Zacks Research Predicts Higher Earnings for ProAssurance

ProAssurance Co. (NYSE:PRA - Free Report) - Equities researchers at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for shares of ProAssurance in a research report issued to clients and investors on Thursday, December 5th. Zacks Research analyst K. Dey now forecasts that the insurance provider will post earnings of $0.18 per share for the quarter, up from their previous forecast of $0.17. The consensus estimate for ProAssurance's current full-year earnings is $0.80 per share. Zacks Research also issued estimates for ProAssurance's Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.23 EPS, FY2025 earnings at $0.84 EPS, Q1 2026 earnings at $0.21 EPS, Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at $0.24 EPS and FY2026 earnings at $0.94 EPS.

Other equities analysts have also recently issued reports about the stock. Truist Financial boosted their target price on shares of ProAssurance from $14.00 to $18.00 and gave the company a "hold" rating in a research report on Tuesday, November 12th. Piper Sandler cut shares of ProAssurance from an "overweight" rating to a "neutral" rating and set a $18.00 price objective on the stock. in a research note on Monday, November 11th. Finally, StockNews.com cut ProAssurance from a "buy" rating to a "hold" rating in a research note on Tuesday, November 19th.

ProAssurance Price Performance

Shares of NYSE PRA traded down $0.06 during mid-day trading on Monday, reaching $16.84. The company had a trading volume of 564,907 shares, compared to its average volume of 280,785. ProAssurance has a one year low of $10.76 and a one year high of $17.79. The business's 50-day simple moving average is $15.85 and its 200 day simple moving average is $13.95. 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 firm has a market cap of $861.53 million, a price-to-earnings ratio of 20.29 and a beta of 0.27.

Institutional Investors Weigh In On ProAssurance

Hedge funds have recently made changes to their positions in the stock. Point72 Hong Kong Ltd acquired a new position in ProAssurance in the 2nd quarter worth about $28,000. nVerses Capital LLC bought a new stake in shares of ProAssurance during the third quarter worth about $44,000. Innealta Capital LLC acquired a new position in shares of ProAssurance in the second quarter valued at approximately $69,000. Point72 Asia Singapore Pte. Ltd. raised its holdings in ProAssurance by 94.3% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 8,347 shares of the insurance provider's stock valued at $126,000 after buying an additional 4,052 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in ProAssurance during the 2nd quarter worth approximately $166,000. 85.58% of the stock is currently owned by institutional investors and hedge funds.

About ProAssurance

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.