NYSE:PRAProAssurance Stock Price, Forecast & News

ProAssurance's stock was trading at $21.35 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PRA stock has decreased by 34.5% and is now trading at $13.99. View which stocks have been most impacted by Coronavirus.

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.

ProAssurance is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for ProAssurance.

ProAssurance will be holding an earnings conference call on Monday, August 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

ProAssurance Co. (NYSE:PRA) released its quarterly earnings data on Thursday, May, 7th. The insurance provider reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.07. The insurance provider earned $196.70 million during the quarter, compared to the consensus estimate of $235.50 million. ProAssurance had a negative net margin of 5.67% and a negative return on equity of 3.21%. The company's quarterly revenue was down 26.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.08 earnings per share. View ProAssurance's earnings history.

ProAssurance announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.05 per share on Wednesday, July 8th. This represents a $0.20 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend is Wednesday, June 10th. View ProAssurance's dividend history.

5 analysts have issued 1-year target prices for ProAssurance's shares. Their forecasts range from $21.00 to $36.00. On average, they expect ProAssurance's share price to reach $27.00 in the next year. This suggests a possible upside of 93.0% from the stock's current price. View analysts' price targets for ProAssurance.

Press coverage about PRA stock has been trending negative on Tuesday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ProAssurance earned a news impact score of -2.1 on InfoTrie's scale. They also gave news stories about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about ProAssurance.

ProAssurance saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 791,600 shares, a decrease of 37.2% from the June 15th total of 1,260,000 shares. Based on an average trading volume of 504,500 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.5% of the shares of the company 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), Markel (MKL), Arch Capital Group (ACGL), Cincinnati Financial (CINF), W. R. Berkley (WRB), Fidelity National Financial (FNF), Erie Indemnity (ERIE), Cna Financial (CNA), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG) and RLI (RLI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other ProAssurance investors own include Gilead Sciences (GILD), AT&T (T), Walgreens Boots Alliance (WBA), Invesco (IVZ), KeyCorp (KEY), Marathon Petroleum (MPC), Uniti Group (UNIT), AbbVie (ABBV), Consolidated Edison (ED) and Energy Transfer LP Unit (ET).

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

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 $13.99.

ProAssurance has a market capitalization of $753.22 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.

The official website for ProAssurance is 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]