Pro-Assurance Stock Analysis

PRA
 Stock
  

USD 21.96  0.05  0.23%   

The current indifference towards the small price fluctuations of Pro-Assurance Corp may encourage investors to take a closer look at the company as it is trading at a share price of 21.96 on 257,536 in trading volume. The company directors and management did not add any value to Pro-Assurance Corp investors in July. However, most investors can still diversify their portfolios with Pro-Assurance Corp to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.7. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The Pro-Assurance Corp stock analysis report makes it easy to digest most publicly released information about Pro-Assurance Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Pro-Assurance Stock analysis module also helps to analyze the Pro-Assurance Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Pro-Assurance Stock Analysis Notes

About 91.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.81. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Pro-Assurance Corp has Price/Earnings To Growth (PEG) ratio of 0.99. The entity next dividend is scheduled to be issued on the 14th of June 2022. The firm had 2:1 split on the 28th of December 2012. 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. To find out more about Pro-Assurance Corp contact Edward Rand at 205 877-4400 or learn more at www.proassurance.com.

Pro-Assurance Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Pro-Assurance Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Pro-Assurance Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Pro-Assurance Corp has a frail financial position based on the latest SEC disclosures
Over 91.0% of the company shares are owned by institutional investors
On 29th of June 2022 Pro-Assurance Corp paid $ 0.05 per share dividend to its current shareholders
Latest headline from www.marketscreener.com: InvenTrust Properties Reports 2022 Second Quarter Results - Form 8-K - Marketscreener.com

Pro-Assurance Corp Upcoming and Recent Events

Earnings reports are used by Pro-Assurance Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Pro-Assurance Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report28th of February 2022
Next Financial Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End28th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Pro-Assurance Largest EPS Surprises

Earnings surprises can significantly impact Pro-Assurance Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2002-08-12
2002-06-300.060.070.0116 
2002-05-13
2002-03-310.050.04-0.0120 
2001-08-07
2001-06-300.060.05-0.0116 
View All Earnings Estimates

Pro-Assurance Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 1.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pro-Assurance Corp's market, we take the total number of its shares issued and multiply it by Pro-Assurance Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Pro-Assurance Profitablity

Pro-Assurance Corp's profitability indicators refer to fundamental financial ratios that showcase Pro-Assurance Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Pro-Assurance Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Pro-Assurance Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Pro-Assurance Corp's profitability requires more research than a typical breakdown of Pro-Assurance Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 11.19 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 12.42 %, which entails that for every 100 dollars of revenue, it generated 0.12 of operating income.
Last ReportedProjected for 2022
Return on Average Assets 2.66  3.01 
Return on Average Equity 10.38  9.44 
Return on Invested Capital 0.0351  0.0396 
Return on Sales 0.20  0.24 

Management Efficiency

The entity has Return on Asset of 1.24 % which means that on every $100 spent on asset, it made $1.24 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 10.21 %, implying that it generated $10.21 on every 100 dollars invested. Pro-Assurance Corp management efficiency ratios could be used to measure how well pro-assurance corp manages its routine affairs as well as how well it operates its assets and liabilities. Pro-Assurance Corp Return on Average Assets are projected to drop slightly based on the last few years of reporting. The past year's Return on Average Assets were at 2.66. The current year Return on Invested Capital is expected to grow to 0.0396, whereas Return on Average Equity is forecasted to decline to 9.44. Pro-Assurance Corp Tax Assets are projected to decrease significantly based on the last few years of reporting. The past year's Tax Assets were at 11.79 Million. The current year Return on Average Assets is expected to grow to 3.01, whereas Total Assets are forecasted to decline to about 5.4 B.
Last ReportedProjected for 2022
Book Value per Share 30.39  26.06 
Enterprise Value over EBIT 18.40  17.46 
Enterprise Value over EBITDA 16.49  14.47 
Price to Book Value 1.91  1.79 
Tangible Assets Book Value per Share 80.60  71.23 
Enterprise Value2.9 B2.3 B
Tangible Asset Value4.3 BB

Technical Drivers

As of the 8th of August, Pro-Assurance Corp holds the risk adjusted performance of (0.09), and Coefficient Of Variation of (1,330). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pro-Assurance Corp, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Pro-Assurance Corp, which can be compared to its competitors. Please check Pro-Assurance Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Pro-Assurance Corp is priced some-what accurately, providing market reflects its current price of 21.96 per share. Given that Pro-Assurance Corp has jensen alpha of (0.16), we recommend you to check out Pro-Assurance Corp's recent market performance to make sure the company can sustain itself at a future point.

Pro-Assurance Corp Price Movement Analysis

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Triangular Moving Average shows Pro-Assurance Corp double smoothed mean price over a specified number of previous prices (i.e., averaged twice).
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Pro-Assurance Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Pro-Assurance Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Pro-Assurance Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Pro-Assurance Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Pro-Assurance Corp Technical and Predictive Indicators

Pro-Assurance Corp Forecast Models

Pro-Assurance Corp time-series forecasting models is one of many Pro-Assurance Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Pro-Assurance Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Pro-Assurance Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Pro-Assurance Corp stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Pro-Assurance shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Pro-Assurance Corp. By using and applying Pro-Assurance Stock analysis, traders can create a robust methodology for identifying Pro-Assurance entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.23  0.27 
Gross Margin 0.44  0.44 
Profit Margin 12.82  17.27 
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.

Current Pro-Assurance Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Pro-Assurance analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Pro-Assurance analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
27.5Hold2Odds
Pro-Assurance Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Pro-Assurance analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Pro-Assurance stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Pro-Assurance Corp, talking to its executives and customers, or listening to Pro-Assurance conference calls.
Pro-Assurance Analyst Advice Details

Pro-Assurance Stock Analysis Indicators

Pro-Assurance Corp stock analysis indicators help investors evaluate how Pro-Assurance Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Pro-Assurance Corp shares will generate the highest return on investment. By understating and applying Pro-Assurance Corp stock analysis, traders can identify Pro-Assurance Corp position entry and exit signals to maximize returns.
Quick Ratio1.22
Trailing Annual Dividend Rate0.20
Fifty Two Week Low20.00
Revenue Growth28.70%
Payout Ratio8.13%
Average Daily Volume Last 10 Day219.58k
Shares Short Prior Month807.85k
Average Daily Volume In Three Month226.13k
Shares Percent Shares Out2.00%
Gross Margins9.87%
Forward Price Earnings18.74
Short Percent Of Float2.73%
Float Shares53.4M
Fifty Two Week High27.55
Fifty Day Average22.48
Enterprise Value To Ebitda8.72
Two Hundred Day Average23.93
Enterprise Value To Revenue1.08
Trailing Annual Dividend Yield0.93%
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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
1.2 B
Quarterly Revenue Growth YOY
0.29
Return On Assets
0.0124
Return On Equity
0.1
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.