ProAssurance Future Growth

Future criteria checks 3/6

ProAssurance's revenue is forecast to decline at 1.4% per annum while its annual earnings are expected to grow at 130% per year. EPS is expected to grow by 128.9% per annum. Return on equity is forecast to be 2.8% in 3 years.

Key information

130.0%

Earnings growth rate

128.9%

EPS growth rate

Insurance earnings growth	9.2%
Revenue growth rate	-1.4%
Future return on equity	2.8%
Analyst coverage	Low
Last updated	16 Apr 2024

Recent future growth updates

Recent updates

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

Aug 08

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

Mar 20

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

Feb 24

What Is The Ownership Structure Like For ProAssurance Corporation (NYSE:PRA)?

Jan 20

Don't Buy ProAssurance Corporation (NYSE:PRA) For Its Next Dividend Without Doing These Checks

Dec 16

ProAssurance declares $0.05 dividend

Dec 02

ProAssurance's(NYSE:PRA) Share Price Is Down 72% Over The Past Three Years.

Nov 27

ProAssurance Corporation 2020 Q3 - Results - Earnings Call Presentation

Nov 09

ProAssurance EPS misses by $0.06, misses on revenue

Nov 05

Earnings and Revenue Growth Forecasts

NYSE:PRA - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	1,110	27	N/A	N/A	3
12/31/2024	1,104	13	N/A	N/A	4
12/31/2023	1,140	-39	-55	-50	N/A
9/30/2023	1,135	-31	-87	-83	N/A
6/30/2023	1,132	9	-92	-88	N/A
3/31/2023	1,096	-3	-78	-74	N/A
12/31/2022	1,105	0	-34	-30	N/A
9/30/2022	1,125	18	7	11	N/A
6/30/2022	1,162	39	36	39	N/A
3/31/2022	1,187	133	56	60	N/A
12/31/2021	1,124	144	70	74	N/A
9/30/2021	1,041	126	86	89	N/A
6/30/2021	958	-36	116	121	N/A
3/31/2021	898	-146	127	133	N/A
12/31/2020	875	-176	85	92	N/A
9/30/2020	895	-249	82	93	N/A
6/30/2020	910	-82	61	72	N/A
3/31/2020	928	-53	92	102	N/A
12/31/2019	1,000	1	139	148	N/A
9/30/2019	930	36	151	160	N/A
6/30/2019	937	50	181	191	N/A
3/31/2019	954	67	128	138	N/A
12/31/2018	886	47	168	177	N/A
9/30/2018	916	89	195	202	N/A
6/30/2018	895	87	163	172	N/A
3/31/2018	844	78	170	177	N/A
12/31/2017	866	107	163	173	N/A
9/30/2017	895	145	N/A	158	N/A
6/30/2017	891	150	N/A	150	N/A
3/31/2017	900	173	N/A	182	N/A
12/31/2016	870	151	N/A	179	N/A
9/30/2016	818	131	N/A	135	N/A
6/30/2016	769	108	N/A	144	N/A
3/31/2016	758	98	N/A	131	N/A
12/31/2015	772	116	N/A	111	N/A
9/30/2015	804	146	N/A	100	N/A
6/30/2015	833	171	N/A	121	N/A
3/31/2015	852	188	N/A	102	N/A
12/31/2014	852	197	N/A	96	N/A
9/30/2014	827	202	N/A	116	N/A
6/30/2014	805	231	N/A	80	N/A
3/31/2014	753	231	N/A	82	N/A
12/31/2013	740	298	N/A	39	N/A
9/30/2013	743	328	N/A	54	N/A
6/30/2013	737	325	N/A	46	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: PRA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PRA is expected to become profitable in the next 3 years.

Revenue vs Market: PRA's revenue is expected to decline over the next 3 years (-1.4% per year).

High Growth Revenue: PRA's revenue is forecast to decline over the next 3 years (-1.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PRA's Return on Equity is forecast to be low in 3 years time (2.8%).

ProAssurance Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 9.9% to US$18.25

Price target increased by 11% to US$20.00

Price target decreased by 12% to US$19.50

Price target decreased by 7.3% to US$22.25

Consensus EPS estimates have been downgraded.

Price target decreased to US$25.67

Recent updates

ProAssurance Corporation, Annual General Meeting, May 22, 2024

ProAssurance Corporation to Report Q1, 2024 Results on May 06, 2024

President exercised options to buy US$279k worth of stock.

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

ProAssurance Corporation to Report Q4, 2023 Results on Feb 27, 2024

Price target decreased by 9.9% to US$18.25

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

ProAssurance Corporation to Report Q3, 2023 Results on Nov 08, 2023

PICA Group Announces Executive Changes

New minor risk - Earnings quality

Price target increased by 11% to US$20.00

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

ProAssurance Corporation to Report Q2, 2023 Results on Aug 08, 2023

Price target decreased by 12% to US$19.50

Price target decreased by 7.3% to US$22.25

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.05 per share at 1.1% yield

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

CEO, President & Director exercised options to buy US$155k worth of stock.

Full year 2022 earnings: EPS exceeds analyst expectations

ProAssurance Corporation to Report Q4, 2022 Results on Feb 27, 2023

Upcoming dividend of US$0.05 per share

ProAssurance Corporation, Annual General Meeting, May 24, 2023

Consensus EPS estimates have been downgraded.

Price target decreased to US$25.67

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

ProAssurance Corporation to Report Q3, 2022 Results on Nov 08, 2022

Upcoming dividend of US$0.05 per share

ProAssurance Corporation Declares Quarterly Dividend, Payable on October 13, 2022

ProAssurance declares $0.05 dividend

Consensus EPS estimates fall by 29%

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

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

Price target decreased to US$26.00

ProAssurance Corporation to Report Q2, 2022 Results on Aug 08, 2022

Upcoming dividend of US$0.05 per share

ProAssurance Corporation Declares Dividend, Payable on June 29, 2022

ProAssurance Corporation Declares Dividend, Payable on June 29, 2022

Consensus forecasts updated

First quarter 2022 earnings: EPS misses analyst expectations

ProAssurance Corporation Announces Resignation of W. Stancil Starnes from Board of Directors

ProAssurance Corporation to Report Q1, 2022 Results on May 09, 2022

Upcoming dividend of US$0.05 per share

CEO, President & Director exercised options to buy US$82k worth of stock.

ProAssurance Corporation Declares Quarterly Cash Dividend, Payable on April 7, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.05 per share

Third quarter 2021 earnings released: EPS US$0.23 (vs US$2.78 loss in 3Q 2020)

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

Upcoming dividend of US$0.05 per share

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

Second quarter 2021 earnings released: EPS US$1.71 (vs US$0.34 loss in 2Q 2020)

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

Price target decreased to US$25.00

Upcoming dividend of US$0.05 per share

Proassurance Corporation Declares Regular Dividend, Payable on July 14, 2021

ProAssurance Corporation (NYSE:PRA) completed the acquisition of 98% stake in NORCAL Mutual Insurance Company for approximately $520 million.

First quarter 2021 earnings released: EPS US$0.14 (vs US$0.41 loss in 1Q 2020)

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

Upcoming Dividend of US$0.05 Per Share

CEO, President & Director exercised options to buy US$60k worth of stock.

CEO, President & Director exercised options to buy US$60k worth of stock.

CEO, President & Director exercised options to buy US$58k worth of stock.

New 90-day high: US$25.78

Price target raised to US$26.67

Full year 2020 earnings released: US$3.26 loss per share (vs US$0.019 profit in FY 2019)

Revenue and earnings beat expectations

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

New 90-day high: US$21.53