilead Sciences (GILD), Walgreens Boots Alliance (WBA), Uniti Group (UNIT), Consolidated Edison (ED), Energy Transfer (ET), Ford Motor (F), General Electric (GE) and KeyCorp (KEY). Who are ProAssurance's major shareholders? ProAssurance's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.56%), Allspring Global Investments Holdings LLC (2.56%), Principal Financial Group Inc. (0.52%), Assenagon Asset Management S.A. (0.49%), New York State Teachers Retirement System (0.19%) and BNP Paribas Financial Markets (0.08%). View institutional ownership trends. How do I buy shares of ProAssurance? Shares of PRA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PRA) was last updated on 5/6/2024 by MarketBeat.com Staff From Our PartnersNever use this word on your phone (FBI could be watching)Paradigm PressConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsIs this Nvidia's secret weapon?Manward PressThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldCould Your Accounts Be Frozen?Allegiance GoldHe Is Giving Away BitcoinCrypto Swap ProfitsDollar CancelledLear CapitalElon to Transform U.S. Economy? Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ProAssurance Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
