ProAssurance Company Profile (NYSE:PRA)

About ProAssurance (NYSE:PRA)

ProAssurance logoProAssurance Corporation (ProAssurance) is a holding company for property and casualty insurance companies. The Company provides professional liability insurance for healthcare professionals and facilities, professional liability insurance for attorneys, liability insurance for medical technology and life sciences risks, and workers' compensation insurance. The Company operates through four segments. The Specialty property and casualty segment includes the Company's professional liability business, and medical technology and life sciences business. The Workers' compensation segment includes its workers' compensation business. Lloyd's Syndicate 1729 (Syndicate 1729) segment includes business of Syndicate 1729, which underwrites risks over a range of property and casualty insurance and reinsurance lines. The Corporate segment includes the Company's investment operations managed at the corporate level and non-premium revenues generated outside of its insurance entities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: Property & Casualty Insurance
  • Symbol: NYSE:PRA
  • CUSIP: 74267C10
  • Web: www.proassurance.com
Capitalization:
  • Market Cap: $3.16 billion
  • Outstanding Shares: 53,396,000
Average Prices:
  • 50 Day Moving Avg: $59.94
  • 200 Day Moving Avg: $58.02
  • 52 Week Range: $50.50 - $63.53
P/E:
  • Trailing P/E Ratio: 18.29
  • Foreward P/E Ratio: 26.45
  • P/E Growth: 0.94
Sales & Book Value:
  • Annual Revenue: $899.83 million
  • Price / Sales: 3.52
  • Book Value: $34.19 per share
  • Price / Book: 1.73
Dividend:
  • Annual Dividend: $1.24
  • Dividend Yield: 2.1%
Profitability:
  • EBIDTA: $244.19 million
  • Net Margins: 18.29%
  • Return on Equity: 7.13%
  • Return on Assets: 2.89%
Debt:
  • Debt-to-Equity Ratio: 0.17%
  • Current Ratio: 0.52%
  • Quick Ratio: 0.52%
Misc:
  • Average Volume: 153,622 shs.
  • Beta: 0.46
  • Short Ratio: 2.29
 

Frequently Asked Questions for ProAssurance (NYSE:PRA)

What is ProAssurance's stock symbol?

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

How often does ProAssurance pay dividends? What is the dividend yield for ProAssurance?

ProAssurance declared a quarterly dividend on Thursday, March 2nd. Investors of record on Thursday, March 30th will be given a dividend of $0.31 per share on Wednesday, April 12th. This represents a $1.24 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Tuesday, March 28th. View ProAssurance's Dividend History.

How were ProAssurance's earnings last quarter?

ProAssurance Co. (NYSE:PRA) issued its earnings results on Thursday, May, 4th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.08. The firm earned $223 million during the quarter, compared to analyst estimates of $211.53 million. ProAssurance had a net margin of 18.29% and a return on equity of 7.13%. ProAssurance's quarterly revenue was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 earnings per share. View ProAssurance's Earnings History.

When will ProAssurance make its next earnings announcement?

ProAssurance is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for ProAssurance.

Where is ProAssurance's stock going? Where will ProAssurance's stock price be in 2017?

2 analysts have issued twelve-month price objectives for ProAssurance's stock. Their predictions range from $60.00 to $60.00. On average, they anticipate ProAssurance's share price to reach $60.00 in the next twelve months. View Analyst Ratings for ProAssurance.

Who are some of ProAssurance's key competitors?

Who are ProAssurance's key executives?

ProAssurance's management team includes the folowing people:

  • William Stancil Starnes Esq., Chairman of the Board, President, Chief Executive Officer
  • Edward L. Rand Jr. CPA., Chief Financial Officer, Executive Vice President
  • Michael Leonard Boguski, President of Eastern Insurance
  • Mary Todd Peterson, President of Medmarc Casualty Insurance Company
  • Ross E. Taubman, President, Chief Medical Officer of PICA
  • Jeffrey P. Lisenby, Executive Vice President, General Counsel
  • Frank B. O'Neil, Senior Vice President, Chief Communications Officer
  • Kelly B. Brewer, Chief Accounting Officer, Vice President - Finance
  • Howard H. Friedman, President, Healthcare Professional Liability Group
  • Robert E. Flowers M.D., Lead Independent Director

Who owns ProAssurance stock?

ProAssurance's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.75%), Vanguard Group Inc. (9.39%), TimesSquare Capital Management LLC (3.93%), FMR LLC (3.91%), JPMorgan Chase & Co. (3.90%) and Dimensional Fund Advisors LP (3.19%). View Institutional Ownership Trends for ProAssurance.

Who sold ProAssurance stock? Who is selling ProAssurance stock?

ProAssurance's stock was sold by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Wells Fargo & Company MN, American Century Companies Inc., Monarch Partners Asset Management LLC, Bank of Montreal Can, Credit Suisse AG, Diamond Hill Capital Management Inc. and Goldman Sachs Group Inc.. View Insider Buying and Selling for ProAssurance.

Who bought ProAssurance stock? Who is buying ProAssurance stock?

ProAssurance's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Vanguard Group Inc., Epoch Investment Partners Inc., State Street Corp, Citadel Advisors LLC, Schroder Investment Management Group and Karp Capital Management Corp. View Insider Buying and Selling for ProAssurance.

How do I buy ProAssurance stock?

Shares of ProAssurance can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ProAssurance's stock price today?

One share of ProAssurance stock can currently be purchased for approximately $59.25.


MarketBeat Community Rating for ProAssurance (NYSE PRA)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  60 (Vote Outperform)
Underperform Votes:  109 (Vote Underperform)
Total Votes:  169
MarketBeat's community ratings are surveys of what our community members think about ProAssurance and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for ProAssurance (NYSE:PRA) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $60.00 (1.27% upside)

Analysts' Ratings History for ProAssurance (NYSE:PRA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/17/2017Boenning ScattergoodReiterated RatingNeutralLowView Rating Details
1/23/2017JMP SecuritiesBoost Price TargetMarket Perform$57.00 -> $60.00N/AView Rating Details
1/21/2016SunTrust Banks, Inc.UpgradeNeutral -> Buy$48.00 -> $55.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for ProAssurance (NYSE:PRA)
Earnings by Quarter for ProAssurance (NYSE:PRA)
Earnings History by Quarter for ProAssurance (NYSE PRA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017        
5/4/2017Q1 2017$0.54$0.62$211.53 million$223.00 millionViewListenView Earnings Details
2/22/2017Q4 2016$0.64$0.83$175.19 million$237.67 millionViewN/AView Earnings Details
8/3/2016Q216$0.57$0.67$202.70 million$214.80 millionViewN/AView Earnings Details
5/9/2016Q116$0.60$0.46$224.14 million$193.40 millionViewN/AView Earnings Details
2/23/2016Q415$0.76$0.73$164.97 million$185.90 millionViewListenView Earnings Details
11/4/2015Q3$0.64$0.63$227.75 million$174.90 millionViewN/AView Earnings Details
8/6/2015Q215$0.64$0.64$190.80 million$203.40 millionViewListenView Earnings Details
5/7/2015Q1$0.67$0.61$212.52 million$207.80 millionViewListenView Earnings Details
2/24/2015Q414$0.63$1.04$210.03 million$209.79 millionViewListenView Earnings Details
11/5/2014Q314$0.74$0.68$211.90 million$203.80 millionViewListenView Earnings Details
8/5/2014Q214$0.69$0.69$177.24 million$222.50 millionViewListenView Earnings Details
5/6/2014Q114$0.70$0.73$199.69 million$208.05 millionViewListenView Earnings Details
2/20/2014Q413$1.08$1.14$174.40 millionViewListenView Earnings Details
11/7/2013Q313$0.81$0.88$168.51 millionViewListenView Earnings Details
8/5/2013Q2 2013$0.87$0.72$166.53 million$170.80 millionViewListenView Earnings Details
5/6/2013Q1 2013$0.73$0.97$176.89 million$194.97 millionViewListenView Earnings Details
2/19/2013Q4 2012$1.35$1.56$175.49 million$195.42 millionViewListenView Earnings Details
11/6/2012Q312$1.58$1.71$169.29 million$156.50 millionViewN/AView Earnings Details
8/6/2012$1.48$1.92ViewN/AView Earnings Details
5/7/2012$1.36$1.56ViewN/AView Earnings Details
2/22/2012$1.58$4.27ViewN/AView Earnings Details
11/2/2011$1.24$1.57ViewN/AView Earnings Details
8/3/2011$1.25$1.74ViewN/AView Earnings Details
5/5/2011$1.16$1.46ViewN/AView Earnings Details
2/23/2011$1.35$3.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for ProAssurance (NYSE:PRA)
2017 EPS Consensus Estimate: $2.31
2018 EPS Consensus Estimate: $2.55
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.51$0.58$0.54
Q2 20173$0.52$0.59$0.55
Q3 20173$0.52$0.63$0.56
Q4 20173$0.65$0.66$0.65
Q1 20181$0.61$0.61$0.61
Q2 20181$0.62$0.62$0.62
Q3 20181$0.65$0.65$0.65
Q4 20181$0.67$0.67$0.67
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for ProAssurance (NYSE:PRA)
Most Recent Dividend:4/12/2017
Annual Dividend:$1.24
Dividend Yield:2.09%
Dividend Growth:18.20% (3 Year Average)
Payout Ratio:50.61% (Trailing 12 Months of Earnings)
53.45% (Based on This Year's Estimates)
55.36% (Based on Next Year's Estimates)
Dividend Payments by Quarter for ProAssurance (NYSE:PRA)

Dividend History by Quarter for ProAssurance (NYSE PRA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/2/2017quarterly$0.312.06%3/28/20173/30/20174/12/2017
3/1/2017quarterly$0.313/30/20174/2/2017
11/30/2016quarterly$0.312.17%12/21/201612/23/20161/9/2017
9/7/2016quarterly$0.312.29%9/26/20169/28/201610/7/2016
5/25/2016quarterly$0.312.4%6/22/20166/24/20167/8/2016
3/2/2016quarterly$0.312.49%3/28/20163/30/20164/12/2016
12/2/2015special$1.002.38%12/22/201512/24/20151/8/2016
9/2/2015quarterly$0.312.56%9/22/20159/24/201510/7/2015
5/27/2015quarterly$0.312.75%6/23/20156/25/20157/9/2015
3/3/2015quarterly$0.312.76%3/24/20153/26/20154/8/2015
12/3/2014special$2.652.65%12/26/201412/30/20141/9/2015
9/3/2014quarterly$0.302.61%9/24/20149/26/201410/9/2014
5/28/2014quarterly$0.302.65%6/25/20146/27/20147/11/2014
3/5/2014quarterly$0.302.66%3/26/20143/28/20144/10/2014
12/4/2013quarterly$0.302.49%12/24/201312/27/20131/9/2014
9/11/2013quarterly$0.252.14%9/25/20139/27/201311/10/2013
5/22/2013quarterly$0.252%6/25/20136/27/20137/12/2013
3/6/2013quarterly$0.252.14%3/26/20133/29/20134/11/2013
12/9/2012special$1.2512/13/201212/17/201212/27/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for ProAssurance (NYSE:PRA)
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 79.43%
Insider Trades by Quarter for ProAssurance (NYSE:PRA)
Institutional Ownership by Quarter for ProAssurance (NYSE:PRA)
Insider Trades by Quarter for ProAssurance (NYSE:PRA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/8/2015Ziad HaydarDirectorBuy3,065$48.75$149,418.75View SEC Filing  
8/25/2014Piazza Samuel A Jr. DiDirectorBuy5,000$45.84$229,200.00View SEC Filing  
8/7/2014Anthony R TersigniDirectorBuy2,000$43.65$87,300.00View SEC Filing  
5/29/2013Thomas A.S. Wilson JrDirectorBuy1,000$49.87$49,870.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for ProAssurance (NYSE:PRA)
Latest Headlines for ProAssurance (NYSE:PRA)
Source:
DateHeadline
americanbankingnews.com logoProAssurance Co. (PRA) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - May 29 at 2:50 PM
finance.yahoo.com logoHere's Why Should Retain XL Group (XL) in Your Portfolio
finance.yahoo.com - May 24 at 9:59 AM
finance.yahoo.com logoWhy Should You Retain Arthur J. Gallagher (AJG) In Portfolio?
finance.yahoo.com - May 24 at 9:59 AM
finance.yahoo.com logoETFs with exposure to ProAssurance Corp. : May 23, 2017
finance.yahoo.com - May 23 at 6:46 PM
americanbankingnews.com logoProAssurance Co. (PRA) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 23 at 1:50 PM
americanbankingnews.com logoZacks Investment Research Lowers ProAssurance Co. (PRA) to Hold
www.americanbankingnews.com - May 22 at 2:38 PM
finance.yahoo.com logoETFs with exposure to ProAssurance Corp. : May 9, 2017
finance.yahoo.com - May 9 at 6:51 PM
finance.yahoo.com logoProAssurance Corp. :PRA-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 11:57 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for ProAssurance Co. Cut by SunTrust Banks (PRA)
www.americanbankingnews.com - May 8 at 7:41 AM
finance.yahoo.com logoEdited Transcript of PRA earnings conference call or presentation 5-May-17 2:00pm GMT
finance.yahoo.com - May 6 at 12:35 AM
americanbankingnews.com logo$0.55 EPS Expected for ProAssurance Co. (PRA) This Quarter
www.americanbankingnews.com - May 6 at 12:07 AM
americanbankingnews.com logoProAssurance (PRA) Earning Somewhat Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - May 6 at 12:06 AM
finance.yahoo.com logoProAssurance Corp. breached its 50 day moving average in a Bearish Manner : PRA-US : May 5, 2017
finance.yahoo.com - May 5 at 7:35 PM
finance.yahoo.com logoProAssurance (PRA) Q1 Earnings Beat, Revenues Miss Estimates
finance.yahoo.com - May 5 at 7:35 PM
finance.yahoo.com logoProAssurance tops 1Q profit forecasts
finance.yahoo.com - May 5 at 8:32 AM
americanbankingnews.com logoProAssurance Co. (PRA) Posts Quarterly Earnings Results, Beats Estimates By $0.08 EPS
www.americanbankingnews.com - May 5 at 12:38 AM
finance.yahoo.com logoProAssurance Reports Results for First Quarter 2017
finance.yahoo.com - May 4 at 7:31 PM
americanbankingnews.com logoProAssurance Co. (PRA) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 1 at 5:16 PM
americanbankingnews.com logoProAssurance (PRA) Receiving Somewhat Critical News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 24 at 2:16 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Likely to Impact ProAssurance (PRA) Share Price
www.americanbankingnews.com - April 18 at 12:57 AM
americanbankingnews.com logo Analysts Set $70.00 Price Target for ProAssurance Co. (PRA)
www.americanbankingnews.com - April 18 at 12:32 AM
americanbankingnews.com logoBoenning Scattergood Reaffirms "Neutral" Rating for ProAssurance Co. (PRA)
www.americanbankingnews.com - April 17 at 11:14 AM
americanbankingnews.com logoProAssurance Co. (PRA) Expected to Announce Earnings of $0.55 Per Share
www.americanbankingnews.com - April 15 at 12:04 AM
americanbankingnews.com logoProAssurance Co. to Post Q1 2017 Earnings of $0.51 Per Share, Boenning Scattergood Forecasts (PRA)
www.americanbankingnews.com - April 13 at 7:44 AM
americanbankingnews.com logoProAssurance Co. (PRA) Rating Reiterated by Boenning Scattergood
www.americanbankingnews.com - April 13 at 7:40 AM
finance.yahoo.com logoProAssurance Corp. : PRA-US: Dividend Analysis : March 30th, 2017 (record date) : By the numbers : April 10, 2017
finance.yahoo.com - April 10 at 6:52 PM
finance.yahoo.com logoProAssurance Corporation Announces Dates for First Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - April 7 at 11:59 AM
americanbankingnews.com logoZacks: Brokerages Set $70.00 Price Target for ProAssurance Co. (PRA)
www.americanbankingnews.com - March 29 at 12:31 PM
finance.yahoo.com logoWhy Is ProAssurance (PRA) Down 4.3% Since the Last Earnings Report?
finance.yahoo.com - March 29 at 9:00 AM
finance.yahoo.com logoProAssurance to Present at the 2017 NYSSA Insurance Conference
finance.yahoo.com - March 17 at 7:27 PM
biz.yahoo.com logoPROASSURANCE CORP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 9 at 7:11 PM
us.rd.yahoo.com logoProAssurance to Present at Raymond James' 2017 Investor Conference
us.rd.yahoo.com - March 1 at 7:34 PM
finance.yahoo.com logoProAssurance Declares Quarterly Dividend
finance.yahoo.com - March 1 at 7:34 PM
biz.yahoo.com logoPROASSURANCE CORP Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - March 1 at 7:34 PM
seekingalpha.com logoProAssurance's (PRA) CEO Stan Starnes on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - February 24 at 12:25 AM
nasdaq.com logoProAssurance (PRA) Beats Q4 Earnings & Revenue Estimates - Nasdaq
www.nasdaq.com - February 24 at 12:25 AM
finance.yahoo.com logoEdited Transcript of PRA earnings conference call or presentation 23-Feb-17 3:00pm GMT
finance.yahoo.com - February 24 at 12:25 AM
zacks.com logoProAssurance (PRA) Beats Q4 Earnings & Revenue Estimates
www.zacks.com - February 23 at 8:50 AM
biz.yahoo.com logoPROASSURANCE CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 23 at 8:50 AM
us.rd.yahoo.com logoProAssurance Reports Results for Fourth Quarter 2016
us.rd.yahoo.com - February 23 at 12:29 AM
finance.yahoo.com logoProAssurance Reports Results for Fourth Quarter 2016 - Yahoo Finance
finance.yahoo.com - February 22 at 7:28 PM
nasdaq.com logoProAssurance Corp. Q4 Income Advances 14% - Nasdaq
www.nasdaq.com - February 22 at 7:28 PM
finance.yahoo.com logoProAssurance Corporation Announces Dates for Fourth Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - January 23 at 9:20 AM
us.rd.yahoo.com logoProAssurance Announces Special and Regular Dividends Totaling $5.00 per Share
us.rd.yahoo.com - November 30 at 7:30 PM
us.rd.yahoo.com logo4:17 pm ProAssurance declares a special dividend of $4.69/share
us.rd.yahoo.com - November 30 at 7:30 PM
finance.yahoo.com logoFitch Affirms ProAssurance's Ratings; Outlook Stable
finance.yahoo.com - November 15 at 7:33 PM
biz.yahoo.com logoPROASSURANCE CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - November 14 at 11:01 AM
finance.yahoo.com logoPROASSURANCE CORP Financials
finance.yahoo.com - November 10 at 6:48 PM
finance.yahoo.com logoEdited Transcript of PRA earnings conference call or presentation 3-Nov-16 2:00pm GMT
finance.yahoo.com - November 4 at 10:39 AM
finance.yahoo.com logoProAssurance (PRA) Q3 Earnings, Revenues Beat Estimates
finance.yahoo.com - November 3 at 11:02 AM

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Chart

ProAssurance (PRA) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff