NYSE:PRA ProAssurance Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $14.53 -0.03 (-0.21 %) (As of 09/22/2020 04:15 PM ET) Add Compare Share Today's Range$14.40Now: $14.53▼$15.0050-Day Range$13.80MA: $14.94▼$16.2252-Week Range$12.67Now: $14.53▼$42.03Volume465,036 shsAverage Volume421,423 shsMarket Capitalization$783.01 millionP/E RatioN/ADividend Yield1.37%Beta0.28 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ProAssurance 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 Syndicate segments. It offers 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 for employers, groups, and associations. The company also participates in Lloyd's of London Syndicate 1729, which underwrites property and casualty insurance, and reinsurance; and Syndicate 6131 that underwrites contingency and specialty property insurance. ProAssurance Corporation markets its products through independent agencies and brokers, as well as an internal sales force. The company was founded in 1976 and is headquartered in Birmingham, Alabama.Read More Beat the Market (BTM) Rank™ 2.9 Analyst's Opinion Consensus RatingProAssurance has received a consensus rating of Hold. The company's average rating score is 1.83, and is based on 1 buy rating, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.25, ProAssurance has a forecasted upside of 73.9% from its current price of $14.52.Amount of Analyst CoverageProAssurance has only been the subject of 2 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesProAssurance has received 247 “outperform” votes. (Add your “outperform” vote.)Underperform VotesProAssurance has received 293 “underperform” votes. (Add your “underperform” vote.)Community SentimentProAssurance has received 54.26% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about ProAssurance and other stocks. Vote “Outperform” if you believe PRA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PRA will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.8 Dividend Strength Dividend YieldProAssurance has a dividend yield of 1.36%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthProAssurance has only been increasing its dividend for 1 years.Dividend SustainabilityBased on earnings estimates, ProAssurance will have a dividend payout ratio of 64.52% next year. This indicates that ProAssurance will be able to sustain or increase its dividend. Previous Next 1.0 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 1.70% of the stock of ProAssurance is held by insiders.Percentage Held by Institutions83.17% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for ProAssurance are expected to grow in the coming year, from ($0.43) to $0.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ProAssurance is -9.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of ProAssurance is -9.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioProAssurance has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.9Community Rank: 2.3Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.66 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNYSE:PRA Previous Symbol CUSIP74267C10 CIK1127703 Webwww.proassurance.com Phone205-877-4400Debt Debt-to-Equity Ratio0.19 Current Ratio0.51 Quick Ratio0.51Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$999.83 million Price / Sales0.78 Cash FlowN/A Price / Cash FlowN/A Book Value$28.11 per share Price / Book0.52Profitability EPS (Most Recent Fiscal Year)($0.81) Net Income$1 million Net Margins-9.04% Return on Equity-5.71% Return on Assets-1.79%Miscellaneous Employees991 Outstanding Shares53,889,000Market Cap$783.01 million Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $14.53 -0.03 (-0.21 %) (As of 09/22/2020 04:15 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PRA News and Ratings via Email Sign-up to receive the latest news and ratings for PRA and its competitors with MarketBeat's FREE daily newsletter. ProAssurance (NYSE:PRA) Frequently Asked Questions How has ProAssurance's stock price been impacted by Coronavirus (COVID-19)? ProAssurance's stock was trading at $21.35 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PRA stock has decreased by 31.9% and is now trading at $14.53. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of ProAssurance? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ProAssurance in the last year. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for ProAssurance. When is ProAssurance's next earnings date? ProAssurance is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for ProAssurance. How were ProAssurance's earnings last quarter? ProAssurance Co. (NYSE:PRA) released its earnings results on Monday, August, 10th. The insurance provider reported ($0.60) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.67) by $0.07. The insurance provider earned $221.74 million during the quarter, compared to analyst estimates of $231.76 million. ProAssurance had a negative return on equity of 5.71% and a negative net margin of 9.04%. The firm's quarterly revenue was down 7.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.08 earnings per share. View ProAssurance's earnings history. How often does ProAssurance pay dividends? What is the dividend yield for ProAssurance? ProAssurance announced a quarterly dividend on Wednesday, September 2nd. Investors of record on Thursday, September 24th will be paid a dividend of $0.05 per share on Friday, October 9th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Wednesday, September 23rd. View ProAssurance's dividend history. What price target have analysts set for PRA? 6 brokers have issued 12 month price targets for ProAssurance's stock. Their forecasts range from $14.00 to $36.00. On average, they anticipate ProAssurance's stock price to reach $25.25 in the next year. This suggests a possible upside of 73.8% from the stock's current price. View analysts' price targets for ProAssurance. Are investors shorting ProAssurance? ProAssurance saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 795,600 shares, a decrease of 17.4% from the August 15th total of 963,500 shares. Based on an average daily trading volume, of 442,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.5% of the shares of the company are sold short. View ProAssurance's Short Interest. Who are some of ProAssurance's key competitors? Some companies that are related to ProAssurance include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Cincinnati Financial (CINF), Arch Capital Group (ACGL), W. R. Berkley (WRB), Erie Indemnity (ERIE), Fidelity National Financial (FNF), Cna Financial (CNA), First American Financial (FAF), Old Republic International (ORI), Axis Capital (AXS) and RLI (RLI). View all competitors. 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 LP Unit (ET), Ford Motor (F), General Electric (GE) and KeyCorp (KEY). Who are ProAssurance's key executives? ProAssurance's management team includes the following people: Mr. William Stancil Starnes Esq., J.D., Chairman & CEO (Age 70)Mr. Edward Lewis Rand Jr., CPA, Pres & COO (Age 52)Mr. Jeffrey Patton Lisenby, Exec. VP, Gen. Counsel, Corp. Sec. & Head of the Corp. Legal Dept (Age 50)Mr. Michael Leonard Boguski CPCU, Pres of Eastern Insurance (Age 56)Mr. Howard Harley Friedman ACAS, Pres of Healthcare Professional Liability, Chief Underwriting Officer & Chief Actuary (Age 60) 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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.92%), Diamond Hill Capital Management Inc. (4.27%), Bank of New York Mellon Corp (1.40%), Charles Schwab Investment Management Inc. (1.34%), Federated Hermes Inc. (0.94%) and Principal Financial Group Inc. (0.75%). Company insiders that own ProAssurance stock include Frank Anthony Spinosa and John J Mcmahon, Jr. View institutional ownership trends for ProAssurance. Which institutional investors are selling ProAssurance stock? PRA stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Vanguard Group Inc., Bank of America Corp DE, Sei Investments Co., Bank of New York Mellon Corp, Russell Investments Group Ltd., Nisa Investment Advisors LLC, and Prudential Financial Inc.. View insider buying and selling activity for ProAssurance. Which institutional investors are buying ProAssurance stock? PRA stock was acquired by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Federated Hermes Inc., Mesirow Financial Investment Management Equity Management, Assenagon Asset Management S.A., Smith Graham & Co. Investment Advisors LP, Cubist Systematic Strategies LLC, Nuveen Asset Management LLC, and Marshall Wace LLP. View insider buying and selling activity for ProAssurance. How do I buy shares of 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. What is ProAssurance's stock price today? One share of PRA stock can currently be purchased for approximately $14.53. How big of a company is ProAssurance? ProAssurance has a market capitalization of $783.01 million 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 991 workers across the globe. What is ProAssurance's official website? The official website for ProAssurance is www.proassurance.com. How can I contact ProAssurance? 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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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