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NYSE:PRAProAssurance Stock Price, Forecast & News

-0.57 (-3.97 %)
(As of 05/29/2020 04:00 PM ET)
Today's Range
Now: $13.80
50-Day Range
MA: $18.22
52-Week Range
Now: $13.80
Volume435,841 shs
Average Volume543,756 shs
Market Capitalization$742.99 million
P/E RatioN/A
Dividend Yield8.99%
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.9Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.42 out of 5 stars

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance



Sales & Book Value

Annual Sales$999.83 million
Book Value$26.51 per share


Net Income$1 million


Market Cap$742.99 million
Next Earnings Date8/5/2020 (Estimated)

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ProAssurance (NYSE:PRA) Frequently Asked Questions

How has ProAssurance's stock been impacted by COVID-19 (Coronavirus)?

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 35.4% and is now trading at $13.80. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is ProAssurance's next earnings date?

ProAssurance is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for ProAssurance.

How were ProAssurance's earnings last quarter?

ProAssurance Co. (NYSE:PRA) issued its earnings results on Thursday, May, 7th. The insurance provider reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate 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 return on equity of 3.21% and a negative net margin of 5.67%. The firm's quarterly revenue was down 26.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.08 EPS. View ProAssurance's earnings history.

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

ProAssurance announced a quarterly dividend on Thursday, May 7th. Shareholders 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 annualized dividend and a yield of 1.45%. The ex-dividend date is Wednesday, June 10th. View ProAssurance's dividend history.

What price target have analysts set for PRA?

5 equities research analysts have issued 1-year price objectives for ProAssurance's stock. Their forecasts range from $21.00 to $36.00. On average, they expect ProAssurance's share price to reach $27.00 in the next twelve months. This suggests a possible upside of 95.7% from the stock's current price. View analysts' price targets for ProAssurance.

Has ProAssurance been receiving favorable news coverage?

News coverage about PRA stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ProAssurance earned a news impact score of -3.4 on InfoTrie's scale. They also assigned press coverage about the insurance provider a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the stock's share price in the near term. View the latest news aboutProAssurance.

Are investors shorting ProAssurance?

ProAssurance saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 955,500 shares, an increase of 10.4% from the April 30th total of 865,400 shares. Based on an average daily trading volume, of 374,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 1.8% of the shares of the stock are short sold. View ProAssurance's Current Options Chain.

Who are some of ProAssurance's key 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 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).

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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.51%), State Street Corp (3.65%), Wells Fargo & Company MN (2.87%), Diamond Hill Capital Management Inc. (2.83%), Invesco Ltd. (2.31%) and Bank of New York Mellon Corp (1.47%). Company insiders that own ProAssurance stock include Frank Anthony Spinosa, John J Mcmahon, Jr and Magnus James Gorrie. View institutional ownership trends for ProAssurance.

Which major investors are selling ProAssurance stock?

PRA stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Morgan Stanley, Morgan Stanley, King Luther Capital Management Corp, UBS Group AG, Nuveen Asset Management LLC, and Bank of New York Mellon Corp. View insider buying and selling activity for ProAssurance.

Which major investors are buying ProAssurance stock?

PRA stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Diamond Hill Capital Management Inc., Invesco Ltd., State Street Corp, Geode Capital Management LLC, SG Americas Securities LLC, BlackRock Inc., and Bogle Investment Management L P DE. Company insiders that have bought ProAssurance stock in the last two years include Frank Anthony Spinosa, and Magnus James Gorrie. 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 $13.80.

How big of a company is ProAssurance?

ProAssurance has a market capitalization of $742.99 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 5/31/2020 by MarketBeat.com Staff

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