ProAssurance (PRA)

• Market cap: $1.18B
• 1 day: -0.43%
• 5 days: 0.26%
• 1 month: 47.61%
• 3 months: 51.87%
• 6 months: 45.76%
• Year to date: 47.61%
• 1 year: 80.19%
• 5 years: 7.11%
• 10 years: -48.58%
• Sector: Financials
• Industry: Property & Casualty Insurance

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: 1,036

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

5% more capital invested

Capital invested by funds: $644M [Q3] → $678M (+$34.8M) [Q4]

2% more funds holding

Funds holding: 173 [Q3] → 176 (+3) [Q4]

0.27% less ownership

Funds ownership: 83.64% [Q3] → 83.37% (-0.27%) [Q4]

8% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 60

99% less call options, than puts

Call options by funds: $51K | Put options by funds: $7.82M

Research analyst outlook

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

• Low target: $20 14% downside
• Avg. target: $20 14% downside
• High target: $20 14% downside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Citizens Capital Markets Karol Chmiel 100% 1-year accuracy 3 / 3 met price target

14% downside $20

Market Outperform Reiterated

25 Feb 2025