ProAssurance Corporation (PRA)
NYSE: PRA · IEX Real-Time Price · USD
11.76
+0.19 (1.64%)
Jul 26, 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, with a low estimate of 15 and a high estimate of 20. The average target predicts an increase of 44.56% from the current stock price of 11.76.

Analyst Consensus: Buy
Target Low Average Median High
Price $15 $17 $16 $20
Change +27.55% +44.56% +36.05% +70.07%

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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 000000
Buy 222222
Hold 111111
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JMP Securities
JMP Securities
Buy
Maintains
$22$20
Buy Maintains $22$20 +70.07% Jul 17, 2024
Truist Securities
Truist Securities
Hold
Maintains
$14$16
Hold Maintains $14$16 +36.05% May 8, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$22
Buy Reiterates $22 +87.07% Apr 15, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$16$15
Buy Maintains $16$15 +27.55% Mar 4, 2024
JMP Securities
JMP Securities
Buy
Maintains
$24$22
Buy Maintains $24$22 +87.07% Feb 29, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025
Revenue
999.83M874.94M1.12B1.11B1.14B1.10B1.12B
Revenue Growth
12.84%-12.49%28.51%-1.58%2.76%-3.54%2.28%
EPS
0.02-3.262.67-0.01-0.730.490.73
EPS Growth
-97.73%-----50.00%
Forward PE
-----24.0916.06
No. Analysts -----77
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 1.2B 1.2B
Avg 1.1B 1.1B
Low 1.1B 1.1B

Revenue Growth

Revenue Growth 20242025
High
2.6%
9.8%
Avg
-3.5%
2.3%
Low
-7.4%
-3.7%

EPS Forecast

EPS 20242025
High 0.74 0.89
Avg 0.49 0.73
Low 0.29 0.49

EPS Growth

EPS Growth 20242025
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.