Key Details
Price
$16.52Last Dividend
$0.05PE Ratio
19.90Annual ROE
-3.48%Beta
-Events Calendar
Next earnings date:
Feb 27, 2025Recent quarterly earnings:
Nov 07, 2024Recent annual earnings:
Feb 27, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Mar 28, 2023Next split:
N/ARecent split:
Dec 28, 2012Analyst ratings
Recent major analysts updates
Market Data
Dividend
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Efficiency
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Institutional Ownership
PRA's third-quarter earnings benefit from improving underwriting results in its Specialty P&C segment. Declining profits in the Segregated Portfolio Cell Reinsurance unit partially offset the positives.
Appealing valuation, upward trend in earnings estimates and rising investment income bode well for PRA.
ProAssurance (PRA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The average of price targets set by Wall Street analysts indicates a potential upside of 27.7% in ProAssurance (PRA). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
ProAssurance Corporation (NYSE:PRA ) Q2 2024 Earnings Conference Call August 9, 2024 10:30 AM ET Company Participants Heather Wietzel - SVP, IR Edward Rand - President and CEO Dana Hendricks - EVP, CFO and Treasurer Kevin Shook - President, Workers' Compensation Insurance Conference Call Participants Matt Carletti - JMP Paul Newsome - Piper Sandler Gregory Peters - Raymond James Mark Hughes - Truist Bob Farnam - Janney Operator Good morning, everyone. Welcome to ProAssurance's conference call to discuss the company's Second Quarter 2024 Results.
ProAssurance's (PRA) Q2 results reflect strong underwriting results in the Specialty P&C segment and investment income growth, despite profitability pressures in some segments.
The headline numbers for ProAssurance (PRA) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
ProAssurance (PRA) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.16 per share a year ago.
ProAssurance's (PRA) second-quarter results are likely to reflect growing investment income.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for ProAssurance (PRA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
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