ProAssurance - PRA Stock Forecast, Price & News

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.

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.
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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.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our PRA earnings forecast.

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".

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%.

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.

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.

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.

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 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.

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.
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One share of PRA stock can currently be purchased for approximately $18.87.

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.

The company employs 1,021 workers across the globe.

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.