NYSE:PRA - ProAssurance Stock Price, Forecast & News

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

ProAssurance declared a quarterly dividend on Thursday, December 12th. Stockholders of record on Friday, December 27th will be paid a dividend of $0.31 per share on Tuesday, January 14th. This represents a $1.24 annualized dividend and a dividend yield of 3.36%. The ex-dividend date of this dividend is Thursday, December 26th. View ProAssurance's Dividend History.

ProAssurance Co. (NYSE:PRA) released its quarterly earnings results on Tuesday, November, 5th. The insurance provider reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.16. The insurance provider had revenue of $2.42 billion for the quarter, compared to analyst estimates of $239.61 million. ProAssurance had a net margin of 3.86% and a return on equity of 2.19%. The business's revenue was up 870.3% on a year-over-year basis. During the same period last year, the firm earned $0.42 earnings per share. View ProAssurance's Earnings History.

ProAssurance is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for ProAssurance.

4 Wall Street analysts have issued 12-month target prices for ProAssurance's stock. Their forecasts range from $33.00 to $45.00. On average, they anticipate ProAssurance's stock price to reach $41.00 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Price Targets for ProAssurance.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ProAssurance in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ProAssurance.

News articles about PRA stock have been trending somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ProAssurance earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news articles about the insurance provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for ProAssurance.

ProAssurance saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 1,030,000 shares, an increase of 18.2% from the November 14th total of 871,500 shares. Based on an average daily trading volume, of 208,400 shares, the short-interest ratio is currently 4.9 days. Approximately 2.0% of the company's stock are sold short. View ProAssurance's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other ProAssurance investors own include Uniti Group (UNIT), Gilead Sciences (GILD), Opko Health (OPK), Walgreens Boots Alliance (WBA), New Residential Investment (NRZ), Altaba (AABA), PacWest Bancorp (PACW), Starbucks (SBUX), California Resources (CRC) and Ford Motor (F).

ProAssurance's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (3.40%), Diamond Hill Capital Management Inc. (1.88%), Boston Partners (1.29%), Man Group plc (0.53%), Parametric Portfolio Associates LLC (0.51%) and Rhumbline Advisers (0.32%). Company insiders that own ProAssurance stock include Howard H Friedman, John J Mcmahon, Jr, Magnus James Gorrie and William Stancil Starnes. View Institutional Ownership Trends for ProAssurance.

PRA stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Diamond Hill Capital Management Inc., State Street Corp, Man Group plc, Voya Investment Management LLC, Boston Partners, Barclays PLC and Squarepoint Ops LLC. View Insider Buying and Selling for ProAssurance.

PRA stock was acquired by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, California Public Employees Retirement System, State of Alaska Department of Revenue, Rhumbline Advisers, Envestnet Asset Management Inc., Professional Advisory Services Inc., Legacy Private Trust Co. and Russell Investments Group Ltd.. Company insiders that have bought ProAssurance stock in the last two years include Howard H Friedman and Magnus James Gorrie. View Insider Buying and Selling for ProAssurance.

Shares of PRA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PRA stock can currently be purchased for approximately $36.85.

ProAssurance has a market capitalization of $1.98 billion and generates $886.03 million in revenue each year. The insurance provider earns $47.06 million in net income (profit) each year or $1.48 on an earnings per share basis. ProAssurance employs 991 workers across the globe.View Additional Information About ProAssurance.

The official website for ProAssurance is http://www.proassurance.com/.

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]