Proassurance Stock Today
PRA Stock | USD 15.01 0.26 1.70% |
Performance3 of 100
| Odds Of DistressLess than 36
|
ProAssurance is trading at 15.01 as of the 30th of January 2025, a 1.7% down since the beginning of the trading day. The stock's open price was 15.27. ProAssurance has about a 36 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. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 30th of January 2025. Click here to learn more.
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 51.16 M outstanding shares of which 491.79 K shares are at this time shorted by investors with about 2.13 days to cover. More on ProAssurance
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Follow Valuation Odds of Bankruptcy
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ProAssurance Stock Highlights
CEO | Edward Rand |
Old Names | [PRAKTIKER, PRAKTIKER, PRAKTIKER - Dusseldorf Stock Exchang, PRAKTIKER - Hanover Stock Exchang, PRAKTIKER, PRAKTIKER (PRA.SG), Praktiker AG] |
Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, SP Small-Cap 600, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors) |
Financial Strength |
ProAssurance (PRA) is traded on New York Stock Exchange in USA. It is located in 100 Brookwood Place, Birmingham, AL, United States, 35209 and employs 1,094 people. ProAssurance is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 781.16 M. ProAssurance runs under Insurance sector within Financials industry. The entity has 51.16 M outstanding shares of which 491.79 K shares are at this time shorted by investors with about 2.13 days to cover.
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.
Check ProAssurance Probability Of Bankruptcy
Ownership AllocationProAssurance owns a total of 51.16 Million outstanding shares. The majority of ProAssurance outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in ProAssurance to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in ProAssurance. Please pay attention to any change in the institutional holdings of ProAssurance as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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ProAssurance Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ProAssurance market risk premium is the additional return an investor will receive from holding ProAssurance long position in a well-diversified portfolio.
Risk Adjusted Performance | 0.034 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | (0.01) |
ProAssurance Stock Against Markets
ProAssurance Corporate Directors
Samuel Piazza | Independent Director | Profile | |
Frank Spinosa | Independent Director | Profile | |
Katisha Vance | Independent Director | Profile | |
Magnus Gorrie | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProAssurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Property & Casualty Insurance space 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 ProAssurance. If investors know ProAssurance 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 ProAssurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ProAssurance is measured differently than its book value, which is the value of ProAssurance that is recorded on the company's balance sheet. Investors also form their own opinion of ProAssurance's value that differs from its market value or its book value, called intrinsic value, which is ProAssurance'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 ProAssurance's market value can be influenced by many factors that don't directly affect ProAssurance'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 ProAssurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProAssurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProAssurance'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.