ProAssurance Corporation (PRA)

NYSE: PRA · IEX Real-Time Price · USD
22.50
-0.07 (-0.31%)
May 27, 2022 4:00 PM EDT - Market closed
Market Cap1.22B
Revenue (ttm)1.19B
Net Income (ttm)132.83M
Shares Out54.05M
EPS (ttm)2.46
PE Ratio9.15
Forward PE31.15
Dividend$0.20 (0.89%)
Ex-Dividend DateJun 14, 2022
Volume113,295
Open22.66
Previous Close22.57
Day's Range22.23 - 22.88
52-Week Range20.00 - 27.55
Beta0.43
AnalystsBuy
Price Target28.90 (+28.4%)
Earnings DateMay 9, 2022

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, Segregated Portfolio Cell Reinsurance, and Lloyd's Syndicate segments. It offers professional liability insurance for healthcare providers and institutions, and attorneys; liability insurance for medical technology and life sciences risks; and workers' compensation insurance, such as guaranteed cost policies, pol...

IndustryInsurance
Founded1976
Employees1,021
Stock ExchangeNYSE
Ticker SymbolPRA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for PRA stock is "Buy." The 12-month stock price forecast is 28.9, which is an increase of 28.44% from the latest price.

Price Target
$28.9
(28.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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. Adki...

3 days ago - Business Wire

ProAssurance (PRA) Down 12.3% Since Q1 Earnings Miss Mark

ProAssurance's (PRA) first-quarter gross premiums written rises on the back of the Specialty P&C segment's performance, aided by the NORCAL acquisition.

2 weeks ago - Zacks Investment Research

ProAssurance (PRA) Q1 Earnings Miss Estimates

ProAssurance (PRA) delivered earnings and revenue surprises of -17.65% and 4.15%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

ProAssurance Reports Results for First Quarter 2022

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE: PRA) reports a net loss of $3.6 million, or $0.07 per diluted share, and operating income(1) of $7.7 million, or $0.14 per diluted shar...

2 weeks ago - Business Wire

Grabar Law Office Investigates Potential Shareholder Action on Behalf of Current Shareholders of ProAssurance Corpora...

Philadelphia, Pennsylvania--(Newsfile Corp. - May 9, 2022) - A federal securities fraud class action against ProAssurance Corporation (NYSE: PRA) has survived a motion to dismiss. That complaint alleges...

2 weeks ago - Newsfile Corp

Why ProAssurance (PRA) Might Surprise This Earnings Season

ProAssurance (PRA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 weeks ago - Zacks Investment Research

Grabar Law Office Investigates Potential Shareholder Action on Behalf of Current Shareholders of ProAssurance Corpora...

Philadelphia, Pennsylvania--(Newsfile Corp. - May 4, 2022) - A federal securities fraud class action against ProAssurance Corporation (NYSE: PRA) has survived a motion to dismiss.That complaint alleges ...

3 weeks ago - Newsfile Corp

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating ProAssurance Corporation

Wilmington, Delaware--(Newsfile Corp. - May 2, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of ProAssurance Corporation (NYSE: PRA) on behalf of stock...

3 weeks ago - Newsfile Corp

ProAssurance (PRA) Reports Next Week: Wall Street Expects Earnings Growth

ProAssurance (PRA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

Will ProAssurance (PRA) Beat Estimates Again in Its Next Earnings Report?

ProAssurance (PRA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

4 weeks ago - Zacks Investment Research

5 Insurers Set to Outshine Estimates This Earnings Season

Better pricing, exposure growth, accelerated digitalization and sturdy capital are expected to help PRA, VOYA, HMN, AJG, and AFL outperform Q1 earnings estimates.

Other symbols:AFLAJGHMNVOYA
1 month ago - Zacks Investment Research

5 Insurers Poised to Beat Estimates This Earnings Season

Better pricing, exposure growth, accelerated digitalization and sturdy capital are expected to help PRA, VOYA, HIG, BRO, and AFL outperform Q1 earnings estimates.

Other symbols:AFLBROHIGVOYA
1 month ago - Zacks Investment Research

Chairman W. Stancil Starnes to Retire From ProAssurance Board of Directors

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Chairman W. Stancil Starnes to Retire from ProAssurance Board of Directors

1 month ago - Business Wire

Why Is ProAssurance (PRA) Up 4.4% Since Last Earnings Report?

ProAssurance (PRA) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Why Should You Hold ProAssurance (PRA) in Your Portfolio?

Banking on strategic growth initiatives and an improving top line, ProAssurance (PRA) holds the potential to reap benefits for investors.

2 months ago - Zacks Investment Research

ProAssurance Declares Quarterly Dividend

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Declares Quarterly Dividend

2 months ago - Business Wire

ProAssurance (PRA) Q4 Earnings Beat on High Premiums, Up Y/Y

ProAssurance's (PRA) fourth-quarter 2021 results are aided by the NORCAL acquisition.

3 months ago - Zacks Investment Research

ProAssurance Reports Results for Fourth Quarter and Year-End 2021

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Reports Results for the Fourth Quarter and Year-End 2021

3 months ago - Business Wire

ProAssurance (PRA) to Post Q4 Earnings: What You Need to Know

ProAssurance's (PRA) fourth-quarter results are likely to reflect increased net investment income and premiums earned.

3 months ago - Zacks Investment Research

ProAssurance (PRA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

ProAssurance (PRA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

ProAssurance Corporation Announces Dates for Fourth Quarter and Year-End 2021 Results Release and Conference Call

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation Announces Dates for Fourth Quarter and Year-End 2021 Results Release and Conference Call

4 months ago - Business Wire

4 P&C Insurers Poised to Continue Their Winning Streak in 2022

Backed by improved pricing, technology advancements and global expansion, stocks in the property and casualty insurance industry like SIGI, FAF, BRK.B, PRA are likely to gain in 2022.

Other symbols:FAFSIGI
4 months ago - Zacks Investment Research

ProAssurance (PRA) Up 31.5% in A Year: More Growth Ahead?

ProAssurance's (PRA) cost-control initiatives are likely to lower costs to a great extent and boost the bottom line.

5 months ago - Zacks Investment Research

3 Insurance Stocks That Have Outperformed S&P 500 YTD

Insurers Athene (ATH), ProAssurance (PRA) and Fidelity National (FNF) have outperformed the industry, the sector and the S&P 500 composite year to date and are poised to retain the rally given solid pro...

Other symbols:FNF
5 months ago - Zacks Investment Research

Why Should You Add ProAssurance (PRA) to Your Portfolio?

Riding on inorganic growth and cost-curbing measures, ProAssurance (PRA) holds the potential to reap benefits for investors.

5 months ago - Zacks Investment Research