NYSE:PRA - ProAssurance Stock Price, Forecast & News

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

ProAssurance announced 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 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date is Thursday, December 26th. View ProAssurance's Dividend History.

ProAssurance Co. (NYSE:PRA) posted its earnings results on Thursday, February, 20th. The insurance provider reported ($1.27) earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $1.47. The insurance provider had revenue of $249.47 million for the quarter, compared to analyst estimates of $237.90 million. ProAssurance had a net margin of 0.10% and a negative return on equity of 2.80%. The business's quarterly revenue was up 39.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.18 EPS. View ProAssurance's Earnings History.

ProAssurance is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for ProAssurance.

5 equities research analysts have issued 12-month target prices for ProAssurance's stock. Their forecasts range from $36.00 to $45.00. On average, they anticipate ProAssurance's share price to reach $39.67 in the next year. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets for ProAssurance.

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

News stories about PRA stock have been trending negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ProAssurance earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the next several days. View News Stories for ProAssurance.

ProAssurance saw a increase in short interest in January. As of January 31st, there was short interest totalling 1,010,000 shares, an increase of 5.6% from the January 15th total of 956,100 shares. Based on an average trading volume of 238,900 shares, the days-to-cover ratio is currently 4.2 days. Approximately 1.9% of the company's stock are short sold. 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), Arch Capital Group (ACGL), Markel (MKL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Cna Financial (CNA), Fidelity National Financial (FNF), 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 Gilead Sciences (GILD), Walgreens Boots Alliance (WBA), PacWest Bancorp (PACW), KeyCorp (KEY), Marathon Petroleum (MPC), AT&T (T), Opko Health (OPK), Uniti Group (UNIT), California Resources (CRC) and Consolidated Edison (ED).

ProAssurance's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (3.43%), State Street Corp (3.43%), Renaissance Technologies LLC (1.90%), Diamond Hill Capital Management Inc. (1.88%), Bank of New York Mellon Corp (1.52%) and Geode Capital Management LLC (1.30%). Company insiders that own ProAssurance stock include Howard H Friedman, John J Mcmahon, Jr and Magnus James Gorrie. View Institutional Ownership Trends for ProAssurance.

PRA stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Goldman Sachs Group Inc., Advisors Asset Management Inc., Renaissance Technologies LLC, Arizona State Retirement System, Bank of America Corp DE, Pinebridge Investments L.P. and King Luther Capital Management Corp. View Insider Buying and Selling for ProAssurance.

PRA stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, Heartland Advisors Inc., PhiloSmith Capital Corp, Great West Life Assurance Co. Can, Bank of New York Mellon Corp, Hotchkis & Wiley Capital Management LLC, Oxford Asset Management LLP and Captrust Financial Advisors. 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 $32.70.

ProAssurance has a market capitalization of $1.76 billion 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.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]