Is ProAssurance Stock a Good Investment?

ProAssurance Investment Advice

PRA

To provide specific investment advice or recommendations on ProAssurance stock, we recommend investors consider the following general factors when evaluating ProAssurance. This will help you to make an informed decision on whether to include ProAssurance in one of your diversified portfolios:

Examine ProAssurance's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research ProAssurance's leadership team and their track record. Good management can help ProAssurance navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Property & Casualty Insurance space and any emerging trends that could impact ProAssurance's business and its evolving consumer preferences.
Compare ProAssurance's performance and market position to its competitors. Analyze how ProAssurance is positioned in terms of product offerings, innovation, and market share.
Check if ProAssurance pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about ProAssurance's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in ProAssurance stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ProAssurance is a good investment.

Sell

Buy

Strong Buy

Our trade recommendations tool can cross-verify current analyst consensus on ProAssurance and to analyze the firm potential to grow in the current economic cycle. To make sure ProAssurance is not overpriced, please check all ProAssurance fundamentals, including its debt to equity, number of employees, and the relationship between the net income and short ratio . Given that ProAssurance has a number of shares shorted of 945.06 K, we recommend you to check out ProAssurance market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Market Performance	Good	Details
Volatility	Not too volatile	Details
Hype Condition	Low key	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Below Average	Details
Economic Sensitivity	Actively responds to the market	Details
Investor Sentiment	Impartial	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Frail	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine ProAssurance Stock

Researching ProAssurance's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 86.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.7. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ProAssurance has Price/Earnings To Growth (PEG) ratio of 1.02. The entity last dividend was issued on the 28th of March 2023. The firm had 2:1 split on the 28th of December 2012.

To determine if ProAssurance is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ProAssurance's research are outlined below:

	The company reported the last year's revenue of 1.14 B. Reported Net Loss for the year was (38.6 M) with profit before taxes, overhead, and interest of 196.75 M.
	ProAssurance has about 29.96 M in cash with (49.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.52.
	ProAssurance has a frail financial position based on the latest SEC disclosures
	Over 86.0% of the company shares are owned by institutional investors
	Latest headline from prnewswire.com: Leading Business Events Management Company, PRA Acquires Island Style Innovations in Hawaii

ProAssurance Quarterly Cash And Short Term Investments

3.96 Billion

ProAssurance uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ProAssurance. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ProAssurance's 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.

	26th of February 2024 Upcoming Quarterly Report	View
	14th of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	26th of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact ProAssurance'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. Below are the table of largest EPS Surprises ProAssurance's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2002-08-12	2002-06-30	0.06	0.07	0.01	16
2002-05-13	2002-03-31	0.05	0.04	-0.01	20
2001-08-07	2001-06-30	0.06	0.05	-0.01	16
2000-11-08	2000-09-30	0.1	0.11	0.01	10
2024-05-06	2024-03-31	0.06	0.08	0.02	33
2021-05-05	2021-03-31	0.02	0.04	0.02	100
2002-11-13	2002-09-30	0.07	0.09	0.02	28
2000-08-09	2000-06-30	0.16	0.14	-0.02	12

Know ProAssurance's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as ProAssurance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProAssurance backward and forwards among themselves. ProAssurance's institutional investor refers to the entity that pools money to purchase ProAssurance's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Charles Schwab Investment Management Inc	2024-09-30	712.6 K
Renaissance Technologies Corp	2024-09-30	649 K
Amvescap Plc.	2024-06-30	633.4 K
Jacobs Levy Equity Management, Inc.	2024-09-30	587.9 K
Third Avenue Management Llc	2024-06-30	564.1 K
Northern Trust Corp	2024-09-30	542.7 K
Assenagon Asset Management Sa	2024-09-30	485.5 K
Hotchkis & Wiley Capital Management Llc	2024-09-30	484 K
Dana Investment Advisors Inc	2024-09-30	433.5 K
Blackrock Inc	2024-06-30	7.3 M
Vanguard Group Inc	2024-09-30	5.7 M

Note, although ProAssurance's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ProAssurance's market capitalization trends

The company currently falls under 'Small-Cap' category with a total capitalization of 856.87 M.

Market Cap

998.03 Million

ProAssurance's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	(0.01)	(0.01)
Return On Assets	(0.01)	(0.01)
Return On Equity	(0.03)	(0.03)

The company has Net Profit Margin of 0.04 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.

Determining ProAssurance's profitability involves analyzing its financial statements and using various financial metrics to determine if ProAssurance is a good buy. For example, gross profit margin measures ProAssurance's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ProAssurance's profitability and make more informed investment decisions.

Please note, the presentation of ProAssurance's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ProAssurance's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ProAssurance's management manipulating its earnings.

Evaluate ProAssurance's management efficiency

The current year's Return On Tangible Assets is expected to grow to -0.0066. In addition to that, Return On Capital Employed is expected to decline to 0. At present, ProAssurance's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 5.8 B, whereas Total Assets are forecasted to decline to about 3.9 B. ProAssurance's management efficiency ratios could be used to measure how well ProAssurance manages its routine affairs as well as how well it operates its assets and liabilities.

	Last Reported	Projected for Next Year
Book Value Per Share	21.12	16.46
Tangible Book Value Per Share	19.87	15.07
Enterprise Value Over EBITDA	110.26	115.77
Price Book Value Ratio	0.65	0.62
Enterprise Value Multiple	110.26	115.77
Price Fair Value	0.65	0.62
Enterprise Value	3 B	3.1 B

The strategic initiatives led by ProAssurance's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.

Beta

0.255

Basic technical analysis of ProAssurance Stock

As of the 26th of November, ProAssurance holds the Risk Adjusted Performance of 0.1134, coefficient of variation of 714.86, and Semi Deviation of 1.77. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProAssurance, as well as the relationship between them.

ProAssurance's 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 ProAssurance insiders, such as employees or executives, is commonly permitted as long as it does not rely on ProAssurance'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 ProAssurance 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.

		Edward Rand over two months ago Acquisition by Edward Rand of 55157 shares of ProAssurance at 12.2 subject to Rule 16b-3
		Edward Rand over three months ago Disposition of 55157 shares by Edward Rand of ProAssurance subject to Rule 16b-3
		Kevin Shook over six months ago Disposition of 8126 shares by Kevin Shook of ProAssurance subject to Rule 16b-3
		Thomas Wilson over a year ago Acquisition by Thomas Wilson of 7468 shares of ProAssurance subject to Rule 16b-3
		Thomas Wilson over a year ago Acquisition by Thomas Wilson of tradable shares of ProAssurance subject to Rule 16b-3

ProAssurance's Outstanding Corporate Bonds

ProAssurance issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ProAssurance uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ProAssurance bonds can be classified according to their maturity, which is the date when ProAssurance has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	Boeing Co 2196 Corp Bond US097023DG73	View
	HSBC Holdings PLC Corp Bond US404280DR76	View
	MGM Resorts International Corp Bond US552953CD18	View
	PRIVATE EXPT FDG Corp Bond US742651DW99	View
	AerCap Global Aviation Corp Bond US00773HAA59	View

View All ProAssurance Corporate Bonds

Understand ProAssurance's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing ProAssurance's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.1134
	Market Risk Adjusted Performance	0.1705
	Mean Deviation	1.64
	Semi Deviation	1.77
	Downside Deviation	1.96
	Coefficient Of Variation	714.86
	Standard Deviation	2.18
	Variance	4.75
	Information Ratio	0.0809
	Jensen Alpha	0.077
	Total Risk Alpha	(0.04)
	Sortino Ratio	0.0901
	Treynor Ratio	0.1605
	Maximum Drawdown	11.78
	Value At Risk	(3.27)
	Potential Upside	3.11
	Downside Variance	3.83
	Semi Variance	3.14
	Expected Short fall	(1.89)
	Skewness	0.7522
	Kurtosis	3.18

	Risk Adjusted Performance	0.1134
	Market Risk Adjusted Performance	0.1705
	Mean Deviation	1.64
	Semi Deviation	1.77
	Downside Deviation	1.96
	Coefficient Of Variation	714.86
	Standard Deviation	2.18
	Variance	4.75
	Information Ratio	0.0809
	Jensen Alpha	0.077
	Total Risk Alpha	(0.04)
	Sortino Ratio	0.0901
	Treynor Ratio	0.1605
	Maximum Drawdown	11.78
	Value At Risk	(3.27)
	Potential Upside	3.11
	Downside Variance	3.83
	Semi Variance	3.14
	Expected Short fall	(1.89)
	Skewness	0.7522
	Kurtosis	3.18

Consider ProAssurance's intraday indicators

ProAssurance intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ProAssurance stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0269
	Daily Balance Of Power	0.2391
	Rate Of Daily Change	1.01
	Day Median Price	16.84
	Day Typical Price	16.81
	Market Facilitation Index	0.46
	Price Action Indicator	(0.04)
	Period Momentum Indicator	0.11

ProAssurance Corporate Filings

13A	14th of November 2024 An amended filing to the original Schedule 13G	View Verify
8K	7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
F4	1st of July 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
	22nd of April 2024 Other Reports	View Verify

ProAssurance time-series forecasting models is one of many ProAssurance's stock analysis techniques 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 ProAssurance'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 market movement and maximize returns from investment trading.

ProAssurance Stock media impact

Far too much social signal, news, headlines, and media speculation about ProAssurance that are available to investors today. That information is available publicly through ProAssurance media outlets and privately through word of mouth or via ProAssurance internal channels. However, regardless of the origin, that massive amount of ProAssurance data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of ProAssurance news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ProAssurance relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ProAssurance's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ProAssurance alpha.

ProAssurance Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards ProAssurance can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

ProAssurance Corporate Directors

Samuel Piazza	Independent Director	Profile
Frank Spinosa	Independent Director	Profile
Katisha Vance	Independent Director	Profile
Magnus Gorrie	Independent Director	Profile

When determining whether ProAssurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProAssurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Proassurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Proassurance Stock: