Pro-Assurance Stock Today

PRA
 Stock
  

USD 23.13  0.23  0.98%   

Market Performance
9 of 100
Odds Of Distress
Less than 38
Pro-Assurance Corp is trading at 23.13 as of the 12th of August 2022, a -0.98% down since the beginning of the trading day. The stock's open price was 23.36. Pro-Assurance Corp has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Pro-Assurance Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of February 2022 and ending today, the 12th of August 2022. Click here to learn more.
CUSIP
74267C106
Fiscal Year End
December
Business Domain
Insurance
IPO Date
4th of September 1991
Category
Financial Services
Classification
Financials
ISIN
US74267C1062
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. The company has 54.05 M outstanding shares of which 1.08 M shares are at this time shorted by investors with about 4.41 days to cover. More on Pro-Assurance Corp
Follow Valuation Options Odds of Bankruptcy
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Pro-Assurance Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Pro-Assurance Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pro-Assurance Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Pro-Assurance Corp generated a negative expected return over the last 90 days
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 theintercept.com: Eli LillyCharity Finances Groups Opposing Insulin Price Controls - The Intercept
CEOEdward Rand
Average Analyst Recommendation
Analysts covering Pro-Assurance Corp report their recommendations after researching Pro-Assurance Corp's financial statements, talking to executives and customers, or listening in on Pro-Assurance Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Pro-Assurance Corp. The Pro-Assurance consensus assessment is calculated by taking the average forecast from all of the analysts covering Pro-Assurance Corp.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Pro-Assurance Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Pro-Assurance Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares61.4 M54 M
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted61.6 M54.1 M
Fairly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations108.7 M74 M
Way Up
Decreasing
Very volatile
Total Assets5.4 B6.2 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities3.8 B4.8 B
Significantly Down
Increasing
Slightly volatile
Total Debt435.2 M403.4 M
Significantly Up
Increasing
Slightly volatile
Return on Average Assets3.012.6576
Moderately Up
Decreasing
Slightly volatile
Gross Margin0.440.44
Steady
Decreasing
Slightly volatile
Asset Turnover0.180.2073
Fairly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Pro-Assurance Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
Pro-Assurance Corp (PRA) is traded on New York Stock Exchange in USA and employs 1,021 people. The company currently falls under 'Mid-Cap' category with total capitalization of 1.26 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 Corp runs under Financial Services sector within Insurance—Property & Casualty industry. The entity has 54.05 M outstanding shares of which 1.08 M shares are at this time shorted by investors with about 4.41 days to cover. Pro-Assurance Corp has about 354.77 M in cash with 59.53 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.56.
Check Pro-Assurance Corp Probability Of Bankruptcy
Ownership
Pro-Assurance Corp has a total of 54.05 Million outstanding shares. The majority of Pro-Assurance Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Pro-Assurance Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Pro-Assurance Corp. Please pay attention to any change in the institutional holdings of Pro-Assurance Corp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Pro-Assurance Ownership Details

Pro-Assurance Stock Price Odds Analysis

What are Pro-Assurance Corp's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Pro-Assurance Corp jumping above the current price in 90 days from now is about 11.32%. The Pro-Assurance Corp probability density function shows the probability of Pro-Assurance Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Pro-Assurance Corp has a beta of 0.4266 indicating as returns on the market go up, Pro-Assurance Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pro-Assurance Corp will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Pro-Assurance Corp is significantly underperforming DOW.
  Odds Below 23.13HorizonTargetOdds Above 23.13
88.48%90 days
 23.13 
11.32%
Based on a normal probability distribution, the odds of Pro-Assurance Corp to move above the current price in 90 days from now is about 11.32 (This Pro-Assurance Corp probability density function shows the probability of Pro-Assurance Stock to fall within a particular range of prices over 90 days) .

Pro-Assurance Corp Historical Income Statement

Pro-Assurance Corp Income Statement is one of the three primary financial statements used for reporting Pro-Assurance's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Pro-Assurance Corp revenue and expense. Pro-Assurance Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Pro-Assurance Corp Consolidated Income is projected to decrease significantly based on the last few years of reporting. The past year's Consolidated Income was at 135.97 Million. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 185.3 M, whereas Cost of Revenue is forecasted to decline to about 461 M. View More Fundamentals

Pro-Assurance Stock Against Markets

Picking the right benchmark for Pro-Assurance Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Pro-Assurance Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Pro-Assurance Corp is critical whether you are bullish or bearish towards Pro-Assurance Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pro-Assurance Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pro-Assurance Corp Corporate Directors

Pro-Assurance Corp corporate directors refer to members of a Pro-Assurance Corp board of directors. The board of directors generally takes responsibility for the Pro-Assurance Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Pro-Assurance Corp's board members must vote for the resolution. The Pro-Assurance Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ann Putallaz - Independent DirectorProfile
Samuel Piazza - Independent DirectorProfile
Frank Spinosa - Independent DirectorProfile
Katisha Vance - Independent DirectorProfile

Invested in Pro-Assurance Corp?

You need to understand the risk of investing before taking a position in Pro-Assurance Corp. The danger of trading Pro-Assurance Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pro-Assurance Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pro-Assurance Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pro-Assurance Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.
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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
1.3 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.