ProAssurance Corporation (PRA)

ProAssurance Statistics

Total Valuation

ProAssurance has a market cap or net worth of $751.49 million. The enterprise value is $1.16 billion.

Market Cap	751.49M
Enterprise Value	1.16B

Important Dates

The next confirmed earnings date is Thursday, November 7, 2024, after market close.

Earnings Date	Nov 7, 2024
Ex-Dividend Date	n/a

Share Statistics

ProAssurance has 51.16 million shares outstanding. The number of shares has decreased by -5.28% in one year.

Shares Outstanding	51.16M
Shares Change (YoY)	-5.28%
Shares Change (QoQ)	+0.15%
Owned by Insiders (%)	1.17%
Owned by Institutions (%)	85.25%
Float	50.55M

Valuation Ratios

PE Ratio	n/a
Forward PE	22.60
PS Ratio	0.66
Forward PS	0.68
PB Ratio	0.66
P/FCF Ratio	n/a
PEG Ratio	0.83

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.01
EV / EBITDA	15.91
EV / EBIT	22.86
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.26, with a Debt / Equity ratio of 0.39.

Current Ratio	2.26
Quick Ratio	1.21
Debt / Equity	0.39
Debt / EBITDA	5.80
Debt / FCF	n/a
Interest Coverage	2.16

Financial Efficiency

Return on equity (ROE) is -2.04% and return on invested capital (ROIC) is 2.02%.

Return on Equity (ROE)	-2.04%
Return on Assets (ROA)	0.56%
Return on Capital (ROIC)	2.02%
Revenue Per Employee	$1.05M
Profits Per Employee	-$20,953
Employee Count	1,094
Asset Turnover	0.20
Inventory Turnover	n/a

Taxes

In the past 12 months, ProAssurance has paid $2.58 million in taxes.

Income Tax	2.58M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -17.89% in the last 52 weeks. The beta is 0.25, so ProAssurance's price volatility has been lower than the market average.

Beta (5Y)	0.25
52-Week Price Change	-17.89%
50-Day Moving Average	14.31
200-Day Moving Average	13.33
Relative Strength Index (RSI)	47.79
Average Volume (20 Days)	211,588

Short Selling Information

The latest short interest is 699,260, so 1.37% of the outstanding shares have been sold short.

Short Interest	699,260
Short Previous Month	639,486
Short % of Shares Out	1.37%
Short % of Float	1.38%
Short Ratio (days to cover)	2.26

Income Statement

In the last 12 months, ProAssurance had revenue of $1.15 billion and -$22.92 million in losses. Loss per share was -$0.45.

Revenue	1.15B
Gross Profit	227.44M
Operating Income	50.72M
Pretax Income	-21.11M
Net Income	-22.92M
EBITDA	72.87M
EBIT	50.72M
Loss Per Share	-$0.45

Balance Sheet

The company has $316.28 million in cash and $444.61 million in debt, giving a net cash position of -$407.73 million or -$7.97 per share.

Cash & Cash Equivalents	316.28M
Total Debt	444.61M
Net Cash	-407.73M
Net Cash Per Share	-$7.97
Equity (Book Value)	1.13B
Book Value Per Share	22.15
Working Capital	587.37M

Cash Flow

In the last 12 months, operating cash flow was -$12.54 million and capital expenditures -$5.37 million, giving a free cash flow of -$17.92 million.

Operating Cash Flow	-12.54M
Capital Expenditures	-5.37M
Free Cash Flow	-17.92M
FCF Per Share	-$0.35

Margins

Gross margin is 19.83%, with operating and profit margins of 4.42% and -2.00%.

Gross Margin	19.83%
Operating Margin	4.42%
Pretax Margin	-1.77%
Profit Margin	-2.00%
EBITDA Margin	6.35%
EBIT Margin	4.42%
FCF Margin	-1.56%

Dividends & Yields

ProAssurance does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	5.28%
Shareholder Yield	5.28%
Earnings Yield	-3.05%
FCF Yield	-2.38%

Analyst Forecast

The average price target for ProAssurance is $16.33, which is 11.16% higher than the current price. The consensus rating is "Buy".

Price Target	$16.33
Price Target Difference	11.16%
Analyst Consensus	Buy
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on December 28, 2012. It was a forward split with a ratio of 2:1.

Last Split Date	Dec 28, 2012
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4