ProAssurance Corporation (PRA)

NYSE: PRA · IEX Real-Time Price · USD
13.74
+0.05 (0.37%)
Apr 23, 2024, 4:00 PM EDT - Market closed
0.37%
Market Cap 700.33M
Revenue (ttm) 1.14B
Net Income (ttm) -38.60M
Shares Out 50.97M
EPS (ttm) -0.73
PE Ratio n/a
Forward PE 40.43
Dividend n/a
Ex-Dividend Date n/a
Volume 237,141
Open 13.66
Previous Close 13.69
Day's Range 13.65 - 13.93
52-Week Range 11.76 - 19.38
Beta 0.24
Analysts Buy
Price Target 17.00 (+23.73%)
Earnings Date May 6, 2024

About PRA

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, and Segregated Portfolio Cell Reinsurance segments. It offers professional liability insurance to healthcare providers and institutions, and attorneys and their firms; medical technology liability insurance to medical technology and life sciences companies; and custom alternative risk solutions, including assumed... [Read more]

Sector Financials
Founded 1976
Employees 1,094
Stock Exchange NYSE
Ticker Symbol PRA
Full Company Profile

Financial Performance

In 2023, ProAssurance's revenue was $1.14 billion, an increase of 2.76% compared to the previous year's $1.11 billion. Losses were -$38.60 million, 9503.0% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for PRA stock is "Buy." The 12-month stock price forecast is $17.0, which is an increase of 23.73% from the latest price.

Price Target
$17.0
(23.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ProAssurance Announces Dates for Release of First Quarter 2024 Results Release and Investor Teleconference

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE:PRA) will report results for the quarter ended March 31, 2024 after the close of normal New York Stock Exchange trading on Monday, May...

15 days ago - Business Wire

Willow Risk Advisors Partners with the U.S. Women's Health Alliance (USWHA) and ProAssurance to Launch Medical Professional Liability Insurance Program Specifically Designed for USWHA Member Practices

DOYLESTOWN, Pa.--(BUSINESS WIRE)--Willow Risk Advisors today announced a partnership with U.S. Women's Health Alliance (USWHA) for a medical professional liability insurance program available to its m...

5 weeks ago - Business Wire

ProAssurance Reports Results for Fourth Quarter 2023

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE: PRA) reports net income of $6.4 million, or $0.12 per diluted share, and an operating loss(1) of $2.5 million, or $0.05 per diluted s...

2 months ago - Business Wire

ProAssurance Announces Fourth Quarter and Year-End 2023 Results Release and Teleconference

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance will report results for the year and quarter ended December 31, 2023 after the close of NYSE trading on Tuesday, February 27, 2024.

3 months ago - Business Wire

ProAssurance Reports Results for Third Quarter 2023

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Reports Third Quarter 2023 Results.

5 months ago - Business Wire

ProAssurance Announces Dates for Release of Third Quarter 2023 Results Release and Investor Teleconference

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE:PRA) will report results for the quarter ended September 30, 2023 after the close of normal New York Stock Exchange trading on Wednesd...

7 months ago - Business Wire

Robbins Geller Rudman & Dowd LLP and Saxena White P.A. Announce Proposed Settlement in the ProAssurance Securities Litigation

SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP and Saxena White P.A. regarding the ProAssurance Securities Litigation: UNITED STATES DISTRICT C...

7 months ago - Business Wire

ProAssurance Announces Retirement of PICA Group President, Dr. Ross E. Taubman

BIRMINGHAM, Ala.--(BUSINESS WIRE)--PICA Group, part of the ProAssurance family of companies, announced today the retirement of Dr. Ross E. Taubman, DPM. effective March 31, 2024, after 12 years of ded...

8 months ago - Business Wire

ProAssurance Reports Results for Second Quarter 2023

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Reports Results for Q2 2023.

9 months ago - Business Wire

ProAssurance Second Quarter 2023 Results Release and Teleconference

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Second Quarter 2023 Results Release and Teleconference Dates.

10 months ago - Business Wire

Caresyntax Announces Strategic Collaboration with ProAssurance to Offer Access to Cutting-Edge Surgical Intelligence to Data-Driven Surgeons

BOSTON--(BUSINESS WIRE)--Caresyntax intelligence tools now available to ProAssurance insured surgeons, providing new insights into patient outcomes, operational efficiencies.

11 months ago - Business Wire

ProAssurance Announces Results from 2023 Annual Meeting of Shareholders and Review of Capital Management Strategy

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE:PRA) on May 24th held its Annual Meeting of Shareholders. As a result of voting on the matters placed before the shareholders at the A...

11 months ago - Business Wire

Top 5 Financial Stocks You'll Regret Missing This Quarter - ChoiceOne Finl Servs (NASDAQ:COFS), Evans Bancorp (AMEX:EVBN)

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Other symbols: EVBNCOFSHWBKWDH
11 months ago - Benzinga

ProAssurance Reports Results for First Quarter 2023

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Reports Results for First Quarter 2023.

1 year ago - Business Wire

ProAssurance First Quarter 2023 Results Release and Teleconference

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE:PRA) will report results for the quarter ended March 31, 2023 after the close of normal New York Stock Exchange trading on Tuesday, Ma...

1 year ago - Business Wire

ProAssurance Declares Quarterly Dividend

BIRMINGHAM, Ala.

1 year ago - Business Wire

ProAssurance Announces Mike Boguski's Retirement as President of Specialty P&C

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE:PRA) today announced that Mike Boguski has decided to retire from his role as President of Specialty Property & Casualty on June 30, 2...

1 year ago - Business Wire

ProAssurance Reports Results for Fourth Quarter and Full Year 2022

BIRMINGHAM, Ala.

1 year ago - Business Wire

ProAssurance Fourth Quarter and Year-End 2022 Results Release and Teleconference

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE:PRA) will report results for the quarter and year ended December 31, 2022 after the close of normal New York Stock Exchange trading ...

1 year ago - Business Wire

ProAssurance Declares Quarterly Dividend and Announces Date for 2023 Annual Shareholder Meeting

BIRMINGHAM, Ala.--(BUSINESS WIRE)--The board of directors of ProAssurance Corporation (NYSE:PRA) declared a cash dividend of $0.05 per common share, payable on January 10, 2023 to shareholders of reco...

1 year ago - Business Wire

ProAssurance Reports Results for Third Quarter 2022

BIRMINGHAM, Ala.

1 year ago - Business Wire

ProAssurance Third Quarter 2022 Results Release and Teleconference

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE:PRA) will report results for the quarter ended September 30, 2022 after the close of normal New York Stock Exchange trading on Tuesday...

1 year ago - Business Wire

ProAssurance Reports Results for Second Quarter 2022

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Reports Results for 2022 Q2

1 year ago - Business Wire

ProAssurance Second Quarter 2022 Results Release and Teleconference

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Second Quarter 2022 Results Release and Teleconference

1 year ago - Business Wire

ProAssurance Announces Results from 2022 Annual Meeting of Shareholders and Declares Quarterly Dividend

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Shareholders of ProAssurance Corporation (NYSE:PRA), acting at today's Annual Meeting of Shareholders, cast approximately 91% of their votes to reelect Kedrick D. Ad...

2 years ago - Business Wire