ProAssurance Corporation Company Profile (NYSE:PRA)

About ProAssurance Corporation (NYSE:PRA)

ProAssurance Corporation logoProAssurance Corporation (ProAssurance) is a holding company for property and casualty insurance companies. The Company provides 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. The Company operates through four segments. The Specialty property and casualty segment includes the Company's professional liability business, and medical technology and life sciences business. The Workers' compensation segment includes its workers' compensation business. Lloyd's Syndicate 1729 (Syndicate 1729) segment includes business of Syndicate 1729, which underwrites risks over a range of property and casualty insurance and reinsurance lines. The Corporate segment includes the Company's investment operations managed at the corporate level and non-premium revenues generated outside of its insurance entities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: Property & Casualty Insurance
  • Symbol: NYSE:PRA
  • CUSIP: 74267C10
  • Web:
  • Market Cap: $2.86 billion
  • Outstanding Shares: 53,413,000
Average Prices:
  • 50 Day Moving Avg: $54.77
  • 200 Day Moving Avg: $58.76
  • 52 Week Range: $50.50 - $63.53
  • Trailing P/E Ratio: 19.24
  • Foreward P/E Ratio: 25.38
  • P/E Growth: 0.92
Sales & Book Value:
  • Annual Revenue: $890.6 million
  • Price / Sales: 3.21
  • Book Value: $34.41 per share
  • Price / Book: 1.56
  • Annual Dividend: $1.24
  • Dividend Yield: 2.3%
  • EBIDTA: $212.38 million
  • Net Margins: 16.80%
  • Return on Equity: 6.59%
  • Return on Assets: 2.50%
  • Debt-to-Equity Ratio: 0.23%
  • Current Ratio: 0.37%
  • Quick Ratio: 0.37%
  • Average Volume: 142,911 shs.
  • Beta: 0.54
  • Short Ratio: 1.97

Frequently Asked Questions for ProAssurance Corporation (NYSE:PRA)

What is ProAssurance Corporation's stock symbol?

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

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

ProAssurance Corporation declared a quarterly dividend on Wednesday, September 6th. Shareholders of record on Friday, September 29th will be given a dividend of $0.31 per share on Tuesday, October 10th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend is Thursday, September 28th. View ProAssurance Corporation's Dividend History.

How were ProAssurance Corporation's earnings last quarter?

ProAssurance Corporation (NYSE:PRA) announced its quarterly earnings results on Monday, August, 7th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.01. The business earned $205.58 million during the quarter, compared to the consensus estimate of $207.14 million. ProAssurance Corporation had a return on equity of 6.59% and a net margin of 16.80%. The company's revenue was down 4.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.67 earnings per share. View ProAssurance Corporation's Earnings History.

When will ProAssurance Corporation make its next earnings announcement?

ProAssurance Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for ProAssurance Corporation.

What guidance has ProAssurance Corporation issued on next quarter's earnings?

ProAssurance Corporation updated its second quarter earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $0.38-0.41 for the period, compared to the Thomson Reuters consensus estimate of $0.54.

Where is ProAssurance Corporation's stock going? Where will ProAssurance Corporation's stock price be in 2017?

4 analysts have issued 12-month price targets for ProAssurance Corporation's stock. Their forecasts range from $54.00 to $61.00. On average, they expect ProAssurance Corporation's stock price to reach $58.33 in the next year. View Analyst Ratings for ProAssurance Corporation.

Who are some of ProAssurance Corporation's key competitors?

Who are ProAssurance Corporation's key executives?

ProAssurance Corporation's management team includes the folowing people:

  • William Stancil Starnes Esq., Chairman of the Board, President, Chief Executive Officer
  • Edward L. Rand Jr. CPA., Chief Financial Officer, Executive Vice President
  • Michael Leonard Boguski, President of Eastern Insurance
  • Mary Todd Peterson, President of Medmarc Casualty Insurance Company
  • Ross E. Taubman, President, Chief Medical Officer of PICA
  • Jeffrey P. Lisenby, Executive Vice President, General Counsel
  • Frank B. O'Neil, Senior Vice President, Chief Communications Officer
  • Kelly B. Brewer, Chief Accounting Officer, Vice President - Finance
  • Howard H. Friedman, President, Healthcare Professional Liability Group
  • Robert E. Flowers M.D., Lead Independent Director

Who owns ProAssurance Corporation stock?

ProAssurance Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.96%), Vanguard Group Inc. (9.46%), FMR LLC (5.03%), JPMorgan Chase & Co. (3.97%), TimesSquare Capital Management LLC (3.77%) and Dimensional Fund Advisors LP (2.98%). Company insiders that own ProAssurance Corporation stock include Edward Lewis Rand Jr, Howard H Friedman, Jeffrey Patton Lisenby and Neil Frank B O. View Institutional Ownership Trends for ProAssurance Corporation.

Who sold ProAssurance Corporation stock? Who is selling ProAssurance Corporation stock?

ProAssurance Corporation's stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Dimensional Fund Advisors LP, TimesSquare Capital Management LLC, AHL Partners LLP, State Street Corp, Diamond Hill Capital Management Inc., New York State Common Retirement Fund and Russell Investments Group Ltd.. Company insiders that have sold ProAssurance Corporation stock in the last year include Edward Lewis Rand Jr and Jeffrey Patton Lisenby. View Insider Buying and Selling for ProAssurance Corporation.

Who bought ProAssurance Corporation stock? Who is buying ProAssurance Corporation stock?

ProAssurance Corporation's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Koch Industries Inc., Robeco Institutional Asset Management B.V., Janus Henderson Group PLC, BlackRock Inc., Northern Trust Corp, Numeric Investors LLC and Renaissance Technologies LLC. Company insiders that have bought ProAssurance Corporation stock in the last two years include Howard H Friedman and Neil Frank B O. View Insider Buying and Selling for ProAssurance Corporation.

How do I buy ProAssurance Corporation stock?

Shares of ProAssurance Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ProAssurance Corporation's stock price today?

One share of ProAssurance Corporation stock can currently be purchased for approximately $53.55.

MarketBeat Community Rating for ProAssurance Corporation (NYSE PRA)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  91 (Vote Outperform)
Underperform Votes:  147 (Vote Underperform)
Total Votes:  238
MarketBeat's community ratings are surveys of what our community members think about ProAssurance Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for ProAssurance Corporation (NYSE:PRA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $58.33 (8.93% upside)

Analysts' Ratings History for ProAssurance Corporation (NYSE:PRA)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/11/2017Buckingham ResearchInitiated CoverageNeutral -> Neutral$54.00MediumView Rating Details
8/8/2017Boenning ScattergoodReiterated RatingHoldHighView Rating Details
7/17/2017Keefe, Bruyette & WoodsInitiated CoverageMarket Perform$61.00LowView Rating Details
1/23/2017JMP SecuritiesBoost Price TargetMarket Perform$57.00 -> $60.00N/AView Rating Details
1/21/2016SunTrust Banks, Inc.UpgradeNeutral -> Buy$48.00 -> $55.00N/AView Rating Details
(Data available from 9/20/2015 forward)


Earnings History for ProAssurance Corporation (NYSE:PRA)
Earnings by Quarter for ProAssurance Corporation (NYSE:PRA)
Earnings History by Quarter for ProAssurance Corporation (NYSE PRA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.50N/AView Earnings Details
8/7/2017Q2 2017$0.39$0.40$207.14 million$205.58 millionViewListenView Earnings Details
5/4/2017Q1 2017$0.54$0.62$211.53 million$223.00 millionViewListenView Earnings Details
2/22/2017Q4 2016$0.64$0.83$175.19 million$237.67 millionViewN/AView Earnings Details
8/3/2016Q216$0.57$0.67$202.70 million$214.80 millionViewN/AView Earnings Details
5/9/2016Q116$0.60$0.46$224.14 million$193.40 millionViewN/AView Earnings Details
2/23/2016Q415$0.76$0.73$164.97 million$185.90 millionViewListenView Earnings Details
11/4/2015Q3$0.64$0.63$227.75 million$174.90 millionViewN/AView Earnings Details
8/6/2015Q215$0.64$0.64$190.80 million$203.40 millionViewListenView Earnings Details
5/7/2015Q1$0.67$0.61$212.52 million$207.80 millionViewListenView Earnings Details
2/24/2015Q414$0.63$1.04$210.03 million$209.79 millionViewListenView Earnings Details
11/5/2014Q314$0.74$0.68$211.90 million$203.80 millionViewListenView Earnings Details
8/5/2014Q214$0.69$0.69$177.24 million$222.50 millionViewListenView Earnings Details
5/6/2014Q114$0.70$0.73$199.69 million$208.05 millionViewListenView Earnings Details
2/20/2014Q413$1.08$1.14$174.40 millionViewListenView Earnings Details
11/7/2013Q313$0.81$0.88$168.51 millionViewListenView Earnings Details
8/5/2013Q2 2013$0.87$0.72$166.53 million$170.80 millionViewListenView Earnings Details
5/6/2013Q1 2013$0.73$0.97$176.89 million$194.97 millionViewListenView Earnings Details
2/19/2013Q4 2012$1.35$1.56$175.49 million$195.42 millionViewListenView Earnings Details
11/6/2012Q312$1.58$1.71$169.29 million$156.50 millionViewN/AView Earnings Details
8/6/2012$1.48$1.92ViewN/AView Earnings Details
5/7/2012$1.36$1.56ViewN/AView Earnings Details
2/22/2012$1.58$4.27ViewN/AView Earnings Details
11/2/2011$1.24$1.57ViewN/AView Earnings Details
8/3/2011$1.25$1.74ViewN/AView Earnings Details
5/5/2011$1.16$1.46ViewN/AView Earnings Details
2/23/2011$1.35$3.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for ProAssurance Corporation (NYSE:PRA)
2017 EPS Consensus Estimate: $2.18
2018 EPS Consensus Estimate: $2.08
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.51$0.58$0.54
Q2 20173$0.39$0.59$0.51
Q3 20173$0.44$0.53$0.50
Q4 20173$0.60$0.65$0.63
Q1 20182$0.46$0.54$0.50
Q2 20182$0.43$0.53$0.48
Q3 20182$0.44$0.52$0.48
Q4 20182$0.61$0.63$0.62
(Data provided by Zacks Investment Research)


Current Dividend Information for ProAssurance Corporation (NYSE:PRA)
Next Dividend:10/10/2017
Annual Dividend:$1.24
Dividend Yield:2.32%
Dividend Growth:18.20% (3 Year Average)
Payout Ratio:44.60% (Trailing 12 Months of Earnings)
58.22% (Based on This Year's Estimates)
58.77% (Based on Next Year's Estimates)
Dividend Payments by Quarter for ProAssurance Corporation (NYSE:PRA)

Dividend History by Quarter for ProAssurance Corporation (NYSE PRA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for ProAssurance Corporation (NYSE:PRA)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 79.76%
Insider Trades by Quarter for ProAssurance Corporation (NYSE:PRA)
Institutional Ownership by Quarter for ProAssurance Corporation (NYSE:PRA)
Insider Trades by Quarter for ProAssurance Corporation (NYSE:PRA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/18/2017Neil Frank B OInsiderBuy2,500$54.50$136,250.00View SEC Filing  
8/11/2017Neil Frank B OInsiderBuy2,500$54.75$136,875.00View SEC Filing  
8/9/2017Howard H FriedmanInsiderBuy2,000$55.00$110,000.00View SEC Filing  
7/7/2017Jeffrey Patton LisenbyInsiderSell6,171$61.57$379,948.47View SEC Filing  
7/5/2017Jeffrey Patton LisenbyInsiderSell4,829$61.60$297,466.40View SEC Filing  
6/28/2017Edward Lewis Rand JrInsiderSell13,845$60.41$836,376.45View SEC Filing  
6/26/2017Edward Lewis Rand JrInsiderSell3,155$60.11$189,647.05View SEC Filing  
9/8/2015Ziad HaydarDirectorBuy3,065$48.75$149,418.75View SEC Filing  
8/25/2014Piazza Samuel A Jr. DiDirectorBuy5,000$45.84$229,200.00View SEC Filing  
8/7/2014Anthony R TersigniDirectorBuy2,000$43.65$87,300.00View SEC Filing  
5/29/2013Thomas A.S. Wilson JrDirectorBuy1,000$49.87$49,870.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for ProAssurance Corporation (NYSE:PRA)
Latest Headlines for ProAssurance Corporation (NYSE:PRA)
DateHeadline logo Analysts Expect ProAssurance Corporation (PRA) Will Announce Quarterly Sales of $213.50 Million - September 18 at 8:16 AM logoProAssurance Corporation (PRA) & Its Competitors Head-To-Head Contrast - September 13 at 10:34 PM logoProAssurance Corporation (PRA) Receives Consensus Recommendation of "Hold" from Analysts - September 11 at 1:06 PM logoProAssurance Corporation (PRA) Coverage Initiated by Analysts at Buckingham Research - September 11 at 10:48 AM logoProAssurance Establishes the Nation's First Academic Research Program Dedicated to Physician Wellness - September 7 at 7:51 AM logoUAB lands $1.5M gift from major Birmingham company - September 7 at 7:51 AM logoWhy Is ProAssurance (PRA) Down 10.3% Since the Last Earnings Report? - September 7 at 7:51 AM logoProAssurance Corporation (PRA) to Issue $0.31 Quarterly Dividend - September 6 at 5:02 PM logoProAssurance to Present at Keefe, Bruyette & Woods Insurance Conference - September 1 at 7:31 AM logoETFs with exposure to ProAssurance Corp. : September 1, 2017 - September 1 at 7:31 AM logoProAssurance Corp. :PRA-US: Earnings Analysis: Q2, 2017 By the Numbers : August 28, 2017 - August 29 at 6:52 AM logo Analysts Anticipate ProAssurance Corporation (PRA) to Announce $0.47 Earnings Per Share - August 28 at 10:26 PM logoProAssurance Corporation (PRA) Insider Acquires $136,250.00 in Stock - August 21 at 10:20 AM logoCritical Review: Argo Group International Holdings (AGII) versus ProAssurance Corporation (PRA) - August 19 at 2:28 PM logoProAssurance Corp. – Value Analysis (NYSE:PRA) : August 15, 2017 - August 16 at 6:55 AM logoProAssurance Corporation (PRA) versus Heritage Insurance Holdings (HRTG) Head to Head Review - August 15 at 2:20 AM logoProAssurance Corporation (PRA) Insider Purchases $136,875.00 in Stock - August 14 at 10:38 AM logoSee what the IHS Markit Score report has to say about Proassurance Corp. - August 13 at 8:13 PM logoResearch Analysts Set Expectations for ProAssurance Corporation's FY2017 Earnings (NYSE:PRA) - August 11 at 10:45 AM logo$0.49 EPS Expected for ProAssurance Corporation (PRA) This Quarter - August 10 at 12:30 PM logoProAssurance Corporation (NYSE:PRA) to Post Q3 2017 Earnings of $0.53 Per Share, SunTrust Banks Forecasts - August 10 at 9:20 AM logoQ3 2017 Earnings Forecast for ProAssurance Corporation Issued By Boenning Scattergood (NYSE:PRA) - August 10 at 9:20 AM logoInsider Buying: ProAssurance Corporation (NYSE:PRA) Insider Purchases 2,000 Shares of Stock - August 9 at 9:28 PM logoProAssurance (PRA) Q2 Earnings Beat, Revenues Miss Estimates - August 9 at 6:31 AM logoInvestor Network: ProAssurance Corporation to Host Earnings Call - August 9 at 6:31 AM logoEdited Transcript of PRA earnings conference call or presentation 8-Aug-17 2:00pm GMT - August 9 at 6:31 AM logoProAssurance Reports Results for Second Quarter 2017 - August 8 at 6:20 AM logoProAssurance Reports Results for Second Quarter 2017 - August 8 at 6:20 AM logoProAssurance misses 2Q revenue forecasts - August 8 at 6:20 AM logoProAssurance misses 2Q revenue forecasts - August 8 at 6:20 AM logoProAssurance Corporation (NYSE:PRA) Releases Earnings Results, Beats Expectations By $0.01 EPS - August 7 at 7:26 PM logoProAssurance Corporation to Post Q1 2018 Earnings of $0.48 Per Share, Boenning Scattergood Forecasts (PRA) - August 3 at 1:58 PM logoProAssurance Corp. breached its 50 day moving average in a Bearish Manner : PRA-US : August 2, 2017 - August 3 at 7:04 AM logoProAssurance Corporation (PRA) Downgraded by Zacks Investment Research to Sell - August 2 at 1:08 PM logoQ2 2017 Earnings Forecast for ProAssurance Corporation (NYSE:PRA) Issued By Boenning Scattergood - August 2 at 7:32 AM logoProAssurance Corporation (NYSE:PRA) Given "Hold" Rating at Boenning Scattergood - August 1 at 7:46 PM logoProAssurance Announces Preliminary Results for Second Quarter 2017 - August 1 at 4:34 PM logoProAssurance Corporation (PRA) Releases Q2 Earnings Guidance - August 1 at 9:34 AM logoProAssurance Corporation (NYSE:PRA) Set to Announce Quarterly Earnings on Monday - July 31 at 9:48 AM logoProAssurance Corporation (NYSE:PRA) Expected to Announce Quarterly Sales of $213.35 Million - July 23 at 11:00 AM logoAnalysts Anticipate ProAssurance Corporation (PRA) to Announce $0.54 Earnings Per Share - July 19 at 8:18 PM logoProAssurance Corporation (NYSE:PRA) Downgraded by BidaskClub to Sell - July 19 at 7:30 PM logoProAssurance Marks Eleven Straight Years as a Ward's 50 Company - July 19 at 5:05 AM logoProAssurance Corporation Announces Dates for Second Quarter 2017 Earnings Release and Conference Call - July 8 at 1:41 PM logoJeffrey Patton Lisenby Sells 6,171 Shares of ProAssurance Corporation (NYSE:PRA) Stock - July 7 at 8:17 PM logoProAssurance Grows on Buyouts, Financial Health Strengthens - July 7 at 8:15 AM logoInsider Selling: ProAssurance Corporation (NYSE:PRA) Insider Sells 4,829 Shares of Stock - July 6 at 10:30 AM logoProAssurance Corporation (PRA) Lifted to "Buy" at Zacks Investment Research - July 5 at 12:44 PM logo$213.35 Million in Sales Expected for ProAssurance Corporation (PRA) This Quarter - June 29 at 12:52 PM logoInsider Selling: ProAssurance Corporation (PRA) Insider Sells 13,845 Shares of Stock - June 29 at 10:32 AM



ProAssurance Corporation (PRA) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by Staff