Financial Services - Insurance - Property & Casualty - NYSE - US
$ 16.88
0.416 %
$ 864 M
Market Cap
20.34
P/E
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Lloyd's Syndicate segments. It offers professional liability insurance for healthcare providers and institutions, and attorneys; liability insurance for medical technology and life sciences risks; and workers' compensation insurance, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations.[ Read More ]
The intrinsic value of one PRA stock under the base case scenario is HIDDEN Compared to the current market price of 16.9 USD, ProAssurance Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart PRA
FINANCIALS
1.14 B
REVENUE
0
OPERATING INCOME
-38.6 M
NET INCOME
-49.9 M
OPERATING CASH FLOW
141 M
INVESTING CASH FLOW
-55.3 M
FINANCING CASH FLOW
285 M
REVENUE
12.2 M
OPERATING INCOME
16.4 M
NET INCOME
14 M
OPERATING CASH FLOW
-3.75 M
INVESTING CASH FLOW
-1.85 M
FINANCING CASH FLOW
Balance Sheet Decomposition
ProAssurance Corporation
| Current Assets | 65.9 M |
| Cash & Short-Term Investments | 302 M |
| Receivables | 0 |
| Other Current Assets | -236 M |
| Non-Current Assets | 5.57 B |
| Long-Term Investments | 421 M |
| PP&E | 46 M |
| Other Non-Current Assets | 5.1 B |
| Current Liabilities | 2.98 B |
| Accounts Payable | 24 M |
| Short-Term Debt | 17.2 M |
| Other Current Liabilities | 2.93 B |
| Non-Current Liabilities | 4.52 B |
| Long-Term Debt | 427 M |
| Other Non-Current Liabilities | 4.09 B |
EFFICIENCY
Earnings Waterfall
ProAssurance Corporation
| Revenue | 1.14 B |
| Cost Of Revenue | 0 |
| Gross Profit | 1.14 B |
| Operating Expenses | 1.13 B |
| Operating Income | 0 |
| Other Expenses | 38.6 M |
| Net Income | -38.6 M |
RATIOS
100.00%
GROSS MARGIN
0.00%
OPERATING MARGIN
-3.39%
NET MARGIN
-3.47%
ROE
-0.69%
ROA
0.00%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
ProAssurance Corporation
| Net Income | -38.6 M |
| Depreciation & Amortization | 26 M |
| Capital Expenditures | -4.79 M |
| Stock-Based Compensation | 5.25 M |
| Change in Working Capital | -81.9 M |
| Others | -51.3 M |
| Free Cash Flow | -54.7 M |
Wall Street Analysts Price Targets
ProAssurance Corporation
Wall Street analysts predict an average 1-year price target for PRA of $18.3 , with forecasts ranging from a low of $17 to a high of $20 .
PRA Lowest Price Target
Wall Street Target
17 USD
0.71%
PRA Average Price Target
Wall Street Target
18.3 USD
8.61%
PRA Highest Price Target
Wall Street Target
20 USD
18.48%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0.05 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
ProAssurance Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
4 years ago
May 13, 2020
|
Bought 4.91 K USD
|
Spinosa Frank Anthony
Director |
+ 339
|
14.47 USD |
|
5 years ago
Jun 25, 2019
|
Sell 33.8 K USD
|
MCMAHON JOHN J JR
Director |
- 933
|
36.19 USD |
7. News
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.
zacks.com
- 4 days ago
ProAssurance downgraded to Neutral from Overweight at Piper Sandler
Piper Sandler downgraded ProAssurance to Neutral from Overweight with an unchanged price target of $18.
https://thefly.com
- 5 days ago
ProAssurance Corporation (PRA) Q3 2024 Earnings Call Transcript
ProAssurance Corporation (PRA) Q3 2024 Earnings Call Transcript
seekingalpha.com
- 1 week 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.
zacks.com
- 1 week 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.
zacks.com
- 1 week 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.
zacks.com
- 3 weeks 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.
businesswire.com
- 1 month 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.
zacks.com
- 1 month ago
Secure Your Portfolio With 4 Low-Beta Stocks: PGR, JD, AVO, PRA
It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. PGR, JD, AVO & PRA are well-poised to gain.
zacks.com
- 1 month ago
ProAssurance (PRA) Just Flashed Golden Cross Signal: Do You Buy?
ProAssurance Corporation (PRA) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PRA's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
zacks.com
- 1 month ago
Time to Buy These Top Insurance Stocks Amid Heightened Market Volatility
Amid heightened market volatility investors may want to consider several insurance stocks that have made their way onto the coveted Zacks Rank #1 (Strong Buy) list.
zacks.com
- 2 months ago
Wall Street Analysts See a 25% Upside in ProAssurance (PRA): Can the Stock Really Move This High?
The consensus price target hints at a 25% upside potential for ProAssurance (PRA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
zacks.com
- 2 months ago
8. Profile Summary
ProAssurance Corporation PRA
COUNTRY
US
INDUSTRY
Insurance - Property & Casualty
MARKET CAP
$ 864 M
Dividend Yield
0.00%
Description
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Lloyd's Syndicate segments. It offers professional liability insurance for healthcare providers and institutions, and attorneys; liability insurance for medical technology and life sciences risks; and workers' compensation insurance, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations. The company also participates in Lloyd's of London Syndicate 1729, which underwrites property and casualty insurance, and reinsurance. It markets its products through independent agencies and brokers, as well as an internal sales force. The company was founded in 1976 and is headquartered in Birmingham, Alabama.
Contact
100 Brookwood Place, Birmingham, AL, 35209
https://www.proassurance.com
IPO Date
Sept. 4, 1991
Employees
1094
Officers
Mr. Edward Lewis Rand Jr., CPA
President, Chief Executive Officer & Director
Mr. Jeffrey Patton Lisenby Esq.
Executive Vice President, General Counsel, Corporate Secretary & Head of Corporate Legal Department
Ms. Dana Shannon Hendricks CPA
Executive Vice President, Treasurer & Chief Financial Officer
Ms. Noreen L. Dishart CCP, SPHR
Chief Human Resources Officer & Executive Vice President
Ms. Kathryn Anne Neville Esq.
Chief Compliance Officer & Vice President
Mr. Robert David Francis
President of Healthcare Professional Liability
Mr. Kevin Merrick Shook CPA
President of Workers Compensation Insurance - Eastern Alliance Insurance Group
Mr. Lawrence K. Cochran
Chief Investment Officer, Head of Treasury & Vice President
Mr. Darryl Keith Thomas
Senior Vice President & Chief Claims Officer
Luke Cicchinelli D.P.M.
Chief Medical Director