PRA icon

ProAssurance

15.76 USD
-0.07
0.44%
At close Dec 20, 4:00 PM EST
After hours
15.76
+0.00
0.00%
1 day
-0.44%
5 days
-5.46%
1 month
-2.96%
3 months
15.12%
6 months
23.03%
Year to date
14.20%
1 year
15.37%
5 years
-57.41%
10 years
-66.46%
 

About: ProAssurance Corp is a holding company for property and casualty insurance companies. The company's wholly-owned insurance subsidiaries provide professional liability insurance for healthcare professionals and facilities, professional liability insurance for attorneys, and workers' compensation insurance. ProAssurance reports operating results in five segments: Specialty Property and Casualty, Workers' Compensation, Segregated Portfolio Cell Reinsurance, Lloyd's Syndicate, and Corporate. ProAssurance generates the vast majority of its revenue from its Specialty P&C activities, followed by Worker's Compensation.

Employees: 1,094

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

23% more capital invested

Capital invested by funds: $525M [Q2] → $644M (+$119M) [Q3]

1% less funds holding

Funds holding: 174 [Q2] → 173 (-1) [Q3]

0.62% less ownership

Funds ownership: 84.27% [Q2] → 83.65% (-0.62%) [Q3]

4% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 27

29% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 66

99% less call options, than puts

Call options by funds: $11K | Put options by funds: $928K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$18
14%
upside
Avg. target
$18
14%
upside
High target
$18
14%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Truist Securities
Mark Hughes
70% 1-year accuracy
45 / 64 met price target
14%upside
$18
Hold
Maintained
12 Nov 2024

Financial journalist opinion

Positive
Zacks Investment Research
4 days ago
3 Financial Stocks to Secure Your Investments Before Year-End
Finance stocks are expected to reap the benefits of technology advancements, growing premiums and favorable consumer spending as they head into 2025. However, inflationary challenges might act as a partial offset.
3 Financial Stocks to Secure Your Investments Before Year-End
Positive
Zacks Investment Research
3 weeks ago
Buy 4 Low-Beta Stocks SFM, PRA, LRN, CVGW to Beat Market Volatility
It is imperative to build a portfolio of low-beta stocks to navigate a volatile market. SFM, PRA, LRN, CVGW are well-poised to gain.
Buy 4 Low-Beta Stocks SFM, PRA, LRN, CVGW to Beat Market Volatility
Positive
Zacks Investment Research
1 month ago
ProAssurance Q3 Earnings Beat on Strong Net Investment Income
PRA's third-quarter earnings benefit from improving underwriting results in its Specialty P&C segment. Declining profits in the Segregated Portfolio Cell Reinsurance unit partially offset the positives.
ProAssurance Q3 Earnings Beat on Strong Net Investment Income
Neutral
Seeking Alpha
1 month ago
ProAssurance Corporation (PRA) Q3 2024 Earnings Call Transcript
ProAssurance Corporation (PRA) Q3 2024 Earnings Call Transcript
ProAssurance Corporation (PRA) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
ProAssurance (PRA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for ProAssurance (PRA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
ProAssurance (PRA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Positive
Zacks Investment Research
1 month ago
ProAssurance (PRA) Q3 Earnings and Revenues Surpass Estimates
ProAssurance (PRA) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to loss of $0.07 per share a year ago.
ProAssurance (PRA) Q3 Earnings and Revenues Surpass Estimates
Neutral
Business Wire
1 month ago
ProAssurance Reports Results for Third Quarter 2024
BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE: PRA), an industry-leading specialty insurer with extensive expertise in medical professional liability and a core small-cap value equity in the financials sector, today reported net income of $16.4 million, or $0.32 per diluted share, and operating income(1) of $17.3 million, or $0.34 per diluted share, for the three months ended September 30, 2024. Third Quarter 2024(2) Specialty P&C segment combined ratio of 99.5% demonstr.
ProAssurance Reports Results for Third Quarter 2024
Positive
Zacks Investment Research
1 month ago
Buy Low-Beta Stocks JD, SKWD, CORT, PRA to Beat Election Uncertainty
It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. JD, SKWD, CORT & PRA are well-poised to gain.
Buy Low-Beta Stocks JD, SKWD, CORT, PRA to Beat Election Uncertainty
Neutral
Business Wire
2 months ago
ProAssurance to Announce Third Quarter 2024 Results on Thursday, November 7, 2024
BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE: PRA) will issue its news release and file its Form 10-Q regarding third quarter 2024 results after the market closes on Thursday, November 7, 2024. The release and 10-Q will be available on the Company's website at investor.proassurance.com. ProAssurance will conduct its quarterly conference call with analysts and investors to discuss the results and other information on Friday, November 8, 2024, at 10:00 a.m. ET. Preregistratio.
ProAssurance to Announce Third Quarter 2024 Results on Thursday, November 7, 2024
Positive
Zacks Investment Research
2 months ago
ProAssurance Jumps 33% in 3 Months: Is it Still a Good Bet for You?
Appealing valuation, upward trend in earnings estimates and rising investment income bode well for PRA.
ProAssurance Jumps 33% in 3 Months: Is it Still a Good Bet for You?
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