Pro-Assurance Stock Financials

PRA
 Stock
  

USD 23.13  0.23  0.98%   

Pro-Assurance Corp Net Income Per Employee is projected to decrease significantly based on the last few years of reporting. The past year's Net Income Per Employee was at 141,160. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 211.7 M, whereas Revenue Per Employee is forecasted to decline to about 979.8 K.
  
With this module, you can analyze Pro-Assurance financials for your investing period. You should be able to track the changes in Pro-Assurance Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Pro-Assurance Most Recent Estimates

Quarterly Earnings Growth YOY
1.24
EPS Estimate Next Quarter
0.22
Diluted Eps
2.46
EPS Estimate Current Year
0.82
EPS Estimate Next Year
1.14
EPS Estimate Current Quarter
0.12
Earnings Share
2.46

Revenues

946.56 Million

Understanding current and past Pro-Assurance Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Pro-Assurance Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Pro-Assurance Corp's assets may result in an increase in income on the income statement.
The fundamental analysis of Pro-Assurance Corp is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Pro-Assurance Corp includes many different criteria found on its balance sheet. For example, investors should never minimize Pro-Assurance Corp's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Pro-Assurance Corp's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Pro-Assurance Corp.

Pro-Assurance Corp Cash

Chance Of Financial Distress
Less than 38
Pro-Assurance Corp has less than 38 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Pro-Assurance Corp stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Pro-Assurance Corp's official financial statements usually reflect Pro-Assurance Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Pro-Assurance Corp. For example, before you start analyzing numbers published by Pro-Assurance accountants, it's critical to develop an understanding of what Pro-Assurance Corp's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Pro-Assurance Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pro-Assurance Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Pro-Assurance Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Pro-Assurance Corp. Please utilize our Beneish M Score to check the likelihood of Pro-Assurance Corp's management to manipulate its earnings.

Pro-Assurance Corp Company Summary

Pro-Assurance Corp competes with Travelers Companies, and Apple. 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. It employs 1021 people.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001127703
RegionNorth America
Business Address100 Brookwood Place,
SectorFinancial Services
IndustryInsurance—Property & Casualty
BenchmarkDOW
Websitewww.proassurance.com
Phone205 877 4400
CurrencyUSD - US Dollar
You should never invest in Pro-Assurance Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Pro-Assurance Stock, because this is throwing your money away. Analyzing the key information contained in Pro-Assurance Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Pro-Assurance Corp Key Financial Ratios

Generally speaking, Pro-Assurance Corp's financial ratios allow both analysts and investors to convert raw data from Pro-Assurance Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Pro-Assurance Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Pro-Assurance Corp reports annually and quarterly.

Pro-Assurance Corp Key Balance Sheet Accounts

201720182019202020212022 (projected)
Long Term Debt411.81 M287.76 M285.82 M284.71 M424.99 M336.63 M
Total Assets4.93 B4.6 B4.81 B4.65 B6.19 B5.37 B
Cash and Equivalents134.5 M80.47 M175.37 M215.78 M143.6 M136.44 M
Shareholders Equity1.59 B1.52 B1.51 B1.35 B1.43 B1.81 B
Total Liabilities3.33 B3.08 B3.29 B3.31 B4.76 B3.85 B

Pro-Assurance Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Pro-Assurance Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Net Income107.26 M47.06 M1 M(175.73 M)144.12 M156.87 M
Revenues866.15 M886.03 M999.83 M874.94 M1.12 B946.56 M

Pro-Assurance Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Pro-Assurance Corp. It measures of how well Pro-Assurance is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Pro-Assurance Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Pro-Assurance had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Pro-Assurance Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Net Cash Flow from Financing(356.51 M)(446.19 M)(103.79 M)(43.45 M)(60.62 M)(65.41 M)
Net Cash Flow from Investing224.67 M214.9 M50.52 M(8.48 M)(85.53 M)(87.78 M)
Net Cash Flow from Operations149 M177.26 M148.17 M92.34 M73.97 M108.71 M

Pro-Assurance Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Pro-Assurance Corp's current stock value. Our valuation model uses many indicators to compare Pro-Assurance Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pro-Assurance Corp competition to find correlations between indicators driving Pro-Assurance Corp's intrinsic value. More Info.
Pro-Assurance Corp is rated top company in revenue category among related companies. It is considered to be number one stock in retained earnings category among related companies reporting about  1.11  of Retained Earnings per Revenue. Pro-Assurance Corp Revenues is projected to increase significantly based on the last few years of reporting. The past year's Revenues was at 1.12 Billion. Comparative valuation analysis is a catch-all model that can be used if you cannot value Pro-Assurance Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pro-Assurance Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pro-Assurance Corp's earnings, one of the primary drivers of an investment's value.

Pro-Assurance Corp Systematic Risk

Pro-Assurance Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pro-Assurance Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-five with a total number of output elements of thirty-six. The Beta measures systematic risk based on how returns on Pro-Assurance Corp correlated with the market. If Beta is less than 0 Pro-Assurance Corp generally moves in the opposite direction as compared to the market. If Pro-Assurance Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pro-Assurance Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pro-Assurance Corp is generally in the same direction as the market. If Beta > 1 Pro-Assurance Corp moves generally in the same direction as, but more than the movement of the benchmark.
.

About Pro-Assurance Corp Financials

What exactly are Pro-Assurance Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Pro-Assurance Corp's income statement, its balance sheet, and the statement of cash flows. Potential Pro-Assurance Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Pro-Assurance Corp investors may use each financial statement separately, they are all related. The changes in Pro-Assurance Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pro-Assurance Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Pro-Assurance Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Pro-Assurance grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Pro-Assurance Corp August 12, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Pro-Assurance Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pro-Assurance Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pro-Assurance Corp based on widely used predictive technical indicators. In general, we focus on analyzing Pro-Assurance Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pro-Assurance Corp's daily price indicators and compare them against related drivers.
Information Ratio(0.043716)
Maximum Drawdown12.26
Value At Risk(3.15)
Potential Upside2.91
Please check Your Equity Center. Note that the Pro-Assurance Corp information on this page should be used as a complementary analysis to other Pro-Assurance Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Pro-Assurance Stock analysis

When running Pro-Assurance Corp price analysis, check to measure Pro-Assurance Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pro-Assurance Corp is operating at the current time. Most of Pro-Assurance Corp's value examination focuses on studying past and present price action to predict the probability of Pro-Assurance Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Pro-Assurance Corp's price. Additionally, you may evaluate how the addition of Pro-Assurance Corp to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Is Pro-Assurance Corp's industry 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 Pro-Assurance Corp. If investors know Pro-Assurance 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 Pro-Assurance Corp 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 YOY
1.24
Market Capitalization
1.3 B
Quarterly Revenue Growth YOY
-0.092
Return On Assets
0.0072
Return On Equity
0.0302
The market value of Pro-Assurance Corp is measured differently than its book value, which is the value of Pro-Assurance that is recorded on the company's balance sheet. Investors also form their own opinion of Pro-Assurance Corp's value that differs from its market value or its book value, called intrinsic value, which is Pro-Assurance Corp'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 Pro-Assurance Corp's market value can be influenced by many factors that don't directly affect Pro-Assurance Corp'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 Pro-Assurance Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Pro-Assurance Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pro-Assurance Corp'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.