ProAssurance (PRA) Stock Forecast, Price & News

ProAssurance (NYSE:PRA) Frequently Asked Questions

Is ProAssurance a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ProAssurance in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ProAssurance stock.
View analyst ratings for ProAssurance or view top-rated stocks.

Are investors shorting ProAssurance?

ProAssurance saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 507,700 shares, a decrease of 27.2% from the March 31st total of 697,500 shares. Based on an average daily volume of 182,400 shares, the short-interest ratio is currently 2.8 days. Currently, 1.0% of the shares of the stock are short sold.
View ProAssurance's Short Interest.

When is ProAssurance's next earnings date?

ProAssurance is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for ProAssurance.

How were ProAssurance's earnings last quarter?

ProAssurance Co. (NYSE:PRA) posted its quarterly earnings data on Monday, May, 9th. The insurance provider reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.03. The insurance provider had revenue of $283.10 million for the quarter, compared to analyst estimates of $281.72 million. ProAssurance had a net margin of 11.19% and a trailing twelve-month return on equity of 5.87%. ProAssurance's revenue for the quarter was up 28.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.04 earnings per share.
View ProAssurance's earnings history.

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

ProAssurance declared a quarterly dividend on Tuesday, May 24th. Investors of record on Wednesday, June 15th will be paid a dividend of $0.05 per share on Wednesday, June 29th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend is Tuesday, June 14th.
View ProAssurance's dividend history.

Is ProAssurance a good dividend stock?

ProAssurance pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.91%. The dividend payout ratio of ProAssurance is 8.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ProAssurance will have a dividend payout ratio of 19.80% next year. This indicates that ProAssurance will be able to sustain or increase its dividend.
View ProAssurance's dividend history.

What price target have analysts set for PRA?

1 equities research analysts have issued 12 month target prices for ProAssurance's shares. Their forecasts range from $26.00 to $26.00. On average, they anticipate ProAssurance's stock price to reach $26.00 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price.
View analysts' price targets for ProAssurance or view top-rated stocks among Wall Street analysts.

Who are ProAssurance's key executives?

ProAssurance's management team includes the following people:

• Mr. William Stancil Starnes J.D., Exec. Chairman (Age 73, Pay $672.66k)
• Mr. Edward Lewis Rand Jr., CPA, CEO, Pres & Director (Age 55, Pay $2.2M)
• Ms. Dana Shannon Hendricks CPA, CPA, Exec. VP, Treasurer & CFO (Age 54, Pay $875.43k)
• Mr. Jeffrey Patton Lisenby Esq., Exec. VP, Gen. Counsel, Corp. Sec. & Head of the Corp. Legal Dept (Age 53, Pay $931.96k)
• Mr. Michael Leonard Boguski CPCU, Pres of Specialty Property & Casualty (Age 59, Pay $1.4M)
• Mr. Kevin Merrick Shook CPA, Pres of Workers Compensation Insurance - Eastern Alliance Insurance Group (Age 53, Pay $868.93k)
• Mr. Lawrence K. Cochran, Chief Investment Officer, Head of Treasury & VP
• Michael A. Stoeckert, CTO & VP
• Mr. Frank B. O'Neil IRC, Sr. VP of Corp. Communications & Investor Relations (Age 69)
• Ms. Kathryn Anne Neville Esq., Chief Compliance Officer & VP

What is Edward (Ned) Rand's approval rating as ProAssurance's CEO?

13 employees have rated ProAssurance CEO Edward (Ned) Rand on Glassdoor.com. Edward (Ned) Rand has an approval rating of 49% among ProAssurance's employees. This puts Edward (Ned) Rand in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of ProAssurance's key competitors?

Some companies that are related to ProAssurance include Progressive (PGR), Travelers Companies (TRV), Allstate (ALL), Cincinnati Financial (CINF), Markel (MKL), W. R. Berkley (WRB), Arch Capital Group (ACGL), CNA Financial (CNA), Fidelity National Financial (FNF), Old Republic International (ORI), First American Financial (FAF), RLI (RLI), The Hanover Insurance Group (THG), AXIS Capital (AXS) and Selective Insurance Group (SIGI).
View all of PRA's 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 (ET), Ford Motor (F), General Electric (GE) and KeyCorp (KEY).

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. (14.62%), Vanguard Group Inc. (10.98%), Wellington Management Group LLP (4.75%), American Century Companies Inc. (3.64%), State Street Corp (3.51%) and Diamond Hill Capital Management Inc. (3.49%).
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 Diamond Hill Capital Management Inc., Wellington Management Group LLP, Heartland Advisors Inc., JPMorgan Chase & Co., Northern Trust Corp, BlackRock Inc., Russell Investments Group Ltd., and Royce & Associates LP.
View insider buying and selling activity for ProAssurance or view top insider-selling stocks.

Which major investors are buying ProAssurance stock?

PRA stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Vanguard Group Inc., Dimensional Fund Advisors LP, Healthcare of Ontario Pension Plan Trust Fund, Hsbc Holdings PLC, State Street Corp, Goldman Sachs Group Inc., and American Century Companies Inc..
View insider buying and selling activity for ProAssurance or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is ProAssurance's stock price today?

One share of PRA stock can currently be purchased for approximately $22.54.

How much money does ProAssurance make?

ProAssurance has a market capitalization of $1.22 billion and generates $1.12 billion in revenue each year. The insurance provider earns $144.12 million in net income (profit) each year or $2.45 on an earnings per share basis.

How many employees does ProAssurance have?

ProAssurance employs 1,021 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, via email at [email protected], or via fax at 205-868-4073.