ProAssurance Corporation (PRA)

NYSE: PRA · IEX Real-Time Price · USD
12.86
+0.12 (0.94%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

ProAssurance has a market cap or net worth of $649.36 million. The enterprise value is $1.03 billion.

Market Cap 649.36M
Enterprise Value 1.03B

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, after market close.

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

Share Statistics

ProAssurance has 50.97 million shares outstanding. The number of shares has decreased by -2.50% in one year.

Shares Outstanding 50.97M
Shares Change (YoY) -2.50%
Shares Change (QoQ) -1.67%
Owned by Insiders (%) 1.29%
Owned by Institutions (%) 86.80%
Float 50.38M

Valuation Ratios

PE Ratio n/a
Forward PE 36.80
PS Ratio 0.57
Forward PS 0.58
PB Ratio 0.58
P/FCF Ratio n/a
PEG Ratio 1.02
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.90
EV / EBITDA 102.61
EV / EBIT n/a
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.40
Debt / EBITDA 44.36
Debt / FCF n/a
Interest Coverage -0.69

Financial Efficiency

Return on equity (ROE) is -3.50% and return on invested capital (ROIC) is -1.03%.

Return on Equity (ROE) -3.50%
Return on Assets (ROA) -0.70%
Return on Capital (ROIC) -1.03%
Revenue Per Employee $1.04M
Profits Per Employee -$35,287
Employee Count 1,094
Asset Turnover 0.20
Inventory Turnover n/a

Taxes

Income Tax -545,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -27.14% in the last 52 weeks. The beta is 0.24, so ProAssurance's price volatility has been lower than the market average.

Beta (1Y) 0.24
52-Week Price Change -27.14%
50-Day Moving Average 12.89
200-Day Moving Average 15.16
Relative Strength Index (RSI) 55.83
Average Volume (30 Days) 276,970

Short Selling Information

The latest short interest is 807,222, so 1.58% of the outstanding shares have been sold short.

Short Interest 807,222
Short Previous Month 800,215
Short % of Shares Out 1.58%
Short % of Float 1.60%
Short Ratio (days to cover) 2.77

Income Statement

In the last 12 months, ProAssurance had revenue of $1.14 billion and -$38.60 million in losses. Loss per share was -$0.73.

Revenue 1.14B
Gross Profit 336.72M
Operating Income -16.00M
Pretax Income -39.15M
Net Income -38.60M
EBITDA 10.02M
EBIT -16.00M
Loss Per Share -$0.73
Full Income Statement

Balance Sheet

The company has $65.90 million in cash and $444.31 million in debt, giving a net cash position of -$378.41 million or -$7.42 per share.

Cash & Cash Equivalents 65.90M
Total Debt 444.31M
Net Cash -378.41M
Net Cash Per Share -$7.42
Equity / Book Value 1.11B
Book Value Per Share 21.82
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$49.89 million and capital expenditures -$4.79 million, giving a free cash flow of -$54.68 million.

Operating Cash Flow -49.89M
Capital Expenditures -4.79M
Free Cash Flow -54.68M
FCF Per Share -$1.04
Full Cash Flow Statement

Margins

Gross margin is 29.61%, with operating and profit margins of -1.41% and -3.39%.

Gross Margin 29.61%
Operating Margin -1.41%
Pretax Margin -3.44%
Profit Margin -3.39%
EBITDA Margin 0.88%
EBIT Margin -1.41%
FCF Margin -4.81%

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 2.50%
Shareholder Yield 2.50%
Earnings Yield -5.94%
FCF Yield -8.42%
Dividend Details

Analyst Forecast

The average price target for ProAssurance is $17.00, which is 32.19% higher than the current price. The consensus rating is "Buy".

Price Target $17.00
Price Target Difference 32.19%
Analyst Consensus Buy
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 2