ProAssurance Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ProAssurance in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ProAssurance stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRA, but not buy additional shares or sell existing shares.
View analyst ratings for ProAssurance or view top-rated stocks.

Wall Street analysts have given ProAssurance a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but ProAssurance wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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ProAssurance is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for ProAssurance.

ProAssurance Co. (NYSE:PRA) posted its quarterly earnings results on Sunday, February, 21st. The insurance provider reported $0.06 EPS for the quarter, beating the consensus estimate of $0.01 by $0.05. The insurance provider had revenue of $229.60 million for the quarter, compared to analyst estimates of $210.54 million. ProAssurance had a negative net margin of 27.87% and a negative trailing twelve-month return on equity of 6.92%. The firm's quarterly revenue was down 8.0% on a year-over-year basis. During the same period last year, the firm earned ($1.27) EPS.
View ProAssurance's earnings history.

ProAssurance's stock was trading at $21.35 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PRA shares have increased by 24.7% and is now trading at $26.62.
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ProAssurance declared a quarterly dividend on Wednesday, March 3rd. Stockholders of record on Friday, March 26th will be paid a dividend of $0.05 per share on Tuesday, April 13th. This represents a $0.20 annualized dividend and a yield of 0.75%. The ex-dividend date is Thursday, March 25th.
View ProAssurance's dividend history.

ProAssurance pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.78%.
View ProAssurance's dividend history.

5 Wall Street analysts have issued 12 month price targets for ProAssurance's stock. Their forecasts range from $14.00 to $30.00. On average, they anticipate ProAssurance's stock price to reach $23.00 in the next twelve months. This suggests that the stock has a possible downside of 13.6%.
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13 employees have rated ProAssurance CEO Edward (Ned) Rand on Glassdoor.com. Edward (Ned) Rand has an approval rating of 49% among ProAssurance's employees. This puts Edward (Ned) Rand in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to ProAssurance include Berkshire Hathaway (BRK.B), The Progressive (PGR), The Travelers Companies (TRV), The Allstate (ALL), Cincinnati Financial (CINF), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), CNA Financial (CNA), Fidelity National Financial (FNF), Erie Indemnity (ERIE), Old Republic International (ORI), First American Financial (FAF), RLI (RLI) and The Hanover Insurance Group (THG).
View all of PRA's competitors.

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).

ProAssurance trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRA."

ProAssurance's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.62%), Price T Rowe Associates Inc. MD (4.90%), Diamond Hill Capital Management Inc. (4.11%), Wells Fargo & Company MN (3.25%), Dimensional Fund Advisors LP (3.23%) and Renaissance Technologies LLC (2.28%). Company insiders that own ProAssurance stock include Frank Anthony Spinosa and John J Mcmahon, Jr.
View institutional ownership trends for ProAssurance.

PRA stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Northern Trust Corp, Diamond Hill Capital Management Inc., Renaissance Technologies LLC, Bank of New York Mellon Corp, Public Sector Pension Investment Board, Healthcare of Ontario Pension Plan Trust Fund, and Healthcare of Ontario Pension Plan Trust Fund.
View insider buying and selling activity for ProAssurance or view top insider-selling stocks.

PRA stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Boston Partners, Boston Partners, JPMorgan Chase & Co., Price T Rowe Associates Inc. MD, Charles Schwab Investment Management Inc., Canada Pension Plan Investment Board, and Brookfield Asset Management Inc..
View insider buying and selling activity for ProAssurance or or view top insider-buying stocks.

Shares of PRA 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.
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One share of PRA stock can currently be purchased for approximately $26.62.

ProAssurance has a market capitalization of $1.43 billion and generates $999.83 million in revenue each year. The insurance provider earns $1 million in net income (profit) each year or ($0.81) on an earnings per share basis.

ProAssurance employs 961 workers across the globe.

The official website for ProAssurance is www.proassurance.com.

ProAssurance is headquartered at 100 Brookwood Place, Birmingham AL, 35209.

ProAssurance's mailing address is 100 Brookwood Place, Birmingham AL, 35209. The insurance provider can be reached via phone at 205-877-4400 or via email at [email protected]