Proassurance Stock Today

PRA Stock  USD 16.13  2.02  14.32%   

Performance

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Odds Of Distress

Below Average

 
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ProAssurance is trading at 16.13 as of the 26th of February 2025, a 14.32% increase since the beginning of the trading day. The stock's open price was 14.11. ProAssurance has about a 34 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
Business Domain
Insurance
IPO Date
4th of September 1991
Category
Financial Services
Classification
Financials
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company was founded in 1976 and is headquartered in Birmingham, Alabama. Pro-Assurance Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. The company has 51.16 M outstanding shares of which 449.48 K shares are at this time shorted by investors with about 2.4 days to cover. More on ProAssurance

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ProAssurance Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOEdward Rand
Old Names[PRAKTIKER, PRAKTIKER, PRAKTIKER - Dusseldorf Stock Exchang, PRAKTIKER - Hanover Stock Exchang, PRAKTIKER, PRAKTIKER (PRA.SG), Praktiker AG]
Business ConcentrationProperty & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, SP Small-Cap 600, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors)
Average Analyst Recommendation
Debt Levels
ProAssurance can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ProAssurance's financial leverage. It provides some insight into what part of ProAssurance's total assets is financed by creditors.
Liquidity
ProAssurance has 125 M in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. ProAssurance has a current ratio of 2.39, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for ProAssurance to invest in growth at high rates of return.

Change In Cash

(10.47 Million)
ProAssurance (PRA) is traded on New York Stock Exchange in USA. It is located in 100 Brookwood Place, Birmingham, AL, United States, 35209 and employs 1,094 people. ProAssurance is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 825.16 M. ProAssurance runs under Insurance sector within Financials industry. The entity has 51.16 M outstanding shares of which 449.48 K shares are at this time shorted by investors with about 2.4 days to cover. ProAssurance has about 29.96 M in cash with (10.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.52.
Check ProAssurance Probability Of Bankruptcy
Ownership Allocation
ProAssurance owns a total of 51.16 Million outstanding shares. The majority of ProAssurance outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in ProAssurance to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in ProAssurance. Please pay attention to any change in the institutional holdings of ProAssurance as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check ProAssurance Ownership Details

ProAssurance Stock Institutional Holders

InstituionRecorded OnShares
Renaissance Technologies Corp2024-12-31
624.8 K
Charles Schwab Investment Management Inc2024-12-31
599.9 K
Third Avenue Management Llc2024-12-31
564 K
Northern Trust Corp2024-12-31
559.7 K
Jacobs Levy Equity Management, Inc.2024-12-31
531.3 K
Jpmorgan Chase & Co2024-09-30
506.4 K
Hotchkis & Wiley Capital Management Llc2024-12-31
504.5 K
Morgan Stanley - Brokerage Accounts2024-12-31
449.9 K
Dana Investment Advisors Inc2024-12-31
409.9 K
Blackrock Inc2024-12-31
7.5 M
Vanguard Group Inc2024-12-31
5.7 M
View ProAssurance Diagnostics

ProAssurance Historical Income Statement

At present, ProAssurance's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.4 B, whereas Depreciation And Amortization is forecasted to decline to about 22.2 M. View More Fundamentals

ProAssurance Stock Against Markets

ProAssurance Corporate Directors

Samuel PiazzaIndependent DirectorProfile
Frank SpinosaIndependent DirectorProfile
Katisha VanceIndependent DirectorProfile
Magnus GorrieIndependent DirectorProfile
When determining whether ProAssurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProAssurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proassurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Proassurance Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProAssurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ProAssurance. If investors know ProAssurance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ProAssurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.526
Earnings Share
1.03
Revenue Per Share
22.514
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0097
The market value of ProAssurance is measured differently than its book value, which is the value of ProAssurance that is recorded on the company's balance sheet. Investors also form their own opinion of ProAssurance's value that differs from its market value or its book value, called intrinsic value, which is ProAssurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProAssurance's market value can be influenced by many factors that don't directly affect ProAssurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProAssurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProAssurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProAssurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.