ProAssurance (PRA)
(Delayed Data from NYSE)
$13.13 USD
+0.13 (1.00%)
Updated Sep 16, 2024 04:00 PM ET
After-Market: $13.13 0.00 (0.00%) 7:58 PM ET
1-Strong Buy of 5 1
D Value F Growth B Momentum F VGM
Company Summary
Headquartered in Birmingham, AL, ProAssurance Corporation operates as a holding company for many property and casualty insurance companies. With a single business segment principally in the Mid-Atlantic, Midwest and Southern U.S., the company provides professional liability insurance products primarily to physicians, dentists, other healthcare providers and healthcare facilities through its subsidiaries.
The company was incorporated in Delaware in 2001 as the successor to Medical Assurance, Inc. in conjunction with its merger with Professionals Group, Inc.
The company reports primarily through four segments:
Specialty P&C Insurance Segment (77.3% of net ...
Company Summary
Headquartered in Birmingham, AL, ProAssurance Corporation operates as a holding company for many property and casualty insurance companies. With a single business segment principally in the Mid-Atlantic, Midwest and Southern U.S., the company provides professional liability insurance products primarily to physicians, dentists, other healthcare providers and healthcare facilities through its subsidiaries.
The company was incorporated in Delaware in 2001 as the successor to Medical Assurance, Inc. in conjunction with its merger with Professionals Group, Inc.
The company reports primarily through four segments:
Specialty P&C Insurance Segment (77.3% of net premiums earned in 2023): The segment primarily focused on professional liability insurance and medical technology liability insurance. Medical technology liability insurance is offered to medical technology and life sciences companies that manufacture or distribute products including entities conducting human clinical trials.
Workers' Compensation Segment (16.4%): The segment provides workers' compensation products primarily to employers with 1,000 or fewer employees.
Segregated Portfolio Cell Reinsurance (6.3%): This unit reflects the operating results of SPCs at Eastern Re and Inova Re, its Cayman Islands SPC operations.
Corporate Segment: The segment includes ProAssurance's investment operations, interest expense and U.S. income taxes, all of which are managed at the corporate level with the exception of investment assets solely allocated to Syndicate 1729.
General Information
ProAssurance Corporation
100 Brookwood Place
Birmingham, AL 35209
Phone: 205-877-4400
Fax: 205-868-4073
Web: http://www.proassurance.com
Email: investorrelations@proassurance.com
Industry | Insurance - Property and Casualty |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/13/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.12 |
Current Year EPS Consensus Estimate | 0.58 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 11/13/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 13.00 |
52 Week High | 19.25 |
52 Week Low | 10.76 |
Beta | 0.23 |
20 Day Moving Average | 197,832.34 |
Target Price Consensus | 16.75 |
4 Week | -4.90 |
12 Week | 3.75 |
YTD | -5.73 |
4 Week | -6.11 |
12 Week | 0.77 |
YTD | -20.08 |
Shares Outstanding (millions) | 51.16 |
Market Capitalization (millions) | 665.03 |
Short Ratio | NA |
Last Split Date | 12/28/2012 |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | -0.41 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 22.26 |
Trailing 12 Months | 68.42 |
PEG Ratio | NA |
vs. Previous Year | 43.75% |
vs. Previous Quarter | 187.50% |
vs. Previous Year | -0.51% |
vs. Previous Quarter | 1.99% |
Price/Book | 0.59 |
Price/Cash Flow | 10.55 |
Price / Sales | 0.58 |
6/30/24 | 0.86 |
3/31/24 | 0.59 |
12/31/23 | -0.53 |
6/30/24 | 0.17 |
3/31/24 | 0.11 |
12/31/23 | -0.10 |
6/30/24 | 0.26 |
3/31/24 | 0.26 |
12/31/23 | 0.27 |
6/30/24 | 0.26 |
3/31/24 | 0.26 |
12/31/23 | 0.27 |
6/30/24 | 0.82 |
3/31/24 | 0.56 |
12/31/23 | -0.51 |
6/30/24 | -2.00 |
3/31/24 | -2.42 |
12/31/23 | -3.39 |
6/30/24 | -1.84 |
3/31/24 | -2.22 |
12/31/23 | -3.44 |
6/30/24 | 22.20 |
3/31/24 | 21.84 |
12/31/23 | 21.82 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.38 |
3/31/24 | 0.38 |
12/31/23 | 0.38 |
6/30/24 | 27.38 |
3/31/24 | 27.76 |
12/31/23 | 27.75 |