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ProAssurance CorporationNYSE:PRA Stock Report

Market Cap US$1.3b
Share Price
US$24.51
US$22.67
8.1% overvalued intrinsic discount
1Y5.5%
7D-0.8%
Portfolio Value
View

ProAssurance Corporation

NYSE:PRA Stock Report

Market Cap: US$1.3b

ProAssurance (PRA) Stock Overview

Through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. More details

PRA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends0/6

PRA Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

ProAssurance Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for ProAssurance
Historical stock prices
Current Share PriceUS$24.51
52 Week HighUS$24.85
52 Week LowUS$22.72
Beta0.045
1 Month Change-0.61%
3 Month Change0.082%
1 Year Change5.46%
3 Year Change92.24%
5 Year Change-2.93%
Change since IPO837.28%

Recent News & Updates

Narrative Update Nov 12

PRA: Margins Will Improve While Revenue Pressures And Fair Value Persist

Analysts have modestly adjusted their price target for ProAssurance, maintaining it at $22.67. Updated forecasts reflect slightly higher discount rates, a softer revenue outlook, improved profit margins, and a marginally lower future price-to-earnings ratio.

Recent updates

Narrative Update Nov 12

PRA: Margins Will Improve While Revenue Pressures And Fair Value Persist

Analysts have modestly adjusted their price target for ProAssurance, maintaining it at $22.67. Updated forecasts reflect slightly higher discount rates, a softer revenue outlook, improved profit margins, and a marginally lower future price-to-earnings ratio.
Narrative Update Oct 29

Future Performance Will Reflect Stable Outlook and Completed Share Repurchase Program

Analysts have slightly adjusted their price target for ProAssurance, maintaining a fair value estimate of $22.67 while taking into account a marginally lower outlook for revenue growth and profit margins. What's in the News ProAssurance reported it repurchased zero shares between April 1, 2025 and June 30, 2025, resulting in no additional spending on buybacks in this period (Key Developments).
Narrative Update Oct 14

AI-Ready Web Portal Will Improve Future Customer Experience And Operational Workflows

Analysts have lowered their price target for ProAssurance from $25.00 to $22.67. This change reflects revised expectations around the company’s fair value based on recent financial performance.
Narrative Update Sep 23

AI-Ready Web Portal Will Improve Future Customer Experience And Operational Workflows

Upward revisions in ProAssurance's consensus revenue growth forecasts and higher future P/E expectations have contributed to a significant increase in the fair value estimate, with the analyst price target rising from $22.67 to $25.00. What's in the News ProAssurance has completed the repurchase of 12,758,534 shares (22.5%) for $490.42 million under the buyback announced in 2011, with no shares repurchased from April 1, 2025 to June 30, 2025.
Seeking Alpha Mar 21

ProAssurance Pops On Acquisition News, But Think Twice About Opportunity Cost

Summary ProAssurance Corporation (PRA) is being acquired by The Doctors Company, resulting in a 48% stock gain, with an 8% discount remaining on the buyout price. The acquisition, valued at $1.3 billion, is not subject to financing conditions, reducing the risk of deal failure due to funding issues. PRA's financials show modest growth and challenges, with a declining book value and underperforming return on capital employed compared to peers. Despite the high likelihood of deal closure, I recommend holding off on buying PRA now due to potential opportunity costs and waiting for a lower price. Read the full article on Seeking Alpha
User avatar
New Narrative Feb 26

AI And Predictive Analytics Initiatives Will Strengthen Future Net Margins

Strategic pricing and predictive analytics improve medical professional liability metrics, potentially enhancing revenue and margins.
Seeking Alpha Jan 09

ProAssurance: Recent Performance Strong, But Valuation Not Compelling

Summary ProAssurance specialises in medical malpractice insurance, facing systemic negative trends and a challenging mono-line business model that suppresses ROE below capital costs. Despite recent stabilization, PRA's valuation on forward earnings is high compared to peers, and growth and momentum are slowing. ProAssurance's net income improvement is driven by increased pricing, re-underwriting initiatives, and higher interest rates, but there's no evidence of pricing above claims trends. SA Quant rates PRA stock a Strong Buy. I share how I see things. Read the full article on Seeking Alpha
Analysis Article Nov 07

ProAssurance Corporation's (NYSE:PRA) Price Is Out Of Tune With Revenues

It's not a stretch to say that ProAssurance Corporation's ( NYSE:PRA ) price-to-sales (or "P/S") ratio of 0.7x right...
Analysis Article Jul 31

Lacklustre Performance Is Driving ProAssurance Corporation's (NYSE:PRA) Low P/S

When close to half the companies operating in the Insurance industry in the United States have price-to-sales ratios...
Analysis Article May 09

Results: ProAssurance Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

A week ago, ProAssurance Corporation ( NYSE:PRA ) came out with a strong set of first-quarter numbers that could...
Analysis Article Mar 12

ProAssurance (NYSE:PRA) Is Due To Pay A Dividend Of $0.05

The board of ProAssurance Corporation ( NYSE:PRA ) has announced that it will pay a dividend on the 13th of April, with...
Seeking Alpha Sep 08

ProAssurance declares $0.05 dividend

ProAssurance (NYSE:PRA) declares $0.05/share quarterly dividend, in line with previous. Forward yield 0.94% Payable Oct. 13; for shareholders of record Sept. 29; ex-div Sept. 28. See PRA Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha Aug 08

ProAssurance Non-GAAP EPS of $1.19 beats by $1.10

ProAssurance press release (NYSE:PRA): Q2 Non-GAAP EPS of $1.19 (vs. $1.52 Y/Y) beats by $1.10. Gross premiums written were $9.58B (vs. $9.50B Y/Y).
Analysis Article Sep 19

ProAssurance's (NYSE:PRA) Dividend Will Be US$0.05

ProAssurance Corporation ( NYSE:PRA ) will pay a dividend of US$0.05 on the 8th of October. This payment means the...
Analysis Article Sep 05

ProAssurance (NYSE:PRA) Is Due To Pay A Dividend Of US$0.05

ProAssurance Corporation ( NYSE:PRA ) has announced that it will pay a dividend of US$0.05 per share on the 8th of...
Analysis Article Aug 08

Need To Know: Analysts Are Much More Bullish On ProAssurance Corporation (NYSE:PRA) Revenues

Shareholders in ProAssurance Corporation ( NYSE:PRA ) may be thrilled to learn that the analysts have just delivered a...
Analysis Article Mar 20

We Wouldn't Be Too Quick To Buy ProAssurance Corporation (NYSE:PRA) Before It Goes Ex-Dividend

It looks like ProAssurance Corporation ( NYSE:PRA ) is about to go ex-dividend in the next four days. You can purchase...
Analysis Article Feb 24

Should You Buy ProAssurance Corporation (NYSE:PRA) For Its Dividend?

Is ProAssurance Corporation ( NYSE:PRA ) a good dividend stock? How can we tell? Dividend paying companies with growing...

Shareholder Returns

PRAUS InsuranceUS Market
7D-0.8%-0.1%1.1%
1Y5.5%-10.0%26.7%

Return vs Industry: PRA exceeded the US Insurance industry which returned -10% over the past year.

Return vs Market: PRA underperformed the US Market which returned 26.7% over the past year.

Price Volatility

Is PRA's price volatile compared to industry and market?
PRA volatility
PRA Average Weekly Movement0.8%
Insurance Industry Average Movement4.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stable Share Price: PRA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PRA's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1976972Ned Randwww.proassurance.com

ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. It operates through three segments: Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Corporate. The company offers professional liability insurance to healthcare providers and institutions, and attorneys and their firms; medical technology liability insurance to medical technology and life sciences companies; and custom alternative risk solutions, including assumed reinsurance and captive cell programs for healthcare professional liability insureds.

ProAssurance Corporation Fundamentals Summary

How do ProAssurance's earnings and revenue compare to its market cap?
PRA fundamental statistics
Market capUS$1.27b
Earnings (TTM)US$65.20m
Revenue (TTM)US$1.10b
19.4x
P/E Ratio
1.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRA income statement (TTM)
RevenueUS$1.10b
Cost of RevenueUS$780.18m
Gross ProfitUS$315.26m
Other ExpensesUS$250.06m
EarningsUS$65.20m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.26
Gross Margin28.78%
Net Profit Margin5.95%
Debt/Equity Ratio31.3%

How did PRA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 22:43
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ProAssurance Corporation is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert FarnamBrean Capital Historical (Janney Montgomery)
Matthew CarlettiCitizens JMP Securities, LLC
Meyer ShieldsKeefe, Bruyette, & Woods