ProAssurance Corporation (PRA)
NYSE: PRA · IEX Real-Time Price · USD
12.17
-0.03 (-0.25%)
Jul 2, 2024, 4:00 PM EDT - Market closed
ProAssurance Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for ProAssurance stock have an average target of 17.67, with a low estimate of 15 and a high estimate of 22. The average target predicts an increase of 45.19% from the current stock price of 12.17.
Analyst Consensus: Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for ProAssurance stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $14 → $16 | Hold | Maintains | $14 → $16 | +31.47% | May 8, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $22 | Buy | Reiterates | $22 | +80.77% | Apr 15, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $16 → $15 | Buy | Maintains | $16 → $15 | +23.25% | Mar 4, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $24 → $22 | Buy | Maintains | $24 → $22 | +80.77% | Feb 29, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $15 → $14 | Hold | Maintains | $15 → $14 | +15.04% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
1.10B
from 1.14B
Decreased by -3.54%
Revenue Next Year
1.12B
from 1.10B
Increased by 2.28%
EPS This Year
0.49
from -0.73
EPS Next Year
0.73
from 0.49
Increased by 50.00%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.2B | 1.2B |
| Avg | 1.1B | 1.1B |
| Low | 1.1B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 2.6% | 9.8% |
| Avg | -3.5% | 2.3% |
| Low | -7.4% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.74 | 0.89 |
| Avg | 0.49 | 0.73 |
| Low | 0.29 | 0.49 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 82.8% |
| Avg | - | 50.0% |
| Low | - | 0.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.