NYSE:PRAProAssurance Stock Price, Forecast & News

ProAssurance's stock was trading at $21.35 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PRA shares have decreased by 35.9% and is now trading at $13.68. 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 Wednesday, August 5th 2020. View our earnings forecast for ProAssurance.

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

ProAssurance declared a quarterly dividend on Thursday, May 7th. Investors 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 dividend yield of 1.46%. The ex-dividend date of this dividend is Wednesday, June 10th. View ProAssurance's dividend history.

5 brokerages have issued 1 year target prices for ProAssurance's stock. Their forecasts range from $21.00 to $36.00. On average, they expect ProAssurance's stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 97.4% from the stock's current price. View analysts' price targets for ProAssurance.

News coverage about PRA stock has been trending very negative this week, according to InfoTrie. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. 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 -3.3 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about ProAssurance.

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 $13.68.

ProAssurance has a market capitalization of $736.59 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]