NYSE:PRA ProAssurance - PRA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $18.87 -0.19 (-1.00%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$18.75▼$19.1950-Day Range$16.99▼$19.9952-Week Range$16.90▼$27.55Volume193,027 shsAverage Volume299,696 shsMarket Capitalization$1.02 billionP/E Ratio58.97Dividend Yield1.05%Price Target$23.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability ProAssurance MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside21.9% Upside$23.00 Price TargetShort InterestHealthy1.19% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.19Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth132.56%From $0.43 to $1.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.39 out of 5 starsFinance Sector404th out of 900 stocksFire, Marine, & Casualty Insurance Industry20th out of 48 stocks 1.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $23.00, ProAssurance has a forecasted upside of 21.9% from its current price of $18.87.Amount of Analyst CoverageProAssurance has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.19% of the float of ProAssurance has been sold short.Short Interest Ratio / Days to CoverProAssurance has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ProAssurance has recently decreased by 7.49%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldProAssurance pays a meaningful dividend of 1.05%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthProAssurance does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of ProAssurance is 62.50%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, ProAssurance will have a dividend payout ratio of 20.00% next year. This indicates that ProAssurance will be able to sustain or increase its dividend. 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 1.4 News and Social Media Coverage News SentimentProAssurance has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for ProAssurance this week, compared to 3 articles on an average week. 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 1.20% of the stock of ProAssurance is held by insiders.Percentage Held by Institutions84.80% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for ProAssurance are expected to grow by 132.56% in the coming year, from $0.43 to $1.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ProAssurance is 58.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.03.Price to Earnings Ratio vs. SectorThe P/E ratio of ProAssurance is 58.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 180.33.Price to Book Value per Share RatioProAssurance has a P/B Ratio of 0.71. 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 About ProAssurance (NYSE:PRA) StockProAssurance 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, Segregated Portfolio Cell Reinsurance, and Lloyd's Syndicate segments. It offers professional liability insurance for healthcare providers and institutions, and attorneys; liability insurance for medical technology and life sciences risks; and workers' compensation insurance, 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 Lloyd's of London Syndicate 1729, which underwrites property and casualty insurance, and reinsurance. It markets its products through independent agencies and brokers, as well as an internal sales force. The company was founded in 1976 and is headquartered in Birmingham, Alabama.Read More 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 PRA Stock News HeadlinesJanuary 18, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in ProAssurance (PRA) Stock?January 17, 2023 | finance.yahoo.comProAssurance Fourth Quarter and Year-End 2022 Results Release and TeleconferenceJanuary 28, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 2, 2023 | finance.yahoo.comAre ProAssurance Corporation's (NYSE:PRA) Mixed Financials Driving The Negative Sentiment?December 20, 2022 | finance.yahoo.comIs ProAssurance Corporation (PRA) an Attractive Investment Avenue?December 8, 2022 | finance.yahoo.comProAssurance (PRA) Down 0.8% Since Last Earnings Report: Can It Rebound?November 30, 2022 | finance.yahoo.comProAssurance Declares Quarterly Dividend and Announces Date for 2023 Annual Shareholder MeetingNovember 17, 2022 | finance.yahoo.comProAssurance (NYSE:PRA) shareholders have endured a 60% loss from investing in the stock five years agoJanuary 28, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…November 15, 2022 | finance.yahoo.comProAssurance (PRA) Declines 12.9% Since Q3 Earnings MissNovember 8, 2022 | finance.yahoo.comProAssurance (PRA) Reports Q3 Loss, Tops Revenue EstimatesNovember 8, 2022 | finance.yahoo.comProAssurance Reports Results for Third Quarter 2022November 8, 2022 | finance.yahoo.comAll You Need to Know About ProAssurance (PRA) Rating Upgrade to BuyOctober 21, 2022 | finance.yahoo.comProAssurance Corporation (NYSE:PRA) is favoured by institutional owners who hold 89% of the companyOctober 11, 2022 | nasdaq.comWhy Hold is an Apt Strategy for Hanover Insurance (THG) Now - NasdaqOctober 10, 2022 | nasdaq.comWhy You Should Add American Financial (AFG) to Your Portfolio - NasdaqOctober 10, 2022 | nasdaq.comHere's Why You Should Hold Sun Life Financial (SLF) Stock - NasdaqOctober 7, 2022 | nasdaq.comHere's Why Hold is an Apt Strategy for Cboe Global (CBOE) Now - NasdaqOctober 7, 2022 | nasdaq.comReasons Why You Should Hold Reinsurance Group (RGA) Stock - NasdaqOctober 6, 2022 | bizjournals.comProAssurance leads $1M funding round for Sure Med Compliance - Birmingham Business Journal - The Business JournalsOctober 6, 2022 | nasdaq.comHere's Why You Should Add Progressive (PGR) Stock to Your Kitty - NasdaqOctober 6, 2022 | nasdaq.comW. R. Berkley (WRB) Expands Its Product Recall Business - NasdaqOctober 6, 2022 | nasdaq.comReasons Why Unum Group (UNM) Stock is an Attractive Pick Now - NasdaqOctober 5, 2022 | businesswire.comProAssurance Third Quarter 2022 Results Release and Teleconference - Business WireOctober 4, 2022 | finance.yahoo.comProAssurance Third Quarter 2022 Results Release and TeleconferenceOctober 3, 2022 | nasdaq.comCNA Financial (CNA) Banks on Premium Growth Amid Cost Concerns - NasdaqSeptember 30, 2022 | nasdaq.comHere's Why Hold Strategy is Apt for Palomar Holdings (PLMR) - NasdaqSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 PRA Company Calendar Last Earnings11/08/2022Ex-Dividend for 1/10 Dividend12/21/2022Dividend Payable1/10/2023Today1/28/2023Next Earnings (Confirmed)2/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNYSE:PRA CUSIP74267C10 CIK1127703 Webwww.proassurance.com Phone(205) 877-4400Fax205-868-4073Employees1,021Year FoundedN/APrice Target and Rating Average Stock Price Forecast$23.00 High Stock Price Forecast$23.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+21.9%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$0.32 Trailing P/E Ratio58.97 Forward P/E Ratio43.88 P/E GrowthN/ANet Income$144.12 million Net Margins1.58% Pretax Margin1.49% Return on Equity4.41% Return on Assets0.91% Debt Debt-to-Equity Ratio0.40 Current Ratio0.28 Quick Ratio0.28 Sales & Book Value Annual Sales$1.12 billion Price / Sales0.91 Cash Flow$2.08 per share Price / Cash Flow9.09 Book Value$26.46 per share Price / Book0.71Miscellaneous Outstanding Shares53,960,000Free Float53,316,000Market Cap$1.02 billion OptionableOptionable Beta0.36 Key ExecutivesMr. Edward Lewis Rand Jr. (Age 56)CPA, CEO, Pres & Director Comp: $2.2MMs. Dana Shannon Hendricks CPA (Age 55)CPA, Exec. VP, Treasurer & CFO Comp: $875.43kMr. Jeffrey Patton Lisenby Esq. (Age 54)Exec. VP, Gen. Counsel, Corp. Sec. & Head of the Corp. Legal Dept Comp: $931.96kMr. Michael Leonard Boguski CPCU (Age 60)Pres of Specialty Property & Casualty Segment Comp: $1.4MMr. Kevin Merrick Shook CPA (Age 54)Pres of Workers Compensation Insurance - Eastern Alliance Insurance Group Comp: $868.93kMr. Lawrence K. CochranChief Investment Officer, Head of Treasury & VPMichael A. StoeckertCTO & VPMr. Frank B. O'Neil IRC (Age 70)Sr. VP of Corp. Communications & Investor Relations Ms. Kathryn Anne Neville Esq.Chief Compliance Officer & VPMs. Noreen L. Dishart CCP (Age 59)SPHR, Chief HR Officer & Exec. VP More ExecutivesKey CompetitorsAMERISAFENASDAQ:AMSFEmployersNYSE:EIGSafety Insurance GroupNASDAQ:SAFTUnited Fire GroupNASDAQ:UFCSDonegal GroupNASDAQ:DGICAView All CompetitorsInsiders & InstitutionsComerica BankSold 9,125 shares on 1/26/2023Ownership: 0.059%Inspire Investing LLCBought 2,925 shares on 1/26/2023Ownership: 0.025%Allspring Global Investments Holdings LLCBought 3,494 shares on 1/23/2023Ownership: 2.830%Exchange Traded Concepts LLCBought 815 shares on 1/18/2023Ownership: 0.055%Maryland State Retirement & Pension SystemBought 22,308 shares on 1/18/2023Ownership: 0.041%View All Institutional Transactions PRA Stock - Frequently Asked Questions What is ProAssurance's stock price forecast for 2023? 0 Wall Street research analysts have issued twelve-month target prices for ProAssurance's stock. Their PRA share price forecasts range from $23.00 to $23.00. On average, they anticipate the company's share price to reach $23.00 in the next twelve months. This suggests a possible upside of 21.9% 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 2023? ProAssurance's stock was trading at $17.47 at the beginning of the year. Since then, PRA stock has increased by 8.0% and is now trading at $18.87. View the best growth stocks for 2023 here. Are investors shorting ProAssurance? ProAssurance saw a decrease in short interest in January. As of January 15th, there was short interest totaling 685,000 shares, a decrease of 17.0% from the December 31st total of 825,500 shares. Based on an average trading volume of 331,600 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.3% of the shares of the company are short sold. 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, February 27th 2023. View our PRA earnings forecast. How can I listen to ProAssurance's earnings call? ProAssurance will be holding an earnings conference call on Tuesday, February 28th 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 "529421". How were ProAssurance's earnings last quarter? ProAssurance Co. (NYSE:PRA) released its quarterly earnings data on Tuesday, November, 8th. The insurance provider reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of $0.20 by $0.26. The insurance provider earned $288.20 million during the quarter, compared to the consensus estimate of $288.12 million. ProAssurance had a net margin of 1.58% and a trailing twelve-month return on equity of 4.41%. How often does ProAssurance pay dividends? What is the dividend yield for ProAssurance? ProAssurance declared a quarterly dividend on Wednesday, November 30th. Shareholders of record on Thursday, December 22nd will be given a dividend of $0.05 per share on Tuesday, January 10th. This represents a $0.20 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Wednesday, December 21st. Read our dividend analysis for PRA. Is ProAssurance a good dividend stock? ProAssurance (NYSE:PRA) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.05%. The dividend payout ratio is 62.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRA will have a dividend payout ratio of 20.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PRA. 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). What is ProAssurance's stock symbol? ProAssurance trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRA." Who are ProAssurance's major shareholders? ProAssurance's stock is owned by many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.83%), Assenagon Asset Management S.A. (0.21%), Yousif Capital Management LLC (0.06%), Comerica Bank (0.06%), Exchange Traded Concepts LLC (0.06%) and Maryland State Retirement & Pension System (0.04%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is ProAssurance's stock price today? One share of PRA stock can currently be purchased for approximately $18.87. How much money does ProAssurance make? ProAssurance (NYSE:PRA) has a market capitalization of $1.02 billion and generates $1.12 billion in revenue each year. The insurance provider earns $144.12 million in net income (profit) each year or $0.32 on an earnings per share basis. How many employees does ProAssurance have? The company employs 1,021 workers across the globe. How can I contact ProAssurance? ProAssurance's mailing address is 100 Brookwood Place, Birmingham AL, 35209. The official website for the company is www.proassurance.com. The insurance provider can be reached via phone at (205) 877-4400, via email at kenmcewen@proassurance.com, or via fax at 205-868-4073. This page (NYSE:PRA) was last updated on 1/28/2023 by MarketBeat.com Staff 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. 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