NYSE:PRA ProAssurance (PRA) Stock Forecast, Price & News $18.75 +0.18 (+0.97%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$18.62▼$19.0050-Day Range$16.14▼$19.0052-Week Range$11.87▼$22.82Volume303,071 shsAverage Volume321,210 shsMarket Capitalization$976.13 millionP/E Ratio104.17Dividend YieldN/APrice Target$19.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability ProAssurance MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside4.0% Upside$19.50 Price TargetShort InterestHealthy1.38% of Float Sold ShortDividend StrengthN/ASustainability-0.19Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth144.12%From $0.34 to $0.83 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.2.00 out of 5 starsFinance Sector670th out of 870 stocksFire, Marine, & Casualty Insurance Industry33rd out of 47 stocks 1.3 Analyst's Opinion Consensus RatingProAssurance has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.50, ProAssurance has a forecasted upside of 4.0% from its current price of $18.75.Amount of Analyst CoverageProAssurance has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.38% of the float of ProAssurance has been sold short.Short Interest Ratio / Days to CoverProAssurance has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ProAssurance has recently decreased by 7.25%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldProAssurance does not currently pay a dividend.Dividend GrowthProAssurance has only been increasing its dividend for 1 years.Dividend SustainabilityBased on EPS estimates, ProAssurance will have a dividend payout ratio of 233.73% in the coming year. This indicates that ProAssurance may not be able to sustain their current 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 0.6 News and Social Media Coverage 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 Institutions85.14% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for ProAssurance are expected to grow by 144.12% in the coming year, from $0.34 to $0.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ProAssurance is 104.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.76.Price to Earnings Ratio vs. SectorThe P/E ratio of ProAssurance is 104.17, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 78.03.Price to Book Value per Share RatioProAssurance has a P/B Ratio of 0.92. 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 Syndicates 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 business development team. The company was founded in 1976 and is headquartered in Birmingham, Alabama.Read More PRA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRA Stock News HeadlinesSeptember 19, 2023 | finance.yahoo.comShould You Buy ProAssurance (PRA) After Golden Cross?September 19, 2023 | americanbankingnews.comProAssurance (NYSE:PRA) Shares Pass Above 200 Day Moving Average of $16.62September 27, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.September 18, 2023 | finance.yahoo.comProgressive's (PGR) August Earnings and Revenues Rise Y/YSeptember 13, 2023 | finance.yahoo.comProAssurance Corporation's (NYSE:PRA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?September 12, 2023 | markets.businessinsider.comUpdate on Capital Planning*September 11, 2023 | msn.comPlanned rule changes for SME lending a ‘dramatic backward step’, challenger banks warnSeptember 7, 2023 | finance.yahoo.comProAssurance (PRA) Down 4.2% Since Last Earnings Report: Can It Rebound?September 27, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.August 31, 2023 | msn.comProassurance (PRA) Price Target Increased by 13.89% to 20.91August 23, 2023 | finance.yahoo.comWhy Investors Are Snapping Up ProAssurance (PRA) Stock NowAugust 17, 2023 | bizjournals.comProAssurance turns earnings around in second quarterAugust 16, 2023 | finance.yahoo.comProAssurance Announces Retirement of PICA Group President, Dr. Ross E. TaubmanAugust 13, 2023 | markets.businessinsider.comTruist Financial Sticks to Their Hold Rating for ProAssurance (PRA)August 11, 2023 | seekingalpha.comProAssurance Non-GAAP EPS of $0.16 beats by $0.04, revenue of $291.83M beats by $19.91MAugust 11, 2023 | finance.yahoo.comProAssurance Corporation (NYSE:PRA) Q2 2023 Earnings Call TranscriptAugust 9, 2023 | finance.yahoo.comQ2 2023 ProAssurance Corp Earnings CallAugust 9, 2023 | finance.yahoo.comProAssurance (PRA) Q2 Earnings Beat on Strong Investment IncomeAugust 9, 2023 | markets.businessinsider.comProAssurance (PRA) Receives a Buy from JMP SecuritiesAugust 9, 2023 | finance.yahoo.comProAssurance (PRA) Reports Q2 Earnings: What Key Metrics Have to SayAugust 8, 2023 | finance.yahoo.comProAssurance (PRA) Q2 Earnings and Revenues Top EstimatesAugust 8, 2023 | markets.businessinsider.comProAssurance Corp. Q2 Earnings SummaryAugust 8, 2023 | finance.yahoo.comProAssurance Reports Results for Second Quarter 2023August 8, 2023 | finance.yahoo.comProAssurance (PRA) to Post Q2 Earnings: What's in the Cards?August 3, 2023 | msn.comProassurance (PRA) Price Target Decreased by 5.26% to 18.36August 1, 2023 | finance.yahoo.comHere’s Why ProAssurance Corporation (PRA) Declined in Q2July 24, 2023 | finance.yahoo.comRLI Corp. (RLI) Q2 Earnings and Revenues Lag EstimatesSee 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 PRA Company Calendar Last Earnings8/08/2023Today9/27/2023Next Earnings (Estimated)11/14/2023Fiscal 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) 877-4400Fax205-868-4073Employees1,083Year FoundedN/APrice Target and Rating Average Stock Price Forecast$19.50 High Stock Price Forecast$25.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+3.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.18 Trailing P/E Ratio104.34 Forward P/E Ratio55.24 P/E GrowthN/ANet Income$-400,000.00 Net Margins0.82% Pretax Margin0.72% Return on Equity0.09% Return on Assets0.02% Debt Debt-to-Equity Ratio0.38 Current Ratio0.29 Quick Ratio0.29 Sales & Book Value Annual Sales$1.11 billion Price / Sales0.88 Cash Flow$1.15 per share Price / Cash Flow16.39 Book Value$20.46 per share Price / Book0.92Miscellaneous Outstanding Shares52,060,000Free Float51,560,000Market Cap$977.69 million OptionableOptionable Beta0.42 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Edward Lewis Rand Jr. (Age 56)CPA, Pres, CEO & Director Comp: $2.37MMs. Dana Shannon Hendricks CPA (Age 55)CPA, Exec. VP, Treasurer & CFO Comp: $950.48kMr. Jeffrey Patton Lisenby Esq. (Age 54)EVP, Gen. Counsel & Sec. Comp: $1.01MMr. Michael Leonard Boguski CPCU (Age 60)Exec. Officer Comp: $1.46MMr. Kevin Merrick Shook CPA (Age 54)Pres of Workers Compensation Insurance - Eastern Alliance Insurance Group Comp: $948.86kMr. 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:AMSFSafety Insurance GroupNASDAQ:SAFTEmployersNYSE:EIGUnited Fire GroupNASDAQ:UFCSDonegal GroupNASDAQ:DGICAView All CompetitorsInstitutional OwnershipIntrepid Capital Management Inc.Bought 2,092 shares on 9/26/2023Ownership: 0.004%Comerica BankBought 214,823 shares on 8/22/2023Ownership: 0.413%California State Teachers Retirement SystemSold 1,990 shares on 8/21/2023Ownership: 0.126%Teachers Retirement System of The State of KentuckyBought 948 shares on 8/21/2023Ownership: 0.031%Waverly Advisors LLCSold 903 shares on 8/15/2023Ownership: 0.056%View All Institutional Transactions PRA Stock - Frequently Asked Questions Should I buy or sell ProAssurance stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ProAssurance in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PRA shares. View PRA analyst ratings or view top-rated stocks. What is ProAssurance's stock price forecast for 2023? 2 brokers have issued 1-year target prices for ProAssurance's shares. Their PRA share price forecasts range from $16.00 to $25.00. On average, they expect the company's share price to reach $19.50 in the next year. This suggests a possible upside of 3.8% 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 2023. Since then, PRA stock has increased by 7.5% and is now trading at $18.78. View the best growth stocks for 2023 here. Are investors shorting ProAssurance? ProAssurance saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 764,000 shares, an increase of 24.1% from the August 15th total of 615,700 shares. Based on an average daily volume of 303,400 shares, the short-interest ratio is presently 2.5 days. Currently, 1.5% of the shares of the stock 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 Tuesday, November 14th 2023. View our PRA earnings forecast. How were ProAssurance's earnings last quarter? ProAssurance Co. (NYSE:PRA) released its quarterly earnings data on Tuesday, August, 8th. The insurance provider reported $0.16 EPS for the quarter, topping the consensus estimate of $0.08 by $0.08. The insurance provider had revenue of $291.83 million for the quarter, compared to the consensus estimate of $237.33 million. ProAssurance had a net margin of 0.82% and a trailing twelve-month return on equity of 0.09%. The firm's quarterly revenue was up 14.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 earnings per share. How often does ProAssurance pay dividends? What is the dividend yield for ProAssurance? ProAssurance announced a quarterly dividend on Wednesday, March 8th. Shareholders of record on Wednesday, March 29th will be given a dividend of $0.05 per share on Thursday, April 13th. This represents a $0.20 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Tuesday, March 28th. Read our dividend analysis for PRA. 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).iShares U.S. Insurance ETF (IAK). 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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.04%), Dimensional Fund Advisors LP (4.37%), State Street Corp (3.83%), TimesSquare Capital Management LLC (2.97%), Allspring Global Investments Holdings LLC (2.69%) and Allspring Global Investments Holdings LLC (2.69%). 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 $18.78. How much money does ProAssurance make? ProAssurance (NYSE:PRA) has a market capitalization of $977.69 million and generates $1.11 billion in revenue each year. The insurance provider earns $-400,000.00 in net income (profit) each year or $0.18 on an earnings per share basis. How many employees does ProAssurance have? The company employs 1,083 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 9/27/2023 by MarketBeat.com Staff 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. 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