ProAssurance Co. (NYSE:PRA – Free Report) – Investment analysts at Zacks Research boosted their Q1 2025 earnings estimates for shares of ProAssurance in a research report issued to clients and investors on Thursday, December 5th. Zacks Research analyst K. Dey now expects that the insurance provider will post earnings of $0.18 per share for the quarter, up from their prior estimate 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 research analysts have also issued reports about the stock. Piper Sandler lowered shares of ProAssurance from an “overweight” rating to a “neutral” rating and set a $18.00 target price on the stock. in a report on Monday, November 11th. Truist Financial lifted their price target on shares of ProAssurance from $14.00 to $18.00 and gave the stock a “hold” rating in a research note on Tuesday, November 12th. Finally, StockNews.com cut shares of ProAssurance from a “buy” rating to a “hold” rating in a research report on Tuesday, November 19th.
ProAssurance Trading Down 1.9 %
Shares of NYSE PRA opened at $16.90 on Monday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $864.60 million, a PE ratio of 20.36 and a beta of 0.28. ProAssurance has a twelve month low of $10.76 and a twelve month high of $17.79. The stock has a fifty day simple moving average of $15.82 and a 200-day simple moving average of $13.94.
Institutional Investors Weigh In On ProAssurance
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Point72 Hong Kong Ltd acquired a new stake in shares of ProAssurance during the second quarter worth about $28,000. nVerses Capital LLC acquired a new stake in shares of ProAssurance during the third quarter worth $44,000. Innealta Capital LLC purchased a new position in ProAssurance in the 2nd quarter valued at $69,000. Point72 Asia Singapore Pte. Ltd. grew its position 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, FMR LLC increased its stake in ProAssurance by 197.8% in the 3rd quarter. FMR LLC now owns 12,063 shares of the insurance provider’s stock valued at $181,000 after buying an additional 8,012 shares during the period. Hedge funds and other institutional investors own 85.58% of the company’s stock.
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.
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