ProAssurance (PRA) Projected to Post Earnings on Monday
by Scott Moore · The Cerbat GemProAssurance (NYSE:PRA – Get Free Report) is expected to post its Q1 2025 quarterly earnings results before the market opens on Monday, May 5th. Analysts expect ProAssurance to post earnings of $0.19 per share and revenue of $272.85 million for the quarter.
ProAssurance (NYSE:PRA – Get Free Report) last posted its earnings results on Monday, February 24th. The insurance provider reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.19. The company had revenue of $287.52 million for the quarter, compared to analyst estimates of $274.56 million. ProAssurance had a net margin of 3.71% and a return on equity of 2.65%. On average, analysts expect ProAssurance to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
ProAssurance Price Performance
PRA stock opened at $23.07 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.28 and a current ratio of 0.28. The business has a 50-day simple moving average of $19.88 and a two-hundred day simple moving average of $17.15. The company has a market capitalization of $1.18 billion, a P/E ratio of 27.80 and a beta of -0.09. ProAssurance has a 52-week low of $10.76 and a 52-week high of $23.70.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the company. Citigroup downgraded ProAssurance to a “market perform” rating in a report on Thursday, April 3rd. Citizens Jmp lowered shares of ProAssurance from an “outperform” rating to a “market perform” rating in a research report on Thursday, April 3rd. StockNews.com initiated coverage on shares of ProAssurance in a research report on Friday. They issued a “hold” rating for the company. Finally, Raymond James cut shares of ProAssurance from a “market perform” rating to an “underperform” rating in a research report on Thursday, April 10th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $18.67.
Read Our Latest Stock Analysis on PRA
ProAssurance Company Profile
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, and Segregated Portfolio Cell Reinsurance segments. It 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, loss portfolio transfers, and captive cell programs for healthcare professional liability insureds.
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